NOT LISTED FOR SALE

130 Jacks Dr Madison Lake, MN 56063

Estimated Value: $542,000 - $689,000

4 Beds
2.5 Baths
2,603 Sq Ft
$233/Sq Ft Est. Value

Last Sold August 01, 2018

Last sale price $365,000 $140 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,620/month

Highlights

  • 150 Feet of Waterfront
  • Beach Access
  • Vaulted Ceiling
  • Eagle Lake Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of August 2018

150 feet of private lakeshore on Lake Ballantyne with public sewer. Over 2,000 square feet on main floor, 4 stall garage, 4 bedroom, 3 bathrooms. Totally renovated and redecorated. Main floor: Open floor plan, combination living & dining, fireplace, window seat, remodeled kitchen with granite countertops, new appliances; handy 1/2 bath & laundry; 3 bedrooms, 2 bathrooms; large master bedroom with fireplace, beautiful updated bath, walk-in closet; large sunroom facing lake. Basement: large family room; 4th bedroom; mechanical room. Special assessments of approximately $21,300 to be assumed by Buyers or added to price and sellers will pay at closing.

Last Agent to Sell the Property

Karla Van Eman

AMERICAN WAY REALTY License #00289588 Listed on: 05/11/2018

Last Buyer's Agent

Jeff Kaul

CENTURY 21 ATWOOD License #003236510

CENTURY 21 ATWOOD

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,134

Year Built

  • 1997

Lot Details

  • 0.93 Acre Lot
  • Lot Dimensions are 150x270
  • 150 Feet of Waterfront
  • Lake Front
  • Property fronts a county road

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Steel Siding

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Block Basement Construction
  • Basement Window Egress

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Beach Access
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Water Softener Leased

Listing and Financial Details

  • Assessor Parcel Number R37.05.28.351.003

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,134

Year Built

1997

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Natural Woodwork, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups, Combination Windows (L), Smoke Alarms (L)
  • Amenities Exterior: Deck
  • Estimated Number of Acres: 0.93
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 2003
  • L V T Date: 05/16/2018
  • Mechanicals: Water Softener-Rented
  • Parcel Number: R37.05.28.351.003
  • Stories: 1 Story
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1997

Interior Features

  • Dining Room: Breakfast Bar, Combine with Living Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Master, Main Floor 1/2 Bath, Main Floor Full Bath, Private Master
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Living Room, 27.7x16.5, On Level: Main
  • Room 2: Kitchen, 23x9.6, On Level: Main
  • Room 3: Master Bedroom, 22x15, On Level: Main
  • Room 4: Bedroom, 11x11, On Level: Main
  • Room 5: Bedroom, 11x10.6, On Level: Main
  • Room 6: Sunroom/Solarium, 28x11.5, On Level: Main
  • Room 7: 25.7x12.9, On Level: Basement
  • Room 8: Bedroom, 11x10, On Level: Basement
  • Basement Features: Egress Windows, Finished, Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 2003
  • Below Grade Finished Sq Ft: 600
  • Tot Above Grade Sq Ft: 2003
  • Total Fin Square Footage: 2603
  • Total Square Footage: 2759
  • Tot Below Grade Sq Ft: 756

Exterior Features

  • Frontage Road: County, Gravel
  • Waterfront Name: Ballantyne
  • Construction Type: Frame/Wood
  • Exterior: Steel
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 150
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 4
  • Garage Square Footage: 1080

Utilities

  • Cooling: Central
  • Fuel: Propane - Tank Rented
  • Heat: Forced Air
  • Sewer: City
  • Water: Shared

Schools

  • Mankato Schools: Mankato East, Eagle Lake Elementary, Prairie Winds Middle

Lot Info

  • Estimated Lot Dimensions: 150x270
  • Lot/Land Description: Accessible Shoreline

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2018
Closed on
Aug 1, 2018
Sold by
Jtsm Properties Llc
Bought by
Lemke Daniel R and Lemke Jacquelyn A
Seller's Agent
Karla Van Eman
AMERICAN WAY REALTY
Buyer's Agent
Jeff Kaul
CENTURY 21 ATWOOD
List Price
$425,000
Sold Price
$365,000
Premium/Discount to List
-$60,000
-14.12%
Current Estimated Value
$606,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,970
Avg. Annual Appreciation
7.28%
Original Mortgage
$121,000
Outstanding Balance
$73,863
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$533,107

Purchase Details

Closed on
Jan 16, 2018
Sold by
Bank Of America
Bought by
Jtsm Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,200
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2013
Sold by
Haefner Brothers Llc
Bought by
Lilas Properties Llc

Purchase Details

Closed on
Apr 7, 2009
Sold by
Bank Of New York Mellon
Bought by
Dillon Barbara R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,793
Interest Rate
5.05%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lemke Daniel R $365,000 Stewart Title
Jtsm Properties Llc $206,500 --
Lilas Properties Llc $115,000 North American Title
Dillon Barbara R $283,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lemke Daniel R $121,000
Previous Owner Jtsm Properties Llc $165,200
Previous Owner Dillon Barbara R $275,793
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2018 08/01/18 Sold $365,000 -8.7% $140 / Sq Ft
07/05/2018 07/05/18 Pending -- -- --
06/11/2018 06/11/18 Price Changed $399,900 -5.9% $154 / Sq Ft
05/11/2018 05/11/18 For Sale $425,000 -- $163 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

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 $5,134 $581,900 $141,700 $440,200
2024 $5,134 $538,800 $141,700 $397,100
2023 $4,552 $538,800 $141,700 $397,100
2022 $4,098 $500,600 $141,700 $358,900
2021 $3,970 $411,600 $141,700 $269,900
2020 $6,166 $383,200 $141,700 $241,500
2019 $5,678 $383,200 $141,700 $241,500
2018 $5,588 $341,500 $141,700 $199,800
2017 $5,226 $331,500 $141,700 $189,800
2016 $5,194 $303,000 $141,700 $161,300
2015 $53 $293,500 $141,700 $151,800
2014 $2,744 $301,000 $141,700 $159,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7017694

REALTOR® Association of Southern Minnesota

APN: R37-05-28-351-003