Property details
About 1540 Territorial Rd
You will enjoy the scenic views of Beautiful Lake Herman. This Lake offers fishing and boating opportunities in a convenient location near the Madison Country Club Golf Course and just down the road from Lake Herman State Park. Note, however, that there is an existing house on the property that is recommended for tear down due to mold issues, and it is being sold as-is. This is an opportunity to have one of the last remaining buildable lots on Lake Herman!
Highlights
(Active - Contingent Misc)
Summary
- MLS Number: 22408477
- Office Name: EXIT Realty Advantage
- Listing Agent: Adam Foland
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by other brokerage firms are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. 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 broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The REALTOR® Association of the Sioux Empire, Inc. does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. 
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 9:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$79,900
1540 Territorial Rd
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $79,800 | $820 |
| 2022 | $66,500 | $649 |
| 2021 | $50,500 | $562 |
| 2020 | $46,100 | $- |
| 2018 | $45,900 | $- |
History based on county public records data.
Nearby schools
6
Madison Elementary - 07
Public District KG-5
2.2 mi
•700 NW 9th St
7
Oldham-Ramona Elementary - 02
Public District PK-6
9.0 mi
•220 W 2nd St
6
Rutland Elementary - 02
Public District PK-5
11.5 mi
•102 School St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $44,333. The most common annual income of people living in Madison, SD is between $35k-100k. The majority of families are married, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
Figure Skating
NASCAR
Where do the neighbors shop?
Dillards
Dick's Sporting Goods
Wal-Mart
Where do the neighbors go to eat?
Cracker Barrel
Texas Roadhouse
Hardee's
What do the neighbors drive?
Cadillac
Subaru
Ram
What do the neighbors listen to?
News/Talk/Information
New Country
Classic Country
Frequently asked questions
About 1540 Territorial Rd
This home is located at 1540 Territorial Rd in Madison, SD and zip code 57042. Features: 0 bathroom. It has been listed on Rocket Homes since November 18, 2024 and is currently priced at $79,900.
In February 2025 in Madison, SD there were 52.6% more homes for sale than in January. Listings spent 63 days on the market in February 2025, and had a median list price of $299,800 during the same period.