$500,000
SOLD SEP 19, 2025

164 Madison 5290 Elkins, AR 72727

120 Acres
$4,167 Price per Acre
5,227,200 Sq Ft Lot

Recently Sold

10% Below List Price

50 Days on Market

About This Lot

As of September 2025

This stellar 120 +/- acre property checks all the right boxes. Build your dream home, create a hunting retreat, or enjoy it as a weekend getaway. With plenty of road frontage, maybe even some investment potential?. It’s private, well-set up, and full of Ozark charm. The western entrance leads to a 30’x30’ two-bay shop with electric, rural water, and fiber internet. Electric runs the full length of the property. On the "back 60", a rustic off-grid cabin sits perfectly for big northern views. The cabin intentionally has no utilities, but electric is close. The terrain includes drainages flowing to Dabney Creek, natural pools, seasonal waterfalls, a small pond, and a solid trail system. Deer, turkey, and bear sign are everywhere with great hunting terrain features which include benches, funnels, and edge. A 3 +/- acre clearing in the “back 60” offers good habitat and a hunting blind. Mostly white and red oak, plus sugar maple. Gated access off a private road and Madison 5540. Just 30 min to Elkins, 40 to Fayetteville!

Last Agent to Sell the Property

Christopher Shadrick

Midwest Land Group, LLC Brokerage Phone: 479-530-2470 License #SA00097774 Listed on: 07/03/2025

Last Buyer's Agent

Christopher Shadrick

Midwest Land Group, LLC Brokerage Phone: 479-530-2470 License #SA00097774 Listed on: 07/03/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $172

Lot Details

  • 120 Acre Lot
  • Property fronts a private road
  • Property fronts a county road
  • Rural Setting
  • Wooded Lot
  • Landscaped with Trees

Additional Features

  • Mobile Home Allowed
  • Septic Needed

Property Details

Property Type

Land

Est. Annual Taxes

$172

Lot Details

0

Listing Details

  • Property Sub Type: Recreation
  • Prop. Type: Land
  • Lot Size Acres: 120.0
  • Road Frontage Type: County Road, Private Road
  • Road Surface Type: Gravel
  • Directions: From Caseys General Store in Elkins head Southeast on HWY 16 for 16 miles. Turn left onto CR-5201 “also known as the low water bridge at Patrick”. Drive .7 miles and take a left onto Madison 5540. Stay on Madison 5540 for 2 miles and then turn left onto private drive 5295. Drive down the hill .2 miles and you will see a green gate and that is the entrance to the property.
  • Attribution Contact: 479-530-2470
  • Special Features: VirtualTour

Exterior Features

  • Fencing: None
  • Lot Features: Hardwood Trees, Mobile Home Allowed, Recreational, Rural Lot, Wooded
  • Disclosures: Seller Disclosure

Utilities

  • Sewer: Septic Needed
  • Water Source: Public

Condo/Co-op/Association

  • Association #2 Fee Frequency: Monthly

Schools

  • Junior High Dist: Huntsville

Lot Info

  • Pasture Area: 4.0
  • Wooded Area: 116.0
  • Additional Parcels Description: 001-02661-002 & 001-02654-006 & 001-02660-000 & 001-02659-001

Tax Info

  • Tax Annual Amount: 172.0
  • Tax Block: NA
  • Tax Lot: NA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2025
Closed on
Sep 19, 2025
Sold by
Parker Zachery D
Bought by
Rollins Dean A and Pettit Travis
Seller's Agent
Christopher Shadrick
Midwest Land Group, LLC
Buyer's Agent
Christopher Shadrick
Midwest Land Group, LLC
List Price
$554,000
Sold Price
$500,000
Premium/Discount to List
-$54,000
-9.75%
Views
76
Current Estimated Value
$501,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,501
Avg. Annual Appreciation
1.00%

Purchase Details

Listed on
Aug 29, 2024
Closed on
Oct 9, 2024
Sold by
Schilb Matt and Schilb Jill
Bought by
Parker Zachery D
Seller's Agent
Anthony Chrisco
Whitetail Properties Real Estate, LLC
List Price
$425,000
Sold Price
$425,000
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.66%
Original Mortgage
$100,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2010
Sold by
Brumley Aldon C and Brumley Wilma J
Bought by
Stanfill Jamie

Purchase Details

Closed on
Oct 6, 1995
Bought by
Brumley Aldon
Source: Public Records
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Purchase History

Date Type Sale Price Title Company
Warranty Deed $500,000 Waco Title
Warranty Deed $425,000 Waco Title
Warranty Deed $22,000 --
Warranty Deed $15,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2025 09/19/25 Sold $500,000 -9.7% --
08/22/2025 08/22/25 Pending -- -- --
07/03/2025 07/03/25 For Sale $554,000 +30.4% --
10/09/2024 10/09/24 Sold $425,000 0.0% -- View Prior Sale
09/03/2024 09/03/24 Pending -- -- --
08/29/2024 08/29/24 For Sale $425,000 -- --
Source: Northwest Arkansas Board of REALTORS®

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
2025 $76 $1,690 $530 $1,160
2024 $76 $1,690 $530 $1,160
2023 $78 $1,730 $470 $1,260
2022 $83 $1,730 $470 $1,260
2021 $83 $1,730 $470 $1,260
2020 $86 $1,800 $520 $1,280
2019 $28 $520 $520 $0
2018 $26 $520 $520 $0
2017 $21 $520 $520 $0
2016 $26 $520 $520 $0
2015 $29 $580 $580 $0
2014 -- $580 $580 $0
2013 -- $580 $580 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1313590

Northwest Arkansas Board of REALTORS®

APN: 001-02661-001