515 N  Division Ave, Madison, SD 57042
Property image
Property image
OFF MARKET

515 N Division Ave
Madison, SD 57042

  • 2 Beds
  • 2 Baths
  • 1,340 sqft (on 0.32 acres)

$256,400

Trulia Estimate
as of Jul 8, 2026
Est. Refi. Payment $1,587/mo*

$256,400

Trulia Estimate
as of Jul 8, 2026
Est. Refi. Payment $1,587/mo*
2 Beds
2 Baths
1,340 sqft
(on 0.32 acres)

Local Information

  • Map ViewExplore the area around 515 N Division Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Welcome to your dream home! This beautifully renovated ranch-style gem, completed in 2021, boasts 2 bedrooms and 2 baths in a fantastic location. Step inside to discover an inviting open floor plan that seamlessly connects the living areas, making it perfect for entertaining and everyday living.

The updated kitchen features modern cabinetry and appliances, perfect for the home chef. Retreat to the spacious primary suite, which offers a luxurious 3/4 tiled shower and a generous walk-in closet. The expansive family room is designed for relaxation and gatherings, while the charming three-season room provides a serene space to enjoy your morning coffee or unwind after a long day.
The extensive renovation in 2021 included new siding, windows, a furnace, A/C, millwork, flooring, and lighting, ensuring both style and efficiency. Fresh paint and fully updated bathrooms complete this stunning home.
Don't miss the opportunity to make this immaculate property your own, where modern convenience meets timeless appeal!
515 N Division Ave, Madison, SD 57042 is a 2 bedroom, 2 bathroom, 1,340 sqft single-family home built in 1967. It last sold for $254,000 on Jul 18, 2025 (6% below the $269,900 asking price). It is currently off market. The Trulia Estimate is $256,400, with a rent estimate of $1,498/month.

Home Highlights

Parking
Garage
Outdoor
Porch
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 515 N Division Ave

Interior Features

Interior Details
Basement: NoneNumber of Rooms: 8Types of Rooms: Master Bedroom, Bedroom 2, Family Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 2Main Level Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1
Dimensions and Layout
Living Area: 1340 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, WasherDishwasherDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Electric
Windows, Doors, Floors & Walls
Flooring: Carpet, Ceramic Tile, Vinyl
Levels, Entrance, & Accessibility
Floors: Carpet, Ceramic Tile, Vinyl

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: 3-Season PorchFoundation: Slab
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageParking Spaces: 2Parking: Garage
Frontage
Responsible for Road Maintenance: Public Maintained RoadRoad Surface Type: Curb and Gutter
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1340 Square Feet

Property Information

Year Built
Year Built: 1967
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Hard Board
Property Information
Parcel Number: 216800000008030

Price & Status

Price
List Price: $269,900
Status Change & Dates
Off Market Date: Thu Jul 17 2025Possession Timing: Negotiable

Active Status

MLS Status: Sold - Sold

Location

Direction & Address
City: MadisonCommunity: No Subdivision
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

HOA

No HOA

Lot Information

Lot Area: 0.32 acres

Offer

Listing Terms: Cash

Miscellaneous

Mls Number: 22503934Attribution Contact: Cell: 605-270-0482Above Grade Unfinished Area: 1340
Last check for updates: about 7 hours ago
Listed by Brenda L Thompson
Signature Realty Group LLC
Brad D Benson, (605) 427-7777
Signature Realty Group LLC
Bought with: Christopher H Fellerman
Source: Realtor Association of the Sioux Empire, MLS#22503934

Price History for 515 N Division Ave

DatePriceEventSource
07/18/2025$254,000Sold
Realtor Association of the Sioux Empire #22503934
06/10/2025$269,900PriceChange
Realtor Association of the Sioux Empire #22503934
05/23/2025$279,900Listed For SaleRealtor Association of the Sioux Empire #22503934
01/13/2022$243,500Sold
Realtor Association of the Sioux Empire #22106615
11/29/2021$243,500PriceChange
Realtor Association of the Sioux Empire #22106615
11/03/2021$249,900Listed For SaleRealtor Association of the Sioux Empire #22106615

Market trends in Madison

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
48
2
MoM
Skip to last item
  • Results are loading
Skip to first item

Property Tax and Assessment

Year2025
Tax$2,625
Assessment$192,100
Home facts updated by county records

Comparable Sales for 515 N Division Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.12
Single-Family Home
$224,900
07/31/25
3
1.5
1,115
0.20
Single-Family Home
$285,000
04/30/26
2
1.5
2,005
0.27
Single-Family Home
$265,000
06/02/26
3
2
2,026
0.17
Single-Family Home
$230,000
11/03/25
3
2
1,762
0.36
Single-Family Home
$292,500
07/21/25
2
2
1,870
0.41
Single-Family Home
$314,900
10/20/25
2
2
2,043
0.25
Single-Family Home
$99,000
01/07/26
2
2
1,458
0.45
Single-Family Home
$243,000
02/26/26
3
2
1,979
0.24
Single-Family Home
$369,000
02/20/26
4
2
2,322

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

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. "
  • 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

Explore by feature - Pet Friendly

Explore by feature - Air Conditioning

Explore by feature - Washer/dryer

Homes for sale near 515 N Division Ave

Skip to last item
Skip to first item

Off Market Homes Near 515 N Division Ave

Skip to last item
Skip to first item
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.