NOT LISTED FOR SALE

173 Madison 6011 Elkins, AR 72727

Estimated Value: $151,000 - $265,000

3 Beds
2 Baths
1,458 Sq Ft
$157/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $121,000 $83 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,394/month

29 Days on Market

Highlights

  • Near a National Forest
  • 2 Car Attached Garage
  • Central Heating and Cooling System
  • Deck
  • Accessible Approach with Ramp
  • Vinyl Flooring

About This Home

As of September 2023

INVESTMENT OPPORTUNITY. This home is located on 2.5 (+/-) acres near the Wesley community just west of the Ozark National Forest area. Peaceful location. The house is in need of a complete renovation to make this move in ready. Electric is on, but water will not be turned on for inspection, no propane tank available. Sold AS-IS, no repairs will be made.

Last Agent to Sell the Property

Michele Watkins

Lindsey & Assoc Inc Branch License #EB00063255 Listed on: 07/27/2023

Lindsey & Assoc Inc Branch

Co-Listed By

Mark Watkins

Lindsey & Assoc Inc Branch License #SA00074505

Last Buyer's Agent

Janet Braden

First Star Realty License #EB00042275

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $617

Year Built

  • Built in 1998

Lot Details

  • 2.5 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Cleared Lot

Home Design

  • Block Foundation
  • Metal Roof
  • Masonite

Interior Spaces

  • 1,458 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Central Heating and Cooling System
  • Propane Water Heater

Additional Features

  • Accessible Approach with Ramp
  • Outside City Limits

Community Details

  • Rural Subdivision
  • Near a National Forest

Home Details

Home Type

Single Family

Est. Annual Taxes

$617

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.5
  • Road Frontage Type: County Road
  • Co List Office Mls Id: 1554A
  • Co List Office Phone: 479-636-2200
  • Subdivision Name: Rural
  • Directions: AR 74 E to Wesley / S on Madison 6041 / W on Madison 6260 / L on Madison 6011
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • Year Built: 1998
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: RealEstateOwned
  • Stories: 1
  • Year Built: 1998

Interior Features

  • Appliances: Propane Water Heater
  • Accessibility Features: Accessible Approach with Ramp
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Vinyl
  • Interior Amenities: None
  • Living Area: 1458.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Lot Features: Cleared, Outside City Limits, Rural Lot
  • Waterfront Features: None
  • Construction Type: Masonite
  • Exterior Features: Gravel Driveway
  • Foundation Details: Block
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near National Forest

Schools

  • Junior High Dist: Huntsville

Lot Info

  • Zoning Description: Residential
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 617.0
  • Tax Block: .
  • Tax Lot: .

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2023
Closed on
Sep 1, 2023
Sold by
New Residential Mortgage Loan Trust
Bought by
Jones Glenn E and Jones Catherine L
Seller's Agent
Michele Watkins
Lindsey & Assoc Inc Branch
Buyer's Agent
Janet Braden
First Star Realty
List Price
$109,900
Sold Price
$121,000
Premium/Discount to List
$11,100
10.1%
Views
254
Current Estimated Value
$229,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,347
Avg. Annual Appreciation
37.47%

Purchase Details

Closed on
Jun 2, 2005
Sold by
Kimball Dorothy and Love Kim
Bought by
Shepherd Leonard and Shepherd Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
8.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 15, 2002
Bought by
Kimball Love & Love and %Dorothy Kimball

Purchase Details

Closed on
Mar 19, 1999
Bought by
Elliott John D
Source: Public Records

Range of Values:

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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
Jones Glenn E $121,000 None Listed On Document
Shepherd Leonard $98,000 --
Kimball Love & Love $80,000 --
Elliott John D $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shepherd Leonard $114,000
Previous Owner Shepherd Leonard $97,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $121,000 +10.1% $83 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
08/23/2023 08/23/23 For Sale $109,900 0.0% $75 / Sq Ft
08/11/2023 08/11/23 Pending -- -- --
07/27/2023 07/27/23 For Sale $109,900 -- $75 / Sq Ft
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
2024 $1,741 $38,680 $13,000 $25,680
2023 $1,070 $23,770 $5,100 $18,670
2022 $621 $23,770 $5,100 $18,670
2021 $576 $23,770 $5,100 $18,670
2020 $531 $20,130 $3,500 $16,630
2019 $531 $20,130 $3,500 $16,630
2018 $477 $20,130 $3,500 $16,630
2017 $477 $20,130 $3,500 $16,630
2016 $477 $20,130 $3,500 $16,630
2015 $539 $21,620 $3,500 $18,120
2014 -- $21,620 $3,500 $18,120
2013 -- $21,620 $3,500 $18,120
Source: Public Records

Agents Affiliated with this Home

  • Michele Watkins

    Seller's Agent in 2023

    Michele Watkins

    Lindsey & Assoc Inc Branch

    (479) 381-0638

    112 Total Sales

    Michele Watkins
    Section Image
  • Mark Watkins

    Seller Co-Listing Agent in 2023

    Mark Watkins

    Lindsey & Assoc Inc Branch

    (479) 381-0010

    99 Total Sales

    Mark Watkins
    Section Image
  • Janet Braden

    Buyer's Agent in 2023

    Janet Braden

    First Star Realty

    (479) 684-5757

    6 Total Sales

    Janet Braden
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1252367

Northwest Arkansas Board of REALTORS®

APN: 001-09744-002

Arkansas Madison County Elkins 72727

173 Madison 6011, Elkins, AR

This home is located at 173 Madison 6011, Elkins, AR 72727 since 27 July 2023 and is currently estimated at $229,347, approximately $157 per square foot. This property was built in 1998. 173 Madison 6011 is a home located in Madison County.

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.

Northwest Arkansas Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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