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Single Family ResidenceResidential
$1,005,310$420 / ft²
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 91How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $849,000 on Jun 30, 2021

394 MADISON AVE

KNIFE RIVER, MN 55609
3
Beds
3
Baths
2,392 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.
5.95 ac
Lot SizeThe size of the land the home sits on, from county records.
2005
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$1M
$916K low$1.1M high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$849,000 · Jun 30, 2021

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,942 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$1,363,300 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$179,500
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$1,183,800
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$1,139,400
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$1,363,300

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.27
10
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
16
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
39
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
62
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
9
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.6 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.6%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Ranch
CountyLAKE
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.2010
Lot (acres)The size of the land the home sits on, from county records.5.95
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Metal
HeatingThe type of heating system in the home.Yes
CoolingThe type of cooling or air conditioning in the home.Yes
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.Pool W/Hot Tub/Spa
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.SaunaDeck · 203 ft²

Transaction History(3)

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
Minnehaha Elementary SchoolB
Elementary · Grades PK–5 · 7.3 mi
M
Two Harbors Secondary SchoolB+
Middle · Grades 6–12 · 8.8 mi

District: Lake Superior Public School District

Neighborhood · ZIP 55609These 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.83
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.90
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.8

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.70%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.13%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.3.7%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.14
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.38 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$88,833
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$97,221
Average tempThe average temperature here across a full year.39°F
Annual precipHow much rain and melted snow falls here in a typical year.31 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.52%

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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

394 Madison 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.

  • Worth more than 98% of homes in Lake County
  • Costs more per square foot than 79% of homes in Lake County
  • Bigger than 98% of homes in Lake County
  • Has a bigger lot than 81% of homes in Knife River 55609
  • Newer than 84% of homes in Lake County

What homes are worth in Knife River 55609

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

This home
$173K$1.3M

This home is worth more than 95% of homes in Knife River 55609.

How it measures up in Knife River 55609

The dot is this home. The mark in the middle is the typical home in Knife River 55609.

Estimated value$1,005,310
CheaperTypical $454,882Pricier

Pricier than 95% of homes nearby

Price per ft²$420
CheaperTypical $411Pricier

Pricier than 54% of homes nearby

Living area2,392 ft²
SmallerTypical 1,108 ft²Bigger

Bigger than 97% of homes nearby

Lot size5.95 ac
SmallerTypical 1.36 acBigger

Bigger than 81% of homes nearby

Year built2005
OlderTypical 1986Newer

Newer than 74% of homes nearby

How 394 Madison Ave ranks against every home in each area.
MeasureThis homeKnife River 55609Lake County
Estimated valuepricier than$1,005,31095% of homes98% of homes
Price per ft²pricier than$42054% of homes79% of homes
Living areabigger than2,392 ft²97% of homes98% of homes
Lot sizebigger than5.95 ac81% of homes70% of homes
Year builtnewer than200574% of homes84% of homes

About 394 Madison Ave

How much is 394 Madison Ave, Knife River, MN worth?

The TopHap Estimate for 394 Madison Ave, Knife River, MN is $1,005,310 as of Aug 30, 2026. The likely range is $915,584 to $1,095,036. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 394 Madison Ave, Knife River, MN last sell?

394 Madison Ave, Knife River, MN last sold on Jun 30, 2021 for $849,000, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

How big is 394 Madison Ave, Knife River, MN?

394 Madison Ave, Knife River, MN has 3 bedrooms, 3 bathrooms, 2,392 square feet of living space and a 5.95-acre lot.

When was 394 Madison Ave, Knife River, MN built?

394 Madison Ave, Knife River, MN was built in 2005, making it 21 years old. It is a ranch home. The building has 1 story.

What schools serve 394 Madison Ave, Knife River, MN?

394 Madison Ave, Knife River, MN is assigned to Minnehaha Elementary School (elementary), rated B; Two Harbors Secondary School (middle), rated B+. All sit in Lake Superior Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 394 Madison Ave, Knife River, MN compare to other homes in Knife River 55609?

Among the 281 homes in Knife River 55609, it is worth more than 95% of them ($1,005,310 against a typical $454,882), its price per square foot is higher than 54% of them ($420 against a typical $411), it is bigger than 97% of them (2,392 ft² against a typical 1,108 ft²), its lot is bigger than 81% of them (5.95 ac against a typical 1.36 ac) and it is newer than 74% of them (2005 against a typical 1986). Measured against all of Lake County, it is worth more than 98% 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 394 Madison Ave, Knife River, MN?

The 2025 property tax bill for 394 Madison Ave, Knife River, MN was $5,942. The county assessed it at $1,363,300.

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