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58 Balsam Lane Madison Lake, MN $ 489,900
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$ 489,900 Get more info
58 Balsam Lane
$ 489,900
Back to search
Share Save

58 Balsam Lane

Madison Lake, MN, 56063
$ 489,900
Bedrooms5 Baths3.0 Sq 2,663

Monthly Estimate*

$ 3,384

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Single Family Home for sale in Madison Lake, MN

for $489,900 with 5 bedrooms and 3 full baths. This 2,663 square foot home was built in 2017 on a lot size of 0.33.

Looking for a great location? 58 Balsam Lane in Madison Lake offers 5 bedrooms, 3 bathrooms, 3-stall garage, plus a shed; all located on a beautiful, landscaped lot. The deck and pergola off the back of the home offers privacy along with views of the large adjoining pond. The main level features an open layout, 3 bedrooms, 2 bathrooms, laundry, plus no steps while entering the home! The lower level offers ample natural light from the large windows and a fireplace in the large family/rec room. You will also find 2 more bedrooms, a bathroom, the mechanical room, and storage rooms. Note: Photos were taken before furniture was removed from the home.

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Single Family Active

Price

$ 489,900

Bedrooms

5

Full Bath

3

Property Type

Single Family

Taxes

$ 6,812

Style

Single Family

Lot Size

0.33

Year Built

2017

Town/City

Madison Lake

County/Region

Blue Earth

MLS | Web ID

7128435
Features
General
Living Area 2663
Sewer City Sewer/Connected
Heating Forced Air Fireplace(s)
Cooling Central Air
Roof Asphalt
Appliances Dishwasher Disposal Dryer Microwave Range Refrigerator Washer Water Softener Rented
HOA Fee 0
Garage Spaces 3
Construction Materials Frame
Year Built 2017
Levels One
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Blue Earth
New Construction N
Property Type Residential
HOA N
Contingency None
Other Structures Storage Shed
Full Baths 2
Directions Hwy 60 to Madison Lake North on County Road 26. Right on Evergreen Lane left on Balsam Lane to home on your left.
City Madison Lake
High School District Mankato
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 6812
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Finished Full
Total Fireplaces 1
Basement (Y/N) Y
Fireplace Y/N Y
Above Grade Finished Area 1563
Half Baths 0
1/4 Baths 0
3/4 Baths 1
Laundry Features Main Level
Total Bedrooms 5
Below Grade Finished Area 1100
Total Baths 3
Bath Desc Full Basement Private Primary Main Floor Full Bath
Dining Room Description Informal Dining Room
Fuel Natural Gas
Garage Dimensions 35x23
Garage Square Feet 882
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Exterior
Parking Features Attached Garage
Water Source City Water/Connected
Lot Size Area 0.33
Building Area Total 3126
Lot Dimensions 84x143x109x158
Waterfront Y/N N
Foundation Area 1563
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Internal Only
Street Number 1 58
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* Excluded Features
List By
Landmark Realtors, Llc

Broker

michael@landmarkminnesota.com

Email

Affordability Calculator

$3,951
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,384
Monthly Property Taxes
$568
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
708596 Elementary School
708778 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/9/2026$489,900 -2.00% Price Down
8/17/2026$499,900 Listed Price

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58 Balsam Lane, Madison Lake, MN, 56063 is a Single Family Home for sale at $489,900 with 2,663 sqft and a lot size of 0.33. 58 Balsam Lane has 5 bedrooms, 3.0 baths, and was built in 2017. The property's zip code is 56063 which is in Madison Lake, MN

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