216 3rd Ave, Madison, MN 56256
OFF MARKET

$66,100

Trulia Estimate
  • Studio

216 3rd Ave, Madison, MN 56256

Est. Refi. Payment $465/mo*
Refinance Your Home
Currently Off Market - Sold Apr 30, 2021 for $40,500

Home Value

Trulia Estimate
$66.1K
Since last month
Decreased$8K (-10.9%)
Since last year
Decreased$19K (-22.5%)
Since last sale
Increased$27K (+65.4%)
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 +157% in the last 10 years
MonthEstimated value
2026
August 2026$67K
July 2026$75K
June 2026$67K
May 2026$69K
April 2026$77K
March 2026$63K
February 2026$72K
January 2026$78K
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
415 Central Ave, Madison, MN
0.28
Single-Family Home
$45,000
04/20/26
3
2
1,646
409 W 3rd St, Madison, MN
0.12
Single-Family Home
$77,500
02/12/26
2
1
926
316 Central Ave, Madison, MN
0.29
Single-Family Home
$32,500
06/08/26
2
1
991
708 5th Ave, Madison, MN
0.36
Single-Family Home
$34,500
11/13/25
2
1
1,100
315 Central Ave, Madison, MN
0.25
Single-Family Home
$62,050
04/30/26
3
2
1,186
413 5th Ave, Madison, MN
0.23
Single-Family Home
$75,000
02/02/26
3
1
1,152
616 W 5th St, Madison, MN
0.33
Single-Family Home
$72,500
10/30/25
4
1.5
1,640
207 Western Ave, Madison, MN
0.17
Single-Family Home
$170,000
05/22/26
2
2
2,072
712 3rd Ave, Madison, MN
0.34
Single-Family Home
$78,000
05/04/26
4
2
2,130
522 5th Ave, Madison, MN
0.27
Single-Family Home
$140,500
01/09/26
3
2
1,950

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
209 3rd Ave, Madison, MN 56256
0.04
$168,500
2
2
1,476
For Sale
122 3rd St, Madison, MN 56256
0.11
$124,900
4
2
2,397
Off Market
316 W 2nd St, Madison, MN 56256
0.07
$119,900
3
2
2,016
For Sale
317 W 2nd St, Madison, MN 56256
0.09
$75,000
-
-
-
For Sale
206 1st Ave, Madison, MN 56256
0.13
$77,200
3
2
1,274
Off Market
323 4th Street St E, Madison, MN 56256
0.10
$93,200
2
0.5
884
Off Market
107 3rd Ave, Madison, MN 56256
0.11
$139,999
3
2
2,024
For Sale
115 1st Ave, Madison, MN 56256
0.13
$113,800
2
1.5
1,689
Off Market
403 1st Ave, Madison, MN 56256
0.15
$229,900
4
2.5
2,998
For Sale
409 W 3rd St, Madison, MN 56256
0.12
$77,500
2
1
926
Recently Sold
207 Western Ave, Madison, MN 56256
0.17
$170,000
2
2
2,072
Recently Sold
220 5th St, Madison, MN 56256
0.17
$108,000
3
1
973
Off Market

Local Information

  • Map ViewExplore the area around 216 3rd 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 216 3rd Ave, Madison, MN. 216 3rd Ave is in Madison, MN and in ZIP code 56256. This property has a lot size of 9100 sqft.
216 3rd Ave, Madison, MN 56256 is a studio single-family home. It last sold for $40,500 on Apr 30, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $66,100, with a rent estimate of $1,357/month.

Home Details for 216 3rd Ave

Property Information

Property Type / Style
Property Type: Single Family Home

Price and Tax history

DateEventPrice
Apr 30, 2021
Source: NorthstarMLS as distributed by MLS GRID #5737134
Sold
$40,500
Apr 20, 2021
Source: NorthstarMLS as distributed by MLS GRID #5737134
Pending
$44,000
Apr 8, 2021
Source: NorthstarMLS as distributed by MLS GRID #5737134
Listed For Sale
$44,000
Apr 16, 2010
Source: Lake Superior Area Realtors as distributed by MLS GRID #1000643
Sold
$31,800

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
2MoM

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

Frequently asked questions about 216 3rd Ave

  • What is 216 3rd Ave estimated to be worth?
    Trulia's estimated value for 216 3rd Ave in Madison, MN is $66,100.
  • What is the price history for 216 3rd Ave?
    216 3rd Ave in Madison, MN last sold for $40,500 in April 2021.
  • 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 216 3rd Ave?
    The closest schools to 216 3rd 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).
  • How big is the lot at 216 3rd Ave?
    The lot at 216 3rd Ave in Madison, MN is about 0.21 acres (9,100 sq ft).

Apartments for Rent

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Off Market Homes Near 216 3rd Ave

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