$173,000
SOLD OCT 2, 2025

521 N Olive Ave Madison, SD 57042

3 Beds
2 Baths
1,106 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$156 Per Sq Ft

4% Below List Price

89 Days on Market

Highlights

  • Deck
  • Corner Lot
  • No HOA
  • Wood Flooring

About This Home

As of October 2025

Welcome to this charming 1.5-story home perfectly situated on a spacious corner lot, offering character, updates, and room to grow. With 3 bedrooms, 2 bathrooms, and an oversized 1-stall detached garage, this home combines comfort and functionality in a beautifully landscaped setting.

Step inside to find a warm and welcoming main level featuring an updated kitchen that balances style and practicality. The formal dining room showcases beautiful wood floors and provides a perfect space for family meals or entertaining guests. The living room also features wood flooring, creating a cozy atmosphere with timeless appeal. Main floor laundry adds everyday convenience.

Upstairs, you’ll find two comfortable bedrooms and a 3/4 bathroom, providing a private and functional upper-level retreat. The third bedroom is located on the main floor, offering flexibility for guests or a home office. The unfinished basement provides plenty of room for storage or future customization to suit your needs.

Outdoors, enjoy mature shade trees, established landscaping, and a large yard that wraps around the corner lot—ideal for play, gardening, or relaxing in the fresh air. A wood deck adds to the outdoor living space, perfect for enjoying peaceful mornings or hosting summer gatherings.

Don’t miss this wonderful opportunity to own a well-maintained home with classic charm and modern updates in a great location!

Last Agent to Sell the Property

Ron Weber

Hegg, REALTORS Brokerage Phone: 605-336-2100 Listed on: 06/11/2025

Hegg, REALTORS

Last Buyer's Agent

Simon Boever

Amy Stockberger Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,461

Year Built

  • Built in 1914

Lot Details

  • 10,019 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,106 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

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

Additional Features

  • Deck
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Smith And Trows Addn Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,461

Year Built

Built in 1914

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Year Built: 1914
  • Elementary School: Madison ES
  • High School: Madison HS
  • Property Type: Residential
  • Lot Features: Corner Lot
  • LotSizeAcres: 0.23
  • Lot Size: irregular
  • Road Surface Type: Curb and Gutter, Asphalt
  • Has HOA?: No
  • Co List Office Mls Id: 765530022
  • Subdivision Name: Smith And Trows Addn
  • Directions: N Highland Ave & Fifth ST NW, East on Fifth St NW, S on Olive Ave to home
  • Above Grade Finished Sq Ft: 1106.0
  • Architectural Style: 1.5 Story
  • Living Area: 1106.0
  • Special Features: None

Interior Features

  • Interior Amenities: Main Floor Laundry
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Wood, Vinyl
  • Main Level Bedrooms: 1
  • Total Bedrooms: 9

Exterior Features

  • Roof: Composition
  • Construction Type: Wood Siding, Metal
  • Foundation Details: Poured
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Concrete, Gravel

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 10019.0

Tax Info

  • Tax Annual Amount: 1461.1
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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
10/02/2025 10/02/25 Sold $173,000 -3.6% $156 / Sq Ft
09/10/2025 09/10/25 Pending -- -- --
06/12/2025 06/12/25 For Sale $179,500 -- $162 / 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 $1,529 $101,800 $26,700 $75,100
2024 $1,529 $101,800 $26,700 $75,100
2023 $1,521 $94,700 $23,200 $71,500
2022 $1,495 $74,400 $17,200 $57,200
2021 $1,328 $60,900 $13,200 $47,700
2020 $1,194 $55,600 $13,200 $42,400
2019 $1,190 $47,900 $11,000 $36,900
2018 $1,215 $47,900 $11,000 $36,900
2017 $1,215 $47,900 $11,000 $36,900
2016 -- $47,900 $11,000 $36,900
2013 -- $41,200 $10,300 $30,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of the Sioux Empire

MLS Number: 22504463

REALTOR® Association of the Sioux Empire

APN: 21110-03100-020-10