Does this property have an HOA?

No, this property does not have a homeowners association.

What are the annual property taxes?

Annual property taxes are $1,486 (2026).

What school district is this property in?

This property is in the 2853 - Lac Qui Parle Valley school district.

Does this home have a garage?

Yes, this home has a 1-car garage.

How long has this property been on the market?

This property has been listed for 94 days.

Listed at

$119,900

$59/sqft

Madison

316 W 2nd Street, Madison, MN, 56256

3 Bedrooms2 Bathrooms2,016 Square Feet0.152 Acres

Days on market94

Year built1968

Garage spaces1

TypeResidential

Est. $597buyer credit when you buy with SODL

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About this home

ONE LEVEL HOME WITH 3 BEDROOMS AND 2 BATHROOMS, ATTACHED 1 STALL GARAGE, BACK PATIO AND STORAGE SHED, VERY PRIVATE BACK YARD WITH A LIVE FENCE! THE WHOLE HOUSE INTERIOR HAS BEEN FRESHLY PAINTED. THE BATHROOM OFFERS NEW FLOORING AND A LIGHTED VANITY MIRROR. BEDROOMS ALL OFFER A VERY NICE SIZE. IN THE BASEMENT YOU WILL FIND A TILED SHOWER 3/4 BATH. FAMILY ROOM OFFERS A GAS FIREPLACE, SPACIOUS AND COMFORTABLE. THE HOUSE HAS SEPARATE HEATING ZONES AND THE GARAGE TOO HAS ELECTRIC HEAT. ROOF WAS RESHINGLED IN 2015 MOSTLY NEW WINDOWS THROUGHOUT.

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Home facts

Property typeResidential

Property subtypeSingle Family

Year built1968

LevelsOne

Living area2,016 sqft

Above-grade finished1,008 sqft

Below-grade finished1,008 sqft

Lot size0.152 acres (70x95)

Days on market94

ListedJun 26, 2026

MLS #NST7100213

CountyLac qui Parle

SubdivisionMadison

Parcel #540329000

Facts & features

Interior

Bedrooms: 3
Bathrooms: 2
Bath breakdown: 2 3/4
Heating: Baseboard
Cooling: Central Air
Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer

Property

Levels / stories: One
Garage: 1 space · 15x24 · 1,560 sqft
Parking features: Attached Garage, Gravel, Concrete, Floor Drain, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage
Exterior features: Metal
Other structures: Storage Shed
Lot size: 0.152 acres

Construction

Property type: Residential
Property subtype: Single Family
Construction materials: Frame
Foundation: Block · 1,008 sqft
Roof: Asphalt
Year built: 1968

Utilities

Water: City Water/Connected
Sewer: City Sewer/Connected
Fuel: Electric
Electric: Circuit Breakers

Community & HOA

Subdivision: Madison
HOA: No HOA
School district: 2853 - Lac Qui Parle Valley
High school district: Lac Qui Parle Valley

Financial & listing details

Annual tax: $1,486 (2026)
Listed: Jun 26, 2026
Days on market: 94 · 60 cumulative
Manufactured home: Yes

Interior details

Total bathrooms2

Full baths0

3/4 baths2

Half baths0

1/4 baths0

BasementBlock

HeatingBaseboard

CoolingCentral Air

Fireplaces1

LaundryElectric Dryer Hookup, Washer Hookup

AppliancesDishwasher, Dryer, Range, Refrigerator, Washer

DiningEat In Kitchen

AccessibilityNone

Special featuresMain Floor Bedroom, Main Floor Laundry

Exterior & lot

ExteriorMetal

RoofAsphalt

FoundationBlock

Foundation area1,008 sqft

Road frontageCity Street

Road responsibilityPublic Maintained Road

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelElectric

Parking & garage

ParkingAttached Garage, Gravel, Concrete, Floor Drain, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage

Garage spaces1

Garage size1,560 sqft

Financial details

Annual taxes$1,486

Tax year2026

Taxes w/ assessments1486

Assessment pendingNo

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District2853 - Lac Qui Parle Valley

District number2853

District phone3207524205

High schoolLac Qui Parle Valley

SODL flat fee brokerage

$597Estimated buyer credit

SODL platform fee $3,000Your buyer credit $597

Buyer-side commission

3.0%

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

Tour homes with SODL’s flexible showing network
Submit offers and manage your transaction through the platform
Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$794/mo

Principal & interest$630

Property taxes$124

Home insurance (est.)$40

Down payment

$23,980

0%50%

Credit score

Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.