505 7th Street, Madison Lake, MN 56063 - Photo 1

1/1

$182,000

Sold
Closed
Single Family
2 Beds
1 Full Bath
1 Partial Bath
920 Sq. Ft.
4 Car Garage
Updated 4 days ago

1/1

Property Description

Welcome to Madison Lake! Discover this charming 2-bedroom, 1 1/4-bath home situated on a generous 50' x 142' lot, featuring an impressive oversized 4+ stall garage. The expansive garage offers exceptional versatility-perfect for storage, large gatherings, indoor parking, or hobby, workshop and project space. Creators and DIY enthusiasts will appreciate the thoughtful upgrades, including: 3-wired outlets for welding, mounted heater, cement floor for easy clean up, stereo and speakers are included, 8' insulated garage door. Ideal for ATVs, lawn equipment, or workshop space. This property provides the space, functionality, and features to fit a variety of lifestyles. Items that stay with the home are Refrigerator, Range/Oven, Microwave, Washer, Dryer, 2-AC Window Units (Livingroom and Upstairs) Schedule your showing today.

Full Property Details

Full Property Details for 505 7th St

General

Sold For: $182,000
Taxes: $1,590 (2025)
Status: Closed
Type: Single Family
Source: NorthStarMLS_RMLS
MLS ID: 7006052
Added to Site: 167 day(s) ago

Parking

Garage: Yes
Garage Description: 28 x 28
Garage Spaces: 4
Parking Features: Detached Garage, Concrete, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage, RV Access/Parking

School Information

School District: 77 - Mankato
High School District: Mankato

Heating & Cooling

Cooling Type: Window Unit(s)
Heating Type: Forced Air
Heating Fuel: Natural Gas

Utilities

Sewer: City Sewer Connected
Water: City Water (Connected)

Additional Structures

Other Structures: Storage Shed

Financial Considerations

Tax Amount: $1,590
Tax Year: 2025
Terms: Conventional, VA, FHA, Cash, Rural Development

Disclosures and Reports

Legal Description: MADISON LAKE TOWNSITE 017 019 00
Property ID: R140534261002

Listed by Home Run Realty
Sold by EXIT Realty - Great Plains

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— 505 7th St —

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Schools

Schools serving 505 7th St

School District:Mankato Public School District

Name	Grades	Distance
Eagle Lake Elementary School 500 Le Sueur Avenue, Eagle Lake, MN 56024	K-5	4.5 mi
Prairie Winds Middle School 1200 Prairie Winds Drive, Mankato, MN 56001	6-8	8.3 mi
Mankato East Senior High School 2600 Hoffman Road, Mankato, MN 56001	9-12	7.9 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 505 7th St

Date

Details

Price

Change

Source

6/18/2026

Sold

$182,000

-1.57%

MLS

5/04/2026

Price Reduced

$184,900

-5.13%

MLS

4/15/2026

Price Reduced

$194,900

-2.5%

MLS

3/18/2026

Price Reduced

$199,900

-2.44%

MLS

2/04/2026

Price Reduced

$204,900

-4.65%

MLS

1/07/2026

Listed

$214,900

—

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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Single Family
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4
Beds
3
Total Baths
3,026
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4
Beds
3
Total Baths
3,062
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Price Reduced

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$485,000

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Single Family
Active
Updated 5 days ago

3
Beds
2
Total Baths
1,814
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Listed by eXp Realty

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Single Family
Active
Updated 5 days ago

5
Beds
4
Total Baths
3,446
Sq. Ft.

Listed by eXp Realty

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Price Reduced

-$64,900 (-11.49%)

$500,000

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Commercial
Active
Updated 6 hours ago

0.239
Acres

Listed by RE/MAX Results

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Price Reduced

-$4,100 (-2.19%)

$182,900

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Single Family
Active
Updated 6 days ago

4
Beds
2
Total Baths
2,114
Sq. Ft.

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Sold

$200,000

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Single Family
Closed

4
Beds
2
Total Baths
1,288
Sq. Ft.

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Sold

$191,000

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Single Family
Closed

4
Beds
1
Total Bath
1,274
Sq. Ft.

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Sold

$206,000

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Single Family
Closed

3
Beds
3
Total Baths
1,200
Sq. Ft.

Listed by Associated, REALTORS
Sold by Action Realty of Mankato

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Sold

$159,000

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Duplex
Closed

2
Beds
2
Total Baths
1,296
Sq. Ft.

Listed by Landmark Realtors, LLC
Sold by True Real Estate

505 7th Street, Madison Lake, MN 56063 (MLS# 7006052) is a Single Family property that was sold at $182,000 on June 18, 2026. Want to learn more about 505 7th Street? Do you have questions about finding other Single Family real estate for sale in Madison Lake? You can browse all Madison Lake real estate or contact a Coldwell Banker agent to request more information.

505 7th St Madison Lake, MN 56063