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$499,900 Just Listed

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 2,663 Sq. Ft.
  • 3 Car Garage
  • Updated 9 hours ago
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Looking for a great location? 58 Balsam Lane in Madison Lake offers 5 bedrooms, 3 bathrooms, 3-stall garage, plus a shed; all located on a beautiful, landscaped lot. The deck and pergola off the back of the home offers privacy along with views of the large adjoining pond. The main level features an open layout, 3 bedrooms, 2 bathrooms, laundry, plus no steps while entering the home! The lower level offers ample natural light from the large windows and a fireplace in the large family/rec room. You will also find 2 more bedrooms, a bathroom, the mechanical room, and storage rooms. Note: Photos were taken before furniture was removed from the home.

Full Property Details for 58 Balsam Ln

General

  • Price: $499,900
  • Taxes: $6,812 (2026)
  • Status: Active
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7128435
  • Updated: 8/17/2026
  • Added to Site: 1 day(s) ago

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Rented

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • 3/4 Bathrooms: 1

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Dining Room: Informal Dining Room
  • Formal Dining Room: Informal Dining Room
  • Laundry: Main Level, Main Level

Exterior

  • Porch/Patio/Deck: Deck

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Description: 35 x 23
  • Garage Spaces: 3
  • Parking Features: Attached Garage

Location

  • County: Blue Earth
  • Township: Madison Lake
  • Driving Directions: Hwy 60 to Madison Lake, North on County Road 26. Right on Evergreen Lane, left on Balsam Lane to home on your left.

School Information

  • School District: 77 - Mankato
  • High School District: Mankato

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air, Fireplace(s)
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Exterior Const.: Frame
  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Finished, Full
  • Foundation Size: 1563
  • Roof: Asphalt
  • Disability Access: None
  • Square Feet: 2,663
  • Above Ground: 1,563 Sq. Ft.
  • Below Ground: 1,563 Sq. Ft.
  • Finished Down/Base.: 3,126 Sq. Ft.
  • Year Built: 2017

Additional Structures

  • Other Structures: Storage Shed

Lot Features

  • Lot Size (Acres): 0.33
  • Lot Dimensions: 84 x 143 x 109 x 158
  • Zoning: Residential-Single Family

Financial Considerations

  • Tax Amount: $6,812
  • Tax Year: 2026
  • Terms: Conventional, VA, FHA, Cash

Disclosures and Reports

  • Legal Description: Lot 10, Block 1, Pines Third Addition, according to the plat thereof on file in the Office of the Blue Earth County Recorder, Minnesota.
  • Property ID: R140526303020

Listed by Landmark Realtors, LLC

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— 58 Balsam Ln —

  • Landmark Realtors, LLC

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 58 Balsam Ln

School District:Mankato Public School District
NameGradesDistance
Eagle Lake Elementary School
500 Le Sueur Avenue, Eagle Lake, MN 56024
K-55.5 mi
Prairie Winds Middle School
1200 Prairie Winds Drive, Mankato, MN 56001
6-89.2 mi
Mankato East Senior High School
2600 Hoffman Road, Mankato, MN 56001
9-128.7 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 58 Balsam Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/17/2026
Listed
$499,900
61.26%
MLS
4/06/2018
Sold
$310,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 58 Balsam Ln

Year
Property Taxes
Change
Tax Assessment
Change
2026
$6,812
—
$443,600
-11%
2026
$6,812
27%
$499,400
19%
2024
$5,374
30%
$419,100
43%
2021
$4,142
-18%
$293,700
-25%
2023
$5,046
—
$393,100
13%
2023
$5,046
43%
$347,800
31%
2020
$3,540
11%
$265,000
11%
2019
$3,176
749%
$238,400
767%
2018
$374
3%
$27,500
—
2017
$362
—
$27,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Landmark Realtors, LLC

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58 Balsam Lane, Madison Lake, MN 56063 (MLS# 7128435) is a Single Family property with 5 bedrooms, 2 full bathrooms and 1 partial bathroom. 58 Balsam Lane is currently listed for $499,900 and was received on August 17, 2026. Want to learn more about 58 Balsam Lane? 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.

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