Located on a wonderful corner lot with mature trees, alley access, and a large 26x26 detached garage, this property offers endless potential. The home itself is in poor condition and will require extensive repairs or full demolition—perfect for those looking to rebuild or start fresh. Bring your vision and take advantage of this great Madison Lake location to create something truly special!
Active
$42,500
200 7th St, Madison Lake, MN 56063
3beds
1,154sqft
Est.:
Single Family Residence
Built in 1890
6,969.6 Square Feet Lot
$-- Zestimate®
$37/sqft
$-- HOA
What's special
Alley accessMature treesCorner lot
- 30 days |
- 2,196 |
- 64 |
Zillow last checked: 8 hours ago
Listing updated: November 11, 2025 at 10:20am
Listed by:
Chad Ziemke,
Century 21 Atwood
Source: RASM,MLS#: 7039046
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- None, Other
Cooling
- None
Features
- Basement: Other,None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,154
- Total interior livable area: 1,154 sqft
- Finished area above ground: 1,154
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Levels: 1.25 - 1.75 Story
- Stories: 1
Lot
- Size: 6,969.6 Square Feet
- Dimensions: 142 x 50
Details
- Additional structures: Garage(s)
- Foundation area: 0
- Parcel number: R140534251002
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame/Wood, Other
Condition
- Previously Owned
- New construction: No
- Year built: 1890
Utilities & green energy
- Sewer: City
- Water: Public
Community & HOA
Location
- Region: Madison Lake
Financial & listing details
- Price per square foot: $37/sqft
- Tax assessed value: $97,400
- Annual tax amount: $1,350
- Date on market: 11/11/2025
Estimated market value
Not available
Estimated sales range
Not available
$1,658/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/11/2025 | Listed for sale | $42,500+181.5%$37/sqft |
Source:  RASM #7039046 Report a problem | ||
| 9/2/2025 | Sold | $15,100-69.9%$13/sqft |
Source: Public Record Report a problem | ||
| 3/18/2025 | Sold | $50,120-5.3%$43/sqft |
Source: Public Record Report a problem | ||
| 5/1/2021 | Listing removed | -- |
Source:  RASM Report a problem | ||
| 12/3/2020 | Price change | $52,900-3.6%$46/sqft |
Source: MIDWEST REALTY #7023953 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,368 +4.4% | $97,400 -1.1% |
| 2023 | $1,310 +16.3% | $98,500 +12.1% |
| 2022 | $1,126 +4.6% | $87,900 +20.4% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$215/mo
Principal & interest
$165
Property taxes
$35
Home insurance
$15
Climate risks
Neighborhood: 56063
Nearby schools
GreatSchools rating
- 8/10Eagle Lake Elementary SchoolGrades: K-5Distance: 4.6 mi
- 5/10Prairie Winds Middle SchoolGrades: 6-8Distance: 8.3 mi
- 6/10Mankato East Senior High SchoolGrades: 9-12Distance: 7.9 mi
Schools provided by the listing agent
- Middle: Prairie Winds Middle
- High: Mankato East
- District: Mankato #77
Source: RASM. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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