$162,500
PENDING

317 N Olive Ave Madison, SD 57042

Madison Area

Estimated payment $1,006/month

Total Views 553
2 Beds
2 Baths
1,078 Sq Ft
$151 Price per Sq Ft

Highlights

  • Ranch Style House
  • Laundry Room
  • Carpet
  • No HOA

About This Home

Affordable and move-in ready! Welcome home to this cozy, well-maintained 2-bedroom, 2-bath home offering great value and more finished living space in the basement. The main floor features updates throughout! The finished basement provides additional living space along with an additional bathroom and laundry room giving you even more room and flexibility. Another great feature is the impressive garage space! The property includes a detached single garage plus an additional double garage with convenient alley access, providing room for vehicles, storage, hobbies, toys, or a workshop. With an affordable price, updates finished basement, and multiple garages, this is a wonderful opportunity for a first-time buyer, downsizer, or investor. Come take a look—you’ll love what this home has to offer!

Listing Agent

Julie Jones

Signature Realty Group LLC Brokerage Phone: 605-270-9715 Listed on: 08/26/2026

Co-Listing Agent

Lori Hansen

Signature Realty Group LLC Brokerage Phone: 605-270-9715

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,310

Year Built

  • Built in 1930

Lot Details

  • 6,800 Sq Ft Lot
  • Lot Dimensions are 50 x 136

Parking

  • 3 Car Garage

Home Design

  • Ranch Style House
  • Composition Roof

Interior Spaces

  • 1,078 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

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

Additional Features

  • City Lot
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,310

Year Built

Built in 1930

Lot Details

6,800 Sq Ft Lot

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Year Built: 1930
  • Elementary School: Madison ES
  • High School: Madison HS
  • Property Type: Residential
  • Lot Features: City Lot
  • LotSizeAcres: 0.1561
  • Lot Size: 50 x 136
  • Road Surface Type: Curb and Gutter
  • Has HOA?: No
  • Co List Office Mls Id: 765530498
  • AttributionContact: Cell: 605-270-9715
  • Co List Office Mls Id: 765530498
  • Subdivision Name: No Subdivision
  • Directions: 2nd Street to Olive Ave. North to property on west side
  • Above Grade Finished Sq Ft: 616.0
  • Architectural Style: Ranch
  • Living Area: 1078.0
  • Sale_Or_Rent: S
  • Estimated_Selling_Date: 2026-10-02
  • IDX_Include: Yes
  • Extra_Room_One_Comments: Carpet, Shelves, Water htr
  • Extra_Room_One_Length: 14
  • Extra_Room_One_Width: 8
  • Living_Room_Comments: Hardwoods, CF
  • Family_Room_Comments: Vinyl
  • Living_Room_Level: Main
  • Family_Room_Width: 12
  • Living_Room_Width: 11
  • Living_Room_Length: 12
  • Family_Room_Length: 19
  • Family_Room_Level: Basement
  • Extra_Room_One_Level: Basement
  • BelowGradeUnfinishedArea: 154
  • Main_Level_Appx_Fin_SqFt: 616
  • REO_Or_Bank_Owned: No
  • Potential_Short_Sale: No
  • Is_Land_Owned_or_LeasedYN: Owned
  • Inside_city_limitsYN: Yes
  • Price_Date: 2026-08-26
  • Style_Sub_Type: None
  • AI_Water_Heater: Natural Gas
  • AJ_Water_Softener: None
  • ZB_Taxes_Reflect: Owner Occupied
  • AA_Addl_Property_Info: None
  • Lvt_Date: 2026-08-26
  • First_Photo_Add_Dt: 2026-08-26T17:22:14.3
  • Comply_w_MLS_Section_5: Yes
  • Listing_Agent_Must_Be_Present_for_Offer: Yes
  • AdditionalLivingQuarters: Y
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 462.0
  • Flooring: Carpet, Laminate, Vinyl
  • Main Level Bedrooms: 2
  • Total Bedrooms: 8
  • Master_Bedroom_Comments: Hardwoods, CF, Closet
  • Bedroom_Two_Comments: Hardwoods, CF, Closet
  • Bedroom_Two_Length: 9
  • Bedroom_Two_Width: 9
  • Kitchen_Comments: Vinyl, Updated cabinets
  • Bedroom_Two_Level: Main
  • Master_Bedroom_Level: Main
  • Kitchen_Length: 11
  • Kitchen_Width: 11
  • Kitchen_Level: Main
  • Master_Bedroom_Width: 9
  • Basement_Level_Bath_Descr: 3/4, Laundry, Space save shelf
  • Main_Level_Bath_Descrip: Full
  • Master_Bedroom_Length: 10

Exterior Features

  • Roof: Composition
  • Construction Type: Wood Siding
  • Foundation Details: Poured

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Concrete
  • Garage_Dimensions: 30 x 24, 20 x 12
  • AY_Garage_Type: Detached
  • AZ_Garage_Amenities: Oversized

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: 6800.0

Tax Info

  • Tax Annual Amount: 1310.5

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,366 $90,900 $18,100 $72,800
2024 $1,297 $90,900 $18,100 $72,800
2023 $1,077 $85,000 $15,700 $69,300
2022 $1,074 $67,000 $11,600 $55,400
2021 $1,037 $55,100 $8,900 $46,200
2020 $939 $55,100 $8,900 $46,200
2019 $931 $47,600 $7,400 $40,200
2018 $940 $47,600 $7,400 $40,200
2017 $940 $47,600 $7,400 $40,200
2016 -- $47,600 $7,400 $40,200
2013 -- $40,500 $6,900 $33,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/28/2026 08/28/26 Pending -- -- --
08/26/2026 08/26/26 For Sale $162,500 -- $151 / Sq Ft
Source: REALTOR® Association of the Sioux Empire

About the Listing Agent

Julie Jones

Signature Realty Group LLC

(605) 597-7694

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I'm an expert real estate agent with Signature Realty Group LLC in Madison, SD and the nearby area, providing home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells? Give me a call! I'm eager to help and would love to talk to you.

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Source: REALTOR® Association of the Sioux Empire

MLS Number: 22606580

REALTOR® Association of the Sioux Empire

APN: 21110-03300-030-10

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