J
Seller's Agent in 2025
Jessica McCune
Berkshire Hathaway Professional Realty
(937) 510-4081
9 in this area
14 Total Sales
404 E Madison Ave Unit 406 Springfield, OH 45503
6
Beds
2
Baths
3,232
Sq Ft
7,405
Sq Ft Lot
About This Home
As of October 2025This well-maintained duplex features two spacious 3-bedroom, 1-bath units, each currently rented on month-to-month leases at $900 per month. Together, the property produces $1,800 in monthly rental income with reliable tenants already in place. Both units offer generous layouts and strong rental appeal, making this an excellent choice for investors seeking immediate cash flow. The flexible month-to-month leases offer options to continue as is. Adjust rents, or explore owner-occupancy. Conveniently located near local amenities, this property offers a combination of stability and future potential.
Last Agent to Sell the Property
Berkshire Hathaway Professional Realty License #2024005589 Listed on: 09/10/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,968
Year Built
- Built in 1911
Parking
- No Garage
Home Design
- 3,232 Sq Ft Home
- Vinyl Siding
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Additional Features
- 7,405 Sq Ft Lot
- Heating System Uses Natural Gas
- Unfinished Basement
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 3400700035215023
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 10, 2025
Closed on
Oct 22, 2025
Sold by
Mccune Jessica and Mccune Corbin
Bought by
Ganesha Prime Management Llc
Seller's Agent
Jessica McCune
Berkshire Hathaway Professional Realty
Buyer's Agent
Kellee Markwell
Lagonda Creek Real Estate, LLC
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%
Views
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,597
Avg. Annual Appreciation
10.46%
Original Mortgage
$160,960
Outstanding Balance
$160,960
Interest Rate
6.35%
Mortgage Type
Construction
Estimated Equity
-$15,423
Purchase Details
Closed on
May 16, 2025
Sold by
Cornelison Brant P
Bought by
Mccune Corbin and Mclemore Jessica
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.62%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Sep 30, 2021
Sold by
Cornell Estates Llc
Bought by
Cornelison Brant P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,000
Interest Rate
3.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 22, 2006
Sold by
Miller Iva J and Miller Iva Joy
Bought by
Cornell Estates Llc
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $140,000 | None Listed On Document | |
| Deed | $545,000 | None Listed On Document | |
| Deed | $545,000 | None Listed On Document | |
| Warranty Deed | $294,600 | Cole Acton Harmon Dunn | |
| Warranty Deed | $44,100 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $160,960 | Construction | |
| Previous Owner | $450,000 | Credit Line Revolving | |
| Previous Owner | $366,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/22/2025 10/22/25 | Sold | $140,000 | -6.7% | $43 / Sq Ft |
| 09/25/2025 09/25/25 | Pending | -- | -- | -- |
| 09/22/2025 09/22/25 | For Sale | $150,000 | 0.0% | $46 / Sq Ft |
| 09/16/2025 09/16/25 | Pending | -- | -- | -- |
| 09/10/2025 09/10/25 | For Sale | $150,000 | -- | $46 / Sq Ft |
Source: Western Regional Information Systems & Technology (WRIST)
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 |
|---|---|---|---|---|
| 2025 | $2,644 | $61,680 | $7,070 | $54,610 |
| 2024 | $1,665 | $30,180 | $6,310 | $23,870 |
| 2023 | $1,665 | $30,180 | $6,310 | $23,870 |
| 2022 | $1,701 | $30,180 | $6,310 | $23,870 |
| 2021 | $1,309 | $23,820 | $4,550 | $19,270 |
| 2020 | $1,312 | $23,820 | $4,550 | $19,270 |
| 2019 | $1,315 | $23,820 | $4,550 | $19,270 |
| 2018 | $1,309 | $22,760 | $3,890 | $18,870 |
| 2017 | $1,308 | $31,574 | $3,885 | $27,689 |
| 2016 | $1,310 | $31,574 | $3,885 | $27,689 |
| 2015 | $1,336 | $31,574 | $3,885 | $27,689 |
| 2014 | $1,845 | $31,574 | $3,885 | $27,689 |
| 2013 | $1,826 | $31,574 | $3,885 | $27,689 |
Source: Public Records
Agents Affiliated with this Home
-
Jessica McCune
-
Kellee Markwell
Buyer's Agent in 2025
Kellee Markwell
Lagonda Creek Real Estate, LLC
(937) 360-3767
31 in this area
52 Total Sales
Map
Source: Western Regional Information Systems & Technology (WRIST)
MLS Number: 1041285
APN: 34-00700-03521-5023
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.
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