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506 Franklin St

New Ulm, MN 56073

2 bd 2 ba 2,268 sqft Built 1968 Lot 8,250 sqft single_family
Most recent sale
$125,900
Sep 28, 2007

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 21, 2024 Sold $165,000 Mankato
May 17, 2024 Listed $189,900 Mankato
Sep 28, 2007 Sold $125,900 Mankato
Apr 23, 2007 Listed $129,900 Mankato

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $80,393 $27,907 $108,300 $1,887
2021 $76,490 $27,610 $104,100 $1,800
2020 $69,719 $25,381 $95,100 $1,666
2019 $68,516 $25,284 $93,800 $1,617
2018 $57,530 $24,270 $81,800 $1,870
2017 $53,562 $23,838 $77,400 $1,796
2016 $56,812 $24,188 $81,000 $1,856
2015 $55,450 $24,050 $79,500 $1,818
2014 $56,509 $21,791 $78,300 $1,310
2013 $57,231 $21,869 $79,100 $1,402
2012 $77,200 $29,500 $106,700 $1,326

Property facts

Year built
1968
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
2,268 sqft
Lot size
8,250 sqft
ZIP code
56073
City
New Ulm
Street
Franklin St
Coordinates
44.30519, -94.46000

Comparable properties nearby

Block-level micro-comps

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

Frequently asked questions

When did 506 Franklin St last sell?
506 Franklin St most recently sold on Sep 28, 2007 for $125,900.
What is the current tax assessment for 506 Franklin St?
The most recent total assessment for 506 Franklin St (year 2022) is $108,300 with $1,887 in property tax.
How does 506 Franklin St's assessment compare to its last sale price?
The current assessment is 14.0% below the last sale price of $125,900.
When was 506 Franklin St built?
506 Franklin St was built in 1968.
How does 506 Franklin St compare to others on Franklin St?
We track 8 other properties on Franklin St. Browse the list under "Other properties on Franklin St" to compare beds, baths, and sale history.
What are the property facts for 506 Franklin St?
506 Franklin St is a 2 bed, 2 bath, 2,268 sqft, 8,250 sqft lot single_family.
Is 506 Franklin St a flip candidate?
No — 506 Franklin St does not appear in our flips dataset.
Is 506 Franklin St a tax-appeal candidate?
No — 506 Franklin St 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
+2.0%
Implied 1-yr
+8.1%
2026 Q3
$254.1K
2026 Q4
$258.6K
ZIP 56073 — Median Price History + Forecast

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