For Sale: Madison Lake MLS# 7115384
Active
$799,900
Single Family: 1 Story
4 br • 3 ba • Built 2000
4,160 sqft • 15.1 acres
Mankato schools
MLS# 7115384
Ask Rosa:
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Calling all hobby farmers, business owners, and outdoor enthusiasts! Welcome to 22098 State Highway 60, just minutes from Madison Lake and only 10 minutes from Mankato. Situated on 15 acres, this versatile property offers the space and infrastructure to fit a wide variety of needs. Approximately 9 acres are fully fenced pasture and ready for animals. The property also features a storage shed, a heated shop with concrete floors and a bathroom, a large pole building with office space, a Quonset building, and a pond. Whether you're looking for a hobby farm, additional storage, or a place to operate your business, the possibilities are endless. Inside the house, the main level offers three bedrooms, two bathrooms, main-level laundry, a spacious kitchen, and a large family room overlooking the backyard and pasture. The lower level is currently set up as a separate living space with a large family room, kitchen, and workshop area, providing excellent flexibility for multi-generational living or other uses. The property also includes an attached garage for the main home and a detached garage serving the lower-level living space. Opportunities like this don't come around often. Schedule your private showing today!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$799,900
Price per sq ft:
$192
Property Type:
Single Family
City:
Madison Lake
Garage Spaces:
2
County:
Blue Earth
Year Built:
2000
State:
MN
Property Style:
1 Story
Zip Code:
56063
Subdivision Name:
King Add
Interior
Bedrooms:
4
Bathrooms:
3
Finished Area:
4,160 ft2
Total Fireplaces:
0
Living Area:
4,160 ft2
Common Wall:
No
Basement Details:
- Block
- Daylight/Lookout Windows
- Walkout
Exterior
Stories:
One
Garage Spaces:
2
Garage Dimensions:
31x25
Garage Size:
775 ft2
Air Conditioning:
Central Air
Foundation Size:
2,020 ft2
Foundation Dimensions:
48x54
Handicap Accessible:
Fully Wheelchair
Out Buildings:
Garage(s), Barn(s), Chicken Coop/Barn, Shed(s), Pole Building, Stables, Storage Shed
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Attached Garage
- Electric
- Garage Door Opener
- Gravel
- Heated Garage
- Insulated Garage
Road Frontage:
State Road
Exterior Material:
Frame
Pool:
None
Roof Details:
Metal
Rooms
1/4 Baths:
None
Full Baths:
2
Half Baths:
None
3/4 Baths:
1
Bathroom Details:
- 3/4 Basement
- Full Primary
- Main Floor Full Bath
Dining/Kitchen:
- Breakfast Area
- Informal Dining Room
Laundry:
Main Level
| Main Level | Size | Sq Ft |
|---|---|---|
| Deck | 20 x 8 | 160 |
| Dining Room | 18 x 13 | 234 |
| Bedroom | 15 x 13 | 195 |
| Kitchen | 17 x 13 | 221 |
| Laundry | 3 x 5 | 15 |
| Living Room | 25 x 25 | 625 |
| Bedroom 2 | 10 x 13 | 130 |
| Bedroom 3 | 10 x 10 | 100 |
| Lower Level | Size | Sq Ft |
|---|---|---|
| Family Room | 23 x 25 | 575 |
| Kitchen | 11 x 12 | 132 |
| Living Room | 22 x 12 | 264 |
Lake & Waterfront
Waterfront Present:
N
Waterfront:
Pond
Lot & Land
Acres:
15.1
Geolocation:
44.180073, -93.826423
Lot Dimensions:
496 x 772
Zoning:
Residential-Single Family
Lot Description:
- Suitable for Horses
- Tree Coverage - Light
Farm
Farm Type:
Beef, Hobby, Horse, Livestock, Poultry
Agricultural Water:
Pond, Well
Pasture Acres:
9
Topography:
Gently Rolling, Rolling, Sloped
Schools
School District:
77
District Phone:
5073871868
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$6,596
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$7,122
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Fuel System:
Propane
Sewer System:
Septic System Compliant - Yes
Water System:
- Shared System
- Well
Power Company Name:
Other
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Re/Max Advantage Plus.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.