
401 Walnut Ave Unit 201 Madison Lake, MN 56063
Estimated payment $1,873/month
Highlights
- Dock Facilities
- Beach Access
- Stainless Steel Appliances
- Eagle Lake Elementary School Rated A-
- Lake View
- Porch
About This Home
Live the Lake Life! Own this well-maintained condo and begin enjoying Madison Lake. You’ll find 1274 square feet of living space encompassing the living room with a gas fireplace, kitchen w/breakfast bar, bright dining area, primary bedroom w/walk-in closet & ensuite bath, second bedroom, full guest bath, and laundry room. You’ll appreciate the adjacent secure storage area, spacious bedrooms, hardwood floors, and freshly painted spaces. An abundance of windows throughout and a private balcony allow you to enjoy the beautiful outdoor surroundings and view of the lake. This is the only unit of the 4 Bayview condos that has 2 dedicated stalls in the underground parking garage, and also includes a rental license. Your fun on the water is enhanced with 25 feet of deeded access on Madison Lake along with ownership of half of the dock. Discover small town living with a vacation vibe, live music at local restaurants, and the Sakatah bike trail passing through town. Don’t let this be the One That Got Away - arrange for your private tour today!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,989
Year Built
- Built in 1986
HOA Fees
- $300 Monthly HOA Fees
Parking
- 2 Car Garage
- Common or Shared Parking
Interior Spaces
- 1,274 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Combination Kitchen and Dining Room
- Lake Views
- Basement
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Beach Access
- Dock Facilities
- Porch
Utilities
- Forced Air Heating and Cooling System
Community Details
- Association fees include maintenance structure, lawn care, ground maintenance, parking, sewer, snow removal
- Bayview Condos Association, Phone Number (507) 317-3493
- Low-Rise Condominium
- Condominium 14 Bayview Condo Subdivision
Listing and Financial Details
- Assessor Parcel Number R140534430003
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,164 | $252,800 | $19,300 | $233,500 |
2024 | $3,014 | $218,900 | $19,300 | $199,600 |
2023 | $2,604 | $207,500 | $19,300 | $188,200 |
2022 | $2,070 | $183,700 | $19,300 | $164,400 |
2021 | $1,990 | $155,600 | $19,300 | $136,300 |
2020 | $1,730 | $143,900 | $19,300 | $124,600 |
2019 | $1,524 | $143,900 | $19,300 | $124,600 |
2018 | $1,484 | $129,000 | $13,300 | $115,700 |
2017 | $1,298 | $129,000 | $13,300 | $115,700 |
2016 | $1,232 | $120,000 | $13,300 | $106,700 |
2015 | $11 | $117,700 | $13,300 | $104,400 |
2014 | -- | $107,600 | $13,300 | $94,300 |
Property History
Date | Event | Price | List to Sale | Price per Sq Ft |
---|---|---|---|---|
10/14/2025 10/14/25 | For Sale | $249,900 | -- | $196 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $202,000 | St Andrews Title | |
Warranty Deed | $132,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $105,600 | New Conventional |
About the Listing Agent

Licensed since 2022, I strive to help my clients through the ever changing real estate market. Whether you are buying or selling, I always have your best interests in mind. Because I stay in tune with the local market, I can help provide insight about all aspects of our community. Prior to beginning my real estate career, I gained years of experience in the plumbing industry; this experience has given me knowledge and skills working with large and small projects in existing houses, as well as
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Source: NorthstarMLS
MLS Number: 6803399

APN: R14-05-34-430-003
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