513 SE 3rd St, Madison, SD 57042
Property image
Property image
OFF MARKET

$129,700

Trulia Estimate
  • 1 Bed
  • 1 Bath
  • 1,034 sqft (on 0.26 acres)

513 SE 3rd St, Madison, SD 57042

Currently Off Market - Sold Aug 6, 2021 for $105,000

Home Value

Trulia Estimate
$130K
Since last month
Decreased$1K (-0.9%)
Since last year
Decreased$6K (-4.5%)
Since last sale
Increased$25K (+23.6%)
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 +242% in the last 10 years
MonthEstimated value
2026
August 2026$130K
July 2026$131K
June 2026$131K
May 2026$132K
April 2026$131K
March 2026$129K
February 2026$127K
January 2026$123K
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
0.31
Single-Family Home
$110,000
11/14/25
2
1
926
0.38
Single-Family Home
$132,000
01/28/26
3
1
1,064
0.43
Single-Family Home
$99,000
01/07/26
2
2
1,458
0.03
Single-Family Home
$245,000
12/19/25
3
3
1,352
0.18
Single-Family Home
$165,000
06/05/26
3
2
1,836
0.65
Single-Family Home
$55,000
01/29/26
2
1
836
0.57
Single-Family Home
$152,000
04/02/26
4
1
1,440
0.39
Single-Family Home
$368,000
05/08/26
1
1
1,000
0.90
Single-Family Home
$132,000
12/09/25
2
1
1,072
0.81
Single-Family Home
$95,000
11/05/25
3
1
1,620

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
0.08
$184,100
2
2
1,562
Off Market
0.03
$245,000
3
3
1,352
Recently Sold
0.07
$211,900
3
1
1,459
Off Market
0.09
$262,500
2
1
1,106
Off Market
0.11
$265,700
4
2
1,576
Off Market
0.09
$114,900
-
-
-
For Sale
0.11
-
-
-
-
Off Market
0.16
$272,800
3
2
2,094
Off Market
0.14
$160,600
2
1
960
Off Market
0.19
$196,200
2
1
900
Off Market
0.21
$560,000
4
2
1,797
Recently Sold
0.16
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 513 SE 3rd St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1890
Lot Size
0.26 acres
Living Area
1,034 sqft
Price/Sqft
$125

About this House

Investment opportunity! Bring your toolbox and your ideas. Build instant equity. Full basement has potential for more finished space and bedroom. House sits on a 75x150 ft lot. Property sold AS IS.
513 SE 3rd St, Madison, SD 57042 is a 1 bedroom, 1 bathroom, 1,034 sqft single-family home built in 1890. It last sold for $105,000 on Aug 6, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $129,700, with a rent estimate of $1,049/month.

Home Details for 513 SE 3rd St

Interior Features

Interior Details
BasementAtticNumber of Rooms: 5
Heating & Cooling
Heating: GasHeating Fuel: Gas
Levels, Entrance, & Accessibility
Stories: 1Floors: Linoleum Vinyl

Exterior Features

Exterior Home Features
Roof: CompositionExterior: Wood

Property Information

Year Built
Year Built: 1890
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 0.26 acres

Price and Tax history

DateEventPrice
Aug 6, 2021
Source: Realtor Association of the Sioux Empire #22102947
Sold
$105,000
Jun 1, 2021
Source: Realtor Association of the Sioux Empire #22102947
Listed For Sale
$109,900
Jul 13, 2020
Source: Realtor Association of the Sioux Empire #22003665
Sold
$15,000
Jun 19, 2020
Source: Agent Provided
Listed For Sale
$20,000

Market trends in Madison

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
โ€”
Sale-to-List Price
โ€”
Price per sq ft
โ€”
Available listings
52
2
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 513 SE 3rd St

  • What is 513 SE 3rd St estimated to be worth?
    Trulia's estimated value for 513 SE 3rd St in Madison, SD is $129,700.
  • What is the price history for 513 SE 3rd St?
    513 SE 3rd St in Madison, SD last sold for $105,000 in August 2021.
  • Is Madison a buyer's or seller's market?
    Madison is currently a balanced market, based on recent for-sale activity.
  • What are the closest schools to 513 SE 3rd St?
    The closest schools to 513 SE 3rd 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).
  • How big is the lot at 513 SE 3rd St?
    The lot at 513 SE 3rd St in Madison, SD is about 0.26 acres (11,252 sq ft).

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