Don't miss out on this inviting and spacious year-round 4 BR/2 BA lake home with nearly 70-feet of private, level and sandy beach. Notable features include: oversized 2-stall attached garage, large knotty pine 3-season porch, hardwood flooring, stainless steel appliances, lovely paved patio areas with landscaping on both front and rear of home and new roof in 2020. Gazebo on shore is equipped with electric and A/C. Madison Lake is a popular 1,446 acre recreational lake and is well-loved by anglers throughout the MN seasons. The city is a vibrant, golf-cart friendly community that offers multiple dining and entertainment options as well as quick access to the state trail. Call for your private showing today!
Sold-co-op by mls member
$640,000
500 Point Ave, Madison Lake, MN 56063
4beds
3,290sqft
Single Family Residence
Built in 1966
0.37 Acres Lot
$722,200 Zestimate®
$195/sqft
$2,317 Estimated rent
Home value
$722,200
$679,000 - $773,000
$2,317/mo
Zestimate® history
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$3,930/mo
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List your homeWhat's special
New roofMultiple diningHardwood flooring
Zillow last checked:
Listing updated:
Listed by:
Tana Stoufer,
True Real Estate,
David Stoufer
Bought with:
Candee Deichman
Century 21 Atwood
Source: RASM,MLS#: 7032592
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom
- Level: Upper
- Area: 165
- Dimensions: 11 x 15
Bedroom 1
- Level: Upper
- Area: 165
- Dimensions: 11 x 15
Bedroom 2
- Level: Lower
- Area: 140
- Dimensions: 10 x 14
Bedroom 3
- Level: Basement
- Area: 252
- Dimensions: 12 x 21
Dining room
- Level: Main
- Area: 130
- Dimensions: 10 x 13
Family room
- Level: Lower
- Area: 266
- Dimensions: 14 x 19
Kitchen
- Level: Main
- Area: 169
- Dimensions: 13 x 13
Living room
- Level: Main
- Area: 420
- Dimensions: 30 x 14
Heating
- Forced Air, Natural Gas
Appliances
- Included: Gas Water Heater, Water Softener Owned
Features
- Basement: Block,Partial
Interior area
- Total structure area: 2,870
- Total interior livable area: 3,290 sqft
- Finished area above ground: 1,810
- Finished area below ground: 1,060
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: Multi/Split
- Waterfront features: Lake Front
- Body of water: Madison
- Frontage type: Waterfront
Lot
- Size: 0.37 Acres
- Dimensions: 100 x 132 x 118 x 118
Details
- Foundation area: 1480
- Parcel number: R14.05.34.452.015
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame/Wood, Brick, Metal Siding
Condition
- Previously Owned
- New construction: No
- Year built: 1966
Utilities & green energy
- Sewer: City
- Water: Public
Community & neighborhood
Location
- Region: Madison Lake
Price history
| Date | Event | Price |
|---|---|---|
| 7/28/2023 | Sold | $640,000-4.5%$195/sqft |
Source:  RASM #7032592 Report a problem | ||
| 6/30/2023 | Pending sale | $669,900$204/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6386384 Report a problem | ||
| 6/21/2023 | Contingent | $669,900$204/sqft |
Source: RASM #7032592 Report a problem | ||
| 6/13/2023 | Listed for sale | $669,900+76.3%$204/sqft |
Source: RASM #7032592 Report a problem | ||
| 1/31/2019 | Sold | $380,000+68.9%$116/sqft |
Source: Public Record Report a problem | ||
| 1/26/2011 | Sold | $225,000$68/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1397066 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,878 +3.3% | $600,900 +19.7% |
| 2024 | $6,658 +7.2% | $501,900 +3.4% |
| 2023 | $6,208 +11.4% | $485,300 +15.1% |
| 2022 | $5,574 +5.5% | $421,800 +14% |
| 2021 | $5,282 +11.3% | $370,000 +7.1% |
| 2020 | $4,746 | $345,500 |
| 2019 | $4,746 +4.7% | $345,500 +5.3% |
| 2018 | $4,534 +3% | $328,100 |
| 2017 | $4,404 +9.5% | $328,100 +5.4% |
| 2016 | $4,022 +11191.4% | $311,300 +1.4% |
| 2015 | $36 -99.1% | $307,100 +6.5% |
| 2014 | $3,844 | $288,300 |
| 2013 | -- | $288,300 -2.9% |
| 2012 | -- | $296,800 +4.3% |
| 2011 | -- | $284,700 -3.4% |
| 2010 | -- | $294,800 |
Find assessor info on the county website
Neighborhood: 56063
Nearby schools
GreatSchools rating
- 9/10Eagle Lake Elementary SchoolGrades: K-5Distance: 4.3 mi
- 6/10Prairie Winds Middle SchoolGrades: 6-8Distance: 7.5 mi
- 6/10Mankato East Senior High SchoolGrades: 9-12Distance: 7.8 mi
Schools provided by the listing agent
- 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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$722,200
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- Minnesota
- Blue Earth County
- Madison Lake
- 56063
- 500 Point Ave
Nearby cities
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