Welcome to the lake and this meticulously maintained ranch home on Madison Lake with 102 feet of sandy beach shoreline that sits on .9 acre! You feel right at home as you enter through a large bright foyer with closet space and plenty of room for several guests to enter at once. From there you will enter the kitchen, dining room and living room area with vaulted ceilings to give it that open and spacious feel! This area has newer updates which include granite countertops, backsplash and laminate flooring. The custom-built knotty pine cabinets and ceiling add to the lake experience and brings about a warm relaxed feeling. The gas fireplace can be seen from all three rooms. Light fixtures throughout the main floor have been tastefully updated. A large window in the living room allows for a very picturesque view of the lake! The guest bathroom has recently been updated. The primary bedroom has a private bathroom with an oversized tiled shower. The attached 2 car garage had been converted into a large bonus room, and it awaits your finishing touch and imagination for the many possible uses it generates! The bonus room has an electric furnace. The full basement has a tiled family room, third bedroom with egress, workshop area, large storage room, 3/4 bathroom and utility room. Outside you will find a patio wired for hot tub, a two-car garage, and a large shop. The shop is heated and has plenty of room for lake toys like boats and pontoons. It has a bathroom and can be used for entertaining guests. There is abundant room for parking. The lake shore area has a firepit and bar area to enjoy relaxing summer days, beautiful sunsets and entertaining nights. You’ll want to call this place home! $1,500 carpet allowance for bedroom. Seller related to agent.
Sold-co-op by mls member
$650,000
10 Lake Ave, Madison Lake, MN 56063
3beds
3,769sqft
Single Family Residence
Built in 1974
0.9 Acres Lot
$680,300 Zestimate®
$172/sqft
$2,946 Estimated rent
Home value
$680,300
$592,000 - $782,000
$2,946/mo
Zestimate® history
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List your homeWhat's special
Gas fireplaceLarge shopWorkshop areaVaulted ceilingsElectric furnaceCustom-built knotty pine cabinetsGranite countertops
Zillow last checked:
Listing updated:
Listed by:
Kevin Sharkey,
Century 21 Atwood
Bought with:
MICHELLE STARKEY
True Real Estate
Source: RASM,MLS#: 7036671
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 1
- 3/4 bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 4
- Main level bedrooms: 3
Bedroom
- Level: Main
- Area: 325
- Dimensions: 13 x 25
Bedroom 1
- Level: Main
- Area: 110
- Dimensions: 10 x 11
Bedroom 2
- Level: Basement
- Area: 247
- Dimensions: 13 x 19
Dining room
- Features: Eat-in Kitchen, Informal Dining Room
- Level: Main
- Area: 144
- Dimensions: 12 x 12
Family room
- Level: Basement
- Area: 238
- Dimensions: 14 x 17
Kitchen
- Level: Main
- Area: 144
- Dimensions: 12 x 12
Living room
- Description: Fireplace
- Level: Main
- Area: 288
- Dimensions: 12 x 24
Heating
- Baseboard, Boiler, Electric, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Washer, Electric Water Heater, Water Softener Owned
- Laundry: Washer/Dryer Hookups, Main Level
Features
- Ceiling Fan(s), Eat-In Kitchen, Natural Woodwork, Vaulted Ceiling(s), Central Vacuum, Bath Description: 3/4 Basement, 3/4 Primary, Main Floor 1/2 Bath, Main Floor Full Bath, Private Primary, Main Floor Bedrooms
- Flooring: Tile
- Windows: Window Coverings
- Basement: Drainage System,Egress Windows,Partially Finished,Sump Pump,Concrete,Full
- Number of fireplaces: 2
- Fireplace features: Two Fireplaces
Interior area
- Total structure area: 2,287
- Total interior livable area: 3,769 sqft
- Finished area above ground: 1,537
- Finished area below ground: 750
Property
Parking
- Total spaces: 2
- Parking features: Concrete, RV Access/Parking, Detached, Garage Door Opener
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- On waterfront: Yes
- Waterfront features: Lake Front
- Body of water: Madison
- Frontage type: Waterfront
- Frontage length: Water Frontage: 102
Lot
- Size: 0.9 Acres
- Features: Accessible Shoreline, Corner Lot, Few Trees, Paved
Details
- Additional structures: Workshop, Garage(s)
- Foundation area: 1537
- Parcel number: R140535301016
- Other equipment: Sump Pump
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame/Wood, Steel Siding, Stone
- Roof: Asphalt
Condition
- Previously Owned
- New construction: No
- Year built: 1974
Utilities & green energy
- Sewer: City
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s), Carbon Monoxide Detector(s)
Location
- Region: Madison Lake
Financial & listing details
- Price per square foot: $172/sqft
- Tax assessed value: $706,800
- Annual tax amount: $8,842
- Date on market: 4/28/2025
- Listing terms: Cash,Conventional,DVA,FHA,Rural Development
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/28/2025 | Sold | $650,000-6.5%$172/sqft |
Source:  RASM #7036671 Report a problem | ||
| 1/30/2025 | Listed for sale | $695,000+118.6%$184/sqft |
Source: RASM #7036671 Report a problem | ||
| 9/25/2019 | Sold | $318,000$84/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,964 +3.9% | $706,800 +13.7% |
| 2024 | $8,630 +7.9% | $621,500 +3.5% |
| 2023 | $8,000 +13.5% | $600,600 +13.1% |
| 2022 | $7,048 +6% | $531,100 +15.9% |
| 2021 | $6,646 +9.1% | $458,100 +4.8% |
| 2020 | $6,092 | $437,100 |
| 2019 | $6,092 +2.3% | $437,100 +3.5% |
| 2018 | $5,954 +3% | $422,500 |
| 2017 | $5,780 +8% | $422,500 +4.4% |
| 2016 | $5,350 +10990.4% | $404,600 +1.1% |
| 2015 | $48 -99.1% | $400,100 +5.2% |
| 2014 | $5,520 | $380,200 -0.1% |
| 2013 | -- | $380,500 -3.9% |
| 2011 | -- | $396,000 -3% |
| 2010 | -- | $408,300 |
Find assessor info on the county website
Neighborhood: 56063
Nearby homes
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Nearby schools
GreatSchools rating
- 9/10Eagle Lake Elementary SchoolGrades: K-5Distance: 4.9 mi
- 6/10Prairie Winds Middle SchoolGrades: 6-8Distance: 8.1 mi
- 6/10Mankato East Senior High SchoolGrades: 9-12Distance: 8.4 mi
Schools provided by the listing agent
- Elementary: Eagle Lake Elementary
- Middle: Prairie Winds Middle
- High: Mankato East
- District: Mankato #77
Source: RASM. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Minnesota
- Blue Earth County
- Madison Lake
- 56063
- 10 Lake Ave
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