$99,900

412 SW 2nd St Madison, SD 57042

Estimated payment $625/month

Total Views 17,552
4 Beds
1 Bath
1,280 Sq Ft
$78 Price per Sq Ft

Highlights

  • No HOA
  • Carpet
  • Heating Available

About This Home

Investment opportunity in Madison! This four-bedroom, one-bathroom residence offers opportunity for rental income or value-add renovation. The home features convenient main-floor laundry and a functional layout. Located just a short distance from downtown, the property provides easy access to shopping, dining, and local amenities—an appealing option for tenants. Property is being sold AS IS.

Listing Agent

Julie Jones

Signature Realty Group LLC Brokerage Phone: 605-270-9715 Listed on: 02/25/2026

Co-Listing Agent

Lori Hansen

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

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,105

Year Built

  • Built in 1894

Lot Details

  • 8,517 Sq Ft Lot
  • Lot Dimensions are 50 x 170.33

Home Design

  • Composition Roof

Interior Spaces

  • 1,280 Sq Ft Home
  • 2-Story Property
  • Partial Basement
  • Laundry on main level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Schools

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

Additional Features

  • City Lot
  • Heating Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,105

Year Built

Built in 1894

Lot Details

8,517 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Year Built: 1894
  • Elementary School: Madison ES
  • High School: Madison HS
  • Property Type: Residential
  • Lot Features: City Lot
  • LotSizeAcres: 0.1955
  • Lot Size: 50 x 170.33
  • 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: Washington Ave to 2nd Street to property-Across street from Krug's Business
  • Above Grade Finished Sq Ft: 1280.0
  • Architectural Style: Two Story
  • Living Area: 1280.0
  • Special Features: None

Interior Features

  • Interior Amenities: Main Floor Laundry
  • Basement: Partial
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Carpet, Vinyl
  • Main Level Bedrooms: 2
  • Total Bedrooms: 7

Exterior Features

  • Roof: Composition
  • Construction Type: Wood Siding, Hard Board
  • Foundation Details: Poured

Utilities

  • Cooling: None
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 8517.0

Tax Info

  • Tax Annual Amount: 1104.76

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $1,064 $60,800 $12,500 $48,300
2024 $1,064 $60,800 $12,500 $48,300
2023 $890 $56,900 $10,900 $46,000
2022 $880 $44,900 $8,100 $36,800
2021 $848 $36,900 $6,200 $30,700
2020 $762 $36,900 $6,200 $30,700
2019 $760 $31,900 $5,200 $26,700
2018 $776 $31,900 $5,200 $26,700
2017 $776 $31,900 $5,200 $26,700
2016 -- $31,900 $5,200 $26,700
2013 -- $25,700 $4,700 $21,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2026 02/25/26 For Sale $99,900 -- $78 / Sq Ft
Source: REALTOR® Association of the Sioux Empire

About the Listing Agent

Julie Jones
Julie Jones

Signature Realty Group LLC

(605) 501-5695

Section Image

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.

View Julie's Profile

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Source: REALTOR® Association of the Sioux Empire

MLS Number: 22601276

REALTOR® Association of the Sioux Empire

APN: 21040-00800-080-10

South Dakota Lake County Madison 57042

412 SW 2nd St, Madison, SD

For Sale

Detached

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.
Information is deemed reliable but not guaranteed.
Copyright 2026 REALTOR® Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved.

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Julie Jones
Julie Jones
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Signature Realty Group LLC
(605) 501-5695
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