Date
Details
Price
Change
Source
12/05/2025
Listed
$700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$700,000
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Property Description
Steele County private home acreage with tons of storage space! Located just 5 miles outside Owatonna, this 9 +/- acre property boasts a split-level home w/attached garage that has 3 bedrooms, 2 bathrooms, and a lower-level living room with built-in cabinetry next to an impressive stone fireplace. The 5 outbuildings total over 15,000 square feet of space and include a heated shop area, large sliding doors, and abundant shelving; two of these buildings have concrete flooring. There is lots of potential with the outbuildings as it could be used for storage to generate rental income and could also be transformed into a space for a riding arena. There is also a nice 1.5 +/- acre field of tillable land part of this acreage currently being farmed with the adjacent land in a corn/soybean rotation. Located in close proximity to I35 and Highway 14 it's an easy drive to the Twin Cities, Rochester, and Mankato. Come explore all the potential this home acreage has! There is a right of first refusal on the property.
Full Property Details
Full Property Details for 5114 NE 46th St
General
- Price: $700,000
- Taxes: $4,352 (2025)
- Status: Active
- Type: Single Family
- Source: NorthStarMLS_RMLS
- MLS ID: 6824537
- Updated: 12/6/2025
- Added to Site: 42 day(s) ago
Interior
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Dishwasher, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- 3/4 Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Dining Room: Living/Dining Room
- Formal Dining Room: Living/Dining Room
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Description: 17 x 23
- Garage Spaces: 1
- Parking Features: Attached Garage, Gravel, Garage Door Opener, Storage
Location
- County: Steele
- Driving Directions: From I35, the County Road 34 East exit. Go East on County Road 34 / County Road 8 for 6 miles to NE 46th St. Go East on NE 46th St. for ½ mile, property is located on the North side of NE 46th St.
School Information
- School District: 761 - Owatonna
- High School District: Owatonna
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
- Heating Fuel: Propane
Utilities
- Sewer: Private Sewer, Tank with Drainage Field
- Water: Well
Structural Information
- Exterior Const.: Fiber Board
- Basement: Yes
- Basement Desc.: Concrete
- Foundation Size: 1792
- Roof: Shake
- Disability Access: None
- Square Feet: 2,134
- Above Ground: 2,134 Sq. Ft.
- Below Ground: 1,032 Sq. Ft.
- Finished Down/Base.: 3,166 Sq. Ft.
- Year Built: 1975
Additional Structures
- Other Structures: Pole Building
Lot Features
- Lot Size (Acres): 9.86
- Lot Dimensions: Irregular
- Frontage: Township, Unpaved Streets
- Land Use: Crop
- Zoning: Residential-Single Family
- Lot Description: Tillable, Many Trees
Financial Considerations
- Tax Amount: $4,352
- Tax Year: 2025
- Terms: Conventional, Cash
Disclosures and Reports
- Legal Description: ALL TH PT OF SW1/4 OF SE1/4 DESCRIBED AS: COM SW COR OF SE1/4 TH E132.69' TO POB TH N346.51' N131.59' N102.35' NELY 122.09'
- Property ID: 100202301
Listed by Weiss Realty LLC
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— 5114 NE 46th St —
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Schools
Schools serving 5114 NE 46th St
School District:Owatonna Public School District
| Name | Grades | Distance |
|---|---|---|
McKinley Elementary School, Owatonna, MN 1050 22nd Street Northeast, Owatonna, MN 55060 | K-5 | 4.1 mi |
Owatonna Junior High School 500 15th Street Northeast, Owatonna, MN 55060 | 6-8 | 4.8 mi |
Owatonna Senior High School 333 East School Street, Owatonna, MN 55060 | 9-12 | 5.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5114 NE 46th St
Tax History
Tax History for 5114 NE 46th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,352
5%
$492,000
10%
2023
$4,130
1%
$446,900
16%
2022
$4,086
—
$386,200
15%
2021
$4,076
-1%
$336,140
5%
2020
$4,106
19%
$321,244
4%
2019
$3,462
4%
$309,288
8%
2018
$3,316
5%
$285,768
5%
2017
$3,160
—
$271,950
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5114 NE 46th St
5114 NE 46th Street, Merton Twp, MN 55060 (MLS# 6824537) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 5114 NE 46th Street is currently listed for $700,000 and was received on December 05, 2025. Want to learn more about 5114 NE 46th Street? Do you have questions about finding other Single Family real estate for sale in Merton Twp? You can browse all Merton Twp real estate or contact a Coldwell Banker agent to request more information.