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521 9th Ave, Madison, MN, 56256

6beds
3baths
2,533sqft
$159,900
$63price/sqft
$1,370/moest. monthly cost
$54,800/yrincome needed

About This Home

WOW! VERY NICE HOME LOCATED ON A LARGE CORNER LOT. ATTACHED 2 STALL GARAGE. UP TO 6 BEDROOMS WITH A BATHROOM LOCATED ON THE MAIN, BASEMENT AND UPSTAIRS. YOU WILL BE SUPER HAPPY WITH THIS HOMES' STATELY FEEL, 2 BEDROOMS LOCATED ON THE MAIN FLOOR (no closet) 2 BEDROOMS UPSTAIRS, AND 2 BEDROOMS WITH EGRESS WINDOWS IN THE BASEMENT. FAMILY ROOM IN THE BASEMENT EXPANDS YOUR LIVING SPACE. THE KITCHEN OFFERS LOTS OF CABINET SPACE AND A LAUNDRY AREA ON THE MAIN FLOOR. TONS OF CLOSET/STORAGE SPACE. NEWER FURNACE AND CENTRAL AIR. BEAUTIFUL NEWER WINDOWS AND VINYL SIDING. BEHIND THE HOME YOU WILL FIND THAT YOU ARE ON THE EDGE OF TOWN WITH JUST FARM LAND BEHIND~

Getting Around

50
WalkingSomewhat Walkable
0
TransitVery Limited Transit
53
BikeBikeable

Construction

Condition

  • Year built: 1924

Materials

  • Roof: Asphalt,Flat,Rubber
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Range,Refrigerator,Washer
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Block,Partially Finished,Sump Basket,Sump Pump

Bathroom

  • Level: Basement
  • Area: 96
  • Dimensions: 6x16

Bathroom

  • Level: Upper
  • Area: 95.4
  • Dimensions: 10.6x9

Bathroom

  • Level: Main

Bedroom

  • Level: Main
  • Area: 175
  • Dimensions: 14x12.5

Bedroom2

  • Level: Main
  • Area: 140
  • Dimensions: 10x14

Bedroom3

  • Level: Upper
  • Area: 360
  • Dimensions: 15x24

Bedroom4

  • Level: Upper
  • Area: 312
  • Dimensions: 12x26

Bedroom5

  • Level: Basement
  • Area: 110
  • Dimensions: 11x10

Bedroom6

  • Level: Basement
  • Area: 219
  • Dimensions: 14.6x15

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full bathrooms: 1
  • 3/4 bathrooms: 1
  • 1/2 bathrooms: 1

Family Room

  • Level: Basement
  • Area: 252.8
  • Dimensions: 15.8x16

Features

  • Finished area below ground: 404
  • Finished area above ground: 1,533

Heating & Cooling

  • Heating features: Baseboard,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,533
  • Total interior livable area: 2,533 sqft

Kitchen

  • Level: Main
  • Area: 375
  • Dimensions: 25x15

Living Room

  • Level: Main
  • Area: 568.8
  • Dimensions: 15.8x36

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 540638900
  • Zoning description: Residential-Single Family
  • Foundation area: 1182

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 0.34 Acres
  • Features: Corner Lot,Tree Coverage - Medium
  • Lot size dimensions: 100 x 140

Parking

  • Total spaces: 2
  • Parking features: Attached,Concrete
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Winter Weather
    Winter WeatherVery High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Drought
    DroughtModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Cold Wave
Winter Weather
Hail
Heat Wave
Ice Storm
Strong Wind
Tornado
Drought
Inland Flooding

FEMA Declared Disasters in Lac qui Parle County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $808$9,696
Home Insurance *$230$2,760
Property Taxes $119$1,428
Electricity $213$2,563
Total$1,370$16,440
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$46,971/yr
40% on housing$41,100/yr
45% on housing$36,533/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.3%
13.3%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 1.4%
1.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$63This listing

vs Other Active Listings

Avg $/sqft

ZIP 56256$89
Lac qui Parle County$81

vs Homes Sold Last Month

Median $/sqft

ZIP 56256
Lac qui Parle County$111

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-22Listed for sale$164,500

For Sale by Agent

AgentDawn G Peterson
BrokeragePeterson Team Realty

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