NOT LISTED FOR SALE

418 NW 1st St Madison, SD 57042

Estimated Value: $103,000 - $131,000

3 Beds
1.5 Baths
1,528 Sq Ft
$81/Sq Ft Est. Value

Sale Details

Date Sold: June 18, 2025

Last sale price $112,500 $74 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $833 / mo

17 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Ceiling Fan
  • Formal Dining Room
  • Porch
  • Hot Water Heating System

About This Home

As of June 2025

Attention 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!

Last Agent to Sell the Property

Angela Peters

EXIT Realty Advantage Listed on: 05/22/2025

EXIT Realty Advantage

Last Buyer's Agent

Angela Peters

EXIT Realty Advantage Listed on: 05/22/2025

EXIT Realty Advantage

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,887

Year Built

Built in 1924

Lot Details

7,810 Sq Ft Lot

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Style: Two Story
  • Property Sub Type: Single Family
  • Estimated Finished Sq Ft: 1528
  • Cross Street: Union
  • Inside City Limits: Yes
  • Legal Description: E40'LOT 9 & W15' LOT 8 BLK 11 TOWN PROP 1ST ADD #417M
  • Sp Percent Lp: 87.96
  • Streets: Public Maintenance, Asphalt
  • Year Built: 1924
  • Is Land Owned Or Leased: Owned
  • Suffix: Street
  • Directions To Property: 2nd Street and south on Union Ave and east on NW 1st to property on north side of the road
  • Elementary School: Madison ES
  • Geo Longitude: -97.119484
  • High School: Madison HS
  • Middle School: Madison MS
  • School District: Madison Central 39-2
  • Subdivision: Temporary Check Back
  • Special Features: None

Interior Features

  • Equipment: Electric Oven/Range, Dishwasher, Refrigerator, Ceiling Fans
  • Floors: Wood, Vinyl, Concrete
  • Interior Amenities: Formal Dining Rm, 3+ Bedrooms Same Level
  • Number Of Bedrooms: 3
  • Master Bedroom: Dimensions: 13 x 13, On Level: Upper, Wood floor
  • Bedroom 2: Dimensions: 13 x 12, On Level: Upper, Wood floor
  • Bedroom 3: Dimensions: 10 x 10, On Level: Upper, Wood floor
  • Upper Level Number of Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Rooms Comments: See additional doc for rental house
  • Basement: Full
  • Dining Room: Dimensions: 13 x 13, On Level: Main, Hardwood floors
  • Living Room: Dimensions: 25 x 13, On Level: Main, Hardwood floors
  • Room 1: Dimensions: 10 x 6, On Level: Upper, Laundry room
  • Room 2: Dimensions: 13 x 7, On Level: Main, Office or sunroom
  • Room 3: Dimensions: 7 x 7, On Level: Main, Porch no heat source
  • Kitchen: Dimensions: 11 x 10, On Level: Main, Hardwood floor
  • Above Grade Finished Sq Ft: 1528
  • Fireplace Location: Living Room
  • Fireplace Types: Wood Burning
  • Main Level Fireplace: Yes
  • Number Of Fireplaces: 1
  • Price Per Sq Ft: 73.63

Exterior Features

  • Exterior: Wood
  • Foundation: Poured
  • Roof: Shingle Composition

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 1

Utilities

  • Cooling: No AC
  • Heating: Hot Water
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Acres: 0.1793
  • Geo Subdivision: SD
  • Lot Description: City Lot
  • Lot Dimensions: 55x142
  • Lot Size Sq Ft: 7810
  • Site Features: 3-Season Porch, Dirt Drive, Additional Buildings

Tax Info

  • Assessor Parcel Number: 210400110009010
  • Taxes: 1886.62
  • Taxes Reflect: Non-Owner Occupied
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
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

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 $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

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Map

Source: REALTOR® Association of the Sioux Empire

MLS Number: 22503872

REALTOR® Association of the Sioux Empire

APN: 21040-01100-090-10

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