505 7th St
Description
3-wired outlets for welding, mounted heater, cement floor for easy clean up, stereo and speakers are included,...Welcome to Madison Lake! Discover this charming 2-bedroom, 1 1/4-bath home situated on a generous 50' x 142' lot, featuring an impressive oversized 4+ stall garage. The expansive garage offers exceptional versatility—perfect for storage, large gatherings, indoor parking, or hobby, workshop and project space. Creators and DIY enthusiasts will appreciate the thoughtful upgrades, including:
3-wired outlets for welding, mounted heater, cement floor for easy clean up, stereo and speakers are included, 8’ insulated garage door. Ideal for ATVs, lawn equipment, or workshop space. This property provides the space, functionality, and features to fit a variety of lifestyles. Items that stay with the home are Refrigerator, Range/Oven, Microwave, Washer, Dryer, 2-AC Window Units (Livingroom and Upstairs) Schedule your showing today.
- Listed by Home Run Realty
Property Details for 505 7th Street
Property Details for 505 7th Street
| Status | Active |
|---|---|
| MLS # | 6819544 |
| Days on Compass | 3 |
| Taxes | $1,590 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Single Family |
| MLS Type | Residential / Single Family Residence |
| Year Built | 1890 |
| Lot Size | 0.16 AC / 7,100 SF |
| County | Blue Earth County |
Location
Building Information for 505 7th Street
Payment Calculator
$1,244 per month
30 year fixed, 6.28% Interest
$1,111
$133
$0
Property Information for 505 7th Street
- City Name: Madison Lake
- County Or Parish: Blue Earth
- County: Blue Earth-MN
- Directions: HWY 60, LEFT ON 7TH ST., RIGHT ON CHESTNUT AVE, GO THROUGH ALLEY, PARK IN BACK OF GARAGE...YELLOW GARAGE. LOCK BOX IS ON THE DOUBLE DOORS, GO THROUGH GARAGE INTO THE BACK OF THE HOUSE.
- Latitude: 44.204127
- Longitude: -93.816564
- Map Coordinate: 999-A1
- City and Location: Madison Lake
- City and Location Text: Madison Lake(MN)
- Postal Code: 56063
- State Or Province: MN
- Additional Parcels: No
- Association Fee: $.00
- Association: No
- Parcel Number: R140534261002
- Tax Annual Amount: $1,590.00
- Tax Legal Description: MADISON LAKE TOWNSITE 017 019 00
- Tax Other Annual Assessment Amount: $20.00
- Tax Year: 2025
- Tax With Assessments: 1610
- High School District: 2262 - Mankato
- School District Number: 2262
- School District Phone: 5073871868
- Above Grade Fin SQFT: 920.0
- Below Grade Fin SQFT: 0.0
- SQFT Total: 920.0
- Living Area Units: Square Feet
- Lot Size Area: 0.163
- Lot Size Dimensions: 50 x 142
- Lot Size Units: Acres
- Other Structures: Storage Shed
- Present Use: Yearly
- Property Attached: No
- Property Sub Type: Single Family Residence
- Property Type: Residential
- SQFT Main Total: 552
- Above Grade SqFt Total: 882
- Below Grade SqFt Total: 200
- Electric: Circuit Breakers, 200+ Amp Service
- Sewer: City Sewer/Connected
- Water Source: City Water/Connected
- Accessibility Features: None
- Foundation Area: 320.0
- Fuel: Natural Gas
- Road Frontage Type: City Street
- Roof: Asphalt
- Patio Porch Type: Patio
- Appliances: Dryer, Microwave, Range, Refrigerator, Washer
- Basement Type: Partial
- Amenities Unit: Ceiling Fan(s),Patio,Washer/Dryer Hookup
- Bath Desc: Basement,Upper Level Full Bath
- Bathrooms Full: 1
- Bathrooms Half: 0
- Bathrooms One Quarter: 1
- Bathrooms Three Quarter: 0
- Bathrooms Total Count: 2
- Bedrooms Total: 2
- Fireplaces Total: 0
- FireplaceYN: No
- Cooling: Window Unit(s)
- DP Resource: Yes
- Garage Dimensions: 28 x 28
