NOT LISTED FOR SALE

107 E 3rd St Madison, IN 47250

Estimated Value: $348,000 - $460,079

4 Beds
2 Baths
2,576 Sq Ft
$156/Sq Ft Est. Value

Last Sold June 15, 2022

Last sale price $370,000 $144 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,315/month

8 Days on Market

Highlights

  • Deck
  • Screened Porch
  • Fenced Yard
  • 6 Fireplaces
  • Formal Dining Room
  • 2-minute walk to Madison Park Department

About This Home

As of June 2022

Located in central historic Madison, this property boasts close proximity to many great things of this community. At this location, you are a moment’s walk to everything from boutiques, galleries, eateries and entertainment venues! This home has a possible 4 bedrooms and 2 full baths, one upstairs one downstairs. Built in 1850, it has over 2500 square feet of space in a deep, stacked-shotgun layout. There is a double parlor, and also a front and rear staircase. Historic trim, flooring, and fixtures do remain! There currently are a library, large laundry space, and an upper level den that could be redesignated as office, play, or utility areas. The home has a charming fenced in porch at the rear of its first floor. The sizable yard is among its most unique features within downtown Madison, with great landscaping and separation of areas. There is historic wrought iron fencing and a shed that is charming enough to adapt to single car garage use! There are upper and lower side porches which are capable spaces for enjoying this calm setting. This property is held in an estate, and is being sold as-is. The executor will begin review of any offers on March 16th at the earliest.

Last Agent to Sell the Property

Jessica Butler

License #RB18001702 Listed on: 03/08/2022

Last Buyer's Agent

Jim Pruett

eXp Realty, LLC License #RB14034779

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,850

Year Built

  • Built in 1850

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 42x168
  • Fenced Yard

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Stone Foundation

Interior Spaces

  • 2,576 Sq Ft Home
  • 2-Story Property
  • Built-in Bookshelves
  • 6 Fireplaces
  • Gas Fireplace
  • Formal Dining Room
  • Screened Porch
  • Basement
  • Basement Cellar

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Water Softener

Listing and Financial Details

  • Assessor Parcel Number 391302211031000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,850

Year Built

Built in 1850

Lot Details

0

Parking

1

Listing Details

  • Improvements: 174400
  • Additional Parking: Off Street
  • Annual Tax: 1850
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Rock
  • Land Assessment: 6600
  • Legal Description: 011-03687-00 421/2 BY 168 FT LOT 25 OT 107 E THIRD STREET
  • Lot Dimensions: 42x168
  • Numof Fireplaces: 6
  • Out Buildings: Shed
  • Parcel Number: 391302211031000007
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total: 181000
  • Total Deduction Amnt: 91900
  • Total Finished Square Footage: 2576
  • Type: 2 Story
  • Year Built: 1850
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 2576.00
  • Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Microwave, Range / Oven, Refrigerator, Water Softener
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Fireplace: Gas Burning
  • Interior Amenities: Built-In Bookcase, Formal Dining Rm
  • Lot Sq Ft: 6969.60
  • Room Count: 11
  • Sewer Type: Sanitary Onsite
  • Total Sq Ft: 2576
  • Total Rooms: 11

Exterior Features

  • Exterior Features: Covered Porch, Deck, Fenced Yard, Paved Driveway, Porch, Public Sidewalk, Screened Porch, Solid Surface Drive
  • Road Frontage: 42

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Nat Gas
  • Heat Type: Heat Pump
  • Water Type: Public Available

Schools

  • School District: Madison Cons.

Lot Info

  • Acres: 0.1600
  • Zoning: Residential

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2022 06/15/22 Sold $370,000 +2.8% $144 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $359,900 -- $140 / 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 $2,187 $218,700 $6,600 $212,100
2023 $2,101 $205,300 $6,600 $198,700
2022 $1,942 $189,800 $6,600 $183,200
2021 $1,850 $181,000 $6,600 $174,400
2020 $1,796 $175,600 $6,600 $169,000
2019 $1,795 $175,600 $6,600 $169,000
2018 $1,792 $175,600 $6,600 $169,000
2017 $1,771 $173,800 $6,600 $167,200
2016 $1,769 $173,800 $6,600 $167,200
2014 $1,370 $136,900 $5,300 $131,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202207340

Southern Indiana REALTORS® Association

APN: 39-13-02-211-031-000-007