About This Home

This 5-bedroom, 4-bathroom single family at 500 N Egan Ave in Madison, SD is listed for $389,900 ($127 per sqft). Built in 1906, the home offers 3,077 sqft of living space on a 0.31 acres lot.

Key Features

  • Built in 1906
  • 0.31 acre lot
  • 2 stories
  • Fireplace

Property Details

2 stories
1 full
2-car garage
1906

Amenities

Fireplace
Listing 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.

Monthly Cost Estimate

$2,085/mo

20% down · 6.5% · 30 years

Principal$282
Interest$1,690
Insurance$114

Estimates only. Actual payments may vary.

Location

500 N Egan Ave

Madison, SD 57042

Temporary Check Back

Features & Amenities

Interior Features

3+ Bedrooms Same LevelFormal Dining RmMaster Bath

Property Details

Flooring

CarpetWoodVinyl

Construction

Wood Siding

Outdoor Features

PorchPatio

Heating

Hot Water(Heating)

Cooling

Wall Unit(s)

Appliances

Electric RangeMicrowaveRefrigerator

Questions & Answers

This 5-bedroom, 4-bathroom single family at 500 N Egan Ave is listed at $389,900 ($127/sqft). The estimated monthly payment is $2,086 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1906, 0.31 acre lot, 2 stories, Fireplace. Interior Features: 3+ Bedrooms Same Level, Formal Dining Rm, Master Bath.

This property is listed by Adam Foland.

AF

Adam Foland

Agent at EXIT Realty Advantage

Listed by EXIT Realty Advantage · Broker phone: (605) 270-2598 · View on Broker Site · Broker website

MLS# 22605591· Source: Realtor Association of the Sioux Empire MLS· 100 days on PropertySimple

Copyright © 2026 Realtor Association of the Sioux Empire MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

500 N Egan Ave, Madison, SD 57042

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