NOT LISTED FOR SALE

116 N Madison St Lebanon, IL 62254

Estimated Value: $79,000 - $117,000

1 Bed
1 Bath
964 Sq Ft
$96/Sq Ft Est. Value

Last Sold May 15, 2017

Last sale price $50,000 $52 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $571/month

13 Days on Market

Highlights

  • Traditional Architecture
  • Covered Patio or Porch
  • Eat-In Kitchen
  • Corner Lot
  • Formal Dining Room
  • Partially Carpeted

About This Home

As of May 2017

Charming 1 bedroom bungalow style home on a spacious corner lot in the heart of Lebanon, IL is full of potential. This home offers laminate flooring in the updated eat-in kitchen, a living room and dining room, and full bath. The full, though unfinished basement offers a washer / dryer hook-up and provides an opportunity to create additional living space with little effort. Some recent updates include a brand new roof in February of 2017 as well as a fresh coat of paint in the living room & dining room. This home is practically move in ready and is the ideal property for a starter home or for an investor to add to their inventory of rental properties.

Last Agent to Sell the Property

Shannon Middleton

RE/MAX All Star Advantage License #475154226 Listed on: 04/28/2017

RE/MAX All Star Advantage

Last Buyer's Agent

Angela Judd-Uram

Coldwell Banker Brown Realtors License #475.154689

Coldwell Banker Brown Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $862

Year Built

  • 1926

Lot Details

  • 3,964 Sq Ft Lot
  • Lot Dimensions are 48 x 82
  • Partially Fenced Property
  • Corner Lot

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Poured Concrete

Interior Spaces

  • 964 Sq Ft Home
  • Ceiling height between 8 to 10 feet
  • Window Treatments
  • Formal Dining Room
  • Partially Carpeted
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Possible Extra Bedroom
  • Primary Bathroom is a Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$862

Year Built

1926

Lot Details

0

Listing Details

  • Special Description: Owner Occupied
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1926

Interior Features

  • Appliances: Dishwasher, Disposal, Range/Oven-Gas
  • Basement: Full, Poured Concrete
  • Bedroom Types: Possible Extra Bdr
  • Dining Room: Separate Dining
  • Interior Amenities: 9' Ceilings, Some Carpeting, Some Window Treatmnt
  • Kitchen: Eat-In Kitchen
  • Main Level Bedrooms: 1
  • Main Full Bathrooms: 1
  • Master Bed.: Full Bath
  • Misc Features: Covered Porch, Patio
  • Total Living Area: 964.00

Exterior Features

  • Exterior Features: Vinyl Siding
  • Architecture: Traditional

Garage/Parking

  • Parking: Off Street

Utilities

  • Cooling: Central-Electric
  • Heating: Forced Air
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas

Schools

  • School District: Lebanon CUSD 9
  • Elementary School: LEBANON DIST 9
  • Middle School: LEBANON DIST 9
  • High School: Lebanon

Lot Info

  • Lot Description: Corner Lot, Partial Fencing
  • Lot Dimensions: 48 X 82
  • Lot Sq Ft: 3964

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2017
Closed on
May 15, 2017
Sold by
Seely John and Seely Jennifer
Bought by
Harms Terri Jean and Harms John William
Seller's Agent
Shannon Middleton
RE/MAX All Star Advantage
Buyer's Agent
Angela Judd-Uram
Coldwell Banker Brown Realtors
List Price
$50,000
Sold Price
$50,000
Current Estimated Value
$92,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,340
Avg. Annual Appreciation
7.64%

Purchase Details

Closed on
Sep 18, 2012
Sold by
Dono Jks Inc
Bought by
Seely John

Purchase Details

Closed on
Sep 23, 2011
Sold by
Blue Spruce Entities Llc
Bought by
Dono Jks Inc

Purchase Details

Closed on
Sep 22, 2011
Sold by
Nationstar Mortgage Llc
Bought by
Blue Spruce Entities Llc

Purchase Details

Closed on
May 25, 2011
Sold by
Morgan Don R and Morgan Barbara J
Bought by
Nationstar Mortgage Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Harms Terri Jean $50,000 Fatic
Seely John $22,000 None Available
Dono Jks Inc $8,500 None Available
Blue Spruce Entities Llc $6,000 None Available
Nationstar Mortgage Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morgan Don R $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2017 05/15/17 Sold $50,000 0.0% $52 / Sq Ft
04/28/2017 04/28/17 For Sale $50,000 -- $52 / Sq Ft
Source: MARIS MLS

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 $862 $22,217 $1,783 $20,434
2023 $1,316 $21,112 $1,694 $19,418
2022 $1,214 $19,679 $1,579 $18,100
2021 $1,388 $20,621 $1,493 $19,128
2020 $1,318 $18,730 $1,356 $17,374
2019 $1,247 $18,730 $1,356 $17,374
2018 $1,186 $18,174 $1,316 $16,858
2017 $771 $15,443 $1,366 $14,077
2016 $1,523 $15,320 $1,355 $13,965
2014 $1,377 $14,799 $1,309 $13,490
2013 $1,450 $21,915 $2,038 $19,877
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS17035305

MARIS MLS

APN: 05-19.0-400-001