$72,500
SOLD OCT 30, 2025

616 W 5th St Madison, MN 56256

4 Beds
1.5 Baths
1,640 Sq Ft
6,926 Sq Ft Lot

Recently Sold

$44 Per Sq Ft

19% Below List Price

186 Days on Market

Highlights

  • Multiple Garages
  • No HOA
  • Walk-In Closet
  • Sun or Florida Room
  • Walk-In Pantry
  • Living Room

About This Home

As of October 2025

MOTIVATED SELLER. GREAT POTENTIAL. Seller has started to restore the glory of this early 20th Century Bungalow Craftsman Home. With its unique charm, worldly dark woodwork, and the potential for not only 4 bedrooms - but 5, this affordable home can be someone's first home, step up home, or investment property. The home's style and windows provide an abundance of natural light throughout the home. The stately porch invites you in, yet you want to sit and chill. Inside you are greeted with a large living room to the left or a sun room or main floor bedroom with beaming beautiful windows. There is a formal dining with gorgeous wood built ins, then the kitchen is spacious enough for an informal dining as well. The cabinets are plentiful. Upstairs is a 3/4 bathroom and 3 bedrooms, with not one but 2 walk in closets. The basement has the laundry, plus a potential 5th bedroom with an egress window. Outside is a newer constructed garage with its own circuit panel and storage shed. Being close to downtown, you are minutes from walking to shop, eat, parks, or school. Call for a showing today.

Last Agent to Sell the Property

Joleen Marczak

Weichert REALTORS Tower Properties Listed on: 04/13/2025

Weichert REALTORS Tower Properties

Last Buyer's Agent

Marilyn Barnes

Landmark Realtors, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,357

Year Built

  • Built in 1917

Lot Details

  • 6,926 Sq Ft Lot
  • Lot Dimensions are 70x100
  • Few Trees

Parking

  • 1 Car Garage
  • Multiple Garages

Home Design

  • Unfinished Walls

Interior Spaces

  • 1,640 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Basement

Kitchen

  • Walk-In Pantry
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Townsite Subdivision

Listing and Financial Details

  • Assessor Parcel Number 540147000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,357

Year Built

Built in 1917

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1917
  • Above Grade Finished Sq Ft: 1640
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Concrete
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Living Area: 1640
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Sun Room, Pantry (Walk-In), Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Walk In Closet, Bathroom, Other Room, Bedroom 5, Unfinished

Beds/Baths

  • Total Bedrooms: 4
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PoolFeatures: None
  • Fencing: None
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Front Porch,Porch

Garage/Parking

  • Parking Features: Detached, Gravel, Multiple Garages

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: French Doors,Natural Woodwork,Paneled Doors,Porch

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 70x100
  • Lot Size Sq Ft: 6926.04
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 540147000
  • Tax Annual Amount: 1357
  • TaxWithAssessments: 1392.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2025
Closed on
Oct 20, 2025
Sold by
Petermann Brian
Bought by
Camp Renate
Seller's Agent
Joleen Marczak
Weichert REALTORS Tower Properties
Buyer's Agent
Marilyn Barnes
Landmark Realtors, LLC
List Price
$89,900
Sold Price
$72,500
Premium/Discount to List
-$17,400
-19.35%
Views
2229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
71.31%

Purchase Details

Closed on
Apr 12, 2022
Sold by
Rebecke Petermann
Bought by
Petermann Brian

Purchase Details

Closed on
May 15, 2019
Sold by
Collins Eleanora
Bought by
Petermann Brian and Petermann Rebecka
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Contract Of Sale $72,500 --
Quit Claim Deed $3,000 None Listed On Document
Warranty Deed $43,345 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2025 10/30/25 Sold $72,500 0.0% $44 / Sq Ft
10/16/2025 10/16/25 Pending -- -- --
09/17/2025 09/17/25 Price Changed $72,500 -8.2% $44 / Sq Ft
06/20/2025 06/20/25 Price Changed $78,970 -12.2% $48 / Sq Ft
04/13/2025 04/13/25 For Sale $89,900 -- $55 / 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 $950 $73,700 $4,000 $69,700
2023 $1,392 $84,400 $4,000 $80,400
2022 $674 $60,700 $4,000 $56,700
2021 $612 $55,500 $4,000 $51,500
2020 $588 $48,200 $4,000 $44,200
2019 $548 $46,700 $4,000 $42,700
2018 $514 $46,700 $4,000 $42,700
2017 $530 $41,800 $4,000 $37,800
2016 $514 $44,300 $4,000 $40,300
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: 6702681

NorthstarMLS

APN: 54-0147-000