NOT LISTED FOR SALE

150 Madison St Lockport, IL 60441

Estimated Value: $380,000 - $460,000

3 Beds
2 Baths
1,872 Sq Ft
$223/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $400,000 $214 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,055/month

3 Days on Market

Highlights

  • 0.51 Acre Lot
  • Living Room with Fireplace
  • Ranch Style House
  • Milne Grove Elementary School Rated A-
  • Recreation Room
  • Wood Flooring

About This Home

As of May 2022

Just Listed! Sprawling Bedford stone ranch located in one of the most sought after areas in historic Lockport. You will be impressed the moment you pull up and in love the minute you step in! This spacious 5 bedroom home with finished basement on park like 1/2 acre lot has been expertly renovated and modernized while maintaining its classic charm. The beautiful kitchen with upgraded cabinetry, granite counters, SS appliances and island truly is the heart of this home and flows into the sunlit living and dining room with rich hardwood flooring and stone fireplace. The bedrooms are all ample sized including one that could also work well as an office or den with 2nd fireplace. A breezy 3 season room overlooks your peaceful backyard with a sunny deck & patio, mature trees, gorgeous covered outdoor entertaining area with built in stone fireplace, and it's fully fenced for added privacy. The full basement includes an expansive family room, rec space, 2 bedrooms and tons of storage. Additional updates include brand new water heater and newer boiler (2 yr) and more. This really is a very special property that doesn't come along often~make your appointment today! Multiple offers have been received, seller is asking for highest and best by Monday, April 18 @ 3pm

Last Agent to Sell the Property

Jamie Haake

Coldwell Banker Realty License #475111610 Listed on: 04/13/2022

Coldwell Banker Realty

Last Buyer's Agent

Jonathan Darin

Coldwell Banker Real Estate Group License #475138794

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,112

Year Built

  • Built in 1950 | Remodeled in 2018

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 140 x 160
  • Fenced Yard
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,872 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Recreation Room
  • Workshop
  • Sun or Florida Room
  • Wood Flooring
  • Carbon Monoxide Detectors
  • Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 5 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Dual Sinks

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Patio
  • Shed

Schools

  • Milne Grove Elementary School
  • Kelvin Grove Elementary Middle School
  • Lockport Township High School

Utilities

  • Central Air
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • 200+ Amp Service
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • Bedford Stone Ranch

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,112

Year Built

Built in 1950 | Remodeled in 2018

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1950
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2018

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 1450
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath
  • LivingArea: 1872
  • Other Equipment: Water-Softener Owned, TV-Cable, CO Detectors, Ceiling Fan(s)
  • Room Type: Sun Room, Workshop, Bedroom 5, Recreation Room, Foyer
  • Estimated Total Finished Sq Ft: 3322
  • Assessed Sq Ft: 1872
  • Basement Description: Finished
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 2
  • Dining Room: Separate,L-shaped
  • Total Sq Ft: 1872
  • Basement Sq Ft: 1872
  • Fireplace Location: Living Room,Other
  • Unfinished Basement Sq Ft: 422
  • Upper Level Sq Ft: 1872
  • Attic: Full,Unfinished
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Block, Concrete Perimeter
  • List Price: 400000
  • Lot Features: Corner Lot, Fenced Yard
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Stone,Limestone

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Steam, Radiant
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Milne Grove Elementary School
  • High School: Lockport Township High School
  • Middle/Junior School: Kelvin Grove Elementary School
  • Middle/Junior School District: 91

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.51
  • Lot Dimensions: 140 X 160
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17

Tax Info

  • Tax Annual Amount: 8112.08
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2022
Closed on
May 12, 2022
Sold by
Roe Aaron R and Roe Caroline A
Bought by
Mccowan Nancy
Seller's Agent
Jamie Haake
Coldwell Banker Realty
Buyer's Agent
Jonathan Darin
Coldwell Banker Real Estate Group
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$417,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,607
Avg. Annual Appreciation
0.83%

Purchase Details

Listed on
Jul 4, 2018
Closed on
Aug 1, 2018
Sold by
Revival Properties Llc
Bought by
Roe Aaron R and Roe Caroline A
Seller's Agent
Jeanne Dominguez
RE/MAX 1st Service
Buyer's Agent
Jamie Haake
RE/MAX Ultimate Professionals
List Price
$339,900
Sold Price
$316,900
Premium/Discount to List
-$23,000
-6.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.41%
Original Mortgage
$301,055
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2017
Sold by
Oller Howard B
Bought by
Revival Properties Llc

Purchase Details

Closed on
Jan 8, 2007
Sold by
Standard Bank & Trust Co
Bought by
Oller Howard B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2005
Sold by
Rush Susan L
Bought by
Standard Bank & Trust Co and Trust #18899

Purchase Details

Closed on
Oct 2, 2002
Sold by
Pesavento Victor L and Pesavento Janet L
Bought by
Rush Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 1998
Sold by
Pesavento Janet L and Habenicht Janet L
Bought by
Pesavento Victor L and Pesavento Janet L

Purchase Details

Closed on
Oct 20, 1995
Sold by
Swenson Ernest H
Bought by
Habenicht Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
7.68%
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
Mccowan Nancy $400,000 Fidelity National Title
Roe Aaron R $316,900 Attorney
Revival Properties Llc $180,000 None Available
Oller Howard B $255,000 First American Title
Standard Bank & Trust Co -- --
Rush Susan L $215,000 Ticor Title
Pesavento Victor L -- --
Habenicht Janet L $157,500 1St American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roe Caroline A $297,500
Previous Owner Roe Aaron R $301,055
Previous Owner Oller Howard B $189,663
Previous Owner Oller Howard B $204,000
Previous Owner Rush Susan L $31,300
Previous Owner Rush Susan L $172,000
Previous Owner Habenicht Janet L $87,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $400,000 0.0% $214 / Sq Ft
04/19/2022 04/19/22 Pending -- -- --
04/15/2022 04/15/22 For Sale $400,000 +26.2% $214 / Sq Ft
08/30/2018 08/30/18 Sold $316,900 -2.5% $169 / Sq Ft
07/23/2018 07/23/18 Pending -- -- --
07/19/2018 07/19/18 Price Changed $324,900 -4.4% $174 / Sq Ft
07/04/2018 07/04/18 For Sale $339,900 -- $182 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2023 $9,363 $112,270 $22,042 $90,228
2022 $8,784 $101,418 $20,562 $80,856
2021 $8,324 $95,308 $19,323 $75,985
2020 $8,112 $92,174 $18,688 $73,486
2019 $7,706 $87,369 $17,714 $69,655
2018 $7,836 $80,769 $16,376 $64,393
2017 $6,689 $73,314 $14,864 $58,450
2016 $6,282 $67,630 $13,712 $53,918
2015 $5,149 $55,139 $12,193 $42,946
2014 $5,149 $53,018 $11,724 $41,294
2013 $5,149 $54,100 $11,963 $42,137
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11375879

Midwest Real Estate Data (MRED)

APN: 11-04-23-229-001