NOT LISTED FOR SALE

302 Elm St Madison, IN 47250

Estimated Value: $578,779 - $641,000

5 Beds
4.5 Baths
4,774 Sq Ft
$127/Sq Ft Est. Value

Last Sold June 23, 2022

Last sale price $495,000 $104 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,475/month

13 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heating System Uses Steam

About This Home

As of June 2022

Stunning historical 5 bedroom, 4 1⁄2 bath home in downtown Madison. Classic Greek Revival with grand columns, original floor plan, doors, and limestone foundation. This Historical mansion was built in 1838 and owned by JFD Lanier. This home offers two kitchens with all appliances included, spacious living room, dining room, formal parlor, and plenty of space to entertain. There are 5 period crystal chandeliers, including one ''heirloom'' in the formal parlor. This chandelier is similar to the one in the Lanier Mansion. There are 5 fireplaces with the original mantles, 3 working with gas logs and 2 decorative. A steam boiler provides central heat. In addition, new HVAC installed in 2020 for lower two floors, existing Central air system for top two floors. Enjoy taking a swim in the inground pool that has an automatic cover and winter cover. The automatic chlorinator and sand filter keep the pool looking clear and inviting. New gutters were installed in 2022. Furnishings, including period Antiques and Artwork could be purchased separately. There is a second utility room in the main bedroom closet. This home was classified as "Outstanding" in the Jefferson County Interim Report and a "Designated Property" in the Historic American Buildings Survey. This landmark home has been a staple in the Historic District of Madison. Let this be your last forever home. Schedule your showing today!

Last Agent to Sell the Property

Jim Pruett

EXP Realty LLC License #191573 Listed on: 05/19/2022

EXP Realty LLC

Last Buyer's Agent

NON MEMBER

NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1838

Lot Details

  • 0.9

Home Design

  • Metal Roof

Interior Spaces

  • 3-Story Property
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Central Air
  • Heating System Uses Steam

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 391302223005000007
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Year Built

Built in 1838

Lot Details

0

Listing Details

  • Cooling System: Central Air
  • Stories: 3
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Garage Yn: No
  • Subdivision Name: NONE
  • Above Grade Finished Sq Ft: 3871.0
  • ResoBuildingAreaSource: Other
  • Dining Room Level: First
  • Full Bathroom Level: Third
  • Primary Bedroom Level: Second
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Special Features: None

Interior Features

  • Basement: Partially Finished, Outside Entry
  • Bedroom Level: Second
  • Kitchen Level: First
  • Other Level: Third
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 903.0
  • ResoLivingAreaSource: Other
  • Basement:Partially Finished: Yes

Exterior Features

  • Roof: Metal
  • Acres: 0.9
  • Construction Type: Wood Frame
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street

Utilities

  • Cooling Y N: Yes
  • Heating: Steam
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Steam2: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 39204.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 391302223005000007
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1838

Tax Info

  • Tax Block: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2019
Bought by
Holliday Carl and Goodman Steven W
Current Estimated Value
$607,695

Purchase Details

Listed on
Jul 24, 2013
Closed on
Jul 24, 2014
Sold by
Medworks Inc
Bought by
Lynch
Seller's Agent
Scott Lynch
F.C. Tucker/Scott Lynch Group
List Price
$359,900
Sold Price
$275,000
Premium/Discount to List
-$84,900
-23.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%

Purchase Details

Closed on
Jun 7, 2013
Sold by
Hough
Bought by
Medworks Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Holliday Carl $295,000 --
Lynch $275,000 --
Medworks Inc $330,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2022 06/23/22 Sold $495,000 0.0% $104 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $495,000 +67.8% $104 / Sq Ft
05/31/2018 05/31/18 Sold $295,000 -10.6% $67 / Sq Ft View Prior Sale
03/06/2018 03/06/18 Pending -- -- --
01/05/2018 01/05/18 For Sale $329,900 +20.0% $75 / Sq Ft
07/24/2014 07/24/14 Sold $275,000 -23.6% $81 / Sq Ft View Prior Sale
06/10/2014 06/10/14 Pending -- -- --
07/24/2013 07/24/13 For Sale $359,900 -- $106 / Sq Ft
Source: Metro Search, Inc.

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 $3,941 $394,100 $5,200 $388,900
2023 $4,091 $394,900 $5,200 $389,700
2022 $3,205 $315,900 $5,200 $310,700
2021 $3,040 $290,400 $5,200 $285,200
2020 $2,924 $279,200 $5,200 $274,000
2019 $2,955 $280,400 $5,200 $275,200
2018 $2,945 $280,400 $5,200 $275,200
2017 $2,926 $278,200 $5,200 $273,000
2016 $2,917 $278,200 $5,200 $273,000
2014 $5,048 $252,400 $6,200 $246,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro Search, Inc.

MLS Number: 1612615

Metro Search, Inc.

APN: 39-13-02-223-005-000-007