NOT LISTED FOR SALE

220 NE 9th St Madison, SD 57042

Estimated Value: $533,054

9 Beds
4 Baths
2,992 Sq Ft
$178/Sq Ft Est. Value

Sale Details

Date Sold: May 29, 2025

Last sale price $570,000 $191 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,069 / mo

63 Days on Market

Highlights

  • 0.71 Acre Lot
  • Carpet
  • 1-Story Property

About This Home

As of May 2025

Premium location for rental income with this triplex and oversized double garage on almost 3/4 acre with potential for future development. Located near the Madison Community Center, Beacom Premier Complex and Dakota State University. This property has a 4 bedroom 2 bath unit, 3 bedroom 1 bath unit and 2 bedroom 1 bath unit. The oversized 28x28 garage could be rented for additional revenue, but is currently used by the owner for personal use. Don't miss this excellent opportunity!

Last Agent to Sell the Property

Adam Foland

EXIT Realty Advantage Listed on: 03/11/2025

EXIT Realty Advantage

Last Buyer's Agent

Angela Peters

EXIT Realty Advantage

EXIT Realty Advantage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,573

Year Built

  • Built in 1919

Lot Details

  • 30,900 Sq Ft Lot

Parking

  • Paved Parking

Home Design

  • Triplex
  • Composition Shingle Roof

Interior Spaces

  • 2,992 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Washer and Dryer Hookup

Schools

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

Community Details

  • 3 Units
  • Temporary Check Back Subdivision

Listing and Financial Details

  • Assessor Parcel Number 21350-00300-130-10

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,573

Year Built

Built in 1919

Lot Details

0.71 Acres

Listing Details

  • Class: MULTI-FAMILY
  • Property Sub Type: Triplex
  • Estimated Finished Sq Ft: 2992
  • Inside City Limits: Yes
  • Legal Description: E70' LOTS 8-9-10 & ALL LOTS 11-12-13 BLK 3 DALY'S ADDITION #1693M
  • Sp Percent Lp: 95.02
  • Year Built: 1919
  • Suffix: Street
  • Directions To Property: North Washington Ave to NE 9th Street then West one block.
  • Elementary School: Madison ES
  • Geo Longitude: -97.111454
  • High School: Madison HS
  • Middle School: Madison MS
  • School District: Madison Central 39-2
  • Subdivision: Temporary Check Back
  • Special Features: None
  • Stories: 1

Interior Features

  • Price Per Sq Ft: 190.51
  • Number Of Stories: 1

Exterior Features

  • Exterior: Wood
  • Roof: Shingle Composition

Garage/Parking

  • Parking: Paved Area

Utilities

  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Unit Features: Carpets, Wash/Dry Hookups

Lot Info

  • Acres: 0.7094
  • Geo Subdivision: SD
  • Lot Dimensions: 136x150 & 70x150
  • Lot Size Sq Ft: 30900

Tax Info

  • Assessor Parcel Number: 21350-00300-130-10
  • Taxes: 2572.96

Multi Family

  • Bathrooms Per Unit: 1
  • Bathrooms Varies By Unit: Yes
  • Bedroom Varies By Unit: Yes
  • Total Units: 3

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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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
05/29/2025 05/29/25 Sold $570,000 -5.0% $191 / Sq Ft
05/14/2025 05/14/25 Pending -- -- --
03/11/2025 03/11/25 For Sale $599,900 -- $201 / 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 $2,672 $146,800 $25,100 $121,700
2024 $2,584 $146,800 $25,100 $121,700
2023 $2,622 $144,500 $22,800 $121,700
2022 $3,273 $139,900 $18,200 $121,700
2021 $3,151 $139,900 $18,200 $121,700
2020 $2,825 $139,900 $18,200 $121,700
2019 $2,956 $121,000 $15,200 $105,800
2018 $4,238 $121,000 $15,200 $105,800
2017 $4,238 $121,000 $15,200 $105,800
2016 -- $154,600 $15,200 $139,400
2013 -- $153,600 $14,200 $139,400
Source: Public Records

Agents Affiliated with this Home

  • Adam Foland

    Seller's Agent in 2025

    Adam Foland

    EXIT Realty Advantage

    (605) 270-2598

    143 in this area

    180 Total Sales

    Adam Foland
    Section Image
  • Angela Peters

    Buyer's Agent in 2025

    Angela Peters

    EXIT Realty Advantage

    (605) 999-3931

    85 in this area

    139 Total Sales

    Angela Peters
    Section Image
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Map

Source: REALTOR® Association of the Sioux Empire

MLS Number: 22501576

REALTOR® Association of the Sioux Empire

APN: 21350-00300-130-10

South Dakota Lake County Madison 57042

220 NE 9th St, Madison, SD

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of the Sioux Empire The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
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