NOT LISTED FOR SALE

218 E 2nd St Madison, IN 47250

Estimated Value: $223,716 - $315,000

2 Beds
2 Baths
2,187 Sq Ft
$120/Sq Ft Est. Value

Last Sold February 24, 2020

Last sale price $100,000 $46 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $1,505/month

49 Days on Market

Highlights

  • City Lights View
  • Covered Patio or Porch
  • Fenced Yard
  • Den
  • Formal Dining Room
  • 2-minute walk to Fireman's Park

About This Home

As of February 2020

Imagine the potential for this house! This two story solid brick home is situated in the heart of Beautiful Historic Downtown Madison. This house could either be utilized as a home or for commercial use. Perfectly located within walking distance to downtown dining, shopping, festivals and the River Walk along the Ohio River. Large bedrooms, two staircases, original ornate fireplace and woodwork, concreted dry basement and versatile downstairs spaces.

Last Agent to Sell the Property

Tony Bilz

F.C. Tucker/Scott Lynch Group License #RB14029672 Listed on: 01/03/2020

F.C. Tucker/Scott Lynch Group

Last Buyer's Agent

OUTSIDE AGENT

OUTSIDE COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,448

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot
  • Fenced Yard
  • Historic Home
  • Property is zoned Central Business District, Historic District

Parking

  • On-Street Parking

Home Design

  • Wood Trim

Interior Spaces

  • 2,187 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Family Room
  • Formal Dining Room
  • Den
  • City Lights Views
  • Partial Basement
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 391302241030000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,448

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Improvements: 104700
  • Additional Parking: On Street
  • Annual Tax: 2448
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Unknown
  • Land Assessment: 7200
  • Legal Description: 011-03925-00 26 BY 84 FT LOT 104 0T 11-128-73 218 E SECOND ST
  • Numof Fireplaces: 1
  • Parcel Number: 391302241030000007
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 111900
  • Total Finished Square Footage: 2187
  • Type: 2 Story, Historical
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Partial
  • Above Grade Finished Sq Ft: 2187.00
  • Appliances: Microwave, Refrigerator
  • Basement: Yes
  • Half Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Fireplace: Decorative
  • Interior Amenities: Den/Office, Family Room, Formal Dining Rm, Natural Wood Trim
  • Lot Sq Ft: 2178.00
  • Room Count: 9
  • Sewer Type: Sanitary Onsite
  • Total Sq Ft: 2187
  • Total Rooms: 7

Exterior Features

  • Exterior Features: Covered Porch, Fenced Yard, Public Sidewalk

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Electric
  • Heat Type: Heat Pump
  • Water Type: Public Onsite

Schools

  • School District: Madison Cons.

Lot Info

  • Acres: 0.0500
  • Lot Description: City Lights View
  • Zoning: Residential, Central Business District, Historic District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2020
Closed on
Feb 14, 2020
Sold by
Gary Corp
Bought by
Lyons Patrick and Lyons Teresa
Seller's Agent
Tony Bilz
F.C. Tucker/Scott Lynch Group
Buyer's Agent
OUTSIDE AGENT
OUTSIDE COMPANY
List Price
$139,900
Sold Price
$100,000
Premium/Discount to List
-$39,900
-28.52%
Current Estimated Value
$238,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,968
Avg. Annual Appreciation
17.70%
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
Lyons Patrick $130,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2020 02/24/20 Sold $100,000 -28.5% $46 / Sq Ft
01/03/2020 01/03/20 For Sale $139,900 -- $64 / Sq Ft
Source: Southern Indiana REALTORS® Association

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 $2,440 $122,000 $7,200 $114,800
2023 $2,440 $122,000 $7,200 $114,800
2022 $2,416 $120,800 $7,200 $113,600
2021 $2,238 $111,900 $7,200 $104,700
2020 $2,238 $111,900 $7,200 $104,700
2019 $2,238 $111,900 $7,200 $104,700
2018 $2,388 $119,400 $7,200 $112,200
2017 $2,364 $118,200 $7,200 $111,000
2016 $2,364 $118,200 $7,200 $111,000
2014 $2,410 $120,500 $7,200 $113,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202005061

Southern Indiana REALTORS® Association

APN: 39-13-02-241-030-000-007