1038 NE 3rd St, Madison, SD 57042 Property Records

Lake County property record for 1038 NE 3rd St, Madison, SD 57042

Property Summary

Property TypeCommercial
Details10 bd · 5 ba · 424 sqft · built 2015
Lot Size1.44 acres (62,726 sqft)
OwnerCompany Name on File
Tax Bill$17,216 (2026)
Flood ZoneZone X (minimal risk)
APN21960-00100-060-20

Property Details

APN / Parcel Number

Primary APN21960-00100-060-20

Interior

Bedrooms10 Beds
Full Baths5 Baths
Building Area424 sqft Total Area

Exterior

Year BuiltBuilt 2015
Effective Year BuiltEffective 2015
Exterior MaterialWood
Lot Area62,726 sqft (1.44 acres)
Garage TypeAttached
Garage Area360 sqft

Location & Zoning

Street Address1038 NE 3RD ST
CityMADISON
StateSD
Zip57042-1210
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionLOTS 1-6 BLK 1 A A BARTLETTS & ALL THAT PORTION VACATED ANTELOPE AVE LYING ADJACENT TO BLK 1 &
Legal SubdivisionBARTLETTS ADD
Legal Block1
Legal Lot Number1-6
JurisdictionLAKE SD
Township / Civil DivisionMADISON
Census Block Group1
Census Block1002
Census Tract960202

Owner

1038 NE 3rd St, a commercial property, is owned by a company.

Source: Lake County records, as of September 23, 2026

Owner of RecordCompany Name on File
Mailing Address630 WESTERN AVE, BROOKINGS, SD 57006-1102
Owner TypeCompany
VestingCompany

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Record UpdatedOct 29, 2026

Tax Assessment & Valuation

The 2026 property tax bill for 1038 NE 3rd St was $17,216, down 0.8% from the year before.

Source: Lake County assessment roll, as of October 24, 2025

Property Jurisdictions

TypeName
StateSouth Dakota
CountyLake County
MunicipalityMadison City
Unified School DistrictMadison Central School District 39-2 (KG - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$17,216.00 (-0.79%)$1,203,885 (+20.74%) Land $62,701 Building $1,141,184$1,203,885 Land $62,701 Building $1,141,184
2025$17,353.00 (+4.9%)$997,100 (-) Land $64,700 Building $932,400
2024$16,542.00 (-2.94%)$997,100 (+0.6%) Land $64,700 Building $932,400
2023$17,043.00 (-6.41%) Additional exemption filed$991,200 Land $58,800 Building $932,400
2022$18,210.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 1038 NE 3rd St in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective November 20, 2024 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Nearest Special Flood Hazard AreaZone AE, within 500 ft
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 8 (10% premium discount)
Nearby Flood Policies6 in force
Nearby Flood Claims4 (2012–2019)
Most Recent ClaimSep 2019 · Severe Storms, Tornadoes, And Flooding
Claims by Event
  • Severe Storms, Tornadoes, And Flooding, Sep 2019 · 3 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 1038 NE 3rd St is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 99.1% of the US · lower than 98% of South Dakota
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemMADISON
serves 6,191 people · EPA ID SD4600199
Water SourceGroundwater
Last State InspectionSep 2024
Lead2 ppb (2023)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 188 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Midco
Cable
1,250 / 60
Bluepeak
Cable · Fiber in parts of the area
1,000 / 30
Starlink
Satellite
280 / 30

May also be available: Interlakes Wireless, T-Mobile, Verizon.

Nearby Properties on NE 3rd St

Nearby Streets

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