316 SW 3rd St, Madison, SD 57042 Property Records

Lake County property record for 316 SW 3rd St, Madison, SD 57042

Property Summary

Property TypeCommercial
Lot Size4.35 acres (189,486 sqft)
OwnerCompany Name on File
Tax Bill$10,524 (2026)
Flood ZoneZone AE (high risk)
APN21095-00900-020-10

Property Details

APN / Parcel Number

Primary APN21095-00900-020-10

Exterior

Lot Area189,486 sqft (4.35 acres)

Location & Zoning

Street Address316 SW 3RD ST
CityMADISON
StateSD
Zip57042
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionLOT 2 & 3 BLK 9 GIENAPP'S INDUSTR PARK 1ST ADDITION #930M-Z
Legal Range52W
Legal Township106
Legal Section07
Legal SubdivisionGIENAPP'S INDUSTR PARK 1ST ADDITION
Legal Block9
Legal Lot Number2-3
JurisdictionLAKE SD
Township / Civil DivisionMADISON
Census Block Group2
Census Block2063
Census Tract960201

Owner

316 SW 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 AddressPO BOX 466, MADISON, SD 57042-0466
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 316 SW 3rd St was $10,524, down 1.3% 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$10,524.00 (-1.29%)$609,500 (-) Land $59,300 Building $550,200$609,500 Land $59,300 Building $550,200
2025$10,661.00 (+4.02%)$609,500 (-) Land $59,300 Building $550,200
2024$10,249.00 (-2.61%)$609,500 (+0.89%) Land $59,300 Building $550,200
2023$10,524.00 (-4.6%)$604,100 Land $53,900 Building $550,200
2022$11,031.00

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

Flood

FEMA maps place 316 SW 3rd St in Zone AE, a high-risk flood area; flood insurance is required for federally backed loans.

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

FEMA Flood ZoneZone AE
high risk
100-Year FloodplainYes
1% annual chance
FloodwayNo
Base Flood ElevationVaries along the reach; see FIRM
Flood Insurance RequirementRequired
federally backed loans
Community Rating SystemClass 8 (10% premium discount)
Nearby Flood Policies6 in force
Nearby Flood Claims3 (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 316 SW 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 157 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Midco
Cable
2,000 / 350
Bluepeak
Cable · Fiber in parts of the area
1,000 / 30

May also be available: GigFire, Interlakes Wireless, Verizon.

Nearby Properties on SW 3rd St

Nearby Streets

Search Property Records by Address or Parcel Number