$250,000
SOLD AUG 29, 2025

503 W Madison Ave Mahnomen, MN 56557

3 Beds
2 Baths
2,120 Sq Ft
16,771 Sq Ft Lot

Recently Sold

$118 Per Sq Ft

2% Above List Price

44 Days on Market

Highlights

  • Radiant Floor
  • Stainless Steel Appliances
  • 2 Car Attached Garage
  • No HOA
  • The kitchen features windows
  • Forced Air Heating and Cooling System

About This Home

As of August 2025

Welcome home to this charming and well-cared-for split-entry residence nestled in a quiet, established neighborhood in Mahnomen—right across from the local school.
This 3-bedroom, 2-bath home offers 2,120 finished square feet of thoughtfully designed living space, including a spacious lower-level family room with a cozy brick fireplace and a bonus room ideal for guests, a home office, or creative retreat.
Built for both comfort and convenience, the home features:
Maintenance-free steel siding
A newer roof for peace of mind
An attached heated garage
And a sunroom—perfect for year-round relaxing, reading, or morning coffee
Step outside into your private, beautifully landscaped backyard, offering space for entertaining, gardening, or simply unwinding in nature.
With its combination of functional upgrades and welcoming charm, this home is a wonderful opportunity for anyone looking to settle into a quiet community with the schools and small-town charm just steps away.

Last Agent to Sell the Property

Wendy Steinmetz

Real Broker, LLC Listed on: 07/16/2025

Real Broker, LLC

Last Buyer's Agent

Zachary Erickson

HomeSmart Adventure Realty

HomeSmart Adventure Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,314

Year Built

  • Built in 1982

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 120x140
  • Many Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home
  • Steel Siding

Interior Spaces

  • Self Contained Fireplace Unit Or Insert
  • Brick Fireplace
  • Electric Fireplace
  • Family Room with Fireplace
  • Radiant Floor
  • Basement
  • Block Basement Construction

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 180020215

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,314

Year Built

Built in 1982

Lot Details

0.38 Acres

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1982
  • Above Grade Finished Sq Ft: 1132
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,Fiber Optic
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Fireplace Features: Brick, Electric, Family Room, Insert
  • Living Area: 2120
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 988
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck,Enclosed,Rear Porch,Screened

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air, Fireplace(s), Radiant Floor
  • Sewer: City Sewer/Connected
  • Fuel: Electric,Natural Gas
  • Power Company: Ottertail Power

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Kitchen Center Island,Kitchen Window,Natural Woodwork,Porch,Sun Room,Tile Floors,Washer/Dryer Hookup

Schools

  • Junior High Dist: Mahnomen
  • SchoolDistrictPhone: 218-935-2211

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 120x140
  • Lot Size Sq Ft: 16770.6
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Steel Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 180020215
  • Tax Annual Amount: 2314
  • TaxWithAssessments: 2314.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2025
Closed on
Aug 29, 2025
Sold by
Schoenborn Darvin and Schoenborn Terry
Bought by
Mcarthur Timothy and Englund Carissa
Seller's Agent
Wendy Steinmetz
Real Broker, LLC
Buyer's Agent
Zachary Erickson
HomeSmart Adventure Realty
List Price
$244,000
Sold Price
$250,000
Premium/Discount to List
$6,000
2.46%
Views
33
Current Estimated Value
$207,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,013
Avg. Annual Appreciation
-30.29%
Original Mortgage
$248,000
Outstanding Balance
$248,000
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
-$40,013
Source: Public Records
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Purchase History

Date Type Sale Price Title Company
Deed $250,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $248,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2025 08/29/25 Sold $250,000 +2.5% $118 / Sq Ft
07/16/2025 07/16/25 For Sale $244,000 -- $115 / Sq Ft
Source: NorthstarMLS

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 $2,254 $191,600 $12,800 $178,800
2024 $2,314 $193,700 $12,800 $180,900
2023 $2,314 $193,700 $12,800 $180,900
2022 $1,662 $148,700 $8,500 $140,200
2021 $1,382 $126,500 $8,500 $118,000
2020 $1,430 $115,200 $8,500 $106,700
2019 $1,504 $116,400 $8,500 $107,900
2018 $1,006 $116,400 $8,500 $107,900
2017 $1,060 $85,800 $8,500 $77,300
2016 $820 $89,800 $8,500 $81,300
2015 $832 $45,400 $5,098 $40,302
2013 $790 $45,400 $5,098 $5,098
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6755977

NorthstarMLS

APN: 18.002.0215

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