$149,900

102 Channel Ln Madison, MS 39110

Estimated payment $915/month

Total Views 4,934
3 Beds
2 Baths
1,747 Sq Ft
$86 Price per Sq Ft

Highlights

  • No HOA
  • 1-Story Property
  • Central Heating and Cooling System
  • Madison Crossing Elementary School Rated A

About This Home

Investment Opportunity in Madison! This property offers strong potential for renovation or rental portfolio expansion. Call your Realtor today! Property is sold as-is with all faults. Seller has never been an owner-occupant; therefore, Seller's information is limited. Property is being sold in Receivership and requires approval from the United States District Court for the Southern District of New York prior to closing. Seller will not make or pay for any repairs required for financing. Utilities are inactive and the home is winterized.
Seller Addendum (see documents) must be executed and submitted with all offers along with all required disclosures and proof of funds.

Listing Agent

Charles Lucroy

Lucroy Residential LLC License #24520 Listed on: 12/01/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,584

Year Built

  • Built in 2001

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Siding

Interior Spaces

  • 1,747 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Madison Crossing Elementary School
  • Germantown Middle School
  • Germantown High School

Additional Features

  • 10,019 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Twin Harbor Subdivision

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 072a-12b-011-00-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,584

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Unit Levels: One
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Structure Type: House
  • Year Built: 2001
  • Lot Size Acres: 0.23
  • Subdivision Name: Twin Harbor
  • New Construction: No
  • Remarks Miscellaneous:Agent Remarks: PLEASE READ COMPLETELY. Property is sold as-is with all faults. Seller has never been an owner-occupant; information is limited. The sale is subject to Receivership and requires UNITED STATES DISTRICT COURT - SOUTHERN DISTRICT OF NEW YORK approval of the contract prior to closing. Seller will not assume responsibility for any repairs or conditions required for loan approval. Seller Addendum must be executed and included with all contract submissions, along with all disclosures and proof of funds. Please review all attached documents prior to submitting an offer. Utilities are currently inactive, and the property is winterized. Closing: - Timios Title is the seller-selected Closing Agent/Title company of record. It is highly recommended that they be utilized by the Buyer, as title insurance has already been pre-approved for this Receivership. Should a buyer wish to use their own title company, a signed pre-approval letter must be included along with the initial contract package submission stating that the receivership docs have been reviewed, and the title company agrees to write this receivership policy.
  • General Property Information:List PriceSqFt: 85.8
  • General Property Information:New Construction: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Appliances:None12: Yes

Exterior Features

  • Disclosures: Foreclosure
  • Exterior Features: None
  • Foundation Details: Slab
  • Roof: Asphalt Shingle
  • Pool Private: No
  • Construction Type: Siding, Other
  • Exterior Features:None11: Yes
  • General Property Information:Accessibility Features: No

Garage/Parking

  • Parking Features: Driveway
  • Attached Garage: No
  • Parking Features:Driveway: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Central: Yes

Association/Amenities

  • Tax and Financial Information:Association: No

Schools

  • Elementary School: Madison Crossing
  • High School: Germantown
  • Middle Or Junior School: Germantown Middle
  • Junior High Dist: Madison CO Dist

Lot Info

  • Parcel #: 072a-12b-011-00-00
  • Lot Size Sq Ft: 10018.8

Tax Info

  • Tax Annual Amount: 1584.0
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

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
2025 $1,584 $15,425 $0 $0
2024 $1,584 $15,425 $0 $0
2023 $1,584 $15,425 $0 $0
2022 $1,584 $15,425 $0 $0
2021 $1,483 $14,732 $0 $0
2020 $0 $13,926 $0 $0
2019 $1,291 $13,926 $0 $0
2018 $1,291 $13,926 $0 $0
2017 $1,273 $13,737 $0 $0
2016 $1,273 $13,737 $0 $0
2015 $1,273 $13,737 $0 $0
2014 $1,440 $15,539 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2025 12/01/25 For Sale $149,900 +74.0% $86 / Sq Ft
04/30/2013 04/30/13 Sold -- -- -- View Prior Sale
03/13/2013 03/13/13 Pending -- -- --
12/21/2012 12/21/12 For Sale $86,130 -- $49 / Sq Ft
Source: MLS United

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Rosenberg Lpa Llc
Warranty Deed -- Etitle Agency Inc
Quit Claim Deed -- Title & Escrow Services Inc
Quit Claim Deed -- None Available
Trustee Deed $42,452 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,900,000 New Conventional
Source: Public Records

Source: MLS United

MLS Number: 4132814

MLS United

APN: 072A-12B-011-00-00

Mississippi Madison County Madison 39110

102 Channel Ln, Madison, MS

For Sale

Detached

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MLS United Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.

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Charles Lucroy
Listing Agent
Charles Lucroy
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Lucroy Residential LLC
(601) 841-4373