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407 E Madison St; Rapid City, SD Property Details

407 E Madison St, Rapid City, SD is a Single Family that was built in 1946. This property is currently a cash purchase and is not for sale. Our records show that 407 E Madison St has 2 bedrooms, and 1 bathroom, and a total of 576 square feet. The lot size of 407 E Madison St is 6,970 square feet.

Off market
407 E Madison St Rapid City, SD 57701
$114,900 Listing Price
2 Beds
1 Baths
576 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1946
  • Purchase Price: $106,000
  • Est. Equity / %: $181,000 / 100%
  • Gross Yield: 7.783%
  • APN: 21-31-326-003
  • Situs County: Pennington
  • Length Of Ownership: 6 years, 7 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Building Quality: C
  • Porch Type: Covered
  • Patio Type: Patio - Screened

Measurements

  • Total: 576/SqFt
  • Lot: 6,970/SqFt
  • Living: 576/SqFt
  • Basement: 576/SqFt
  • Building: 576/SqFt
  • Price Per Square Foot: $184.03

Legal Description

  • Description: SCHNASSE ADD, BLOCK 2, W17' OF LOT 6 & ALL OF LOT 7
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Rapid City School District 51-4
  • Lat / Lon: 44.089172 / -103.20504
  • Subdivision: Schnasse Add
  • Property Class: Residential

Amenities

  • Plus Four: 1414

Ownership Info

407 E Madison St has no associated ownership info
407 E Madison St has no associated ownership info.

Taxes

407 E Madison St has 7 associated Taxes items

407 E Madison St, Rapid City, SD pays taxes in Pennington County, SD. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $138,200. The APN we've located for 407 E Madison St is 21-31-326-003.

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Taxes
  • Assessed Value:  $138,200
  • Assessed Year:  2026
  • Assessed County:  Pennington
  • APN:  21-31-326-003
  • Assessed Land Value:  39700
  • Tax Amount:  1857.97
  • Tax Year:  2025

Tax History

407 E Madison St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $138,200 Land Value $39,700 Improvement Value $98,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $1,857.97 Change Rate -0.046182% Assessed CR Tax Rate
Year 2024 Assessed Value $141,700 Land Value $39,700 Improvement Value $102,000 Tax Amount $1,947.93 Change Rate +0.052025% Assessed CR Tax Rate +0.013747%
Year 2023 Assessed Value $128,600 Land Value $30,500 Improvement Value $98,100 Tax Amount $1,851.6 Change Rate +0.109075% Assessed CR Tax Rate +0.014398%
Year 2022 Assessed Value $107,200 Land Value $27,700 Improvement Value $79,500 Tax Amount $1,669.5 Change Rate +0.06565% Assessed CR Tax Rate +0.015574%
Year 2021 Assessed Value $93,500 Land Value $24,400 Improvement Value $69,100 Tax Amount $1,566.65 Change Rate +0.809127% Assessed CR Tax Rate +0.016756%
Year 2020 Assessed Value $60,400 Land Value $24,400 Improvement Value $36,000 Tax Amount $865.97 Change Rate +0.030071% Assessed CR Tax Rate +0.014337%
Year 2019 Assessed Value $58,400 Land Value $24,400 Improvement Value $34,000 Tax Amount $840.69 Change Rate +0.02974% Assessed CR Tax Rate +0.014395%
Year 2018 Assessed Value $56,500 Land Value $24,400 Improvement Value $32,100 Tax Amount $816.41 Change Rate +0.065072% Assessed CR Tax Rate +0.01445%
Year 2017 Assessed Value $54,300 Land Value $24,400 Improvement Value $29,900 Tax Amount $766.53 Change Rate -0.063666% Assessed CR Tax Rate +0.014117%
Year 2016 Assessed Value $55,400 Land Value $24,400 Improvement Value $31,000 Tax Amount $818.65 Change Rate -0.069473% Assessed CR Tax Rate +0.014777%
Year 2015 Assessed Value $58,200 Land Value $26,000 Improvement Value $32,200 Tax Amount $879.77 Change Rate +0.106866% Assessed CR Tax Rate +0.015116%
Year 2014 Assessed Value $51,400 Land Value $26,000 Improvement Value $25,400 Tax Amount $794.83 Change Rate Assessed CR Tax Rate +0.015464%