NOT LISTED FOR SALE

311 NE Madison Ave Elkhart, IA 50073

Estimated Value: $321,000 - $328,106

3 Beds
2.5 Baths
1,746 Sq Ft
$186/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $285,000 $163 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,209/month

Highlights

  • Deck
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • North Polk Central Elementary School Rated A-
  • Luxury Vinyl Plank Tile Flooring
  • Ceiling Fan

About This Home

As of March 2022

Built in 2020, this home is essentially new construction with some extra features the current owners have added over the last year! The home boasts 1746 square feet of living space and you're gonna love the open floor plan and vaulted ceiling in the living room. The main floor laundry and mudroom is a great feature as well. Upstairs you'll find 2 good sized bedrooms in addition to the large master suite. The basement is just waiting to be finished as a 4th bedroom or rec room and already has the egress window installed. Let the kids or pets play outside without worry as the owners have added a fence for the backyard. With quick access to Ames, Ankeny, and Des Moines, this property is centrally located in a quiet neighborhood, but close to everything you need. Come take a look at this home in a great new development in Elkhart today!

Last Agent to Sell the Property

Tony McFarland

Friedrich Iowa Realty License #S62628 Listed on: 02/04/2022

Last Buyer's Agent

Traci Jennings

RE/MAX REAL ESTATE CENTER License #S39814

RE/MAX REAL ESTATE CENTER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,296

Year Built

  • Built in 2020

Lot Details

  • 8,487 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Poured Concrete
  • Wood Trim
  • Vinyl Construction Material

Interior Spaces

  • 1,746 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Laundry on main level

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 211/00176-200-046

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,296

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Road Frontage Type: Maintained
  • Above Grade Finished Sq Ft: 733.0
  • Architectural Style: 2 Story
  • Garage Yn: Yes
  • Year Built: 2020
  • Foundation:Poured: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Central Air: Yes
  • Water Heater:Gas: Yes
  • Floor:Carpet: Yes
  • Features:Main Floor Laundry2: Yes
  • Features:Sump Pump2: Yes
  • Features:Deck-Wood: Yes
  • Exterior:Vinyl: Yes
  • Features:Ceiling Fan(s): Yes
  • Exterior Features Fence: Yes
  • Floor:Luxury Vinyl: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Has Basement: Full, Unfinished, Sump Pump
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Luxury Vinyl, Carpet
  • Interior Amenities: Ceiling Fan(s)
  • Basement:Full2: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Basement:Unfinished2: Yes
  • Interior Trim:Wood11: Yes

Exterior Features

  • Fencing: Fenced
  • Construction Type: Vinyl
  • Foundation Details: Poured
  • Patio And Porch Features: Deck-Wood

Garage/Parking

  • General Information:Garage Type2: Attached
  • General Information:Garage Capacity: 2 Car

Utilities

  • Laundry Features: Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: North Polk

Lot Info

  • Lot Size Sq Ft: 8487.0
  • Parcel #: 211/00176-200-046
  • Zoning: Residential
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2022
Closed on
Mar 14, 2022
Sold by
Peterson Hannah E and Peterson Andrew D
Bought by
Marotz Jordan and Marotz Matthew
Seller's Agent
Tony McFarland
Friedrich Iowa Realty
Buyer's Agent
Traci Jennings
RE/MAX REAL ESTATE CENTER
List Price
$269,000
Sold Price
$285,000
Premium/Discount to List
$16,000
5.95%
Current Estimated Value
$325,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,027
Avg. Annual Appreciation
3.91%
Original Mortgage
$276,450
Outstanding Balance
$259,020
Interest Rate
3.85%
Mortgage Type
Balloon
Estimated Equity
$66,007

Purchase Details

Listed on
Aug 3, 2020
Closed on
Dec 17, 2020
Sold by
Greenland Homes Incorporated
Bought by
Peterson Hannah E and Larson Andrew D
Seller's Agent
Tammy Heckart
RE/MAX Concepts-Ankeny
Buyer's Agent
Sarah Friedrich
Friedrich Iowa Realty
List Price
$235,000
Sold Price
$242,000
Premium/Discount to List
$7,000
2.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.74%
Original Mortgage
$233,530
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2020
Sold by
Kimberley Development Corporation
Bought by
Greenland Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,400
Interest Rate
3.74%
Mortgage Type
Construction
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
Marotz Jordan $285,000 None Listed On Document
Peterson Hannah E $242,000 None Available
Greenland Homes Inc $47,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marotz Jordan $276,450
Previous Owner Peterson Hannah E $233,530
Previous Owner Greenland Homes Inc $278,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2022 03/25/22 Sold $285,000 +5.9% $163 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $269,000 +11.2% $154 / Sq Ft
12/18/2020 12/18/20 Sold $242,000 +3.0% $168 / Sq Ft
11/02/2020 11/02/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $235,000 -- $163 / Sq Ft
Source: Central Iowa Board of REALTORS®

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 $5,296 $281,600 $64,900 $216,700
2023 $5,374 $281,600 $64,900 $216,700
2022 $5,116 $241,100 $56,900 $184,200
2021 $10 $234,500 $56,900 $177,600
2020 $10 $420 $420 $0
2019 $8 $420 $420 $0
Source: Public Records

Agents Affiliated with this Home

  • Tony McFarland

    Seller's Agent in 2022

    Tony McFarland

    Friedrich Iowa Realty

    (712) 333-4516

    260 Total Sales

    Tony McFarland
    Section Image
  • Traci Jennings

    Buyer's Agent in 2022

    Traci Jennings

    RE/MAX

    (515) 291-8720

    922 Total Sales

    Traci Jennings
    Section Image
  • Tammy Heckart

    Seller's Agent in 2020

    Tammy Heckart

    RE/MAX

    (515) 599-8807

    1,352 Total Sales

    Tammy Heckart
    Section Image

  • S

    Buyer's Agent in 2020

    Sarah Friedrich

    Friedrich Iowa Realty

    (515) 232-6175

    7 Total Sales

    Sarah Friedrich
    Section Image
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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 59347

APN: 211/00176-200-046

Iowa Polk County Elkhart 50073

311 NE Madison Ave, Elkhart, IA

This home is located at 311 NE Madison Ave, Elkhart, IA 50073 since 04 February 2022 and is currently estimated at $325,027, approximately $186 per square foot. This property was built in 2020. 311 NE Madison Ave is a home located in Polk County with nearby schools including North Polk Central Elementary School, North Polk West Elementary School, and North Polk Middle School.

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