45407 228th St, Madison, SD 57042
OFF MARKET

$324,000

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 1,700 sqft (on 1 acre)

45407 228th St, Madison, SD 57042

Home Value

Trulia Estimate
$324K
Since last month
Decreased$7K (-2.1%)
Since last year
Decreased$2K (-0.5%)
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$325K
August 2026$324K
July 2026$332K
June 2026$332K
May 2026$331K
April 2026$320K
March 2026$316K
February 2026$310K
January 2026$306K
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
4.31
Single-Family Home
$565,000
10/10/25
5
3
3,210
4.53
Single-Family Home
$188,500
01/06/26
3
2
1,842
4.48
Single-Family Home
$310,000
11/07/25
3
2
1,976
4.65
Single-Family Home
$224,000
10/08/25
4
2
1,718
4.34
Single-Family Home
$386,500
07/17/26
4
3.5
2,768
4.43
Single-Family Home
$427,500
05/28/26
4
3.5
4,149
4.63
Single-Family Home
$241,000
04/20/26
4
2
2,288
4.57
Single-Family Home
$223,000
12/31/25
3
2
1,807
4.66
Single-Family Home
$214,500
09/02/26
3
1.5
1,577
4.49
Single-Family Home
$161,500
10/10/25
3
1.5
1,137

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
4.34
$234,500
3
-
-
Off Market
0.94
-
3
2
2,600
Off Market
4.58
-
3
-
-
Off Market
4.10
$473,200
3
3
2,064
Off Market
1.06
$353,900
5
2
-
Off Market
5.01
$542,500
3
-
-
Off Market
1.00
$451,800
2
2
-
Off Market
3.24
$572,900
4
2.5
3,200
Off Market
3.37
$386,800
Studio
-
-
Off Market

Local Information

  • Map ViewExplore the area around 45407 228th St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1997
1 acre lot
1,700 sqft
$191/sqft
Garage

About this House

This single-family home is located at 45407 228th St, Madison, SD. 45407 228th St is in Madison, SD and in ZIP code 57042. This property has 4 bedrooms, 2 bathrooms and approximately 1,700 sqft of floor space. This property has a lot size of 1 acre and was built in 1997.
45407 228th St, Madison, SD 57042 is a 4 bedroom, 2 bathroom, 1,700 sqft single-family home built in 1997. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $324,000, with a rent estimate of $2,272/month.

Home Details for 45407 228th St

Interior Features

Interior Details
BasementNumber of Rooms: 8Types of Rooms: Dining Room, Family Room, Laundry Room
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Carpet, Laminate
Appliances & Utilities
DryerRefrigeratorWasher

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Metal
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1997
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Lot Information

Lot Area: 1 acre

Price and Tax history

YearProperty taxTax assessment
2025
$2,392
$249,900
Home facts updated by county records

Market trends in Madison

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
โ€”
Sale-to-List Price
โ€”
Price per sq ft
โ€”
Available listings
53
1
MoM

Around this home

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.
    "Itโ€™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 arenโ€™t areas of higher learning. Also, itโ€™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."

LGBTQ Local Legal Protections

Frequently asked questions about 45407 228th St

  • What is 45407 228th St estimated to be worth?
    Trulia's estimated value for 45407 228th St in Madison, SD is $324,000.
  • 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 45407 228th St?
    The closest schools to 45407 228th St in Madison, SD are Madison Elementary School - 07 (rated 8/10), Madison High School - 01 (rated 6/10), Madison Middle School - 02 (rated 7/10).
  • Does 45407 228th St have laundry facilities?
    Yes, 45407 228th St in Madison, SD has in-unit laundry.
  • How big is the lot at 45407 228th St?
    The lot at 45407 228th St in Madison, SD is about 1 acre.
  • Does 45407 228th St have a garage?
    Yes, 45407 228th St in Madison, SD has a garage.

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