401 Walnut Ave, Unit 201

Madison Lake, MN 56063

$239,900
Price
2
Beds
1,274 Sq. Ft.
$188 / Sq. Ft.
1,274
Sq. Ft.
$188
per Sq. Ft.

Description

Live the Lake Life! Own this well-maintained condo and begin enjoying Madison Lake. You’ll find 1274 square feet of living space encompassing the living room with a gas fireplace, kitchen w/breakfast bar, bright dining area, primary bedroom w/walk-in closet & ensuite bath, second bedroom, full guest bath, and laundry room. You’ll appreciate the adjacent secure storage area, spacious bedrooms, hardwood floors, and freshly painted spaces. An abundance of windows throughout and a private balcony allow...Live the Lake Life! Own this well-maintained condo and begin enjoying Madison Lake. You’ll find 1274 square feet of living space encompassing the living room with a gas fireplace, kitchen w/breakfast bar, bright dining area, primary bedroom w/walk-in closet & ensuite bath, second bedroom, full guest bath, and laundry room. You’ll appreciate the adjacent secure storage area, spacious bedrooms, hardwood floors, and freshly painted spaces. An abundance of windows throughout and a private balcony allow you to enjoy the beautiful outdoor surroundings and view of the lake. This is the only unit of the 4 Bayview condos that has 2 dedicated stalls in the underground parking garage, and also includes a rental license. Your fun on the water is enhanced with 25 feet of deeded access on Madison Lake along with ownership of half of the dock. Discover small town living with a vacation vibe, live music at local restaurants, and the Sakatah bike trail passing through town. Don’t let this be the One That Got Away - arrange for your private tour today!
  1. Listed by RE/MAX Venture
  2. Listed by RE/MAX Venture

Property Details for 401 Walnut Avenue, Unit 201

Subdivision Name
Condominium 14 - Bayview Condo
Waterfront Features
Lake View
Zoning Jurisdiction
Residential-Single Family
LISTING UPDATED: 12/12/2025 02:37 PM

Property Details for 401 Walnut Avenue, Unit 201

StatusActive
MLS #6803399
Days on Compass1
Taxes$2,989 / year
HOA Fees$300 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Low Rise
Year Built1986
CountyBlue Earth County

Location

Listing Courtesy of RE/MAX Venture
Add your commute

Building Information for 401 Walnut Avenue, Unit 201

Building/Complex401 Walnut AveFloor2Stories-Residences-Pet Policy-Pet Policy Details-Year Built1986

Payment Calculator

$1,735 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,185

Property Taxes

$249

HOA Dues

$300

The Payment Calculator is for illustrative purposes only.

Property Information for 401 Walnut Avenue, Unit 201

Summary
Location and General Information
  • City Name: Madison Lake
  • County Or Parish: Blue Earth
  • County: Blue Earth-MN
  • Directions: From Hwy 14, go North on Hwy 60. Property will be on the corner of Hwy 60 and 4th St.
  • Latitude: 44.203223
  • Longitude: -93.813056
  • Map Coordinate: 999-A1
  • City and Location: Madison Lake
  • City and Location Text: Madison Lake(MN)
  • Postal Code: 56063
  • State Or Province: MN
  • Waterfront Property YN: Yes
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $300.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Building Exterior, Lawn Care, Maintenance Grounds, Parking, Sewer, Snow Removal, Water
  • Association Name: Bayview Condos
  • Association Phone: 5073173493
  • Association: Yes
  • Parcel Number: R140534430003
  • Tax Annual Amount: $2,989.00
  • Tax Legal Description: BAYVIEW COMDOMINIUM-CONDO- MINIUM PLAT #14 UNIT 201 & 1/4 INT IN COMMON AREAS 000 000 00
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2025
  • Tax With Assessments: 3164
School Information
  • High School District: 2262 - Mankato
  • School District Number: 2262
  • School District Phone: 5073871868
Property
Lot Information
  • Above Grade Fin SQFT: 1274.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 1274.0
  • Living Area Units: Square Feet
  • Lot Features: Accessible Shoreline
  • Lot Size Area: 0.055
  • Lot Size Dimensions: 0
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Attached: Yes
  • Property Sub Type: Low Rise
  • Property Type: Residential
  • SQFT Main Total: 1274
  • Above Grade SqFt Total: 1274
  • Below Grade SqFt Total: 0
Utilities
  • Electric: Circuit Breakers
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Association Amenities: Dock, Lobby Entrance, Other
  • Foundation Area: 1274.0
  • Fuel: Natural Gas
  • Road Frontage Type: Paved Streets, Sidewalks
  • Road Responsibility: Public Maintained Road
  • Roof: Asphalt
  • Patio Porch Type: Porch
Interior Features
  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Rented
  • Basement Type: None
  • Amenities Unit: Balcony,Ceiling Fan(s),Dock,Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Panoramic View
  • Bath Desc: 3/4 Primary,Main Floor Full Bath
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 1
  • Bathrooms Total Count: 2
  • Bedrooms Total: 2
  • Fireplace Features: Gas, Living Room
  • Fireplaces Total: 1
  • FireplaceYN: Yes
  • Cooling: Central Air
  • Dining Room Description: Kitchen/Dining Room
  • DP Resource: Yes
  • Heating: Forced Air
  • Laundry Features: Laundry Room
  • Levels: One
  • Room List: Dining Room, Living Room, Laundry, Kitchen, Bedroom 2, Bedroom
  • Basement YN: Yes
Room Information
Room 1
  • Room Dimensions: 9.1 x 15.10
  • Room Level: Main
  • Room Type: Dining Room
Room 2
  • Room Dimensions: 18.11 x 15.5
  • Room Level: Main
  • Room Type: Living Room
Room 3
  • Room Dimensions: 5.1 x 7.3
  • Room Level: Main
  • Room Type: Laundry
Room 4
  • Room Dimensions: 8.9 x 15.10
  • Room Level: Main
  • Room Type: Kitchen
Room 5
  • Room Dimensions: 15.5 x 11.3
  • Room Level: Main
  • Room Type: Bedroom 2
Room 6
  • Room Dimensions: 15.5 x 12
  • Room Level: Main
  • Room Type: Bedroom

