58 Balsam Lane, Madison Lake, MN 56063 (MLS# 7128435)

58 Balsam Lane, Madison Lake, MN 56063

New Listing
$499,900
Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 3,126 Lot Size (sq. ft.): 14,375 Status: Active
Current Price: $499,900 List Date: 8/17/2026 Last Modified: 8/17/2026

Overview

Description

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.

Listing Details MLS# 7128435

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
Yes
Waterfront YN
No
Year Built
2017
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
2
Bath Three Quarters
Yes
Main Floor Total SqFt
1563
Above Grd Total SqFt
1563
Below Grd Total SqFt
1563
Total SqFt
3126
Total Finished Sqft
2663.00
FireplaceYN
Yes
Style
(SF) Single Family
Foundation Size
1563
Garage Stalls
3
Lot Dimensions
84x143x109x158
Acres
0.33
Assessment Pending
No
Bath Half
0
Bath Quarter
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Central Air Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer Basement: Full Bath Description: Main Floor Full Bath; Private Primary; Full Basement Construction Materials: Frame Construction Status: Previously Owned Dining Room Description: Informal Dining Room Exterior: Vinyl Family Room Characteristics: Lower Level Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Laundry: Main Level Lock Box Type: Supra Roof: Asphalt Shingles Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Special Search: 3 BR on One Level; Main Floor Bedroom; Main Floor Laundry Stories: One Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
499900
ListPrice
499900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
58
Street Name
Balsam
Street Suffix
Lane
Postal City
Madison Lake
County
Blue Earth
State
MN
Zip Code
56063

Assessments

Assessment Balance
20
Tax With Assessments
6812

Building Information

Finished SqFt Above Ground
1563
Finished SqFt Below Ground
1100

More Information

Lease Details

Land Leased
Not Applicable

Lock Box Type

Lock Box Source
RASM
Supra
Yes

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
35x23
Garage Square Feet
882

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
Lot 10, Block 1, Pines Third Addition, according to the plat thereof on file in the Office of the Blue Earth County Recorder, Minnesota.
Listing City
Madison Lake
Map Page
999
Municipality
Madison Lake
School District
Mankato
School District Phone
507-387-1868
Property ID Number
R140526303020
Tax Year
2026
Tax Amount
6812
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
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.
Directions
Hwy 60 to Madison Lake, North on County Road 26. Right on Evergreen Lane, left on Balsam Lane to home on your left.

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Basement

Full
Yes

Bath Description

Main Floor Full Bath
Yes
Private Primary
Yes
Full Basement
Yes

Construction Materials

Frame
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Informal Dining Room
Yes

Exterior

Vinyl
Yes

Family Room Characteristics

Lower Level
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Laundry

Main Level
Yes

Patio, Porch and Deck Features

Deck
Yes

Roof

Asphalt Shingles
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Sewer

City Sewer/Connected
Yes

Special Search

3 BR on One Level
Yes
Main Floor Bedroom
Yes
Main Floor Laundry
Yes

Stories

One
Yes

Water

City Water/Connected
Yes

Room Information

Room Name Dimensions Level
Dining Room 11x10 Main
Family Room 29x12 Basement
Fifth (5th) Bedroom 14x12 Basement
First (1st) Bedroom 15x13 Main
Fourth (4th) Bedroom 14x9 Basement
Kitchen 10x12 Main
Living Room 13x18 Main
Second (2nd) Bedroom 11x10 Main
Third (3rd) Bedroom 14x11 Main
IDX
Listing Office: Landmark Realtors, LLC
Last Updated: August - 17 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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