616 W 5th St Madison, MN 56256
Estimated payment $495/month
Total Views
39,153
4
Beds
1.5
Baths
1,640
Sq Ft
$44
Price per Sq Ft
Highlights
- Multiple Garages
- Walk-In Pantry
- Living Room
- No HOA
- Walk-In Closet
- Laundry Room
About This Home
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.
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
Parking
- 1 Car Garage
- Multiple Garages
Home Design
- Unfinished Walls
Interior Spaces
- 1,640 Sq Ft Home
- 2-Story Property
- Living 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
Map
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
Average Home Value in this Area
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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $3,000 | None Listed On Document | |
| Warranty Deed | $43,345 | -- |
Source: Public Records
About the Listing Agent
The youngest of four kids, Joleen grew up on a farm near Madison, MN, so she was born into the life of working hard. Her family raised feeder cattle, hogs, chickens, geese, rabbits, and several family pets including dogs, cats, and even a Parakeet named Charlie. They gardened, were in 4-H, and took part in weekly church activities.
Since she could drive, Joleen worked. After graduating from LQPV High School, she attended and graduated from SMSU with honors, obtaining degrees in Business
Joleen's Other Listings
Source: NorthstarMLS
MLS Number: 6702681
APN: 54-0147-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes