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428 Madison St NE, Minneapolis, MN, 55413

$280,000

Home List Price

$3,325*

Closing Credit

1 Bedroom
1 Full Bath
1,010 SqFt
$277/SqFt
House

Location

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428 Madison St NE, Minneapolis$280,000

Buyer Closing Credits

$3,325*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingParking Garage
Garage2 spaces
Year Built1865
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6618304
StatusActive

About 428 Madison St NE

Location, Location, Location!!! This quaint home sits on a quiet cul-de-sac with the large St Anthony Park right in your back yard. Walk 2 blocks and you are at some of the hottest, hippest restaurants and entertainment in St Anthony Main. As you enter this charming home you'll notice the warmth and character that only this era of house can exude. It's cozy living room with hardwood floors opens up to a casual dinning area. As you enter the kitchen with it's new appliances, you will appreciate the convenience and ease of cooking it provides. There is also a bathroom with a shower on this level as well as the washer and dryer. Upstairs, you will find the primary bedroom and a loft area. This loft was once a 2nd bedroom, and with a wall easily added back, it could be returned to that. Otherwise, it makes a nice sitting area, office or exercise space. The bathroom on this level has a claw foot tub to soak your cares away. When you exit the back door off the kitchen you are greeted with a beautiful private patio oasis. A perfect spot to enjoy your morning coffee in the warmer months, or to entertain friends with a BBQ. The sunny back yard would not require a lot of maintenance, but there is room for gardening or enjoying a nice lawn. This home has been freshly painted inside and out and is ready for you to call it you own!

Property Details

Property Features

Property Information:

  • Year Built: 1865
  • Living Area: 1,010 SqFt

Listing Office:

  • Office Name: Realty ONE Group SIMPLIFIED

Interior Features

Interior Information:

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Parking Garage

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Downtown Minneapolis, go north on Central Ave to Spring St. Go left to Madison St NE. Go left to house on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $280,000
  • Price Per SqFt: $277/SqFt

Tax Information:

  • Annual Amount: $2,802
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

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Minneapolis, MN

City

Med. Sold Price

$350K

Med. Price/SqFt

$202

Avg. Days On Market

40

# of Sold Homes

875

428 Madison St NE vs Minneapolis

65 DAYS ON ROCKET

+25 Days

$280,000

-$70K Less

$277/SqFt

+$74 More

KEY TAKEAWAY

This property is $70K less than the Median Sold Price and $74/SqFt more than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6618304

Listing Office:

  • Office Name: Realty ONE Group SIMPLIFIED

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Last updated on: 1/5/2025, 8:22:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 19, 2015Home Sold
$167,000
Sep 19, 2007Home Sold
$189,900
Oct 31, 2005Home Sold
$187,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,802$224,500
2019$3,196$207,465
2018$2,657$175,310
2017$2,750$180,760

History based on county public records data.

Payment Calculator

$1,465

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$906

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-588661
3
/10

  • Webster Community School

  • 425 5th St NE

  • 0.11 miles

  • Public District Grades PK-5

school-card-donut-588662
1
/10

  • Sheridan Elementary School

  • 1201 University Ave NE

  • 0.57 miles

  • Public Magnet Grades PK-5

school-card-donut-588663
2
/10

  • Banaadir Elementary School

  • 1800 2nd St NE

  • 1.07 miles

  • Public Charter Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,714. The majority of Minneapolis, MN residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 428 Madison St NE

What is the listing price of this property?

The listing price of 428 Madison St NE property is $280,000.

What type of property is this?

The property 428 Madison St NE is a house located in Minneapolis, Minnesota, 55413.

Is this property for sale now?

Active Listing: 428 Madison St NE is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,802 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 19, 2015 for $167,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 428 Madison St NE has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 428 Madison St NE is 1,010 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 428 Madison St NE is 1865.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55413›428 Madison St NE

This home is located at 428 Madison St NE in Minneapolis, MN and zip code 55413 in the Saint Anthony East neighborhood. This 1,010 square foot home was built in 1865. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $280,000.

While more than 289 listings in Minneapolis, MN in December 2024 were sold above asking price, there were more than 179 listings sold at asking price, and more than 405 were sold below. In December 2024 in Minneapolis, MN there were 11.9% less homes for sale than in November 2024. While the average time on the market in December 2024 was 40 days, the median list price was $350,000.

From Rocket Homes Real Estate and based on county public records data.

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