412 SW 2nd St Madison, SD 57042
Estimated payment $524/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,105 | $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 |
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 |
|---|---|---|---|---|
| 07/07/2026 07/07/26 | Price Changed | $79,900 | -11.1% | $62 / Sq Ft |
| 06/04/2026 06/04/26 | Price Changed | $89,900 | -10.0% | $70 / Sq Ft |
| 02/25/2026 02/25/26 | For Sale | $99,900 | -- | $78 / Sq Ft |
About the Listing Agent
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.
Julie's Other Listings
Source: REALTOR® Association of the Sioux Empire
MLS Number: 22601276
APN: 21040-00800-080-10
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Ask me questions while you tour the home.