NOT LISTED FOR SALE

136 E Madison St Morton, IL 61550

Estimated Value: $197,185 - $235,000

4 Beds
2 Baths
2,238 Sq Ft
$100/Sq Ft Est. Value

Last Sold April 10, 2013

Last sale price $135,000 $60 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,506/month

739 Days on Market

About This Home

As of April 2013

Investment property near downtown Morton, could easily be converted to single family residence. New roof 2010, 2 new furnaces, 2 new central air within past 4 years. Hardwood flooring and original woodwork throughout. Full basement with access from main floor and outside cellar doors. Appliances stay, but not warranted.

Last Agent to Sell the Property

Scott Patton

Keller Williams Premier Realty License #475141211 Listed on: 01/07/2011

Last Buyer's Agent

Scott Patton

Keller Williams Premier Realty License #475141211 Listed on: 01/07/2011

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,379

Year Built

  • Built in 1913

Lot Details

  • 0.28

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • Morton Elementary School
  • Morton High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,379

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: Lot 12 Miller's 2nd Addition
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Basement: Full
  • Price Per Sq Ft: 60.32
  • Total Sq Ft: 2238

Exterior Features

  • Exterior: Aluminum Siding, Vinyl Siding
  • Road Access: Curbs & Gutters, Paved

Garage/Parking

  • Garage Parking: Detached, On-Street Parking
  • Number Parking Spaces: 1

Utilities

  • Heating Cooling: 2+ Heating Systems, Forced Air, Gas, 2+ Cooling Systems, Central Air
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: Private, Units Hook-Ups

Schools

  • Elementary School: Morton
  • High School: Morton

Lot Info

  • Estimated Lot Size: 89x172x58x66x35x97
  • Lot Description: Level
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: All Utilities
  • Gross Annual Rent Income: 13200
  • Lease Information: Month-To-Month

Tax Info

  • Annual Taxes: 3378.56
  • Parcel Id Number Tax Id: 06-06-21-113-006
  • Tax Year: 2011

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 13200
  • Total Number Central Air Units: 2
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 2

MLS Schools

  • Middle School: Morton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2021
Sold by
Jones Steven A
Bought by
Moser Eddie and Moser Jessie
Current Estimated Value
$224,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,920
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 7, 2011
Closed on
Apr 10, 2013
Sold by
Patton Enterprises Inc
Bought by
Jones Steven A
Seller's Agent
Scott Patton
Keller Williams Premier Realty
Buyer's Agent
Scott Patton
Keller Williams Premier Realty
List Price
$154,500
Sold Price
$135,000
Premium/Discount to List
-$19,500
-12.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.06%
Original Mortgage
$99,375
Interest Rate
3.46%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Moser Eddie $152,400 Hometown Title
Jones Steven A $135,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moser Eddie $121,920
Previous Owner Jones Steven A $99,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2013 04/10/13 Sold $135,000 -12.6% $60 / Sq Ft
01/15/2013 01/15/13 Pending -- -- --
01/07/2011 01/07/11 For Sale $154,500 -- $69 / Sq Ft
Source: RMLS Alliance

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 $3,976 $58,200 $8,650 $49,550
2023 $3,976 $54,220 $8,060 $46,160
2022 $3,845 $49,790 $7,400 $42,390
2021 $3,699 $47,880 $7,120 $40,760
2020 $3,586 $47,410 $7,050 $40,360
2019 $3,576 $47,410 $7,050 $40,360
2018 $3,511 $47,410 $7,050 $40,360
2017 $3,420 $45,200 $6,720 $38,480
2016 $3,354 $45,200 $6,720 $38,480
2015 $3,237 $0 $0 $0
2013 $3,205 $45,200 $6,720 $38,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAPA1123674

RMLS Alliance

APN: 06-06-21-113-006