Date
Details
Price
Change
Source
10/31/2025
Listed
$424,900
—
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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$424,900
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Property Description
Riverfront Privacy with Modern Convenience - 1.20 Acres Discover the perfect mix of seclusion and city access with this tri-level home on a rare 1.20-acre lot along the scenic Cannon River. Located on the outskirts of town, enjoy privacy while still on city water and sewer, plus fiber-optic high-speed internet-ideal for remote work or streaming. This property features 258 feet of river frontage, including a dredged section for easier water access, and backs up to breathtaking natural scenery. Across the street, 180 acres of protected State Wildlife Management Area offer hunting, hiking, and endless outdoor adventures. Inside, the home includes 5 bedrooms and 3 bathrooms spread across multiple levels. The upper level offers three spacious bedrooms, including a primary suite with an en-suite bath. The lower level includes two additional bedrooms, a 3/4 bath, and laundry-perfect for guests, multi-generational living, or a home office. The kitchen is warm and functional with custom cabinetry and updated flooring, and multiple living areas provide flexibility for any lifestyle. Garage & Workshop: An attached insulated garage with floor drain and opener plus a 40' x 24' heated, insulated detached garage/workshop gives room for hobbies and storage. Outdoors, enjoy mature trees, open green space, and convenient outlets for seasonal lighting. This riverfront property offers a rare combination of privacy, nature, and modern conveniences-a true retreat with room to grow. Schedule your private showing today!
Full Property Details
Full Property Details for 425 W Franklin St
General
- Price: $424,900
- Taxes: $4,580 (2025)
- Status: Active
- Type: Single Family
- Source: NorthStarMLS_RMLS
- MLS ID: 6811885
- Updated: 11/1/2025
- Added to Site: 78 day(s) ago
Interior
- Appliances: Dishwasher, Dryer, Water Filtration System, Range, Refrigerator, Washer, Water Softener Owned
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- 3/4 Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 4
- Parking Features: Attached Garage, Detached, Floor Drain, Heated Garage
Location
- County: Rice
- Subdivision: Auditors 01
- Driving Directions: From I-35, head West on MN-60, then turn Left onto Franklin Street, house is on the Left.
School Information
- School District: 2143 - Waterville-Elysian-Morristown
- High School District: Waterville-Elysian-Morristown
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.: Vinyl Siding
- Basement: Yes
- Finished basement: Yes
- Basement Desc.: Drain Tiles, Finished, Full, Storage Space, Sump Pump
- Foundation Size: 1500
- Disability Access: None
- Square Feet: 2,480
- Above Ground: 1,500 Sq. Ft.
- Below Ground: 1,500 Sq. Ft.
- Finished Down/Base.: 3,000 Sq. Ft.
- Year Built: 1989
Additional Structures
- Other Structures: Storage Shed
Lot Features
- Lot Size (Acres): 1.2
- Lot Dimensions: Irregular
- Zoning: Residential-Single Family
Water Features
- Water Front: Yes
- Water Front Name: Cannon River
- Water Front Desc.: Riverfront
- Water Front Slope: Gradual
- Water Front Num: S9990753
- Lake Front: Yes
Financial Considerations
- Tax Amount: $4,580
- Tax Year: 2025
- Terms: Conventional, Cash, MHFA/WHEDA
Disclosures and Reports
- Legal Description: LOT 9 BLOCK 1 OF AUD PLAT #1 22-109-22
- Property ID: 2022451010
Listed by Minnesota First Realty
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 425 W Franklin St —
Minnesota First Realty
NMLS#: 1598647
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Schools
Schools serving 425 W Franklin St
School District:Waterville-Elysian-Morristown Public School District
| Name | Grades | Distance |
|---|---|---|
Morristown Elementary School 23 Ann Street East, Morristown, MN 55052 | 5-6 | 0.6 mi |
Waterville Elementary School 500 Paquin Street East, Waterville, MN 56096 | PK-4 | 5.4 mi |
Waterville-Elysian-Morristown Jr. 23 Ann Street East, Morristown, MN 55052 | 7-8 | 0.6 mi |
Waterville-Elysian-Morristown Sr. 500 Paquin Street East, Waterville, MN 56096 | 9-12 | 5.4 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 425 W Franklin St
Tax History
Tax History for 425 W Franklin St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,580
7%
$327,500
10%
2024
$4,300
18%
$296,400
23%
2021
$3,646
—
$240,400
-19%
2023
$3,646
—
$296,400
10%
2021
$3,646
2%
$269,000
27%
2020
$3,586
6%
$211,800
11%
2019
$3,396
18%
$191,300
15%
2018
$2,884
6%
$167,000
6%
2017
$2,730
2%
$158,100
6%
2016
$2,686
20%
$148,900
2%
2015
$2,240
4%
$146,100
14%
2014
$2,148
2%
$128,000
3%
2013
$2,114
—
$123,900
—
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 425 W Franklin St
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425 W Franklin Street, Morristown, MN 55052 (MLS# 6811885) is a Single Family property with 5 bedrooms, 2 full bathrooms and 1 partial bathroom. 425 W Franklin Street is currently listed for $424,900 and was received on October 31, 2025. Want to learn more about 425 W Franklin Street? Do you have questions about finding other Single Family real estate for sale in Morristown? You can browse all Morristown real estate or contact a Coldwell Banker agent to request more information.