$37,000
SOLD APR 17, 2025

303 Madison St Red Bud, IL 62278

3 Beds
1 Bath
874 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$42 Per Sq Ft

26% Below List Price

17 Days on Market

Highlights

  • Living Room
  • Accessible Parking
  • 1 Car Garage
  • Red Bud High School Rated 9+
  • Dining Room
  • Heating Available

About This Home

As of April 2025

This two-story 3-bedroom, 1-bath home is full of potential for the right buyer! Featuring arched doorway and classic charm, this fixer-upper is ready for a creative touch. One of the bedrooms is a walk-through, offering flexible space options. Situated on a versatile lot with alley access, the property includes a detached garage at the back, providing convenient off-street parking or workshop potential. Whether you’re looking for an investment opportunity or a rewarding rehab project, this home is ready to be restored to its former charm. Sold as-is.

Last Agent to Sell the Property

Brenda Chandler

Property Peddler, Inc License #475162275 Listed on: 02/07/2025

Last Buyer's Agent

Jena Gibbs

eXp Realty License #475201426

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,552

Year Built

  • Built in 1923

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 400x60

Parking

  • 1 Car Garage

Interior Spaces

  • 874 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Parking

Schools

  • Red Bud Dist 132 Elementary And Middle School
  • Red Bud High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 13-117-011-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,552

Year Built

Built in 1923

Lot Details

8,276 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1923
  • Directions: From West Market St go North onto Madison. Property is on the left side of the road.
  • Property Sub-Type: Residential
  • Lot Size Acres: 0.19
  • Co List Office Mls Id: MARPDLR01
  • Co List Office Phone: 4732500
  • Co List Office Phone: 4732500
  • Subdivision Name: Not in Subdivision
  • Above Grade Finished Sq Ft: 874
  • Carport Y N: No
  • Unit Levels: Two
  • Age: 102
  • Style Description: Other
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Main Level Bathrooms: 1

Exterior Features

  • Pool Private: No
  • Waterfront: No
  • Disclosures: Unknown, Sellers Discl. Avail

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Attached Garage: Yes
  • Parking Features: Accessible Parking

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Heating: Other
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: RED BUD DIST 132
  • Junior High Dist: RED BUD DIST 132
  • High School: Red Bud
  • Middle Or Junior School: RED BUD DIST 132

Lot Info

  • Lot Dimensions: 400x60
  • Lot Size Sq Ft: 8276
  • Parcel Number: 13-117-011-00

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1552

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2025
Closed on
Apr 17, 2025
Sold by
Mueller Terry A
Bought by
Wild Chloe
Seller's Agent
Brenda Chandler
Property Peddler, Inc
Buyer's Agent
Jena Gibbs
eXp Realty
List Price
$50,000
Sold Price
$37,000
Premium/Discount to List
-$13,000
-26%
Views
33
Current Estimated Value
$95,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,308
Avg. Annual Appreciation
173.63%
Original Mortgage
$56,950
Interest Rate
8%
Mortgage Type
Construction
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Administrators Deed $37,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $56,950 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2025 04/17/25 Sold $37,000 -7.5% $42 / Sq Ft
02/25/2025 02/25/25 Pending -- -- --
02/21/2025 02/21/25 Price Changed $40,000 -20.0% $46 / Sq Ft
02/07/2025 02/07/25 For Sale $50,000 +35.1% $57 / Sq Ft
02/07/2025 02/07/25 Off Market $37,000 -- --
Source: MARIS MLS

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 $2,100 $35,135 $6,095 $29,040
2023 $1,608 $32,895 $5,705 $27,190
2022 $1,447 $30,665 $5,320 $25,345
2021 $1,396 $29,360 $5,095 $24,265
2020 $1,428 $30,077 $5,221 $24,856
2019 $1,522 $28,775 $8,165 $20,610
2018 $1,501 $31,725 $9,002 $22,723
2017 $1,350 $27,540 $7,815 $19,725
2016 $1,255 $26,710 $7,580 $19,130
2015 $1,259 $26,315 $7,470 $18,845
2014 $1,259 $26,900 $7,635 $19,265
2013 $1,240 $26,900 $7,635 $19,265
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS25006643

MARIS MLS

APN: 13-117-011-00

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