507 3rd Ave, Madison, MN 56256
OFF MARKET

$128,300

Trulia Estimate
  • 3 Beds
  • 1.5 Baths
  • 1,030 sqft

507 3rd Ave, Madison, MN 56256

Est. Refi. Payment $833/mo*
Refinance Your Home
Currently Off Market - Sold Jul 19, 2024 for $115,000

Home Value

Trulia Estimate
$128K
Since last month
Increased$1K (+0.9%)
Since last year
Increased$10K (+8.8%)
Since last sale
Increased$13K (+11.6%)
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 +183% in the last 10 years
MonthEstimated value
2026
August 2026$128K
July 2026$127K
June 2026$129K
May 2026$129K
April 2026$128K
March 2026$125K
February 2026$123K
January 2026$119K
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
413 5th Ave, Madison, MN
0.15
Single-Family Home
$75,000
02/02/26
3
1
1,152
522 5th Ave, Madison, MN
0.11
Single-Family Home
$140,500
01/09/26
3
2
1,950
409 W 3rd St, Madison, MN
0.20
Single-Family Home
$77,500
02/12/26
2
1
926
712 3rd Ave, Madison, MN
0.15
Single-Family Home
$78,000
05/04/26
4
2
2,130
616 W 5th St, Madison, MN
0.24
Single-Family Home
$72,500
10/30/25
4
1.5
1,640
515 9th Ave, Madison, MN
0.42
Single-Family Home
$110,000
08/24/26
3
1.5
1,242
504 9th Ave, Madison, MN
0.39
Single-Family Home
$110,000
04/20/26
4
1.5
1,881
620 5th Ave, Madison, MN
0.14
Single-Family Home
$189,000
10/03/25
4
2
1,776
708 5th Ave, Madison, MN
0.17
Single-Family Home
$34,500
11/13/25
2
1
1,100

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
316 6th St, Madison, MN 56256
0.06
$126,800
4
2
1,961
Off Market
306 5th St, Madison, MN 56256
0.02
$240,900
4
3
2,099
Off Market
220 5th St, Madison, MN 56256
0.04
$108,000
3
1
973
Off Market
611 3rd Ave N, Madison, MN 56256
0.07
$138,400
5
2
1,755
Off Market
309 7th street, Madison, MN 56256
0.11
$114,900
3
1.5
1,232
Off Market
516 2nd Ave, Madison, MN 56256
0.11
$83,700
3
2.5
1,420
Off Market
522 5th Ave, Madison, MN 56256
0.11
$140,500
3
2
1,950
Recently Sold
422 6TH STREET, Madison, MN 56256
0.12
$96,700
2
1
1,960
Off Market
712 3rd Ave, Madison, MN 56256
0.15
$78,000
4
2
2,130
Recently Sold
620 5th Ave, Madison, MN 56256
0.14
$192,700
4
2
1,776
Off Market
708 5th Ave, Madison, MN 56256
0.17
$34,500
2
1
1,100
Recently Sold

Local Information

  • Map ViewExplore the area around 507 3rd Ave.
  • Schools2 Preschool Schools3 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1949
Living Area
1,030 sqft
Price/Sqft
$125
Parking
Garage
HOA
None

About this House

How delightful is this 1.5 story midcentury-modern 3 bedroom 2 bath home! With newer windows, siding & shingles & HVAC this home offers so much comfort for its next owner(s). The arched entry ways and hardwood floors take a person back to a simpler time yet with newer colors. What's not to love. The main floor has 1 bedroom, a full bath, open living room to dining and kitchen. The upper level has a newer 1/2 bath and 2 bedrooms. The basement offers laundry space, storage space & more! Call for a showing today!
507 3rd Ave, Madison, MN 56256 is a 3 bedroom, 2 bathroom, 1,030 sqft single-family home built in 1949. It last sold for $115,000 on Jul 19, 2024 (4% below the $119,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $128,300, with a rent estimate of $1,234/month.
Last check for updates: about 5 hours ago
Listed by Joleen Marczak, (507) 829-5675
Weichert REALTORS Tower Properties
Bought with: Dean Maeyaert, (507) 828-6775, Wilson O'Brien REALTORS
Source: NorthstarMLS as distributed by MLS GRID, MLS#6551616

