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$250,000 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 1,104 Sq. Ft.
  • 1 Car Garage
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Welcome to your new home in Lake City, MN! The perfect opportunity for a first-time buyer ready to own a place to truly call home. This inviting 3-bedroom 1-story ranch with full basement offers the convenience of all three bedrooms on one level along with a functional, easy-flow layout. The main floor features beautiful hickory wood floors, ceramic, white painted trim and freshly paint for a warm, move-in-ready feel. Enjoy the comfort of an attached 1-car garage, plus a newer backyard shed that provides excellent additional storage for tools, toys, and seasonal items. The unfinished basement with two egress windows offers outstanding potential for future living space and equity growth - whether you envision a family room, extra bedrooms, or a home office. Located in a great neighborhood near Bluff View Elementary School and set on a spacious lot with room to relax or entertain, this home delivers affordability, flexibility, and room to grow. Be sure to check it out today!

Full Property Details for 1016 W Elm St

General

  • Price: $250,000
  • Taxes: $2,540 (2026)
  • Status: Pending
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7030143
  • Updated: 3/9/2026
  • Added to Site: 31 day(s) ago

Interior

  • Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer, Water Softener Rented

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • 1/4 Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: In Basement, In Basement

Additional Information

  • Amenities: Ceiling Fan(s), Hardwood Floors, Kitchen Window, Patio, Tile Floors

Exterior

  • Porch/Patio/Deck: Porch

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Parking Features: Attached Garage, Concrete

Location

  • County: Wabasha
  • Township: Lake City
  • Subdivision: Tibesars 1st Add
  • Driving Directions: From Hwy 63, South on South 10th St, right on W Elm St, property on the right

School Information

  • School District: 2281 - Lake City
  • High School District: Lake City

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Exterior Const.: Frame
  • Basement: Yes
  • Basement Desc.: Block, Full, Unfinished
  • Foundation Size: 1104
  • Roof: Age 8 Years or Less, Asphalt
  • Disability Access: None
  • Square Feet: 1,104
  • Above Ground: 1,104 Sq. Ft.
  • Below Ground: 1,104 Sq. Ft.
  • Finished Down/Base.: 2,208 Sq. Ft.
  • Year Built: 1972

Lot Features

  • Lot Size (Acres): 0.258
  • Lot Dimensions: 75 x 150
  • Frontage: City Street
  • Zoning: Residential-Single Family
  • Fencing (Description): Chain Link, Partial

Financial Considerations

  • Tax Amount: $2,540
  • Tax Year: 2026

Disclosures and Reports

  • Legal Description: SECT-08 TWP-111 RANGE-012 TIBESAR'S 1ST ADDITION LOT-002 BLOCK-001
  • Property ID: R220139900

Listed by Re/Max Results

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— 1016 W Elm St —

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NMLS#: 1598647

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Schools serving 1016 W Elm St

School District:Lake City Public School District
NameGradesDistance
Bluff View Elementary School
1156 West Lakewood Avenue, Lake City, MN 55041
PK-60.2 mi
Lincoln Secondary, Lake City, MN
300 South Garden Street, Lake City, MN 55041
7-120.5 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 1016 W Elm St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/08/2026
Listed
$250,000
12.61%
MLS
10/30/2023
Sold
$222,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1016 W Elm St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,430
3%
$218,500
5%
2023
$2,366
—
$207,600
9%
2023
$2,366
33%
$191,200
25%
2021
$1,782
-34%
$152,400
-23%
2023
$2,688
51%
$197,300
45%
2021
$1,782
-10%
$136,000
8%
2020
$1,974
2%
$126,200
5%
2019
$1,942
4%
$120,600
—
2017
$1,866
-1%
$121,200
100%
2015
$1,894
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1016 W Elm Street, Lake City, MN 55041 (MLS# 7030143) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 1016 W Elm Street is currently listed for $250,000 and was received on March 04, 2026. Want to learn more about 1016 W Elm Street? Do you have questions about finding other Single Family real estate for sale in Lake City? You can browse all Lake City real estate or contact a Coldwell Banker agent to request more information.

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