NOT LISTED FOR SALE

118 Cherry Trace Madison, IN 47250

Estimated Value: $348,000 - $422,000

3 Beds
2.5 Baths
2,352 Sq Ft
$159/Sq Ft Est. Value

Last Sold July 28, 2021

Last sale price $308,000 $131 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,203/month

5 Days on Market

Highlights

  • Mature Trees
  • Thermal Windows
  • Eat-In Kitchen
  • Traditional Architecture
  • 2 Car Attached Garage
  • Tray Ceiling

About This Home

As of July 2021

WELCOME HOME TO 118 CHERRY TRACE. THIS 2 STORY, AMERICAN TRADITIONAL HOME ON MADISON'S HILLTOP FEATURES 3 BR, 2.5 BA W/LARGE 2-CAR GARAGE. THIS HOME IS ON BEAUTIFUL LOT W/MATURE TREES, FULLY FENCED W/WOOD PRIVACY FENCE & IS LOCATED ON A CUL-DE-SAC. A QUAINT COVERED PORCH INVITES YOU INTO THIS HOME WHERE BEAUTIFUL HARDWOOD FLOORS LEAD YOU TO A LARGE FAMILY RM W/FIREPLACE. HEAD OUT TO THE BACK DECK & ENJOY A PEACEFUL EVENING ALONE OR W/FRIENDS & FAMILY. A LARGE KITCHEN W/BREAKFAST NOOK CONNECTS TO THE LARGE BACK DECK AS WELL AS A FORMAL DINING RM. THE MSTR STE INCLUDES A LARGE WALK-IN CLOSET & LARGE BA W/GARDEN TUB & SEPARATE SHOWER. THIS IS A WELL-MAINTAINED FAMILY FRIENDLY NEIGHBORHOOD. CHECK OUT WHAT THIS HOME HAS TO OFFER!

Last Agent to Sell the Property

Sunshine Hartwell

Dropped Members License #RB14048674 Listed on: 07/02/2021

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,232

Year Built

  • Built in 1990

Lot Details

  • 0.38 Acre Lot
  • Privacy Fence
  • Back Yard Fenced
  • Mature Trees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • Thermal Windows
  • Window Screens
  • Family Room with Fireplace
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Programmable Thermostat
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 390827441008000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,232

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1990
  • Building Area Total: 2352
  • Garage Y N: Yes
  • Lot Size Acres: 0.379
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Microwave, Electric Oven, Refrigerator
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Tray Ceiling(s), Screens Complete, Windows Thermal
  • Other Equipment: Smoke Detector, Programmable Thermostat
  • Areas Interior: Living Room Formal,Laundry Room Main Level
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 2352
  • Main Level Sq Ft: 1392
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Shower Stall Full,Sinks Double,Tub Garden
  • Kitchen Features: Kitchen Eat In
  • Upper Level Sq Ft: 960

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt, Fence Full Rear, Fence Privacy
  • Foundation Details: Crawl Space
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Electric
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Guest Parking Premises,Side Load Garage

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Geothermal
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: High Speed Internet Avail
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 390827441008000007
  • Acres: 1/4-1/2 Acre
  • Lot Information: Tree Mature
  • Lot Number: 9
  • Lot Size: 16,509

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2232
  • Semi Annual Property Tax Amt: 1116
  • Tax Exemption: HomesteadTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Madison Consolidated
  • Schools: Madison Consolidated High,Madison Consolidated Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2021
Closed on
Jul 27, 2021
Sold by
Fife Stepfanie O
Bought by
Conway Madeline M
Seller's Agent
Sunshine Hartwell
Dropped Members
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$320,000
Sold Price
$308,000
Premium/Discount to List
-$12,000
-3.75%
Current Estimated Value
$375,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,020
Avg. Annual Appreciation
4.80%

Purchase Details

Listed on
May 13, 2015
Closed on
Oct 1, 2015
Sold by
Bronson Gloriann
Bought by
Markland Terry J
Seller's Agent
Patrick Lynch
F.C. Tucker/Scott Lynch Group
Buyer's Agent
Patrick Lynch
F.C. Tucker/Scott Lynch Group
List Price
$224,900
Sold Price
$205,000
Premium/Discount to List
-$19,900
-8.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Conway Madeline M $308,000 Jefferson County Land Title
Markland Terry J $205,000 Madison Land Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2021 07/28/21 Sold $308,000 -3.8% $131 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $320,000 +16.4% $136 / Sq Ft
12/09/2020 12/09/20 Sold $275,000 -1.8% $117 / Sq Ft View Prior Sale
10/28/2020 10/28/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $279,900 +9.8% $119 / Sq Ft
05/15/2019 05/15/19 Sold $255,000 -12.0% $108 / Sq Ft View Prior Sale
04/23/2019 04/23/19 Pending -- -- --
03/25/2019 03/25/19 For Sale $289,900 +41.4% $123 / Sq Ft
10/01/2015 10/01/15 Sold $205,000 -8.8% $87 / Sq Ft View Prior Sale
08/17/2015 08/17/15 Pending -- -- --
05/13/2015 05/13/15 For Sale $224,900 -- $96 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $2,576 $257,600 $35,000 $222,600
2023 $2,502 $257,900 $35,000 $222,900
2022 $2,559 $255,900 $35,000 $220,900
2021 $2,316 $231,600 $35,000 $196,600
2020 $2,231 $223,100 $35,000 $188,100
2019 $2,237 $223,700 $35,000 $188,700
2018 $2,244 $224,400 $35,000 $189,400
2017 $2,548 $214,500 $35,000 $179,500
2016 $1,794 $179,400 $35,000 $144,400
2014 $1,557 $155,700 $35,000 $120,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21796491

MIBOR Broker Listing Cooperative®

APN: 39-08-27-441-008-000-007