$120,000
SOLD OCT 17, 2025

518 NW 1st St Madison, SD 57042

4 Beds
2 Baths
1,827 Sq Ft
10,724 Sq Ft Lot

Recently Sold

$66 Per Sq Ft

35% Below List Price

137 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Patio
  • No HOA
  • Ceiling height of 9 feet on the lower level
  • Hot Water Heating System

About This Home

As of October 2025

This two-story home features considerable charm and character, complemented by hardwood flooring throughout!! The spacious living and dining rooms showcase original flooring, a pocket door, and a beautiful bay window in the dining area. The kitchen is equipped with a gas stove and provides access to a paved patio, ideal for outdoor entertaining. The large backyard includes alley access to an oversized triple garage, which offers ample storage space and a pellet stove for added comfort. The main level bedroom includes a three-quarter en suite for convenience. Upstairs, there are two generous bedrooms connected by a distinctive pocket door; one bedroom features a stunning bay window, while the west-facing bedroom has access to an upper covered porch, perfect for enjoying morning coffee. Additionally, the upper level includes another bedroom and an extra room with a sink and full bathroom. A recent upgrade includes a new boiler system installed in 2025, offering peace of mind. Whether relaxing on the front covered porch or enjoying the hot tub enclosed by a privacy fence, this home provides numerous options for outdoor enjoyment. Please note that this property is an estate being sold "as is.

Last Agent to Sell the Property

Lori Hansen

Signature Realty Group LLC Brokerage Phone: 605-553-4638 Listed on: 05/03/2025

Co-Listed By

Julie Jones

Signature Realty Group LLC Brokerage Phone: 605-553-4638

Last Buyer's Agent

Julie Roth

Real Broker LLC

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,100

Year Built

  • Built in 1914

Lot Details

  • 10,725 Sq Ft Lot
  • Lot Dimensions are 75x143
  • Partially Fenced Property

Parking

  • 3 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,827 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the lower level
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • Madison Elementary School
  • Madison Middle School
  • Madison High School

Additional Features

  • Patio
  • City Lot
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,100

Year Built

Built in 1914

Lot Details

10,725 Sq Ft Lot

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Year Built: 1914
  • Elementary School: Madison ES
  • High School: Madison HS
  • Property Type: Residential
  • Lot Features: City Lot
  • LotSizeAcres: 0.2462
  • Lot Size: 75x143
  • Has HOA?: No
  • Co List Office Mls Id: 765530498
  • Co List Office Mls Id: 765530498
  • Subdivision Name: No Subdivision
  • Directions: 2nd Street and south on Union Ave and east on NW 1st to property on north side of the road
  • Above Grade Finished Sq Ft: 1827.0
  • Architectural Style: Two Story
  • Living Area: 1827.0
  • Special Features: None

Interior Features

  • Interior Amenities: 3+ Bedrooms Same Level, 9 FT+ Ceiling in Lwr Lvl, Formal Dining Rm, Master Downstairs, Master Bath
  • Appliances: Range, Refrigerator, Washer, Dryer, Freezer
  • Basement: Full
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Vinyl, Wood
  • Main Level Bedrooms: 1
  • Total Bedrooms: 8

Exterior Features

  • Roof: Composition
  • Construction Type: Other
  • Foundation Details: Other
  • Patio And Porch Features: Patio, Front Porch

Garage/Parking

  • Garage Spaces: 3.0

Utilities

  • Cooling: Window Unit(s)
  • Heating: Hot Water
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Junior High Dist: MadisonCen
  • Middle Or Junior School: Madison MS

Lot Info

  • Fencing: Partial
  • Lot Size Sq Ft: 10725.0

Tax Info

  • Tax Annual Amount: 2099.64
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2025 10/17/25 Sold $120,000 -27.2% $66 / Sq Ft
09/18/2025 09/18/25 Pending -- -- --
08/12/2025 08/12/25 Price Changed $164,900 -5.7% $90 / Sq Ft
06/13/2025 06/13/25 Price Changed $174,900 -5.4% $96 / Sq Ft
05/03/2025 05/03/25 For Sale $184,900 -- $101 / 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 $2,100 $147,600 $27,800 $119,800
2024 $2,100 $147,600 $27,800 $119,800
2023 $1,748 $138,300 $24,200 $114,100
2022 $1,746 $109,200 $17,900 $91,300
2021 $1,686 $89,900 $13,800 $76,100
2020 $1,527 $89,900 $13,800 $76,100
2019 $1,513 $77,700 $11,500 $66,200
2018 $1,528 $77,700 $11,500 $66,200
2017 $1,528 $77,700 $11,500 $66,200
2016 -- $77,700 $11,500 $66,200
2013 -- $63,500 $10,700 $52,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: REALTOR® Association of the Sioux Empire

MLS Number: 22503277

REALTOR® Association of the Sioux Empire

APN: 21085-00600-090-10

Your Personal Tour Guide

Ask me questions while you tour the home.