502 4th Avenue SW, Norwood Young America, MN 55397 - Photo 1

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$299,000 Just Listed

For Sale
Active
Single Family
3 Beds
1 Full Bath
1 Partial Bath
1,988 Sq. Ft.
2 Car Garage
Updated 1 day ago

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Saturday 10/17 2:00 PM - 4:00 PM

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502 4th Avenue SW,Norwood Young America, MN 55397
502 4th Avenue SWNorwood Young AmericaMN55397

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Property Description

Sitting on an expansive, 0.27-acre lot, this home stands out the moment you pull up. If you've been searching for a truly usable yard space, this is the ultimate blank canvas-perfect for summer BBQs, yard games, gardens, or letting dogs and kids run wild with plenty of room to spare. On top of the fantastic outdoor setup, you're tucked right into a centrally located neighborhood. Morning school runs are a breeze with Central Public Schools (ISD #108) just a quick walk down the road, and you're only minutes from local spots like Willkommen Memorial Park and the trails over at Baylor Regional Park on Eagle Lake. Plus, with easy access to US-212 and Highway 5, getting out to Waconia or into the Twin Cities is simple. Inside, you'll find nearly 2,000 square feet of well-designed space ready for everyday living. The main level is bright and welcoming, featuring 2 different living areas, 3 comfortable bedrooms with great natural light, and an updated hall bathroom. Head downstairs to find a flexible lower level that's ready for whatever you need - a movie room, home gym, workshop, or extra storage. You'll also find a functioning BONUS bathroom, which is super handy to have right now and gives you a head start on building some easy home equity if you choose to finish it out down the road. Complete with an attached two-car garage to keep your car snow-free all winter, this home pairs an unbeatable flat lot and prime local setting with tons of solid potential. Don't miss out!

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Full Property Details

Full Property Details for 502 4th Ave SW

General

Price: $299,000
Taxes: $3,473 (2026)
Status: Active
Type: Single Family
Source: NorthStarMLS_RMLS
MLS ID: 7150223
Updated: 10/15/2026
Added to Site: 3 day(s) ago

Interior

Fireplace: Yes
Number of Fireplaces: 1
Fireplace(s): Gas, Living Room
Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 1
3/4 Bathrooms: 1

Bedrooms

Total Bedrooms: 3

Other Rooms

Dining Room: Separate Formal Dining Room
Formal Dining Room: Separate/Formal Dining Room
Laundry: In Basement, Gas Dryer Hookup, Washer Hookup, In Basement, Gas Dryer Hookup, Washer Hookup

Additional Information

Amenities: Ceiling Fan(s), Kitchen Window, Natural Woodwork, Patio, Washer/Dryer Hookup

Exterior

Porch/Patio/Deck: Patio

Parking

Garage: Yes
Attached garage: Yes
Garage Description: 23 x 21
Garage Spaces: 2
Parking Features: Attached Garage, Asphalt, Garage Door Opener, Insulated Garage

Location

County: Carver
Township: Norwood Young America
Subdivision: Trilane Second Add
Driving Directions: Hwy 5 W to Norwood, turn left onto 4th Ave SW. Property is on the left

School Information

School District: 108 - Central
High School District: Central

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.: Block
Basement: Yes
Basement Desc.: Drain Tiles, Full, Sump Pump
Foundation Size: 1032
Roof: Age 8 Years or Less, Asphalt
Disability Access: None
Square Feet: 1,988
Above Ground: 1,288 Sq. Ft.
Below Ground: 1,032 Sq. Ft.
Finished Down/Base.: 2,320 Sq. Ft.
Year Built: 1974

Additional Structures

Other Structures: Storage Shed

Lot Features

Lot Size (Acres): 0.259
Lot Dimensions: irregular
Frontage: City Street, Curbs, Paved Streets
Zoning: Residential-Single Family
Lot Description: Corner Lot, Irregular Lot, Medium Tree Coverage

Financial Considerations

Tax Amount: $3,473.92
Tax Year: 2026
Terms: Conventional, VA, FHA, FHA 203(k), Cash, Other

Disclosures and Reports

Legal Description: OLD # 95.5020560 SUBDIVISIONNAME TRILANE SECOND ADDITION LOT 012 BLOCK 005 SUBDIVISIONCD 58766 SECTION 11 TOWNSHIP 115 RANGE 026
Property ID: 587660560

Listed by Fox Realty

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Schools

Schools serving 502 4th Ave SW

School District:Central Public School District

Name	Grades	Distance
Central Elementary School, Norwood Young America, MN 655 Southwest 7th Street, Norwood Young America, MN 55368	K-5	0.3 mi
Central Middle School, Norwood Young America, MN 531 Morse Street North, Norwood Young America, MN 55368	6-8	0.2 mi
Central Senior High School, Norwood Young America, MN 531 Morse Street North, Norwood Young America, MN 55368	9-12	0.2 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 502 4th Ave SW Get Price Alerts and Save Property

Date

Details

Price

Change

Source

10/14/2026

Listed

$299,000

10.74%

MLS

7/20/2022

Sold

$270,000

—

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

Tax History for 502 4th Ave SW

Year

Property Taxes

Change

Tax Assessment

Change

2026

$4,418

—

$283,800

2026

$4,418

38%

$260,000

13%

2024

$3,206

$229,700

-1%

2023

$3,106

—

$231,700

-2%

2023

$3,106

27%

$236,300

27%

2021

$2,444

—

$186,200

2021

$2,444

$180,000

13%

2020

$2,374

13%

$159,000

2019

$2,092

-1%

$149,700

14%

2018

$2,118

14%

$131,300

17%

2017

$1,856

$112,200

-2%

2016

$1,822

$115,000

2015

$1,748

$111,000

15%

2014

$1,640

-3%

$96,500

-4%

2013

$1,698

—

$100,400

—

View All

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 502 4th Ave SW

502 4th Avenue SW, Norwood Young America, MN 55397 (MLS# 7150223) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 502 4th Avenue SW is currently listed for $299,000 and was received on October 14, 2026. Want to learn more about 502 4th Avenue SW? Do you have questions about finding other Single Family real estate for sale in Norwood Young America? You can browse all Norwood Young America real estate or contact a Coldwell Banker agent to request more information.

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502 4th Ave SW Norwood Young America, MN 55397

Full Property Details for 502 4th Ave SW

General

Interior

Rooms

Bathrooms

Bedrooms

Other Rooms

Additional Information

Exterior

Parking

Location

School Information

Heating & Cooling

Utilities

Structural Information

Additional Structures

Lot Features

Financial Considerations

Disclosures and Reports

Quickly Find Out More

Quickly Find Out More

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Schools serving 502 4th Ave SW

Price & Sales History for 502 4th Ave SW Get Price Alerts and Save Property

Tax History for 502 4th Ave SW

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