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Tyler Goff

REALTOR® - TEAM LEADER | Tyler Goff Group | Hegg, REALTORS Inc.

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500 N Egan Ave , Madison, SD 57042
$389,900
Est. Payment: $1,958.85/mo
5 Bed
4 Bath
3077 Sqft
Status: active | Days on site: 3
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Tyler Goff
REALTOR® - TEAM LEADER

House Description

Step into a piece of history with this iconic landmark property, beautifully situated on a spacious corner lot and offering timeless architectural charm with exceptional versatility. Rich in character and meticulously cared for, this one-of-a-kind residence seamlessly blends historic elegance with modern functionality. The home's striking exterior is highlighted by an impressive double-decker wraparound porch featuring ornate support columns and decorative railings, creating a truly unforgettable first impression. Outdoor entertaining is equally inviting with a full brick wood-burning fireplace on the patio—an ideal setting for gathering with family and friends throughout the seasons. Inside, you'll discover beautifully finished living space across three levels, showcasing exquisite original woodwork, elevated ceilings, and an array of decorative windows including oval, curved, and leaded glass that fill the home with warmth and natural light. The cozy living room centers around a natural wood-burning fireplace, while an additional dining or gathering area features a charming natural gas stove, adding comfort and ambiance. Offering five bedrooms and four-plus bathrooms, this remarkable property provides flexibility for a variety of lifestyles. With the potential for up to four separate living spaces, it is perfectly suited for multi-generational living, guest accommodations, or income-producing opportunities. The upper level has previously been configured as two one-bedroom apartments, allowing the home to function as either a grand single-family residence or a mixed-use investment property. Additional features include a heated and insulated oversized double garage, generous living and entertaining spaces, and countless opportunities to customize the home to fit your vision. Whether you're searching for an extraordinary family home, an investment opportunity, or a chance to own one of the community's most recognizable historic residences, this property offers endless possibilities. Lovingly maintained and rich with history, it stands ready for its next chapter.

Highlights

Listed by Adam Foland , 605-270-2598 EXIT Realty Advantage , 605-556-7500. REALTOR® Association of the Sioux Empire, Inc. mls logo

Property Type

Residential

Lot/Acreage
0.31

Year Built

1906

County

Lake

Neighborhood

Temporary Check Back

School District

Madison Central 39-2

Listing ID

22605591

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:4
  • Full Bathrooms:1
  • 3/4 Bathrooms:3
Appliances:Electric Range, Microwave, Refrigerator
Air Cond:Wall Unit(s)
Fireplaces:Wood Burning
Floor:Carpet,Wood,Vinyl
Above Ground Sq Ft:2752
Below Ground Sq Ft:325
Basement:Full
Other:
  • Additional:Formal Dining Rm, Master Bath, 3+ Bedrooms Same Level
Water:Public

Exterior Features

Lot:Corner Lot
Lot Dimensions:100x136
Roof:Composition
Sewer:Public Sewer
Parking Features:Concrete
Principal Interest
$1,959
Taxes
$421

Home Price

$389,900

Loan Details

30 yrs
6.438%

Down Payment

20%
$77,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,958.85

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,958.85 $421.02 $0.00 $2,379.87
Yearly $23,506.15 $5,052.26 $0.00 $28,558.41
Total $705,184.37 $151,567.80 $0.00 $856,752.17

Today's Rates

30 Year

6.44%

20 Year

6.56%

15 Year

5.98%

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Market insight data is pulled from the same city as the listing being viewed (Madison, SD).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by REALTOR® Association of the Sioux Empire, Inc., and is deemed reliable but not guaranteed accurate. 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.

IDX service by Blueroof 360

Data last updated: 2026-08-24T02:43:27.000Z

© 2026 REALTOR® Association of the Sioux Empire, Inc.

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