NOT LISTED FOR SALE

164 Madison 5290 Elkins, AR 72727

Estimated Value: $509,952

120 Acres
$4,250 Price per Acre
5,227,200 Sq Ft Lot

Sale Details

Date Sold: September 19, 2025

Last sale price $500,000

Est. 2% increase in value since last sale

Current estimated payment $2,755 / mo

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

120 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2025
Closed on
Sep 19, 2025
Sold by
Bought by
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
$509,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,952
Avg. Annual Appreciation
2.81%

Purchase Details

Listed on
Aug 29, 2024
Closed on
Oct 9, 2024
Sold by
Bought by
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
Bought by

Purchase Details

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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: ArkansasOne MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

  • C

    Seller's Agent in 2025

    Christopher Shadrick

    Midwest Land Group, LLC

    (479) 530-2470

    50 Total Sales

    Christopher Shadrick
    Section Image
  • Anthony Chrisco

    Seller's Agent in 2024

    Anthony Chrisco

    Whitetail Properties Real Estate, LLC

    (417) 860-0259

    130 Total Sales

    Anthony Chrisco
    Section Image
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Map

Source: ArkansasOne MLS

MLS Number: 1313590

ArkansasOne MLS

APN: 001-02661-001

Arkansas Madison County Elkins 72721

164 Madison 5290, Elkins, AR

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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