NOT LISTED FOR SALE

1466 E Sr 56 Madison, IN 47250

Estimated Value: $174,000 - $235,000

3 Beds
1 Bath
1,025 Sq Ft
$206/Sq Ft Est. Value

Last Sold March 22, 2023

Last sale price $191,000 $186 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,107/month

357 Days on Market

Highlights

  • River View
  • Covered Patio or Porch
  • 1-Story Property
  • Deck
  • Thermal Windows
  • Forced Air Heating System

About This Home

As of March 2023

Location: Want to be near the River? This is your opportunity. Located in view of the scenic Ohio River. East of Madison-Milton Bridge & City of Madison Campground. In addition to the LOT there's a Cozy 3 bedroom house with seasonal partial river views. Great Get-Away for weekends and holidays or year round living. New thermal pane windows installed in several rooms in September 2021 provide warm natural light. Living room, kitchen, 3 bedrooms and 1 bathroom. Covered front porch. Quaint side deck to back door. New counter tops and aluminum double sink in kitchen. Shingles installed in 2019. Owner states the house is "solidly built with good bones and great potential", Partial basement with outside entrance has a seasonal river view and laundry hookup. Close to town yet not in the middle of all the hustle and bustle. Located a leisurely stroll east of Madison's picturesque River Walk. City water, Septic system. No city sewer available. Listing agent is related to seller.

Last Agent to Sell the Property

Deborah Hardy

Century 21 River Valley License #RB14012623 Listed on: 03/01/2022

Century 21 River Valley

Last Buyer's Agent

Jim Pruett

eXp Realty, LLC License #RB14034779

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $516

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Property is zoned Agri/ Residential

Parking

  • Off-Street Parking

Home Design

  • Block Foundation

Interior Spaces

  • 1,025 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • River Views
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement
  • Walk-Up Access
  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Propane
  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 391301224022000006

Home Details

Home Type

Single Family

Est. Annual Taxes

$516

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Additional Parking: Off Street
  • Annual Tax: 516
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Concrete Block, Crawl Space
  • Legal Description: 010-01645-00 LOT 11 & 20 FT OFF E SIDE LOT 10 BLK 3 10-68-8 1466 E SR 56
  • Parcel Number: 391301224022000006
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total Finished Square Footage: 1025
  • Type: 1 Story
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Water Heater: Unknown
  • Basement Type: Crawl Space, Outside Entrance, Partial, Unfinished, Walkout, Walkup
  • Above Grade Finished Sq Ft: 1025.00
  • Appliances: Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Lot Sq Ft: 6534.00
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 1025

Exterior Features

  • Exterior Features: Covered Porch, Deck, Thermopane Windows

Utilities

  • Fuel Type: Lp Gas
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Lot Info

  • Acres: 0.1500
  • Lot Description: River View
  • Zoning: Agri/ Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2022
Closed on
Mar 22, 2023
Sold by
Mcqueen Marilyn F
Bought by
Bath Fugen
Seller's Agent
Deborah Hardy
Century 21 River Valley
Buyer's Agent
Jim Pruett
eXp Realty, LLC
List Price
$207,000
Sold Price
$191,000
Premium/Discount to List
-$16,000
-7.73%
Views
183
Current Estimated Value
$209,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,149
Avg. Annual Appreciation
3.61%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Bath Fugen $191,000 Madison Land Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2023 03/22/23 Sold $191,000 -3.0% $186 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
01/06/2023 01/06/23 Price Changed $197,000 -4.8% $192 / Sq Ft
09/06/2022 09/06/22 For Sale $207,000 +8.4% $202 / Sq Ft
09/02/2022 09/02/22 Off Market $191,000 -- --
08/31/2022 08/31/22 Price Changed $207,000 0.0% $202 / Sq Ft
08/31/2022 08/31/22 For Sale $207,000 -6.3% $202 / Sq Ft
08/21/2022 08/21/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $221,000 -- $216 / 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 $162 $34,600 $3,400 $31,200
2023 $659 $34,600 $3,400 $31,200
2022 $595 $34,300 $3,400 $30,900
2021 $552 $31,700 $3,400 $28,300
2020 $542 $31,700 $3,400 $28,300
2019 $516 $31,700 $3,400 $28,300
2018 $492 $31,700 $3,400 $28,300
2017 $474 $31,200 $3,400 $27,800
2016 $447 $31,200 $3,400 $27,800
2014 $548 $37,600 $3,400 $34,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202207194

Southern Indiana REALTORS® Association

APN: 39-13-01-224-022-000-006