Classic charm, modern amenities, and excellent location. This well-maintained 1924-built home offers a generous lot, functional living space, and a spacious workshop-equipped garage—all within walking distance to schools. It blends timeless appeal with practical comforts, from updated flooring and appliances to efficient heating and cooling. With recent price adjustment and attractive financing estimates, it’s a smart pick for families or buyers looking for both character and convenience in Madison.
For sale
Price cut: $5K (10/17)
$179,990
514 N Chicago Ave, Madison, SD 57042
3beds
1,305sqft
Est.:
Single Family Residence
Built in 1924
10,724.47 Square Feet Lot
$-- Zestimate®
$138/sqft
$-- HOA
What's special
Generous lotEfficient heating and coolingSpacious workshop-equipped garageFunctional living spaceUpdated flooring and appliances
- 79 days |
- 254 |
- 7 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: November 10, 2025 at 07:24am
Listed by:
Larry Mullinix,
Amy Stockberger Real Estate,
Amy M Stockberger,
Amy Stockberger Real Estate
Source: Realtor Association of the Sioux Empire,MLS#: 22507281
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- 3/4 bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Description: Carpeted Closet
- Level: Main
- Area: 132
- Dimensions: 12 x 11
Bedroom 2
- Description: Carpeted Closet
- Level: Main
- Area: 121
- Dimensions: 11 x 11
Bedroom 3
- Level: Upper
- Area: 247
- Dimensions: 13 x 19
Dining room
- Level: Main
Kitchen
- Level: Main
- Area: 154
- Dimensions: 22 x 7
Living room
- Level: Main
- Area: 361
- Dimensions: 19 x 19
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Electric Range, Dishwasher, Refrigerator
Features
- Master Downstairs, Main Floor Laundry
- Flooring: Carpet, Laminate, Vinyl
- Basement: Partial
Interior area
- Total interior livable area: 1,305 sqft
- Finished area above ground: 1,305
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Gravel
- Garage spaces: 3
Features
- Levels: One and One Half
Lot
- Size: 10,724.47 Square Feet
- Dimensions: 71.5x150
- Features: City Lot
Details
- Parcel number: 211100090012010
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Composition
Condition
- Year built: 1924
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Smith And Trows Addn
HOA
- Has HOA: No
Location
- Region: Madison
Financial & listing details
- Price per square foot: $138/sqft
- Tax assessed value: $139,229
- Annual tax amount: $1,564
- Date on market: 9/23/2025
- Road surface type: Curb and Gutter
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/17/2025 | Price change | $179,990-2.7%$138/sqft |
Source:  Realtor Association of the Sioux Empire #22507281 Report a problem | ||
| 9/30/2025 | Price change | $184,990-2.6%$142/sqft |
Source: Realtor Association of the Sioux Empire #22507281 Report a problem | ||
| 9/13/2025 | Price change | $189,990-5%$146/sqft |
Source: Realtor Association of the Sioux Empire #22506748 Report a problem | ||
| 9/2/2025 | Price change | $199,990+5.3%$153/sqft |
Source: Realtor Association of the Sioux Empire #22506748 Report a problem | ||
| 8/8/2025 | Listed for sale | $190,000+5.6%$146/sqft |
Source: Owner Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,637 +4.7% | $139,229 +16.3% |
| 2024 | $1,564 +9.9% | $119,680 +7% |
| 2023 | $1,423 +0.5% | $111,900 +27% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$921/mo
Principal & interest
$698
Property taxes
$160
Home insurance
$63
Climate risks
Neighborhood: 57042
Nearby schools
GreatSchools rating
- 8/10Madison Elementary School - 07Grades: K-5Distance: 0.4 mi
- 6/10Madison Middle School - 02Grades: 6-8Distance: 1.1 mi
- 6/10Madison High School - 01Grades: 9-12Distance: 1 mi
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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