NOT LISTED FOR SALE

221 N Madison St Lincoln, IL 62656

Estimated Value: $91,000 - $110,781

3 Beds
1 Bath
864 Sq Ft
$119/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $100,000 $116 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $713/month

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Eat-In Kitchen
  • Corner Lot
  • Porch
  • Patio

About This Home

As of May 2024

Situated on a nicely landscaped corner lot, you will find this adorable three bedroom vinyl sided ranch style home with MANY recent updates! The move in ready interior boasts a comfortable front facing living room, equipped eat-in kitchen, large rear laundry/mechanical/mudroom area, three efficient bedrooms, and a full hall tiled bath. Property also features a covered front porch, detached garage with an attached covered patio area in addition to additional adjacent off-street parking, rear storage shed, updated Rheem furnace and central air conditioning unit, and all appliances to remain upon settlement for new owner(s) including washer and dryer. Fresh paint, newer flooring throughout many rooms, and modernized fixtures make this gem all the more appealing! Super clean and ultra efficient, this darling home will NOT last long!

Last Agent to Sell the Property

Seth Goodman

ME Realty License #475126097 Listed on: 04/06/2024

Last Buyer's Agent

Seth Goodman

ME Realty License #475126097 Listed on: 04/06/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,703

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 70x82
  • Corner Lot
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 864 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed
  • Porch

Schools

  • Lincoln High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 12-530-002-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,703

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1955
  • Architectural Style: Ranch
  • New Construction: No
  • PricePerSqFt: 115.74
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Appliances: Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Blinds, Ceiling Fan(s)
  • Living Area: 864
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Corner Lot, Level
  • Construction Type: Vinyl Siding
  • Exterior Features: Patio, Porch, Shed(s)
  • Foundation Details: Block, Concrete
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 1
  • Parking Features: Detached, Gravel

Utilities

  • Heating: Gas, Forced Air, Central Air
  • Water Source: Public Sewer, Public

Schools

  • High School: Lincoln

Lot Info

  • Lot Size: 70X82
  • Parcel #: 12-530-002-00

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1702.92
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2024
Closed on
May 17, 2024
Sold by
Stiefvater Hayes and Bohannan Rachel
Bought by
Taylor Kelli D
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$100,000
Sold Price
$100,000
Total Days on Market
0
Views
7
Current Estimated Value
$102,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,945
Avg. Annual Appreciation
2.29%
Original Mortgage
$96,662
Outstanding Balance
$95,510
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$7,435

Purchase Details

Listed on
Mar 9, 2022
Closed on
May 5, 2022
Sold by
Damn Angie and Mattson Cynthia J
Bought by
Stiefvater Hayes and Bohannan Rachel
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth Goodman
ME Realty
List Price
$75,000
Sold Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.14%
Original Mortgage
$74,989
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2000
Bought by
Mattson Michael E and Mattson Cynthia J
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
Taylor Kelli D $100,000 None Available
Stiefvater Hayes $75,000 None Available
Mattson Michael E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Kelli D $5,131
Open Taylor Kelli D $96,662
Closed Taylor Kelli D $10,000
Previous Owner Stievater Hayes $74,989
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $100,000 0.0% $116 / Sq Ft
04/06/2024 04/06/24 Pending -- -- --
04/06/2024 04/06/24 For Sale $100,000 +33.3% $116 / Sq Ft
05/05/2022 05/05/22 Sold $75,000 0.0% $87 / Sq Ft
03/12/2022 03/12/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $75,000 -- $87 / Sq Ft
Source: RMLS Alliance

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 $1,827 $26,200 $4,890 $21,310
2023 $2,200 $24,260 $4,530 $19,730
2022 $2,200 $22,620 $4,220 $18,400
2021 $1,052 $21,780 $4,060 $17,720
2020 $1,543 $21,780 $4,060 $17,720
2019 $1,499 $21,350 $3,980 $17,370
2018 $1,437 $20,530 $3,830 $16,700
2017 $1,429 $20,530 $3,830 $16,700
2016 $1,417 $20,770 $3,870 $16,900
2015 $1,389 $21,260 $3,900 $17,360
2014 $1,389 $21,260 $3,900 $17,360
2013 $1,389 $19,620 $3,600 $16,020
2012 $1,389 $19,900 $3,650 $16,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1028347

RMLS Alliance

APN: 12-530-002-00