Property History for 401 Walnut Avenue, Unit 201

DateEvent & SourcePriceAppreciation
Dec 10, 2025

Listed (Active)

NorthStar #6803399

—
Nov 21, 2025

In Contract

NorthStar #6803399

—
Nov 4, 2025

Price Change

NorthStar #6803399

$239,900—
Oct 14, 2025

Price Change

NorthStar #6803399

$249,900—
Oct 14, 2025

Listed (Active)

NorthStar #6803399

—
Oct 31, 2019

Sold

NorthStar #5287349

$202,000—
Oct 31, 2019

Sold (Public Record)

Public Record #1343836389

$202,000

+8.0% / yr

Sep 7, 2019

Pending

NorthStar #5287349

—
Sep 3, 2019

Listed (Active)

NorthStar #5287349

$179,900—
May 2, 2014

Sold

Lake Superior Area REALTORS #2122794

$132,000—
Apr 15, 2014

Sold (Public Record)

Public Record #1080569909

$132,000—
Apr 1, 2014

Pending

Lake Superior Area REALTORS #2122794

—
Nov 18, 2013

Listed (Active)

Lake Superior Area REALTORS #2122794

$139,900—
DateEvent & SourcePrice
12/10/2025

Listed (Active)

NorthStar #6803399

—
11/21/2025

In Contract

NorthStar #6803399

—
11/04/2025

Price Change

NorthStar #6803399

$239,900
10/14/2025

Price Change

NorthStar #6803399

$249,900
10/14/2025

Listed (Active)

NorthStar #6803399

—
10/31/2019

Sold

NorthStar #5287349

$202,000
10/31/2019

Sold (Public Record)

Public Record #1343836389

$202,000

+8.0% / yr

09/07/2019

Pending

NorthStar #5287349

—
09/03/2019

Listed (Active)

NorthStar #5287349

$179,900
05/02/2014

Sold

Lake Superior Area REALTORS #2122794

$132,000
04/15/2014

Sold (Public Record)

Public Record #1080569909

$132,000
04/01/2014

Pending

Lake Superior Area REALTORS #2122794

—
11/18/2013

Listed (Active)

Lake Superior Area REALTORS #2122794

$139,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 401 Walnut Avenue, Unit 201

Taxable ValueLand$19,300Additions$233,500Total$252,800
Tax Record2024$3,164 ($264 / month)
Home Facts
Beds2Baths1.5Total Finished SqFt1,274 SqFtAbove Grade Finished SqFt1,274 SqFtStories1Lot Size2,396 SqFtStyleCondominiumYear Built1986CountyBLUE EARTHAPNR14.05.34.430.003Fireplace TypeHas Fireplace

Schools near 401 Walnut Avenue, Unit 201

This home is within Mankato Public School District.
Rating
School
Type
Grades
Distance
Eagle Lake Elementary School
Public - K to 5
Prairie Winds Middle School
Public - 6 to 8
Mankato East Senior High School
Public - 9 to 12
Central Middle School Alp
Public - 6 to 8
Rating
School
Distance
Eagle Lake Elementary School
PublicK to 5

Prairie Winds Middle School
Public6 to 8

Mankato East Senior High School
Public9 to 12

Central Middle School Alp
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 401 Walnut Avenue, Unit 201, Madison Lake, MN 56063

401 Walnut Avenue, Unit 201 is a condo for sale in Madison Lake, MN 56063. This property was listed for sale on October 14, 2025 by RE/MAX Venture, it's currently listed at $239,900. It has been on the market for a total of 0 days and was last sold on October 31, 2019. This listing's school district is Mankato Public School District. Nearby schools include Eagle Lake Elementary School, Prairie Winds Middle School and Mankato East Senior High School. 401 Walnut Avenue, Unit 201 is a 2-bed, 2-bath, 1,274 sqft condo built in 1986.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of RE/MAX Venture

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/12/2025 07:20 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.