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Single Family ResidenceResidential
$258,526$196 / 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 $245,000 on Jul 13, 2022

515 4TH ST SW

MADELIA, MN 56062
2
Beds
1.5
Baths
1,320 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.
0.32 ac
Lot SizeThe size of the land the home sits on, from county records.
1976
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

$259K
$236K low$281K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$245,000 · Jul 13, 2022

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,318 (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.$218,800 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$28,100
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$190,700
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$221,800
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$218,800

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.29
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
13
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
StyleThe architectural style of the home, such as ranch or colonial.Ranch
CountyWATONWAN
Lot (acres)The size of the land the home sits on, from county records.0.32
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.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
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 120 ft²Porch · 192 ft²

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 · 0.6 mi
M
Madelia Secondary SchoolC-
Middle · Grades 7–12 · 0.7 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

515 4th 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 more than 90% of homes in Watonwan County
  • Costs more per square foot than 74% of homes in Watonwan County
  • Bigger than 84% of homes in Watonwan County
  • Newer than 80% of homes in Watonwan County

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
$50K$422K

This home is worth more than 83% 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$258,526
CheaperTypical $152,502Pricier

Pricier than 83% of homes nearby

Price per ft²$196
CheaperTypical $166Pricier

Pricier than 65% of homes nearby

Living area1,320 ft²
SmallerTypical 936 ft²Bigger

Bigger than 78% of homes nearby

Lot size0.32 ac
SmallerTypical 0.35 acBigger

Bigger than 48% of homes nearby

Year built1976
OlderTypical 1948Newer

Newer than 77% of homes nearby

How 515 4th St Sw ranks against every home in each area.
MeasureThis homeMadelia 56062Watonwan County
Estimated valuepricier than$258,52683% of homes90% of homes
Price per ft²pricier than$19665% of homes74% of homes
Living areabigger than1,320 ft²78% of homes84% of homes
Lot sizebigger than0.32 ac48% of homes47% of homes
Year builtnewer than197677% of homes80% of homes

About 515 4th St Sw

How much is 515 4th St Sw, Madelia, MN worth?

The TopHap Estimate for 515 4th St Sw, Madelia, MN is $258,526 as of Aug 30, 2026. The likely range is $236,101 to $280,951. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 515 4th St Sw, Madelia, MN last sell?

515 4th St Sw, Madelia, MN last sold on Jul 13, 2022 for $245,000, according to the county's recorded deed.

How big is 515 4th St Sw, Madelia, MN?

515 4th St Sw, Madelia, MN has 2 bedrooms, 1.5 bathrooms, 1,320 square feet of living space and a 0.32-acre lot.

When was 515 4th St Sw, Madelia, MN built?

515 4th St Sw, Madelia, MN was built in 1976, making it 50 years old. It is a ranch home. The building has 1 story.

What schools serve 515 4th St Sw, Madelia, MN?

515 4th 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 515 4th St Sw, Madelia, MN compare to other homes in Madelia 56062?

Among the 1,190 homes in Madelia 56062, it is worth more than 83% of them ($258,526 against a typical $152,502), its price per square foot is higher than 65% of them ($196 against a typical $166), it is bigger than 78% of them (1,320 ft² against a typical 936 ft²), its lot is bigger than 48% of them (0.32 ac against a typical 0.35 ac) and it is newer than 77% of them (1976 against a typical 1948). Measured against all of Watonwan County, it is worth more than 90% 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 515 4th St Sw, Madelia, MN?

The 2025 property tax bill for 515 4th St Sw, Madelia, MN was $3,318. The county assessed it at $218,800.

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