516 1st Ave
Madison, MN 56256
- 4 Beds
- 2.5 Baths
- 1,828 sqft
4 Beds
2.5 Baths
1,828 sqft
Local Information
-- mins to
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
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Heating & Cooling Heating: Baseboard, Forced AirHeating Fuel: Baseboard |
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Year Built Year Built: 1890 |
Property Type / Style Property Type: Single Family Home |
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Exterior Home Features Exterior: Vinyl |
Price History for 516 1st Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 03/11/2022 | $67,500 | Sold | NorthstarMLS as distributed by MLS GRID #6013982 |
| 02/09/2022 | $79,000 | Pending | NorthstarMLS as distributed by MLS GRID #6013982 |
| 12/29/2021 | $79,000 | PriceChange | NorthstarMLS as distributed by MLS GRID #6013982 |
| 11/29/2021 | $66,500 | Pending | NorthstarMLS as distributed by MLS GRID #6013982 |
| 10/16/2021 | $66,500 | PendingToActive | NorthstarMLS as distributed by MLS GRID #6013982 |
| 10/11/2021 | $66,500 | Pending | NorthstarMLS as distributed by MLS GRID #6013982 |
| 09/06/2020 | $55,000 | ListingRemoved | Agent Provided |
| 06/16/2020 | $55,000 | Listed For Sale | Agent Provided |
| 02/21/2020 | $38,315 | Sold | N/A |
| 01/24/2020 | $69,500 | PriceChange | Agent Provided |
| 09/05/2019 | $74,900 | Listed For Sale | Agent Provided |
| 09/10/2011 | $29,500 | ListingRemoved | Agent Provided |
| 05/13/2011 | $29,500 | Listed For Sale | Agent Provided |
| 03/22/2010 | $72,657 | Sold | N/A |
Market trends in Madison
Last updated May 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
13
1MoM
Property Tax and Assessment
| Year | 2024 |
|---|---|
| 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
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 516 1st Ave.
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.
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LGBTQ Local Legal Protections