NOT LISTED FOR SALE

116 E Bay Dr Madison Lake, MN 56063

Estimated Value: $670,000 - $925,000

4 Beds
2.5 Baths
3,064 Sq Ft
$251/Sq Ft Est. Value

Sale Details

Date Sold: August 15, 2013

Last sale price $460,000 $150 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,860 / mo

10 Days on Market

Highlights

  • 345 Feet of Waterfront
  • Docks
  • RV Access or Parking
  • Janesville-Waldorf-Pemberton Elementary School Rated 9+
  • Beach Access
  • Heated Floors

About This Home

As of August 2013

One of a kind private lake home with 345 feet of lake shore on Madison Lake in southern Minnesota. Located on a premier 1.7 A landscaped lot this Rambler style walkout has 4 bedrooms plus a unique space with custom built in bunk beds. Enjoy the 3 season fully screened porch or go out onto the very large maintenance free deck overlooking the lake and beautifully landscaped backyard. This home was built to enjoy the lake with large windows all along the back of the home facing the lake. Two fire places, open foyer, wood floors, vaulted ceilings, large aggregate patio, 3 car garage, automatic back up propane fired generator in case you lose power, lawn sprinkler system, professionally landscaped backyard, comes with boat dock with extra sections, and storage shed. The seller has left a majority of the 345 feet of shoreline in its natural state. Call today for your own private showing.

Last Agent to Sell the Property

JIM BEAL

JBEAL REAL ESTATE GROUP License #20211927 Listed on: 07/05/2013

Last Buyer's Agent

Jason Beal

JBEAL REAL ESTATE GROUP License #20276087

Home Details

Home Type

  • Single Family

Year Built

  • 1999

Lot Details

  • 1.7 Acre Lot
  • 345 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Property fronts a county road
  • Street terminates at a dead end
  • Irregular Lot
  • Sprinkler System
  • Landscaped with Trees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Frame Construction
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Wired For Data
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Natural lighting in basement

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • RV Access or Parking

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Beach Access
  • Docks
  • Deck
  • Patio
  • Storage Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Private Water Source
  • Gas Water Heater
  • Private Sewer
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number R39.10.02.251.001

Home Details

Home Type

Single Family

Year Built

1999

Lot Details

1.7 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Ranch/Rambler (L)
  • Amenities: Broadband Available, Ceiling Fans, Eat-In Kitchen, Ethernet Wired, Garage Door Opener, Hardwood Floors, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups, Wet Bar, Double Pane Windows (L), Smoke Alarms (L)
  • Amenities Exterior: Deck, Dock, Driveway - Concrete, Inground Sprinkler System, Patio, Porch, RV Parking
  • Estimated Number of Acres: 1.7
  • Beach Type: Undevelopment
  • Construction: Previously Owned
  • Foundation Size: 1664
  • Mechanicals: Air to Air Exchange, Water Heater-Gas, Sump Pump
  • Parcel Number: R39.10.02.251.001
  • Stories: 1 Story
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Dining Room: Combine with Living Room, Eat-In Kitchen, Open Floor Plan
  • Fireplace: Yes
  • Fireplace Type: In Living Room
  • Appliances: Dishwasher, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor 1/2 Bath, Private Master, Separate Tub & Shower, Whirlpool
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Kitchen, 12x14, On Level: Main
  • Room 2: Dining Room, On Level: Main
  • Room 3: Living Room, 27x19, On Level: Main
  • Room 4: 3 Season Porch, 21x12, On Level: Main
  • Room 5: Master Bedroom, 13x15, On Level: Main
  • Room 6: Bedroom, 11x12, On Level: Main
  • Room 7: On Level: Main
  • Room 8: Laundry Room, 10x12, On Level: Main
  • Room 9: Foyer, 11x12, On Level: Main
  • Room 10: Family Room, 25x30, On Level: Basement
  • Room 11: Bedroom, 12x14, On Level: Basement
  • Room 12: Bedroom, 12x14, On Level: Basement
  • Room 13: Bathroom, On Level: Basement
  • Basement Features: Daylight/Lookout Windows, Finished, Sump Pump, Walkout
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1664
  • Below Grade Finished Sq Ft: 1400
  • Finished Basement Sq Ft: 1400
  • Main Level Finished Sq Ft: 1664
  • Tot Above Grade Sq Ft: 1664
  • Total Fin Square Footage: 3064
  • Total Square Footage: 3328
  • Tot Below Grade Sq Ft: 1664

Exterior Features

  • Frontage Road: County, Dead End/No Outlet, Paved, Private
  • Waterfront Name: Madison
  • Construction Type: Frame/Wood
  • Exterior: Brick, Metal
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 345
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Propane - Tank Rented
  • Heat: Fireplace, Forced Air, In Floor
  • Sewer: Private
  • Water: Private

Lot Info

  • Estimated Lot Dimensions: 74,000
  • Lot/Land Description: Accessible Shoreline, Irregular Lot, Landscaped, Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2013
Closed on
Aug 15, 2013
Sold by
Findley Trust
Bought by
Hansen Travis and Hansen Jorcee
Seller's Agent
JIM BEAL
JBEAL REAL ESTATE GROUP
Buyer's Agent
Jason Beal
JBEAL REAL ESTATE GROUP
List Price
$525,000
Sold Price
$460,000
Premium/Discount to List
-$65,000
-12.38%
Current Estimated Value
$768,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,436
Avg. Annual Appreciation
4.15%
Original Mortgage
$285,000
Outstanding Balance
$213,123
Interest Rate
4.53%
Mortgage Type
New Conventional
Estimated Equity
$555,313
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Hansen Travis $460,000 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hansen Travis $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2013 08/15/13 Sold $460,000 -12.4% $150 / Sq Ft
07/15/2013 07/15/13 Pending -- -- --
07/05/2013 07/05/13 For Sale $525,000 -- $171 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,666 $718,400 $231,700 $486,700
2024 $8,666 $732,300 $231,700 $500,600
2023 $8,490 $695,300 $231,700 $463,600
2022 $8,148 $659,600 $231,700 $427,900
2021 $7,850 $559,400 $231,700 $327,700
2020 $7,828 $509,600 $231,700 $277,900
2019 $7,576 $509,600 $231,700 $277,900
2018 $7,580 $481,900 $231,700 $250,200
2017 $7,458 $468,800 $231,700 $237,100
2016 $7,748 $442,400 $231,700 $210,700
2015 $75 $444,400 $231,700 $212,700
2014 $5,440 $444,400 $231,700 $212,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    JIM BEAL

    JBEAL REAL ESTATE GROUP

    (507) 381-4961

    17 Total Sales

    JIM BEAL
    Section Image
  • Jason Beal

    Buyer's Agent in 2013

    Jason Beal

    JBEAL REAL ESTATE GROUP

    (507) 381-1060

    180 Total Sales

    Jason Beal
    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7003009

REALTOR® Association of Southern Minnesota

APN: R39-10-02-251-001

Minnesota Blue Earth County Madison Lake 56063

116 E Bay Dr, Madison Lake, MN

Not Listed for Sale

Detached

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