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$149,900   Price Analysis
Agent Details  share icon     map icon  QR
505 5th St
Madison Lake, MN 56063
3 bed 2 bath 1,327 SqFt ($112/SqFt)
0.25 acre lot. Built 1940
Listed 2024-03-05, Taxes $1,500
USDA Eligible
near Madison Lake, MN
 

Adorable three bedroom one-story situated on a sizeable lot in central Madison Lake.

* Sale Pending *

Notable updates since 2017 include roof, furnace, A/C, electrical panel, watr heater and appliances. Main floor consists of primary bedroom with large closet and attached full bath, c ombined living room and kitchen, half bath and dining room overlooking the rear yard.

Lower level contains two new bedrooms, unfinished laundry/storage area and potential to add a bathroom. Professionally repaired foundation carries a warranty for added peace of mind.


Presented by Tana Stoufer at
True Real Estate.
Listing Agent Photo

Property MLS #7034384 from Mankato

Bedrooms: 3
Bedroom 1 Dimensions: 17.1 x 9.3
Bedroom 2 Dimensions: 12.6 x 9.8
Bedroom 3 Dimensions: 12.6 x 10.9
Bedroom 1 Level: Main
Bedroom 2 Level: Lower
Bedroom 3 Level: Lower

Total Bathrooms: 2
Full Bathrooms: 1
1/2 Bathrooms: 1
Bathroom 1 Description: Full Primary, Main Floor 1/2 Bath

Dryer
Range/Stove
Refrigerator
Washer

Laundry Room: 5.9 x 15.3
Laundry Room Level: Lower
Basement Features: Egress Windows, Partially Finished, Sump Pump
Living Room Dimensions: 17.1 x 11.2
Living Room Level: Main
Basement Description: Partial
Extra Room-1 Description: No

Cooling Features: Central
Heating Features: Forced Air
Heating Fuel: Natural Gas

Dining Room Description: Informal Dining Room
Dining Room Dimensions: 7.9 x 15.3
Dining Room Level: Main
Kitchen Level: Main

Lot Size Acres: 0.25
Lot Size Dimensions: 71 x 152
Lot Size Square Feet: 10890

Garage Spaces: 1
Garage Description: Detached

Association: No
Calculated Total Monthly Association Fees: 0

School District: Mankato #77

Eagle Lake Elementary School is a public elementary school located approximately 4.6 miles away.
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Mankato East Senior High School is a public high school located approximately 8 miles away.
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Prairie Winds Middle School is a public middle school located approximately 8 miles away.
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All Sts. Catholic School is a private elementary school located approximately 0.1 miles away.
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Water Heater-Electric
Sump Pump
Annual Tax Amount: 1030
Source Listing Status: PENDING
County: Blue Earth County
Directions: Hwy 14 to Hwy 60 East to Madison Lake; left on to 5th Street; Home is on your right.
Tax Year: 2023
Source Property Type: SINGLE FAMILY
Area: EGLE LK/T. MADIS
Source Neighborhood: EGLE LK/T. MADIS
Ownership Type: No
Parcel Number: R14.05.34.263.011
Property Subtype: Single Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$51,000
$1,500
2021$unknown + $unknown
$50,700
$1,462
2020$unknown + $unknown
$45,100
$1,358
2019$unknown + $unknown
$45,800
$1,376
2018$54,900 + $21,300
$76,200
$1,712
2017$50,700 + $21,300
$72,000
$1,624
2016$49,600 + $21,300
$70,900
$1,564
2015$44,800 + $21,300
$66,100
$862
2014$44,800 + $21,300
$66,100
$862
2013$44,200 + $21,300
$65,500
$932
2012$45,900 + $21,300
$67,200
$956
2009$55,300 + $21,300
$76,600
$960

Listed 2024-03-05
$149,900
NorthstarMLS
Listed 2024-03-05
$149,900
Mankato
Sold 2017-04-26
$58,000
Public Record

Total Square Feet Living: 1327
Year Built: 1940
Above Grade Finished Area: 685
BelowGradeFinishedArea: 273
Building Exterior Type: Steel
Foundation Area: 616
Foundation Details: Concrete Block
Property Age: 84
Property Condition: Previously Owned
Roof: Metal
Levels or Stories: 1
Structure Type: Frame/Wood
House Style: SF Single Family
Total Area Sqft: 958

Sewer: City
Water Source: City
Click Thumbnail Images To View Full Size
house_viewliving_roomliving_roomkitchenkitchen
dining_roombedroombedroombathroombathroom
kitchenbedroombedroomunknownunknown
laundry_roomhouse_viewyardgarageunknown
house_viewhouse_view

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.