Listed at
$489,900
$184/sqft

58 Balsam Lane

58 Balsam Lane, Madison Lake, MN, 56063
5  Bedrooms3  Bathrooms2,663  Square Feet0.33  Acres
Days on market42
Year built2017
Garage spaces3
TypeResidential
Est. $11,697buyer credit when you buy with SODL
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About this home

Looking for a great location? 58 Balsam Lane in Madison Lake offers 5 bedrooms, 3 bathrooms, 3-stall garage, plus a shed; all located on a beautiful, landscaped lot. The deck and pergola off the back of the home offers privacy along with views of the large adjoining pond. The main level features an open layout, 3 bedrooms, 2 bathrooms, laundry, plus no steps while entering the home! The lower level offers ample natural light from the large windows and a fireplace in the large family/rec room. You will also find 2 more bedrooms, a bathroom, the mechanical room, and storage rooms. Note: Photos were taken before furniture was removed from the home.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built2017
LevelsOne
Living area2,663 sqft
Above-grade finished1,563 sqft
Below-grade finished1,100 sqft
Lot size0.33 acres (84x143x109x158)
Days on market42
ListedAug 17, 2026
MLS #NST7128435
CountyBlue Earth
Parcel #R140526303020

Facts & features

Interior

Bedrooms
5
Bathrooms
3
Bath breakdown
2 full / 1 3/4
Heating
Forced Air, Fireplace(s)
Cooling
Central Air
Appliances
Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Rented

Property

Levels / stories
One
Garage
3 spaces · 35x23 · 882 sqft
Parking features
Attached Garage
Patio & porch
Deck
Exterior features
Vinyl
Other structures
Storage Shed

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Frame
Foundation
Block · 1,563 sqft
Roof
Asphalt
Year built
2017

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas

Community & HOA

HOA
No HOA
School district
77 - Mankato
High school district
Mankato

Financial & listing details

Annual tax
$6,812 (2026)
Listed
Aug 17, 2026
Days on market
42
Manufactured home
Yes

Interior details

Total bathrooms3
Full baths2
3/4 baths1
Half baths0
1/4 baths0
BasementFinished, Full
HeatingForced Air, Fireplace(s)
CoolingCentral Air
Fireplaces1
LaundryMain Level
AppliancesDishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Rented
DiningInformal Dining Room
AccessibilityNone
Special features3 BR on One Level, Main Floor Bedroom, Main Floor Laundry

Exterior & lot

ExteriorVinyl
RoofAsphalt
FoundationBlock
Foundation area1,563 sqft
Patio/porchDeck
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage
Garage spaces3
Garage size882 sqft

Financial details

Annual taxes$6,812
Tax year2026
Taxes w/ assessments6812
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District77 - Mankato
District number77
District phone5073871868
High schoolMankato
SODL flat fee brokerage
$11,697Estimated buyer credit
SODL platform fee $3,000Your buyer credit $11,697

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

$3,306/mo
Principal & interest$2,575
Property taxes$568
Home insurance (est.)$163
%
$97,980
0%50%
Credit score
Loan term

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

58 Balsam Lane, Madison Lake, MN, 56063

Listing information

MLS #NST7128435
StatusActive
Last updatedSep 9, 2026, 4:18 PM
Originally listedAug 17, 2026, 12:00 PM
Listing officeLandmark Realtors, LLC

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

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.