4 months on rocket

61630 Nutmeg Rd, Madison Lake, MN, 56063

$650,000

Home List Price

$7,719*

Closing Credit

2 Bedrooms
1 Full Bath, 2 Partial
2,666 SqFt
$244/SqFt
House

Location

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61630 Nutmeg Rd, Madison Lake$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage
Attached Garage4 spaces
Year Built2008
HeatingSteam, Forced Air, Fireplace(s), Hot Water, Radiant Floor
CoolingCentral Air
BasementYes
WaterfrontLake Front
FireplaceGas, Primary Bedroom
MLS #6553268
StatusActive

About 61630 Nutmeg Rd

Designed by the architect owner, this lake home is truly one of a kind! Situated on a beautiful lot on Ballantyne Lake near Mankato is this 4,000+ sq ft home w/ 2 beds/4 baths, vaulted ceilings, oversized windows, skylights & an incredible screen porch to relax & enjoy views of the lake without those pesky mosquitoes. The main level requires no steps to enter & accommodates one-level living. Includes an owner’s suite w/ gas fireplace, walk-in closet & spa tub in the private bath; a spacious living room w/ gas fireplace & office area, eat-in kitchen w/ abundant storage, ½ bath, laundry w/ utility sink & attached garage. The 2nd level: bedroom, ¾ bath, large landing area for a family room & a storage room. The lower level walk-out is finished w/ the exception of the floor & has a family/rec room, wet bar area, 1/2 bath, shop/storage room & 2 tuck-under garages. Outside you'll find a sprawling lawn that leads down to the undeveloped lakeshore w/ endless options for fun on the water!

Property Details

Property Features

Property Information:

  • Year Built: 2008
  • Living Area: 2,666 SqFt

Listing Office:

  • Office Name: Edina Realty, Inc. - Duluth

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Gas Water Heater, Range, Refrigerator, Washer, Water Softener
  • Basement: Yes
  • Fireplace: Gas, Primary Bedroom

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Lake Front

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage

Lot Features

Lot Information:

  • Lot: Accessible Shoreline

Utilities

Utilities Information:

  • Heating: Steam, Forced Air, Fireplace(s), Hot Water, Radiant Floor
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • East Senior High School, Public District Grades 9-12
  • East Junior High School, Public District Grades 7-8
  • Eagle Lake Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: MN 60 W to Park Rd to Nutmeg Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000
  • Price Per SqFt: $244/SqFt

Tax Information:

  • Annual Amount: $7,274
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Madison Lake, MN.

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Madison Lake, MN

City

Med. List Price

$342K

Med. Price/SqFt

$208

Avg. Days On Market

193

61630 Nutmeg Rd vs Madison Lake

144 DAYS ON ROCKET

-49 Days

$650,000

+$308K More

$244/SqFt

+$35 More

KEY TAKEAWAY

This property is $308K more than the Median List Price and $35/SqFt more than other homes in Madison Lake, MN.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6553268

Listing Office:

  • Office Name: Edina Realty, Inc. - Duluth

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Last updated on: 11/5/2024, 6:22:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$7,274$529,000
2020$7,032$503,900
2019$6,970$503,900
2017$6,764$494,800

History based on county public records data.

Payment Calculator

$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-71152
9
/10

  • Eagle Lake Elementary School

  • 500 Le Sueur Ave

  • 4.68 miles

  • Public District Grades KG-5

Middle School

school-card-donut-71153
4
/10

  • East Junior High School

  • 2600 Hoffman Rd

  • 7.84 miles

  • Public District Grades 7-8

High School

school-card-donut-71154
6
/10

  • East Senior High School

  • 2600 Hoffman Rd

  • 7.84 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $71,839. Typical income of Madison Lake, MN residents is between $35k-100k annually. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 61630 Nutmeg Rd

What is the listing price of this property?

The listing price of 61630 Nutmeg Rd property is $650,000.

What type of property is this?

The property 61630 Nutmeg Rd is a house located in Madison Lake, Minnesota, 56063.

Is this property for sale now?

Active Listing: 61630 Nutmeg Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 61630 Nutmeg Rd are:
Eagle Lake Elementary School: GreatSchools Rating 9/10
East Junior High School: GreatSchools Rating 4/10
East Senior High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,274 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 61630 Nutmeg Rd has 2 bedrooms and 1 full and 2 half bathrooms.

What is the square footage of this property?

The property 61630 Nutmeg Rd is 2,666 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 61630 Nutmeg Rd is 2008.

Rocket Homes›Minnesota›Blue Earth County›Madison Lake›56063›61630 Nutmeg Rd

This home is located at 61630 Nutmeg Rd in Madison Lake, MN and zip code 56063. This 2,666 square foot home was built in 2008. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 14, 2024 and is currently priced at $650,000.

Between September 2024 and October 2024, Madison Lake, MN real estate market has seen decrease in the number of listings by 15.4%. In October 2024 median list price was $342,000 and the average listing age was 193 days.

From Rocket Homes Real Estate and based on county public records data.

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