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Off market
  • $444,700

    38 Balsam Ln, Madison Lake, MN 56063

    2beds
    2baths
    1,377sqft
    SingleFamily
    Built in 2016
    0.29 Acres Lot
    $444,700 Zestimate®
    $323/sqft
    $1,960 Estimated rent

    Home value

    $444,700

    $418,000 - $471,000

    $1,960/mo

    Zestimate® history
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    $2,738/mo

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    $2,738/mo

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    What's special

    You'll warm up quickly to this stunning, quality built, new construction home. Step in to a spacious entry with tile floors and a roomy closet. You will be immediately drawn to the open living space, with vaulted ceilings and lots of natural lighting. The kitchen features tall cabinets and modern touches with glass tile back splash, quartz countertops, and stainless steel appliances. Patio doors open to a 12'x12' maintenance free deck overlooking a nice backyard with mature trees, a stream and plenty of room to add a storage shed. The two upstairs bedrooms have nine foot ceilings including a master suite with private bath and walk in closet. The lower level is completely finished with two additional bedrooms, a bathroom, large walk-out family room, and a generous laundry room with room to spare for a craft corner. This house stands out with upgrades such as craftsman style three panel doors, wide poplar casing and base throughout and recessed LED lighting. It has an above standard three stall finished and insulated garage deep enough to store your boat. Steel siding with stone accents, Andersen windows, and a sod yard. There is also a high efficiency gas water heater. This must-see home is ideal for outdoor lovers as it is less than five minutes away from three recreational lakes as well as the Sakatah State Trail. The developing neighborhood offers small town living while a quick 10 minute drive will have you in Mankato. Start your new year by calling this house your home. Call Scott Borgmeier at Weichert Realtors now for a showing as it will not be available for long.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2.75
    Heating
    • Other
    Features
    • Flooring: Tile, Carpet, Laminate
    • Basement: Finished
    Interior area
    • Total interior livable area: 1,377 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Metal
    Lot
    • Size: 0.29 Acres
    Details
    • Parcel number: R140526303015

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Metal
    • Foundation: Masonry
    Condition
    • Year built: 2016

    Community & HOA

    Location
    • Region: Madison Lake

    Financial & listing details

    • Price per square foot: $323/sqft
    • Tax assessed value: $462,400
    • Annual tax amount: $5,310

    Price history

    DateEventPrice
    5/1/2017Sold$299,000+870.8%$217/sqft
    Source: Public Record Report a problem
    4/21/2016Sold$30,800$22/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,310 +5.4%$457,466 +15.2%
    2024$5,038 +6.6%$397,100 +7.3%
    2023$4,724 +17.9%$370,200 +13%
    2022$4,006 +3.5%$327,600 +19.5%
    2021$3,870 +14%$274,200 +7.4%
    2020$3,396 $255,400
    2019$3,396 +7.7%$255,400 +7.9%
    2018$3,154 +4.4%$236,800 +1.2%
    2017$3,022 +734.8%$233,900 +753.6%
    2016$362 +10302.3%$27,400
    2015$3 -99%$27,400 -66.7%
    2014$344 $82,200 +200%
    2013-- $27,400 +16.6%
    2012-- $23,500
    2011-- $23,500
    2010-- $23,500
    Find assessor info on the county website

    Neighborhood: 56063

    Nearby schools

    GreatSchools rating
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    $444,700
    2% more
    +$8,894
    With Zillow Showcase(estimated)
    $453,594