What is 45041 227th St estimated to be worth?

Trulia's estimated value for 45041 227th St in Madison, SD is $1,073,200 .

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 45041 227th St?

The closest schools to 45041 227th St in Madison, SD are Oldham-Ramona Elementary - 02 (Pre-K), Oldham-Ramona High School - 01 , Oldham-Ramona Jr. High - 03 .

How big is the lot at 45041 227th St?

The lot at 45041 227th St in Madison, SD is about 140 acres .

OFF MARKET

$1,073,200

Trulia Estimate

4 Beds
6 Baths
1,568 sqft (on 140 acres)

45041 227th St, Madison, SD 57042

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Home Value

Trulia Estimate

$1.07M

Since last month

$115K (+11.2%)

Since last year

$188K (-14.1%)

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 decreased by -14% in the last 10 years

Month	Estimated value
2026
September 2026	$1.14M
August 2026	$1.07M
July 2026	$1.03M
June 2026	$1M
May 2026	$1.08M
April 2026	$1.06M
March 2026	$1.08M
February 2026	$962K
January 2026	$901K
2025
December 2025	$1.01M
November 2025	$955K
October 2025	$1.07M
September 2025	$1.24M
August 2025	$1.33M

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
130 W 4th St, Ramona, SD	1.85	Single-Family Home	$145,000	07/24/26	3	2	1,428
233 E Main St, Ramona, SD	1.88	Single-Family Home	$214,900	06/09/26	2	1.5	1,824
101 E 4th St, Ramona, SD	1.80	Single-Family Home	$104,900	03/25/26	3	1	986
22987 448th Ave, Madison, SD	3.67	Single-Family Home	$750,000	08/07/26	4	2.5	3,160
23281 452nd Ave, Madison, SD	5.97	Single-Family Home	$185,000	10/03/25	3	1	1,180
1147 N Olive Ave, Madison, SD	6.49	Single-Family Home	$565,000	10/10/25	5	3	3,210
404 Cedar Ct, Madison, SD	6.72	Single-Family Home	$386,500	07/17/26	4	3.5	2,768
1025 NW 7th St, Madison, SD	6.70	Single-Family Home	$224,000	10/08/25	4	2	1,718
1024 N Josephine Ave, Madison, SD	6.80	Single-Family Home	$427,500	05/28/26	4	3.5	4,149
1012 NW 6th St, Madison, SD	6.75	Single-Family Home	$267,500	03/12/26	3	2	1,862

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
45156 235th St, Madison, SD 57042	7.89	-	Studio	-	-	Off Market
45051 235b St, Madison, SD 57042	8.46	$910,700	Studio	-	-	Off Market
24114 449th Ave, Madison, SD 57042	14.20	$514,600	3	6	-	Off Market
24114 449th Ave, Madison, SD 57042	14.20	$1,219,200	Studio	-	-	Off Market
22917 458th Ave, Madison, SD 57042	7.87	$573,200	4	6	-	Off Market
22668 455th Ave, Madison, SD 57042	4.74	$798,500	3	6	-	Off Market
45086 228th St, Madison, SD 57042	1.18	$1,183,500	4	6	1,475	Off Market
22730 451st Ave, Madison, SD 57042	0.87	$874,100	Studio	-	-	Off Market
723 SE 3rd St, Madison, SD 57042	8.07	-	-	-	-	Off Market

Local Information

Map ViewExplore the area around 45041 227th St.
Schools1 Preschool School1 Elementary School1 Middle School1 High School
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Home Highlights

Single-Family Home

140 acre lot

1,568 sqft

$684/sqft

About this House

This single-family home is located at 45041 227th St, Madison, SD. 45041 227th St is in Madison, SD and in ZIP code 57042. This property has 4 bedrooms, 6 bathrooms and approximately 1,568 sqft of floor space. This property has a lot size of 140.00 acres.

45041 227th St, Madison, SD 57042 is a 4 bedroom, 6 bathroom, 1,568 sqft single-family home. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,073,200, with a rent estimate of $2,500/month.

Home Details for 45041 227th St

Interior Features
Levels, Entrance, & Accessibility Stories: 2

Property Information
Property Type / Style Property Type: Single Family Home

Lot Information
Lot Area: 140.00 acres

Price and Tax history

Year	Property tax	Tax assessment
2025	$3,623	$486,998

Home facts updated by county records

Additional Cost

Market trends in Ramona

Last updated August 2026

Avg. sale price

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Sale-to-List Price

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Price per sq ft

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Available listings

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Around this home

Oldham-Ramona Elementary - 02
PK-6
Public
66 Students
Oldham - Ramona School District 39-5
NA
GreatSchools Rating
Parent Rating Average
No reviews available for this school.

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Frequently asked questions about 45041 227th St

What is 45041 227th St estimated to be worth?
Trulia's estimated value for 45041 227th St in Madison, SD is $1,073,200.
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 45041 227th St?
The closest schools to 45041 227th St in Madison, SD are Oldham-Ramona Elementary - 02 (Pre-K), Oldham-Ramona High School - 01, Oldham-Ramona Jr. High - 03.
How big is the lot at 45041 227th St?
The lot at 45041 227th St in Madison, SD is about 140 acres.