511 2nd Ave
Madison, MN 56256
- Studio
Studio
Home Value
Trulia Estimate
$195KSince last month
Decreased$800 (-0.4%)Since last year
Decreased$12K (-5.7%)Since last sale
Increased$53K (+37.5%)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 +88% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $195K |
| July 2026 | $196K |
| June 2026 | $196K |
| May 2026 | $200K |
| April 2026 | $197K |
| March 2026 | $184K |
| February 2026 | $204K |
| January 2026 | $197K |
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 |
|---|---|---|---|---|---|---|---|
0.19 | Single-Family Home | $140,500 | 01/09/26 | 3 | 2 | 1,950 | |
0.23 | Single-Family Home | $170,000 | 05/22/26 | 2 | 2 | 2,072 | |
0.21 | Single-Family Home | $189,000 | 10/03/25 | 4 | 2 | 1,776 | |
0.17 | Single-Family Home | $78,000 | 05/04/26 | 4 | 2 | 2,130 | |
0.34 | Single-Family Home | $157,500 | 12/19/25 | 4 | 2 | 3,061 | |
0.23 | Single-Family Home | $77,500 | 02/12/26 | 2 | 1 | 926 | |
0.22 | Single-Family Home | $75,000 | 02/02/26 | 3 | 1 | 1,152 | |
0.43 | Single-Family Home | $148,000 | 09/16/25 | 2 | 1.5 | 1,650 | |
0.23 | Single-Family Home | $62,050 | 04/30/26 | 3 | 2 | 1,186 | |
0.32 | Single-Family Home | $72,500 | 10/30/25 | 4 | 1.5 | 1,640 |
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 |
|---|---|---|---|---|---|---|
0.06 | $106,900 | 3 | 1 | 973 | Off Market | |
0.07 | $240,900 | 4 | 3 | 2,099 | Off Market | |
0.08 | $128,300 | 3 | 1.5 | 1,030 | Off Market | |
0.04 | $83,700 | 3 | 2.5 | 1,420 | Off Market | |
0.09 | $229,900 | 4 | 2.5 | 2,998 | For Sale | |
0.11 | $124,900 | 4 | 2 | 1,961 | Off Market | |
0.12 | $139,600 | 5 | 2 | 1,755 | Off Market | |
0.16 | $123,400 | 4 | 2 | 2,397 | Off Market | |
0.13 | $50,200 | 3 | 2 | 1,752 | Off Market | |
0.19 | $92,700 | 2 | 0.5 | 884 | Off Market | |
0.16 | $109,600 | 6 | 3 | 1,908 | Off Market | |
0.14 | $112,900 | 3 | 1.5 | 1,232 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
About this House
This single-family home is located at 511 2nd Ave, Madison, MN. 511 2nd Ave is in Madison, MN and in ZIP code 56256.
511 2nd Ave, Madison, MN 56256 is a studio single-family home. It last sold for $142,000 on Aug 4, 2020. It is currently off market. The Trulia Estimate is $195,300, with a rent estimate of $1,411/month.
Home Details for 511 2nd Ave
|
|---|
Property Type / Style Property Type: Single Family Home |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 4, 2020 Source: N/A | Sold | $142,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $2,762 | $168,800 |
Home facts updated by county records
Market trends in Madison
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
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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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 511 2nd Ave
- What is 511 2nd Ave estimated to be worth?Trulia's estimated value for 511 2nd Ave in Madison, MN is $195,300.
- What is the price history for 511 2nd Ave?511 2nd Ave in Madison, MN last sold for $142,000 in August 2020.
- 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 511 2nd Ave?The closest schools to 511 2nd 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).