**Close to Completion Single Family New Construction** One level living! This slab on grade home features attached 3 car garage, open concept living room, dining and kitchen. Finishes include granite countertops, stainless steel appliances, pantry and tile backsplash in kitchen. Private primary suite with walk in shower and dual sinks w/quartz vanity tops, laundry/mud room off of garage entrance plus much more! Inquire about the 1% preferred lender incentive.
Sold-co-op by mls member
$315,900
55 Balsam Ln, Madison Lake, MN 56063
3beds
1,520sqft
Single Family Residence
Built in 2023
0.26 Acres Lot
$349,400 Zestimate®
$208/sqft
$2,187 Estimated rent
Home value
$349,400
$332,000 - $367,000
$2,187/mo
Zestimate® history
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List your homeWhat's special
Walk in showerPrivate primary suiteStainless steel appliancesQuartz vanity topsDual sinksMud room
Zillow last checked:
Listing updated:
Listed by:
Katyana Miller,
Miller Real Estate
Bought with:
Bonnie Kruger
Century 21 Atwood
Source: RASM,MLS#: 7034436
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Bedroom
- Level: Main
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Dining room
- Features: Informal Dining Room, Open Floorplan
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Range, Refrigerator, Electric Water Heater
- Laundry: Washer/Dryer Hookups, Main Level
Features
- Kitchen Center Island, Vaulted Ceiling(s), Walk-In Closet(s), Bath Description: 3/4 Primary, Main Floor Full Bath, Private Primary, 3+ Same Floor Bedrooms(L)
- Has fireplace: No
Interior area
- Total structure area: 1,520
- Total interior livable area: 1,520 sqft
- Finished area above ground: 1,520
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Attached
- Attached garage spaces: 3
Accessibility
- Accessibility features: No Stairs Internal, No Stairs External
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.26 Acres
- Dimensions: 102 x 130
Details
- Foundation area: 1520
- Parcel number: R140526304015
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame/Wood, Stone, Vinyl Siding
- Foundation: Slab
- Roof: Asphalt
Condition
- Under Construction-Spec Home
- New construction: Yes
- Year built: 2023
Utilities & green energy
- Sewer: City
- Water: Public
Community & HOA
Location
- Region: Madison Lake
Financial & listing details
- Price per square foot: $208/sqft
- Tax assessed value: $375,100
- Annual tax amount: $538
- Date on market: 4/30/2024
- Listing terms: Cash,Conventional,DVA,FHA,Rural Development
Price history
| Date | Event | Price |
|---|---|---|
| 4/26/2024 | Sold | $315,900$208/sqft |
Source:  RASM #7034436 Report a problem | ||
| 3/27/2024 | Pending sale | $315,900$208/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6502631 Report a problem | ||
| 3/16/2024 | Listed for sale | $315,900$208/sqft |
Source:  FMARMLS #6502631 Report a problem | ||
| 3/16/2024 | Contingent | $315,900$208/sqft |
Source: RASM #7034436 Report a problem | ||
| 3/12/2024 | Listed for sale | $315,900-4.2%$208/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6502631 Report a problem | ||
| 2/4/2024 | Listing removed | -- |
Source: RASM #7034083 Report a problem | ||
| 1/3/2024 | Listed for sale | $329,900+724.8%$217/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6472948 Report a problem | ||
| 5/31/2023 | Sold | $40,000-11.1%$26/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6350132 Report a problem | ||
| 4/20/2023 | Pending sale | $45,000$30/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6350132 Report a problem | ||
| 3/31/2023 | Listed for sale | $45,000$30/sqft |
Source: RASM #7031942 Report a problem | ||
| 11/13/2022 | Listing removed | -- |
Source:  RE/MAX International Report a problem | ||
| 9/28/2022 | Price change | $45,000-18.2%$30/sqft |
Source: RASM #7029766 Report a problem | ||
| 5/11/2022 | Listed for sale | $55,000+87.1%$36/sqft |
Source: RASM #7029766 Report a problem | ||
| 12/31/2020 | Sold | $29,400$19/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,540 +206.8% | $362,309 +156% |
| 2024 | $502 -6.7% | $141,500 +370.1% |
| 2023 | $538 -3.2% | $30,100 |
| 2022 | $556 +5.7% | $30,100 |
| 2021 | $526 +3.5% | $30,100 |
| 2020 | $508 | $30,100 |
| 2019 | $508 +28.9% | $30,100 +7.1% |
| 2018 | $394 +2.6% | $28,100 |
| 2017 | $384 +3.8% | $28,100 |
| 2016 | $370 +10235.2% | $28,100 |
| 2015 | $4 -99% | $28,100 -66.7% |
| 2014 | $352 | $84,300 +200% |
| 2013 | -- | $28,100 +16.6% |
| 2012 | -- | $24,100 |
| 2011 | -- | $24,100 |
| 2010 | -- | $24,100 |
Find assessor info on the county website
Neighborhood: 56063
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Nearby schools
GreatSchools rating
- 9/10Eagle Lake Elementary SchoolGrades: K-5Distance: 5.5 mi
- 6/10Prairie Winds Middle SchoolGrades: 6-8Distance: 8.6 mi
- 6/10Mankato East Senior High SchoolGrades: 9-12Distance: 8.8 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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- Minnesota
- Blue Earth County
- Madison Lake
- 56063
- 55 Balsam Ln
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