509 Walnut, Madison Lake, MN 56063

$175,000
4
BD
2
Full Baths
2,820
SqFt

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Sold Price
$175,000
List Price
$185,000
Closing Date
Jul 09, 2026
MLS#
7040352
Bedrooms
4
Total Bathrooms
2
Full Bathrooms
2
Living Area
2,820

Property Description

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.

Additional Information

Year Built
1890
Garage Spaces
1
Living Area
2,820
Stories
2 Story
Style
SF Single Family
Area
EGLE LK/T. MADIS
Waterfront
Madison

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Angie VanEman Lynch (angie@mankatorealestate.com) from Listing Office: American Way Realty.

Selling Office: .