Lake County property record for 45827 241st St, Madison, SD 57042
| Property Type | Agricultural Vacant Land |
|---|---|
| Details | 3 bd · 3 ba · 2,084 sqft · built 1913 |
| Lot Size | 148 acres (6,449,058 sqft) |
| Owner | Trust Name on File |
| Tax Bill | $3,570 (2026) |
| Flood Zone | Zone X (minimal risk) |
| APN | 05000-10552-232-10 |
| Primary APN | 05000-10552-232-10 |
|---|
| Bedrooms | 3 Beds |
|---|---|
| Full Baths | 3 Baths |
| Building Area | 2,084 sqft Total Area |
| Basement Area | 1,384 sqft |
| Finished Basement | 830 sqft |
| Unfinished Basement | 830 sqft |
| Year Built | Built 1913 |
|---|---|
| Effective Year Built | Effective 1913 |
| Lot Area | 6,449,058 sqft (148 acres) |
| Garage Type | Attached |
| Garage Area | 280 sqft |
| Street Address | 45827 241ST ST |
|---|---|
| City | MADISON |
| State | SD |
| Zip | 57042-7411 |
| Property Category | Agriculture or Farming |
| Property Type | Vacant Land > Agricultural |
| Legal Description | NW1/4 EX HWY & EXC TRACT 1 MINNAERT ADDITION 23-105-52 #1654 OSR= .803 |
| Legal Range | 52W |
| Legal Township | 105 |
| Legal Section | 23 |
| Legal Subdivision | MINNAERT ADDITION |
| Legal Tract | 1 |
| Jurisdiction | LAKE SD |
| Township / Civil Division | FRANKLIN |
| Census Block Group | 2 |
| Census Block | 2088 |
| Census Tract | 960300 |
45827 241st St, agricultural vacant land, is held in a trust.
Source: Lake County records, as of September 23, 2026
| Owner of Record | Trust Name on File |
|---|---|
| Mailing Address | 45827 241ST ST, MADISON, SD 57042-7411 |
| Owner Type | Company |
| Vesting | Trust, Living Trust |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Deed Names | Name on Deed |
|---|---|
| Record Updated | Oct 29, 2026 |
The 2026 property tax bill for 45827 241st St was $3,570, up % from the year before.
Source: Lake County assessment roll, as of October 24, 2025
| Type | Name |
|---|---|
| State | South Dakota |
| County | Lake County |
| County Subdivision | Franklin Township |
| Unified School District | Chester School District 39-1 (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $3,570.00 (+0.03%) | $426,382 (+1.07%) Land $426,382 | $426,382 Land $426,382 |
| 2025 | $3,569.00 (+5.25%) | $421,862 (-1.55%) Land $421,862 | |
| 2024 | $3,391.00 (+0.3%) | $428,500 (+4.23%) Land $428,500 | |
| 2023 | $3,381.00 (-31.85%) | $411,100 Land $411,100 | |
| 2022 | $4,961.00 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 45827 241st 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 Zone | Zone X minimal risk |
|---|---|
| Nearest Special Flood Hazard Area | Zone A, within 500 ft |
| Flood Insurance Requirement | Not required lenders may require it |
| Flood Insurance Cost | Premium on File median of 13 policies |
| Nearby Flood Policies | 13 in force |
| Nearby Flood Claims | 18 (1997–2019) |
| Claims Outside the SFHA | 16 of 18 |
| Most Recent Claim | Sep 2019 · Severe Storms, Tornadoes, And Flooding |
| Claims by Event |
|
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.
The area around 45827 241st St has no burnable land within ember reach, so its wildfire risk is not rated.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Not rated no burnable land within ember reach |
|---|
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | KINGBROOK III RURAL WATER SYSTEM private · serves 2,973 people · EPA ID SD4600874 |
|---|---|
| Water Source | Groundwater |
| Last State Inspection | Jul 2022 |
| Lead | 3 ppb (2025) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | None 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.
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