OFF MARKET

Off market may 2024 for $200K

$235,765

Est. refi paymentEst. refi $1,351/mo

•

—

sq ft

540 7th Ave SW, Wells, MN 56097

About this home

Single-familyProperty Type

1954Year Built

10,454 sq ftLot Size

1 car garageParking

Listed by Brad Heggen • Brad Heggen Realty, Inc

Redfin checked: 2 minutes ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #6514900

Redfin Estimate

$235,765

$36K since sold in May 2024$1,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 14.3% higher than the average sale price ($206K) of 6 comparable homes.

SOLD OCT 16, 2026
$195,000
A
4 beds2 baths— sq ft
851 4th Ave SE, Wells, MN 56097
SOLD OCT 30, 2026
$175,000
B
4 beds2 baths— sq ft
505 W North St, Kiester, MN 56051
SOLD OCT 9, 2026
$170,000
C
4 beds2 baths— sq ft
524 1st Ave SE, Wells, MN 56097
SOLD JUN 8, 2026
$215,500
D
3 beds3 baths— sq ft
801 3rd St SW, Wells, MN 56097
SOLD OCT 19, 2026
$270,000
E
4 beds3 baths— sq ft
702 8th St SW, Wells, MN 56097
SOLD JUN 18, 2026
$212,500
F
5 beds2 baths2,671 sq ft
27 9th Ave, Minnesota Lake, MN 56068

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Refinance

Est. cash available

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Rent

$2,539/mo

Redfin rental estimate

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Market trends in 56097, MN

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

98.5%

+2.0% MoM

Median sale price

$190K

$16K MoM

Avg. days on market

52d

11 days MoM

Recently sold homes

1 MoM

New listings for sale

$215,000
4 beds2 baths1,702 sq ft
557 2nd Ave SE, Wells, MN 56097
$159,900
3 beds2 baths1,025 sq ft
80 10th St SE, Wells, MN 56097
See all

Provided by Redfin

Sale history for 540 7th Ave SW

Tax history for 540 7th Ave SW

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

70 ft.

Lot depth

150 ft.

Lot size

10,454 Sq. Ft.

Year renovated

1954

Sq. Ft.

2,392

Year built

1954

Style

Single Family Residential

County

Faribault County

APN

303840850

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 16, 2026.

Property details

Parking

Parking Information
Parking Features: Attached Garage, Concrete, Electric, Garage Door Opener, Guest Parking, Storage
Garage Spaces: 1
Garage Dimensions: 17x23
Garage Sq. Ft.: 391

Interior

Bedroom Information
# of Bedrooms: 4

Bathroom Information
# of Full Baths (Total): 2
Description: Two Primary Baths,Full Basement,Main Floor Full Bath,Jetted Tub

Room 1 Information
Room Type: Living Room
Room Dimensions: 13x18
Room Level: Main

Room 2 Information
Room Type: Kitchen
Room Dimensions: 12x21
Room Level: Main

Room 3 Information
Room Type: Bedroom 1
Room Dimensions: 11x14
Room Level: Main

Room 4 Information
Room Type: Bedroom 2
Room Dimensions: 11x13
Room Level: Main

Room 5 Information
Room Type: Bedroom 3
Room Dimensions: 10x11
Room Level: Main

Room 6 Information
Room Type: Bathroom
Room Dimensions: 8x8
Room Level: Main

Room 7 Information
Room Type: Deck
Room Dimensions: 15x24
Room Level: Main

Room 8 Information
Room Type: Family Room
Room Dimensions: 12x30

Room 9 Information
Room Type: Bedroom 4
Room Dimensions: 11x16

Room 10 Information
Room Type: Office
Room Dimensions: 12x12

Room 11 Information
Room Type: Bathroom
Room Dimensions: 11x11

Basement Information
Has Basement
Basement Features: Egress Window(s), Finished, Full

Dining Room Information
Dining Room Features: Kitchen/Dining Room

Heating & Cooling
Heating Information: Forced Air
Cooling Information: Central Air

Interior Features
Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom, Deck, Family Room, Bedroom 4, Office
Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer, Water Softener Owned

Exterior

Building Information
Construction Materials: Aluminum Siding
Foundation Area: 1,280

Exterior Features
Patio Porch Type: Deck

Property Information
Above Ground Total Sq. Ft.: 1,280
Below Ground Total Sq. Ft.: 1,280
FractionalOwnershipYN: No
Property Type: Residential
Property Sub Type: Single Family Residence
Property Sub Type Description: Ranch-Style Home
Other Structures: Storage Shed
Above Grade Finished Area: 1,280
Below Grade Finished Area: 1,112

Lot Information
Lot Size Area: 0.24
Lot Size Units: Acres
Lot Size Dimensions: 70x150
Road Frontage Type: City Street, Curbs, Paved Streets, Street Lights, Storm Sewer
Road Responsibility: Public Maintained Road

Financial

Tax Information
Tax Annual Amount: $2,217
Tax Year: 2024
Tax With Assessments: $2,286

Lease / Rent Details
RentalLicense Y/N: No

Utilities

Utility Information
Water Source: City Water/Connected
Sewer: City Sewer/Connected
Fuel: Natural Gas

Location

School Information
High School District: United South Central
School District Number: 2134
School District Phone: 507-553-3134

