NOT LISTED FOR SALE

314 E 5th St Madison, IN 47250

Estimated Value: $140,864 - $214,000

2 Beds
1 Bath
1,167 Sq Ft
$152/Sq Ft Est. Value

Last Sold August 01, 2023

Last sale price $175,000 $150 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,028/month

2 Days on Market

Highlights

  • Corner Lot
  • First Floor Utility Room
  • Thermal Windows
  • Covered Patio or Porch
  • Fenced Yard
  • Eat-In Kitchen

About This Home

As of August 2023

One of the CUTEST homes in Historic downtown Madison, and you will have to see for yourself to believe the amount of space it offers! In this one-level, nicely updated home (incl. BRAND NEW METAL ROOF), there is a spacious Liv Rm, spacious BRs, and unbelievably large walk-in closets. Stepping out from the spacious laundry room leads to a covered back deck that overlooks the cute fenced backyard and quaint garden area. Situated at the end of the back deck is a storage area that adds even more great storage space. When you're not enjoying the cute backyard, you can enjoy sitting on the spacious covered front porch. A short walk to the wonderful downtown festivals and to a general store for any quick needed staples! The new storms doors and beautiful entry door, complete with keyless entry, adds to the charm of this home. The original hardwood floors have been refinished in the Liv Rm and kitchen to look so gorgeous, and they were even able to save a spot that had been repaired with a coffee can cover from 1937! - such wonderful historical features! And being situated on a corner gives opportunity for off-street parking from the alley - a rare benefit for downtown Madison!! Property taxes are low on this property, with Homestead and Mortgage exemptions - only $360/yr! Whether you're looking for a main residence, or weekend getaway- this could be the one!! The mailbox on front porch does NOT convey, and the seller would like to take starts from all of the perennials in the yard.

Last Agent to Sell the Property

Jackie Armel Greene

Coldwell Banker Harrell & Asso License #RB16000528 Listed on: 07/12/2023

Coldwell Banker Harrell & Asso

Last Buyer's Agent

OUTSIDE AGENT

OUTSIDE COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $362

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 32 x 60
  • Fenced Yard
  • Landscaped
  • Corner Lot

Parking

  • Off-Street Parking

Home Design

  • Stone Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,167 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Window Screens
  • First Floor Utility Room
  • Storage
  • Basement Cellar

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Gas Available
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 390835443109000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$362

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Additional Parking: Off Street
  • Annual Tax: 362
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Rock
  • Home Warranty Provided: American Headshield
  • Legal Description: 011-02837-00 LOT 28 CANBYS ADD N OF CITY 32' THENCE S 60 ' THENCE E 32' TO ALLEY , ETC. 11-108-27 314 E Fifth St
  • Lot Dimensions: 32 x 60
  • Out Buildings: Shed
  • Parcel Number: 390835443109000007
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total Finished Square Footage: 1167
  • Type: 1 Story
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 1167.00
  • Appliances: Range / Oven
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Added Storage, Eat-In Kitchen, Split Bedrooms, Walk-In Closet(s)
  • Sewer Type: Sewer
  • Total Sq Ft: 1167

Exterior Features

  • Exterior Features: Covered Patio, Fenced Yard, Landscaped, Patio, Porch, Public Sidewalk, Screens, Thermopane Windows, Vinyl Siding
  • Home Warranty: Yes
  • Road Frontage: 32

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Gas
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Lot Info

  • Lot Description: Corner Lot
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2023
Closed on
Aug 1, 2023
Sold by
Guy Randell D
Bought by
Franks Sandra
Seller's Agent
Jackie Armel Greene
Coldwell Banker Harrell & Asso
Buyer's Agent
OUTSIDE AGENT
OUTSIDE COMPANY
List Price
$199,900
Sold Price
$175,000
Premium/Discount to List
-$24,900
-12.46%
Views
231
Current Estimated Value
$177,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,466
Avg. Annual Appreciation
0.58%

Purchase Details

Listed on
Mar 7, 2013
Closed on
Dec 13, 2013
Sold by
Brown Rosalie
Bought by
Brown Sharon
Seller's Agent
Janice Lyon
Century 21 River Valley
Buyer's Agent
Sally Wurtz
Coldwell Banker Harrell & Asso
List Price
$63,500
Sold Price
$50,000
Premium/Discount to List
-$13,500
-21.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.88%
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
Franks Sandra $175,000 Madison Land Title
Brown Sharon $50,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2023 08/01/23 Sold $175,000 -12.5% $150 / Sq Ft
07/14/2023 07/14/23 Pending -- -- --
07/12/2023 07/12/23 For Sale $199,900 +299.8% $171 / Sq Ft
12/13/2013 12/13/13 Sold $50,000 -21.3% $44 / Sq Ft View Prior Sale
11/05/2013 11/05/13 Pending -- -- --
03/07/2013 03/07/13 For Sale $63,500 -- $56 / 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 $1,200 $60,000 $2,900 $57,100
2023 $465 $60,000 $2,900 $57,100
2022 $362 $55,100 $2,900 $52,200
2021 $307 $48,300 $2,900 $45,400
2020 $301 $48,300 $2,900 $45,400
2019 $970 $48,300 $2,900 $45,400
2018 $362 $48,300 $2,900 $45,400
2017 $350 $47,700 $2,900 $44,800
2016 $336 $47,700 $2,900 $44,800
2014 $1,004 $50,200 $3,000 $47,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202308932

Southern Indiana REALTORS® Association

APN: 39-08-35-443-109-000-007