$48,500
SOLD MAR 21, 2025

503 Western Ave Madison, MN 56256

3 Beds
2 Baths
1,128 Sq Ft
10,411 Sq Ft Lot

Recently Sold

$43 Per Sq Ft

17% Below List Price

118 Days on Market

Highlights

  • No HOA
  • Living Room
  • Forced Air Heating System

About This Home

As of March 2025

This 3-bedroom, 2-bathroom home is located on a desirable corner lot. It boasts original woodwork and nice hardwood floors that exude character and warmth. The main-floor laundry adds convenience, and the basement offers an opportunity for more living space. Schedule your viewing today!

Last Agent to Sell the Property

Bruce Vien

Kuhlmann Real Estate, Inc. Listed on: 11/15/2024

Last Buyer's Agent

Larry Sandven

Kuhlmann Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $529

Year Built

  • Built in 1920

Lot Details

  • 10,411 Sq Ft Lot
  • Lot Dimensions are 75x140

Parking

  • 1 Car Garage

Interior Spaces

  • 1,128 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Washer and Dryer Hookup
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Evergreen Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 540457000

Home Details

Home Type

Single Family

Est. Annual Taxes

$529

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 1128
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 24x26
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished
  • Living Area: 1128
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bathroom, Laundry, Bedroom 1, Bedroom 2, Bedroom 3

Beds/Baths

  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Asphalt

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 400

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Natural Woodwork,Washer/Dryer Hookup

Schools

  • Junior High Dist: Lac Qui Parle Valley
  • SchoolDistrictNumber: 2853
  • SchoolDistrictPhone: 320-752-4205

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 75x140
  • Lot Size Sq Ft: 10410.84
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 540457000
  • Tax Annual Amount: 529
  • TaxWithAssessments: 564.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2024
Closed on
Mar 21, 2025
Sold by
Stacy Suzanne M
Bought by
Sanchez Olga
Seller's Agent
Bruce Vien
Kuhlmann Real Estate, Inc.
Buyer's Agent
Larry Sandven
Kuhlmann Real Estate, Inc.
List Price
$58,500
Sold Price
$48,500
Premium/Discount to List
-$10,000
-17.09%
Views
1096
Current Estimated Value
$59,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,005
Avg. Annual Appreciation
62.73%

Purchase Details

Closed on
Sep 27, 2024
Sold by
Eva W Stacy Revocable Trust and Stacy John E
Bought by
Stacy Suzanne M
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $48,500 Quality Title
Deed $500 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Sold $48,500 -17.1% $43 / Sq Ft
03/13/2025 03/13/25 Pending -- -- --
11/15/2024 11/15/24 For Sale $58,500 -- $52 / Sq Ft
Source: NorthstarMLS

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 $910 $45,100 $5,000 $40,100
2023 $564 $51,200 $5,000 $46,200
2022 $390 $37,600 $5,000 $32,600
2021 $372 $30,800 $5,000 $25,800
2020 $360 $28,100 $5,000 $23,100
2019 $336 $27,400 $5,000 $22,400
2018 $320 $27,400 $5,000 $22,400
2017 $328 $24,800 $5,000 $19,800
2016 $318 $26,100 $5,000 $21,100
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: NorthstarMLS

MLS Number: 6631183

NorthstarMLS

APN: 54-0457-000