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

$389,900

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

500 N Egan Ave, Madison, SD 57042

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Home Highlights

Parking
Garage
Outdoor
Porch, Patio
Price/Sqft
$127
Listed
36 days ago
Climate Control
Hot Water & Wall Units

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.
Last check for updates: about 4 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.

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: 36

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

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.
    "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."
    2
    Flag

Market trends in Madison

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
52
2MoM

Home Value

Trulia Estimate
$313K
Since last month
Decreased$20K (-6%)
Since last year
Decreased$40K (-11.1%)
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 increased by +120% in the last 10 years
MonthEstimated value
2026
August 2026$319K
July 2026$339K
June 2026$355K
May 2026$354K
April 2026$350K
March 2026$336K
February 2026$318K
January 2026$324K
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
109 NE 4th St, Madison, SD
0.04
Single-Family Home
$69,000
09/26/25
5
2
1,934
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 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
108 NW 4th St, Madison, SD 57042
0.05
$140,900
3
1.5
1,946
Off Market
511 N Harth Ave, Madison, SD 57042
0.04
$174,900
4
3
1,722
Off Market
116 NW 4th St, Madison, SD 57042
0.07
$355,700
4
3
2,667
Off Market
109 NE 4th St, Madison, SD 57042
0.04
$154,900
5
2
1,934
For Sale
420 N Harth Ave, Madison, SD 57042
0.07
$188,600
Studio
-
2,744
Off Market
620 N Harth Ave, Madison, SD 57042
0.13
$237,000
3
2
1,888
Off Market
715 N Egan Ave, Madison, SD 57042
0.16
$196,500
Studio
-
3,460
Off Market
224 NE 5th St, Madison, SD 57042
0.12
$246,300
5
2.5
2,245
Off Market
615 N Lee Ave, Madison, SD 57042
0.14
$242,500
6
2
2,044
Off Market
115 NW 3rd St, Madison, SD 57042
0.13
$288,300
4
1.5
2,318
Off Market
620 N Blanche Ave, Madison, SD 57042
0.18
$95,000
3
1
1,620
Recently Sold

Price and Tax history

DateEventPrice
Jul 24, 2026
Source: Realtor Association of the Sioux Empire #22605591
Listed For Sale
$389,900

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.

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Frequently asked questions about 500 N Egan Ave

  • What is the estimated monthly payment for 500 N Egan Ave?
    Based on a $389,900 list price with 20% down at today's rates, the estimated monthly payment for 500 N Egan Ave in Madison, SD is approximately $2,478 (about $2,055 principal & interest, $348 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What are the closest schools to 500 N Egan Ave?
    The closest schools to 500 N Egan Ave 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).
  • What is 500 N Egan Ave estimated to be worth?
    Trulia's estimated value for 500 N Egan Ave in Madison, SD is $313,200.
  • Does 500 N Egan Ave have air conditioning?
    Yes, 500 N Egan Ave in Madison, SD has air conditioning.
  • How big is the lot at 500 N Egan Ave?
    The lot at 500 N Egan Ave in Madison, SD is about 0.31 acres (13,599 sq ft).
  • Does 500 N Egan Ave have a garage?
    Yes, 500 N Egan Ave in Madison, SD has a garage.
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.