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Rural ResidenceResidential
$326,662
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 83How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026
Last sold for $250,000 on Oct 21, 2025

1887 HIGHWAY 40

MADISON, MN 56256
0
Baths
94.98 ac
Lot SizeThe size of the land the home sits on, from county records.
1950
Year BuiltThe year the home was originally built, according to county records.

Valuation

$327K
$273K low$381K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$250,000 · Oct 21, 2025

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,186 (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.$754,000 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$510,800
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$243,200
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$616,900
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$754,000

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.43
63
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
44
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
55
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
42
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
12
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.28 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Rural Residence
CountyLAC QUI PARLE
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1966
Lot (acres)The size of the land the home sits on, from county records.94.98
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

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

E
Madison-Marietta-Nassau Elementary SchoolB
Elementary · Grades PK–4 · 4.2 mi
M
Lac Qui Parle Valley Secondary SchoolC-
Middle · Grades 7–12 · 11.5 mi

District: Lac Qui Parle Valley School District

Neighborhood · ZIP 56256These 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.142
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 100.17

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.18%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.9.7%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.8%
PopulationHow many people live in this area.2,311
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.11 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$59,149
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$75,209
Average tempThe average temperature here across a full year.44°F
Annual precipHow much rain and melted snow falls here in a typical year.24 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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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

1887 Highway 40 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.

  • Worth more than 80% of homes in Madison 56256
  • Has a bigger lot than 88% of homes in Madison 56256

What homes are worth in Madison 56256

Each bar is how many homes fall in that price range. The marker is this home.

This home
$23K$714K

This home is worth more than 80% of homes in Madison 56256.

How it measures up in Madison 56256

The dot is this home. The mark in the middle is the typical home in Madison 56256.

Estimated value$326,662
CheaperTypical $132,500Pricier

Pricier than 80% of homes nearby

Lot size94.98 ac
SmallerTypical 0.35 acBigger

Bigger than 88% of homes nearby

Year built1950
OlderTypical 1940Newer

Newer than 60% of homes nearby

How 1887 Highway 40 ranks against every home in each area.
MeasureThis homeMadison 56256Lac qui Parle County
Estimated valuepricier than$326,66280% of homes74% of homes
Lot sizebigger than94.98 ac88% of homes87% of homes
Year builtnewer than195060% of homes59% of homes

About 1887 Highway 40

How much is 1887 Highway 40, Madison, MN worth?

The TopHap Estimate for 1887 Highway 40, Madison, MN is $326,662 as of Oct 21, 2026. The likely range is $272,578 to $380,746. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1887 Highway 40, Madison, MN last sell?

1887 Highway 40, Madison, MN last sold on Oct 21, 2025 for $250,000, according to the county's recorded deed.

When was 1887 Highway 40, Madison, MN built?

1887 Highway 40, Madison, MN was built in 1950, making it 76 years old.

What schools serve 1887 Highway 40, Madison, MN?

1887 Highway 40, Madison, MN is assigned to Madison-Marietta-Nassau Elementary School (elementary), rated B; Lac Qui Parle Valley Secondary School (middle), rated C-. All sit in Lac Qui Parle Valley School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1887 Highway 40, Madison, MN compare to other homes in Madison 56256?

Among the 1,230 homes in Madison 56256, it is worth more than 80% of them ($326,662 against a typical $132,500), its lot is bigger than 88% of them (94.98 ac against a typical 0.35 ac) and it is newer than 60% of them (1950 against a typical 1940). Measured against all of Lac qui Parle County, it is worth more than 74% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1887 Highway 40, Madison, MN?

The 2026 property tax bill for 1887 Highway 40, Madison, MN was $2,186. The county assessed it at $754,000.

More homes on Highway 40

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Assigned schools

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