Sold for $217,000

$217,000

120 Lake Ave, Madison Lake, MN 56063

3beds

3baths

1,492sqft

SingleFamily

Built in 1936

0.36 Acres Lot

$221,500 Zestimate^®

$145/sqft

$2,006 Estimated rent

Home value

$221,500

$193,000 - $253,000

$2,006/mo

Zestimate^® history

Owner options

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$2,006/mo

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$2,006/mo

Rent Zestimate^®

Refinance and save

$1,093/mo

Est. payment

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$1,093/mo

Est. payment

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What's special

120 Lake Ave, Madison Lake, MN 56063 is a single family home that contains 1,492 sq ft and was built in 1936. It contains 3 bedrooms and 3 bathrooms. This home last sold for $217,000 in January 2026. The Zestimate for this house is $221,500. The Rent Zestimate for this home is $2,006/mo.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3

Heating

Forced air

Cooling

Other

Features

Flooring: Hardwood
Basement: Partially finished

Interior area

Total interior livable area: 1,492 sqft

Property

Parking

Parking features: Garage - Detached

Features

Exterior features: Wood

Lot

Size: 0.36 Acres

Details

Parcel number: R140534429009

Construction

Type & style

Home type: SingleFamily

Materials

Frame
Foundation: Masonry
Roof: Asphalt

Condition

Year built: 1936

Community & HOA

Location

Region: Madison Lake

Financial & listing details

Price per square foot: $145/sqft
Tax assessed value: $314,100
Annual tax amount: $3,630

Price history

Date	Event	Price
1/16/2026	Sold	$217,000$145/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,630 -6.1%	$295,819 +4.4%
2024	$3,866 +5.1%	$283,300 -2.6%
2023	$3,680 +10.5%	$291,000 +11.2%
2022	$3,330 +4.8%	$261,600 +12.4%
2021	$3,176 +9.2%	$232,800 +4.5%
2020	$2,908	$222,700
2019	$2,908 +2.7%	$222,700 +3.3%
2018	$2,832 +2.8%	$215,600
2017	$2,754 +8%	$215,600 +3.7%
2016	$2,550 +10853.6%	$208,000 +0.9%
2015	$23 -99.1%	$206,100 +3.9%
2014	$2,582	$198,400 -0.1%
2013	--	$198,500 +0.4%
2012	--	$197,700 -1.6%
2011	--	$201,000 -2.4%
2010	--	$206,000