316 W 2nd St

2,016 Sq. Ft.
$87 / Sq. Ft.
2,016
Sq. Ft.
$87
per Sq. Ft.

Description

This is an entire package, one level home with 3 bedrooms and 2 bathrooms, attached 1 stall garage, back patio and storage shed, very private back yard with a live fence! Across the street to the south you will find a wonderful large garage, this too goes along with the property and that offers a huge yard space! For garden or what ever you wish. The whole house interior has been freshly painted. The bathroom offers new flooring and a lighted vanity mirror. Bedrooms all offer a very nice size. In...This is an entire package, one level home with 3 bedrooms and 2 bathrooms, attached 1 stall garage, back patio and storage shed, very private back yard with a live fence! Across the street to the south you will find a wonderful large garage, this too goes along with the property and that offers a huge yard space! For garden or what ever you wish. The whole house interior has been freshly painted. The bathroom offers new flooring and a lighted vanity mirror. Bedrooms all offer a very nice size. In the basement you will find a tiled shower 3/4 bath. Family room offers a gas fireplace, spacious and comfortable. The garage on the other lot offers an option to have either an office or an excercise room, offering water and electricity on that lot. The house has separate heating zones and the garage too has electric heat. Roof was reshingled in 2015 mostly new windows throughout.
  1. Listed by Peterson Team Realty

Property Details for 316 West 2nd Street

Subdivision Name
Madison
Waterfront YN
No
Zoning Jurisdiction
Residential-Single Family
LISTING UPDATED: 06/29/2026 01:44 PM

Property Details for 316 West 2nd Street

StatusActive
MLS #7100213
Days on Compass1
Taxes$1,486 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family
Year Built1968
Lot Size0.15 AC / 6,621 SF
CountyLac qui Parle County

Location

Listing Courtesy of Peterson Team Realty
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Building Information for 316 West 2nd Street

Stories-Year Built1968Building Size-Lot Size0.15 AC / 6,621 SF

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$996 per month

30 year fixed, 6.36% Interest

Principal and Interest

$872

Property Taxes

$124

HOA Dues

$0

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Property Information for 316 West 2nd Street

Summary
Location and General Information
  • City Name: Madison
  • County Or Parish: Lac qui Parle
  • County: Lac qui Parle-MN
  • Directions: one block north on 4th ave from hwy 40 to second street
  • Latitude: 45.010446
  • Longitude: -96.189684
  • Map Coordinate: 999-A1
  • City and Location: Madison
  • City and Location Text: Madison(MN)
  • Postal Code: 56256
  • State Or Province: MN
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 540329000
  • Tax Annual Amount: $1,486.00
  • Tax Legal Description: E 70' OF LOT 7 & E 70' OF S 45' OF LOT 8 BLK 41
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2026
  • Tax With Assessments: 1486
School Information
  • High School District: 2853 - Lac Qui Parle Valley
  • School District Number: 2853
  • School District Phone: 3207524205
Property
Lot Information
  • Above Grade Fin SQFT: 1008.0
  • Below Grade Fin SQFT: 1008.0
  • SQFT Total: 2016.0
  • Living Area Units: Square Feet
  • Lot Size Area: 0.152
  • Lot Size Dimensions: 70X95,75X125
  • Lot Size Units: Acres
  • Other Structures: Storage Shed
  • Present Use: Yearly
  • Property Attached: No
  • Property Sub Type: Single Family
  • Property Type: Residential
  • SQFT Main Total: 1008
  • Building Area Total: 2016.0
  • Above Grade SqFt Total: 1008
  • Below Grade SqFt Total: 1008
Utilities
  • Electric: Circuit Breakers
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Exterior Features: Metal
  • Foundation Area: 1008.0
  • Foundation Details: Block
  • Fuel: Electric
  • Road Frontage Type: City Street
  • Road Responsibility: Public Maintained Road
  • Roof: Asphalt
Interior Features
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Basement Type: Block
  • Bath Desc: 3/4 Basement,Main Floor 3/4 Bath
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 2
  • Bathrooms Total Count: 2
  • Bedrooms Total: 3
  • Fireplace Features: Gas
  • Fireplaces Total: 1
  • FireplaceYN: Yes
  • Cooling: Central Air
  • Dining Room Description: Eat In Kitchen
  • DP Resource: Yes
  • Garage Dimensions: 15x24,30x40
  • Garage Square Feet: 1560
  • Heating: Baseboard
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Levels: One
  • Room List: Bathroom, Family Room, Bedroom, Kitchen, Living Room, Bedroom 2, Bedroom 3
  • Basement YN: Yes
Room Information
Room 1
  • Room Dimensions: 10X6
  • Room Level: Main
  • Room Type: Bathroom
Room 2
  • Room Dimensions: 10X6
  • Room Level: Basement
  • Room Type: Bathroom
Room 3
  • Room Dimensions: 16X21
  • Room Level: Basement
  • Room Type: Family Room
Room 4
  • Room Dimensions: 15.7X14.5
  • Room Level: Main
  • Room Type: Bedroom
Room 5
  • Room Dimensions: 25X15
  • Room Level: Main
  • Room Type: Kitchen
Room 6
  • Room Dimensions: 17X28
  • Room Level: Main
  • Room Type: Living Room
Room 7
  • Room Dimensions: 16X14
  • Room Level: Basement
  • Room Type: Bedroom 2
Room 8
  • Room Dimensions: 16X16
  • Room Level: Basement
  • Room Type: Bedroom 3

Property History for 316 West 2nd Street

DateEvent & SourcePriceAppreciation
Jun 26, 2026

Price Change

NorthStar #7100213

$175,000—
Jun 26, 2026

Listed (Active)

NorthStar #7100213

—
Dec 17, 2018

Sold (Public Record)

Public Record #1305464305

$30,000—
DateEvent & SourcePrice
06/26/2026

Price Change

NorthStar #7100213

$175,000
06/26/2026

Listed (Active)

NorthStar #7100213

—
12/17/2018

Sold (Public Record)

Public Record #1305464305

$30,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 316 West 2nd Street

Taxable ValueLand$3,000Additions$100,200Total$103,200
Tax Record2025$1,486 ($124 / month)
Home Facts
Beds0StyleSingle Family ResidenceCountyLAC QUI PARLEAPN54-0329-000

Schools near 316 West 2nd Street

This home is within Lac Qui Parle Valley School Dist..
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 7 to 12
Public - 5 to 6
Public - PK to 4
Rating
School
Distance
Lac Qui Parle Valley Secondary
Public7 to 12

Lac Qui Parle Valley Middle School
Public5 to 6

Appleton Elementary School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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316 West 2nd Street is a single family home for sale in Madison, MN 56256. This property was listed for sale on June 26, 2026 by Peterson Team Realty, it's currently listed at $175,000. It has been on the market for a total of 1 days and was last sold on December 17, 2018. This listing's school district is Lac Qui Parle Valley School Dist.. Nearby schools include Madison-Marietta-Nassau Elementary School, Lac Qui Parle Valley Secondary and Lac Qui Parle Valley Middle School. 316 West 2nd Street is a 3-bed, 2-bath, 2,016 sqft single family home built in 1968.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Peterson Team Realty

Based on information submitted to the MLS GRID as of 06/29/2026 01:44 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.