NOT LISTED FOR SALE

301 Broadway St Madison, IN 47250

Estimated Value: $259,000 - $310,000

2 Beds
2 Baths
2,638 Sq Ft
$110/Sq Ft Est. Value

Last Sold May 12, 2020

Last sale price $219,000 $83 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,704/month

133 Days on Market

Highlights

  • Second Kitchen
  • Main Floor Primary Bedroom
  • Covered patio or porch
  • City Lights View
  • Corner Lot
  • 4-minute walk to Madison Park Department

About This Home

As of May 2020

Central property of Madison Arts and Cultural District!
This property boasts a layout that has been modified for 2 separate dwellings. Offering 1 bed, 1 full bath, a kitchen, and laundry hookups on each the ground and upper levels. This property could be used for accessibility quarters on the main floor and allow additional accommodations upstairs. Conversion to single family living would be uncomplicated. Here, you are located in close proximity to the Ohio River, parklands, cafes, and boutique shopping! With a detached garage and ample off-street parking, this property has an abundance of possibility!

Last Agent to Sell the Property

Jessica Butler

License #RB18001702 Listed on: 11/25/2019

Last Buyer's Agent

Brenda Eversole

Century 21 River Valley License #RB14017424

Century 21 River Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $909

Year Built

  • Built in 1874

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 80x64
  • Corner Lot
  • Property is zoned Historic District

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Stone Foundation
  • Frame Construction
  • Metal Siding

Interior Spaces

  • 2,638 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Blinds
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • First Floor Utility Room
  • City Lights Views

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Basement

  • Sump Pump
  • Basement Cellar

Outdoor Features

  • Covered patio or porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 391302224021000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$909

Year Built

Built in 1874

Lot Details

0

Parking

2

Listing Details

  • Improvements: 174200
  • Additional Parking: Off Street
  • Annual Tax: 909
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Rock
  • Land Assessment: 7700
  • Legal Description: See deed
  • Lot Dimensions: 80x64
  • Numof Fireplaces: 1
  • Out Buildings: Garage
  • Parcel Number: 391302224021000007
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 181900
  • Total Deduction Amnt: 95915
  • Total Finished Square Footage: 2638
  • Type: 2 Story
  • Year Built: 1874
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 2638.00
  • Appliances: Disposal, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Fireplace: Decorative
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Bath Master, Blinds, Eat-In Kitchen, Family Room, Formal Dining Rm, Foyer, Second Kitchen, Sump Pump
  • Lot Sq Ft: 5227.20
  • Room Count: 11
  • Sewer Type: Sewer
  • Total Sq Ft: 2638
  • Total Rooms: 11

Exterior Features

  • Exterior Features: Covered Porch, Metal Siding, Patio, Paved Driveway, Public Sidewalk

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

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

Schools

  • School District: Madison Cons.

Lot Info

  • Acres: 0.1200
  • Lot Description: Corner Lot, City Lights View
  • Zoning: Historic District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2019
Closed on
May 12, 2020
Sold by
Nyna Bailey
Bought by
Riggs Mack
Seller's Agent
Jessica Butler
Buyer's Agent
Brenda Eversole
Century 21 River Valley
List Price
$248,050
Sold Price
$219,000
Premium/Discount to List
-$29,050
-11.71%
Total Days on Market
133
Current Estimated Value
$288,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,875
Avg. Annual Appreciation
5.61%

Purchase Details

Closed on
Jul 12, 2012
Sold by
Trustees
Bought by
Ernest

Purchase Details

Closed on
Jun 26, 2012
Sold by
Margaret Seifert
Bought by
Trustee
Source: Public Records

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Range of Values:

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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
Riggs Mack $219,000 --
Ernest $205,000 --
Nyna Ernest $205,000 --
Trustee $205,000 --
Trustee Of Hanover College $205,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2020 05/12/20 Sold $219,000 -8.7% $83 / Sq Ft
04/06/2020 04/06/20 Pending -- -- --
02/06/2020 02/06/20 Price Changed $239,900 -3.3% $91 / Sq Ft
11/25/2019 11/25/19 For Sale $248,050 -- $94 / 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 $2,055 $205,500 $7,700 $197,800
2023 $1,929 $192,900 $7,700 $185,200
2022 $1,975 $197,500 $7,700 $189,800
2021 $1,874 $187,400 $7,700 $179,700
2020 $1,819 $181,900 $7,700 $174,200
2019 $1,819 $181,900 $7,700 $174,200
2018 $1,819 $181,900 $7,700 $174,200
2017 $1,799 $179,900 $7,700 $172,200
2016 $1,799 $179,900 $7,700 $172,200
2014 $1,693 $169,300 $9,100 $160,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2019012305

Southern Indiana REALTORS® Association

APN: 39-13-02-224-021-000-007