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  • $235,000

    421 8th Ave, Madison, MN 56256

    3beds
    2,728sqft
    Single Family Residence
    Built in 1903
    0.32 Acres Lot
    $237,200 Zestimate®
    $86/sqft
    $1,697 Estimated rent

    Home value

    $237,200

    Estimated sales range

    Not available

    $1,697/mo

    Zestimate® history
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    What's special

    Large furnished kitchenWater softenerNew vinyl sidingDouble hung windowsTwo bedroomsLaundry roomHeating and air conditioning
    Located on a corner lot, along MN State Hwy 75, in Madison, MN, this incredible property is a combined triple lot in total of .32 Acre in size. The property includes a 2728 square foot home built in 1903, and a 40’x60’ shop built in 2019. THE HOME w/ UPSTS APARTMENT – The main floor of the home offers a walk-in enclosed entrance (mudroom), large furnished kitchen, combined dining & living room, two bedrooms, a full bath and a laundry room. The upstairs of the home is currently utilized as a separate apartment with a back private entrance and private access to the main floor laundry. The upstairs offers a living room, kitchen, full bath, computer room & single bedroom. The home also includes a 14’x22’ attached single car garage (built in 1952) and 6’x8’ deck. Updates, Amenities & Features of the Home: Owner purchased the property in 2006 and completely remodeled the home, including new asphalt shingles in 2006, and again in 2024. In 2007, Owner installed new vinyl siding, double hung windows, insulation, paint, flooring, electrical, plumbing, heating and air conditioning and water softener. In 2019, Owner installed a new “On Demand” water heater. THE SHOP - In 2017, Owner poured the cement for the floor of the shop. In 2018, Owner poured the cement for the new driveway. Great Business or Storage options. SHOP UPDATES & AMENITIES: In 2019, Owner completed the brand new 40’ x 60’ shop. The finished shop offers steel roof & siding, is fully cemented, has an 8’x8’ private bathroom with water heater and water softener. The shop is also fully heated, offers 3 phase wiring, LED Lighting, air conditioning, and a 20-foot overhead door with automatic openers. *The shop was inspected by the City of Madison Building Inspector & met all ordinance compliance requirements. *September 2024 ~Owner had Olsen Plumbing of Montevideo, MN complete a full camera inspection of the sewer pipes located in the house and in the shed to ensure no obstructions or issues were present. 2024 - Owner painted the overhead garage door. 2024- Owner built new wooden steps, attached new handrails on the front & back exterior steps, and reinstalled the interior handrail leading to the upstairs apartment. 2024- Owner had replacement of the asphalt shingles. Well-maintained improved property, including the new Shop. Located along MN State Hwy 75, in the heart of Madison, the Shop and the Home w/ Upstairs Apartment offer fantastic opportunities to be an income-producing property for years to come. Giving you a new opportunity to work from home!

    Zillow last checked:

    Listing updated:

    Listed by:

    Janell Welling 320-226-5586,

    Hughes Real Estate and Auction

    Bought with:

    Janell Welling

    Hughes Real Estate and Auction

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6822408MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Bedroom
    • Level: Main
    Bedroom 2
    • Level: Main
    Bedroom 3
    • Level: Upper
    Bathroom
    • Level: Main
    Bathroom
    • Level: Upper
    Other
    • Level: Upper
    Kitchen
    • Level: Main
    Kitchen
    • Level: Upper
    Laundry
    • Level: Main
    Living room
    • Level: Main
    Living room
    • Level: Upper
    Mud room
    • Level: Main
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Range, Refrigerator, Water Softener Owned
    • Laundry: Common Area, Laundry Room, Main Level
    Features
    • Basement: Concrete
    • Has fireplace: No
    Interior area
    • Total structure area: 2,728
    • Total interior livable area: 2,728 sqft
    • Finished area above ground: 2,000
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached, Gravel, Other
    • Attached garage spaces: 1
    • Details: Garage Dimensions (14x22)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Modified Two Story
    • Stories: 2
    • Patio & porch: Deck
    Lot
    • Size: 0.32 Acres
    • Dimensions: 150
    • Features: Corner Lot
    Details
    • Additional structures: Workshop
    • Foundation area: 728
    • Parcel number: 540608000
    • Zoning description: Business/Commercial,Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Roof: Age 8 Years or Less,Asphalt
    Condition
    • New construction: No
    • Year built: 1903

    Utilities & green energy

    • Electric: Circuit Breakers, 200+ Amp Service
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected, City Sewer - In Street
    • Water: City Water/Connected, City Water - In Street

    Community & neighborhood

    Location
    • Region: Madison

    HOA & financial

    HOA
    • Has HOA: No

    Price history

    DateEventPrice
    3/6/2026Sold$235,000-9.3%$86/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6822408 Report a problem
    2/26/2026Pending sale$259,000$95/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6822408 Report a problem
    11/26/2025Listed for sale$259,000-3.7%$95/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6822408 Report a problem
    11/25/2025Listing removed$269,000$99/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6728471 Report a problem
    5/28/2025Listed for sale$269,000$99/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6728471 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,512 -11.9%$153,200 -9.6%
    2023$2,850 +13.3%$169,400 +20.3%
    2022$2,516 +2.4%$140,800 +4.3%
    2021$2,458 +15.1%$135,000 +17.5%
    2020$2,136 +2.7%$114,900 +34.6%
    2019$2,080 +75.1%$85,385 -18.4%
    2018$1,188 $104,700 +60.8%
    2017-- $65,100 -5.5%
    2016-- $68,900
    2015-- --
    2014-- --
    2013-- --
    2012-- --
    2011-- --
    2010-- --
    2009-- --

    Find assessor info on the county website

    Neighborhood: 56256

    Nearby schools

    GreatSchools rating
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