NOT LISTED FOR SALE

61630 Nutmeg Rd Madison Lake, MN 56063

Estimated Value: $647,000 - $843,000

2 Beds
3.5 Baths
2,666 Sq Ft
$274/Sq Ft Est. Value

Sale Details

Date Sold: January 14, 2025

Last sale price $656,000 $246 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,907 / mo

183 Days on Market

Highlights

  • 155 Feet of Waterfront
  • Beach Access
  • Deck
  • Eagle Lake Elementary School Rated A-
  • Heated Floors
  • Vaulted Ceiling

About This Home

As of January 2025

Designed by the architect owner, this lake home is truly one of a kind! Situated on a beautiful lot on Ballantyne Lake near Mankato is this 4,000+ sq ft home w/ 2 beds/4 baths, vaulted ceilings, oversized windows, skylights & an incredible screen porch to relax & enjoy views of the lake without those pesky mosquitoes. The main level requires no steps to enter & accommodates one-level living. Includes an owner's suite w/ gas fireplace, walk-in closet & spa tub in the private bath; a spacious living room w/ gas fireplace & office area, eat-in kitchen w/ abundant storage, 1/2 bath, laundry w/ utility sink & attached garage. The 2nd level: bedroom, Â3⁄4 bath, large landing area for a family room & a storage room. The lower level walk-out is finished w/ the exception of the floor & has a family/rec room, wet bar area, 1/2 bath, shop/storage room & 2 tuck-under garages. Outside you'll find a sprawling lawn that leads down to the undeveloped lakeshore w/ endless options for fun on the water!

Last Agent to Sell the Property

Angela Elliott

Edina Realty Inc. Mankato License #40660975 Listed on: 06/14/2024

Edina Realty Inc.  Mankato

Co-Listed By

Non Member

Non-Member

Last Buyer's Agent

Tana Stoufer

REALTY EXECUTIVES ASSOCIATES License #40370327

REALTY EXECUTIVES ASSOCIATES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,778

Year Built

  • Built in 2008

Lot Details

  • 42,689 Sq Ft Lot
  • Lot Dimensions are 155x280
  • 155 Feet of Waterfront
  • Lake Front
  • Landscaped with Trees

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Steel Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,666 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Dishwasher
  • Disposal

Flooring

  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Car Attached Garage
  • Tuck Under Garage
  • Garage Door Opener
  • Gravel Driveway

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Beach Access
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Boiler Heating System
  • Private Water Source
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number R14.05.27.351.002

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,778

Year Built

Built in 2008

Lot Details

0.98 Acres

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Garage Door Opener, Natural Woodwork, Skylight, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups, Wet Bar, Smoke Alarms (L), CO Detectors (L)
  • Amenities Exterior: Deck, Driveway - Gravel
  • Estimated Number of Acres: 0.98
  • Assessments: Unknown
  • Beach Type: Weeds/Reeds
  • Construction: Previously Owned
  • Foundation Size: 1882
  • L V T Date: 06/13/2024
  • Mechanicals: Air to Air Exchange, Water Heater-Gas, Water Softener-Owned, Sump Pump, Circuit Breaker
  • Parcel Number: R14.05.27.351.002
  • Stories: 2 Story
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan/Hood, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: 1/2 Basement, Full Primary, Main Floor 1/2 Bath, Main Floor Full Bath, Private Primary, Upper Level Bath
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 1: Kitchen, 18.10x13.4, On Level: Main
  • Room 2: Dining Room, 13.3x13.4, On Level: Main
  • Room 3: Living Room, 32.4x14.9, On Level: Main
  • Room 4: Laundry Room, 8.2x6.5, On Level: Main
  • Room 5: Primary Bedroom, 14.10x14.9, On Level: Main
  • Room 6: Bedroom, 20.10x13.5, On Level: Upper
  • Room 7: 14.4x12.9, On Level: Upper
  • Room 8: Rec Room, 33.4x14.9, On Level: Lower
  • Room 9: Storage Room, 18.7x12.3, On Level: Lower
  • Basement Features: Sump Pump, Unfinished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 2666
  • Tot Above Grade Sq Ft: 2666
  • Total Fin Square Footage: 2666
  • Total Square Footage: 4548
  • Tot Below Grade Sq Ft: 1882

Exterior Features

  • Waterfront Name: Ballantyne
  • Construction Type: Concrete Block, Frame/Wood
  • Exterior: Steel
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 155
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached, Tuckunder
  • Garage Capacity: 4

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Boiler, Fireplace, Forced Air, In Floor, Hot Water
  • Sewer: City
  • Water: City, Private

Lot Info

  • Estimated Lot Dimensions: 155x280
  • Lot/Land Description: Accessible Shoreline, Landscaped, Tree Coverage - Medium, Paved Streets

Building Info

  • Year Built: 2008

Tax Info

  • Year: 2024
  • Tax Value: 9778

MLS Schools

  • School District: Mankato #77

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Jan 7, 2025
Sold by
Bought by
Seller's Agent
Angela Elliott
Edina Realty Inc. Mankato
Buyer's Agent
Tana Stoufer
REALTY EXECUTIVES ASSOCIATES
List Price
$760,000
Sold Price
$656,000
Premium/Discount to List
-$104,000
-13.68%
Views
179
Current Estimated Value
$729,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,680
Avg. Annual Appreciation
7.41%
Original Mortgage
$524,800
Interest Rate
0.0669%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jun 14, 2024
Closed on
Jan 3, 2025
Sold by
Bought by
Seller's Agent
Angela Elliott
Edina Realty Inc. Mankato
Buyer's Agent
Tana Stoufer
REALTY EXECUTIVES ASSOCIATES
List Price
$760,000
Sold Price
$656,000
Premium/Discount to List
-$104,000
-13.68%
Views
179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,800
Interest Rate
0.0669%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase 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 Buyer Sale Price Title Company
$656,000 Near North Title Group
-- None Listed On Document
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $524,800
Source: Public Records

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
01/14/2025 01/14/25 Sold $656,000 +0.9% $246 / Sq Ft
12/14/2024 12/14/24 Pending -- -- --
09/17/2024 09/17/24 Price Changed $650,000 -3.7% $244 / Sq Ft
08/23/2024 08/23/24 Price Changed $675,000 -5.6% $253 / Sq Ft
06/19/2024 06/19/24 Price Changed $714,900 -5.9% $268 / Sq Ft
06/14/2024 06/14/24 For Sale $760,000 -- $285 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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
2026 $11,316 $760,900 $121,700 $639,200
2025 $11,316 $768,100 $121,700 $646,400
2024 $9,846 $679,600 $122,000 $557,600
2023 $8,802 $674,600 $122,000 $552,600
2022 $8,134 $580,700 $122,000 $458,700
2021 $7,274 $529,000 $122,000 $407,000
2020 $7,032 $503,900 $122,000 $381,900
2019 $6,970 $503,900 $122,000 $381,900
2018 $6,764 $494,800 $137,200 $357,600
2017 $6,182 $494,800 $137,200 $357,600
2016 $5,688 $467,000 $137,200 $329,800
2015 $57 $440,600 $145,500 $295,100
2014 $4,106 $428,400 $137,200 $291,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7035166

REALTOR® Association of Southern Minnesota

APN: R14-05-27-351-001

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