116 2nd Ave, Madison, MN 56256
OFF MARKET

116 2nd Ave
Madison, MN 56256

  • Studio

$146,400

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $941/mo*

$146,400

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $941/mo*
Studio

Home Value

Trulia Estimate
$146K
Since last month
Increased$2K (+1.4%)
Since last year
Increased$5K (+3.3%)
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 +100% in the last 10 years
MonthEstimated value
2026
August 2026$147K
July 2026$145K
June 2026$139K
May 2026$142K
April 2026$148K
March 2026$133K
February 2026$139K
January 2026$142K
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
0.15
Single-Family Home
$170,000
05/22/26
2
2
2,072
0.21
Single-Family Home
$77,500
02/12/26
2
1
926
0.26
Single-Family Home
$62,050
04/30/26
3
2
1,186
0.29
Single-Family Home
$32,500
06/08/26
2
1
991
0.32
Single-Family Home
$45,000
04/20/26
3
2
1,646
0.34
Single-Family Home
$75,000
02/02/26
3
1
1,152
0.39
Single-Family Home
$140,500
01/09/26
3
2
1,950
0.44
Single-Family Home
$72,500
10/30/25
4
1.5
1,640
0.45
Single-Family Home
$340,000
08/29/25
4
3
3,536
0.45
Single-Family Home
$189,000
10/03/25
4
2
1,776

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
0.05
$111,700
2
1.5
1,689
Off Market
0.07
$139,999
3
2
2,024
For Sale
0.14
$177,400
4
2
1,840
Off Market
0.12
$77,600
3
2
1,274
Off Market
0.13
$95,600
1
2
1,803
Off Market
0.15
$170,000
2
2
2,072
Recently Sold
0.14
$168,500
2
2
1,476
For Sale
0.14
$175,000
3
2
2,016
For Sale
0.16
$123,800
4
2
2,397
Off Market
0.21
$77,500
2
1
926
Recently Sold
0.21
$93,300
2
0.5
884
Off Market
0.23
$109,600
6
3
1,908
Off Market

Local Information

  • Map ViewExplore the area around 116 2nd Ave.
  • Schools2 Preschool Schools3 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home

About this House

This single-family home is located at 116 2nd Ave, Madison, MN. 116 2nd Ave is in Madison, MN and in ZIP code 56256.
116 2nd Ave, Madison, MN 56256 is a studio single-family home. It is currently off market. The Trulia Estimate is $146,400, with a rent estimate of $1,396/month.

Home Details for 116 2nd Ave

Property Information

Property Type / Style
Property Type: Single Family Home

Price and Tax history

YearProperty taxTax assessment
2024
$2,116
$138,000
Home facts updated by county records

Market trends in Madison

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
16
2
MoM

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"

LGBTQ Local Legal Protections

Apartments for Rent

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Off Market Homes Near 116 2nd Ave

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Homes for sale near 116 2nd Ave

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