115 1st Ave, Madison, MN 56256
OFF MARKET

$113,800

Trulia Estimate
  • 2 Beds
  • 1.5 Baths
  • 1,689 sqft

115 1st Ave, Madison, MN 56256

Est. Refi. Payment $773/mo*
Refinance Your Home
Currently Off Market - Sold Dec 9, 2024 for $84,400

Home Value

Trulia Estimate
$114K
Since last month
Increased$9K (+8.7%)
Since last year
Increased$28K (+32.8%)
Since last sale
Increased$31K (+36.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +92% in the last 10 years
MonthEstimated value
2026
September 2026$115K
August 2026$114K
July 2026$106K
June 2026$95K
May 2026$88K
April 2026$87K
March 2026$86K
February 2026$86K
January 2026$87K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
409 W 3rd St, Madison, MN
0.24
Single-Family Home
$77,500
02/12/26
2
1
926
207 Western Ave, Madison, MN
0.10
Single-Family Home
$170,000
05/22/26
2
2
2,072
413 5th Ave, Madison, MN
0.36
Single-Family Home
$75,000
02/02/26
3
1
1,152
415 Central Ave, Madison, MN
0.27
Single-Family Home
$45,000
04/20/26
3
2
1,646
616 W 5th St, Madison, MN
0.47
Single-Family Home
$72,500
10/30/25
4
1.5
1,640
712 3rd Ave, Madison, MN
0.44
Single-Family Home
$78,000
05/04/26
4
2
2,130
522 5th Ave, Madison, MN
0.40
Single-Family Home
$140,500
01/09/26
3
2
1,950
316 Central Ave, Madison, MN
0.24
Single-Family Home
$32,500
06/08/26
2
1
991
504 9th Ave, Madison, MN
0.60
Single-Family Home
$110,000
04/20/26
4
1.5
1,881

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
206 1st Ave, Madison, MN 56256
0.08
$76,500
3
2
1,274
Off Market
129 Western Ave, Madison, MN 56256
0.08
$95,300
1
2
1,803
Off Market
207 Western Ave, Madison, MN 56256
0.10
$170,000
2
2
2,072
Recently Sold
122 3rd St, Madison, MN 56256
0.12
$121,400
4
2
2,397
Off Market
121 1st St E, Madison, MN 56256
0.11
$176,600
4
2
1,840
Off Market
107 3rd Ave, Madison, MN 56256
0.12
$139,999
3
2
2,024
For Sale
321 Western Ave, Madison, MN 56256
0.19
$109,200
6
3
1,908
Off Market
209 3rd Ave, Madison, MN 56256
0.16
$168,500
2
2
1,476
For Sale
309 Central Ave, Madison, MN 56256
0.20
$118,900
3
1
1,516
Off Market
403 1st Ave, Madison, MN 56256
0.20
$229,900
4
2.5
2,998
For Sale
322 Western Ave, Madison, MN 56256
0.21
$113,100
3
2
1,662
Off Market

Local Information

  • Map ViewExplore the area around 115 1st Ave.
  • Schools2 Preschool Schools3 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1949
1,689 sqft
$67/sqft
Garage

About this House

HAVE YOU BEEN LOOKING FOR A MAIN FLOOR LIVING HOME THAT IS AFFORDABLE? 2 BED 1/2 BATH HOME. LARGE ROOMS! LOTS OF CABINET SPACE AND HARDWOOD FLOORS HERE AND THERE! MAIN FLOOR LAUNDRY ROOM, AND LARGE FULL BATHROOM. THE PANELING IN THE FAMILY ROOM IS TASTEFUL AND PRETTY. THE BACK WINDOW AND SCREEN PORCH WILL BE NICE FOR RELAXING AND ENJOYING THE OUTDOORS WITHOUT THE BUGS! ONE STALL DETATCHED GARAGE AND STORAGE SHED IN THE BACK ALLEY. WITH SOME PAINT AND FLOORING TO MAKE THIS YOUR OWN, THIS IS WAITING FOR YOU. MAKE YOUR APPT TODAY!
115 1st Ave, Madison, MN 56256 is a 2 bedroom, 2 bathroom, 1,689 sqft single-family home built in 1949. It last sold for $84,400 on Dec 9, 2024 (6% below the $89,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $113,800, with a rent estimate of $1,278/month.
Last check for updates: about 11 hours ago
Listed by Dawn G Peterson, (320) 226-5021
Peterson Team Realty
Bought with: Dawn G Peterson, (320) 226-5021, Peterson Team Realty
Source: NorthstarMLS as distributed by MLS GRID, MLS#6602403

