321 N  Olive Ave, Madison, SD 57042
Property image
Property image
SOLD
MAY 7, 2026

321 N Olive Ave
Madison, SD 57042

  • 3 Beds
  • 1.5 Baths
  • 1,456 sqft

$208,000

Last Sold: May 7, 2026
5% below list $220K
$143/sqft
Est. Refi. Payment $1,256/mo*

$208,000

Last Sold: May 7, 2026
5% below list $220K
$143/sqft
Est. Refi. Payment $1,256/mo*
3 Beds
1.5 Baths
1,456 sqft

Local Information

  • Map ViewExplore the area around 321 N Olive Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1959
Living Area
1,456 sqft
Price/Sqft
$143/sqft
Parking
Garage

About this House

Step inside this beautifully updated 3-bedroom ranch tucked along a quiet city street. Thoughtfully refreshed from top to bottom, the home features new interior and exterior paint, windows, flooring, trim, light fixtures, outlets, updated plumbing, and a new water heater—offering modern comfort and peace of mind.

The brand-new kitchen showcases contemporary cabinetry, sleek countertops, and new appliances, while the fully remodeled bathroom shines with fresh, stylish finishes.

The tandem 2-stall garage is accessed from the front of the home and provides ample room for vehicles, storage, or hobbies. Rear alley access adds convenient backyard entry and offers additional flexibility for future use if desired, with a 3rd stall or large storage area.

Ideally located near schools and main roadways, this affordable, move-in-ready property is ready for its next chapter. Just unpack and enjoy!
321 N Olive Ave, Madison, SD 57042 is a 3 bedroom, 2 bathroom, 1,456 sqft single-family home built in 1959. It last sold for $208,000 on May 7, 2026 (5% below the $219,900 asking price). More recently, it was listed as a rental in August 2025 with an asking price of $1,350 per month. That rental listing was removed on November 4, 2025. It is currently off market. The Trulia Estimate is $208,100, with a rent estimate of $1,541/month.

Home Details for 321 N Olive Ave

Interior Features

Interior Details
Basement: FullNumber of Rooms: 9Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Family Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1456 Square Feet
Appliances & Utilities
Appliances: Electric Range, Microwave, Dishwasher, RefrigeratorDishwasherMicrowaveRefrigerator
Heating & Cooling
Heating: Natural Gas,90% EfficientHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Windows, Doors, Floors & Walls
Flooring: Carpet, Concrete, Vinyl
Levels, Entrance, & Accessibility
Floors: Carpet, Concrete, Vinyl

Exterior Features

Exterior Home Features
Roof: Rubber CompositionPatio / Porch: DeckFoundation: Block
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageParking Spaces: 2Parking: Concrete
Frontage
Responsible for Road Maintenance: Public Maintained RoadRoad Surface Type: Asphalt, Curb and Gutter
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 832 Square FeetFinished Area (below surface): 624

Property Information

Year Built
Year Built: 1959
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Cement Siding
Property Information
Parcel Number: 211100330002010

Price & Status

Price
List Price: $219,900Price Per Sqft: $143/sqft
Status Change & Dates
Off Market Date: Fri May 08 2026Possession Timing: Close Of Escrow, Negotiable

Active Status

MLS Status: Sold - Sold

Location

Direction & Address
City: MadisonCommunity: Smith And Trows Addn
School Information
Elementary School: Madison ESElementary School District: Madison Central 39-2Jr High / Middle School: Madison MSJr High / Middle School District: MadisonCenHigh School: Madison HSHigh School District: MadisonCen

HOA

No HOA

Lot Information

Lot Area: 6799.716 sqft

Offer

Listing Terms: Conventional

Miscellaneous

BasementMls Number: 22602424Attribution Contact: adamsellsmore@gmail.comAbove Grade Unfinished Area: 832Below Grade Unfinished Area: 208
Last check for updates: about 4 hours ago
Listed by Angela J Peters
EXIT Realty Advantage, (605) 556-7500
Bought with: Angela J Peters
Source: Realtor Association of the Sioux Empire, MLS#22602424

