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Commercial (General)Commercial

118 S LIBERTY AVE

MADISON, SD 57042
5
Beds
0
Baths
1,768 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.18 ac
Lot SizeThe size of the land the home sits on, from county records.
1920
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,247 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$72,200 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$13,800
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$58,400
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$72,200
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$72,200

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Commercial (General)
CountyLAKE
Lot (acres)The size of the land the home sits on, from county records.0.18
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Madison Elementary - 07B
Elementary · Grades KG–5 · 0.9 mi
H
Madison High School - 01B-
High · Grades 9–12 · 1.1 mi
M
Madison Middle School - 02B-
Middle · Grades 6–8 · 1.2 mi

District: Madison Central School District 39-2

Neighborhood · ZIP 57042These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.125
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.92
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.23

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.84%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.28%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.10%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.5%
PopulationHow many people live in this area.7,821
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.40 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$72,886
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$87,201
Average tempThe average temperature here across a full year.44°F
Annual precipHow much rain and melted snow falls here in a typical year.25 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.63%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

118 S Liberty Ave measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Bigger than 78% of homes in Madison 57042
  • Has a smaller lot than 77% of homes in Lake County
  • Older than 75% of homes in Lake County

How it measures up in Madison 57042

The dot is this home. The mark in the middle is the typical home in Madison 57042.

Living area1,768 ft²
SmallerTypical 1,272 ft²Bigger

Bigger than 78% of homes nearby

Lot size0.18 ac
SmallerTypical 0.28 acBigger

Bigger than 25% of homes nearby

Year built1920
OlderTypical 1962Newer

Newer than 28% of homes nearby

How 118 S Liberty Ave ranks against every home in each area.
MeasureThis homeMadison 57042Lake County
Living areabigger than1,768 ft²78% of homes74% of homes
Lot sizebigger than0.18 ac25% of homes23% of homes
Year builtnewer than192028% of homes25% of homes

About 118 S Liberty Ave

When did 118 S Liberty Ave, Madison, SD last sell?

118 S Liberty Ave, Madison, SD last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 118 S Liberty Ave, Madison, SD?

118 S Liberty Ave, Madison, SD has 5 bedrooms, 1,768 square feet of living space and a 0.18-acre lot.

When was 118 S Liberty Ave, Madison, SD built?

118 S Liberty Ave, Madison, SD was built in 1920, making it 106 years old. The building has 2 stories.

What schools serve 118 S Liberty Ave, Madison, SD?

118 S Liberty Ave, Madison, SD is assigned to Madison Elementary - 07 (elementary), rated B; Madison High School - 01 (high), rated B-; Madison Middle School - 02 (middle), rated B-. All sit in Madison Central School District 39-2. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 118 S Liberty Ave, Madison, SD compare to other homes in Madison 57042?

Among the 3,358 homes in Madison 57042, it is bigger than 78% of them (1,768 ft² against a typical 1,272 ft²), its lot is bigger than 25% of them (0.18 ac against a typical 0.28 ac) and it is newer than 28% of them (1920 against a typical 1962). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 118 S Liberty Ave, Madison, SD?

The 2026 property tax bill for 118 S Liberty Ave, Madison, SD was $1,247. The county assessed it at $72,200.

More homes on S Liberty Ave

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More homes in Madison 57042

Assigned schools

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