Large Location Icon

505 E Madison St; Rapid City, SD Property Details

505 E Madison St, Rapid City, SD is a Single Family that was built in 1946. This property is not for sale. Our records show that 505 E Madison St has 2 bedrooms, and 1 bathroom, and a total of 784 square feet. The lot size of 505 E Madison St is 7,841 square feet.

Off market
505 E Madison St Rapid City, SD 57701
$142,900 Estimated Value
2 Beds
1 Baths
784 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1946
  • Est. Equity / %: $191,000 / 100%
  • Gross Yield: 8.582%
  • APN: 21-31-330-003
  • Situs County: Pennington

Rooms

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

Structure

  • Building Quality: C
  • Porch Type: Open
  • Patio Type: Patio

Measurements

  • Total: 784/SqFt
  • Lot: 7,841/SqFt
  • Living: 784/SqFt
  • Building: 784/SqFt

Legal Description

  • Description: SCHNASSE ADD, BLOCK 1, W22' OF LOT 7 & ALL OF LOT 8
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: 44.08916 / -103.203125
  • Subdivision: Schnasse Add
  • Property Class: Residential

Amenities

  • Plus Four: 1416

Ownership Info

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

Taxes

505 E Madison St has 7 associated Taxes items

505 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 $142,900. The APN we've located for 505 E Madison St is 21-31-330-003.

Unlock the full report
Taxes
  • Assessed Value:  $142,900
  • Assessed Year:  2026
  • Assessed County:  Pennington
  • APN:  21-31-330-003
  • Assessed Land Value:  40800
  • Tax Amount:  1580.98
  • Tax Year:  2025

Tax History

505 E Madison St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $142,900 Land Value $40,800 Improvement Value $102,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $1,580.98 Change Rate -0.03112% Assessed CR Tax Rate
Year 2024 Assessed Value $145,100 Land Value $40,800 Improvement Value $104,300 Tax Amount $1,631.76 Change Rate +0.096436% Assessed CR Tax Rate +0.011246%
Year 2023 Assessed Value $127,100 Land Value $31,300 Improvement Value $95,800 Tax Amount $1,488.24 Change Rate +0.094938% Assessed CR Tax Rate +0.011709%
Year 2022 Assessed Value $106,900 Land Value $28,500 Improvement Value $78,400 Tax Amount $1,359.2 Change Rate +0.223755% Assessed CR Tax Rate +0.012715%
Year 2021 Assessed Value $80,200 Land Value $25,200 Improvement Value $55,000 Tax Amount $1,110.68 Change Rate -0.008693% Assessed CR Tax Rate +0.013849%
Year 2020 Assessed Value $78,400 Land Value $25,200 Improvement Value $53,200 Tax Amount $1,120.42 Change Rate +0.035585% Assessed CR Tax Rate +0.014291%
Year 2019 Assessed Value $75,400 Land Value $25,200 Improvement Value $50,200 Tax Amount $1,081.92 Change Rate +0.033254% Assessed CR Tax Rate +0.014349%
Year 2018 Assessed Value $72,700 Land Value $25,200 Improvement Value $47,500 Tax Amount $1,047.1 Change Rate +0.066358% Assessed CR Tax Rate +0.014403%
Year 2017 Assessed Value $69,800 Land Value $25,200 Improvement Value $44,600 Tax Amount $981.94 Change Rate -0.065015% Assessed CR Tax Rate +0.014068%
Year 2016 Assessed Value $71,300 Land Value $25,200 Improvement Value $46,100 Tax Amount $1,050.22 Change Rate -0.051052% Assessed CR Tax Rate +0.01473%
Year 2015 Assessed Value $73,400 Land Value $26,000 Improvement Value $47,400 Tax Amount $1,106.72 Change Rate +0.015787% Assessed CR Tax Rate +0.015078%
Year 2014 Assessed Value $70,800 Land Value $26,000 Improvement Value $44,800 Tax Amount $1,089.52 Change Rate Assessed CR Tax Rate +0.015389%