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55 Balsam Circle

Madison Lake, MN 56063

Name: Open House: 2pm-4pm
Start: 2025-06-14T14:00:00
End: 2025-06-14T16:00:00
Location: 55 Balsam Circle

5 beds
3 baths
2,974 sqft
11,412 sqft lot
$163 per sqft
2023 build
– on site

Welcome to this well maintained, newly built home, located in charming Madison Lake. Close to lakes and bike trails, this home features over 3000 sqft, 5 bedrooms, and 3 bathrooms! All living amenities are located on the main floor, including a spacious combined laundry/mudroom, plenty of space for coats and shoes. The kitchen features stainless steel appliances and granite countertops. You will find 3 bedrooms and 2 bathrooms on the main floor. The primary bedroom features a walk in closet and 3/4 ensuite bath. Downstairs, you can't help but notice the large family room as soon as you get down the steps! 2 more bedrooms are located in the basement, a room that could be used as an office/storage room and the utility room. There is no shortage of space in this home, make this your forever home today!

Listing courtesy of NORTHSTAR / Jordan Johnson / Edina Realty, Inc.

Last checked: Checking… • Last updated Jun 13, 2025 •

MLS# 6737331 —

Upcoming Open Houses

Saturday, 6/14
2pm-4pm

The Building

Year Built:

2023
New Construction:

false
Age Of Property:

2
Construction Materials:

Brick/Stone, Vinyl Siding
Construction Materials Desc:

Frame
Roof:

Age 8 Years or Less, Asphalt
Accessibility Features:

None
Levels:

One
Main Level Finished Area:

1524.0000
Basement:

Block, Daylight/Lookout Windows, Drainage System, Egress Window(s), Finished, Full, Sump Pump
Basement:

true
Foundation Area:

1524
Manufactured Home:

No
Building Area Total:

3048
Above Grade Finished Area:

1524
Below Grade Finished Area:

1450

Interior

Dining Room Description:

Eat In Kitchen,Informal Dining Room
Fireplace:

false
Amenities:

Ceiling Fan(s),Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Room Dimensions

Living Area:

2974

Location

Directions:

From hwy 60: Turn on to 1st st heading north. Turn right on to Evergreen Lane Turn left on to Balsam Lane Turn right on to Balsam Circle House will be 2nd on left side.
Latitude:

44.216563
Longitude:

-93.803531

The Property

Parcel Number:

R140526304002
Zoning Description:

Residential-Single Family
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Additional Parcels:

false
Lot Features:

Underground Utilities
Lot Size Area:

0.26
Lot Size Dimensions:

81x141
Lot Size SqFt:

11412.72
Lot Size Units:

Acres
Road Frontage Type:

City Street, Cul De Sac, No Outlet/Dead End, Paved Streets
Road Responsibility:

Public Maintained Road
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Annual Amount:

4786
Tax With Assessments:

4806.0000

Beds

Bedrooms Total:

5

Baths

Total Baths:

3
Bath Description:

3/4 Primary,Full Basement,Main Floor 3/4 Bath,Main Floor Full Bath
Full Baths:

2
Three Quarter Baths:

1

Heating & Cooling

Heating:

Forced Air
Cooling:

Central Air

Utilities

Electric:

Circuit Breakers
Sewer:

City Sewer/Connected

Appliances

Appliances:

Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer

Schools

High School District:

Mankato

The Community

Subdivision Name:

The Pines Third Add
Association:

false
Assessment Pending:

No

Parking

Parking Features:

Attached Garage, Concrete
Garage Spaces:

3
Garage Dimensions:

34x26
Garage SqFt:

860

Monthly cost estimate

Asking price

$484,900

Expense	Monthly cost
Mortgage	$2,596
Taxes	$398
Insurance	$133
Utilities	$157 See report
Total	$3,284/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
6/12/25 Jun 12, 2025	Listed / Active	NORTHSTAR	$484,900	5.6% (4.4% / YR)
3/4/24 Mar 4, 2024		NORTHSTAR	$459,000
2/12/24 Feb 12, 2024		NORTHSTAR	$459,000

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This house located in Madison Lake, MN 56063 is currently for sale for $484,900. 55 Balsam Circle is a 2,974 square foot house with 5 beds and 3 baths that has been on Estately for 1 days. This house is in the attendance area of East Junior High School, Eagle Lake Elementary School, and East High School.

Listing Courtesy of: NORTHSTAR and Edina Realty, Inc..

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. 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.

55 Balsam Circle

Madison Lake, MN 56063