This home's estimate is 49.2% lower than the average sale price ($207K) of 6 comparable homes.
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1540 Territorial Rd, Madison, SD 57042
About this home
You will enjoy the scenic views of Beautiful Lake Herman. This Lake offers fishing and boating opportunities in a convenient location near the Madison Country Club Golf Course and just down the road from Lake Herman State Park. Note, however, that there is an existing house on the property that is recommended for tear down due to mold issues, and it is being sold as-is. This is an opportunity to have one of the last remaining buildable lots on Lake Herman!
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Last updated August 2026
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Provided by Redfin
Sale history for 1540 Territorial Rd
Tax history for 1540 Territorial Rd
*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
Exterior
- Additional Structure Information
- Additional Structure: Shop
- Lot and Land Information
- Lot Size Acres: 0.2296
- Lake Name: Herman
- Lake Description: Lake Front
- Lot Dimensions: 100 x 100
- Road Frontage: County
- Road Surface: Black Top
- Crops: None
- Recorded Plat
- Property Information
- Additional Property Information: Building Eligibility, Lake
Utilities
- Utility Information
- Sewer: Septic at Site
- Water: Well at Site
- Utilities: Cable TV, Electricity, Telephone Lines
Location
- School Information
- Elementary School: Madison ES
- Middle School: Madison MS
- High School: Madison HS
- Middle School: Madison MS
- School District: Madison Central
- Location Information
- Directions to Property: Take 234th St West of Madison to Territorial Rd follow to lot.
Public facts
- Beds: 2
- Baths: —
- Sq. Ft.: 1,424
- Stories: —
- Lot Size: 0.25 acres
- Style: Vacant Land
- Year Built: 1955
- Year Renovated: —
- County: Lake County
- APN: 105801065309010
Around this home
Schools
Public K-5 • Assigned • 2.2mi
Public 6-8 • Assigned • 3.0mi
Public 9-12 • Assigned • 2.9mi
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 97° expected this year, 14 days in 30 years
Minor risk of severe winds over next 30 years
1 unhealthy days expected this year, 1 days in 30 years
Sun exposure
In this area, properties receive around 10.6 hours in June and 4.3 hours in December, placing it above the U.S. average for solar exposure.
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Nearby similar homes
New listings for sale in 57042
Home values near 1540 Territorial Rd
| Address | Redfin Estimate |
|---|---|
2 Beds | 2 Baths | 1200 Sq. Ft. | $237,796 |
3 Beds | 3 Baths | 1782 Sq. Ft. | $532,054 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 1375 Sq. Ft. | $120,462 |
4 Beds | 3 Baths | 3172 Sq. Ft. | $508,607 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 1352 Sq. Ft. | $333,695 |
1 Beds | 1 Baths | 640 Sq. Ft. | $170,885 |
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