NOT LISTED FOR SALE

113 Madison St Lockport, IL 60441

Estimated Value: $271,000 - $331,000

3 Beds
1 Bath
1,560 Sq Ft
$194/Sq Ft Est. Value

Last Sold March 18, 2022

Last sale price $215,000 $138 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,233/month

51 Days on Market

Highlights

  • Home Office
  • Formal Dining Room
  • Porch
  • Milne Grove Elementary School Rated A-
  • 2 Car Detached Garage
  • Bungalow

About This Home

As of March 2022

LARGE 3 BEDROOM 1 BATH HOME ON VERY LARGE LOT IN LOCKPORT'S KELVIN-GROVE SCHOOL DISTRICT. HUGE KITCHEN WITH WOOD LAMINATE FLOORS, PLENTY OF TABLE SPACE AND CLOSET PANTRY. FULL BATH HAS DOUBLE SINKS AND PLENTY OF ROOM. TWO OF THE BEDROOMS ARE THE SAME SIZE, 10X15 AND EITHER COULD BE USED AS THE MAIN BEDROOM. ONE HAS 2 CLOSETS AND 1 HAS 1 LARGE CLOSET. LARGE LIVING ROOM AND SEPARATE FORMAL DINING ROOM. EXTRA ROOM WAS USED FOR AN OFFICE AND LEADS TO THE BACK UTILITY AREA, BASEMENT AND BACK DOOR. BASEMENT IS UNFINISHED BUT IS GOOD FOR STORAGE. ROOF AND HOT WATER HEATER ARE APPROXIMATELY 2 YEARS OLD. CENTRAL AIR AND FURNACE ARE BELIEVED TO BE APPROXIMATELY 12 YEARS OLD. ELECTRIC HAS BEEN UPGRADED TO 100 AMP CIRCUIT BREAKERS. HUGE LOT WITH DETACHED 2 CAR GARAGE AND EXTRA SHED. PROPERTY HAS BEEN A RENTAL FOR THE LAST 10 YEARS.

Last Agent to Sell the Property

Susan Dufault

Coldwell Banker Real Estate Group License #475122166 Listed on: 12/09/2021

Coldwell Banker Real Estate Group

Last Buyer's Agent

Hannah Prindle

Baird & Warner License #475193206

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,718

Year Built

  • Built in 1899 | Remodeled in 2011

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 80x190

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Parking Included in Price

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Home Office
  • Laminate Flooring

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Dual Sinks

Laundry

  • Laundry on main level
  • Sink Near Laundry

Unfinished Basement

  • Partial Basement
  • Basement Cellar

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Shed
  • Porch

Schools

  • Lockport Township High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,718

Year Built

Built in 1899 | Remodeled in 2011

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1899
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2011
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2011

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: Partial
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Wood Laminate Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • LivingArea: 1560
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: Office
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished,Cellar
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Porch, Storms/Screens
  • List Price: 235000
  • OtherStructures: Shed(s)
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Gravel
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit, Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Lockport Township High School
  • Middle/Junior School District: 91

Lot Info

  • Lot Size Acres: 0.37
  • Lot Dimensions: 80X190
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 6717.64
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2021
Sold by
Robinson Vanita
Bought by
Mota Pedro
Current Estimated Value
$302,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,975
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 19, 2015
Sold by
Lear John O and Lear Cheryl O
Bought by
North Lockport Llc

Purchase Details

Closed on
Oct 24, 2011
Sold by
Bankunited
Bought by
Olear John and Olear Cheryl

Purchase Details

Closed on
Apr 1, 2011
Sold by
Buxbaum Brian and Case #10 Ch 02514
Bought by
Bankunited

Purchase Details

Closed on
Dec 1, 2010
Sold by
Buxbaum Brian
Bought by
Bankunited

Purchase Details

Closed on
Jan 13, 2004
Sold by
Buxbaum Brian K and Buxbaum Lesa D
Bought by
Buxbaum Brian K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
5%
Mortgage Type
New Conventional
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
Mota Pedro $167,000 Citywide Title Corporation
North Lockport Llc -- None Available
Olear John $47,100 Fidelity Natl Title Ins Co
Bankunited -- None Available
Bankunited $220,141 None Available
Buxbaum Brian K -- Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mota Pedro $163,975
Previous Owner Buxbaum Brian K $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2022 03/18/22 Sold $215,000 -8.5% $138 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
12/10/2021 12/10/21 For Sale $235,000 -- $151 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $7,591 $96,411 $24,553 $71,858
2023 $7,591 $86,552 $22,042 $64,510
2022 $7,228 $78,517 $20,562 $57,955
2021 $6,877 $73,787 $19,323 $54,464
2020 $6,718 $71,361 $18,688 $52,673
2019 $6,406 $67,641 $17,714 $49,927
2018 $6,067 $62,532 $16,376 $46,156
2017 $5,641 $56,760 $14,864 $41,896
2016 $5,337 $52,359 $13,712 $38,647
2015 $4,413 $41,855 $12,193 $29,662
2014 $4,413 $40,245 $11,724 $28,521
2013 $4,413 $41,066 $11,963 $29,103
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11284687

Midwest Real Estate Data (MRED)

APN: 11-04-23-221-007