$40,000
87 Balsam Lane
Madison Lake, MN 56063
MLS# 6350164
Status: Closed



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Property Description
Welcome to Madison Lake! What does Madison Lake have to offer? 1- Three area lakes. 2- Two area restaurants with one of them being on the lake. 3- Pizza place with delivery. 4- State DNR trail going right through the city for biking and walking pleasures. 5- Car repair shops and boat sales. Now about the lot- a nice flat lot with tar road, curb/gutter, and storm sewer in a development off the main highway so no heavy traffic at all. Golf carts and 4-wheelers welcome! Agent is owner.

Details
Maps
Contract Information
Allow Auto Valuation Display?: Yes
Allow Consumer Comment: Yes
Owner is an Agent?: Yes
Auction?: No
Status: Closed
Off Market Date: 2023-04-20
Contingency: None
Current Price: $40,000
Closed Date: 2023-05-31
Original List Price: 49900
Sales Close Price: 40000
ListPrice: 49900
List Date: 2023-03-31
Office/Member Info
Association: MAAR
MLSID: RMLS
General Property Information
Comp Sale YN: No
Drainage: Good
Lot Measurement: Acres
Multiple PIDs?: No
Plat Recorded: Yes
Yearly/Seasonal: Yearly
Zoning: Lot,Residential-Single Family
Acres: 0.45
Lot Size SqFt: 19384.2
Association Fee: 0
Assessment Pending: No
Location, Tax and Other Information
AssocFeeYN: No
Map Page: 999
Municipality: Madison Lake
Rental License?: No
School District: Mankato
School District Phone: 507-387-1868
Map Coordinate Source: King's Street Atlas
Property ID Number: R140526304021
Tax Year: 2022
Tax Amount: 686
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Welcome to Madison Lake! What does Madison Lake have to offer? 1- Three area lakes. 2- Two area restaurants with one of them being on the lake. 3- Pizza place with delivery. 4- State DNR trail going right through the city for biking and walking pleasures. 5- Car repair shops and boat sales. Now about the lot- a nice flat lot with tar road, curb/gutter, and storm sewer in a development off the main highway so no heavy traffic at all. Golf carts and 4-wheelers welcome! Agent is owner.
Directions: Highway 60 to Madison Lake, take left at Casey's, go straight just under a mile, take right into the development.
Assessments
Assessment Balance: 0
Tax With Assessments: 686
Builder Information
Builder Restrictions: Open
Development Status
Finished Lot(s): 1
Insurance Fee
Insurance Fee: 0
Lease Details
Land Leased: Not Applicable
Lock Box Type
None: 1
Lot Description
Underground Utilities: 1
Miscellaneous Information
FIPS Code: 27013
Homestead: No
Ownership
Fractional Ownership: No
Restriction/Covenants
Architecture Committee: 1
Road Frontage
City Street: 1
No Outlet/Dead End: 1
Paved Streets: 1
Storm Sewer: 1
Road Responsibility
Public Maintained Road: 1
Sale Options
Sell Entirely: 1
Will Build to Suit: 1
Sellers Terms
Cash: 1
Conventional: 1
Rural Development: 1
Soil Type
Loam: 1
Topography
Level: 1
Available Utilities
Cable Available: 1
Cable Connected: 1
Electricity Connected: 1
Natural Gas Available: 1
Natural Gas Connected: 1
Phone Connected: 1
Sewer Available: 1
Sewer Connected: 1
Storm Sewer Available: 1
Underground Utilities Available: 1
Water Available: 1
Water Connected: 1
Improvements
Curbs: 1
Paved Streets: 1
Public Road: 1
Storm Sewer: 1
Land Inclusions
For Sale Sign: 1
Platted: 1
Survey: 1
Location Tax and Other Information
House Number: 87
Street Name: Balsam
Street Suffix: Lane
Postal City: Madison Lake
County: Blue Earth
State: MN
Zip Code: 56063
Complex/Dev/Subdivision: Pines Third Add
Property Features
Available Utilities: Cable Available; Cable Connected; Electricity Connected; Natural Gas Available; Natural Gas Connected; Phone Connected; Sewer Available; Sewer Connected; Storm Sewer Available; Underground Utilities Available; Water Available; Water Connected
Development Status: Finished Lot(s)
Improvements: Curbs; Paved Streets; Public Road; Storm Sewer
Land Inclusions: For Sale Sign; Platted; Survey
Lock Box Type: None
Lot Description: Underground Utilities
Road Frontage: City Street; No Outlet/Dead End; Paved Streets; Storm Sewer
Road Responsibility: Public Maintained Road
Sale Options: Sell Entirely; Will Build to Suit
Sellers Terms: Cash; Conventional; Rural Development
Soil Type: Loam
Topography: Level

IDX
Listing Office: RE/MAX Dynamic Agents

Last Updated: June - 03 - 2025

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.