Date
Details
Price
Change
Source
8/25/2026
Listed
$42,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$42,000 Just Listed
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Property Description
Build your future in Madelia! This desirable cul-de-sac lot offers the flexibility you've been looking for, with no HOA and no restrictive covenants. Underground utilities are already in place, including electric, city water, sewer, and fiber optic cable, with no upcoming assessment for utility installation-a significant advantage that can help simplify the building process and reduce additional costs. Madelia offers a central Southern Minnesota location, approximately 30 minutes from Mankato, New Ulm, and Fairmont. Enjoy the convenience of being close to larger communities while living in a town with a lively downtown featuring local shops, restaurants, businesses, and community events throughout the year. If you've been looking for a place to build with more freedom and fewer restrictions, this lot offers an excellent opportunity to bring your plans to life in Madelia.
Full Property Details
Full Property Details for 501 2nd St SE
General
- Price: $42,000
- Taxes: (2026)
- Status: Active
- Type: Lots/Land
- Source: NorthStarMLS_RMLS
- MLS ID: 7133807
- Updated: 8/26/2026
- Added to Site: 3 day(s) ago
Location
- County: Watonwan
- Township: Madelia
- Driving Directions: Head W on Main Street. Turn L on Flanders Ave SE. Go straight. Lots will be on right.
School Information
- School District: 837 - Madelia
- High School District: Madelia
Utilities
- Utility Description: Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Underground Utilities Available, Underground Utilities Connected, Water Available, Water Connected
Lot Features
- Lot Size (Acres): 0.25
- Lot Dimensions: Irregular
- Frontage: City Street
- Development Status: Subdivided
- Zoning: Residential-Single Family
- Lot Description: Underground Utilities
Financial Considerations
- Tax Year: 2026
- Terms: Conventional, Cash
Disclosures and Reports
- Legal Description: STONE'S SUBD BLOCK-001 LOT-003
- CC&Rs: Yes
- Restrictions: Open
- Inclusions: Survey Stakes, Torrens
- Property ID: 176000120
Listed by True Real Estate
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— 501 2nd St SE —
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NMLS#: 1598647
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Schools
Schools serving 501 2nd St SE
School District:Madelia Public School District
| Name | Grades | Distance |
|---|---|---|
Madelia Elementary School 121 East Main Street, Madelia, MN 56062 | PK-6 | 0.4 mi |
Madelia Secondary 320 Buck Avenue Southeast, Madelia, MN 56062 | 7-12 | 0.2 mi |
Eminnesota Online Academy 320 Buck Avenue Southeast, Madelia, MN 56062 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 501 2nd St SE
Estimate the Cost
Estimate the Cost for 501 2nd St SE
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Listed by Home Run Realty
501 2nd Street SE, Madelia, MN 56062 (MLS# 7133807) is a Lots/Land property with a lot size of 0.25 acres. 501 2nd Street SE is currently listed for $42,000 and was received on August 25, 2026. Want to learn more about 501 2nd Street SE? Do you have questions about finding other Lots/Land real estate for sale in Madelia? You can browse all Madelia real estate or contact a Coldwell Banker agent to request more information.