Listed at
$298,000
$89/sqft

507 1st Street SW

507 1st Street SW, Madelia, MN, 56062
4  Bedrooms2  Bathrooms3,367  Square Feet0.289  Acres
Days on market0
Year built1964
Garage spaces1
TypeResidential
Est. $5,940buyer credit when you buy with SODL
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About this home

Upon arriving, you’ll immediately notice the charm and character of this well-maintained home. Step inside to a welcoming front living room that sets the tone for the warmth and functionality found throughout the property. The main level offers a thoughtful layout with a beautiful kitchen, convenient main-level laundry, a full bathroom, and a spacious bedroom. Continue through the home and you’ll find a bright sun porch along with an additional living room and dining space, providing flexibility for a variety of uses. Whether used as a second living area, dining room, home office, hobby space, or something entirely different, this versatilespace can be tailored to your needs. The second level is sure to impress with its generous amount of space. Three additional bedrooms, a second full bathroom, and abundant storage provide plenty of room and functionality. The basement adds even more usable space, featuring a shower, additional laundry hookups, a rec room, and extensive storage. With laundry options on both the main level and in the basement, this home offers added flexibility and convenience. Well loved and thoughtfully maintained, this property is ready for its next chapter. With its inviting spaces, versatile floor plan, ample storage, and charming character, this is a home you’ll want to see in person to truly appreciate everything it has to offer.

View this property at

Date
Oct 17, 2026
Time
9pm – 11pm
Address
507 1st Street SW, Madelia, MN, 56062

+1 more open house date

Listed By: True Real Estate • NST7160211 • Source: Property Details provided by NorthstarMLS and may not match the public record.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1964
LevelsTwo
Living area3,367 sqft
Above-grade finished2,367 sqft
Below-grade finished1,000 sqft
Lot size0.289 acres (100x126)
Days on market0
ListedOct 13, 2026
MLS #NST7160211
CountyWatonwan
Parcel #171000340

Facts & features

Interior

Bedrooms
4
Bathrooms
2
Bath breakdown
2 full
Heating
Baseboard, Boiler, Hot Water
Cooling
Central Air
Appliances
Dishwasher, Microwave, Range, Refrigerator, Washer

Property

Levels / stories
Two
Garage
1 space · 327 sqft
Parking features
Attached Garage
Exterior features
Steel Siding
Other structures
Storage Shed
Lot size
0.289 acres

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Frame
Foundation
Block · 1,000 sqft
Roof
Asphalt
Year built
1964

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas
Electric
Circuit Breakers

Community & HOA

HOA
No HOA
School district
837 - Madelia
High school district
Madelia

Financial & listing details

Annual tax
$4,328 (2026)
Tax with assessments
4366
Listed
Oct 13, 2026
Days on market
0 · 1 cumulative
Manufactured home
Yes

Interior details

Total bathrooms2
Full baths2
3/4 baths0
Half baths0
1/4 baths0
BasementFull
HeatingBaseboard, Boiler, Hot Water
CoolingCentral Air
AppliancesDishwasher, Microwave, Range, Refrigerator, Washer
DiningInformal Dining Room
AmenitiesCeiling Fan(s), Hardwood Floors, Kitchen Center Island, Washer/Dryer Hookup
AccessibilityNone
Special features3 BR on One Level, Main Floor Laundry

Exterior & lot

ExteriorSteel Siding
RoofAsphalt
FoundationBlock
Foundation area1,000 sqft
Road frontageCity Street, Paved Streets
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage
Garage spaces1
Garage size327 sqft

Financial details

Annual taxes$4,328
Tax year2026
Taxes w/ assessments4366
Assessment pendingYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District837 - Madelia
District number837
District phone5076423232
High schoolMadelia
SODL flat fee brokerage
$5,940Estimated buyer credit
SODL platform fee $3,000Your buyer credit $5,940

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

$2,026/mo
Principal & interest$1,566
Property taxes$361
Home insurance (est.)$99
%
$59,600
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.

Location

507 1st Street SW, Madelia, MN, 56062

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Listing information

MLS #NST7160211
StatusActive
Last updatedOct 14, 2026, 9:46 PM
Originally listedOct 14, 2026, 4:38 PM
Listing officeTrue Real Estate

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.