500 N Egan Ave, Madison, SD Home for Sale
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500 N Egan Ave, Madison For Sale

500 N Egan Ave, Madison, SD 57042 - Asking Price: $389,900 
Listed by Adam Foland, EXIT Realty Advantage, adamsellsmore@gmail.com

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.

Important Property Info
Status: Active
Bedrooms: 5
Bathrooms: 4
Sq Ft: 3,077 SqFt
Asking Price: $389,900
Taxes: $5,052
Property Details
MLS Number: 22605591
Style: Two Story
Year Built: 1906
Elementary School: Madison ES
Junior/Middle High: Madison MS
High School: Madison HS
Measurements
Living Room: 12 x 15 Level: Main
Family Room: 13 x 18 Level: Upper
Dining Room: 13 x 19 Level: Main
Kitchen: 12 x 8 Level: Main
Master Bedroom: 10 x 9 Level: Main
Bedroom 2: 9 x 12 Level: Main
Bedroom 3: 10 x 12 Level: Main
Bedroom 4: 11 x 12 Level: Upper
Extra Room 1: 16 x 12 Level: Main
Extra Room 2: 13 x 14 Level: Upper
Lot (sq/ft): 13,600
Lot (acres): 0.31
Others
Interior Features: Formal Dining Rm, Master Bath, 3+ Bedrooms Same Level
Exterior Features: Wood Siding
Garage Type: Attached

Listing Courtesy of Adam Foland, EXIT Realty Advantage, adamsellsmore@gmail.com
© 2026 REALTOR® Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved. Information Deemed Reliable but Not Guaranteed.

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500 Egan Ave, Madison, SD