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Pending
  • $349,900

    223 Joy Ave SW, Madelia, MN 56062

    3beds
    3,778sqft
    : 
    $2,331/mo
    Get pre-qualified
    Single Family
    Built in 1920
    0.46 Acres Lot
    $352,200 Zestimate®
    $93/sqft
    $-- HOA

    What's special

    Discover the perfect blend of country living and exceptional versatility on 5.63 acres across two parcels, conveniently located at the edge of town with city water and sewer. This unique property, located across the street from Hole 5 of the Madelia Golf Course, offers 3 bedrooms, 3 bathrooms, numerous updates, and an incredible collection of outbuildings ideal for hobbyists, contractors, horse enthusiasts, or anyone needing abundant storage and workspace. The home features a spacious floor plan with a gas fireplace in the living room, an electric fireplace in the primary suite, and a three-season porch with a newly reshingled roof (2024) and venting for a future wood stove. Relax outdoors on the paver patio overlooking the beautiful acreage. The lower level, formerly used as a salon, offers abundant electrical outlets and water access, making it ideal for a home business, studio, hobby room, or future customization. Lower level also includes a wall safe. Outbuildings include an impressive 112' x 40' pole building with four separate bays (three 20' x 40' and one 32' x 40'), all with 13' overhead doors, a 28' x 51' horse barn, a 23' x 36' Quonset with running water, wood-burning stove, and upper-level gardeners shed, a heated wood shop, a 30' x 30' detached garage with concrete floor, and a versatile 14' x 24' bonus building. Dedicated RV parking provides even more flexibility. Recent improvements include a new refrigerator (2025), roof (2023), central air (2024), water heater (2023), dishwasher and range (2019), and washer and dryer (2015). Rare opportunity to own an acreage with city utilities, extensive outbuildings, modern updates, and endless flexibility. Qualified VA buyers may have the opportunity to assume the seller's existing VA loan at an exceptional 2.80% interest rate, offering significant potential monthly savings.
    14 days
    |
    279
    |
    10
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Karen Toft 507-381-2969,

    True Real Estate

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7109526MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 1
      • 1/2 bathrooms: 2
      Bedroom
      • Level: Upper
      • Area: 203.05 Square Feet
      • Dimensions: 15.5X13.1
      Bedroom 2
      • Level: Upper
      • Area: 80.6 Square Feet
      • Dimensions: 15.5X5.2
      Primary bathroom
      • Level: Upper
      • Area: 141.21 Square Feet
      • Dimensions: 15.5X9.11
      Bathroom
      • Level: Main
      • Area: 70.07 Square Feet
      • Dimensions: 7.7X9.1
      Bathroom
      • Level: Lower
      • Area: 24.12 Square Feet
      • Dimensions: 6.7X3.6
      Dining room
      • Level: Main
      • Area: 169.83 Square Feet
      • Dimensions: 15.3X11.10
      Laundry
      • Level: Main
      • Area: 164.8 Square Feet
      • Dimensions: 18.11X9.1
      Living room
      • Level: Main
      • Area: 477.4 Square Feet
      • Dimensions: 15.5X30.8
      Other
      • Level: Upper
      • Area: 116.48 Square Feet
      • Dimensions: 11.2X10.4
      Other
      • Level: Upper
      • Area: 80.6 Square Feet
      • Dimensions: 15.5X5.2
      Recreation room
      • Level: Lower
      • Area: 430.65 Square Feet
      • Dimensions: 26.10X16.5
      Recreation room
      • Level: Lower
      • Area: 615.39 Square Feet
      • Dimensions: 21.9X28.10
      Sun room
      • Level: Main
      • Area: 185.73 Square Feet
      • Dimensions: 15.1X12.3
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Gas Water Heater, Range, Refrigerator, Washer, Water Softener Owned
      Features
      • Basement: Partially Finished
      • Number of fireplaces: 1
      • Fireplace features: Electric, Family Room, Gas, Primary Bedroom
      Interior area
      • Total structure area: 4,016
      • Total interior livable area: 3,778 sqft
      • Finished area above ground: 3,060
      • Finished area below ground: 718

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached Garage
      • Garage spaces: 2
      • Details: Garage Dimensions (30x30)
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Patio, Porch
      Lot
      • Size: 0.46 Acres
      • Dimensions: 245242.8 SQ FT
      • Features: Tree Coverage - Medium
      Details
      • Additional structures: Barn(s), Pole Building, Workshop, Storage Shed
      • Foundation area: 956
      • Parcel number: 171001895
      • Zoning description: Residential-Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family
      Materials
      • Frame
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1920

      Utilities & green energy

      • Gas: Natural Gas
      • Sewer: City Sewer/Connected
      • Water: City Water/Connected

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Madelia

      Financial & listing details

      • Price per square foot: $93/sqft
      • Tax assessed value: $180,000
      • Annual tax amount: $38
      • Date on market: 7/17/2026
      • Cumulative days on market: 15 days

        Estimated market value

        $352,200

        $335,000 - $370,000

        $2,238/mo

        Price history

        DateEventPrice
        7/22/2026Pending sale$349,900$93/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7109526 Report a problem
        7/16/2026Listed for sale$349,900+40%$93/sqft
        Source: RASM #267040915 Report a problem
        5/3/2019Sold$250,000$66/sqft
        Source: NorthstarMLS as distributed by MLS GRID #4970414 Report a problem
        3/17/2019Pending sale$250,000$66/sqft
        Source: Mankato - WEICHERT, REALTORS - Community Group #4970414 Report a problem
        9/28/2018Price change$250,000-3.8%$66/sqft
        Source: Mankato - WEICHERT, REALTORS - Community Group #4970414 Report a problem
        9/24/2018Price change$260,000-20%$69/sqft
        Source: Mankato - WEICHERT, REALTORS - Community Group #4970414 Report a problem
        9/11/2018Price change$325,000+16.1%$86/sqft
        Source: Mankato - WEICHERT, REALTORS - Community Group #4970414 Report a problem
        8/3/2018Price change$280,000-20%$74/sqft
        Source: Mankato - WEICHERT, REALTORS - Community Group #4970414 Report a problem
        6/1/2018Listed for sale$350,000-6.7%$93/sqft
        Source: WEICHERT REALTORS, COMMUNITY GROUP #7017914 Report a problem
        12/24/2017Listing removed$375,000$99/sqft
        Source: Owner Report a problem
        9/19/2017Listed for sale$375,000$99/sqft
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$38 +8.6%$180,000 -0.1%
        2024$35 +100%$180,200 +16.6%
        2023$18 -50%$154,500 +4.5%
        2022$35 $147,800 +12.4%
        2021$35 -98.1%$131,500 +17.2%
        2020$1,824 +54.3%$112,200 +10.8%
        2019$1,182 -42.2%$101,300
        2018$2,044 $101,300 -0.6%
        2016-- $101,900 +10.9%
        2014-- $91,900 +49.9%
        2013-- $61,300 -15%
        2012-- $72,100 -30.8%
        2011-- $104,200 -6.7%
        2010-- $111,700
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 56062

        Getting around

        15 / 100
        Car-Dependent
        43 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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