316 N Catherine Ave, Madison, SD 57042
Temporary Check Back · Lake County
Key Facts
Description
Opportunity awaits with this 2 bedroom, 1 bath ranch home sitting on a HUGE lot! This property is currently a shell and in the process of being remodeled, offering the perfect blank slate for your vision. Whether you're an investor looking for your next flip, wanting to finish and add to your rental portfolio in a small-town college community, or a buyer ready to create an affordable starter home—this property has endless potential. Bring your ideas and make it your own!
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Ranch
Year Built
1948
Living Area
840 sq ft
Lot Size
0.17 acres
Lot Dimensions
50x150
Days on Market
79
MLS® Listing#
22602136
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Basement
Parking
Lot Features
Foundation
Roof
Sewer
Water Source
Schools
- Elementary:
- Madison ES
- Middle:
- Madison MS
- High:
- Madison HS
Financial Details
HOA
None
Annual Taxes
$1,474
Parcel Number
21110-03300-070-10
Directions
From Highway 34 North to NW 2nd St to Catherine Ave N to home.
Affordability Calculator
$19,000
Estimated monthly payment
$506/mo
Principal $76,000 · Est. interest $106,027 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Madison, SD
- $353,846
- Median Listing Price
- 88
- Median Days on Market
- 1,827
- Median Sq Ft
- $182
- Median Price / Sq Ft
- 36
- Active Listings
- This home’s price is 73% below the area median.
- Its price per sq ft is 38% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Madison, SD.
Location
- 316 N Catherine Ave, Madison, SD 57042
Points of Interest in Madison, SD
Showing the Madison area map.
Nearby Schools
Madison Elementary School
Elementary · 0.5 mi away
St Thomas School
School · 0.6 mi away
Madison Christian School
School · 1.1 mi away
Madison Public Schools
School · 1.3 mi away
Madison High School
Secondary · 1.3 mi away
Madison Middle School
Secondary · 1.3 mi away
Oldham-Ramona High School - 01
Secondary · 9.1 mi away
Rutland Isd 39-4
School · 9.8 mi away
Rutland High School - 01
Secondary · 9.8 mi away
Chester Area School
School · 12.3 mi away
Chester Middle School/High School
Secondary · 12.3 mi away
Chester Middle School - 03
Secondary · 12.3 mi away
Chester Elementary School
Elementary · 12.4 mi away
Spring Lake Colony Elementary
Secondary · 15.9 mi away
Howard Elementary School
Elementary · 20.0 mi away
Howard High School
Secondary · 20.1 mi away
Tri-Valley School District 49-6
Elementary · 21.5 mi away
Tri-Valley High School - 01
Secondary · 21.5 mi away
Montrose MS 03
Secondary · 21.6 mi away
Montrose School
School · 21.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 412 SW 2nd St, Madison, SD | $79,900 | 4 | 1 | 1,280 |
| 607 NE 4th St, Madison, SD | $89,900 | 3 | 1 | 1,208 |
| 316 Catherine Ave, Madison, SD | $95,000 | 2 | — | 840 |
Moving Cost Estimate
EXIT Agents in Madison
Listing Courtesy: Hegg, REALTORS - OFFICE: 605-336-2100
Last Updated: 2026-03-17