Description of 50 Balsam Ln, Madison Lake, MN 56063
Listing details for 50 Balsam Ln, Madison Lake, MN 56063 : Distinctive and full of character, this home provides convenient one-level living with a full unfinished basement awaiting your personal touch. Wide hallways offer full mobility access, while zero-entry from the front door through to the garage ensures ease of movement throughout. The unique floor plan features two large connected bedrooms sharing a luxurious full bathroom with two separate vanities, a jetted tub, and a custom-tiled oversized shower with a wide seat. Primary bedroom shares entrance with second bedroom while paneled double doors gives privacy. The open-concept main living area showcases the ravine lot through large windows and a double patio door. This home offers both privacy and natural light in all the right places. The kitchen, dining, and living spaces are centered around a dramatic 22-foot kitchen wall. A weight-bearing loft space above offers creative potential—ready to be built out and accessed via a narrow staircase or ladder. Behind the drywall on the side wall, a header is already in place should the next owner wish to add a second deck.
Step out onto the refinished 20x20 deck to enjoy views of migrating birds by day and fireworks by night. The deck has been reinforced and is suitable for a future enclosed patio. The backyard offers wooded privacy with a small city-owned pond to the side. A lawn sprinkler system is installed, and a wheelchair-accessible ramp leads to the lovingly cared-for yard. A charming greenhouse provides added flexibility for hobbies or storage. Located just 50 yards from a playground and 0.5 miles from the Sakatah Trail. Call for a showing today of this special home.
Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Gas Water Heater, Water Filtration System, Water Osmosis System, Range, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer and Water Softener Owned
Fireplace
No
Heating
Forced Air
Cooling
Central Air
Exterior Details
Garage
No
Garage Spaces
2
Parking Features
Attached Garage, Concrete, Electric, Floor Drain and Garage Door Opener
Exterior Features
Vinyl
Fencing
Partial
Waterfront
No
Water Source
City Water/Connected
Sewer
City Sewer/Connected
Taxes, HOA & Financing
Annual Property Tax
$4,182.00
HOA Fee Includes
None
Room Details
Room Type
Level
Dimensions
Dining Room
Main
8'8"x11'7"
Bedroom
Main
15'4"x16'10"
Kitchen
Main
18'1"x8'1"
Living Room
Main
13'1"x12'10"
Office
Main
8'10"x10'3"
Bedroom 2
Main
14'6"x15'8"
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Properties displayed may be listed or sold by various participants in the MLS
Source
NorthstarMLS as distributed by MLS GRID, MLS#: 6708138
What's this home worth?
National portals guess with an algorithm. We price it from actual closed sales on your street.
Your home value estimate
$284K – $400K
Exact number$2,845,000
Want an exact number? Use an Agent, not an algorithm.
Is this your home?
Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.
What's this home worth?
National portals guess with an algorithm. We price it from actual closed sales on your street.
Your home value estimate
$284K – $400K
Exact number$2,845,000
Want an exact number? Use an Agent, not an algorithm.
Is this your home?
Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.
Property History
DateEventPrice
6/20/2025
Sold
$329,900
$225/sqft
Source:NorthstarMLS #NST6708138
4/23/2025
Listed for sale
—
Source:NorthstarMLS #NST6708138
Location of 50 Balsam Ln, Madison Lake, MN 56063
Streetview of 50 Balsam Ln, Madison Lake, MN 56063
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Schools Near 50 Balsam Ln, Madison Lake, MN 56063
What's this home worth?
National portals guess with an algorithm. We price it from actual closed sales on your street.
Your home value estimate
$284K – $400K
Exact number$2,845,000
Want an exact number? Use an Agent, not an algorithm.
Is this your home?
Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.
Homes Similar to 50 Balsam Ln, Madison Lake, MN 56063
Based on information submitted to the MLS GRID as of 2026-08-25. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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