516 1st Ave, Madison, MN 56256
OFF MARKET

516 1st Ave
Madison, MN 56256

  • 4 Beds
  • 2.5 Baths
  • 1,828 sqft

$113,400

Trulia Estimate
as of Jul 7, 2026
Est. Refi. Payment $729/mo*

$113,400

Trulia Estimate
as of Jul 7, 2026
Est. Refi. Payment $729/mo*
4 Beds
2.5 Baths
1,828 sqft

Local Information

  • Map ViewExplore the area around 516 1st Ave.
  • Schools2 Preschool Schools3 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

This single-family home is located at 516 1st Ave, Madison, MN. 516 1st Ave is in Madison, MN and in ZIP code 56256. This property has 4 bedrooms, 3 bathrooms and approximately 1,828 sqft of floor space. This property has a lot size of 0.26 acres and was built in 1890.
516 1st Ave, Madison, MN 56256 is a 4 bedroom, 3 bathroom, 1,828 sqft single-family home built in 1890. It last sold for $67,500 on Mar 11, 2022. It is currently off market. The Trulia Estimate is $113,400, with a rent estimate of $1,944/month.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 516 1st Ave

Interior Features

Heating & Cooling
Heating: Baseboard, Forced AirHeating Fuel: Baseboard

Property Information

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

Exterior Features

Exterior Home Features
Exterior: Vinyl

Price History for 516 1st Ave

DatePriceEventSource
03/11/2022$67,500Sold
NorthstarMLS as distributed by MLS GRID #6013982
02/09/2022$79,000PendingNorthstarMLS as distributed by MLS GRID #6013982
12/29/2021$79,000PriceChange
NorthstarMLS as distributed by MLS GRID #6013982
11/29/2021$66,500PendingNorthstarMLS as distributed by MLS GRID #6013982
10/16/2021$66,500PendingToActiveNorthstarMLS as distributed by MLS GRID #6013982
10/11/2021$66,500PendingNorthstarMLS as distributed by MLS GRID #6013982
09/06/2020$55,000ListingRemovedAgent Provided
06/16/2020$55,000Listed For SaleAgent Provided
02/21/2020$38,315Sold
N/A
01/24/2020$69,500PriceChange
Agent Provided
09/05/2019$74,900Listed For SaleAgent Provided
09/10/2011$29,500ListingRemovedAgent Provided
05/13/2011$29,500Listed For SaleAgent Provided
03/22/2010$72,657Sold
N/A

Market trends in Madison

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
13
1
MoM
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Property Tax and Assessment

Year2024
Tax$1,228
Assessment$95,600
Home facts updated by county records

Comparable Sales for 516 1st Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.12
Single-Family Home
$45,000
04/20/26
3
2
1,646
0.12
Single-Family Home
$107,400
08/05/25
6
3
1,908
0.19
Single-Family Home
$78,000
05/04/26
4
2
2,130
0.17
Single-Family Home
$62,050
04/30/26
3
2
1,186
0.42
Single-Family Home
$72,500
10/30/25
4
1.5
1,640
0.28
Single-Family Home
$140,500
01/09/26
3
2
1,950
0.29
Single-Family Home
$189,000
10/03/25
4
2
1,776
0.34
Single-Family Home
$144,900
08/20/25
4
2
2,654
0.23
Single-Family Home
$170,000
05/22/26
2
2
2,072
0.36
Single-Family Home
$157,500
12/19/25
4
2
3,061

Nearby homes

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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"

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 516 1st Ave

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Off Market Homes Near 516 1st Ave

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