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Listed price in listed location currency (USD).
$199,900

421

MLS® 7039487

Open House
Sat Feb 21, 4:00-6:00 PM UTC
  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1940 sqft
Garage Yes
Taxes $2,045
Days Active 0
Lot Size 0.41 acres
Approx. Age 1890
Avg. Price Per Sqft $103
MLS® Number 7039487

Property Address: 509 Walnut Ave, Madison Lake, MN, 56063-2044

Average square foot calculated using Size range provided by listing agent.

Description

If you’ve been dreaming of small town living with lake views and easy access to Mankato, this Madison Lake home is full of opportunity. Located within walking distance to Madison Lake, The Landing, and convenient local stores, you’ll love the charm of this community and the lifestyle it offers. Morning walks to the lake, dinner down the street, and a quick commute to Mankato make this location hard to beat. Inside, the home is ready for someone to bring their vision and build sweat equity. The main floor features a spacious living room, dining area, office, and kitchen with access to a concrete patio. You’ll also appreciate the convenience of main floor laundry with access to the back deck, where you can relax and take in views of Madison Lake overlooking the nearly half acre lot. A full bathroom completes the main level. Upstairs offers three bedrooms and another full bathroom, providing great separation of space. The basement houses the mechanicals and offers additional storage space. Outside, the almost half acre lot gives you room to garden, play, or simply enjoy the peaceful setting. A one stall detached garage adds extra storage and functionality. If you’re looking for an affordable way to get into a great location and make a home your own, this property is packed with potential and ready for its next chapter.
MLS® Number7039487
Laundry Level
Central VacNo
FireplaceNo
Acreage0.41
Exterior
GarageYes
Approx. Age1890
BasementFull, Block, Unfinished
DrivewayDetached
Garage Spaces1
Heat
A/C
Heating Fuel

Extras

Rooms

Kitchen:Main Floor15 × 13 ft
Bedroom 1:Main Floor12 × 12 ft
Dining Room:Main Floor13 × 16 ft
Master Bedroom:Upper Level15 × 14 ft
Bedroom 2:Upper Level14 × 13 ft
Other:Not available
Bedroom 3:Upper Level15 × 9 ft
Living Room:Main Floor14 × 15 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 20, 2026List Date
$199,900List Price

Home Appraisal

This property is estimated to sell between: $199,000 and $289,000.
Similar properties in this area sold on average for: $259,266
Expected to sell in 37 days. Similar properties sold in 37 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
509 Walnut Ave, Madison Lake, MN

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