NOT LISTED FOR SALE

404 Madison St Arcadia, IN 46030

Estimated Value: $255,000 - $291,000

3 Beds
2 Baths
1,551 Sq Ft
$173/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $196,000 $126 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,543/month

20 Days on Market

Highlights

  • Above Ground Pool
  • Traditional Architecture
  • No HOA
  • Mature Trees
  • Corner Lot
  • Formal Dining Room

About This Home

As of June 2021

This is a great home that has been greatly improved. potential for 2 or three lots and a great location near downtown ArcadiaAbove ground Pool and shed stay. Excellent kitchen with center Island, upgraded bathrooms. A very well kept home. Wonderful first floor bedroom not often found in a two story older home. Yard is in very good condition and pool works great.

Last Agent to Sell the Property

Tom Lazzara

Lazzara Real Estate Listed on: 05/03/2021

Last Buyer's Agent

David Ongley

Berkshire Hathaway Home

Berkshire Hathaway Home

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,708

Year Built

  • Built in 1900

Lot Details

  • 0.4 Acre Lot
  • Corner Lot
  • Mature Trees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Paddle Fans
  • Electric Fireplace
  • Window Screens
  • Family Room with Fireplace
  • Formal Dining Room
  • Crawl Space

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Above Ground Pool
  • Shed
  • Storage Shed

Utilities

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

Community Details

  • No Home Owners Association
  • Arcadia Land & Improv Co Subdivision

Listing and Financial Details

  • Tax Lot 98/97
  • Assessor Parcel Number 290224204049000009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,708

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1900
  • Building Area Total: 1551
  • Garage Y N: No
  • Lot Size Acres: 0.4
  • Subdivision Name: Arcadia Land & Improv Co
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: tom@tomlazzara.com
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Basement Type: Crawl Space
  • Appliances: Dishwasher, Microwave, Electric Oven, Gas Water Heater
  • Levels: Two
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Electric, Family Room
  • Fireplaces: 1
  • Interior Amenities: Screens Some, Paddle Fan, Center Island
  • Living Area: 1551
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 936
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 615
  • SqFt Total: 1551

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Barn Storage, Storage Shed
  • Fencing: Partial
  • Pool Features: Above Ground

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Corner Lot, Sidewalks, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 12800
  • Parcel Number: 290224204049000009
  • Acres: 1/4-1/2 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1708
  • Tax Lot: 98/97
  • Semi Annual Property Tax Amt: 854
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2021
Closed on
Jul 6, 2021
Sold by
Burns Jacob D
Bought by
Gamblin Jocelyn Marie
Seller's Agent
Tom Lazzara
Lazzara Real Estate
Buyer's Agent
David Ongley
Berkshire Hathaway Home
List Price
$209,900
Sold Price
$196,000
Premium/Discount to List
-$13,900
-6.62%
Current Estimated Value
$268,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,917
Avg. Annual Appreciation
7.25%
Original Mortgage
$200,508
Outstanding Balance
$181,139
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$87,778

Purchase Details

Listed on
May 3, 2021
Closed on
Jun 30, 2021
Sold by
Burns Jacob D
Bought by
Gamblin Jocelyn Marie
Seller's Agent
Tom Lazzara
Lazzara Real Estate
Buyer's Agent
David Ongley
Berkshire Hathaway Home
List Price
$209,900
Sold Price
$196,000
Premium/Discount to List
-$13,900
-6.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,508
Outstanding Balance
$181,139
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$87,778

Purchase Details

Listed on
Aug 20, 2020
Closed on
Nov 10, 2020
Sold by
Hopper Dennis
Bought by
Burns Jacob D
Seller's Agent
Jeanne Hutcherson
CENTURY 21 Scheetz
Buyer's Agent
Tammy Venable
Compass Indiana, LLC
List Price
$189,000
Sold Price
$180,000
Premium/Discount to List
-$9,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.23%
Original Mortgage
$176,739
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 13, 2005
Sold by
Reynolds Willie F
Bought by
Watson Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,976
Interest Rate
5.8%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 3, 2005
Sold by
Watson Ray
Bought by
Hopper Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,976
Interest Rate
5.8%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 18, 2005
Sold by
Reynolds Willie F
Bought by
Watson Ray
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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Purchase History

Date Buyer Sale Price Title Company
Gamblin Jocelyn Marie -- Ata National Title Group
Gamblin Jocelyn Marie $196,000 Ata Natl Ttl Group Of In Llc
Burns Jacob D -- Mtc
Watson Ray -- --
Hopper Dennis -- --
Watson Ray $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gamblin Jocelyn Marie $200,508
Closed Gamblin Jocelyn Marie $200,508
Previous Owner Burns Jacob D $176,739
Previous Owner Watson Ray $10,976
Previous Owner Hopper Dennis $98,784
Closed Watson Ray $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2021 06/30/21 Sold $196,000 -6.6% $126 / Sq Ft
05/23/2021 05/23/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $209,900 +16.6% $135 / Sq Ft
11/10/2020 11/10/20 Sold $180,000 -2.4% $116 / Sq Ft View Prior Sale
10/11/2020 10/11/20 Pending -- -- --
10/05/2020 10/05/20 Price Changed $184,500 -1.9% $119 / Sq Ft
09/25/2020 09/25/20 Price Changed $188,000 -0.5% $121 / Sq Ft
08/20/2020 08/20/20 For Sale $189,000 -- $122 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $1,644 $179,600 $59,400 $120,200
2023 $1,729 $158,800 $59,400 $99,400
2022 $1,679 $151,100 $44,600 $106,500
2021 $1,445 $135,300 $44,600 $90,700
2020 $1,406 $131,500 $44,600 $86,900
2019 $1,317 $122,400 $23,800 $98,600
2018 $1,337 $122,400 $23,800 $98,600
2017 $1,148 $109,500 $23,800 $85,700
2016 $1,254 $117,000 $23,800 $93,200
2014 $1,109 $112,200 $22,800 $89,400
2013 $1,109 $115,900 $22,800 $93,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21782766

MIBOR Broker Listing Cooperative®

APN: 29-02-24-204-049.000-009