NOT LISTED FOR SALE

216 W 2nd St Madison, IN 47250

Estimated Value: $170,048 - $357,000

3 Beds
3 Baths
1,890 Sq Ft
$151/Sq Ft Est. Value

Last Sold March 16, 2021

Last sale price $112,500 $60 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $1,649/month

80 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 2-minute walk to Madison Park Department

About This Home

As of March 2021

Home looking for its new owner to customize to their dreams, whether it be a single-family residence or an Air B&B. Restoration has been started to restore to its original Federal Italianate 2.5 story home. New brick sidewalk with limestone steps. Enjoy the artwork of the new window eyebrows that are a must-see in person. Home sits in a beautiful area of Historic Downtown Madison. First and second floor has a combined living space of 1590 square feet with an additional 300 square feet on the third floor. Property now goes from Second St to Hentz Ln. Attached documents showing approval from Madison Zoning Board of Appeals to complete a Common Wall Zero Lot Line addition to rear of home and a Common Wall Zero Lot Line garage. Can be purchased with 214 W Second St, MLS# 1570428.

Last Agent to Sell the Property

Jim Pruett

EXP Realty LLC License #191573 Listed on: 09/29/2020

EXP Realty LLC

Last Buyer's Agent

NON MEMBER

NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,203

Year Built

  • Built in 1870

Lot Details

  • 3,485

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,890 Sq Ft Home
  • 2-Story Property
  • Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 391302213049000007
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,203

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Cooling System: None
  • Stories: 2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Subdivision Name: NONE
  • Above Grade Finished Sq Ft: 1890.0
  • Dining Room Level: First
  • Rooms:Living Room5: Yes
  • Primary Bedroom Level: Second
  • Roof:Shingle: Yes
  • Lot Description:Zero Lot Line: Yes
  • Sewer:Public Sewer: Yes
  • Special Features: None

Interior Features

  • Basement: Cellar
  • Bedroom Level: Second
  • Kitchen Level: First
  • Living Room Level: First
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • Basement:Cellar: Yes

Exterior Features

  • Fencing: None
  • Roof: Shingle
  • Acres: 0.08
  • Construction Type: Brick
  • Foundation Details: Crawl Space
  • Construction:Brick3: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Cooling Y N: No
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 3484.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 391302213049000007
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1870

Tax Info

  • Tax Block: 0
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2020
Closed on
Mar 15, 2021
Sold by
Jim Pruett Inc
Bought by
Steven Lynn Christopher and Larson Gina
Seller's Agent
Jim Pruett
EXP Realty LLC
Buyer's Agent
NON MEMBER
NON-MEMBER OFFICE
List Price
$145,000
Sold Price
$112,500
Premium/Discount to List
-$32,500
-22.41%
Current Estimated Value
$280,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,077
Avg. Annual Appreciation
24.83%

Purchase Details

Closed on
Feb 18, 2020
Sold by
Maile S
Bought by
Jim Pruett Inc
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
Steven Lynn Christopher $225,000 Madison Land Title
Jim Pruett Inc $170,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2021 03/16/21 Sold $112,500 -22.4% $60 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
10/13/2020 10/13/20 For Sale $145,000 +28.9% $77 / Sq Ft
09/25/2020 09/25/20 Off Market $112,500 -- --
09/25/2020 09/25/20 For Sale $145,000 -- $77 / Sq Ft
Source: Metro Search (Greater Louisville Association 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 $1,203 $120,300 $6,200 $114,100
2023 $2,639 $263,900 $6,200 $257,700
2022 $475 $70,200 $3,000 $67,200
2021 $1,348 $67,400 $3,000 $64,400
2020 $1,300 $65,000 $2,600 $62,400
2019 $1,300 $65,000 $2,600 $62,400
2018 $1,300 $65,000 $2,600 $62,400
2017 $1,292 $64,600 $2,600 $62,000
2016 $1,620 $81,000 $2,600 $78,400
2014 $1,340 $67,000 $2,100 $64,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro Search (Greater Louisville Association of REALTORS®)

MLS Number: 1570432

Metro Search (Greater Louisville Association of REALTORS®)

APN: 39-13-02-213-049-000-007