50 Balsam Ln Madison Lake, MN 56063
Property details
About 50 Balsam Ln
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.
Highlights
Summary
- MLS Number: 6680791
- MLS Name: NORTHSTAR
- Office Name: EXIT Realty - Great Plains Mankato
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Last updated on: 3/12/2025, 12:52:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$348,500
50 Balsam Ln
$4,138
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 15, 2009 | Home Sold | $30,800 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $333,700 | $4,202 |
| 2023 | $313,700 | $3,948 |
| 2022 | $278,500 | $3,360 |
| 2021 | $234,700 | $3,250 |
| 2020 | $219,300 | $2,838 |
| 2019 | $219,300 | $2,604 |
| 2017 | $182,700 | $2,530 |
History based on county public records data.
Nearby schools
9
Eagle Lake Elementary School
Public District EE-5
5.5 mi
•500 Le Sueur Ave
7
Cleveland Elementary
Public District PK-6
7.5 mi
•400 6th St
8
JWP Elementary School
Public District EE-6
8.3 mi
•110 E 3rd St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $71,839. Residents of Madison Lake, MN typically earn between $35k-100k each year. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Dick's Sporting Goods
Dillards
Wal-Mart
Where do the neighbors go to eat?
Texas Roadhouse
Cracker Barrel
Hardee's
What do the neighbors drive?
Subaru
Cadillac
Ram
What do the neighbors listen to?
New Country
News/Talk/Information
Classic Country
Frequently asked questions
About 50 Balsam Ln
This home is located at 50 Balsam Ln in Madison Lake, MN and zip code 56063. This 1,468 square foot home was built in 2010. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 6, 2025 and is currently priced at $348,500.
In February 2025, from all listings sold in Madison Lake, MN there were more than 0 sold above asking price, over 0 sold below and more than 1 were sold right at the asked price. In February 2025 in Madison Lake, MN there were 25% less homes for sale than in January. While the average time on the market in February 2025 was 0 days, the median list price was $368,200.