616 3rd Ave, Madison, MN 56256
Property image
Property image
OFF MARKET

616 3rd Ave
Madison, MN 56256

  • 2 Beds
  • 1 Bath
  • 900 sqft

$54,300

Trulia Estimate
as of Aug 23, 2026
Est. Refi. Payment $396/mo*

$54,300

Trulia Estimate
as of Aug 23, 2026
Est. Refi. Payment $396/mo*
2 Beds
1 Bath
900 sqft

Home Value

Trulia Estimate
$54.3K
Since last month
Increased$2K (+4%)
Since last year
Increased$3K (+5.8%)
Since last sale
Increased$38K (+239.4%)
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 +212% in the last 10 years
MonthEstimated value
2026
August 2026$54K
June 2026$52K
April 2026$53K
March 2026$51K
February 2026$46K
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
0.15
Single-Family Home
$34,500
11/13/25
2
1
1,100
0.35
Single-Family Home
$32,500
06/08/26
2
1
991
0.29
Single-Family Home
$77,500
02/12/26
2
1
926
0.23
Single-Family Home
$75,000
02/02/26
3
1
1,152
0.28
Single-Family Home
$45,000
04/20/26
3
2
1,646
0.15
Single-Family Home
$140,500
01/09/26
3
2
1,950
0.32
Single-Family Home
$62,050
04/30/26
3
2
1,186
0.06
Single-Family Home
$78,000
05/04/26
4
2
2,130
0.34
Single-Family Home
$170,000
05/22/26
2
2
2,072
0.35
Single-Family Home
$148,000
09/16/25
2
1.5
1,650

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
0.04
$112,900
3
1.5
1,232
Off Market
0.06
$78,000
4
2
2,130
Recently Sold
0.04
$124,900
4
2
1,961
Off Market
0.04
$139,600
5
2
1,755
Off Market
0.10
$81,600
3
2.5
1,420
Off Market
0.11
$247,300
3
2
2,280
Off Market
0.10
$128,300
3
1.5
1,030
Off Market
0.11
$240,900
4
3
2,099
Off Market
0.12
$106,900
3
1
973
Off Market
0.16
$148,200
2
2
1,538
Off Market
0.18
$199,000
3
2.5
1,766
For Sale
0.14
$193,500
4
2
1,776
Off Market

Local Information

  • Map ViewExplore the area around 616 3rd Ave.
  • Schools2 Preschool Schools3 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1915
Living Area
900 sqft
Price/Sqft
$60
Parking
Garage

About this House

Brokered And Advertised By: Peterson Team Realty Listing Agent: Dawn Peterson
616 3rd Ave, Madison, MN 56256 is a 2 bedroom, 1 bathroom, 900 sqft single-family home built in 1915. It last sold for $16,000 on Dec 5, 2014. It is currently off market. The Trulia Estimate is $54,300, with a rent estimate of $1,010/month.

Home Details for 616 3rd Ave

Interior Features

Interior Details
BasementAtticTypes of Rooms: Walk In Closet, Dining Room, Family Room, Sun RoomCeiling Fan
Heating & Cooling
Heating: Baseboard, GasAir ConditioningCooling System: WallHeating Fuel: Baseboard
Appliances & Utilities
DryerRefrigeratorWasher
Windows, Doors, Floors & Walls
Double Paned Windows
Levels, Entrance, & Accessibility
Floors: Hardwood

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: Vinyl, WoodLawn
Parking & Garage
GarageParking Space: 1Parking: Garage Detached

Property Information

Year Built
Year Built: 1915
Property Type / Style
Property Type: Single Family HomeArchitecture: Craftsman

Price and Tax history

DateEventPrice
Dec 5, 2014
Source: NorthstarMLS as distributed by MLS GRID #5185188
Sold
$16,000
Aug 5, 2014
Source: Agent Provided
Listed For Sale
$20,000
Jul 24, 2013
Source: Agent Provided
ListingRemoved
$24,900
Apr 16, 2013
Source: Agent Provided
Listed For Sale
$24,900

Market trends in Madison

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
16
2
MoM

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

Frequently asked questions about 616 3rd Ave

  • What is 616 3rd Ave estimated to be worth?
    Trulia's estimated value for 616 3rd Ave in Madison, MN is $54,300.
  • What is the price history for 616 3rd Ave?
    616 3rd Ave in Madison, MN last sold for $16,000 in December 2014.
  • 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 616 3rd Ave?
    The closest schools to 616 3rd 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).
  • Does 616 3rd Ave have air conditioning?
    Yes, 616 3rd Ave in Madison, MN has air conditioning.
  • Does 616 3rd Ave have laundry facilities?
    Yes, 616 3rd Ave in Madison, MN has in-unit laundry.

Apartments for Rent

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Off Market Homes Near 616 3rd Ave

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Homes for sale near 616 3rd Ave

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