Listed at
$365,000
$155/sqft

Notermann Add

702 Madison Street, Shakopee, MN, 55379
3  Bedrooms2  Bathrooms2,352  Square Feet0.21  Acres
Days on market52
Year built1962
Garage spaces2
TypeResidential
Est. $7,950buyer credit when you buy with SODL
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About this home

Welcome to this wonderful three-bedroom, two-bath home in the heart of Shakopee, packed with updated space and charm you will love. From the moment you step inside, you’ll appreciate the warm hardwood floors, natural light flowing through the quality Pella windows, and a layout that offers both comfort and flexibility for everyday living. The main level features a bright kitchen with plenty of cabinets, stainless steel appliances, and a water filtration system, and a dining area, living room as well as a family rooms perfect for movie night, gatherings, or creating separate hangout spaces. Cozy up by the fireplace or enjoy the easy flow out to the deck and fenced backyard. Gardeners will love the raised garden beds, and the shed adds extra storage for tools and outdoor gear. The oversized two-car garage provides room for vehicles, hobbies, and storage, making it a standout feature, with three parking spots next to the garage. The finished lower level expands your living space even more with a bar, built-in entertainment center, a room which could be used as an office, craft room or workout space, and potential to make it a fourth bedroom by adding an egress window. The unfinished bathroom gives you room to grow as your needs change. And as a bonus, the pool table and equipment can stay if you like, ready for instant fun. This home blends comfort, updates, and future potential. Close to parks, shopping, and everything Shakopee has to offer. A fantastic opportunity for buyers looking for a place that feels like home the moment you walk in.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1962
LevelsOne
Living area2,352 sqft
Above-grade finished1,452 sqft
Below-grade finished900 sqft
Lot size0.21 acres (71x120)
Days on market52
ListedAug 5, 2026
MLS #NST7119659
CountyScott
SubdivisionNotermann Add
Parcel #270170470

Facts & features

Interior

Bedrooms
3
Bathrooms
2
Bath breakdown
1 full / 1 1/4
Heating
Forced Air, Fireplace(s)
Cooling
Central Air
Appliances
Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Gas Water Heater, Water Filtration System, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned

Property

Levels / stories
One
Garage
2 spaces · 576 sqft
Parking features
Detached Garage, Concrete, Garage Door Opener, Insulated Garage
Patio & porch
Deck
Exterior features
Fiber Board
Pool
None

Construction

Property type
Residential
Property subtype
Single Family
Foundation
Block · 1,144 sqft
Roof
Age Over 8 Years, Asphalt
Year built
1962

Utilities

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

Community & HOA

Subdivision
Notermann Add
HOA
No HOA
School district
720 - Shakopee
High school district
Shakopee

Financial & listing details

Annual tax
$3,498 (2026)
Listed
Aug 5, 2026
Days on market
52
Manufactured home
Yes

Interior details

Total bathrooms2
Full baths1
3/4 baths0
Half baths0
1/4 baths1
BasementBlock, Drain Tiled, Egress Window(s), Finished, Sump Pump
HeatingForced Air, Fireplace(s)
CoolingCentral Air
Fireplaces1
LaundryLower Level, Laundry Room, Sink
AppliancesDishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Gas Water Heater, Water Filtration System, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
DiningKitchen/Dining Room
AmenitiesCable, Ceiling Fan(s), Dock, Hardwood Floors, Kitchen Window, Multiple Phone Lines, Natural Woodwork
AccessibilityNone
Special features3 BR on One Level, Main Floor Primary, Main Floor Bedroom

Exterior & lot

ExteriorFiber Board
RoofAge Over 8 Years, Asphalt
FoundationBlock
Foundation area1,144 sqft
Patio/porchDeck
Lot featuresTree Coverage - Medium
Road frontageCity Street, Paved Streets
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingDetached Garage, Concrete, Garage Door Opener, Insulated Garage
Garage spaces2
Garage size576 sqft

Financial details

Annual taxes$3,498
Tax year2026
Taxes w/ assessments3498
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District720 - Shakopee
District number720
District phone9524965006
High schoolShakopee
SODL flat fee brokerage
$7,950Estimated buyer credit
SODL platform fee $3,000Your buyer credit $7,950

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

$2,331/mo
Principal & interest$1,918
Property taxes$292
Home insurance (est.)$122
%
$73,000
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

702 Madison Street, Shakopee, MN, 55379

Listing information

MLS #NST7119659
StatusActive
Last updatedSep 24, 2026, 6:07 PM
Originally listedAug 8, 2026, 12:00 AM
Listing officeLakes Sotheby's International Realty

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.