Madison Lake
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About this home
Welcome to Madison Lake! Discover this charming 2-bedroom, 1 1/4-bath home situated on a generous 50' x 142' lot, featuring an impressive oversized 4+ stall garage. The expansive garage offers exceptional versatility—perfect for storage, large gatherings, indoor parking, or hobby, workshop and project space. Creators and DIY enthusiasts will appreciate the thoughtful upgrades, including: 3-wired outlets for welding, mounted heater, cement floor for easy clean up, stereo and speakers are included, 8’ insulated garage door. Ideal for ATVs, lawn equipment, or workshop space. This property provides the space, functionality, and features to fit a variety of lifestyles. Items that stay with the home are Refrigerator, Range/Oven, Microwave, Washer, Dryer, 2-AC Window Units (Livingroom and Upstairs) Schedule your showing today.
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Home facts
Facts & features
Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Bath breakdown
- 1 full / 1 1/4
- Heating
- Forced Air
- Cooling
- Window Unit(s)
- Appliances
- Dryer, Microwave, Range, Refrigerator, Washer
Property
- Levels / stories
- One and One Half
- Garage
- 4 spaces · 28 x 28 · 784 sqft
- Parking features
- Detached Garage, Concrete, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage, RV Access/Parking
- Patio & porch
- Patio
- Exterior features
- Vinyl
- Other structures
- Storage Shed
Construction
- Property type
- Residential
- Property subtype
- Single Family
- Construction materials
- Post and Beam, Frame
- Foundation
- Stone · 320 sqft
- Roof
- Asphalt
- Year built
- 1890
Utilities
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
- Fuel
- Natural Gas
- Electric
- Circuit Breakers, 200+ Amp Service
Community & HOA
- Subdivision
- Madison Lake
- HOA
- No HOA
- School district
- 77 - Mankato
- High school district
- Mankato
Financial & listing details
- Annual tax
- $1,590 (2025)
- Tax with assessments
- 1610
- Listed
- Jan 7, 2026
- Days on market
- 161 · 187 cumulative
- Manufactured home
- Yes
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
505 7th Street, Madison Lake, MN, 56063
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Listing information
Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.
