Welcome to this charming 2+ bedroom home in Madison Lake! The main level features an enclosed porch that makes the perfect mudroom, an eat-in kitchen, full bathroom and two versatile rooms that can serve as living and dining spaces - or even a main floor bedroom or den. Upstairs you'll find a walk-through bedroom with closet space, leading to the second bedroom. The unfinished block basement includes the laundry area and offers plenty of storage with the opportunity to finish for additional living space. Outside, enjoy a nice-sized, partially fenced in backyard, garden space featuring established asparagus growing, and a cozy firepit perfect to sit by in the upcoming fall weather. A detached 1-stall garage adds convenience for storing your vehicle or yard tools. Just minutes away from Duck Lake, Lake Ballantyne, and Madison Lake, this home is a great find for lake lovers looking for small-town charm.
Sold-inner office
$165,500
408 Chestnut Ave, Madison Lake, MN 56063
2beds
1,684sqft
Single Family Residence
Built in 1900
6,098.4 Square Feet Lot
$170,700 Zestimate®
$98/sqft
$1,365 Estimated rent
Home value
$170,700
$149,000 - $196,000
$1,365/mo
Zestimate® history
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$1,083/mo
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List your homeWhat's special
Partially fenced in backyardCozy firepitPlenty of storageVersatile roomsGarden spaceEnclosed porchUnfinished block basement
Zillow last checked:
Listing updated:
Listed by:
Carrie Zeldenrust,
Realty Executives Associates
Bought with:
Carrie Zeldenrust
Realty Executives Associates
Source: RASM,MLS#: 7038478
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Description: Walk-thru bedroom
- Level: Upper
Bedroom 1
- Level: Upper
Dining room
- Description: Currently set up as living room
- Features: Eat-in Kitchen, Formal Dining Room
- Level: Main
Kitchen
- Description: Eat-In
- Level: Main
Living room
- Description: Could be used as 3rd bedroom
- Level: Main
Heating
- Forced Air, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Gas Water Heater, Water Softener Owned
- Laundry: Washer/Dryer Hookups
Features
- Ceiling Fan(s), Eat-In Kitchen, Kitchen Center Island, Bath Description: Main Floor Full Bath
- Windows: Window Coverings
- Basement: Drainage System,Sump Pump,Unfinished,Block,Full
- Has fireplace: No
Interior area
- Total structure area: 1,010
- Total interior livable area: 1,684 sqft
- Finished area above ground: 1,010
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Asphalt, Gravel, RV Access/Parking, Detached
- Garage spaces: 1
Features
- Levels: 1.25 - 1.75 Story
- Stories: 1
- Fencing: Partial
Lot
- Size: 6,098 sqft
- Dimensions: 62 x 100
- Features: Paved
Details
- Foundation area: 674
- Parcel number: Parcel ID R14.05.34.259.006
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame/Wood, Vinyl Siding, Wood Siding
- Roof: Asphalt
Condition
- Previously Owned
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: City
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s), Carbon Monoxide Detector(s)
Location
- Region: Madison Lake
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 10/3/2025 | Sold | $165,500-2.6%$98/sqft |
Source:  RASM #7038478 Report a problem | ||
| 9/13/2025 | Pending sale | $170,000$101/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6782900 Report a problem | ||
| 9/3/2025 | Listed for sale | $170,000+91.4%$101/sqft |
Source: RASM #7038478 Report a problem | ||
| 6/15/2018 | Sold | $88,800-1.2%$53/sqft |
Source: Public Record Report a problem | ||
| 4/30/2018 | Listed for sale | $89,900+124.8%$53/sqft |
Source: HOME RUN REALTY #7017485 Report a problem | ||
| 10/14/2014 | Sold | $40,000-10.1%$24/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #2215141 Report a problem | ||
| 9/2/2014 | Price change | $44,500-10.8%$26/sqft |
Source: Bridge Realty #4512526 Report a problem | ||
| 8/2/2014 | Listed for sale | $49,900+24.8%$30/sqft |
Source: Bridge Realty #4512526 Report a problem | ||
| 6/11/2014 | Listing removed | $40,000$24/sqft |
Source: NuStar Realty of Mankato LLC #7000666 Report a problem | ||
| 4/2/2014 | Pending sale | $40,000$24/sqft |
Source: NuStar Realty of Mankato LLC #7000666 Report a problem | ||
| 3/22/2014 | Price change | $40,000-21.4%$24/sqft |
Source: NuStar Realty of Mankato LLC #7000666 Report a problem | ||
| 3/6/2014 | Price change | $50,900-15%$30/sqft |
Source: NuStar Realty of Mankato LLC #7000666 Report a problem | ||
| 10/14/2013 | Price change | $59,900-6.3%$36/sqft |
Source: NuStar Realty of Mankato LLC #7000666 Report a problem | ||
| 9/5/2013 | Price change | $63,900-8.6%$38/sqft |
Source: NuStar Realty of Mankato LLC #7000666 Report a problem | ||
| 8/6/2013 | Price change | $69,900-6.7%$42/sqft |
Source: NuStar Realty of Mankato LLC #7000666 Report a problem | ||
| 7/10/2013 | Price change | $74,900-12.8%$44/sqft |
Source: NuStar Realty of Mankato LLC #7000666 Report a problem | ||
| 5/22/2013 | Price change | $85,900-3.4%$51/sqft |
Source: NuStar Realty of Mankato LLC #7000666 Report a problem | ||
| 4/23/2013 | Listed for sale | $88,900-11%$53/sqft |
Source: NuStar Realty of Mankato LLC #7000666 Report a problem | ||
| 10/11/2012 | Listing removed | $99,900$59/sqft |
Source: Minnesota Arrowhead MLS #1052509 Report a problem | ||
| 10/10/2012 | Listed for sale | $99,900$59/sqft |
Source: Minnesota Arrowhead MLS #1052509 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,994 -0.5% | $125,561 +1.9% |
| 2024 | $2,004 +5.8% | $123,200 +6.3% |
| 2023 | $1,894 +12.9% | $115,900 +12.3% |
| 2022 | $1,678 +1.9% | $103,200 +17.8% |
| 2021 | $1,646 +8.7% | $87,600 +7.9% |
| 2020 | $1,514 | $81,200 |
| 2019 | $1,514 +4.7% | $81,200 +6.6% |
| 2018 | $1,446 -18.9% | $76,200 |
| 2017 | $1,782 +5.6% | $76,200 +6.6% |
| 2016 | $1,688 +19805.7% | $71,500 +1.7% |
| 2015 | $8 -98.7% | $70,300 +8.2% |
| 2014 | $636 | $65,000 |
| 2013 | -- | $65,000 |
| 2012 | -- | $65,000 -5.7% |
| 2011 | -- | $68,900 -4.3% |
| 2010 | -- | $72,000 |
Find assessor info on the county website
Neighborhood: 56063
Nearby schools
GreatSchools rating
- 9/10Eagle Lake Elementary SchoolGrades: K-5Distance: 4.6 mi
- 6/10Prairie Winds Middle SchoolGrades: 6-8Distance: 7.8 mi
- 6/10Mankato East Senior High SchoolGrades: 9-12Distance: 8 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
- 408 Chestnut Ave
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