NOT LISTED FOR SALE

1005 Park Ave Madison, IN 47250

Estimated Value: $122,394 - $199,000

1 Bed
1 Bath
744 Sq Ft
$208/Sq Ft Est. Value

Last Sold January 21, 2022

Last sale price $70,000 $94 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $855/month

Highlights

  • Deck
  • Porch
  • Ceiling Fan
  • First Floor Utility Room
  • 1-Story Property
  • Space Heater

About This Home

As of January 2022

Quaint home on the East edge of Madison, Indiana's Historic District. This is an investment opportunity for two potential rentals or owner occupied homes. Remodeled home located at 1005 Park Ave. One-two bedrooms, one bath, kitchen, living room, and laundry area. Lovely deck & pergola for outdoor entertaining on adjacent parcel. This listing also includes a 429 sq. ft. home in much need of repair located at 1007 Park Ave. (Not currently connected to public water, sewer or electric). Currently the driveway is in poor condition and needs to be improved for access to the home, a permit may be required by INDOT. The addresses included in this sale are :1003,1005, and 1007 Park Ave and are on separate parcels. This home has been a rental and is currently occupied, sale is subject to tenants rights. Photos were taken prior to tenant's occupancy. Commission is paid on the accepted purchase agreement amount minus agreed closing costs, prepaids and escrow reserves.

Last Agent to Sell the Property

Mark Viterna

Coldwell Banker Harrell & Asso License #RB21001960 Listed on: 09/27/2021

Co-Listed By

Judy Hoffman

Coldwell Banker Harrell & Asso License #RB14039383

Coldwell Banker Harrell & Asso

Last Buyer's Agent

Judy Hoffman

Coldwell Banker Harrell & Asso License #RB14039383

Coldwell Banker Harrell & Asso

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $574

Year Built

  • Built in 1900

Lot Details

  • 0.39 Acre Lot

Home Design

  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 744 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • First Floor Utility Room
  • Crawl Space
  • Oven or Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Porch

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Gas Available

Listing and Financial Details

  • Assessor Parcel Number 391301223013000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$574

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Improvements: 28700
  • Additional Assessor Parcel Numbers: 391301223012000007
  • Annual Tax: 574
  • Appointment: 24 Hour Notice
  • Construction: Existing
  • Foundation: Rock
  • Land Assessment: 15600
  • Legal Description: See deed. There are three land parcels.
  • Lot Dimensions: see description
  • Parcel Number: 391301223013000007
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total: 44300
  • Total Deduction Amnt: 18910
  • Total Finished Square Footage: 744
  • Type: 1 Story
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Water Heater: Unknown
  • Basement Type: Crawl Space
  • Above Grade Finished Sq Ft: 744.00
  • Appliances: Range / Oven, Refrigerator
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • Interior Amenities: 1st Floor Utility, Ceiling Fan(s)
  • Lot Sq Ft: 16988.40
  • Sewer Type: Sanitary Onsite
  • Total Sq Ft: 744

Exterior Features

  • Exterior Features: Deck, Porch, Vinyl Siding

Utilities

  • Cooling Type: Window A/C Unit(s)
  • Fuel Type: Gas
  • Heat Type: Space
  • Water Type: Public Onsite

Schools

  • School District: Madison Cons.

Lot Info

  • Acres: 0.3900
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2016
Closed on
Jul 22, 2016
Sold by
Thevenow
Bought by
Eldridge Hiram
Seller's Agent
Scott Lynch
F.C. Tucker/Scott Lynch Group
List Price
$19,900
Sold Price
$12,500
Premium/Discount to List
-$7,400
-37.19%
Current Estimated Value
$154,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,099
Avg. Annual Appreciation
31.17%

Purchase Details

Closed on
Oct 29, 2010
Sold by
Thomas
Bought by
Victor and Melinda
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Eldridge Hiram $12,500 Jefferson County Land Title
Victor $6,000 Collins, Henley & Wynn
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/21/2022 01/21/22 Sold $70,000 0.0% $94 / Sq Ft
12/16/2021 12/16/21 Pending -- -- --
09/27/2021 09/27/21 For Sale $70,000 +460.0% $94 / Sq Ft
07/22/2016 07/22/16 Sold $12,500 -37.2% $17 / Sq Ft View Prior Sale
06/08/2016 06/08/16 Pending -- -- --
03/11/2016 03/11/16 For Sale $19,900 -- $27 / Sq Ft
Source: Southern Indiana REALTORS® Association

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $500 $64,100 $7,800 $56,300
2023 $485 $64,100 $7,800 $56,300
2022 $112 $23,400 $7,800 $15,600
2021 $99 $22,100 $7,800 $14,300
2020 $91 $21,500 $7,800 $13,700
2019 $87 $21,500 $7,800 $13,700
2018 $83 $21,500 $7,800 $13,700
2017 $432 $21,400 $7,800 $13,600
2016 $431 $21,400 $7,800 $13,600
2014 $91 $18,000 $6,400 $11,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2021011155

Southern Indiana REALTORS® Association

APN: 39-13-01-223-012-000-007