Price History for 321 N Olive Ave

DatePriceEventSource
05/07/2026$208,000Sold
Realtor Association of the Sioux Empire #22602424
04/09/2026$219,900Listed For SaleRealtor Association of the Sioux Empire #22602424
03/14/2026$219,900ListingRemovedRealtor Association of the Sioux Empire #22601007
02/13/2026$219,900Listed For SaleRealtor Association of the Sioux Empire #22601007
02/12/2026$224,900ListingRemovedRealtor Association of the Sioux Empire #22508579
02/02/2026$224,900PriceChange
Realtor Association of the Sioux Empire #22508579
11/14/2025$227,900Listed For SaleRealtor Association of the Sioux Empire #22508579
11/04/2025$1,350ListingRemovedZillow Rentals
08/15/2025$139,900Sold
Realtor Association of the Sioux Empire #22502350
08/15/2025$1,350Listed For RentZillow Rentals
04/04/2025$169,900Listed For SaleRealtor Association of the Sioux Empire #22502350
07/13/2021ListingRemovedZillow Rental Manager
05/13/2021$950Listed For RentZillow Rental Manager
02/28/2021ListingRemovedN/A
04/20/2020$900ListingRemovedN/A
03/31/2020$900Listed For RentN/A
03/22/2019$900ListingRemovedN/A
01/12/2019$900Listed For RentN/A
10/02/2018$900ListingRemovedN/A
09/29/2018$900Listed For RentN/A
07/30/2018$100,000Sold
Realtor Association of the Sioux Empire #21803380
06/09/2018$119,900Listed For SaleAgent Provided

Market trends in Madison

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
50
2
MoM
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Property Tax and Assessment

Year2025
Tax$1,838
Assessment$110,800
Home facts updated by county records

Comparable Sales for 321 N Olive Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.13
Single-Family Home
$181,000
03/23/26
3
1
1,040
0.16
Single-Family Home
$197,500
09/10/25
5
2
1,481
0.03
Single-Family Home
$200,000
08/22/25
2
2
2,002
0.21
Single-Family Home
$163,000
12/15/25
3
1
1,172
0.48
Single-Family Home
$195,000
06/18/26
3
1.5
1,470
0.13
Single-Family Home
$132,000
12/09/25
2
1
1,072
0.38
Single-Family Home
$255,000
02/27/26
3
2
1,880
0.23
Single-Family Home
$299,500
07/09/26
2
2
1,879
0.30
Single-Family Home
$173,000
10/02/25
3
2
1,106

Nearby homes

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What Locals Say about Madison

At least 3 Trulia users voted on each feature.
  • 91 % Say it's dog friendly

  • 89 % Say it's walkable to restaurants

  • 88 % Say it's walkable to grocery stores

  • 86 % Say streets are well-lit

  • 85 % Say car is needed

  • 82 % Say kids play outside

  • 82 % Say yards are well-kept

  • 80 % Say people would walk alone at night

  • 80 % Say parking is easy

  • 73 % Say there are sidewalks

  • 67 % Say they plan to stay for at least 5 years

  • 67 % Say there's wildlife

  • 64 % Say it's quiet

  • 59 % Say neighbors are friendly

  • 55 % Say there's holiday spirit

  • 36 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • George O. H.
    "It’s a college town in a red state. You have the quaintness and politeness of small town America with more than average tolerance for progressives than you might find in parts of the state that aren’t areas of higher learning. Also, it’s just plain pretty here. Winters are rough but I think their worth it. "
  • George O. H.
    "Moved here from Hawaii and love the seasons for a change. The people are friendly. The town is peaceful. Not too far from Sioux Falls. "
  • Jerry F.
    "I've been visiting a friend who lives here for a year now. I come up almost every week. Madison is a typical small SD university town but still manages to be cozy and friendly. Even with me not living here, I'm still greeted like a regular by the friendly employees at the local Sunshine grocery store. Madison places a high value on manners, hospitality and a high standard of living. Crime is almost non-existent. I think Madison is one of the few places I'd actually feel safe enough to leave my home unlocked if I had errands to run. There are excellent fishing opportunities around town with numerous lakes almost in walking distance. There isn't a fast-paced big city feel here. There aren't a huge number of stores to shop from but there is enough to get along fine and for more intrepid folks, Brookings and Sioux Falls are not far away and offer more shopping/nightlife choices. Madison is a great place to raise kids or retire if you're looking to slow down and relax. People are extremely friendly. There are homes to fit every budget here from what I've seen. Many of the available properties are from the last century and mostly have managed to escape the blight of "improvements" that ruin their exterior character. Madison is one of the places that still exhibits plenty of pride of home ownership. Sidewalks get cleared quickly after a snowfall, the streets get cleaned fast too. There is high speed Internet, decent cell coverage and a state university (DSU) here as well."

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Homes for sale near 321 N Olive Ave

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Off Market Homes Near 321 N Olive Ave

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The 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 brokerage firms other than Zillow, Inc. 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 deemed reliable but not guaranteed. Copyright 2026 REALTOR® Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved.