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509 Walnut Avenue, 
Madison Lake, MN 56063

$175,000


4

Beds


2

Baths


2,820

Sq Ft


Single Family

Sold

Listed by

Angie Vaneman Lynch

American Way Realty

MLS#

7040352

Source:

MN RASM

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About This Home

509 Walnut Avenue

If you’ve been dreaming of small town living with lake views and easy access to Mankato, this Madison Lake home is full of opportunity. Located within walking distance to Madison Lake, The Landing, and convenient local stores, you’ll love the charm of this community and the lifestyle it offers. Morning walks to the lake, dinner down the street, and a quick commute to Mankato make this location hard to beat. Inside, the home is ready for someone to bring their vision and build sweat equity. The main floor features a spacious living room, dining area, office, and kitchen with access to a concrete patio. You’ll also appreciate the convenience of main floor laundry with access to the back deck, where you can relax and take in views of Madison Lake overlooking the nearly half acre lot. A full bathroom completes the main level. Upstairs offers three bedrooms and another full bathroom, providing great separation of space. The basement houses the mechanicals and offers additional storage space. Outside, the almost half acre lot gives you room to garden, play, or simply enjoy the peaceful setting. A one stall detached garage adds extra storage and functionality. If you’re looking for an affordable way to get into a great location and make a home your own, this property is packed with potential and ready for its next chapter.

Home Facts

Single Family

2 Baths

4 Bedrooms

Built in 1890

Price Summary

185,000

$65 per Sq. Ft.

MLS #:

7040352

Sold:

July 9, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,820 Sq. Ft.


Structure

Structure

Architectural Style:

SF Single Family

Building Area:

2,820 Sq. Ft.

Year Built:

1890


Lot

Lot Size (Sq. Ft):

17,859


Finances & Disclosures

Finances

Price:

$185,000

Price per Sq. Ft:

$65 per Sq. Ft.

Source:MN RASM
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