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7540 Banning Way

Inver Grove Heights, MN 55077

4 bd 2 ba 2,844 sqft Built 1986 Lot 12,371 sqft single_family
No recorded sales

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 13, 2024 Sold $489,900 NorthstarMLS
Feb 21, 2024 Listed $489,900 NorthstarMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $315,651 $78,377 $394,028 $4,466
2023 $359,300 $78,300 $437,600 $4,486
2022 $299,757 $67,393 $367,150 $4,100
2021 $274,745 $63,629 $338,374 $3,850
2020 $262,490 $60,297 $322,787 $3,688
2019 $271,853 $57,583 $329,436 $4,046
2018 $246,881 $54,324 $301,205 $3,733
2017 $217,282 $51,114 $268,396 $3,458
2016 $206,287 $49,574 $255,861 $3,286
2015 $186,842 $47,110 $233,952 $3,211
2014 $174,468 $43,570 $218,038 $2,968
2013 $172,752 $42,561 $215,313 $2,909
2012 $199,250 $45,602 $244,852 $3,188
2011 $212,900 $50,700 $263,600 $3,031
2009 $249,200 $62,600 $311,800 $3,125
2008 $250,800 $62,600 $313,400 $3,116
2007 $249,500 $62,600 $312,100 $2,993

Property facts

Year built
1986
Property type
single_family
Stories
3
Beds
4
Baths
2
Living area
2,844 sqft
Lot size
12,371 sqft
ZIP code
55077
City
Inver Grove Heights
Street
Banning Way
Coordinates
44.83980, -93.06153

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Frequently asked questions

When did 7540 Banning Way last sell?
No public-record sale is on file for 7540 Banning Way.
What is the current tax assessment for 7540 Banning Way?
The most recent total assessment for 7540 Banning Way (year 2025) is $394,028 with $4,466 in property tax.
When was 7540 Banning Way built?
7540 Banning Way was built in 1986.
How does 7540 Banning Way compare to others on Banning Way?
We track 8 other properties on Banning Way. Browse the list under "Other properties on Banning Way" to compare beds, baths, and sale history.
What are the property facts for 7540 Banning Way?
7540 Banning Way is a 4 bed, 2 bath, 2,844 sqft, 12,371 sqft lot single_family.
Is 7540 Banning Way a flip candidate?
No — 7540 Banning Way does not appear in our flips dataset.
Is 7540 Banning Way a tax-appeal candidate?
No — 7540 Banning Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.5%
Implied 1-yr
+1.8%
2026 Q3
$559.9K
2026 Q4
$562.3K
ZIP 55077 — Median Price History + Forecast

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