Google street view image for 850 Mill Race Road, Madelia, MN 56062

Local rules require you to be signed in to see more photos.

 or  for free with no obligation.

Sold
$41,788
—
bd
•
— ba
•
—
sq ft

850 Mill Race Road, Madelia, MN 56062

map-entry

About this home

Madelia's newest subdivision. Country living with city convenience, walking trails. This is a large ravine lot. Only 20 minutes from Mankato on Hwy 169/60. All builder's welcome.

0.72 acresLot Size
Source:Public Records

Redfin Estimate

$41,788
$12K since last sold$4,000 since October

This home's estimate is 84.8% lower than the average sale price ($275K) of 6 comparable homes.

Claim this home to receive a free report every month with insights on the changing estimate.

Market trends in 56062, MN

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price
97.5%

+0.5% MoM

Median sale price
$185K

$13K MoM

Avg. days on market
23d

8 days MoM

Recently sold homes
9

3 MoM

New listings for sale

Provided by Redfin

Sale history for 850 Mill Race Road

Tax history for 850 Mill Race Road

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
0.72 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Other
County
Watonwan County
APN
175.80.02.70.
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Nov 18, 2025.

Property details

Around this home

Schools

Madelia Elementary School

Public PreK-6 • Assigned • 1.1mi

3/10
Madelia Secondary

Public 7-12 • Assigned • 1.0mi

4/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 100° expected this year, 15 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Madelia, MN • 56062
Average low and high temperatures (°F)
25
8
33
14
51
29
60
38
72
50
81
62
85
67
80
62
78
56
65
45
45
30
31
15
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap
Estimated sale price
$40,000 – $49,000

Sell confidently with a local market expert in Madelia. 3 minutes to get started.

Nearby similar homes

$8,800
Land— sq ft
11 N Main St, Sherburn, MN 56171
Listed 254 days
$650,000
Land— sq ft
57400 178th Ln, Good Thunder, MN 56037
Dedicated build site • River views • Abundant wildlife
$41,000
Land— sq ft
133 Flanders Ave SE, Madelia, MN 56062
No hoa • City water • Fiber optic cable
$35,000
Land— sq ft
137 Flanders Ave SE, Madelia, MN 56062
End lot • No hoa • Electric
$41,000
Land— sq ft
135 Flanders Ave SE, Madelia, MN 56062
No hoa • Electric • City water
$35,000
Land— sq ft
503 2nd St SE, Madelia, MN 56062
No hoa • City water • Sewer

New listings for sale in 56062

$230,000
3 beds2 baths1,971 sq ft
13 1st St NE, Madelia, MN 56062
9,234 sq ft lot • Garage • Built 1930
$279,900
5 beds2 baths2,650 sq ft
219 5th St SE, Madelia, MN 56062
Icf foundation • Attached garage • Front deck

Home values near 850 Mill Race Road

Data from public records.
AddressRedfin Estimate
5 Beds | 3 Baths | 3182 Sq. Ft.
$504,985
4 Beds | 2 Baths | 2740 Sq. Ft.
$326,053
AddressRedfin Estimate
5 Beds | 4 Baths | - Sq. Ft.
$462,942
4 Beds | 3 Baths | 3359 Sq. Ft.
$427,505
AddressRedfin Estimate
4 Beds | 3 Baths | 4014 Sq. Ft.
$435,004
5 Beds | 3 Baths | 3148 Sq. Ft.
$432,839

More real estate resources

New Ulm homes for sale
Nicollet homes for sale
Lake Crystal homes for sale
Download the Redfin App on the Apple App Store
Download the Redfin App from the Google Play Store

Join us

Become an Agent
Get referrals
Careers

Find homes faster

Download the Redfin App on the Apple App Store
Download the Redfin App from the Google Play Store

About us

Why Redfin?
Community Impact
Inclusion
Culture
Press
Investors
Blog
Real Estate News

Find us

Contact Us
Help Center
Advertise

Subsidiaries

Rent.
ApartmentGuide

Affiliated Business

Rocket Close
Rocket Mortgage

Countries

US flagUnited States

Canadian flagCanada

Copyright: © 2026 Redfin. All rights reserved.

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

Redfin Brokerage Licenses

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.