20 Lake Ave
Madison Lake, MN 56063
5 bd 6 ba 4,192 sqft Built 1994 Lot 26,659 sqft single_family
Most recent sale
$652,000
Sep 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 30, 2022 | Sold | $652,000 | MLS #6243058 |
| Aug 2, 2022 | Listed | $630,000 | MLS #6243058 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $481,900 | $142,400 | $624,300 | $10,426 |
| 2023 | $400,000 | $142,400 | $542,400 | $8,114 |
| 2022 | $336,800 | $142,400 | $479,200 | $7,368 |
| 2021 | $341,200 | $142,400 | $483,600 | $6,970 |
| 2020 | $341,200 | $142,400 | $483,600 | $6,294 |
| 2019 | $309,300 | $142,400 | $451,700 | $6,218 |
| 2018 | $298,900 | $142,400 | $441,300 | $6,036 |
| 2017 | $298,900 | $142,400 | $441,300 | $5,538 |
| 2016 | $275,700 | $142,400 | $418,100 | $5,324 |
| 2015 | $269,800 | $142,400 | $412,200 | $4,944 |
| 2014 | $245,100 | $141,600 | $386,700 | $4,950 |
| 2013 | $245,300 | $141,600 | $386,900 | $5,484 |
| 2012 | $250,600 | $141,700 | $392,300 | $5,660 |
| 2011 | $262,400 | $142,100 | $404,500 | $5,478 |
| 2009 | $302,600 | $142,400 | $445,000 | $5,474 |
Property facts
Year built
1994
Property type
single_family
Stories
2
Beds
5
Baths
6
Living area
4,192 sqft
Lot size
26,659 sqft
ZIP code
56063
City
Madison Lake
Street
Lake Ave
Coordinates
44.20276, -93.80522
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,288
Gross rental yield
11.57%
Implied cap rate
7.52%
Trend-extrapolated value
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Frequently asked questions
When did 20 Lake Ave last sell?
20 Lake Ave most recently sold on Sep 30, 2022 for $652,000.
What is the current tax assessment for 20 Lake Ave?
The most recent total assessment for 20 Lake Ave (year 2025) is $624,300 with $10,426 in property tax.
How does 20 Lake Ave's assessment compare to its last sale price?
The current assessment is 4.2% below the last sale price of $652,000.
When was 20 Lake Ave built?
20 Lake Ave was built in 1994.
How does 20 Lake Ave compare to others on Lake Ave?
We track 8 other properties on Lake Ave. Browse the list under "Other properties on Lake Ave" to compare beds, baths, and sale history.
What are the property facts for 20 Lake Ave?
20 Lake Ave is a 5 bed, 6 bath, 4,192 sqft, 26,659 sqft lot single_family.
Is 20 Lake Ave a flip candidate?
No — 20 Lake Ave does not appear in our flips dataset.
Is 20 Lake Ave a tax-appeal candidate?
No — 20 Lake Ave 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 Lake Ave