- Assessed Value: $149,200
- Assessed Year: 2026
- Assessed County: Pennington
- APN: 21-31-330-004
- Assessed Land Value: 40800
- Tax Amount: 1649.6
- Tax Year: 2025
509 E Madison St; Rapid City, SD Property Details
Off market
509 E Madison St Rapid City, SD 57701
$165,000 Listing Price
2 Beds
1 Baths
780 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1940
- Purchase Price: $157,500
- Open Loans / Balance: 1 / $37,263
- Est. Equity / %: $137,737 / 78.71%
- Gross Yield: 9.909%
- APN: 21-31-330-004
- Situs County: Pennington
- Length Of Ownership: 3 years, 2 months
Rooms
- Bedrooms: 2
- Bathrooms: 1
- Full Bathrooms: 1
Structure
- Building Quality: C+
- Deck: true
Measurements
- Total: 780/SqFt
- Lot: 7,841/SqFt
- Living: 780/SqFt
- Basement: 624/SqFt
- Building: 780/SqFt
- Basement Unfinished: 624/SqFt
- Price Per Square Foot: $201.92
Legal Description
- Description: SCHNASSE ADD, BLOCK 1, LOT 6, & E22' 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: 44.08914 / -103.20293
- Subdivision: Schnasse Add
- Property Class: Residential
Amenities
- Plus Four: 1416
Ownership Info
509 E Madison St has no associated ownership info
509 E Madison St has no associated ownership info.
Taxes
509 E Madison St has 7 associated Taxes items
509 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 $149,200. The APN we've located for 509 E Madison St is 21-31-330-004.
Unlock the full reportTaxes
Tax History
509 E Madison St has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2026 | Assessed Value $149,200 | Land Value $40,800 | Improvement Value $108,400 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2025 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,649.6 | Change Rate -0.032447% | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $151,700 | Land Value $40,800 | Improvement Value $110,900 | Tax Amount $1,704.92 | Change Rate +0.047428% | Assessed CR | Tax Rate +0.011239% |
| Year 2023 | Assessed Value $139,400 | Land Value $31,300 | Improvement Value $108,100 | Tax Amount $1,627.72 | Change Rate +0.103853% | Assessed CR | Tax Rate +0.011677% |
| Year 2022 | Assessed Value $116,300 | Land Value $28,500 | Improvement Value $87,800 | Tax Amount $1,474.58 | Change Rate +0.090682% | Assessed CR | Tax Rate +0.012679% |
| Year 2021 | Assessed Value $98,000 | Land Value $25,200 | Improvement Value $72,800 | Tax Amount $1,351.98 | Change Rate -0.027492% | Assessed CR | Tax Rate +0.013796% |
| Year 2020 | Assessed Value $80,000 | Land Value $25,200 | Improvement Value $54,800 | Tax Amount $1,390.2 | Change Rate +0.035253% | Assessed CR | Tax Rate +0.017378% |
| Year 2019 | Assessed Value $76,600 | Land Value $25,200 | Improvement Value $51,400 | Tax Amount $1,342.86 | Change Rate +0.028035% | Assessed CR | Tax Rate +0.017531% |
| Year 2018 | Assessed Value $73,900 | Land Value $25,200 | Improvement Value $48,700 | Tax Amount $1,306.24 | Change Rate +0.053334% | Assessed CR | Tax Rate +0.017676% |
| Year 2017 | Assessed Value $71,900 | Land Value $25,200 | Improvement Value $46,700 | Tax Amount $1,240.1 | Change Rate +0.147773% | Assessed CR | Tax Rate +0.017248% |
| Year 2016 | Assessed Value $73,400 | Land Value $25,200 | Improvement Value $48,200 | Tax Amount $1,080.44 | Change Rate -0.045379% | Assessed CR | Tax Rate +0.01472% |
| Year 2015 | Assessed Value $75,100 | Land Value $26,000 | Improvement Value $49,100 | Tax Amount $1,131.8 | Change Rate +0.085285% | Assessed CR | Tax Rate +0.015071% |
| Year 2014 | Assessed Value $67,700 | Land Value $26,000 | Improvement Value $41,700 | Tax Amount $1,042.86 | Change Rate | Assessed CR | Tax Rate +0.015404% |