500 N Egan AveMadison, SD 57042

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.

Property Information

Property type

Residential

Sub-type

Single Family Residence

Style

Two Story

Year built

1906

Living area

3,077 Sq Ft

Lot size

0.31 acres

Lot dimensions

100x136

Garage spaces

2

Days on market

69

MLS^® Listing#

22605591

Property Features

Appliances

Electric Range · Microwave · Refrigerator · Gas Water Heater

Cooling

Wall Unit(s)

Heating

Hot Water

Flooring

Carpet · Wood · Vinyl

Fireplace

Wood Burning · Living Room

Basement

Full

Parking

Concrete · Attached

Patio

Patio · Front Porch

Lot features

Corner Lot

Construction

Wood Siding

Foundation

Block · Other

Roof

Composition

Sewer

Public Sewer

Water source

Public

Rooms

Schools

Elementary

Madison ES

Middle

Madison MS

High

Madison HS

Financial Details

HOA

None

Annual taxes

$5,052

Parcel number

21120-00300-000-50

Directions

NW 2nd Street to Egan Ave then North on Egan to home corner of SE 4th St and N Egan Ave.