$99,000
SOLD JAN 7, 2026

123 Jefferson Ave N Madison, SD 57042

2 Beds
2 Baths
1,458 Sq Ft
8,820 Sq Ft Lot

Recently Sold

$68 Per Sq Ft

17% Below List Price

21 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • 5-minute walk to Belatti Park
  • Wood Flooring
  • Shed

About This Home

As of January 2026

Charming 2-bedroom, 2-bathroom single-family home offering tremendous value and opportunity in today’s market. This residence features some beautiful hardwood floors and energy-efficient vinyl insert replacement windows. The spacious detached 2-car garage and expansive yard provide ample storage and outdoor enjoyment. This property is ideal for homebuyers looking to build equity or investors seeking a solid addition to their portfolio. The home has been a successful rental in the past and is ready for its next chapter—whether that’s cosmetic updates to make it your own or continued income-producing potential. Bring your vision and take advantage of this outstanding opportunity at an attractive price point.

Last Agent to Sell the Property

Christopher Fellerman

Hegg, REALTORS Listed on: 11/25/2025

Hegg, REALTORS

Co-Listed By

Brad Benson

Signature Realty Group LLC

Last Buyer's Agent

Tony Bachman

Coldwell Banker Empire Realty

Coldwell Banker Empire Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,511

Year Built

  • Built in 1929

Lot Details

  • 8,820 Sq Ft Lot
  • Lot Dimensions are 60 x 147

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Composition Roof

Interior Spaces

  • 1,458 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Madison Elementary School
  • Madison Middle School
  • Madison High School

Additional Features

  • Shed
  • City Lot
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,511

Year Built

Built in 1929

Lot Details

8,820 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Year Built: 1929
  • Elementary School: Madison ES
  • High School: Madison HS
  • Property Type: Residential
  • Lot Features: City Lot
  • LotSizeAcres: 0.2025
  • Lot Size: 60 X 147
  • Road Surface Type: Curb and Gutter
  • Has HOA?: No
  • Co List Office Mls Id: 765530498
  • Co List Office Mls Id: 765530498
  • Subdivision Name: No Subdivision
  • Directions: From Washington Ave and 2nd St NE: Turn East Follow 2nd to Jefferson turn Rt on Jeffferson.
  • Above Grade Finished Sq Ft: 1026.0
  • Architectural Style: Ranch
  • Living Area: 1458.0
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Basement: Full
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 432.0
  • Flooring: Carpet, Tile, Wood, Vinyl
  • Main Level Bedrooms: 2
  • Total Bedrooms: 9

Exterior Features

  • Roof: Composition
  • Construction Type: Synthetic Stucco, Wood Siding, Metal
  • Foundation Details: Poured
  • Other Structures: Shed(s)
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Junior High Dist: MadisonCen
  • Middle Or Junior School: Madison MS

Lot Info

  • Lot Size Sq Ft: 8820.0

Tax Info

  • Tax Annual Amount: 1511.02
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2026 01/07/26 Sold $99,000 -17.4% $68 / Sq Ft
12/16/2025 12/16/25 Pending -- -- --
11/25/2025 11/25/25 For Sale $119,875 -- $82 / Sq Ft
Source: REALTOR® Association of the Sioux Empire

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,511 $87,100 $12,000 $75,100
2024 $1,511 $87,100 $12,000 $75,100
2023 $1,273 $81,900 $10,400 $71,500
2022 $1,266 $64,900 $7,700 $57,200
2021 $1,219 $53,600 $5,900 $47,700
2020 $1,095 $53,600 $5,900 $47,700
2019 $919 $46,400 $4,900 $41,500
2018 $931 $46,400 $4,900 $41,500
2017 $931 $46,600 $4,900 $41,700
2016 -- $46,600 $4,900 $41,700
2013 -- $35,600 $4,400 $31,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of the Sioux Empire

MLS Number: 22508775

REALTOR® Association of the Sioux Empire

APN: 21045-00900-030-20

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