NOT LISTED FOR SALE

74 Balsam Ln Madison Lake, MN 56063

Estimated Value: $41,367 - $51,000

0.29 Acre
$157,893 Price per Acre
12,632 Sq Ft Lot

Last Sold March 29, 2019

Last sale price $28,000

Est. 64% increase in value since last sale

Current estimated payment $283/month

About This Lot

As of March 2019

This home is located at 74 Balsam Ln, Madison Lake, MN 56063 since 27 February 2019 and is currently estimated at $45,789. 74 Balsam 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.

Last Agent to Sell the Property

Dennis Terrell

RE/MAX DYNAMIC AGENTS License #20370666 Listed on: 02/27/2019

RE/MAX DYNAMIC AGENTS

Last Buyer's Agent

Christine Gerber

RE/MAX DYNAMIC AGENTS

RE/MAX DYNAMIC AGENTS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $498

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 90 x 140
  • Street terminates at a dead end
  • Level Lot
  • Finished Lot(s)

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include electricity, gas

Listing and Financial Details

  • Assessor Parcel Number R140526303024

Property Details

Property Type

Land

Est. Annual Taxes

$498

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Sub Type: Residential
  • L V T Date: 04/03/2019
  • Parcel Number: R140526303024
  • Street Designation: Lane
  • Estimated Number of Acres: 0.29
  • Additional Information: Survey Stakes, Survey
  • Development Status: Finished Lot
  • Land Improvements: Curbs/Gutters, Dead End/No Outlet
  • Topography: Level
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Available Utilities: Cable Tv, City Water, City Sewer, Electric, Natural Gas, Storm Sewer, Telephone, City Garbage
  • On Site Utilities: City Water, City Sewer, Electric, Natural Gas, Storm Sewer, Telephone

Condo/Co-op/Association

  • HOA Fee Includes: Electricity, Gas

Lot Info

  • Lot/Land Description: Paved Streets, Telephone, Underground Utilities
  • Estimated Lot Dimensions: 90 x 140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2024
Sold by
Giebel Mark and Giebel Kimberly
Bought by
Custom Building Components Inc
Current Estimated Value
$45,789

Purchase Details

Listed on
Feb 27, 2019
Closed on
Mar 15, 2019
Sold by
Mesenbrrink Const & Engineerin
Bought by
Giebel Mark R and Giebel Kimberly A
Seller's Agent
Dennis Terrell
RE/MAX DYNAMIC AGENTS
Buyer's Agent
Christine Gerber
RE/MAX DYNAMIC AGENTS
List Price
$28,000
Sold Price
$28,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Custom Building Components Inc $40,000 --
Giebel Mark R $28,000 Stewart Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2019 03/29/19 Sold $28,000 0.0% --
02/28/2019 02/28/19 Pending -- -- --
02/27/2019 02/27/19 For Sale $28,000 -- --
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 $498 $29,800 $29,800 $0
2024 $498 $29,800 $29,800 $0
2023 $438 $29,800 $29,800 $0
2022 $452 $29,800 $29,800 $0
2021 $428 $29,800 $29,800 $0
2020 $414 $29,800 $29,800 $0
2019 $390 $29,800 $29,800 $0
2018 $378 $27,800 $27,800 $0
2017 $366 $27,800 $27,800 $0
2016 $358 $27,800 $27,800 $0
2015 $4 $27,800 $27,800 $0
2014 $348 $83,400 $83,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Dennis Terrell

    Seller's Agent in 2019

    Dennis Terrell

    RE/MAX

    (507) 340-4562

    166 Total Sales

    Dennis Terrell
    Section Image

  • C

    Buyer's Agent in 2019

    Christine Gerber

    RE/MAX

    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7020354

REALTOR® Association of Southern Minnesota

APN: R14-05-26-303-024

Minnesota Blue Earth County Madison Lake 56063

74 Balsam Ln, Madison Lake, MN

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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.

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