Date
Details
Price
Change
Source
6/23/2026
Listed
$144,000
—
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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1/21
$144,000 Contingent
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1/21
Property Description
Open floor plan offering 2 bedrooms, full bath and laundry on upper/main level - also accessible via chair stair lift. Seller will remove prior to closing if not requested in offer. Main level bedroom (#3), office and bonus or family room plus 3/4 bath. Emjoy the deck off of dining area or the paver patio out back (which features electrical for hot tub!) Shed is spacious 12' x 15' with overhead roller door. Propane tank is owned. You will love all of the gorgeous perennials, establish rhubarb, raspberries grapes and red currants! Check out the peace and quite of small town living. Neighborhood bar and grill, gas station/mini mart and post office make life easy!
Full Property Details
Full Property Details for 501 Prospect St
General
- Price: $144,000
- Taxes: $2,154 (2026)
- Status: Contingent
- Type: Single Family
- Source: NorthStarMLS_RMLS
- MLS ID: 7089346
- Updated: 6/30/2026
- Added to Site: 37 day(s) ago
Interior
- Appliances: Disposal, Dryer, Fuel Tank - Owned, Range, Refrigerator, Washer, Water Softener Owned
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- 3/4 Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Eat-in kitchen: Yes
- Dining Room: Eat-In Kitchen, Kitchen/Dining Room
- Formal Dining Room: Eat In Kitchen, Kitchen/Dining Room
- Laundry: Laundry Closet, Laundry Closet
Additional Information
- Amenities: Cable, Ceiling Fan(s), Deck, Kitchen Window, Natural Woodwork, Patio, Tile Floors, Washer/Dryer Hookup
Exterior
- Porch/Patio/Deck: Deck, Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Description: 11.5 x 1 and11.5 x 29
- Garage Spaces: 2
- Parking Features: Attached Garage, Concrete, Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage, Tuckunder Garage
Location
- County: Redwood
- Township: Milroy
- Driving Directions: Approaching Milroy Minnesota on Hwy 68, turn west on Superior Str and then north onto Prospect Street. Property will be on your left.
School Information
- School District: 2904 - Tracy Area
- High School District: Tracy Area
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air, Other
- Heating Fuel: Electric, Propane
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
Structural Information
- Exterior Const.: Frame
- Basement: Yes
- Foundation Size: 840
- Roof: Age 8 Years or Less, Asphalt
- Disability Access: Stair Chair Lift
- Square Feet: 1,265
- Above Ground: 1,265 Sq. Ft.
- Finished Down/Base.: 1,265 Sq. Ft.
- Year Built: 2000
Additional Structures
- Other Structures: Storage Shed
Lot Features
- Lot Size (Acres): 0.16
- Lot Dimensions: 65 x 140
- Frontage: Paved Streets
- Zoning: Residential-Single Family
- Lot Description: Light Tree Coverage
- Fencing (Description): Full, Wire
Financial Considerations
- Tax Amount: $2,154
- Tax Year: 2026
- Terms: Conventional, VA, FHA, Cash, Rural Development
Disclosures and Reports
- Legal Description: Lot 5 & N 15 ft of Lot 6
- Property ID: 852000500
Listed by Keller Williams Preferred Realty
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— 501 Prospect St —
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NMLS#: 1598647
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Schools
Schools serving 501 Prospect St
School District:Milroy Public School District
| Name | Grades | Distance |
|---|---|---|
Milroy Elementary School 103 Prospect Street, Milroy, MN 56263 | PK-6 | 0.2 mi |
Marshall High School 400 Tiger Drive, Marshall, MN 56258 | 9-12 | 10 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 501 Prospect St
Tax History
Tax History for 501 Prospect St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,128
-6%
$116,600
6%
2023
$2,256
25%
$110,200
2%
2023
$1,804
6%
$107,800
26%
2022
$1,700
1%
$85,800
-1%
2021
$1,684
-12%
$86,500
—
2020
$1,908
—
$86,500
—
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 501 Prospect St
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Sold by RE/MAX Advantage Plus
Sold by RE/MAX Advantage Plus
501 Prospect Street, Milroy, MN 56263 (MLS# 7089346) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 501 Prospect Street is currently listed for $144,000 and was received on June 08, 2026. Want to learn more about 501 Prospect Street? Do you have questions about finding other Single Family real estate for sale in Milroy? You can browse all Milroy real estate or contact a Coldwell Banker agent to request more information.