NOT LISTED FOR SALE

1029 W Main St Madison, IN 47250

Estimated Value: $273,000 - $419,000

3 Beds
2.5 Baths
2,000 Sq Ft
$181/Sq Ft Est. Value

Last Sold July 11, 2024

Last sale price $379,900 $190 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,064/month

16 Days on Market

Highlights

  • River View
  • First Floor Utility Room
  • Thermal Windows
  • Covered Patio or Porch
  • Balcony
  • Eat-In Kitchen

About This Home

As of July 2024

New on market - 3 bedroom, 2.5 bath home in historic downtown Madison. The town that was just named “Best Small Town in the Midwest” by USA Today! This immaculate property offers all the conveniences and joys of urban living in our walk-able city. Enjoy the balcony view of the river, just off the master suite. Entertain in the bright and beautiful great room, which offers a large kitchen with island. Gorgeous hardwood floors, stunning bathrooms, closet space galore and a must see garage. Make this a special property.

Last Agent to Sell the Property

Scott Lynch

F.C. Tucker/Scott Lynch Group License #RB14019761 Listed on: 06/11/2024

F.C. Tucker/Scott Lynch Group

Last Buyer's Agent

Scott Lynch

F.C. Tucker/Scott Lynch Group License #RB14019761 Listed on: 06/11/2024

F.C. Tucker/Scott Lynch Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,646

Year Built

  • Built in 2020

Lot Details

  • 4,792 Sq Ft Lot
  • Landscaped
  • Property is zoned Historic District

Parking

  • 2 Car Garage
  • Basement Garage
  • Driveway

Property Views

  • River
  • City Lights

Home Design

  • Poured Concrete

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Family Room
  • First Floor Utility Room
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 390834334069001007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,646

Year Built

Built in 2020

Lot Details

0

Parking

2

Listing Details

  • Improvements: 159000
  • Annual Tax: 1646
  • Appointment: 24 Hour Notice
  • Construction: Existing
  • Foundation: Poured Concrete
  • Land Assessment: 5600
  • Legal Description: Part of EH Cross Add Tract C 31.53'x160'0.115 Acres 11-143-2.2
  • Open House Count: 1
  • Parcel Number: 390834334069001007
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 164600
  • Total Deduction Amnt: 94640
  • Total Finished Square Footage: 2000
  • Type: 1 Story
  • Year Built: 2020
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Finished
  • Above Grade Finished Sq Ft: 1200.00
  • Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposal, Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Bath Master, Ceiling Fan(s), Eat-In Kitchen, Family Room, Kitchen Island, Pantry, Walk-In Closet(s)
  • Lot Sq Ft: 4791.60
  • Room Count: 10
  • Sewer Type: Sewer
  • Total Sq Ft: 2000
  • Total Rooms: 7

Exterior Features

  • Exterior Features: Balcony, Covered Patio, Covered Porch, Landscaped, Paved Driveway, Porch, Public Sidewalk, Thermopane Windows

Garage/Parking

  • Garage Type: Basement
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Nat Gas
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Schools

  • School District: Madison Cons.

Lot Info

  • Acres: 0.1100
  • Lot Description: City Lights View, River View
  • Zoning: Residential, Historic District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2024
Closed on
Jul 11, 2024
Sold by
Schmidt Gerald L & Carolyn A Trust
Bought by
Fultz Douglas A
Seller's Agent
Scott Lynch
F.C. Tucker/Scott Lynch Group
Buyer's Agent
Scott Lynch
F.C. Tucker/Scott Lynch Group
List Price
$379,900
Sold Price
$379,900
Views
64
Current Estimated Value
$362,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,619
Avg. Annual Appreciation
-3.98%

Purchase Details

Listed on
Sep 14, 2023
Closed on
Dec 4, 2023
Sold by
Liter Gayle
Bought by
Schmidt Gerald L
Seller's Agent
Maleha Motter
F.C. Tucker/Scott Lynch Group
Buyer's Agent
Scott Lynch
F.C. Tucker/Scott Lynch Group
List Price
$349,900
Sold Price
$345,000
Premium/Discount to List
-$4,900
-1.4%
Views
129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.42%

Purchase Details

Listed on
May 20, 2020
Closed on
Oct 28, 2020
Sold by
Hammock
Bought by
Gray
Seller's Agent
Lisa Hammock
F.C. Tucker/Scott Lynch Group
Buyer's Agent
Carsha Strouse
F.C. Tucker/Scott Lynch Group
List Price
$275,000
Sold Price
$267,500
Premium/Discount to List
-$7,500
-2.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%

Purchase Details

Closed on
Nov 20, 2018
Bought by
Hammock Anthony and Johnson Bernard
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Fultz Douglas A $379,900 Madison Land Title
Schmidt Gerald L $345,000 Madison Land Title
Gray $267,500 --
Hammock Anthony $36,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2024 07/11/24 Sold $379,900 0.0% $190 / Sq Ft
06/27/2024 06/27/24 Pending -- -- --
06/11/2024 06/11/24 For Sale $379,900 +10.1% $190 / Sq Ft
12/04/2023 12/04/23 Sold $345,000 -1.4% $173 / Sq Ft
09/28/2023 09/28/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $349,900 +30.8% $175 / Sq Ft
10/28/2020 10/28/20 Sold $267,500 -2.7% $133 / Sq Ft
09/12/2020 09/12/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $275,000 -- $136 / 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 $1,613 $161,300 $5,600 $155,700
2023 $1,646 $164,600 $5,600 $159,000
2022 $1,662 $166,200 $5,600 $160,600
2021 $2,856 $142,800 $5,600 $137,200
2020 $426 $14,200 $14,200 $0
2019 $1,380 $47,100 $14,200 $32,900
2018 $1,325 $47,100 $14,200 $32,900
2017 $1,269 $46,000 $14,200 $31,800
2016 $1,160 $43,900 $14,200 $29,700
2014 $1,171 $45,000 $14,200 $30,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202408578

Southern Indiana REALTORS® Association

APN: 39-08-34-334-069-001-007