OFF MARKET

Off market oct 2014 for $57K

$315,807

Est. refi paymentEst. refi $392/mo

•

4,162

sq ft

514 SW 3rd St, Madelia, MN 56062

About this home

Checkout this diamond in the rough situated on a 160x158 foot lot and in a cul-de-sac! The home offers over 4100 square feet finished. On the upper level there are 3 bedrooms, 2 bathrooms, a large family room, formal dining room, a big kitchen and dining room area with a fireplace and walkout to the deck, master bedroom with master bath and two walk-in closets and the living room. The lower level has another huge family room with a fireplace and walkout to the patio, 2 more bedrooms, another bathroom, large laundry room with a walkout door, sauna and a 26x30 tuck under garage. The house needs a lot of TLC but could be a beautiful home when the work is done! Call today for more information and your own private showing.

Single-familyProperty Type

1974Year Built

0.58 acresLot Size

$76Est. Price/Sq.Ft.

2 car garageParking

Listed by JASON BEAL • JBEAL REAL ESTATE GROUP

Bought with PATRICK HRUBY • JBEAL REAL ESTATE GROUP

Redfin checked: a minute ago

•Source:RASM #7006514

Redfin Estimate

$315,807

$258K since sold in October 2014$9,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 18% higher than the average sale price ($268K) of 6 comparable homes.

SOLD AUG 7, 2026
$290,000
A
4 beds3 baths— sq ft
1134 9th St N, Saint James, MN 56081
SOLD JUL 9, 2026
$310,000
B
4 beds2 baths— sq ft
519 4th St SW, Madelia, MN 56062
SOLD JUN 16, 2026
$275,000
C
4 beds3 baths2,592 sq ft
1140 N 9th Street St, Saint James, MN 56081
SOLD MAY 21, 2026
$259,000
D
4 beds2.5 baths2,900 sq ft
1145 Eighth Street North St, Saint James, MN 56081
SOLD JUL 31, 2026
$270,000
E
5 beds4 baths— sq ft
1139 10th St N, Saint James, MN 56081
SOLD JUL 15, 2026
$201,400
F
4 beds2.5 baths3,000 sq ft
1023 Armstrong S Blvd Blvd, Saint James, MN 56081

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Earn from this home

Refinance

Est. cash available

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Rent

$3,636/mo

Redfin rental estimate

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Market trends in 56062, MN

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

97.5%

+0.5% MoM

Median sale price

$185K

$13K MoM

Avg. days on market

23d

8 days MoM

Recently sold homes

3 MoM

New listings for sale

$298,000
4 beds2 baths3,367 sq ft
507 1st St SW, Madelia, MN 56062
See all

Provided by Redfin

Sale history for 514 SW 3rd St

Date

Event

Price

LSAR as distributed by WIREX #2230425

Oct 17, 2014

Sold

$57,500

$14/sq ft

Sep 3, 2014

Listed

$72,500

$17/sq ft

RASM #7006514

Oct 17, 2014

Sold

$57,500

$14/sq ft

Sep 3, 2014

Listed

$72,500

$17/sq ft

NORTHSTARMLS as Distributed by MLS Grid #RASM7006514

Sep 4, 2014

Listed

$72,500

$17/sq ft

NORTHSTARMLS as Distributed by MLS Grid #RASM117422

Jul 14, 2008

Listed

$109,900

$26/sq ft

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Year

Property tax

Land + Additions

Assessment*

2026

$6,838 (+20.3%)

2025

$5,682 (+0.4%)

2024

$5,662 (−0.9%)

$27,500 + $392,000

$419,500

2023

$5,712 (−9.0%)

2022

$6,280 (+14.0%)

2021

$5,508 (+21.4%)

2020

$4,536 (−2.7%)

2019

$4,662 (−3.6%)

2018

$4,836 (+43.1%)

$27,500 + $268,800

$296,300

2017

$3,380 (+179.8%)

$21,910 + $175,190

$197,100

2016

$1,208 (+15.0%)

$23,900 + $44,300

$68,200

2015

$1,050 (+2.5%)

$15,440 + $38,760

$54,200

2014

$1,024 (−19.2%)

$15,288 + $37,612

$52,900

2013

$1,268

Tax history for 514 SW 3rd St

Year

Property tax

Land + Additions

Assessment*

2026

$6,838 (+20.3%)

2025

$5,682 (+0.4%)

2024

$5,662 (−0.9%)

$27,500 + $392,000

$419,500

2023

$5,712 (−9.0%)

2022

$6,280 (+14.0%)

2021

$5,508 (+21.4%)

2020

$4,536 (−2.7%)

2019

$4,662 (−3.6%)

2018

$4,836 (+43.1%)

$27,500 + $268,800

$296,300

2017

$3,380 (+179.8%)

$21,910 + $175,190

$197,100

2016

$1,208 (+15.0%)

$23,900 + $44,300

$68,200

2015

$1,050 (+2.5%)

$15,440 + $38,760

$54,200

2014

$1,024 (−19.2%)

$15,288 + $37,612

$52,900

2013

$1,268

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.58 Acres

Year renovated

1992

Sq. Ft.

