Welcome to Your Peaceful Cul-de-Sac Retreat! Nestled on over a HALF-ACRE lot at the end of a quiet cul-de-sac, this beautifully refreshed 4-bedroom, 2-bath home offers space, comfort and modern charm. You’ll love the bright, open floor plan on the main level, newly painted throughout and complemented by brand-new flooring for a fresh, inviting feel. The walk-out lower level is fully finished and gives you plenty of versatile living space. You will also appreciate the 3-stall heated garage, offering ample space for vehicles, storage, or workshop projects year-round. Come experience the perfect blend of peaceful suburban living, spacious interiors, and ready to move-in, without compromising on comfort or convenience—schedule your tour today! Agent is related to seller
Sold-co-op by mls member
$373,000
86 Balsam Cir, Madison Lake, MN 56063
4beds
2,388sqft
Single Family Residence
Built in 2016
0.57 Acres Lot
$386,700 Zestimate®
$156/sqft
$2,526 Estimated rent
Home value
$386,700
$340,000 - $441,000
$2,526/mo
Zestimate® history
Owner options
List your home for rent
$2,526/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,526/mo
Rent Zestimate®
Refinance and save
$2,297/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,297/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Spacious interiorsBrand-new flooringBright open floor planVersatile living spaceQuiet cul-de-sacOver a half-acre lotWalk-out lower level
Zillow last checked:
Listing updated:
Listed by:
KARLA MALONE,
Coldwell Banker River Valley
Bought with:
Aubrey Leasure
Keller Williams Preferred Realty
Source: RASM,MLS#: 7037860
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: Upper
- Area: 196
- Dimensions: 14 x 14
Bedroom 1
- Level: Upper
- Area: 110
- Dimensions: 11 x 10
Bedroom 2
- Level: Lower
- Area: 132
- Dimensions: 11 x 12
Bedroom 3
- Level: Lower
- Area: 143
- Dimensions: 13 x 11
Dining room
- Features: Combine with Kitchen, Open Floorplan
- Level: Upper
- Area: 132
- Dimensions: 11 x 12
Family room
- Level: Lower
- Area: 432
- Dimensions: 24 x 18
Kitchen
- Level: Upper
- Area: 143
- Dimensions: 13 x 11
Living room
- Level: Upper
- Area: 182
- Dimensions: 14 x 13
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave, Range, Refrigerator, Gas Water Heater
- Laundry: Washer/Dryer Hookups
Features
- Ceiling Fan(s), Kitchen Center Island, Bath Description: Full Basement, Main Floor Full Bath
- Basement: Daylight/Lookout Windows,Finished,Walk-Out Access,Block,Full
Interior area
- Total structure area: 2,334
- Total interior livable area: 2,388 sqft
- Finished area above ground: 1,194
- Finished area below ground: 1,140
Property
Parking
- Total spaces: 3
- Parking features: Concrete, Attached, Garage Door Opener
- Attached garage spaces: 3
Features
- Levels: Bi-Level Split
- Patio & porch: Deck
Lot
- Size: 0.57 Acres
- Dimensions: 55 x 210 x 187 x 187
Details
- Foundation area: 1194
- Parcel number: 14.05.26.304.009
- Other equipment: Sump Pump
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame/Wood, Stone, Vinyl Siding
- Roof: Asphalt
Condition
- Year built: 2016
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: City
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
Location
- Region: Madison Lake
Financial & listing details
- Price per square foot: $156/sqft
- Tax assessed value: $394,800
- Annual tax amount: $4,506
- Date on market: 8/27/2025
- Listing terms: Cash,Conventional,DVA,FHA
Price history
| Date | Event | Price |
|---|---|---|
| 8/22/2025 | Sold | $373,000+1.1%$156/sqft |
Source:  RASM #7037860 Report a problem | ||
| 6/23/2025 | Listed for sale | $369,000+57%$155/sqft |
Source: RASM #7037860 Report a problem | ||
| 11/15/2023 | Sold | $235,000+3.6%$98/sqft |
Source: Public Record Report a problem | ||
| 5/16/2023 | Sold | $226,752-7.4%$95/sqft |
Source: Public Record Report a problem | ||
| 12/8/2017 | Sold | $245,000+942.6%$103/sqft |
Source: Public Record Report a problem | ||
| 4/6/2016 | Sold | $23,500-16.1%$10/sqft |
Source: Public Record Report a problem | ||
| 11/11/2011 | Sold | $28,000$12/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1610708 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,506 +3.3% | $383,782 +12% |
| 2024 | $4,364 +6.3% | $342,600 +5.5% |
| 2023 | $4,106 +16.6% | $324,700 +12.5% |
| 2022 | $3,522 +4.3% | $288,600 +18% |
| 2021 | $3,378 +13.5% | $244,600 +7.7% |
| 2020 | $2,976 | $227,200 |
| 2019 | $2,976 +6% | $227,200 +6.2% |
| 2018 | $2,808 +7.6% | $214,000 +3.9% |
| 2017 | $2,610 +845.7% | $205,900 +535.5% |
| 2016 | $276 +6599% | $32,400 |
| 2015 | $4 -99% | $32,400 -66.7% |
| 2014 | $430 | $97,200 +200% |
| 2013 | -- | $32,400 +5.2% |
| 2012 | -- | $30,800 |
| 2011 | -- | $30,800 |
| 2010 | -- | $30,800 |
Find assessor info on the county website
Neighborhood: 56063
Nearby homes
- $363,3004 bd2 ba2.1k sqft82 Balsam Cir, Madison Lake, MN 56063Off Market
- $495,0003 bd3 ba1.5k sqft87 Balsam Cir, Madison Lake, MN 56063Off Market
- $324,3002 bd1 ba1k sqft74 Balsam Cir, Madison Lake, MN 56063Off Market
- $364,9004 bd3 ba2.7k sqft46 Evergreen Ln, Madison Lake, MN 56063Off Market
- $28,100-- bd-- ba-- sqft42 Evergreen Ln, Madison Lake, MN 56063Off Market
- $484,1002 bd2 ba1.3k sqft83 Balsam Cir, Madison Lake, MN 56063Off Market
- $468,5003 bd4 ba2.9k sqft79 Balsam Ln, Madison Lake, MN 56063Off Market
- $465,8000.28 Acres79 Balsam Cir, Madison Lake, MN 56063Off Market
Nearby schools
GreatSchools rating
- 9/10Eagle Lake Elementary SchoolGrades: K-5Distance: 5.5 mi
- 6/10Prairie Winds Middle SchoolGrades: 6-8Distance: 8.5 mi
- 6/10Mankato East Senior High SchoolGrades: 9-12Distance: 8.7 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.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$386,700
2% more
+$7,734
With Zillow Showcase(estimated)
$394,434
- Minnesota
- Blue Earth County
- Madison Lake
- 56063
- 86 Balsam Cir
Nearby cities
Nearby zip codes
Other Madison Lake Topics