Location Information
Directions: From State Hwy 22 (2nd Ave SW), go west on 6th St SW for 5 blocks, the go north on 7th Ave SW, property on left.
Map Coordinate: 999-A1

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 2,392
Stories: 1.0
Lot Size: 10,454 square feet
Style: Single Family Residential
Year Built: 1954
Year Renovated: 1954
County: Faribault County
APN: 303840850

Home facts updated by county records on Sep 16, 2026

Other

Home Information
Living Area: 2392
Main Level Finished Area: 1280.0000
Building Area Total: 2560
Foundation Dimensions: 27x48
Age Of Property: 71
Levels: One

Around this home

Schools

K - 12
Preschool & daycare

United South Central Elementary School

Public PreK-6 • Assigned • 0.5mi

7/10

United South Central High School

Public 7-12 • Assigned • 0.5mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 100° expected this year, 15 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Wells, MN • 56097

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.2 hours in June and 3.8 hours in December, which is comparable to the U.S. average for solar exposure.

10.2 hrs

3.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$224,000 – $272,000

Sell confidently with a local market expert in Wells. 3 minutes to get started.

Nearby similar homes

$239,900

3 beds3 baths2,415 sq ft

15 SE 10 St, Wells, MN 56097

39 acre lot • Listed 27 days

$250,000

Land— sq ft

11890 390th Ave, Blue Earth, MN 56013

Upland birds habitat • Listed 26 days

$258,800

3 beds2 baths2,266 sq ft

31 Lake Ave E, Minnesota Lake, MN 56068

Generous cabinetry • Finished family room • 0.49 acre lot

$159,900

3 beds2 baths1,025 sq ft

80 10th St SE, Wells, MN 56097

Eat-in kitchen • Honey-toned cabinets • New tile backsplash

$274,900

4 beds3 baths2,276 sq ft

421 Meredith Rd, Albert Lea, MN 56007

Spacious kitchen • Cozy gas fireplace • Back patio

$89,000

2 beds1 bath832 sq ft

305 N Secor St, Bricelyn, MN 56014

New roof • Ample storage • Open layout

New listings for sale in 56097

$215,000

4 beds2 baths1,702 sq ft

557 2nd Ave SE, Wells, MN 56097

Hardwood floors • Updated kitchen • White cabinetry

$159,900

3 beds2 baths1,025 sq ft

80 10th St SE, Wells, MN 56097

Eat-in kitchen • Honey-toned cabinets • New tile backsplash

Home values near 540 7th Ave SW

Data from public records.

Address	Redfin Estimate
500 7th Avenue Southwest, Wells, MN 3 Beds \| 1 Baths \| 1758 Sq. Ft.	$158,603
499 7th Avenue Southwest, Wells, MN 4 Beds \| 3 Baths \| - Sq. Ft.	$227,859
501 7th Avenue Southwest, Wells, MN 3 Beds \| 1 Baths \| 1800 Sq. Ft.	$169,503
459 7th Avenue Southwest, Wells, MN 3 Beds \| 1 Baths \| 1447 Sq. Ft.	$158,621
601 6th Street Southwest, Wells, MN 2 Beds \| 2 Baths \| 1118 Sq. Ft.	$175,847
437 8th Avenue Southwest, Wells, MN 3 Beds \| 1 Baths \| 3852 Sq. Ft.	$205,864
760 6th Street Southwest, Wells, MN 2 Beds \| 1 Baths \| 1152 Sq. Ft.	$121,019

Address	Redfin Estimate
490 7th Avenue Southwest, Wells, MN 3 Beds \| 1 Baths \| 1144 Sq. Ft.	$126,262
460 7th Avenue Southwest, Wells, MN 3 Beds \| 2 Baths \| 1361 Sq. Ft.	$166,162
561 7th Avenue Southwest, Wells, MN 3 Beds \| 2 Baths \| 2040 Sq. Ft.	$157,448
450 8th Avenue Southwest, Wells, MN 2 Beds \| 3 Baths \| - Sq. Ft.	$163,706
721 6th Street Southwest, Wells, MN 3 Beds \| 3 Baths \| - Sq. Ft.	$253,329
700 6th Street Southwest, Wells, MN 3 Beds \| 1 Baths \| 2342 Sq. Ft.	$179,957
764 6th Street Southwest, Wells, MN 2 Beds \| 1 Baths \| 1152 Sq. Ft.	$150,577

Address	Redfin Estimate
430 7th Avenue Southwest, Wells, MN 3 Beds \| 1.5 Baths \| 2275 Sq. Ft.	$188,272
400 7th Avenue Southwest, Wells, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$228,055
435 7th Avenue Southwest, Wells, MN 4 Beds \| 3 Baths \| - Sq. Ft.	$264,920
691 6th Street Southwest, Wells, MN 2 Beds \| 1 Baths \| 1108 Sq. Ft.	$171,266
445 8th Avenue Southwest, Wells, MN 3 Beds \| 2 Baths \| 2019 Sq. Ft.	$207,507
710 6th Street Southwest, Wells, MN 4 Beds \| 2 Baths \| - Sq. Ft.	$192,677
650 6th Street Southwest, Wells, MN - Beds \| - Baths \| 2000 Sq. Ft.	$202,177

Property information provided by NORTHSTARMLS as Distributed by MLS Grid when last listed in 2024. This data may not match . Learn more.

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