Seller's Agent in 2025
Angela Peters
EXIT Realty Advantage
(605) 999-3931
84 in this area
138 Total Sales
418 NW 1st St Madison, SD 57042
Estimated Value: $103,000 - $144,000
3
Beds
1.5
Baths
1,528
Sq Ft
$82/Sq Ft
Est. Value
Highlights
- Wood Flooring
- 1 Car Detached Garage
- Ceiling Fan
- Formal Dining Room
- Porch
- Hot Water Heating System
About This Home
As of June 2025Attention investors and flippers! Sold AS-IS, this property offers an opportunity with two separate homes that can provide multiple income streams or serve as a multi-generational living setup. The main house has 3 bedrooms and 2 bathrooms, with hardwood floors. It also offers large gathering spaces perfect for entertaining, and a newer boiler for efficient heating. No matter your plan for this property, this home provides a solid foundation with plenty of possibilities. The smaller house is a cozy 1-bedroom, 1-bathroom unit with an open-concept living room, dining room, and kitchen. This space is ideal for tenants seeking simplicity and convenience or could be used as a guest house or home office. With two income streams and the potential for added value through updates, this property presents a fantastic opportunity for investors or those looking for a multi-unit setup. It’s centrally located with easy access to local amenities and right off a couple of main arteries through Madison. Don’t miss out on this income-generating diamond in the rough!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,887
Year Built
- Built in 1924
Lot Details
- 7,810 Sq Ft Lot
- Lot Dimensions are 55x142
Parking
- 1 Car Detached Garage
- Dirt Driveway
Home Design
- Composition Shingle Roof
Interior Spaces
- 1,528 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Wood Burning Fireplace
- Formal Dining Room
- Basement Fills Entire Space Under The House
Kitchen
- Electric Oven or Range
- Dishwasher
Flooring
- Wood
- Concrete
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
Outdoor Features
- Porch
Schools
- Madison Elementary School
- Madison Middle School
- Madison High School
Utilities
- No Cooling
- Hot Water Heating System
- Electric Water Heater
Community Details
- Temporary Check Back Subdivision
Listing and Financial Details
- Assessor Parcel Number 210400110009010
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/18/2025 06/18/25 | Sold | $112,500 | -12.0% | $74 / Sq Ft |
| 06/09/2025 06/09/25 | Pending | -- | -- | -- |
| 05/22/2025 05/22/25 | For Sale | $127,900 | -- | $84 / 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 | $2,015 | $113,200 | $20,200 | $93,000 |
| 2024 | $1,939 | $113,200 | $20,200 | $93,000 |
| 2023 | $1,621 | $106,200 | $17,600 | $88,600 |
| 2022 | $1,610 | $83,900 | $13,000 | $70,900 |
| 2021 | $1,550 | $69,100 | $10,000 | $59,100 |
| 2020 | $1,415 | $69,100 | $10,000 | $59,100 |
| 2019 | $1,383 | $59,700 | $8,300 | $51,400 |
| 2018 | $1,347 | $59,700 | $8,300 | $51,400 |
| 2017 | $1,347 | $59,700 | $8,300 | $51,400 |
| 2016 | -- | $59,700 | $8,300 | $51,400 |
| 2013 | -- | $41,200 | $7,700 | $33,500 |
Source: Public Records
Agents Affiliated with this Home
-
Angela Peters
Map
Source: REALTOR® Association of the Sioux Empire
MLS Number: 22503872
APN: 21040-01100-090-10
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.
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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