$149,900
SOLD JUL 31, 2024

1041 W Main St Madison, IN 47250

2 Beds
1 Bath
630 Sq Ft
2,309 Sq Ft Lot

Recently Sold

$238 Per Sq Ft

15 Days on Market

Highlights

  • Deck
  • Eat-In Kitchen
  • Baseboard Heating
  • First Floor Utility Room
  • 1-Story Property
  • Wood Siding

About This Home

As of July 2024

Cozy Cottage on Main. Current air B&B fully furnished and tasefully decorated (all included). Average annual income $15-18,000. Don't let this slip by. Great weekend place or seocnd home in Historic Madison, IN. or simply use for sourcxe of income. Close to Heritage Trail and shopping. Seller welcomes inspections but selling as is.

Last Agent to Sell the Property

David Jenkins

License #RB14025549 Listed on: 05/29/2024

Last Buyer's Agent

David Jenkins

License #RB14025549 Listed on: 05/29/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $744

Year Built

  • Built in 1940

Home Design

  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 630 Sq Ft Home
  • 1-Story Property
  • First Floor Utility Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • <<microwave>>
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Deck
  • 2,309 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 390834334066000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$744

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Improvements: 38200
  • Annual Tax: 744
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Slab
  • Land Assessment: 2400
  • Legal Description: 011-04405-00 3 FT LOT 6 CROSS PLAT LOT 5&6 CROSS PLAT. 1041 W MAIN ST.
  • Parcel Number: 390834334066000007
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 40600
  • Total Deduction Amnt: 3000
  • Total Finished Square Footage: 630
  • Type: 1 Story
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Above Grade Finished Sq Ft: 630.00
  • Appliances: Clothes Dryer, Clothes Washer, Disposal, Microwave, Range / Oven, Refrigerator
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Eat-In Kitchen, Pantry, Utility/Mud Room
  • Lot Sq Ft: 2308.68
  • Room Count: 9
  • Sewer Type: Sewer
  • Total Sq Ft: 630
  • Total Rooms: 8

Exterior Features

  • Exterior Features: Deck, Public Sidewalk, Wood

Utilities

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

Lot Info

  • Acres: 0.0530
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2024
Closed on
Jul 31, 2024
Sold by
Hoffman Kathe J
Bought by
Stephens Suzanna M
Seller's Agent
David Jenkins
Buyer's Agent
David Jenkins
List Price
$149,900
Sold Price
$149,900
Views
97
Current Estimated Value
$148,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,471
Avg. Annual Appreciation
1.05%

Purchase Details

Closed on
May 8, 2018
Bought by
Hoffman Kathe J

Purchase Details

Listed on
May 13, 2015
Closed on
Nov 4, 2015
Sold by
Jump H
Bought by
Taylor Nell
Seller's Agent
John Dietrich
F.C. Tucker/Scott Lynch Group
Buyer's Agent
John Dietrich
F.C. Tucker/Scott Lynch Group
List Price
$49,900
Sold Price
$42,500
Premium/Discount to List
-$7,400
-14.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.99%

Purchase Details

Closed on
Jan 29, 2010
Sold by
Helen Kreeger
Bought by
Ronnie and Joyce
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
Deed $149,900 Madison Land Title
Grant Deed $60,000 --
Deed $47,500 Madison Land Title
Deed $27,500 --
Deed $27,500 Jefferson Co Land Title Corp
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $149,900 0.0% $238 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
05/29/2024 05/29/24 For Sale $149,900 +252.7% $238 / Sq Ft
11/04/2015 11/04/15 Sold $42,500 -14.8% $60 / Sq Ft
07/27/2015 07/27/15 Pending -- -- --
05/13/2015 05/13/15 For Sale $49,900 -- $70 / 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 $812 $40,600 $2,400 $38,200
2023 $812 $40,600 $2,400 $38,200
2022 $804 $40,200 $2,400 $37,800
2021 $744 $37,200 $2,400 $34,800
2020 $736 $36,800 $2,400 $34,400
2019 $736 $36,800 $2,400 $34,400
2018 $736 $36,800 $2,400 $34,400
2017 $816 $40,800 $2,400 $38,400
2016 $900 $45,000 $2,400 $42,600
2014 $796 $39,800 $2,500 $37,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202408249

Southern Indiana REALTORS® Association

APN: 39-08-34-334-066-000-007