616 Elm Avenue Se

Montgomery, MN
$ 399,900 Beds 3 Baths 2 Sq 3,085
Monthly Estimate* How much can I afford?

Tucked away on nearly 1.7 scenic acres spanning three parcels, this beautifully maintained one-story home offers the perfect balance of peaceful country living and small-town convenience. With over 3,000 finished square feet, this property delivers the space, comfort, and flexibility today's buyers are looking for—all just a short walk from Memorial Park and downtown Montgomery. Step inside to an inviting open-concept design filled with natural light, featuring rich hardwood floors, Andersen windows, two cozy fireplaces, and three bedrooms conveniently located on the main level. Whether you're hosting family gatherings or enjoying a quiet evening at home, every space has been thoughtfully designed for comfortable everyday living. The fully finished walkout lower level offers exceptional versatility with a spacious family room, gas fireplace, second kitchen, generous storage, and a non-conforming fourth bedroom—perfect for guests, multi-generational living, a home office, hobby space, or entertaining. Outside, you'll find endless opportunities to relax and enjoy the outdoors. Sip your morning coffee on the upper deck, unwind in the three-season porch, host summer barbecues on the walkout patio, or simply take in the peaceful views and privacy that make this property so special. The heated two-car garage provides plenty of room for vehicles, storage, projects, or workshop space, while the backyard storage shed keeps lawn equipment and seasonal items neatly tucked away. Recent improvements, including a newer roof, furnace, water softener, and water heater, add lasting value and peace of mind. Rarely do properties combine this much living space, acreage, flexibility, and location. Whether you're searching for room to grow, space to entertain, or simply a place to enjoy a quieter pace of life, this home is ready to welcome you.

Single Family

  • Price
  • $ 399,900
  • City
  • Montgomery
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • LE SUEUR
  • Half Bathrooms
  • 0
  • Area
  • Elmwood Sub
  • Lot Size
  • 1.69 Acres
  • Zip
  • 56069
  • Sqr Footage
  • 3,085
  • Year Built
  • 1965
  • Taxes
  • $ 6144
  • Style
  • Single Family
  • MLS#
  • 7122263
Listed By: Real Broker, LLC
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 3085
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Age 8 Years or Less
Appliances Cooktop,Dishwasher,Disposal,Dryer,Exhaust Fan,Freezer,Gas Water Heater,Microwave,Range,Refrigerator,Washer,Water Softener Owned
Garage Spaces 2
Year Built 1965
Levels One
Property Subtype Single Family
Tax Year 2026
Accessibility None
Additional Parcels Description 220103710,220103600
County Le Sueur
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Elmwood Sub
Other Structures Storage Shed
Full Baths 1
Directions From Hwy 21/13,east on Elm Street to home. From 5th street,east on Elm Street to home.
City Montgomery
High School District Tri-City United
Zoning Description Lot,Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 6144
Additional Parcels Y/N Yes
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Patio,Paneled Doors,Porch,Washer/Dryer Hookup
PostalCity Montgomery

Interior Features

Basement Finished,Full,Sump Basket,Sump Pump,Walkout
Total Fireplaces 2
Fireplace Features Electric,Family Room,Gas,Living Room
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 1803
3/4 Baths 1
Laundry Features Lower Level
Total Bedrooms 3
Below Grade Finished Area 1282
Total Baths 2
Bath Desc 3/4 Basement,Main Floor Full Bath
Fuel Natural Gas
Garage Dimensions 23.5x27.3
Garage Square Feet 642

Exterior Features

Parking Features Attached Garage,Concrete,Finished Garage,Heated Garage,Insulated Garage
Water Source City Water/Connected
Lot Size Area 1.69
Building Area Total 3606
Lot Dimensions Multiple PIDS
Waterfront Y/N No
Foundation Area 1803
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/6/2026 Listed $399,900

Property vs Zip Code Average in 56069

Price
AVG $360K
$400K
Taxes
AVG $3,539
$6,144
Year Built
AVG 1983
1965
Visits
AVG 157
17
Data Provided by Inside Real Estate®

616 Elm Avenue Se Montgomery, MN is a Single Family Home for sale at $399900 with 3085 sqft and a lot size of 1.69 Acres Acre(s). 616 Elm Avenue Se Montgomery has 3 bedrooms, 2 baths and was built in 1965. The property's zip code is 56069 which is in Montgomery, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.