Home Details for 115 1st Ave

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Block,Full,Partially FinishedNumber of Rooms: 6Types of Rooms: Bedroom, Bedroom 2, Dining Room, Family Room, Kitchen, Three Season Porch
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1689 Square FeetFoundation Area: 1447
Appliances & Utilities
Appliances: Dryer, Range, Refrigerator, WasherDryerLaundry: Laundry RoomRefrigeratorWasher
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Circuit BreakersGas: Natural Gas
Levels, Entrance, & Accessibility
Stories: 1Levels: OneAccessibility: None
View
No View

Exterior Features

Exterior Home Features
Roof: Age 8 Years Or LessPatio / Porch: ScreenedOther Structures: Storage Shed
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageNo Attached GarageParking Spaces: 1Parking: Detached Garage
Frontage
Road Frontage: County RoadResponsible for Road Maintenance: Public Maintained RoadNot on Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 1447 Square FeetFinished Area (below surface): 242 Square Feet

Days on Market

Cumulative Days on Market: 70

Property Information

Year Built
Year Built: 1949
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: FrameNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 540353000

Price & Status

Price
List Price: $89,900
Status Change & Dates
Off Market Date: Fri Nov 22 2024

Location

Direction & Address
City: MadisonCommunity: Madison
School Information
High School District: Lac Qui Parle Valley

Building

Building Area
Building Area: 1689 Square Feet

HOA

No HOA

Lot Information

Lot Area: 7100.28 sqft

Offer

Contingencies: None

Miscellaneous

BasementMls Number: 6602403Above Grade Unfinished Area: 1447

Price and Tax history

DateEventPrice
Dec 9, 2024
Source: NorthstarMLS as distributed by MLS GRID #6602403
Sold
$84,400
Nov 22, 2024
Source: NorthstarMLS as distributed by MLS GRID #6602403
Pending
$89,900
Nov 21, 2024
Source: NorthstarMLS as distributed by MLS GRID #6602403
PriceChange
$89,900
Price decreased by 12%
Sep 13, 2024
Source: NorthstarMLS as distributed by MLS GRID #6602403
Listed For Sale
$101,800
Sep 29, 2006
Source: N/A
Sold
$52,500

Market trends in Madison

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
19
3MoM

Around this home

What Locals Say about Madison

At least 3 Trulia users voted on each feature.

  • 100 % Say parking is easy

  • 100 % Say yards are well-kept

  • 100 % Say it's quiet

  • 83 % Say kids play outside

  • 80 % Say there are community events

  • 80 % Say it's dog friendly

  • 75 % Say streets are well-lit

  • 75 % Say there are sidewalks

  • 75 % Say there's holiday spirit

  • 71 % Say it's walkable to grocery stores

  • 70 % Say neighbors are friendly

  • 67 % Say people would walk alone at night

  • 67 % Say it's walkable to restaurants

  • 33 % Say car is needed

  • 25 % Say they plan to stay for at least 5 years

  • 20 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Becky P.
    "My neighbors are mean. We didn't talk to any of the neighbors before buying the house. We want to move"
    0
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-15 01:03:17 PDT. 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. Click here for more information
By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement

Frequently asked questions about 115 1st Ave

  • What is 115 1st Ave estimated to be worth?
    Trulia's estimated value for 115 1st Ave in Madison, MN is $113,800.
  • What is the price history for 115 1st Ave?
    115 1st Ave in Madison, MN last sold for $84,400 in December 2024.
  • Is Madison a buyer's or seller's market?
    Madison is currently a buyer's market, based on recent for-sale activity.
  • What are the closest schools to 115 1st Ave?
    The closest schools to 115 1st Ave in Madison, MN are Appleton Elementary School (Pre-K, rated 3/10), Lac Qui Parle Valley Middle School (Elementary, rated 4/10), Lac Qui Parle Valley Secondary (Middle/High, rated 6/10).
  • Does 115 1st Ave have air conditioning?
    Yes, 115 1st Ave in Madison, MN has air conditioning.
  • Does 115 1st Ave have laundry facilities?
    Yes, 115 1st Ave in Madison, MN has in-unit laundry.

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