Pending

$162,500

317 N Olive Ave, Madison, SD 57042

2beds

1,078sqft

$1,149/mo

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Single Family Residence

Built in 1930

6,799 Square Feet Lot

$-- Zestimate^®

$151/sqft

$-- HOA

What's special

Impressive garage spaceDetached single garage

Affordable and move-in ready! Welcome home to this cozy, well-maintained 2-bedroom, 2-bath home offering great value and more finished living space in the basement. The main floor features updates throughout! The finished basement provides additional living space along with an additional bathroom and laundry room giving you even more room and flexibility. Another great feature is the impressive garage space! The property includes a detached single garage plus an additional double garage with convenient alley access, providing room for vehicles, storage, hobbies, toys, or a workshop. With an affordable price, updates finished basement, and multiple garages, this is a wonderful opportunity for a first-time buyer, downsizer, or investor. Come take a look—you’ll love what this home has to offer!

37 days
560
27

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 1
3/4 bathrooms: 1
Main level bedrooms: 2

Primary bedroom

Description: Hardwoods, CF, Closet
Level: Main
Area: 90
Dimensions: 10 x 9

Bedroom 2

Description: Hardwoods, CF, Closet
Level: Main
Area: 81
Dimensions: 9 x 9

Family room

Description: Vinyl
Level: Basement
Area: 228
Dimensions: 19 x 12

Kitchen

Description: Vinyl, Updated cabinets
Level: Main
Area: 121
Dimensions: 11 x 11

Living room

Description: Hardwoods, CF
Level: Main
Area: 132
Dimensions: 12 x 11

Heating

Natural Gas

Cooling

Central Air

Appliances

Included: Electric Range, Refrigerator, Washer, Dryer

Features

Flooring: Carpet, Laminate, Vinyl
Basement: Full

Interior area

Total interior livable area: 1,078 sqft
Finished area above ground: 616
Finished area below ground: 462

Property

Parking

Total spaces: 3
Parking features: Concrete
Garage spaces: 3

Lot

Size: 6,799 Square Feet
Dimensions: 50 x 136
Features: City Lot

Details

Parcel number: 211100330003010

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Wood Siding
Roof: Composition

Condition

Year built: 1930

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: No Subdivision

HOA

Has HOA: No

Location

Region: Madison

Financial & listing details

Price per square foot: $151/sqft
Tax assessed value: $90,900
Annual tax amount: $1,310
Date on market: 8/26/2026
Road surface type: Curb and Gutter

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/28/2026	Pending sale	$162,500$151/sqft
Source: Realtor Association of the Sioux Empire #22606580 Report a problem
8/26/2026	Listed for sale	$162,500+537.3%$151/sqft
Source: Realtor Association of the Sioux Empire #22606580 Report a problem
12/20/2010	Sold	$25,500$24/sqft
Source: Realtor Association of the Sioux Empire #21007069 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,242 +4.6%	$90,900 +0.1%
2024	$1,188 +10.3%	$90,809 +6.8%
2023	$1,077 +0.3%	$85,000 +26.9%
2022	$1,074 +3.5%	$67,000 +21.6%
2021	$1,037 +10.4%	$55,100
2020	$939	$55,100 +15.8%
2019	--	$47,600
2018	--	$47,600
2017	--	$47,600
2016	--	$47,600 +17.5%
2013	--	$40,500
2012	--	$40,500

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

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Climate risks

Neighborhood: 57042

Getting around

42 / 100

Car-Dependent

41 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

8/10
Madison Elementary School - 07
Grades: K-5Distance: 0.6 mi
7/10
Madison Middle School - 02
Grades: 6-8Distance: 1.3 mi
5/10
Madison High School - 01
Grades: 9-12Distance: 1.2 mi

Schools provided by the listing agent

Elementary: Madison ES
Middle: Madison MS
High: Madison HS
District: Madison Central 39-2

Source: Realtor Association of the Sioux Empire. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.