NOT LISTED FOR SALE

109 NE Madison Ave Elkhart, IA 50073

Estimated Value: $360,000 - $379,198

4 Beds
3 Baths
1,540 Sq Ft
$240/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $315,000 $205 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,450/month

82 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • No HOA
  • North Polk Central Elementary School Rated A-
  • Corner Lot
  • Eat-In Kitchen

About This Home

As of November 2021

Here is an opportunity to own a beautiful Kimberley resale in one of the newest developments in Elkhart. This home is nestled on an oversized corner lot with a full, privately fenced lot. You will find a spacious open floor plan with over 2200 finished square feet. This home features four bedrooms and three bathrooms. From the garage, you will find a large laundry and mudroom, entering into the living area that includes a large kitchen island and dining for a large family. The master suite offers an oversized room with a walk in closet, as well as a dual vanity. The basement includes a living room, bedroom and bath with additional space for a fifth bedroom. This neighborhood is within walking distance to the park and ball court, and offers the quiet, small town feel you have been waiting for. Schedule your showing today!

Last Agent to Sell the Property

Kory Swan

Weichert, Realtors - 515 Agency Listed on: 08/19/2021

Weichert, Realtors - 515 Agency

Last Buyer's Agent

Katie Riedeman

Century 21 Signature Real Esta

Century 21 Signature Real Esta

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,945

Year Built

  • Built in 2019

Lot Details

  • 10,533 Sq Ft Lot
  • Property is Fully Fenced
  • Vinyl Fence
  • Corner Lot

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 1,540 Sq Ft Home
  • Electric Fireplace
  • Family Room Downstairs

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Driveway

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Built by Kimberley

Listing and Financial Details

  • Assessor Parcel Number 21100176200056

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,945

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Homebuilder: Kimberley
  • Lp Amt Sq Ft: 204.55
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 204.55
  • Termite: Follow Showing Instructions
  • Year Built: 2019
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Electric
  • Fireplaces: 1
  • Interior Amenities: 1st Flr Laundry
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • First Floor Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Basement Description: Partial Finished
  • Sq Ft Bsmt: 1540
  • Sq Ft Fin Bsmt: 790
  • Dining Room: Eat In Kitchen
  • Family Room: 1st Floor, Lower Level
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1540
  • Total Sq Ft: 1540

Exterior Features

  • Exterior Features: Deck, Fully Fenced Yard
  • Fence Type: Vinyl
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage: 3 Attached
  • Garage Parking Stalls: 3

Utilities

  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: North Polk

Lot Info

  • Acres: 0.2420
  • Lot S F: 10533
  • Lot Shape: Corner Lot
  • Assessor Parcel Number: 21100176200056
  • Zoning: Res

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 4944.68
  • Net Taxes: 4752.83

MLS Schools

  • School District: North Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2022
Sold by
Tracy Shaw
Bought by
Shaw Brandon
Current Estimated Value
$370,050

Purchase Details

Listed on
Aug 19, 2021
Closed on
Nov 29, 2021
Sold by
Frerichs John and Frerichs Ashley
Bought by
Shaw Tracy and Shaw Brandon
Seller's Agent
Kory Swan
Weichert, Realtors - 515 Agency
Buyer's Agent
Katie Riedeman
Century 21 Signature Real Esta
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.69%
Original Mortgage
$252,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 26, 2019
Closed on
Feb 28, 2020
Sold by
Built Right Homes Llc
Bought by
Frerichs John and Frerichs Ashley
Seller's Agent
Justin Kimberley
Keller Williams Ankeny Metro
Buyer's Agent
Justin Kimberley
Keller Williams Ankeny Metro
List Price
$289,900
Sold Price
$274,900
Premium/Discount to List
-$15,000
-5.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.09%
Original Mortgage
$269,920
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 4, 2019
Sold by
Kimberley Development Corp
Bought by
Built Right Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
4.4%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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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
Shaw Brandon -- Mccarty Emily E
Shaw Tracy $315,000 None Available
Frerichs John $275,000 None Available
Built Right Homes Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shaw Tracy $252,000
Previous Owner Frerichs John $269,920
Previous Owner Built Right Homes Llc $2,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $315,000 0.0% $205 / Sq Ft
11/09/2021 11/09/21 Pending -- -- --
09/20/2021 09/20/21 Price Changed $315,000 -1.6% $205 / Sq Ft
09/20/2021 09/20/21 Price Changed $320,000 -1.5% $208 / Sq Ft
08/19/2021 08/19/21 For Sale $325,000 +18.2% $211 / Sq Ft
03/03/2020 03/03/20 Sold $274,900 -5.2% $180 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
07/26/2019 07/26/19 For Sale $289,900 -- $190 / Sq Ft
Source: Des Moines Area Association of REALTORS®

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 $5,200 $351,500 $68,300 $283,200
2023 $4,940 $351,500 $68,300 $283,200
2022 $4,640 $296,600 $59,800 $236,800
2021 $12 $296,600 $59,800 $236,800
2020 $12 $283,900 $57,800 $226,100
2019 $10 $510 $510 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 635952

Des Moines Area Association of REALTORS®

APN: 211/00176-200-056