116 Equestrian Ln Madison, AL 35758
Estimated payment $2,851/month
Highlights
- Very Popular Property
- Lake Front
- Main Floor Primary Bedroom
- Columbia Elementary School Rated A
- Deck
- 1 Fireplace
About This Home
*Open House Sunday 9/14 2-4pm* Updated 5 bed, 4 bath full brick home on a pond in Madison City’s desirable Lexington neighborhood. Family-friendly and close to top schools, shopping, dining, Redstone Arsenal, and more. Features new hardwood flooring, crown molding, fresh paint, and updated fixtures. Grand 2-story entry, spacious living room with cozy gas fireplace. Kitchen updated with quartz counters, eat-in area, and newer appliances. Formal dining room and office. Isolated main-level master suite plus 4 large bedrooms upstairs. Backyard offers privacy fencing, deck, peaceful water views, and space for entertaining or relaxing outdoors. No HOA - membership to community pool available.
Open House Schedule
-
Sunday, September 14, 20252:00 to 4:00 pm9/14/2025 2:00:00 PM +00:009/14/2025 4:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,202
Year Built
- Built in 2001
Lot Details
- 0.45 Acre Lot
- Lake Front
Parking
- 2 Car Garage
Home Design
- Brick Exterior Construction
Interior Spaces
- 3,070 Sq Ft Home
- Property has 2 Levels
- Crown Molding
- 1 Fireplace
- Living Room
- Breakfast Room
- Dining Room
- Home Office
- Crawl Space
- Laundry Room
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
Outdoor Features
- Deck
- Patio
Schools
- Liberty Elementary School
- Jamesclemens High School
Utilities
- Two cooling system units
- Multiple Heating Units
Community Details
- No Home Owners Association
- Lexington Subdivision
Listing and Financial Details
- Tax Lot 24
- Assessor Parcel Number 1509311002056000
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,202 | $46,620 | $7,000 | $39,620 |
| 2023 | $3,202 | $45,020 | $7,000 | $38,020 |
| 2022 | $5,485 | $78,680 | $10,000 | $68,680 |
| 2021 | $4,926 | $70,640 | $6,260 | $64,380 |
| 2020 | $4,676 | $67,040 | $6,260 | $60,780 |
| 2019 | $3,723 | $64,460 | $6,260 | $58,200 |
| 2018 | $3,526 | $61,040 | $0 | $0 |
| 2017 | $3,498 | $60,540 | $0 | $0 |
| 2016 | $3,498 | $60,540 | $0 | $0 |
| 2015 | $1,703 | $30,280 | $0 | $0 |
| 2014 | -- | $29,900 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/10/2025 09/10/25 | For Sale | $485,000 | +9.0% | $158 / Sq Ft |
| 06/03/2022 06/03/22 | Sold | $445,000 | -4.3% | $145 / Sq Ft |
| 05/02/2022 05/02/22 | Pending | -- | -- | -- |
| 04/08/2022 04/08/22 | Price Changed | $465,000 | -3.1% | $151 / Sq Ft |
| 03/21/2022 03/21/22 | For Sale | $480,000 | 0.0% | $156 / Sq Ft |
| 03/19/2020 03/19/20 | Off Market | $1,895 | -- | -- |
| 12/20/2019 12/20/19 | Rented | $1,895 | 0.0% | -- |
| 12/17/2019 12/17/19 | Price Changed | $1,895 | +5.3% | $1 / Sq Ft |
| 12/17/2019 12/17/19 | For Rent | $1,800 | 0.0% | -- |
| 05/02/2019 05/02/19 | Off Market | $1,800 | -- | -- |
| 02/01/2019 02/01/19 | Rented | $1,800 | 0.0% | -- |
| 01/03/2019 01/03/19 | Price Changed | $1,800 | -10.0% | $1 / Sq Ft |
| 12/30/2018 12/30/18 | Price Changed | $2,000 | +11.1% | $1 / Sq Ft |
| 12/11/2018 12/11/18 | Price Changed | $1,800 | -10.0% | $1 / Sq Ft |
| 11/20/2018 11/20/18 | For Rent | $2,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $445,000 | Jaqubino Law Llc | |
| Quit Claim Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $422,750 | New Conventional |
Source: ValleyMLS.com
MLS Number: 21898794
APN: 15-09-31-1-002-056.000
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Copyright 2025 Valley MLS
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