#22504760, Sarah Cronin, Listing office: Signature Realty Group LLC
Property details
About 505 S Union Ave
TURN KEY PROPERTY Adorable and fully updated 2-bedroom, 1-bath cottage currently operating as a successful Airbnb! This charming home features fresh paint, new carpet, and a stylish tile backsplash in the kitchen. The elegant, spacious bathroom boasts modern fixtures and thoughtful updates. Upstairs you’ll find two generously sized bedrooms, each with walk-in closets, plus a cozy landing ideal for a reading nook or small office space. The laundry room is conveniently located just off the kitchen for added functionality. Step outside to a huge backyard complete with a firepit area—perfect for entertaining—and a handy shed for lawn tools. There's even plenty of space to add a garage. Whether you're looking for a cozy starter home or a turnkey investment property, this one is a must-see!
Highlights
Home typeSingle Family Residence
HeatingOther
StatusActive
CoolingWall Unit(s)
Size1,010 sqft
Year built1889
MLS #22503540
Summary
- Full Bathrooms: 1
- Appliances: Electric Range, Microwave, Refrigerator, Range Hood, Washer, Dryer
- Flooring Type: Carpet
- Total Bedroom Count: 2
- Architectural Style: None
- Heating: Other
- Cooling: Wall Unit(s)
- List Price: $129,900
- Price/SqFt: $128
- Annual Tax Amount: $674
- Tax Year: 2023
- Lot: Few Trees, City Lot
- Directions: South on Union, just past SW 4th St.
- Year Built: 1889
- Living Area: 1,010 SqFt
- MLS Number: 22503540
- Office Name: Real Estate Retrievers of Sioux Falls
- Office Phone: (605) 864-0355
- Office Email: calliewockenfuss@gmail.com
- Listing Agent: Callie Wockenfuss
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. 
©2025 REALTOR® Association of the Sioux Empire, Inc. Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/1/2025, 11:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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 | $36,000 | $674 |
| 2022 | $28,300 | $572 |
| 2021 | $23,200 | $551 |
| 2020 | $23,200 | $- |
| 2018 | $20,000 | $- |
History based on county public records data.
Nearby schools
6
Madison Elementary - 07
Public District KG-5
1.1 mi
•700 NW 9th St
7
Oldham-Ramona Elementary - 02
Public District PK-6
9.7 mi
•220 W 2nd St
6
Rutland Elementary - 02
Public District PK-5
9.9 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 $29,551. Typical income of Madison, SD residents is less than $<35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
How much money do the neighbors make?
55%
<35k
38%
35k-100k
7%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
65%
Single, No Kids
8%
Single, with Kids
17%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
6%
12-17 yrs old
25%
18-34 yrs old
34%
35-64 yrs old
22%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
NASCAR
Extreme Sports
Where do the neighbors shop?
Kmart
Dollar General
Stein Mart
Where do the neighbors go to eat?
Bob Evans
Cracker Barrel
Little Caesars
What do the neighbors drive?
Buick
Ram
Chevrolet
What do the neighbors listen to?
Oldies
Classic Country
Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 505 S Union Ave
The listing price of 505 S Union Ave property is $129,900.
The property 505 S Union Ave is a house located in Madison, South Dakota, 57042.
Active Listing: 505 S Union Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 505 S Union Ave are: Madison Elementary - 07 (GreatSchools Rating 6/10), Oldham-Ramona Elementary - 02 (GreatSchools Rating 7/10), Rutland Elementary - 02 (GreatSchools Rating 6/10), Madison Middle School - 02 (GreatSchools Rating 5/10), Oldham-Ramona Jr. High - 03 (GreatSchools Rating 7/10), Rutland Jr. High - 03 (GreatSchools Rating 4/10), Madison High School - 01 (GreatSchools Rating 4/10), Oldham-Ramona High School - 01 (GreatSchools Rating 7/10), Rutland High School - 01 (GreatSchools Rating 7/10).
According to the records, the last property tax for 2023 is $674 (source: MLS/based on county public records data).
The property at 505 S Union Ave has 2 bedrooms and 1 bathroom.
The property 505 S Union Ave is 1,010 SqFt (source: MLS/tax record).
The year of construction for 505 S Union Ave is 1889.
This home is located at 505 S Union Ave in Madison, SD and zip code 57042. This 1,010 square foot home was built in 1889. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 12, 2025 and is currently priced at $129,900.
The inventory of homes for sale in Madison, SD between May and June 2025 increased by 53.1%. While the average time on the market in June 2025 was 49 days, the median list price was $269,900.
From Rocket Homes Real Estate and based on county public records data.