Lake County property record for 506 SE 3rd St, Madison, SD 57042
| Property Type | Single Family Home |
|---|---|
| Details | 2 bd · 6 ba · 780 sqft · built 1972 |
| Lot Size | 0.17 acres (7,405 sqft) |
| Owner | 2 Individual Names on File |
| Tax Bill | $1,413 (2025) |
| Flood Zone | Zone X (minimal risk) |
| APN | 21045-02200-110-10 |
| Primary APN | 21045-02200-110-10 |
|---|
| Bedrooms | 2 Beds |
|---|---|
| Full Baths | 6 Baths |
| Stories | 1 Story |
| Building Area | 780 sqft Living Area |
| Basement Area | 568 sqft |
| Unfinished Basement | 568 sqft |
| Year Built | Built 1972 |
|---|---|
| Effective Year Built | Effective 1972 |
| Lot Area | 7,405 sqft (0.17 acres) |
| Street Address | 506 SE 3RD ST |
|---|---|
| City | MADISON |
| State | SD |
| Zip | 57042-3018 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Legal Description | LOT 11 BLK 22 TOWN PROP 2ND #640M |
| Legal Block | 22 |
| Legal Lot Number | 11 |
| Jurisdiction | LAKE SD |
| Township / Civil Division | MADISON |
| Census Block Group | 1 |
| Census Block | 1027 |
| Census Tract | 960201 |
Source: Lake County assessment roll, as of October 24, 2025
Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.
| Owner of Record | 2 Individual Names on File |
|---|---|
| Mailing Address | 506 SE 3RD ST, MADISON, SD 57042-3018 |
| Occupancy | Owner Occupied |
| Owner Type | Individual |
| Deed Names | 2 Verified Names on Deed |
|---|---|
| Record Updated | Jun 8, 2026 |
Source: Lake County assessment roll, as of October 24, 2025
| Type | Name |
|---|---|
| State | South Dakota |
| County | Lake County |
| Municipality | Madison City |
| Unified School District | Madison Central School District 39-2 (KG - 12) |
| Year | Tax Bill | Assessed Value |
|---|---|---|
| 2025 | $1,413.00 (+5.29%) | $94,200 (-) Land $12,000 Building $82,200 |
| 2024 | $1,342.00 (+3.71%) | $94,200 (+6.2%) Land $12,000 Building $82,200 |
| 2023 | $1,294.00 (+20.71%) | $88,700 Land $10,400 Building $78,300 |
| 2022 | $1,072.00 |
Assessed value is set for property tax purposes and is not a market price estimate.
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 AE, within 500 ft |
| Flood Insurance Requirement | Not required lenders may require it |
| Flood Insurance Cost | Premium on Record median of 32 policies |
| Community Rating System | Class 8 (10% premium discount) |
| Nearby Flood Policies | 32 in force |
| Nearby Flood Claims | 14 (2010–2019) |
| Claims Outside the SFHA | 1 of 14 |
| 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.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Not rated no burnable land within ember reach |
|---|
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | MADISON serves 6,191 people · EPA ID SD4600199 |
|---|---|
| Water Source | Groundwater |
| Last State Inspection | Sep 2024 |
| Lead | 2 ppb (2023) 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.
Source: FCC Broadband Data Collection, based on 389 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Midcontinent Communications Cable | 1,250 / 60 |
| Clarity Telecom Cable · Fiber in parts of the area | 1,000 / 30 |
| Starlink Satellite | 280 / 30 |
May also be available: Interlakes Wireless, Verizon.
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