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Sold for $115,000
    • $115,000

    505 S Union Ave, Madison, SD 57042

    2beds
    1,010sqft
    Single Family Residence
    Built in 1889
    7,100 Square Feet Lot
    $115,100 Zestimate®
    $114/sqft
    $1,109 Estimated rent

    Home value

    $115,100

    Estimated sales range

    Not available

    $1,109/mo

    Zestimate® history
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    What's special

    Huge backyardFirepit areaFresh paintCozy landingNew carpetGenerously sized bedroomsWalk-in closets
    TURN KEY PROPERTY Adorable and fully updated 2-bedroom, 1-bath cottage currently operating as a successful Airbnb! This charming home features fresh paint, new carpet, and a stylish tile backsplash in the kitchen. The elegant, spacious bathroom boasts modern fixtures and thoughtful updates. Upstairs you’ll find two generously sized bedrooms, each with walk-in closets, plus a cozy landing ideal for a reading nook or small office space. The laundry room is conveniently located just off the kitchen for added functionality. Step outside to a huge backyard complete with a firepit area—perfect for entertaining—and a handy shed for lawn tools. There's even plenty of space to add a garage. Whether you're looking for a cozy starter home or a turnkey investment property, this one is a must-see!

    Zillow last checked:

    Listing updated:

    Listed by:

    Callie J Wockenfuss Cell:605-864-0355,

    Real Estate Retrievers of Sioux Falls 605-864-0355

    Bought with:

    Bonnie J Sabers

    Source: Realtor Association of the Sioux Empire,MLS#: 22503540MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Description: carpet, closet
    • Area: 192
    • Dimensions: 16 x 12
    Bedroom 2
    • Description: large walk-in closet
    • Area: 121
    • Dimensions: 11 x 11
    Kitchen
    • Description: laminate floor, stove & refrigerator
    • Area: 120
    • Dimensions: 12 x 10
    Living room
    • Description: carpet, nice windows
    • Area: 208
    • Dimensions: 13 x 16
    Heating
    • Other
    Cooling
    • Wall Unit(s)
    Appliances
    • Included: Dryer, Electric Range, Microwave, Refrigerator, Stove Hood, Washer
    Features
    • Flooring: Carpet
    Interior area
    • Total interior livable area: 1,010 sqft
    • Finished area above ground: 1,010
    • Finished area below ground: 0

    Property

    Features
    • Levels: Two
    Lot
    • Size: 7,100 Square Feet
    • Dimensions: 50x142
    • Features: City Lot
    Details
    • Additional structures: Shed(s)
    • Parcel number: 210800010002010

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Two Story
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Roof: Composition
    Condition
    • Year built: 1889

    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: $114/sqft
    • Tax assessed value: $38,700
    • Annual tax amount: $700
    • Date on market: 5/12/2025
    • Listing terms: Conventional

    Price history

    DateEventPrice
    8/21/2025Sold$115,000-11.5%$114/sqft
    Source: Realtor Association of the Sioux Empire #22503540 Report a problem
    6/23/2025Price change$129,900-3.7%$129/sqft
    Source: Realtor Association of the Sioux Empire #22503540 Report a problem
    5/12/2025Listed for sale$134,900+187%$134/sqft
    Source: Realtor Association of the Sioux Empire #22503540 Report a problem
    9/1/2022Sold$47,000$47/sqft
    Source: Realtor Association of the Sioux Empire #22202500 Report a problem
    8/12/2022Price change$47,000-5.8%$47/sqft
    Source: Realtor Association of the Sioux Empire #22202500 Report a problem
    7/8/2022Price change$49,900-20.2%$49/sqft
    Source: Realtor Association of the Sioux Empire #22202500 Report a problem
    6/16/2022Price change$62,500-10.6%$62/sqft
    Source: Realtor Association of the Sioux Empire #22202500 Report a problem
    5/11/2022Listed for sale$69,900$69/sqft
    Source: Realtor Association of the Sioux Empire #22202500 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$642 +3.7%$38,700 +0.1%
    2024$619 +6.5%$38,661 +7.4%
    2023$581 +1.6%$36,000 +27.2%
    2022$572 +3.7%$28,300 +22%
    2021$552 +11.2%$23,200
    2020$496 $23,200 +16%
    2019-- $20,000
    2018-- $20,000
    2017-- $20,000
    2016-- $20,000 +8.1%
    2013-- $18,500
    2012-- $18,500
    Find assessor info on the county website

    Neighborhood: 57042

    Nearby schools

    GreatSchools rating
    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.

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    An equal housing lender. NMLS #10287.

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