NOT LISTED FOR SALE

129 Cherry Trace Madison, IN 47250

Estimated Value: $414,000 - $516,000

5 Beds
3.5 Baths
4,506 Sq Ft
$101/Sq Ft Est. Value

Last Sold August 05, 2016

Last sale price $220,000 $49 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $2,656/month

Highlights

  • Deck
  • 1 Fireplace
  • Cul-De-Sac
  • Cathedral Ceiling
  • Formal Dining Room
  • Porch

About This Home

As of August 2016

Beautiful two story home on a full partially finished basement. This home boasts an open floor plan with vaulted ceilings in main section, eat-in kitchen, five bedrooms with three full bath/one half bath, granite counter tops and much more. Two additional rooms in basement with full bath. The backyard has a park-like setting and an above ground pool. Sold as is. Seller's name is Secretary of Veterans Affairs. Seller does not pay customary closing cost: including title policy, escrow fees, survey or transfer fees. Proof of funds required on cash transactions; Lender pre-approval letter for financed offer (dated within last 30 days).

Last Agent to Sell the Property

Sherry Bennett-Webb

Bennett-Webb Realty License #RB14037732 Listed on: 04/01/2016

Co-Listed By

Wendy Nickles

License #RB14037775

Last Buyer's Agent

OUTSIDE AGENT

OUTSIDE COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,085

Year Built

  • Built in 1998

Lot Details

  • 0.69 Acre Lot
  • Cul-De-Sac

Parking

  • 2 Car Garage
  • Front Facing Garage

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 4,506 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Formal Dining Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Garden Bath

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 390827442052000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,085

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Improvements: 159900
  • Annual Tax: 2085
  • Appointment: Mandatory
  • Bank Owned Foreclosure YN: Yes
  • Construction: Frame On-Site
  • Foundation: Poured Concrete
  • Land Assessment: 35000
  • Legal Description: Lot 14, Cherry Trace Addition
  • Numof Fireplaces: 1
  • Out Buildings: Shed
  • Parcel Number: 390827442052000007
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total: 198100
  • Total Finished Square Footage: 4506
  • Type: 2 Story
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Full, Partially Finished, Walkout
  • Above Grade Finished Sq Ft: 3004.00
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Interior Amenities: Bath Master, Cath/Vaul/Tray Ceil, Ceiling Fan(s), Family Room, Formal Dining Rm, Garden Tub, Walk-In Closet(s)
  • Lot Measurement: Acres
  • Lot Sq Ft: 30056.00
  • Room Count: 13
  • Sewer Type: Sewer
  • Total Sq Ft: 4506
  • Total Rooms: 8

Exterior Features

  • Exterior Features: Deck, Porch

Garage/Parking

  • Garage Type: Front Entry
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

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

Lot Info

  • Acres: 0.6900
  • Lot Description: Cul-De-Sac
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2021
Sold by
Louden Kenneth R
Bought by
Young Sarah Beth
Current Estimated Value
$455,347

Purchase Details

Listed on
Apr 1, 2016
Closed on
Aug 5, 2016
Sold by
Secretary Affairs
Bought by
Louden Kenneth R
Seller's Agent
Sherry Bennett-Webb
Bennett-Webb Realty
Buyer's Agent
OUTSIDE AGENT
OUTSIDE COMPANY
List Price
$237,500
Sold Price
$220,000
Premium/Discount to List
-$17,500
-7.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.24%

Purchase Details

Closed on
May 10, 2016
Sold by
Bank Na
Bought by
Secretary Affairs

Purchase Details

Closed on
Jan 28, 2016
Sold by
John Indiana
Bought by
Bank Na

Purchase Details

Closed on
Feb 26, 2009
Sold by
Sirva
Bought by
Lindsy James and Lindsy Lee

Purchase Details

Closed on
Apr 4, 2008
Sold by
Steven
Bought by
Sirva
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
Young Sarah Beth $320,000 Jefferson County Land Title
Louden Kenneth R $220,000 Jefferson County Land Title
Secretary Affairs -- Manley Deas Kochalski Llc
Bank Na $210,100 Manley Deas Kochalski, Llc
Lindsy James $235,000 --
Lindsy James H $235,000 Jefferson County Land Title Co
Sirva $286,500 --
Sirva Relocation Llc $286,500 Jefferson County Land Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2016 08/05/16 Sold $220,000 -7.4% $49 / Sq Ft
06/01/2016 06/01/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $237,500 -- $53 / 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 $2,906 $290,600 $35,000 $255,600
2023 $2,941 $294,100 $35,000 $259,100
2022 $2,913 $291,300 $35,000 $256,300
2021 $2,615 $261,500 $35,000 $226,500
2020 $2,483 $248,300 $35,000 $213,300
2019 $2,483 $248,300 $35,000 $213,300
2018 $2,512 $251,200 $35,000 $216,200
2017 $2,507 $250,700 $35,000 $215,700
2016 $2,366 $236,600 $35,000 $201,600
2014 $2,085 $198,100 $35,000 $163,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201602064

Southern Indiana REALTORS® Association

APN: 39-08-27-442-052-000-007