116 E Madison St
Rapid City, SD 57701
- 3 Beds
- 1 Bath
- 1,344 sqft
$192,500
as of Aug 10, 2026
$192,500
as of Aug 10, 2026
3 Beds
1 Bath
1,344 sqft
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1949
Living Area
1,344 sqft
Price/Sqft
$143
Parking
Garage
About this House
Listed by Daneen Jacquot South Dakota Real Estate Company. 605-484-7832 A perfect home for the first time buyer! Three bedroom, one bathroom home
with a good size fenced front and back yard. There is a detached one car garage in back along with parking space for another car. There is a fully finished
third room in the basement with a egress window, also there is a family room in the basement. Updated electrical, 220V in the garage. Nice quiet location,
but not far away from Central High School and shopping center. Newer carpet in the basement, hardwood floor in two bedrooms on main floor, newer roof.
What a good buy for such a price!
with a good size fenced front and back yard. There is a detached one car garage in back along with parking space for another car. There is a fully finished
third room in the basement with a egress window, also there is a family room in the basement. Updated electrical, 220V in the garage. Nice quiet location,
but not far away from Central High School and shopping center. Newer carpet in the basement, hardwood floor in two bedrooms on main floor, newer roof.
What a good buy for such a price!
116 E Madison St, Rapid City, SD 57701 is a 3 bedroom, 1 bathroom, 1,344 sqft single-family home built in 1949. It last sold for $105,000 on Mar 6, 2017. It is currently off market. The Trulia Estimate is $192,500, with a rent estimate of $1,403/month.
Home Details for 116 E Madison St
|
|---|
Interior Details Basement |
Appliances & Utilities DishwasherMicrowave |
Levels, Entrance, & Accessibility Floors: Carpet, Hardwood, Laminate |
|
|---|
Exterior Home Features Roof: CompositionLawn |
Parking & Garage GarageParking Space: 1Parking: Garage Detached |
|
|---|
Year Built Year Built: 1949 |
Property Type / Style Property Type: Single Family HomeArchitecture: Ranch / Rambler |
|
|---|
Lot Area: 10454 sqft |
Price History for 116 E Madison St
| Date | Price | Event | Source |
|---|---|---|---|
| 07/31/2025 | $234,900 | ListingRemoved | Black Hills AOR #172152 |
| 04/10/2025 | $234,900 | Contingent | Black Hills AOR #172152 |
| 03/04/2025 | $234,900 | PriceChange | Black Hills AOR #172152 |
| 02/01/2025 | $239,900 | Listed For Sale | Black Hills AOR #172152 |
| 03/06/2017 | $105,000 | Sold | N/A |
| 01/09/2017 | $115,000 | Listed For Sale | Agent Provided |
Market trends in Rapid City
Last updated June 2026
Avg. sale price
$355K
$17.42KMoM
Sale-to-List Price
98.9%
0.3%MoM
Price per sq ft
$212
$4MoM
Available listings
375
19MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,389 |
| Assessment | $172,400 |
Home facts updated by county records
Comparable Sales for 116 E Madison St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.22 | Single-Family Home | $100,000 | 07/07/26 | 2 | 1 | 1,440 | |
0.05 | Single-Family Home | $252,500 | 08/18/25 | 2 | 1 | 1,156 | |
0.43 | Single-Family Home | $80,000 | 05/07/26 | 3 | 1 | 1,030 | |
0.30 | Single-Family Home | $140,000 | 10/24/25 | 4 | 1.5 | 1,664 | |
0.26 | Single-Family Home | $205,000 | 07/03/26 | 3 | 1 | 2,000 | |
0.39 | Single-Family Home | $70,000 | 02/26/26 | 3 | 1 | 870 | |
0.49 | Single-Family Home | $246,000 | 02/20/26 | 3 | 1 | 1,073 | |
0.46 | Single-Family Home | $236,000 | 02/26/26 | 3 | 1 | 1,128 | |
0.35 | Single-Family Home | $264,000 | 02/03/26 | 4 | 1 | 1,536 | |
0.20 | Single-Family Home | $260,000 | 10/28/25 | 3 | 2 | 1,664 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 116 E Madison St.
What Locals Say about Rapid City
At least 313 Trulia users voted on each feature.
92 % Say car is needed
88 % Say it's dog friendly
83 % Say parking is easy
81 % Say there are sidewalks
78 % Say yards are well-kept
73 % Say there's holiday spirit
69 % Say kids play outside
67 % Say there's wildlife
65 % Say people would walk alone at night
64 % Say it's quiet
54 % Say streets are well-lit
51 % Say neighbors are friendly
42 % Say they plan to stay for at least 5 years
29 % Say it's walkable to restaurants
28 % Say it's walkable to grocery stores
27 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 116 E Madison St
Off Market Homes Near 116 E Madison St
Frequently asked questions about 116 E Madison St
- What is 116 E Madison St estimated to be worth?Trulia's estimated value for 116 E Madison St in Rapid City, SD is $192,500.
- What is the price history for 116 E Madison St?116 E Madison St in Rapid City, SD last sold for $105,000 in March 2017.
- Is Rapid City a buyer's or seller's market?Rapid City is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Rapid City?The median sale price in Rapid City is $355K. That is up $17.42K from the prior month.
- How big is the lot at 116 E Madison St?The lot at 116 E Madison St in Rapid City, SD is about 0.24 acres (10,454 sq ft).
- Does 116 E Madison St have a garage?Yes, 116 E Madison St in Rapid City, SD has a garage.

