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50 Balsam Lane

Madison Lake, MN 56063

2 beds
2 baths
1,468 sqft
13,590 sqft lot
$237 per sqft
2010 build
– on site

This charming, well-maintained, one-owner home combines comfort, style, and endless potential! It offers single-level living with all essential spaces on the main floor, while the unfinished basement awaits your creative touch. As you enter through the spacious two-stall garage, you'll find a convenient laundry room and a large pantry. The heart of the home is the kitchen, featuring top-of-the-line electric Gaggenau oven and Gas stove, granite countertops, a generous island, and ample storage options, perfect for both functionality and display. The kitchen flows seamlessly into the living room and overlooks a private backyard, providing a peaceful retreat for relaxation, barbecues, or enjoying your morning coffee. The yard has an inground sprinkler system and mature trees; including cherry and apple trees. The expansive deck is ideal for outdoor entertaining, and a side patio with a greenhouse offers even more possibilities. Inside, you'll find two cozy bedrooms and an office or great room. With two bathrooms, including one with a walk-in shower and air tub, this home is ready for you to move in and make it your own! Some photos are virtually staged.

Listing courtesy of NORTHSTAR / Reanne Meyer / EXIT Realty - Great Plains Mankato

Last checked: Checking… • Last updated Mar 10, 2025 •

MLS# 6680791 —

The Building

Year Built:

2010
New Construction:

false
Age Of Property:

15
Construction Materials:

Vinyl Siding
Construction Materials Desc:

Frame
Roof:

Asphalt
Accessibility Features:

None
Levels:

One
Main Level Finished Area:

1468.0000
Basement:

Egress Window(s), Full, Concrete, Sump Pump, Unfinished
Basement:

true
Foundation Area:

1468
Manufactured Home:

No
Building Area Total:

2936
Above Grade Finished Area:

1468

Interior

Dining Room Description:

Living/Dining Room
Fireplace:

false
Amenities:

Ceiling Fan(s),Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Patio,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup

Room Dimensions

Living Area:

1468

Location

Directions:

Off 26 turn East on Evergreen Court, go two blocks to Balsam Lane, and turn left (north), and the house will be on the left side in the middle of the block.
Latitude:

44.21702
Longitude:

-93.804791

The Property

Parcel Number:

R140526303018
Zoning Description:

Residential-Single Family
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Additional Parcels:

false
Lot Features:

Irregular Lot, Sod Included in Price, Tree Coverage - Heavy
Lot Size Area:

0.31
Lot Size Dimensions:

149x83
Lot Size SqFt:

13590.72
Lot Size Units:

Acres
Fencing:

None
Water Source:

City Water - In Street
Other Structures:

Greenhouse
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

4182
Tax With Assessments:

4202.0000

Beds

Bedrooms Total:

2

Baths

Total Baths:

2
Bath Description:

Main Floor 3/4 Bath,Main Floor Full Bath,Primary Walk-Thru
Full Baths:

1
Three Quarter Baths:

1

Heating & Cooling

Heating:

Forced Air
Cooling:

Central Air

Utilities

Electric:

Circuit Breakers
Sewer:

City Sewer - In Street

Appliances

Appliances:

Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Water Osmosis System, Refrigerator, Wall Oven, Washer, Water Softener Owned

Schools

High School District:

Mankato

The Community

Subdivision Name:

The Pines Third Add
Association:

false
Assessment Pending:

Unknown

Parking

Parking Features:

Attached Garage, Concrete
Garage Spaces:

2
Garage Dimensions:

28x24
Garage SqFt:

681

Monthly cost estimate

Asking price

$348,500

Expense	Monthly cost
Mortgage	$1,866
Taxes	$348
Insurance	$95
Utilities	$128 See report
Total	$2,437/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
3/6/25 Mar 6, 2025	Listed / Active	NORTHSTAR	$348,500

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This house located in Madison Lake, MN 56063 is currently for sale for $348,500. 50 Balsam Lane is a 1,468 square foot house with 2 beds and 2 baths that has been on Estately for 9 days. This house is in the attendance area of East High School, East Junior High School, and Eagle Lake Elementary School.

Listing Courtesy of: NORTHSTAR and EXIT Realty - Great Plains Mankato.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.