Home Details for 507 3rd Ave

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: ConcreteNumber of Rooms: 10Types of Rooms: Bedroom, Bedroom 2, Bedroom 3, Bathroom, Dining Room, Foyer, Kitchen, Living Room, Unfinished
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1030 Square FeetFoundation Area: 728
Appliances & Utilities
Appliances: Dishwasher, Dryer, Range, Refrigerator, WasherDishwasherDryerLaundry: Electric Dryer Hookup,Washer HookupRefrigeratorWasher
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Circuit BreakersGas: Natural Gas
Levels, Entrance, & Accessibility
Stories: 1.5Levels: One and One HalfAccessibility: None
View
No View

Exterior Features

Exterior Home Features
Roof: Age 8 Years Or LessPatio / Porch: DeckFencing: NoneNo Private Pool
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Other Parking: Garage Dimensions (14x22), Garage Door Height (7), Garage Door Width (8)No CarportHas a GarageNo Attached GarageParking Spaces: 1Parking: Detached Garage,Gravel
Pool
Pool: None
Frontage
Road Frontage: City StreetResponsible for Road Maintenance: Public Maintained RoadNot on Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 1030 Square Feet

Days on Market

Cumulative Days on Market: 22

Property Information

Year Built
Year Built: 1949
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: FrameNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 540121000

Price & Status

Price
List Price: $119,900
Status Change & Dates
Off Market Date: Wed Jul 03 2024

Location

Direction & Address
City: MadisonCommunity: Madison
School Information
High School District: Lac Qui Parle Valley

Building

Building Area
Building Area: 1030 Square Feet

HOA

No HOA

Lot Information

Lot Area: 6969.6 sqft

Offer

Contingencies: None

Miscellaneous

BasementMls Number: 6551616Above Grade Unfinished Area: 1030

Price and Tax history

DateEventPrice
Jul 19, 2024
Source: NorthstarMLS as distributed by MLS GRID #6551616
Sold
$115,000
Jul 3, 2024
Source: NorthstarMLS as distributed by MLS GRID #6551616
Pending
$119,900
Jun 12, 2024
Source: NorthstarMLS as distributed by MLS GRID #6551616
Listed For Sale
$119,900
Dec 27, 2022
Source: NorthstarMLS as distributed by MLS GRID #6258931
Sold
$100,000
Nov 15, 2022
Source: NorthstarMLS as distributed by MLS GRID #6258931
Pending
$100,000

Market trends in Madison

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
16
2MoM

Around this home

What Locals Say about Madison

At least 3 Trulia users voted on each feature.

  • 100 % Say parking is easy

  • 100 % Say yards are well-kept

  • 100 % Say it's quiet

  • 83 % Say kids play outside

  • 80 % Say there are community events

  • 80 % Say it's dog friendly

  • 75 % Say streets are well-lit

  • 75 % Say there are sidewalks

  • 75 % Say there's holiday spirit

  • 71 % Say it's walkable to grocery stores

  • 70 % Say neighbors are friendly

  • 67 % Say people would walk alone at night

  • 67 % Say it's walkable to restaurants

  • 33 % Say car is needed

  • 25 % Say they plan to stay for at least 5 years

  • 20 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Becky P.
    "My neighbors are mean. We didn't talk to any of the neighbors before buying the house. We want to move"
    0
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-08-26 11:08:17 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement

Frequently asked questions about 507 3rd Ave

  • What is 507 3rd Ave estimated to be worth?
    Trulia's estimated value for 507 3rd Ave in Madison, MN is $128,300.
  • What is the price history for 507 3rd Ave?
    507 3rd Ave in Madison, MN last sold for $115,000 in July 2024.
  • 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 507 3rd Ave?
    The closest schools to 507 3rd Ave in Madison, MN are Appleton Elementary School (Pre-K, rated 3/10), Lac Qui Parle Valley Middle School (Elementary, rated 4/10), Lac Qui Parle Valley Secondary (Middle/High, rated 6/10).
  • Does 507 3rd Ave have air conditioning?
    Yes, 507 3rd Ave in Madison, MN has air conditioning.
  • Does 507 3rd Ave have laundry facilities?
    Yes, 507 3rd Ave in Madison, MN has in-unit laundry.

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