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28672 Lake Dr

Madison Lake, MN 56063

2 bd 3 ba 5,968 sqft Built 1965 Lot 20,038 sqft single_family
Most recent sale
$322,000
Jun 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 15, 2022 Sold $322,000 MLS #6195226
May 18, 2022 Listed $374,900 MLS #6195226

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $154,200 $206,200 $360,400 $3,452
2023 $55,300 $141,200 $196,500 $1,824
2022 $226,900 $215,000 $441,900 $7,462
2021 $218,600 $205,000 $423,600 $6,128
2020 $218,600 $205,000 $423,600 $7,332
2019 $285,300 $230,000 $515,300 $6,668
2018 $206,100 $210,000 $416,100 $5,012
2017 $210,300 $215,000 $425,300 $4,914
2016 $210,300 $215,000 $425,300 $4,726
2015 $214,400 $215,000 $429,400 $4,238
2014 $214,400 $215,000 $429,400 $3,850
2013 $218,600 $215,000 $433,600 $4,134
2012 $223,400 $225,000 $448,400 $4,120
2011 $227,600 $235,000 $462,600 $3,850
2009 $246,700 $235,000 $481,700 $3,336

Property facts

Year built
1965
Property type
single_family
Stories
1
Beds
2
Baths
3
Living area
5,968 sqft
Lot size
20,038 sqft
ZIP code
56063
City
Madison Lake
Street
Lake Dr
Coordinates
44.27383, -93.83994

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,932
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 28672 Lake Dr last sell?
28672 Lake Dr most recently sold on Jun 15, 2022 for $322,000.
What is the current tax assessment for 28672 Lake Dr?
The most recent total assessment for 28672 Lake Dr (year 2025) is $360,400 with $3,452 in property tax.
How does 28672 Lake Dr's assessment compare to its last sale price?
The current assessment is 11.9% above the last sale price of $322,000.
When was 28672 Lake Dr built?
28672 Lake Dr was built in 1965.
How does 28672 Lake Dr compare to others on Lake Dr?
We track 8 other properties on Lake Dr. Browse the list under "Other properties on Lake Dr" to compare beds, baths, and sale history.
What are the property facts for 28672 Lake Dr?
28672 Lake Dr is a 2 bed, 3 bath, 5,968 sqft, 20,038 sqft lot single_family.
Is 28672 Lake Dr a flip candidate?
No — 28672 Lake Dr does not appear in our flips dataset.
Is 28672 Lake Dr a tax-appeal candidate?
No — 28672 Lake Dr 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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