This home's estimate is 20.3% higher than the average sale price ($208K) of 6 comparable homes.
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503 SW 3rd St, Madelia, MN 56062
About this home
This is the home you have been waiting for! Upon entering the home you will find a large mud room equipped with main floor laundry and a utility sink. The kitchen has been freshly painted and the recently replaced, stainless steel, appliances stay with the home. The main floor also boasts 3 bedrooms including a master bedroom with a 3 piece en-suite. The flooring has been replaced on the whole main level with the exception of one bedroom. Moving down to the basement- a blank slate waits for you. The additional square footage is sure to please with any improvements or changes to the space that you wish! This home also offers plenty of storage space. The home has a radon mitigation system and the previous owner replaced the furnace, siding, shingles, and the air conditioning unit. The corner lot, deck, and two stall garage make the outdoor space just as enjoyable!
Redfin Estimate
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Market trends in 56062, MN
Last updated September 2026
Buyer's Market
Seller's Market
Balanced market
Provided by Redfin
Sale history for 503 SW 3rd St
$64/sq ft
$71/sq ft
$65/sq ft
$74/sq ft
$33/sq ft
Tax history for 503 SW 3rd St
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking/Garage Information
- Has Garage
- Has Attached Garage
- # of Garage Spaces: 2
- Parking Features: Garage Door Opener, Concrete, Attached
Interior
- Virtual Tour
- Bathroom Information
- # of Full Bathrooms: 1
- # of Three Quarter Bathrooms: 1
- Heating & Cooling
- Has Cooling
- Cooling: Central Air, Ceiling Fan(s)
- Has Heating
- Heating: Natural Gas, Forced Air
- Interior Features
- Interior Features: Eat-in Kitchen
- Appliances: Dishwasher, Dryer, Microwave, Cooktop, Range, Refrigerator, Washer, Electric Water Heater, Water Softener
- Room Information
- Has Basement
- Basement Details: Full
Exterior
- Exterior Features
- Patio And Porch Features: Deck
- Roof: Asphalt
- Building Information
- Above Grade Finished Area: 1,404
- Below Grade Finished Area: 635
- Construction Materials: Vinyl Siding
- Property Features
- Security Features: Smoke Detector(s)
- Other Structures: Shed(s)
- Property Information
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Lot Information
- Lot Features: Corner Lot
- Road Responsibility: Public Maintained Road
- Lot Size Dimensions: 87 x 166.5
- Lot Size Acres: 0.33
Financial
- Tax Information
- Tax Annual Amount: $2,267
Utilities
- Utility Information
- Water Source: Public
- Sewer: Public Sewer
Location
- Schools Information
- School District: Madelia #837
- Location Information
- Directions: Hwy 60 to Madelia, exit Co Rd 3, Left onto Main follow to Estes and turn Left. Home is on corner of Estes & 3rd on right.
Public facts
- Beds: 3
- Baths: 2.0
- Sq. Ft.: 2,039
- Stories: 1.0
- Lot Size: 0.33 acres
- Style: Single Family Residential
- Year Built: 1972
- Year Renovated: 1987
- County: Watonwan County
- APN: 177010170
Around this home
Schools
Public PreK-6 • Assigned • 0.6mi
Public 7-12 • Assigned • 0.5mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 100° expected this year, 15 days in 30 years
Minor risk of severe winds over next 30 years
0 unhealthy days expected this year, 0 days in 30 years
Sun exposure
In this area, properties receive around 10.4 hours in June and 3.8 hours in December, which is comparable to the U.S. average for solar exposure.
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Nearby similar homes
New listings for sale in 56062
Home values near 503 SW 3rd St
| Address | Redfin Estimate |
|---|---|
4 Beds | 3 Baths | 2288 Sq. Ft. | $327,348 |
3 Beds | 3 Baths | 2558 Sq. Ft. | $339,791 |
| Address | Redfin Estimate |
|---|---|
5 Beds | 3 Baths | 4162 Sq. Ft. | $315,807 |
3 Beds | 2 Baths | 1684 Sq. Ft. | $222,570 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 3 Baths | 3467 Sq. Ft. | $349,718 |
5 Beds | 4 Baths | 3520 Sq. Ft. | $435,843 |
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