$41,000
SOLD MAR 5, 2025

38 Evergreen Ln Madison Lake, MN 56063

0.27 Acre
$151,852 Price per Acre
11,761 Sq Ft Lot

Recently Sold

2% Above List Price

182 Days on Market

Highlights

  • High Speed Internet
  • Eagle Lake Elementary School Rated A-
  • Level Lot

About This Lot

As of March 2025

Spacious corner lot available for purchase! This charming property in Madison Lake is the perfect spot to build your dream home. Located just a short 10-minute drive from Mankato, it offers a small-town atmosphere ideal for families. Enjoy creating wonderful memories in this friendly neighborhood that is perfect for raising children.

Last Agent to Sell the Property

Scott Borgmeier

BorgsHomes Realty License #40663204 Listed on: 08/08/2024

Co-Listed By

Jerry Lynch

BorgsHomes Realty License #40517961

Last Buyer's Agent

Non Member

Non-Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $470

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 85 x 140
  • Level Lot
  • Few Trees
  • Finished Lot(s)

Utilities

  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R14.05.26.304.027

Property Details

Property Type

Land

Est. Annual Taxes

$470

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Sub Type: Residential
  • L V T Date: 08/08/2024
  • Parcel Number: R14.05.26.304.027
  • Projected Closed Date: 03/05/2025
  • Street Designation: Lane
  • Taxes With Assessments: 470
  • Estimated Number of Acres: 0.27
  • Additional Information: Platted
  • Development Status: Finished Lot
  • Land Improvements: Curbs/Gutters, Paved
  • Topography: Level
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Available Utilities: Broadband, Cable Tv, City Sewer, Natural Gas, City Garbage
  • On Site Utilities: City Water, City Sewer

Lot Info

  • Lot/Land Description: Tree Coverage - Light, Paved Streets
  • Estimated Lot Dimensions: 85 x 140

Tax Info

  • Year: 2024
  • Tax Value: 470

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2024
Closed on
Mar 5, 2025
Sold by
Tiemann Frank and Tiemann Sharon
Bought by
Rome Reichel Construction Inc
Seller's Agent
Scott Borgmeier
BorgsHomes Realty
Buyer's Agent
Non Member
Non-Member
List Price
$40,000
Sold Price
$41,000
Premium/Discount to List
$1,000
2.5%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
721.76%

Purchase Details

Closed on
Jun 23, 2021
Sold by
Mesenbrink Construction & Engineering In
Bought by
Tiemann Frank and Tiemann Sharon
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $41,000 Platinum Title
Warranty Deed $68,000 St Andrews Title & Exchange
Deed $68,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2025 03/26/25 For Sale $48,500 +18.3% --
03/05/2025 03/05/25 Sold $41,000 -3.5% --
02/06/2025 02/06/25 Pending -- -- --
01/31/2025 01/31/25 Price Changed $42,500 +6.3% --
08/08/2024 08/08/24 For Sale $40,000 -- --
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 $470 $28,100 $28,100 $0
2024 $470 $28,100 $28,100 $0
2023 $504 $28,100 $28,100 $0
2022 $520 $28,100 $28,100 $0
2021 $490 $28,100 $28,100 $0
2020 $474 $28,100 $28,100 $0
2019 $368 $28,100 $28,100 $0
2018 $358 $26,200 $26,200 $0
2017 $346 $26,200 $26,200 $0
2016 $338 $26,200 $26,200 $0
2015 $3 $26,200 $26,200 $0
2014 $330 $78,600 $78,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Borgmeier

    Seller's Agent in 2025

    Scott Borgmeier

    BorgsHomes Realty

    (507) 257-2200

    187 Total Sales

    Scott Borgmeier
    Section Image
  • Jerry Lynch

    Seller Co-Listing Agent in 2025

    Jerry Lynch

    BorgsHomes Realty

    (952) 240-2437

    66 Total Sales

    Jerry Lynch
    Section Image

  • N

    Buyer's Agent in 2025

    Non Member

    Non-Member

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7035641

REALTOR® Association of Southern Minnesota

APN: R14-05-26-304-027

Minnesota Blue Earth County Madison Lake 56063

38 Evergreen Ln, Madison Lake, MN

This home is located at 38 Evergreen Ln, Madison Lake, MN 56063 and is currently priced at $41,000. 38 Evergreen Ln is a home located in Blue Earth County with nearby schools including Eagle Lake Elementary School, Prairie Winds Middle School, and Mankato East Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes