702 S Payne New Ulm, MN ^$ 194,900

702 S Payne

^$ 194,900

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Recently Listed

702 S Payne

New Ulm, MN, 56073

^$ 194,900

Bedrooms3 Baths1.1 Sq 1,636

Monthly Estimate*

^$ 1,200

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Single Family Home for sale in New Ulm, MN

for $194,900 with 3 bedrooms and 1 full bath, 1 half bath. This 1,636 square foot home was built in 1959 on a lot size of 0.19.

Conveniently located within walking distance to schools, this home offers comfortable main floor living with three bedrooms, a full bath, kitchen, and living room. The basement features a custom-built sewing area, spacious rec room with bar and built-ins, a den/office, and ample storage. Outside, enjoy a nice patio and a 2Â½-stall garage just steps from the house.

Single Family Active

Price

^$ 194,900

Bedrooms

Full Bath

Half Bath

Property Type

Single Family

Taxes

^$ 1,938

Style

SF Single Family

Lot Size

0.19

Year Built

1959

Town/City

New Ulm

County/Region

Brown

MLS | Web ID

7040004

Features

General

Heating Forced Air

Cooling Central

Roof Asphalt Shingles

Water City

Sewer City

Appliances Dryer Range/Stove Refrigerator Washer

Amenities Garage Door Opener Washer/Dryer Hookups Combination Windows (L)

Status Active ACTIVE

3/4 Baths 0

Full Baths 1

Half Baths 1

Year Built 1959

Style SF Single Family

Stories Count 1 Story

Road Frontage City Curb/Gutters Paved Sidewalk

Subdivision MN

Sale/Rent For Sale

School District New Ulm #88

Exterior

Exterior Aluminum

Waterfront No

Lot Size Area 0.19

Garage Capacity 2

Construction Type Frame/Wood

Garage Type Detached

Exterior Amenities Driveway - Concrete Patio

Interior

Fireplace No

Dining Room Informal Dining Room

1/4 Baths 0

Basement Material Concrete Block

Basement Style Full

Basement Features Partially Finished

Finished SqFt Above Grade 936

Finished SqFt Below Grade 700

* Excluded Features

List By

New Ulm Real Estate Llc

Broker

lisab@newulmrealestate.net

Affordability Calculator

$1,362

Per Month

Monthly Principal & Interest: $1,200
Monthly Property Taxes: $162
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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.

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Nearby

Trends
Schools

Single family listings in New Ulm, MN

Average List Price ^$293,831

Percent of Sale Price 51%

About New Ulm, MN

13,821 Population

0% Since 2002

^$54,960 Median Income

40.53 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1357925 Elementary School

1357919 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/20/2026	$194,900		Listed Price

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702 S Payne, New Ulm, MN, 56073 is a Single Family Home for sale at $194,900 with 1,636 sqft and a lot size of 0.19. 702 S Payne has 3 bedrooms, 1.1 baths, and was built in 1959. The property's zip code is 56073 which is in New Ulm, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

Listing data provided courtesy of The Broker Reciprocity (sm) Program of the REALTOR Association of Southern Minnesota Multiple Listing Service.

The information being provided is 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.

Data is updated as of 4/21/2026.

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702 S Payne

Single Family Home for sale in New Ulm, MN

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