$34,500
SOLD NOV 13, 2025

708 5th Ave Madison, MN 56256

2 Beds
1 Bath
1,100 Sq Ft
9,104 Sq Ft Lot

Recently Sold

$31 Per Sq Ft

29% Below List Price

128 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • 1 Car Attached Garage
  • Mud Room
  • The kitchen features windows
  • Living Room

About This Home

As of November 2025

This adorable Spanish Style Bungalow home exudes character, comfort and convenience. Entering the home, buyers will experience newer flooring, an open concept for the living and dining areas, separated by gorgeous archways. There is one bedroom on the main floor and a large 3/4 bathroom with laundry hookups on the main floor as well. Then a person can walk upstairs to a spacious 2nd bedroom which has space for an office or play area. Next to the stairs to go up, is the archway leading to the galley kitchen. The basement is equally spacious and a blank canvas for storage of finishing for additional space to relax or for storage. There is an attached shed or garage with no interior access, you access from the back entrance.

Last Agent to Sell the Property

Joleen Marczak

Weichert REALTORS Tower Properties Listed on: 06/25/2025

Weichert REALTORS Tower Properties

Last Buyer's Agent

Joleen Marczak

Weichert REALTORS Tower Properties Listed on: 06/25/2025

Weichert REALTORS Tower Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 9,104 Sq Ft Lot
  • Lot Dimensions are 65x140

Parking

  • 1 Car Attached Garage

Home Design

  • Unfinished Walls

Interior Spaces

  • 1,100 Sq Ft Home
  • 1.5-Story Property
  • Mud Room
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Storage Room
  • Washer and Dryer Hookup
  • Unfinished Basement
  • Block Basement Construction
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System
  • High Speed Internet

Community Details

  • No Home Owners Association
  • City/Madison Subdivision

Listing and Financial Details

  • Assessor Parcel Number 540035000

Home Details

Home Type

Single Family

Year Built

Built in 1928

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: 1928
  • Above Grade Finished Sq Ft: 1100
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: DSL
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Unfinished
  • Appliances: None
  • Living Area: 1100
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Foyer, Living Room, Dining Room, Kitchen, Bedroom 1, Bathroom, Mud Room, Bedroom 2, Storage, Unfinished

Beds/Baths

  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • PoolFeatures: None
  • ConstructionMaterialsDesc: Frame

Garage/Parking

  • Parking Features: Attached Garage

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Kitchen Window,Main Floor Primary Bedroom,Washer/Dryer Hookup

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 65X140
  • Lot Size Sq Ft: 9104.04
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 540035000
  • Tax Annual Amount: 1294
  • TaxWithAssessments: 1294.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2025
Closed on
Oct 30, 2025
Sold by
National City Mortgage and Pnc Bank National Association
Bought by
Erp Jason
Seller's Agent
Joleen Marczak
Weichert REALTORS Tower Properties
Buyer's Agent
Joleen Marczak
Weichert REALTORS Tower Properties
List Price
$48,300
Sold Price
$34,500
Premium/Discount to List
-$13,800
-28.57%
Views
1768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11709.70%
Original Mortgage
$27,600
Outstanding Balance
$27,574
Interest Rate
6.34%
Mortgage Type
Construction
Estimated Equity
$30,739

Purchase Details

Closed on
Sep 19, 2024
Sold by
Wellnitz Mitchell G
Bought by
National City Mortgage

Purchase Details

Closed on
Jan 22, 2007
Sold by
Redepenning Jesse J and Redepenning Amanda
Bought by
Wellnitz Mitchell G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,265
Interest Rate
6.16%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Special Warranty Deed $34,500 Simplifile (Recording Service)
Sheriffs Deed -- --
Warranty Deed $36,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $27,600 Construction
Previous Owner $38,265 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2025 11/13/25 Sold $34,500 -13.5% $31 / Sq Ft
10/31/2025 10/31/25 Pending -- -- --
10/11/2025 10/11/25 Price Changed $39,900 -8.5% $36 / Sq Ft
08/31/2025 08/31/25 Price Changed $43,600 -5.0% $40 / Sq Ft
08/01/2025 08/01/25 Price Changed $45,900 -5.0% $42 / Sq Ft
06/25/2025 06/25/25 For Sale $48,300 -- $44 / 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 $1,294 $57,900 $4,000 $53,900
2023 $1,666 $72,600 $4,000 $68,600
2022 $1,344 $52,600 $4,000 $48,600
2021 $1,218 $47,200 $4,000 $43,200
2020 $1,196 $38,600 $4,000 $34,600
2019 $1,134 $37,600 $4,000 $33,600
2018 $886 $37,600 $4,000 $33,600
2017 $864 $33,800 $4,000 $29,800
2016 $852 $32,600 $4,000 $28,600
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: 6745070

NorthstarMLS

APN: 54-0035-000