NOT LISTED FOR SALE

223 W 1st St Madison, IN 47250

Estimated Value: $182,000 - $215,000

2 Beds
1 Bath
912 Sq Ft
$216/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $160,000 $175 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,201/month

5 Days on Market

Highlights

  • River View
  • Thermal Windows
  • 1-Story Property
  • Screened Porch
  • Eat-In Kitchen
  • 2-minute walk to Madison Dog Park

About This Home

As of September 2022

LOCATION, LOCATION, LOCATION!! Don't miss your chance to own this adorable move in-ready home in downtown Madison that is AFFORDABLE and all one level!! It is just around the corner from the popular Bicentennial Park, only 2 blocks from Main St, and only 1 block from the river, so has a River View from the back of the home and screened-in porch! The Liv Rm, bedroom and kitchen are very spacious, and the kitchen is a blank canvas for you to put in your own finishing touches! There is a cellar that is great for storage, storm shelter (tall enough to stand up in), and to hold the mechanicals. The roof is only 3 yrs old and the windows throughout are thermopane windows with the exception of the front window which is the original historic window. Original hardwood floors throughout. The city is putting in a brand new sidewalk in front of the home this fall and will be cutting out an area which can give the new owner the option of putting in a little landscaping if they'd like!
Seller will be reviewing all offers until September 7th at 1pm and will then give a response.

Last Agent to Sell the Property

Jackie Armel Greene

Coldwell Banker Harrell & Asso License #RB16000528 Listed on: 09/02/2022

Coldwell Banker Harrell & Asso

Last Buyer's Agent

Kelsey Shaw

F.C. Tucker/Scott Lynch Group License #RB19000651

F.C. Tucker/Scott Lynch Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,132

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 20x110
  • Property is zoned Historic District

Parking

  • On-Street Parking

Home Design

  • Stone Foundation
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 912 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Window Screens
  • Screened Porch
  • River Views
  • Basement Cellar
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 391302231014000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,132

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Improvements: 54100
  • Additional Parking: On Street
  • Annual Tax: 1132
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • Foundation: Rock
  • Land Assessment: 2500
  • Legal Description: 011-04117-00 BEG ON S SIDE FIRST AT 181/2 FT E OF POPLAR THENCE E 19 1/2FT & S S AME 110FT 11-132-25 225 W FIRST ST
  • Lot Dimensions: 20x110
  • Parcel Number: 391302231014000007
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 56600
  • Total Finished Square Footage: 912
  • Type: 1 Story
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 912.00
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Master, Blinds, Ceiling Fan(s), Eat-In Kitchen
  • Room Count: 5
  • Sewer Type: Sewer
  • Total Sq Ft: 912
  • Total Rooms: 5

Exterior Features

  • Exterior Features: Public Sidewalk, Screened Porch, Screens, Thermopane Windows, Wood
  • Road Frontage: 20

Utilities

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

Schools

  • School District: Madison Cons.

Lot Info

  • Lot Description: River View
  • Zoning: Residential, Historic District

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $160,000 -5.8% $175 / Sq Ft
09/07/2022 09/07/22 Pending -- -- --
09/02/2022 09/02/22 For Sale $169,900 +3.0% $186 / Sq Ft
06/15/2022 06/15/22 Sold $165,000 -2.9% $181 / Sq Ft
06/02/2022 06/02/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $169,900 -- $186 / 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 $1,376 $68,800 $2,500 $66,300
2023 $1,376 $68,800 $2,500 $66,300
2022 $1,292 $64,600 $2,500 $62,100
2021 $1,132 $56,600 $2,500 $54,100
2020 $1,132 $56,600 $2,500 $54,100
2019 $1,132 $56,600 $2,500 $54,100
2018 $1,132 $56,600 $2,500 $54,100
2017 $1,120 $56,000 $2,500 $53,500
2016 $1,120 $56,000 $2,500 $53,500
2014 $1,140 $57,000 $2,100 $54,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2022011740

Southern Indiana REALTORS® Association

APN: 39-13-02-231-014-000-007