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512 5th St

Madison Lake, MN 56063

4 bd 3 ba 2,964 sqft Built 1978 Lot 11,326 sqft single_family
Most recent sale
$312,000
Dec 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 1, 2022 Sold $312,000 Public Record
Nov 21, 2022 Sold $312,000 Mankato
Oct 5, 2022 Listed $299,900 Mankato
Apr 24, 1997 Sold $102,000 Public Record
Aug 3, 1990 Sold $62,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $208,800 $4,438
2021 $214,300 $4,356
2020 $193,100 $3,962
2019 $174,900 $3,738
2018 $154,700 $20,200 $174,900 $3,668
2017 $140,500 $19,900 $160,400 $3,394
2016 $136,900 $19,800 $156,700 $2,068
2015 $121,000 $19,400 $140,400 $1,842
2014 $121,100 $19,400 $140,500 $1,844
2013 $118,100 $19,300 $137,400 $1,970
2012 $123,400 $19,500 $142,900 $2,046
2009 $160,100 $22,500 $182,600 $2,060

Property facts

Year built
1978
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,964 sqft
Lot size
11,326 sqft
ZIP code
56063
City
Madison Lake
Street
5th St
Coordinates
44.20383, -93.81450

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,872
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 512 5th St last sell?
512 5th St most recently sold on Dec 1, 2022 for $312,000.
What is the current tax assessment for 512 5th St?
The most recent total assessment for 512 5th St (year 2022) is $208,800 with $4,438 in property tax.
How does 512 5th St's assessment compare to its last sale price?
The current assessment is 33.1% below the last sale price of $312,000.
When was 512 5th St built?
512 5th St was built in 1978.
How does 512 5th St compare to others on 5th St?
We track 8 other properties on 5th St. Browse the list under "Other properties on 5th St" to compare beds, baths, and sale history.
What are the property facts for 512 5th St?
512 5th St is a 4 bed, 3 bath, 2,964 sqft, 11,326 sqft lot single_family.
Is 512 5th St a flip candidate?
No — 512 5th St does not appear in our flips dataset.
Is 512 5th St a tax-appeal candidate?
No — 512 5th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.9%
Implied 1-yr
-11.7%
2026 Q1
$333.7K
2026 Q2
$321.6K
ZIP 56063 — Median Price History + Forecast

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