408 Chestnut Ave Madison Lake, MN 56063
Estimated payment $1,024/month
Total Views
213
2
Beds
1
Bath
1,010
Sq Ft
$168
Price per Sq Ft
Highlights
- Main Floor Primary Bedroom
- Mud Room
- Living Room
- Eagle Lake Elementary School Rated A-
- No HOA
- Forced Air Heating System
About This Home
Welcome to this charming 2+ bedroom home in Madison Lake! The main level features an enclosed porch that makes the perfect mudroom, an eat-in kitchen, full bathroom and two versatile rooms that can serve as living and dining spaces - or even a main floor bedroom or den. Upstairs you'll find a walk-through bedroom with closet space, leading to the second bedroom. The unfinished block basement includes the laundry area and offers plenty of storage with the opportunity to finish for additional living space. Outside, enjoy a nice-sized, partially fenced in backyard, garden space featuring established asparagus growing, and a cozy firepit perfect to sit by in the upcoming fall weather. A detached 1-stall garage adds convenience for storing your vehicle or yard tools. Just minutes away from Duck Lake, Lake Ballantyne, and Madison Lake, this home is a great find for lake lovers looking for small-town charm.
Listing Agent
Realty Executives Associates Brokerage Phone: 507-317-9338 Listed on: 09/02/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,250
Year Built
- Built in 1900
Lot Details
- 6,186 Sq Ft Lot
- Lot Dimensions are 62x100
- Partially Fenced Property
Parking
- 1 Car Garage
Interior Spaces
- 1,010 Sq Ft Home
- 1.5-Story Property
- Mud Room
- Living Room
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Utilities
- Forced Air Heating System
Community Details
- No Home Owners Association
- Madison Lake Subdivision
Listing and Financial Details
- Assessor Parcel Number R140534259006
Map
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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 | $1,994 | $157,900 | $15,800 | $142,100 |
| 2024 | $1,994 | $123,200 | $15,800 | $107,400 |
| 2023 | $1,894 | $115,900 | $15,800 | $100,100 |
| 2022 | $1,678 | $103,200 | $15,800 | $87,400 |
| 2021 | $1,646 | $87,600 | $15,800 | $71,800 |
| 2020 | $1,514 | $81,200 | $15,800 | $65,400 |
| 2019 | $1,446 | $81,200 | $15,800 | $65,400 |
| 2018 | $1,782 | $76,200 | $15,800 | $60,400 |
| 2017 | $1,688 | $76,200 | $15,800 | $60,400 |
| 2016 | $924 | $71,500 | $15,800 | $55,700 |
| 2015 | $8 | $70,300 | $15,800 | $54,500 |
| 2014 | -- | $65,000 | $15,800 | $49,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2025 09/02/25 | For Sale | $170,000 | +325.0% | $168 / Sq Ft |
| 10/14/2014 10/14/14 | Sold | $40,000 | -19.8% | $39 / Sq Ft |
| 09/19/2014 09/19/14 | Pending | -- | -- | -- |
| 08/01/2014 08/01/14 | For Sale | $49,900 | -- | $49 / Sq Ft |
Source: NorthstarMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $88,800 | North American Title | |
| Deed | $88,800 | -- | |
| Warranty Deed | -- | Stewart Title | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $91,200 | New Conventional | |
| Closed | $88,300 | No Value Available | |
| Closed | $89,696 | New Conventional | |
| Previous Owner | $32,000 | Commercial | |
| Previous Owner | $79,600 | New Conventional |
Source: Public Records
Similar Home in Madison Lake, MN
Source: NorthstarMLS
MLS Number: 6782900
APN: R14-05-34-259-006
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