504 2nd St SE Madelia, MN 56062
Estimated payment $292/month
About This Lot
Build your future in Madelia! This desirable cul-de-sac lot offers the flexibility you've been looking for, with no HOA and no restrictive covenants. Underground utilities are already in place, including electric, city water, sewer, and fiber optic cable, with no upcoming assessment for utility installation—a significant advantage that can help simplify the building process and reduce additional costs.
Madelia offers a central Southern Minnesota location, approximately 30 minutes from Mankato, New Ulm, and Fairmont. Enjoy the convenience of being close to larger communities while living in a town with a lively downtown featuring local shops, restaurants, businesses, and community events throughout the year.
If you've been looking for a place to build with more freedom and fewer restrictions, this lot offers an excellent opportunity to bring your plans to life in Madelia.
Listing Agent
True Real Estate Brokerage Email: kelsey@truerealestatemn.com Listed on: 08/25/2026
Property Details
Property Type
- Land
Utilities
- Underground Utilities
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 176000140
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $2,929 | $126,800 | $27,600 | $99,200 |
| 2024 | $5,047 | $114,400 | $27,600 | $86,800 |
| 2023 | $2,677 | $105,600 | $27,600 | $78,000 |
| 2022 | $2,677 | $99,900 | $27,600 | $72,300 |
| 2021 | $2,233 | $82,400 | $16,300 | $66,100 |
| 2020 | $2,146 | $78,600 | $16,300 | $62,300 |
| 2019 | $2,192 | $75,700 | $16,300 | $59,400 |
| 2018 | $2,213 | $70,100 | $16,300 | $53,800 |
| 2017 | $2,479 | $68,600 | $16,300 | $52,300 |
| 2016 | $2,127 | $68,100 | $16,300 | $51,800 |
| 2014 | $661 | $69,200 | $16,300 | $52,900 |
| 2013 | -- | $69,900 | $16,300 | $53,600 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/25/2026 08/25/26 | For Sale | $45,000 | -- | -- |
Source: NorthstarMLS
MLS Number: 7131469
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Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.