509 Walnut Avenue Madison Lake, MN $ 199,900
509 Walnut Avenue
$ 199,900
Recently Listed
Share Save

509 Walnut Avenue

Madison Lake, MN, 56063
$ 199,900
Bedrooms4 Baths2.0 Sq 1,940

Monthly Estimate*

$ 1,231

509 Walnut Avenue, Madison Lake, MN 56063 - Image 1
509 Walnut Avenue, Madison Lake, MN 56063 - Image 2
509 Walnut Avenue, Madison Lake, MN 56063 - Image 3
509 Walnut Avenue, Madison Lake, MN 56063 - Image 4
509 Walnut Avenue, Madison Lake, MN 56063 - Image 5
509 Walnut Avenue, Madison Lake, MN 56063 - Image 6
509 Walnut Avenue, Madison Lake, MN 56063 - Image 7
509 Walnut Avenue, Madison Lake, MN 56063 - Image 8
509 Walnut Avenue, Madison Lake, MN 56063 - Image 9
509 Walnut Avenue, Madison Lake, MN 56063 - Image 10
509 Walnut Avenue, Madison Lake, MN 56063 - Image 11
509 Walnut Avenue, Madison Lake, MN 56063 - Image 12
509 Walnut Avenue, Madison Lake, MN 56063 - Image 13
509 Walnut Avenue, Madison Lake, MN 56063 - Image 14
509 Walnut Avenue, Madison Lake, MN 56063 - Image 15
509 Walnut Avenue, Madison Lake, MN 56063 - Image 16
509 Walnut Avenue, Madison Lake, MN 56063 - Image 17
509 Walnut Avenue, Madison Lake, MN 56063 - Image 18
509 Walnut Avenue, Madison Lake, MN 56063 - Image 19
509 Walnut Avenue, Madison Lake, MN 56063 - Image 20
509 Walnut Avenue, Madison Lake, MN 56063 - Image 21
509 Walnut Avenue, Madison Lake, MN 56063 - Image 22
509 Walnut Avenue, Madison Lake, MN 56063 - Image 23
509 Walnut Avenue, Madison Lake, MN 56063 - Image 24
509 Walnut Avenue, Madison Lake, MN 56063 - Image 25
509 Walnut Avenue, Madison Lake, MN 56063 - Image 26
509 Walnut Avenue, Madison Lake, MN 56063 - Image 27
509 Walnut Avenue, Madison Lake, MN 56063 - Image 28
509 Walnut Avenue, Madison Lake, MN 56063 - Image 29
509 Walnut Avenue, Madison Lake, MN 56063 - Image 30
509 Walnut Avenue, Madison Lake, MN 56063 - Image 31
509 Walnut Avenue, Madison Lake, MN 56063 - Image 32
509 Walnut Avenue, Madison Lake, MN 56063 - Image 33
509 Walnut Avenue, Madison Lake, MN 56063 - Image 34
509 Walnut Avenue, Madison Lake, MN 56063 - Image 35

Single Family Home for sale in Madison Lake, MN

for $199,900 with 4 bedrooms and 2 full baths. This 1,940 square foot home was built in 1890 on a lot size of 0.41.

If you’ve been dreaming of small town living with lake views and easy access to Mankato, this Madison Lake home is full of opportunity. Located within walking distance to Madison Lake, The Landing, and convenient local stores, you’ll love the charm of this community and the lifestyle it offers. Morning walks to the lake, dinner down the street, and a quick commute to Mankato make this location hard to beat. Inside, the home is ready for someone to bring their vision and build sweat equity. The main floor features a spacious living room, dining area, office, and kitchen with access to a concrete patio. You’ll also appreciate the convenience of main floor laundry with access to the back deck, where you can relax and take in views of Madison Lake overlooking the nearly half acre lot. A full bathroom completes the main level. Upstairs offers three bedrooms and another full bathroom, providing great separation of space. The basement houses the mechanicals and offers additional storage space. Outside, the almost half acre lot gives you room to garden, play, or simply enjoy the peaceful setting. A one stall detached garage adds extra storage and functionality. If you’re looking for an affordable way to get into a great location and make a home your own, this property is packed with potential and ready for its next chapter.

See more

Single Family Active

Price

$ 199,900

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 2,045

Style

SF Single Family

Lot Size

0.41

Year Built

1890

Town/City

Madison Lake

County/Region

Blue Earth

MLS | Web ID

7039487

Features
General
Heating Forced Air
Cooling Central
Roof Asphalt Shingles
Water City
Sewer City
Appliances Dishwasher Dryer Microwave Range/Stove Refrigerator Washer
Status Active ACTIVE
3/4 Baths 0
Full Baths 2
Half Baths 0
Year Built 1890
Style SF Single Family
Stories Count 2 Story
Construction Status Previously Owned
Road Frontage Highway
Subdivision MN
Sale/Rent For Sale
School District Mankato #77
See more
Exterior
Exterior Metal
Waterfront No
Lot Size Area 0.41
Garage Capacity 1
Construction Type Concrete Block
Garage Type Detached
Exterior Amenities Deck Porch
See more
Interior
Dining Room Formal Dining Room
1/4 Baths 0
Basement Material Concrete Block
Basement Style Full
Basement Features Unfinished
Finished SqFt Above Grade 1940
Finished SqFt Below Grade 0
See more
* Excluded Features
List By
American Way Realty

Broker

angie@mankatorealestate.com

Email

Affordability Calculator

$1,401
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,231
Monthly Property Taxes
$170
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
1357867 Elementary School
1357964 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/20/2026$199,900 Listed Price

Map


See all

509 Walnut Avenue, Madison Lake, MN, 56063 is a Single Family Home for sale at $199,900 with 1,940 sqft and a lot size of 0.41. 509 Walnut Avenue has 4 bedrooms, 2.0 baths, and was built in 1890. The property's zip code is 56063 which is in Madison Lake, MN