$425,000

5 Beds 2 Baths 2,464 Sqft

7531 Banning Way, Inver Grove Heights, MN 55077

Property Type: Single-Family
Building Type: Single Family/Detached
Time on Market: 7 days
Price per Sqft: $172
Lot Size: 0
Garage: 2 Car
Total Taxes: $3,912
Est. Age: 21+ Years

Description

This home offers a warm, functional layout with a spacious kitchen featuring painted cabinetry, stainless steel appliances, generous counter space, and a charming custom bay window bench near the breakfast nook. The peninsula counter keeps the kitchen connected to the dining area, making everyday meals and entertaining easy. Spacious bedrooms provide comfortable retreats, while the recently finished lower level adds flexible living space, including a custom reading spot perfect for quiet moments or a cozy retreat. The walkout leads to a tiered backyard that opens to mature trees and peaceful open space with no homes directly behind, creating a private setting that feels calm and inviting.

Property Details

Interior

Appliances:
  • Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
Basement:
  • Daylight Window, Finished, Full, Walk Out/Outer Door
Baths:
  • Full Baths: 2
  • Bath Descriptions: Master Bedroom Bath: 3/4,Master Bedroom Bath,Master Bedroom Bath: Full,Full on Lower,3/4 on Main,Full on Main
Heating/Cooling:
  • Central Air, Forced Air
Heat Fuel:
  • Natural Gas
Interior Features:
  • Water Softener, Circuit Breakers
Sqft:
  • Total Sqft: 2,464

Rooms

Room Basement Level Lower Level Main Level Upper Level
Master Bedroom 15x11
Bedroom 2 10x9
Bedroom 3 13x10
Bedroom 4 15x13
Bedroom 5 15x11
Dining Room 10x10
Family Room 31x18
Kitchen 11x9
Living Room 18x16

Exterior

Acreage:
  • Range: 0.5 to .99
Exterior:
  • Cedar, Fiber Cement
Garage:
  • Details: Attached, Opener Included, Insulated Garage
  • Spaces: 2.0
Lot:
  • Size: 0
  • Description: Shade Trees
Outbuildings:
  • Storage Shed
Roofing:
  • Other,Shingle
Style:
  • Split entry
Subdivision:
  • Inver Grove Estates
Water:
  • Waterfront: N
Water/Waste:
  • Municipal Water, Municipal Sewer

Misc.

Condominium:
  • Monthly Fee: 0.0
New Construction:
  • N
Postal:
  • Code: 55077
Street:
  • Name: Banning Way
  • Suffix: WAY
Tax Year:
  • 2024
Utilities:
  • Details: Cable
Zoning:
  • Residential-Single

Map

Listing Agent-Provided Directions:
  • 80th St E to Hwy 3 South. Take a right on Barbara Way E and a right on Banning Way.

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Schools and Neighborhood

School District:
  • Inver Grove Hts. Community Schools
Postal City:
  • Inver Grove Heights
Municipality:
  • Name: INVER GROVE HEIGHTS
  • Type: City
County:
  • OUT OF STATE

Market Comparison

How this property compares to local market averages — calculated 5/9/2026

This Property
Inver Grove Heights Single Family Home Avg
Out Of State County Single Family Home Avg
List Price
$425,000
$334,300
$404,003
Median Price
—
$330,000
$399,950
Price / Sq Ft
$172
$159
$215
Days on Market
7 days
29 days
55 days
Total Listings
—
3
68

Listing Information

  • Time on Market: 7 days
  • Place Perfect Last Updated: 2026-05-08 15:14:51
  • MLS Number: 6804841
  • Subsystem Locale: WIREX_WWRA
  • Listing Office: Realty ONE Group SIMPLIFIED
  • Listing Agent: Mary Yacoub-Raad

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