1953 single family home for sale at 1020 W Lincoln Avenue in Fergus Falls, MN — 5 bed, 2 bath (photo 1 of 39)

1020 W Lincoln Avenue, Fergus Falls, MN 56537

5 Beds | 2 Baths | 2,860 Sq Ft | Single Family Home | MLS# 7078380

$399,900

$2,695/month Estimated

Principal & interest
$2,180
Property taxes
$282
Home insurance (est.)
$233
HOA dues
None

20% down ($79,980) · 30-yr fixed, 7.24%

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Estimates only; confirm before you offer.

Fergus Falls, MN Active

Located in Pahans Add, Fergus Falls, MN.

About This Home

A rare blend of architectural character, timeless quality, and modern comfort, this beautiful 5 bedroom, 2 bathroom 1950s Prairie Style home was inspired by the iconic design principles of Frank Lloyd Wright. Deceptively spacious from the street, the home opens into warm, inviting living spaces filled with natural light from large picture windows, rich wood and tile floors, maple cabinetry, stainless steel appliances, and two wood fireplaces that bring charm and character throughout. The brick and wood exterior delivers a classic sense of style, while front and back patios create inviting spaces to relax or entertain. The freshly remodeled lower level features a family room, 2 bedrooms, and a bathroom, offering flexible space for guests, work, or everyday living. Additional highlights include a 4 car partially heated garage, newly installed gas forced air furnace with central air, and an air exchanger for year round comfort. Conveniently located within walking distance to parks and downtown, this thoughtfully updated home is where timeless design meets modern convenience.

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BuyPulse · Live market read

How 1020 W Lincoln Avenue Compares to the Fergus Falls Market

At $140/sqft, this home is priced $5/sqft below the typical Fergus Falls single-family home of $145/sqft.

The median list price in Fergus Falls is $249,900.

Verdict: Strong Value

Your negotiating position

72 Strong buyer leverage

Seller's market · Balanced · Buyer leverage

Day 167 — Fergus Falls homes overall typically go under contract by day ~22. This one is past that window.

12 similar homes for sale — alternatives if they won't move.

Homes like this one — single-family homes between $300K and $500K in Fergus Falls:

  • The field: 12 similar Fergus Falls homes for sale — you have options.
  • Price cuts: 4 of 12 similar homes have trimmed asking — median trim $17,500. This one hasn't budged.
  • Too few have sold recently to chart how fast they go or how they close — BuyPulse won't estimate those off a thin sample.

Powered by the Realgorithm™ — real Fergus Falls closings, zero guesses · NorthstarMLS

Key Features

Built
1953
Garage
4-Car Attached
Style
One and One Half
HOA
None
Annual Taxes
$3,378 (2026)

Property Details

Property Type
Single Family
Above Grade Sq Ft
1,660
Below Grade Sq Ft
1,200
Lot Size
0.19 acres
Basement
Yes
Roof
Asphalt
Construction
Frame
County
Otter Tail
List Date
2026-05-21
Days on Market
167 days
Parcel ID
71003991177006

Financial

Total Tax incl. Assessments
$3,378

Home Systems & Utilities

Heating
Forced Air, Fireplace(s), Heat Pump
Cooling
Central Air
Electric
Circuit Breakers, 200+ Amp Service
Water
City Water/Connected
Sewer
City Sewer/Connected
Appliances
Air-To-Air Exchanger, Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer

Interior Features

Laundry
Lower Level, Laundry Room
Fireplace
2 fireplaces

Construction & Exterior

Construction & Structure

Foundation Type
Other
Foundation Area
1,264 sqft
Total Building Area
2,924 sqft

Exterior Features

Exterior Features
Stone, Other, Wood
Accessibility Features
None

Parking & Garage

Parking Features
Attached Garage, Concrete, Garage Door Opener

Lot & Land

Road Surface
City Street
Zoning Description
Residential-Single Family

Agent & Office

List Office
Keller Williams Realty Professionals

Price History

Listed at $399,900 on May 21, 2026 — No price changes

1020 W Lincoln Avenue is listed in Fergus Falls, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 1020 W Lincoln Avenue

Shannon Barnum

Associate Broker · Modern Market REALTORS®

Your Fergus Falls real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.

Listed by Keller Williams Realty Professionals · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7078380 · Updated September 7, 2026

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Frequently Asked Questions About 1020 W Lincoln Avenue

Is $399,900 a good price for a home in Fergus Falls?
According to BuyPulse, 1020 W Lincoln Avenue rates Strong Value — at $140/sqft it's priced right at the typical Fergus Falls single-family home of $145/sqft. Its negotiating-position score is 72/100 (Strong buyer leverage), weighed on days on market, comparable inventory, and how Fergus Falls homes are closing versus list. Powered by the Realgorithm™. Browse Fergus Falls homes for sale to compare.
Does 1020 W Lincoln Avenue have a basement?
Yes, 1020 W Lincoln Avenue has a basement with 1,200 sq ft of below-grade space.
What type of heating and cooling does 1020 W Lincoln Avenue have?
1020 W Lincoln Avenue has Forced Air, Fireplace(s), Heat Pump heating and Central Air cooling.
Where is 1020 W Lincoln Avenue located?
1020 W Lincoln Avenue is in the Pahans neighborhood of Fergus Falls, MN 56537, in Otter Tail County.
Is 1020 W Lincoln Avenue still available?
Yes — 1020 W Lincoln Avenue is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 1020 W Lincoln Avenue built?
1020 W Lincoln Avenue was built in 1953. It features frame construction, an asphalt roof, and a other foundation.
Does 1020 W Lincoln Avenue have main-floor laundry?
No — the laundry at 1020 W Lincoln Avenue is in the lower level.
How many homes like 1020 W Lincoln Avenue are for sale in Fergus Falls?
12 similar homes (single-family homes between $300K and $500K in Fergus Falls) are for sale right now — you have options.
What does "BuyPulse" mean?
BuyPulse™ is Modern Market REALTORS®’ live market-data brand for Fargo-Moorhead: cohort statistics — homes for sale, median days to pending, and share of sales closing at or over list price — computed from real NorthstarMLS closings, not estimates.
What does "Realgorithm™" mean?
The Realgorithm™ is Modern Market REALTORS®’ proprietary market-data engine — it computes every BuyPulse verdict from real NorthstarMLS closings (comparable active inventory, median days to pending, and sale-to-list price ratio) rather than an automated online estimate.

Local Companies to Help You Settle In

From inspection to closing to moving day, here are well-known local companies serving the Fergus Falls area.

MLS GRID Listings courtesy of NorthstarMLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 11/04/2026, 8:49 AM CST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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