Foreclosure for Sale on E 1st St S, Truman, MN 56088

Foreclosures › Minnesota › Martin › Truman › E 1st St S
Pre-foreclosure property at E 1st St S, Truman, MN 56088. 3 bed 1 bath 1,300 sq ft Martin County foreclosure listing.
Pre-foreclosure Active 9 days on market
E 1st St S, Truman, MN 56088
Price TBD
Martin County · Minnesota
3
Bedrooms
1
Bathrooms
1,300
Sq ft
1956
Year built
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Property details
Listing type Preforeclosure
Property type SingleFamily
Bedrooms 3
Bathrooms 1
Living area 1,300 sq ft
Year built 1956
County Martin County
State Minnesota
ZIP 56088
Days on Market 9 days
Listing ID 66265461
About this property

This home in Truman, MN is in preforeclosure, which means the homeowner is in default (missed payments). Therefore, there could be an opportunity to strike a great deal with the owner and the bank.

📊 Martin County Market · Updated daily
Active Listings
34
Bank-Owned (REO)
8
Pre-Foreclosures
26

1 active foreclosure listings in Truman, MN.

Browse all Martin County foreclosures →
❓ Frequently Asked Questions
This is a pre-foreclosure property. The homeowner is behind on mortgage payments but the property has not yet been auctioned. Buyers can negotiate directly with the owner, arrange financing, and conduct a full inspection — often at a price below market value.
Click "View full listing & bid" above to access complete auction details, contact information, and bidding tools through our foreclosure.com partner. You can also work with a licensed real estate attorney or broker familiar with Martin County foreclosures for additional guidance on the purchase process.
There are currently 1 active foreclosure listings in Truman, MN. Land.net updates foreclosure data daily across all 50 states.
Before buying any foreclosure, research: (1) title history and any liens that may survive the sale, (2) property condition — most foreclosures sell as-is with no repairs, (3) delinquent property taxes which are a senior lien, (4) HOA fees and any delinquent assessments, (5) flood zone status using FEMA maps, and (6) occupancy status — eviction may be required if the property is occupied.
🌊 Flood Zone · FEMA NFHL

Check the official FEMA flood map for this property's flood zone designation and risk level.

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🏦 Mortgage estimate
Est. monthly payment (P&I + tax + insurance)
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📍 Location Map · Truman, MN Open in Google Maps →
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🏘️ Neighborhood Profile · ZIP 56088 · U.S. Census ACS
Population
2,062
Median Age
36.3 yrs
Households
912
Median Household Income
$69,009
Median Home Value
$126,000
Median Rent
$856/mo
Owner-Occupied
69% of homes
Vacancy Rate
8% of units
Unemployment Rate
1.2%

~12% of residents hold a bachelor’s degree or higher.

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2022)
🏫 Schools · NCES 2024–25
Schools in ZIP 56088
🏫 Elementary
TRUMAN ELEMENTARY
Grades Pre-K–6·TRUMAN ZIP 56088
🎓 High
TRUMAN SECONDARY
Grades 7–12·TRUMAN ZIP 56088

Source: NCES CCD 2024–25 · nces.ed.gov

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