502 S Madison St, Milbank, SD 57252 Property Records

Grant County property record for 502 S Madison St, Milbank, SD 57252

Property Summary

Property TypeCommercial
Lot Size3.38 acres (147,304 sqft)
OwnerCompany Name on File
Tax Bill$4,474 (2025)
Flood ZoneZone X (minimal risk)
APN26.30.00.03

Property Details

APN / Parcel Number

Primary APN26.30.00.03

Exterior

Lot Area147,304 sqft (3.38 acres)

Location & Zoning

Street Address502 S MADISON ST
CityMILBANK
StateSD
Zip57252-2223
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionWISE IND PARK ADDN LOTS 1; LT 2 EX S 24' & W 58' OF S 84'; & LT Z
Legal SubdivisionWISE IND PARK ADDN
Legal Lot Number1-Z
JurisdictionGRANT SD
Township / Civil DivisionMILBANK
Census Block Group3
Census Block3031
Census Tract953100

Owner

502 S Madison St, a commercial property, is owned by a company.

Source: Grant County records, as of August 10, 2026

Owner of RecordCompany Name on File
Mailing Address47873 152ND ST, MILBANK, SD 57252-5987
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 UpdatedSep 20, 2026

Tax Assessment & Valuation

The 2025 property tax bill for 502 S Madison St was $4,474.

Source: Grant County assessment roll, as of August 10, 2026

Property Jurisdictions

TypeName
StateSouth Dakota
CountyGrant County
MunicipalityMilbank City
Unified School DistrictMilbank School District 25-4 (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed Value
2026$311,540 (+1%) Land $120,615 Building $190,925
2025$4,474.00$283,218 Land $109,650 Building $173,568
2023$217,860 Land $84,346 Building $133,514

Assessed value is set for property tax purposes and is not a market price estimate.

Flood

FEMA maps place 502 S Madison St in Zone X, an area of minimal flood risk, though there have been 4 flood claims nearby since 1997.

Source: FEMA National Flood Hazard Layer, effective March 27, 2024 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies3 in force
Nearby Flood Claims4 (1997–2019)
Claims Outside the SFHA4 of 4
Most Recent ClaimMar 2019 · Severe Winter Storm, Snowstorm, And Flooding

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 502 S Madison 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 SystemMILBANK
serves 3,544 people · EPA ID SD4600207
Water SourceGroundwater
Last State InspectionAug 2025
Lead2 ppb (2025)
action level 15 ppb
Copper1.4 mg/L (2018)
action level 1.3 mg/L

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 53 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Midco
Cable
2,000 / 1,000
ITC
Fiber
1,000 / 1,000

May also be available: T-Mobile, Verizon.

Nearby Properties on S Madison St

Nearby Streets

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