500 N Egan Ave, Madison, SD 57042
Property image
Property image
FOR SALE
0.31 ACRES

500 N Egan Ave
Madison, SD 57042

  • 5 Beds
  • 4 Baths
  • 3,077 sqft (on 0.31 acres)

$389,900

$389,900

5 Beds
4 Baths
3,077 sqft
(on 0.31 acres)
We estimate this home will sell faster than 92% nearby.

Home Highlights

Parking
Garage
Outdoor
Porch, Patio
Climate Control
Heating & Cooling
Price/Sqft
$127
Listed
9 days ago

Local Information

  • Map ViewExplore the area around 500 N Egan Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Step into a piece of history with this iconic landmark property, beautifully situated on a spacious corner lot and offering timeless architectural charm with exceptional versatility. Rich in character and meticulously cared for, this one-of-a-kind residence seamlessly blends historic elegance with modern functionality.
The home's striking exterior is highlighted by an impressive double-decker wraparound porch featuring ornate support columns and decorative railings, creating a truly unforgettable first impression. Outdoor entertaining is equally inviting with a full brick wood-burning fireplace on the patio—an ideal setting for gathering with family and friends throughout the seasons.
Inside, you'll discover beautifully finished living space across three levels, showcasing exquisite original woodwork, elevated ceilings, and an array of decorative windows including oval, curved, and leaded glass that fill the home with warmth and natural light. The cozy living room centers around a natural wood-burning fireplace, while an additional dining or gathering area features a charming natural gas stove, adding comfort and ambiance.
Offering five bedrooms and four-plus bathrooms, this remarkable property provides flexibility for a variety of lifestyles. With the potential for up to four separate living spaces, it is perfectly suited for multi-generational living, guest accommodations, or income-producing opportunities. The upper level has previously been configured as two one-bedroom apartments, allowing the home to function as either a grand single-family residence or a mixed-use investment property.
Additional features include a heated and insulated oversized double garage, generous living and entertaining spaces, and countless opportunities to customize the home to fit your vision.
Whether you're searching for an extraordinary family home, an investment opportunity, or a chance to own one of the community's most recognizable historic residences, this property offers endless possibilities. Lovingly maintained and rich with history, it stands ready for its next chapter.
We estimate this home will sell faster than 92% nearby.

Home Details for 500 N Egan Ave

Interior Features

Interior Details
Basement: FullNumber of Rooms: 16Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Family Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 5Main Level Bedrooms: 3Number of Bathrooms: 4Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 3
Dimensions and Layout
Living Area: 3077 Square Feet
Appliances & Utilities
Appliances: Electric Range, Microwave, RefrigeratorMicrowaveRefrigerator
Heating & Cooling
Heating: Hot WaterHas CoolingAir Conditioning: Wall Unit(s)Has HeatingHeating Fuel: Hot Water
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Wood BurningHas a Fireplace
Windows, Doors, Floors & Walls
Flooring: Carpet, Vinyl, Wood
Levels, Entrance, & Accessibility
Levels: TwoFloors: Carpet, Vinyl, Wood

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: Patio, Front PorchFoundation: Block, Other
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, Concrete, Curb and Gutter
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 2752 Square FeetFinished Area (below surface): 325

Days on Market

Days on Market: 9

Property Information

Year Built
Year Built: 1906
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Two Story
Building
Construction Materials: Wood Siding
Property Information
Parcel Number: 211200030000050

Price & Status

Price
List Price: $389,900Price Per Sqft: $127
Status Change & Dates
Possession Timing: Negotiable

Active Status

MLS Status: Active - Active

Location

Direction & Address
City: MadisonCommunity: Temporary Check Back
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

Agent Information

Listing Agent
Listing ID: 22605591

HOA

No HOA

Lot Information

Lot Area: 0.31 acres

Miscellaneous

BasementMls Number: 22605591Attribution Contact: adamsellsmore@gmail.comAbove Grade Unfinished Area: 2752Below Grade Unfinished Area: 915
Last check for updates: about 3 hours ago
Listing courtesy of Adam P Foland
EXIT Realty Advantage, adamsellsmore@gmail.com
Source: Realtor Association of the Sioux Empire, MLS#22605591
Also Listed on Realtor Association of the Sioux Empire.

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
2MoM

Price History for 500 N Egan Ave

DatePriceEventSource
07/24/2026$389,900Listed For SaleRealtor Association of the Sioux Empire #22605591

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Property Tax and Assessment

Year2025
Tax$436
Assessment$35,700
Home facts updated by county records

Comparable Sales for 500 N Egan Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
109 NE 4th St, Madison, SD
0.04
Single-Family Home
$69,000
09/26/25
5
2
2,028
506 N Josephine Ave, Madison, SD
0.21
Single-Family Home
$252,000
10/10/25
4
2.5
1,896
404 Cedar Ct, Madison, SD
0.58
Single-Family Home
$386,500
07/17/26
4
3.5
2,768
114 N Josephine Ave, Madison, SD
0.35
Single-Family Home
$273,000
07/17/26
4
3
2,073
420 NE 1st St, Madison, SD
0.33
Single-Family Home
$206,000
12/03/25
4
2.5
2,075
521 N Liberty Ave, Madison, SD
0.41
Single-Family Home
$284,000
10/10/25
4
2
2,838
520 N Josephine Ave, Madison, SD
0.22
Single-Family Home
$265,000
11/25/25
4
2
2,141
602 NE 1st St, Madison, SD
0.42
Single-Family Home
$252,500
06/30/26
4
2.5
2,118
303 N. Liberty Ave., Madison, SD
0.44
Single-Family Home
$179,000
05/29/26
4
2
2,286
915 N Lincoln Ave, Madison, SD
0.39
Single-Family Home
$241,000
04/20/26
4
2
2,288

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 500 N Egan Ave.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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. "
    3
    Flag
  • 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. "
    0
    Flag
  • 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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LGBTQ Local Legal Protections

Adam P Foland, EXIT Realty Advantage, adamsellsmore@gmail.com
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.
500 N Egan Ave, Madison, SD 57042 is a 5 bedroom, 4 bathroom, 3,077 sqft single-family home built in 1906. This property is currently available for sale and was listed by Realtor Association of the Sioux Empire on Jul 24, 2026. The MLS # for this home is MLS# 22605591.