508 N Summit Ave, Madison, SD 57042
Temporary Check Back · Lake County
Key Facts
Description
Step into the timeless charm of this mid-century ranch-style home, where character and comfort come together beautifully. From the moment you enter, you’ll appreciate the stunning original hardwood floors that add warmth and authenticity throughout the main living spaces. The spacious primary bedroom offers a relaxing retreat with two closets for exceptional storage. The kitchen features abundant cabinetry and generous counter space, making meal prep and entertaining a breeze. Downstairs, the basement provides versatile finished space perfect for a bedroom, family room, home office, hobby area, or workout room, along with ample storage options. Outside, enjoy the fully fenced backyard complete with a deck ideal for gatherings, grilling, or quiet evenings outdoors. In addition to the attached garage, this property also features a detached garage/shop—perfect for projects, extra vehicles, or additional workspace. Full of personality and practical features, this charming home is ready to welcome its next owner.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Ranch
Year Built
1950
Living Area
1,010 sq ft
Lot Size
0.16 acres
Lot Dimensions
52x136
Garage Spaces
2
Days on Market
10
MLS® Listing#
22603464
Property Features
- Appliances:
- Electric Range, Refrigerator, Electric Water Heater
- Cooling:
- Window Unit(s)
- Heating:
- Natural Gas
- Flooring:
- Wood, Laminate
- Basement:
- Full
- Parking:
- Concrete, Attached, Detached
- Patio:
- Deck
- Fencing:
- Privacy
- Lot Features:
- City Lot
- Construction:
- Vinyl Siding
- Roof:
- Composition
- Sewer:
- Public Sewer
- Water Source:
- Public
Rooms
- Bedroom 211x11Main
- Dining Room11x18Main
- Kitchen8x13Main
- Master Bedroom14x13Main
Schools
- Elementary:
- Madison ES
- Middle:
- Madison MS
- High:
- Madison HS
HOA & Tax
- HOA:
- None
- Annual Tax:
- $1,434
- Parcel #:
- 21490-01000-090-10
Directions
NE 3rd Street to N Summit Ave, North to Home.
Affordability Calculator
$37,980
Estimated monthly payment
$1,011/mo
Principal $151,920 · Est. interest $211,942 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Madison, SD
- $346,154
- Median Listing Price
- 83
- Median Days on Market
- 1,814
- Median Sq Ft
- $181
- Median Price / Sq Ft
- 37
- Active Listings
- This home’s price is 45% below the area median.
- Its price per sq ft is 4% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Madison, SD.
Location
- 508 N Summit Ave, Madison, SD 57042
Nearby Schools
Madison Public Schools
School · 0.4 mi away
Madison High School
Secondary · 0.4 mi away
St Thomas School
School · 0.4 mi away
Madison Middle School
Secondary · 0.4 mi away
Madison Elementary School
Elementary · 0.9 mi away
Madison Christian School
School · 1.8 mi away
Rutland Isd 39-4
School · 8.9 mi away
Rutland High School - 01
Secondary · 8.9 mi away
Oldham-Ramona High School - 01
Secondary · 9.5 mi away
Chester Area School
School · 11.6 mi away
Chester Middle School/High School
Secondary · 11.6 mi away
Chester Middle School - 03
Secondary · 11.6 mi away
Chester Elementary School
Elementary · 11.7 mi away
Spring Lake Colony Elementary
Secondary · 15.9 mi away
Howard Elementary School
Elementary · 21.0 mi away
Howard High School
Secondary · 21.1 mi away
Tri-Valley School District 49-6
Elementary · 21.2 mi away
Tri-Valley High School - 01
Secondary · 21.2 mi away
Montrose MS 03
Secondary · 21.8 mi away
Montrose School
School · 21.8 mi away
Commute Calculator
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Moving Cost Estimate
EXIT Agents in Madison
Listing Courtesy: EXIT Realty Advantage - adamsellsmore@gmail.com
Last Updated: 2026-05-13