NOT LISTED FOR SALE

1220 N Borcherding Rd Madison, IN 47250

Estimated Value: $221,000 - $242,000

3 Beds
2 Baths
1,176 Sq Ft
$200/Sq Ft Est. Value

Last Sold September 26, 2024

Last sale price $230,000 $196 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,303/month

102 Days on Market

Highlights

  • Open Floorplan
  • First Floor Utility Room
  • Eat-In Kitchen
  • Covered Patio or Porch
  • 2 Car Attached Garage
  • Kitchen Island

About This Home

As of September 2024

Home is located on Madison's hilltop on 1.12 acres +/-. This home has been tastefully remodeled from top to bottom. This home contains 3 bedrooms and 2 baths, with a relaxing family room and a spacious eat-in kitchen. There is a screened-in porch with an attached deck overlooking the back yard that is perfect for entertaining. It has a 2 car attached garage. Immediate possession. If you are looking for a home that has everything done and all you need to do is move in and enjoy your new home, then this is the home for you!

Last Agent to Sell the Property

Patrick Lynch

F.C. Tucker/Scott Lynch Group License #RB14022524 Listed on: 05/20/2024

F.C. Tucker/Scott Lynch Group

Last Buyer's Agent

Kelsey Shaw

F.C. Tucker/Scott Lynch Group License #RB19000651

F.C. Tucker/Scott Lynch Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $690

Year Built

  • Built in 1996

Lot Details

  • 1.12

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Block Foundation

Interior Spaces

  • 1,176 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Family Room
  • First Floor Utility Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • 1.12 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 390830000042000006

Home Details

Home Type

Single Family

Est. Annual Taxes

$690

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Annual Tax: 690
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Concrete Block
  • Legal Description: 010-05156-00 BORCHERDING HGTS LOT 3 1.12A PT 10-34-20.1
  • Parcel Number: 390830000042000006
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 1176
  • Type: 1 Story
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Above Grade Finished Sq Ft: 1176.00
  • Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposal, Garage Door Opener, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Breakfast Bar, Cable Wired, Ceiling Fan(s), Eat-In Kitchen, Family Room, Kitchen Island, Open Floor Plan
  • Lot Sq Ft: 48787.20
  • Sewer Type: Sewer
  • Total Sq Ft: 1176

Exterior Features

  • Exterior Features: Covered Patio, Covered Porch, Paved Driveway

Garage/Parking

  • Garage Type: Attached
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Electric
  • Heat Type: Heat Pump
  • Water Type: Public Onsite

Lot Info

  • Acres: 1.1200
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2024
Closed on
Sep 26, 2024
Sold by
Bunton Debra L
Bought by
Mahoney Caley Ann
Seller's Agent
Patrick Lynch
F.C. Tucker/Scott Lynch Group
Buyer's Agent
Kelsey Shaw
F.C. Tucker/Scott Lynch Group
List Price
$299,900
Sold Price
$230,000
Premium/Discount to List
-$69,900
-23.31%
Views
197
Current Estimated Value
$234,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,635
Avg. Annual Appreciation
2.02%

Purchase Details

Closed on
May 16, 2023
Sold by
Finnegan Thomas Aaron
Bought by
Bunton Terry
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
Mahoney Caley Ann $230,000 Madison Land Title
Bunton Terry $14,000 Madison Land Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2024 09/26/24 Sold $230,000 -11.5% $196 / Sq Ft
08/30/2024 08/30/24 Pending -- -- --
06/27/2024 06/27/24 Price Changed $259,900 -7.1% $221 / Sq Ft
05/21/2024 05/21/24 Price Changed $279,900 -6.7% $238 / Sq Ft
05/20/2024 05/20/24 For Sale $299,900 -- $255 / Sq Ft
Source: Southern Indiana REALTORS® Association

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 $706 $108,400 $15,000 $93,400
2023 $690 $108,400 $15,000 $93,400
2022 $771 $107,400 $15,000 $92,400
2021 $699 $100,900 $15,000 $85,900
2020 $622 $95,700 $15,000 $80,700
2019 $507 $88,400 $15,000 $73,400
2018 $442 $84,700 $15,000 $69,700
2017 $425 $83,900 $15,000 $68,900
2016 $411 $84,900 $15,000 $69,900
2014 $413 $85,100 $15,000 $70,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202408034

Southern Indiana REALTORS® Association

APN: 39-08-30-000-042-000-006