NOT LISTED FOR SALE

403 N Madison St Sullivan, IL 61951

Estimated Value: $163,379 - $190,000

3 Beds
1.5 Baths
1,620 Sq Ft
$108/Sq Ft Est. Value

Last Sold August 04, 2021

Last sale price $155,000 $96 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,250/month

Highlights

  • 2 Car Attached Garage
  • 1-Story Property
  • 5-minute walk to Sullivan City Park

About This Home

As of August 2021

FSBO

Last Agent to Sell the Property

Non Member

NON MEMBER Listed on: 08/04/2021

Last Buyer's Agent

Dana Price

KELLER WILLIAMS-TREC License #475174755

KELLER WILLIAMS-TREC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,506

Year Built

  • Built in 1946

Lot Details

  • 10,019 Sq Ft Lot
  • Property is zoned SINGL

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,620 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Community Details

  • Freelands 3Rd Add Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,506

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Freelands 3rd Add
  • Year Built: 1946
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Legal Description: LOT 7,8 BLK 2 FREELANDS 3RD ADD; LOT-100 X 100; 9-24-07 07D-588
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Other
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: First Floor Laundry, First Floor Bedroom
  • LivingArea: 1620
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 1620
  • Basement Description: Crawl
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1620
  • Main Level Sq Ft: 1620
  • Bathroom: None
  • ResoLivingAreaSource: Assessor
  • MRD_MasterBathYN: No

Exterior Features

  • Foundation Details: Other
  • List Price: 155000
  • Roof: Other
  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Other
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Other
  • Cooling: Other
  • Heating: Other
  • Water Source: Other

Schools

  • Middle/Junior School District: 300

Lot Info

  • Lot Size Acres: 0.23
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre

Rental Info

  • Board Number: 26

Tax Info

  • Tax Annual Amount: 2506
  • Tax Year: 2019
  • Tax Exemptions: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2021
Closed on
Aug 3, 2021
Sold by
Lane Ronald M and Lane Connie
Bought by
Selby Nathan
Seller's Agent
Non Member
NON MEMBER
Buyer's Agent
Dana Price
KELLER WILLIAMS-TREC
List Price
$155,000
Sold Price
$155,000
Current Estimated Value
$166,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,488
Avg. Annual Appreciation
3.08%
Original Mortgage
$158,565
Outstanding Balance
$143,744
Interest Rate
2.25%
Mortgage Type
VA
Estimated Equity
$31,351

Purchase Details

Closed on
Sep 26, 2007
Sold by
First National Bank Of Sullivan
Bought by
Lane Ronald M and Lane Connie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,588
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2007
Sold by
Vandeursen David K and Van Deursen Colleen L
Bought by
First National Bank Of Sullivan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,044
Interest Rate
6.27%
Mortgage Type
Construction
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
Selby Nathan $155,000 None Available
Lane Ronald M $120,000 None Available
First National Bank Of Sullivan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Selby Nathan $158,565
Previous Owner Lane Ronnie M $139,978
Previous Owner Lane Ronald M $120,588
Previous Owner Vandeursen David K $66,044
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2021 08/04/21 Sold $155,000 0.0% $96 / Sq Ft
08/04/2021 08/04/21 Pending -- -- --
08/04/2021 08/04/21 For Sale $155,000 -- $96 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $4,070 $49,984 $2,896 $47,088
2023 $3,776 $46,929 $2,719 $44,210
2022 $3,284 $41,658 $6,004 $35,654
2021 $2,715 $34,783 $5,708 $29,075
2020 $2,591 $33,400 $5,481 $27,919
2019 $2,506 $32,813 $5,385 $27,428
2018 $2,801 $35,869 $2,727 $33,142
2017 $2,814 $35,730 $2,717 $33,013
2016 $2,950 $35,809 $2,723 $33,086
2015 $2,891 $35,110 $2,670 $32,440
2014 -- $33,710 $2,740 $30,970
2013 -- $33,710 $2,740 $30,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11503562

Midwest Real Estate Data (MRED)

APN: 08-08-02-234-005