55 Balsam Ln
Madison Lake, MN 56063
3 bd 2 ba 1,520 sqft Built 2023 Lot 11,500 sqft single_family
Most recent sale
$29,400
Dec 31, 2020
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 26, 2024 | Sold | $315,900 | Mankato |
| Mar 13, 2024 | Listed | $315,900 | Mankato |
| Feb 4, 2024 | Listing removed | $329,900 | Mankato |
| Jan 5, 2024 | Listed | $329,900 | Mankato |
| Jan 3, 2024 | Listed | $329,900 | NorthstarMLS |
| May 31, 2023 | Sold | $40,000 | NorthstarMLS |
| Mar 31, 2023 | Listed | $45,000 | Mankato |
| Nov 12, 2022 | Listing removed | $45,000 | Mankato |
| Sep 28, 2022 | Price changed | $45,000 | MLS #7029766 |
| May 11, 2022 | Listed | $55,000 | MLS #7029766 |
| Dec 31, 2020 | Sold | $29,400 | MLS #7025992 |
| Apr 24, 2020 | Listing removed | $28,000 | Mankato |
| Apr 24, 2015 | Listing removed | $28,000 | Mankato |
| May 6, 2011 | Relisted | $28,000 | MLS #117128 |
| Mar 15, 2011 | Listing removed | $28,000 | Mankato |
| Jun 30, 2008 | Listed | $28,000 | MLS #117128 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | — | $30,100 | $30,100 | $538 |
| 2022 | — | $30,100 | $30,100 | $556 |
| 2021 | — | $30,100 | $30,100 | $526 |
| 2020 | — | $30,100 | $30,100 | $508 |
| 2019 | — | $28,100 | $28,100 | $394 |
| 2018 | — | $28,100 | $28,100 | $384 |
| 2017 | — | $28,100 | $28,100 | $370 |
| 2016 | — | $28,100 | $28,100 | $362 |
| 2015 | — | $28,100 | $28,100 | $358 |
| 2014 | — | $28,100 | $28,100 | $358 |
| 2013 | — | $24,100 | $24,100 | $336 |
| 2012 | — | $24,100 | $24,100 | $352 |
| 2011 | — | $24,100 | $24,100 | $330 |
| 2009 | — | $40,200 | $40,200 | $486 |
Property facts
Year built
2023
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,520 sqft
Lot size
11,500 sqft
ZIP code
56063
City
Madison Lake
Street
Balsam Ln
Coordinates
44.21647, -93.80451
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsFrequently asked questions
When did 55 Balsam Ln last sell?
55 Balsam Ln most recently sold on Dec 31, 2020 for $29,400.
What is the current tax assessment for 55 Balsam Ln?
The most recent total assessment for 55 Balsam Ln (year 2023) is $30,100 with $538 in property tax.
How does 55 Balsam Ln's assessment compare to its last sale price?
The current assessment is 2.4% above the last sale price of $29,400.
When was 55 Balsam Ln built?
55 Balsam Ln was built in 2023.
How does 55 Balsam Ln compare to others on Balsam Ln?
We track 8 other properties on Balsam Ln. Browse the list under "Other properties on Balsam Ln" to compare beds, baths, and sale history.
What are the property facts for 55 Balsam Ln?
55 Balsam Ln is a 3 bed, 2 bath, 1,520 sqft, 11,500 sqft lot single_family.
Is 55 Balsam Ln a flip candidate?
Yes — 55 Balsam Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 55 Balsam Ln a tax-appeal candidate?
No — 55 Balsam Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.9%
Implied 1-yr
-11.7%
2026 Q1
$333.7K
2026 Q2
$321.6K
ZIP 56063 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Balsam Ln