NOT LISTED FOR SALE

418 418 8th Ave Madison, MN 56256

Estimated Value: $50,000 - $59,000

2 Beds
1.5 Baths
648 Sq Ft
$81/Sq Ft Est. Value

Last Sold May 14, 2013

Last sale price $13,500 $21 Per Sq Ft

Est. 289% increase in value since last sale

Current estimated payment $324/month

337 Days on Market

Highlights

  • Corner Lot
  • Eat-In Kitchen
  • 1-Story Property
  • 1 Car Detached Garage
  • Bathroom on Main Level
  • 4-minute walk to Big Fishy

About This Home

As of May 2013

Why rent when you can own? Cute little home, corner lot, offers 2 bedrooms 1 bath and a garage. The basement could be finished off for additional living space.

Last Agent to Sell the Property

Dawn Peterson

Peterson Team Realty Listed on: 06/05/2012

Co-Listed By

Tristin Peterson Bothun

Peterson Team Realty

Last Buyer's Agent

Dawn Peterson

Peterson Team Realty Listed on: 06/05/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $454

Year Built

  • 1940

Lot Details

  • Lot Dimensions are 75x70
  • Corner Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 648 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 54-0168-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$454

Year Built

1940

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Eat-In Kitchen
  • Assessment Balance: 363.18
  • Construction: Previously Owned
  • Parcel Number: 54-0168-000
  • Stories: 1 Story
  • Taxes With Assessments: 572
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Dining Room: Eat-In Kitchen
  • Total Bedrooms: 2
  • Bathroom Description: 1/2 Basement, Full Master, Main Floor Full Bath
  • Total Bathrooms: 2
  • One Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Kitchen, 13x10, On Level: Main
  • Room 2: Living Room, 11x14, On Level: Main
  • Room 3: Bedroom, 10x8, On Level: Main
  • Room 4: Master Bedroom, 11x8, On Level: Main
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 648
  • Total Fin Square Footage: 648
  • Total Square Footage: 1296

Exterior Features

  • Frontage Road: City
  • Exterior: Vinyl
  • Roof: Metal

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Cooling: Window
  • Fuel: Electric
  • Heat: Baseboard
  • Sewer: City
  • Water: City

Schools

  • School District: Lac Qui Parle Valley #2853

Lot Info

  • Estimated Lot Dimensions: 75x70
  • Lot/Land Description: Corner Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2025
Sold by
Olin Mary Ellen
Bought by
Lemay William L
Current Estimated Value
$52,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,425
Outstanding Balance
$37,362
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
$16,575
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Lemay William L $49,900 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lemay William L $37,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2013 05/14/13 Sold $13,500 -32.2% $21 / Sq Ft
05/08/2013 05/08/13 Pending -- -- --
06/05/2012 06/05/12 For Sale $19,900 -- $31 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

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
2024 $454 $33,700 $3,000 $30,700
2023 $646 $33,700 $3,000 $30,700
2022 $520 $27,200 $3,000 $24,200
2021 $498 $19,200 $3,000 $16,200
2020 $492 $16,700 $3,000 $13,700
2019 $476 $16,200 $3,000 $13,200
2018 $468 $16,200 $3,000 $13,200
2017 $454 $14,900 $3,000 $11,900
2016 $454 $13,800 $3,000 $10,800
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4327226

REALTOR® Association of Southern Minnesota

APN: 54-0168-000