NOT LISTED FOR SALE

205 Madison St Lockport, IL 60441

Estimated Value: $329,000 - $378,000

3 Beds
3 Baths
2,100 Sq Ft
$164/Sq Ft Est. Value

Last Sold April 30, 2015

Last sale price $235,000 $112 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,495/month

24 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Great Room
  • Milne Grove Elementary School Rated A-
  • Corner Lot
  • Den

About This Home

As of April 2015

Historic and charming 3 bed/2.5 bath home in Lockport. Completely updated with brand new spa like master bath. New flooring, doors, windows, plumbing, drywall, furnace, water heater, water softener, fence, kitchen, and siding in the last five years. Master has an oversized walk-in closet that can be used as an office, nursery, etc. Enjoy the professionally landscaped fenced-in yard sitting on a double lot.

Last Agent to Sell the Property

Dave Faxel

NextHome Select Realty License #471019671 Listed on: 02/24/2015

NextHome Select Realty

Last Buyer's Agent

Mychal Toscas

Century 21 Circle License #475131627

Century 21 Circle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,412

Year Built

  • 1863

Lot Details

  • 0.28

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Dry Bar
  • Vaulted Ceiling
  • Skylights
  • Great Room
  • Den

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Basement Cellar

Parking

  • Parking Available
  • Driveway
  • Off-Street Parking
  • Parking Space is Owned

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Deck
  • Corner Lot

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,412

Year Built

1863

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1863
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1863

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Dry
  • Number Of Rooms: 8
  • Living Room: Dimensions: 22X14, On Level: Main Level
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Water-Softener Owned, Ceiling Fan
  • Basement: Full
  • Basement: Cellar
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 10X09, On Level: 2nd Level
  • Dining Room: Dimensions: 16X10, On Level: Main Level
  • Kitchen Type: Dimensions: 17X16, On Level: Main Level
  • Kitchen Type: Eating Area-Table Space, Island
  • Additional Rooms: Den, Great Room
  • Master Bedroom: Dimensions: 17X15, On Level: 2nd Level
  • Additional Room 1 Name: Den, Dimensions: 13X10, On Level: Main Level
  • Additional Room 2 Name: Great Rm, Dimensions: 16X13, On Level: Main Level
  • Bedroom 2: Dimensions: 14X09, On Level: 2nd Level
  • Bedroom 3: Dimensions: 13X12, On Level: 2nd Level
  • Estimated Sq Ft: 2100
  • Dining Room Type: Separate

Exterior Features

  • Lot Size: .25-.49 Acre
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck

Garage/Parking

  • Number of Cars: 4
  • Parking: Space/s
  • Parking Details: Off Street
  • Number Parking Spaces: 4
  • Parking On Site: Yes
  • Driveway: Asphalt
  • Parking Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 205
  • Junior High Dist: 91

Lot Info

  • Lot Dimensions: 100X120
  • Lot Description: Corner
  • Parcel Identification Number: 1104232230080000

Tax Info

  • Taxes: 4091.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2023
Sold by
Trust Number 7615
Bought by
Ludwig Daniel R and Ludwig Lauren K
Current Estimated Value
$344,454

Purchase Details

Closed on
Feb 15, 2016
Sold by
Ludwig Daniel and Ludwig Lauren
Bought by
First Midwest Bank and Trust #7615

Purchase Details

Listed on
Feb 24, 2015
Closed on
Apr 30, 2015
Sold by
Coyle Timothy A and Coyle Kara L
Bought by
Ludwig Daniel and Ludwig Lauren
Seller's Agent
Dave Faxel
NextHome Select Realty
Buyer's Agent
Mychal Toscas
Century 21 Circle
List Price
$249,900
Sold Price
$235,000
Premium/Discount to List
-$14,900
-5.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.59%
Original Mortgage
$223,250
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2007
Sold by
Campbell Paul F and Campbell Carlyn F
Bought by
Coyle Timothy A and Coyle Kara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,920
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
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
Ludwig Daniel R -- None Listed On Document
First Midwest Bank -- Attorney
Ludwig Daniel $235,000 Antic
Coyle Timothy A $200,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner First Midwest Bank $180,000
Previous Owner Ludwig Daniel $223,250
Previous Owner Coyle Kara L $182,000
Previous Owner Coyle Timothy A $188,000
Previous Owner Coyle Timothy A $159,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2015 04/30/15 Sold $235,000 -6.0% $112 / Sq Ft
03/20/2015 03/20/15 Pending -- -- --
02/24/2015 02/24/15 For Sale $249,900 -- $119 / 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 $7,412 $84,688 $20,966 $63,722
2022 $6,720 $78,998 $19,558 $59,440
2021 $6,360 $74,239 $18,380 $55,859
2020 $6,194 $71,798 $17,776 $54,022
2019 $5,877 $68,055 $16,849 $51,206
2018 $5,522 $62,914 $15,576 $47,338
2017 $5,079 $57,107 $14,138 $42,969
2016 $4,758 $52,679 $13,042 $39,637
2015 $4,092 $44,922 $11,597 $33,325
2014 $4,092 $43,194 $11,151 $32,043
2013 $4,092 $44,076 $11,379 $32,697
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08845165

Midwest Real Estate Data (MRED)

APN: 11-04-23-223-008