#6744089, Listing office: True Real Estate
$167,000 List price
602 Park Ln Mankato, MN 56001
4 beds
1 bath
1,107 sqft
$151 / sqft
House
Property details
About 602 Park Ln
THIS IS AN INVESTMENT PROPERTY! Nicely updated and renovated home near Sibley Park in Mankato. This home is situated on a corner lot. It's got a convenient enclosed front entry and main floor laundry. Exterior updates are new windows, siding, roof and a concrete driveway. Interior offers a remodeled kitchen and bathroom. The eat-in kitchen has oak cabinets, newer appliances and a dishwasher. The bathroom renovation includes a large walk-in tiled shower and pedestal sink. This home is leased through the end of July '26. Rent is $1400/month. Tenants pay all utilities.
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingWindow Unit(s)
Size1,107 sqft
BasementYes
Year built1896
ParkingConcrete
MLS #6739968
Summary
- Basement: Yes
- Total Bedroom Count: 4
- Parking: Concrete
- Heating: Forced Air
- Cooling: Window Unit(s)
- List Price: $167,000
- Price/SqFt: $150
- HOA Amount: $0
- Annual Tax Amount: $1,428
- Tax Year: 2024
- Directions: S. Riverfront to Park Lane. On the corner of Park Lane and Carney.
- Year Built: 1896
- Living Area: 1,107 SqFt
- MLS Number: 6739968
- MLS Name: NORTHSTAR
- Office Name: RE/MAX Results
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 28, 2011 | Home Sold | $96,000 |
| Jan 11, 2011 | Home Sold | $15,000 |
| May 24, 2007 | Home Sold | $43,700 |
| May 24, 2007 | Home Sold | $45,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $132,200 | $1,428 |
| 2023 | $127,000 | $1,454 |
| 2022 | $122,800 | $2,640 |
| 2021 | $110,000 | $2,574 |
| 2020 | $98,200 | $2,498 |
| 2019 | $98,200 | $2,390 |
| 2017 | $86,400 | $2,346 |
History based on county public records data.
Nearby schools
7
Roosevelt Elementary School
Public District KG-5
0.3 mi
•300 W 6th St
6
Hoover Elementary School
Public District KG-5
1.0 mi
•1524 Hoover Dr
6
Jefferson Elementary School
Public District KG-5
1.1 mi
•100 James Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $45,467. Most Mankato, MN residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
33%
<35k
56%
35k-100k
11%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
59%
Single, No Kids
9%
Single, with Kids
20%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
5%
12-17 yrs old
32%
18-34 yrs old
28%
35-64 yrs old
24%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
College Basketball
Pro Boxing
Where do the neighbors shop?
Books-a-Million
Dillards
Family Dollar
Where do the neighbors go to eat?
Church's Chicken
Logan's Roadhouse
White Castle
What do the neighbors drive?
Toyota
Hyundai
Chevrolet
What do the neighbors listen to?
Adult Hits
Rock- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 602 Park Ln
The listing price of 602 Park Ln property is $167,000.
The property 602 Park Ln is a house located in Mankato, Minnesota, 56001.
Active Listing: 602 Park Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 602 Park Ln are: Roosevelt Elementary School (GreatSchools Rating 7/10), Hoover Elementary School (GreatSchools Rating 6/10), Jefferson Elementary School (GreatSchools Rating 6/10), Dakota Meadows Middle School (GreatSchools Rating 5/10), Prairie Winds Middle School (GreatSchools Rating 4/10), St. Peter Middle School (GreatSchools Rating 4/10), West High School (GreatSchools Rating 6/10), Central High Area Learning Center (GreatSchools Rating 1/10), Kato Public Charter School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $1,428 (source: MLS/based on county public records data).
The last sale was on February 28, 2011 for $96,000 (source: MLS/tax record).
The property at 602 Park Ln has 4 bedrooms and 1 bathroom.
The property 602 Park Ln is 1,107 SqFt (source: MLS/tax record).
The year of construction for 602 Park Ln is 1896.
This home is located at 602 Park Ln in Mankato, MN and zip code 56001. This 1,107 square foot home was built in 1896. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 16, 2025 and is currently priced at $167,000.
In June 2025, from all listings sold in Mankato, MN there were more than 9 sold above asking price, over 8 sold below and more than 7 were sold right at the asked price. Between May and June 2025, Mankato, MN real estate market has seen increase in the number of listings by 16.3%. Listings spent 28 days on the market in June 2025, and had a median list price of $292,075 during the same period.
From Rocket Homes Real Estate and based on county public records data.