$93,000
SOLD NOV 20, 2024

101 S Madison St Lincoln, IL 62656

3 Beds
1 Bath
1,200 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$78 Per Sq Ft

3% Above List Price

1 Day on Market

Highlights

  • Deck
  • Corner Lot
  • Shed
  • Ranch Style House
  • Porch
  • Forced Air Heating System

About This Home

As of November 2024

This spacious three bedroom all electric vinyl sided ranch style home will surprise you with all that it has to offer for $90,000! The main floor of home boasts a gracious front facing 15X16 living room, large equipped kitchen/dining area with ample floor space as well as two separate exterior access points, three nice sized bedrooms, and a full hall bath. The full basement offers abundant additional usable space and features laundry facilities as well as mechanicals -- could easily be finished if additional living space is needed/desired! Property also features a nice side deck, off-street parking, rear storage shed, whole house attic fan, and various recent updated features including roof (2012), some vinyl replacement windows (2016), furnace and central air conditioning unit (2017), and commercial grade gutters (2020). Radon mitigation system installed on premises. Act swiftly as this smartly priced residential dwelling is sure to move quickly!

Last Agent to Sell the Property

Seth Goodman

ME Realty License #475126097 Listed on: 10/15/2024

Last Buyer's Agent

Seth Goodman

ME Realty License #475126097 Listed on: 10/15/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,237

Year Built

  • Built in 1978

Lot Details

  • Lot Dimensions are 82x62
  • Corner Lot
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • Ceiling Fan
  • Replacement Windows
  • Blinds
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Shed
  • Porch

Schools

  • Lincoln High School

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 12-520-005-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,237

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1978
  • Architectural Style: Ranch
  • New Construction: No
  • PricePerSqFt: 77.5
  • Special Features: None

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Full, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Blinds, Ceiling Fan(s)
  • Living Area: 1200
  • TotalBasementSqFt: 1200
  • KitchenDining: Dining Informal,Eat-In Kitchen

Exterior Features

  • Lot Features: Corner Lot, Level
  • Construction Type: Vinyl Siding
  • Exterior Features: Deck, Porch, Replacement Windows, Shed(s)
  • Foundation Details: Block, Concrete
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: No
  • Parking Features: Gravel

Utilities

  • Heating: Electric, Forced Air, Central Air
  • Water Source: Public Sewer, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • High School: Lincoln

Lot Info

  • Lot Size: 82X62
  • Parcel #: 12-520-005-00

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2094.6
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2024
Closed on
Nov 18, 2024
Sold by
Friend Heather
Bought by
Smith Sean W
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$90,000
Sold Price
$93,000
Premium/Discount to List
$3,000
3.33%
Views
3
Current Estimated Value
$94,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,785
Avg. Annual Appreciation
25.43%
Original Mortgage
$93,939
Outstanding Balance
$93,613
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$14,635

Purchase Details

Closed on
Jun 29, 2011
Sold by
Sowers Casey J
Bought by
Friend Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,135
Interest Rate
4.56%
Mortgage Type
Stand Alone First
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $93,000 None Available
Warranty Deed $70,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $93,939 New Conventional
Previous Owner $71,135 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2024 11/20/24 Sold $93,000 +3.3% $78 / Sq Ft
10/16/2024 10/16/24 Pending -- -- --
10/15/2024 10/15/24 For Sale $90,000 -- $75 / Sq Ft
Source: RMLS Alliance

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 $2,237 $30,740 $4,680 $26,060
2023 $2,095 $28,460 $4,330 $24,130
2022 $1,998 $26,540 $4,040 $22,500
2021 $1,908 $25,550 $3,890 $21,660
2020 $1,911 $25,550 $3,890 $21,660
2019 $1,860 $25,050 $3,810 $21,240
2018 $1,788 $24,080 $3,660 $20,420
2017 $1,778 $24,080 $3,660 $20,420
2016 $1,761 $24,360 $3,700 $20,660
2015 $1,626 $23,790 $3,880 $19,910
2014 $1,626 $23,790 $3,880 $19,910
2013 $1,626 $21,950 $3,580 $18,370
2012 $1,626 $22,270 $3,630 $18,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1032528

RMLS Alliance

APN: 12-520-005-00