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Single Family ResidenceResidential
$77,808$147 / 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 84How 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

418 2ND ST SW

MADELIA, MN 56062
2
Beds
1
Baths
528 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.
0.16 ac
Lot SizeThe size of the land the home sits on, from county records.
1940
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
3
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$78K
$65K low$90K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$992 (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.$86,000 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$14,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$72,000
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$86,300
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$86,000

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.31
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
23
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
61
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
51
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
20
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

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
CountyWATONWAN
Lot (acres)The size of the land the home sits on, from county records.0.16
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Block (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Central
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
Madelia Elementary SchoolC
Elementary · Grades PK–6 · 0.5 mi
M
Madelia Secondary SchoolC
Middle · Grades 7–12 · 0.6 mi

District: Madelia Public School District

Neighborhood · ZIP 56062These 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.131
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 100.13

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.93%
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.7.4%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.3,565
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.27 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$77,953
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$86,294
Average tempThe average temperature here across a full year.45°F
Annual precipHow much rain and melted snow falls here in a typical year.29 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

418 2nd St Sw 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 less than 93% of homes in Madelia 56062
  • Costs less per square foot than 69% of homes in Madelia 56062
  • Smaller than 87% of homes in Madelia 56062
  • Has a smaller lot than 94% of homes in Madelia 56062

What homes are worth in Madelia 56062

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

This home
$61K$458K

This home is worth more than 7% of homes in Madelia 56062.

How it measures up in Madelia 56062

The dot is this home. The mark in the middle is the typical home in Madelia 56062.

Estimated value$77,808
CheaperTypical $164,377Pricier

Pricier than 7% of homes nearby

Price per ft²$147
CheaperTypical $181Pricier

Pricier than 31% of homes nearby

Living area528 ft²
SmallerTypical 936 ft²Bigger

Bigger than 13% of homes nearby

Lot size0.16 ac
SmallerTypical 0.34 acBigger

Bigger than 6% of homes nearby

Year built1940
OlderTypical 1948Newer

Newer than 47% of homes nearby

How 418 2nd St Sw ranks against every home in each area.
MeasureThis homeMadelia 56062Watonwan County
Estimated valuepricier than$77,8087% of homes15% of homes
Price per ft²pricier than$14731% of homes44% of homes
Living areabigger than528 ft²13% of homes15% of homes
Lot sizebigger than0.16 ac6% of homes8% of homes
Year builtnewer than194047% of homes47% of homes

About 418 2nd St Sw

How much is 418 2nd St Sw, Madelia, MN worth?

The TopHap Estimate for 418 2nd St Sw, Madelia, MN is $77,808 as of Oct 21, 2026. The likely range is $65,445 to $90,171. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 418 2nd St Sw, Madelia, MN last sell?

418 2nd St Sw, Madelia, MN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 418 2nd St Sw, Madelia, MN?

418 2nd St Sw, Madelia, MN has 2 bedrooms, 1 bathrooms, 528 square feet of living space and a 0.16-acre lot.

When was 418 2nd St Sw, Madelia, MN built?

418 2nd St Sw, Madelia, MN was built in 1940, making it 86 years old. The building has 1 story.

What schools serve 418 2nd St Sw, Madelia, MN?

418 2nd St Sw, Madelia, MN is assigned to Madelia Elementary School (elementary), rated C; Madelia Secondary School (middle), rated C. All sit in Madelia Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 418 2nd St Sw, Madelia, MN compare to other homes in Madelia 56062?

Among the 1,234 homes in Madelia 56062, it is worth more than 7% of them ($77,808 against a typical $164,377), its price per square foot is higher than 31% of them ($147 against a typical $181), it is bigger than 13% of them (528 ft² against a typical 936 ft²), its lot is bigger than 6% of them (0.16 ac against a typical 0.34 ac) and it is newer than 47% of them (1940 against a typical 1948). Measured against all of Watonwan County, it is worth more than 15% 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 418 2nd St Sw, Madelia, MN?

The 2026 property tax bill for 418 2nd St Sw, Madelia, MN was $992. The county assessed it at $86,000.

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