- Garage Door Height: 8
- Garage Square Feet: 784
- Heating: Forced Air
- Levels: One and One Half
- Basement YN: Yes
Property History for 505 7th Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Dec 10, 2025 | Price Change NorthStar #6819544 | $224,900 | — |
| Nov 19, 2025 | Price Change NorthStar #6819544 | $229,900 | — |
| Nov 19, 2025 | Listed (Active) NorthStar #6819544 | — | |
| Apr 12, 2013 | Sold (Public Record) Public Record #1110884437 | $80,000 | +8.4% / yr |
| Apr 12, 2013 | Sold Lake Superior Area REALTORS #1993145 | $80,000 | — |
| Feb 26, 2013 | Pending Lake Superior Area REALTORS #1993145 | — | |
| Jan 11, 2013 | Listed (Active) Lake Superior Area REALTORS #1993145 | $89,900 | — |
| Apr 17, 2009 | Sold (Public Record) Public Record #1440923297 | $58,000 | — |
| Apr 17, 2009 | Sold Lake Superior Area REALTORS #1036946 | $58,000 | — |
| Apr 17, 2009 | Sold Lake Superior Area REALTORS #1040838 | $58,000 | — |
| Apr 17, 2009 | Sold (Public Record) Public Record #1110878863 | $58,000 | — |
| Mar 6, 2009 | Pending Lake Superior Area REALTORS #1040838 | — | |
| Mar 6, 2009 | Pending Lake Superior Area REALTORS #1036946 | — | |
| Jul 15, 2008 | Listed (Active) Lake Superior Area REALTORS #1040838 | $79,500 | — |
| Jul 15, 2008 | Listed (Active) Lake Superior Area REALTORS #1036946 | $79,500 | — |
| Feb 24, 2008 | Off Market Lake Superior Area REALTORS #1070309 | $84,900 | — |
| Sep 4, 2007 | Listed (Active) Lake Superior Area REALTORS #1070309 | $84,900 | — |
| Jun 30, 2006 | Sold NorthStar #3205456 | $82,000 | — |
| May 30, 2006 | Pending NorthStar #3205456 | — | |
| May 21, 2006 | Listed (Active) NorthStar #3205456 | $79,900 | — |
| Date | Event & Source | Price |
|---|---|---|
| 12/10/2025 | Price Change NorthStar #6819544 | $224,900 |
| 11/19/2025 | Price Change NorthStar #6819544 | $229,900 |
| 11/19/2025 | Listed (Active) NorthStar #6819544 | — |
| 04/12/2013 | Sold (Public Record) Public Record #1110884437 | $80,000 +8.4% / yr |
| 04/12/2013 | Sold Lake Superior Area REALTORS #1993145 | $80,000 |
| 02/26/2013 | Pending Lake Superior Area REALTORS #1993145 | — |
| 01/11/2013 | Listed (Active) Lake Superior Area REALTORS #1993145 | $89,900 |
| 04/17/2009 | Sold (Public Record) Public Record #1440923297 | $58,000 |
| 04/17/2009 | Sold Lake Superior Area REALTORS #1036946 | $58,000 |
| 04/17/2009 | Sold Lake Superior Area REALTORS #1040838 | $58,000 |
| 04/17/2009 | Sold (Public Record) Public Record #1110878863 | $58,000 |
| 03/06/2009 | Pending Lake Superior Area REALTORS #1040838 | — |
| 03/06/2009 | Pending Lake Superior Area REALTORS #1036946 | — |
| 07/15/2008 | Listed (Active) Lake Superior Area REALTORS #1040838 | $79,500 |
| 07/15/2008 | Listed (Active) Lake Superior Area REALTORS #1036946 | $79,500 |
| 02/24/2008 | Off Market Lake Superior Area REALTORS #1070309 | $84,900 |
| 09/04/2007 | Listed (Active) Lake Superior Area REALTORS #1070309 | $84,900 |
| 06/30/2006 | Sold NorthStar #3205456 | $82,000 |
| 05/30/2006 | Pending NorthStar #3205456 | — |
| 05/21/2006 | Listed (Active) NorthStar #3205456 | $79,900 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 505 7th Street
Schools near 505 7th Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| 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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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.
Listing Courtesy of Home Run Realty
Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/14/2025 10:35 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.
