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$415,000
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Property Description
This home offers a warm, functional layout with a spacious kitchen featuring painted cabinetry, stainless steel appliances, generous counter space, and a charming custom bay window bench near the breakfast nook. The peninsula counter keeps the kitchen connected to the dining area, making everyday meals and entertaining easy. Spacious bedrooms provide comfortable retreats, while the recently finished lower level adds flexible living space, including a custom reading spot perfect for quiet moments or a cozy retreat. The walkout leads to a tiered backyard that opens to mature trees and peaceful open space with no homes directly behind, creating a private setting that feels calm and inviting.
Full Property Details
Full Property Details for 7531 Banning Way
General
- Sold For: $415,000
- Taxes: $3,912 (2024)
- Status: Closed
- Type: Single Family
- Source: Wirex_Western_Wisconsin_Realtors_Association_WWRA
- MLS ID: 6804841
- Added to Site: 72 day(s) ago
Interior
- Interior Features: Water Softener, Circuit Breakers
- Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Partial Bathrooms: 1
- Bathroom: Master Bedroom Bath: 3/4, Master Bedroom Bath, Master Bedroom Bath: Full, Full on Lower, 3/4 on Main, Full on Main
Bedrooms
- Total Bedrooms: 5
- Primary Bedroom: 15 x 11, Main
- Bedroom 2: 10 x 9, Main
- Bedroom 3: 13 x 10, Main
- Bedroom 4: 15 x 13, Lower
- Bedroom 5: 15 x 11, Lower
Other Rooms
- Living Room: 18 x 16, Main
- Family Room: 31 x 18, Lower
- Kitchen: 11 x 9, Main
- Dining Room: 10 x 10, Main
Parking
- Garage: Yes
- Garage Spaces: 2
- Garage Description: Attached, Opener Included, Insulated Garage
Location
- Municipality: Inver Grove Heights
- County: Out Of State
- Subdivision: Inver Grove Estates
- Driving Directions: 80th St E to Hwy 3 South. Take a right on Barbara Way E and a right on Banning Way.
School Information
- School District: Inver Grove Hts. Community Schools
Heating & Cooling
- Heating Fuel: Natural Gas
- Heating/Cooling: Central Air, Forced Air
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
- Utility Description: Cable
Structural Information
- Architectural Style: Split entry
- Description/Design: Single Family/Detached
- Exterior Const.: Cedar, Fiber Cement
- Basement Desc.: Daylight Window, Finished, Full, Walk Out/Outer Door
- Roof: Other, Shingle
- Square Feet: 2,464
- Year Built: 1988
Additional Structures
- Other Structures: Storage Shed
Lot Features
- Lot Size Range: 0.5 to .99
- Zoning: Residential-Single
- Lot Description: Shade Trees
Financial Considerations
- Tax Amount: $3,912
- Tax Year: 2024
Listed by Realty ONE Group SIMPLIFIED
Sold by Edina Realty, Inc.
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Schools
Schools serving 7531 Banning Way
School District:Inver Grove Heights Schools
| Name | Grades | Distance |
|---|---|---|
Salem Hills Elementary School 5899 Babcock Trail, Inver Grove Heights, MN 55077 | PK-5 | 1.7 mi |
Inver Grove Heights Middle School 8167 Cahill Avenue East, Inver Grove Heights, MN 55076 | 6-8 | 1.1 mi |
Simley Senior High School 2920 80th Street East, Inver Grove Heights, MN 55076 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7531 Banning Way
Date
Details
Price
Change
Source
6/30/2026
Sold
$415,000
-2.35%
MLS
5/06/2026
Price Reduced
$425,000
-5.56%
MLS
5/02/2026
Listed
$450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7531 Banning Way, Inver Grove Heights, MN 55077 (MLS# 6804841) is a Single Family property that was sold at $415,000 on June 30, 2026. Want to learn more about 7531 Banning Way? Do you have questions about finding other Single Family real estate for sale in Inver Grove Heights? You can browse all Inver Grove Heights real estate or contact a Coldwell Banker agent to request more information.
