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Backup Offers

509 W Center St, Madison, SD, 57042

$145,000

Home List Price

$1,722*

Closing Credit

3 Bedrooms
2 Full Baths
1,814 SqFt
$80/SqFt
House

Location

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509 W Center St, Madison$145,000

Buyer Closing Credits

$1,722*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage1 space
Year Built1949
HeatingCentral, Gas
CoolingCentral Air, Wall Unit(s)
MLS #22408564
StatusAccepting Backup Offers
(Active - Contingent Home)

About 509 W Center St

Welcome to your next potential haven or investment gem! This delightful house features three cozy bedrooms, and two well-appointed bathrooms. The bright, well-lit street warmly invites you into a residence that was previously used as a single-family home. An intriguing setup on the upper level paves the way for a separate unit, offering excellent rental potential and flexibility. The home is equipped with an attached garage, alley access, and concrete patio, which rounds off the practical features. Within the interior, there’s tons of potential waiting for your personal touch or to transform it into a lucrative investment. The vicinity bristles with essential amenities. Enjoy short strolls to Sunshine Foods for your pantry needs or unwind at the Madison Aquatic Center & Park, both just a hop, skip, and a jump away. Plus, convenient proximity to Madison High School. This property’s prime location coupled with its inherent possibilities makes it an appealing prospect for anyone looking to nest or invest. If your interests lie in creating a personalized living space or tapping into the rental market, this house could indeed be your jackpot. Don’t miss the opportunity to make this house your own or to shape it into an enviable asset!

Property Details

Property Features

Property Information:

  • Architectural Style: Garden Level
  • Year Built: 1949
  • Living Area: 1,814 SqFt

Listing Office:

  • Office Name: Edina Realty
  • Listing Agent: Clay Herding

Interior Features

Interior Information:

  • Appliances: Electric Range, Ceiling Fan(s), Humidifier, Garage Door Opener
  • Flooring Type: Carpet, Wood, Concrete
  • Interior: Master Bed Main Level

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Few Trees, Landscaped, Paved, City Lot

Utilities

Utilities Information:

  • Heating: Central, Gas
  • Cooling: Central Air, Wall Unit(s)

Other

Directions Information:

  • Directions: 2 Blocks off 2nd street near the west side of Madison

Price Information

Listing Price Info

Price Summary:

  • List Price: $145,000
  • Price Per SqFt: $80/SqFt
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Housing Market Comparison

See how this home compares to others in Madison, SD.

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Madison, SD

City

Med. List Price

$295K

Med. Price/SqFt

$158

Avg. Days On Market

56

509 W Center St vs Madison

30 DAYS ON ROCKET

-26 Days

$145,000

-$150K Less

$80/SqFt

-$78 Less

KEY TAKEAWAY

This property is $150K less than the Median List Price and $78/SqFt less than other homes in Madison, SD.

Based on homes listed in November 2024

MLS Details

MLS Information:

  • MLS Number: #22408564

Listing Office:

  • Office Name: Edina Realty
  • Listing Agent: Clay Herding

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by other brokerage firms are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The REALTOR® Association of the Sioux Empire, Inc. does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Broker Reciprocity
©2024 REALTOR® Association of the Sioux Empire, Inc. Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 8:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020 - $56,500
2018 - $48,800

History based on county public records data.

Payment Calculator

$791

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$501

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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-1073314
6
/10

  • Madison Elementary - 07

  • 700 NW 9th St

  • 0.81 miles

  • Public District Grades KG-5

school-card-donut-1073315
7
/10

  • Oldham-Ramona Elementary - 02

  • 220 W 2nd St

  • 9.40 miles

  • Public District Grades PK-6

school-card-donut-1073316
6
/10

  • Rutland Elementary - 02

  • 102 School St

  • 9.69 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,551. Residents of Madison, SD typically earn less than $35k each year. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 509 W Center St

What is the listing price of this property?

The listing price of 509 W Center St property is $145,000.

What type of property is this?

The property 509 W Center St is a house located in Madison, South Dakota, 57042.

Is this property for sale now?

Accepting Backup Offers: 509 W Center St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How many bedrooms and bathrooms does this property have?

The property at 509 W Center St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 509 W Center St is 1,814 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 509 W Center St is 1949.

Rocket Homes›South Dakota›Lake County›Madison›57042›509 W Center St

This home is located at 509 W Center St in Madison, SD and zip code 57042. This 1,814 square foot home was built in 1949. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $145,000.

Between October 2024 and November 2024, Madison, SD real estate market has seen increase in the number of listings by 63.2%. While the average time on the market in November 2024 was 56 days, the median list price was $295,000.

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

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