4,040

Year built

1974

Style

Single Family Residential

County

Watonwan County

APN

177010050

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 1, 2026.

Property details

Parking

Parking/Garage Information
Has Garage
# of Garage Spaces: 2
Parking Features: Garage Door Opener, Concrete

Interior

Bathroom Information
# of Full Bathrooms: 1
# of Three Quarter Bathrooms: 2

Heating & Cooling
Has Cooling
Cooling: Central Air, Ceiling Fan(s)
Has Heating
Heating: Natural Gas, Forced Air

Interior Features
Interior Features: Vaulted Ceiling(s), Walk-In Closet(s), Central Vacuum
Appliances: Cooktop, Dishwasher, Refrigerator, Oven, Gas Water Heater, Water Softener

Room Information
Has Basement
Basement Details: Finished, Walk-Out Access, Full

Exterior

Exterior Features
Patio And Porch Features: Deck, Patio
Roof: Asphalt

Building Information
Above Grade Finished Area: 2,542
Below Grade Finished Area: 1,620
Construction Materials: Wood Siding

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence

Lot Information
Lot Features: Cul-De-Sac
Road Responsibility: Public Maintained Road
Lot Size Dimensions: 160 x 158.25

Financial

Tax Information
Tax Annual Amount: $1,024

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, turn left and go to Estes Ave, turn left and go to 3rd St, turn right and house on left.

Public facts

Beds: 5
Baths: 3.0
Sq. Ft.: 4,040
Stories: 1.0
Lot Size: 0.58 acres
Style: Single Family Residential
Year Built: 1974
Year Renovated: 1992
County: Watonwan County
APN: 177010050

Home facts updated by county records on Sep 1, 2026

Around this home

Schools

Madelia Elementary School

Public PreK-6 • Assigned • 0.6mi

3/10

Madelia Secondary

Public 7-12 • Assigned • 0.6mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 100° expected this year, 15 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Madelia, MN • 56062

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

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.

10.4 hrs

3.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$301,000 – $364,000

Sell confidently with a local market expert in Madelia. 3 minutes to get started.

Nearby similar homes

$189,900

Land— sq ft

48204 State Highway 30, Truman, MN 56088

$339,000

3 beds1 bath1,864 sq ft

37387 745th Avenue Ave, Saint James, MN 56081

$629,900

5 beds3 baths2,287 sq ft

52062 190th Ln, Lake Crystal, MN 56055

$230,000

3 beds2 baths1,862 sq ft

10 Buck Ave NE, Madelia, MN 56062

$90,000

2 beds1 bath1,471 sq ft

117 E Pleasant St, Garden City, MN 56034

$335,000

4 beds2.5 baths3,568 sq ft

1010 N 5th St, Saint James, MN 56081

New listings for sale in 56062

$298,000

4 beds2 baths3,367 sq ft

507 1st St SW, Madelia, MN 56062

Home values near 514 SW 3rd St

Data from public records.

Address	Redfin Estimate
504 3rd St SW, Madelia, MN 4 Beds \| 3 Baths \| 2288 Sq. Ft.	$327,348
415 3rd St SW, Madelia, MN 3 Beds \| 3 Baths \| 2558 Sq. Ft.	$339,791

Address	Redfin Estimate
426 3rd St SW, Madelia, MN 4 Beds \| 3 Baths \| 3467 Sq. Ft.	$349,718
511 Southwest 3rd St, Madelia, MN 3 Beds \| 2 Baths \| 1684 Sq. Ft.	$223,338

Address	Redfin Estimate
503 3rd St SW, Madelia, MN 3 Beds \| 2 Baths \| 2039 Sq. Ft.	$250,626
530 3rd St SW, Madelia, MN 3 Beds \| 3 Baths \| 2258 Sq. Ft.	$392,341

Property information provided by RASM when last listed in 2014. This data may not match . Learn more.

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