NOT LISTED FOR SALE

3500 E Thornton Rd Madison, IN 47250

Estimated Value: $200,000

50.25 Acres
$3,980 Price per Acre
2,188,890 Sq Ft Lot

Last Sold June 13, 2024

Last sale price $260,000

Est. 23% decrease in value since last sale

Current estimated payment $1,202/month

121 Days on Market

Highlights

  • Lake Front
  • 50.25 Acre Lot
  • Corner Lot
  • Barn
  • Pond
  • Silo

About This Lot

As of June 2024

Excellent opportunity! Expansive vacant land offering a perfect blend of wooded and tillable acreage surrounding a nice lake. This is a nature lovers paradise. The picturesque landscape includes a barn and four grain silos, adding both charm and potential. Imagine the possibilities for your dream estate, agricultural pursuits, or a peaceful retreat. Seize this chance to own a piece of the countryside with so many possibilities.

Last Agent to Sell the Property

Clint Novak

Semonin REALTORS License #RB16001478 Listed on: 01/25/2024

Semonin REALTORS

Last Buyer's Agent

Clint Novak

Semonin REALTORS License #RB16001478 Listed on: 01/25/2024

Semonin REALTORS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,561

Lot Details

  • 50.25 Acre Lot
  • Lake Front
  • Corner Lot
  • Property is zoned Agri/ Residential, Agriculture

Outdoor Features

  • Access To Lake
  • Pond

Farming

  • Barn
  • Silo

Additional Features

  • Lake Views
  • The lake is a source of water for the property

Listing and Financial Details

  • Assessor Parcel Number 390217000002001013

Property Details

Property Type

Land

Est. Annual Taxes

$1,561

Lot Details

0

Listing Details

  • Improvements: 26200
  • Additional Assessor Parcel Numbers: 390217000002000013
  • Annual Tax: 1561
  • Electricity On Property: Yes
  • Land Assessment: 63800
  • Legal Description: See agent remarks for legal description.
  • Out Buildings: Barn(s), Silo
  • Parcel Number: 390217000002001013
  • Property Type: Vacant Land
  • Total: 90000
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Lot Sq Ft: 2188890.00

Exterior Features

  • Road Frontage: 2396'

Utilities

  • Water: Lake, Pond
  • Water Type: Public Available

Lot Info

  • Acres: 50.2500
  • Lot Description: Corner Lot, Lake Access, Lake Frontage, Lake View
  • Tillable Acreage: 15
  • Zoning: Residential, Agri/ Residential, Agriculture

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2024
Closed on
Jun 13, 2024
Sold by
Cyrus Maryjoy Palomar
Bought by
Romoser Patrick Joseph
Seller's Agent
Clint Novak
Semonin REALTORS
Buyer's Agent
Clint Novak
Semonin REALTORS
List Price
$290,000
Sold Price
$260,000
Premium/Discount to List
-$30,000
-10.34%
Views
211
Current Estimated Value
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$60,000
Avg. Annual Appreciation
-18.15%

Purchase Details

Closed on
May 25, 2018
Bought by
Daugherty Calvin M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Romoser Patrick Joseph $260,000 Momentum Title Agency, Llc
Daugherty Calvin M $230,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2024 06/13/24 Sold $260,000 -5.5% --
05/25/2024 05/25/24 Pending -- -- --
03/06/2024 03/06/24 Price Changed $275,000 -5.2% --
01/25/2024 01/25/24 For Sale $290,000 -- --
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 $1,648 $88,000 $60,400 $27,600
2023 $1,520 $79,500 $53,300 $26,200
2022 $1,371 $71,900 $45,800 $26,100
2021 $1,235 $63,700 $41,800 $21,900
2020 $1,196 $62,800 $41,600 $21,200
2019 $1,765 $159,800 $60,200 $99,600
2018 $2,777 $161,100 $61,500 $99,600
2017 $1,701 $162,000 $68,100 $93,900
2016 $1,646 $165,000 $71,100 $93,900
2014 $1,582 $160,900 $73,600 $87,300
Source: Public Records

Agents Affiliated with this Home

  • Clint Novak

    Seller's Agent in 2024

    Clint Novak

    Semonin Realty

    (812) 267-1566

    37 Total Sales

    Clint Novak
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202405482

Southern Indiana REALTORS® Association

APN: 39-02-17-000-002-000-013

Indiana Jefferson County Madison 47250

3500 E Thornton Rd, Madison, IN

This home is located at 3500 E Thornton Rd, Madison, IN 47250 since 25 January 2024 and is currently estimated at $200,000. 3500 E Thornton Rd is a home located in Jefferson County with nearby schools including Madison Consolidated High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southern Indiana REALTORS® Association IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.

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