503 2nd Street
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About this home
Build in the heart of Southern Minnesota with the flexibility you’ve been looking for! This desirable lot at 503 2nd St SE offers no HOA and no restrictive covenants, giving you more freedom to build a home that fits your vision. Underground utilities are already in place, including electric, city water, sewer, and fiber optic cable, with no upcoming assessment for utility installation—a major advantage when planning your build. Madelia is a central Southern Minnesota location, approximately 30 minutes from Mankato, New Ulm, and Fairmont, making it easy to enjoy the amenities of larger communities while coming home to a lively small-town atmosphere. Madelia’s downtown offers local shops, restaurants, businesses, community events, and plenty of activity throughout the year. With a welcoming community and plenty happening throughout the year, Madelia offers both convenience and character. If you've been waiting for the right place to build, this lot is ready for your vision—with the infrastructure already in place and the freedom to make it your own.
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Home facts
Facts & features
Interior
- Bathrooms
- 0
Property
- Lot size
- 0.3 acres
- Lot dimensions
- Irregular
- Lot features
- Underground Utilities
- Road frontage
- City Street
- Road responsibility
- Public Maintained Road
- Parcel #
- 176000110
Construction
- Property type
- Land
Utilities
- Utilities
- Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Underground Utilities Available, Underground Utilities Connected, Water Available, Water Connected
Community & HOA
- HOA
- No HOA
- School district
- 837 - Madelia
- High school district
- Madelia
Financial & listing details
- Annual tax
- $0 (2026)
- Listed
- Aug 25, 2026
- Days on market
- 34
- Inclusions
- Survey Stakes,Torrens
Interior details
Exterior & lot
Utilities
Parking & garage
Financial details
Schools
How SODL buyer credits work
When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.
- Tour homes with SODL’s flexible showing network
- Submit offers and manage your transaction through the platform
- Keep more money at closing through transparent flat-fee pricing
A clear, modern way to buy with expert guidance and meaningful savings.
Estimated monthly payment
These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.
Location
503 2nd Street, Madelia, MN, 56062
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Listing information
Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.
