NOT LISTED FOR SALE

1241 Michigan Rd Madison, IN 47250

Estimated Value: $268,000 - $291,976

5 Beds
2 Baths
2,156 Sq Ft
$132/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $235,000 $109 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,675/month

65 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Enclosed Patio or Porch
  • Main Floor Primary Bedroom
  • 2 Car Detached Garage
  • Built-in Bookshelves

About This Home

As of February 2024

Discover the timeless beauty of this craftsman-style home located in the scenic town of Madison, Indiana. Perched in the mountains, 1241 Michigan Rd promises an enviable location on one of Madison's most sought-after streets. Beyond its striking façade, the interiors unfold with five spacious bedrooms and two well-appointed bathrooms. Step into a generous living room where a warm fireplace equipped with gas logs beckons for cozy evenings. The vintage appeal is undeniable, with a blend of carpet, hardwood, and vinyl flooring running throughout. A full basement provides ample space for storage or potential expansion. The home's exterior shines just as bright. A HUGE park-like yard beckons for outdoor activities, gardening, or simply basking in the serene atmosphere. Relax or entertain on the 7'6" x 15'6" back porch, a perfect vantage point to enjoy the surrounding greenery. For the car enthusiast or hobbyist, a detached 2-car garage stands ready to accommodate. Madison, often likened to the quaint charm of 'Mayberry,' offers residents a delightful array of local gems. Imagine living just a stroll away from delightful ice cream parlors, candy shops, unique boutiques, and so much more. While the home beautifully captures the vintage craftsman spirit, it's also priced attractively for those wishing to bring in contemporary updates. Whether you're charmed by its current allure or see it as a canvas for your personal touch, this Madison gem is a must-see.

Last Agent to Sell the Property

Jodie Wild

RE/MAX Advantage License #RB14045153 Listed on: 10/23/2023

RE/MAX Advantage

Last Buyer's Agent

Dawn Frye

Keller Williams Realty-East License #RB21002780

Keller Williams Realty-East

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,332

Year Built

  • Built in 1930

Lot Details

  • 0.58 Acre Lot
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Poured Concrete

Interior Spaces

  • 2,156 Sq Ft Home
  • 2-Story Property
  • Built-in Bookshelves
  • Gas Fireplace
  • Storage
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Gas Available
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0110243500

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,332

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Annual Tax: 1332
  • Appointment: Not Needed
  • Construction: Existing
  • Foundation: Poured Concrete
  • Legal Description: 011-02435-00 PT NE 34-4-10 .58 11-103-3
  • Numof Fireplaces: 1
  • Out Buildings: Garage
  • Parcel Number: 0110243500
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 2156
  • Type: 2 Story
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Water Heater: Electric, Natural Gas
  • Basement Type: Full, Unfinished
  • Above Grade Finished Sq Ft: 2156.00
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 5
  • Fireplace: Gas Burning
  • Interior Amenities: 1st Floor Master, Added Storage, Built-In Bookcase
  • Lot Sq Ft: 25142.83
  • Sewer Type: Sewer
  • Total Sq Ft: 2156

Exterior Features

  • Exterior Features: Deck, Enclosed Porch, Paved Driveway, Porch

Garage/Parking

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

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Gas
  • Heat Type: Forced Air
  • Water Type: Public Available

Lot Info

  • Acres: 0.5772
  • Lot Description: Corner Lot
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2023
Closed on
Feb 9, 2024
Sold by
Patchin John P
Bought by
Boodt Michael Ernest
Seller's Agent
Jodie Wild
RE/MAX Advantage
Buyer's Agent
Dawn Frye
Keller Williams Realty-East
List Price
$255,000
Sold Price
$235,000
Premium/Discount to List
-$20,000
-7.84%
Views
301
Current Estimated Value
$284,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,244
Avg. Annual Appreciation
10.19%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Boodt Michael Ernest $235,500 Stein Law
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2024 02/09/24 Sold $235,000 -4.1% $109 / Sq Ft
12/27/2023 12/27/23 Pending -- -- --
11/30/2023 11/30/23 Price Changed $245,000 -3.9% $114 / Sq Ft
10/23/2023 10/23/23 For Sale $255,000 -- $118 / Sq Ft
Source: Southern Indiana REALTORS® Association

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 $2,009 $200,900 $24,000 $176,900
2023 $2,102 $201,200 $24,000 $177,200
2022 $2,085 $199,600 $24,000 $175,600
2021 $1,925 $184,700 $24,000 $160,700
2020 $1,918 $184,900 $24,000 $160,900
2019 $1,796 $174,300 $24,000 $150,300
2018 $1,818 $174,500 $24,000 $150,500
2017 $1,805 $173,200 $24,000 $149,200
2016 $1,808 $173,500 $24,000 $149,500
2014 $1,524 $149,100 $24,000 $125,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2023011293

Southern Indiana REALTORS® Association

APN: 39-08-34-111-051-000-007