3/2 c.1870 Minnesota Gothic Revival $99K

OHU50K Notes $99,000

c.1870 Minnesota Gothic Revival. Wow, wow, wow! The architecture is so charming and timeless. Freshen up this home and it will be the most adorable homey home. There is a separate living area and the lot is a half acre.

Yard featured at 401 Park St, Freeborn, MN, 56032

Realtor Comments

Full of 1870s character and situated in the heart of Freeborn. The main floor features a bedroom, spacious kitchen, separate dining room, living room and laundry, providing convenient all-on-one-level living. Large windows bring in abundant natural light, with stained-glass details adding to the home’s character. The upper level offers additional bedrooms, a full bath with clawfoot tub, second kitchen, private entrance and deck-previously used as separate living quarters. An attached garage and large, flat lot provide plenty of space for gardening and outdoor enjoyment. Located next to a park and less than half a mile from the lake!

3 beds
2 bath
2,238 sqft
0.49 acres lot
Build date 1870

Yard featured at 401 Park St, Freeborn, MN, 56032

If interested in a property, pleases contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.

401 Park St, Freeborn, MN 56032 $99,000

Contact Realtor: Justin Frasz
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Yard featured at 401 Park St, Freeborn, MN, 56032

More featured at 401 Park St, Freeborn, MN, 56032

Pros

Affordable Housing: Median home values sit around $88,800 to $158,100, which is significantly lower than both the Minnesota and national averages.

High Homeownership Rate: Around 82% of residents own their homes, contributing to a stable, invested neighborhood feel.

Quiet, Rural Atmosphere: The town features a peaceful country environment with rolling hills, local parks, and outdoor recreation like fishing and camping nearby.

Strong Community Vibe: Small-town charm is prominent, backed by local community events and friendly neighbors.

Decent Public Schools: Local public schools—such as United South Central Elementary—receive solid above-average ratings (Grade B).

Cons

Limited Local Jobs and Economy: Job options within the immediate town are sparse (C+ Niche grade for jobs), and median household incomes hover around $50,000.

Commuting Required: Because local employment is limited, most residents must drive alone to work, with average commute times ranging from 20 to 27 minutes.

Lack of Public Transit: Public transportation options are virtually nonexistent, meaning a reliable personal vehicle is a necessity.

Fewer Amenities and Nightlife: Aside from a few local bars and basic conveniences, entertainment, large shopping centers, and specialized healthcare require traveling to nearby larger hubs like Albert Lea or Rochester.