NOT LISTED FOR SALE

405 E 2nd St Madison, IN 47250

Estimated Value: $150,000 - $237,000

2 Beds
1 Bath
1,552 Sq Ft
$128/Sq Ft Est. Value

Last Sold February 25, 2021

Last sale price $75,000 $48 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $1,306/month

17 Days on Market

Highlights

  • Formal Dining Room
  • Family Room
  • 3-minute walk to Fireman's Park
  • Forced Air Heating and Cooling System

About This Home

As of February 2021

Two story brick Federal perfectly located in Historic Downtown Madison. Take advantage of this rehab opportunity! Just two walking blocks to the Scenic Ohio River as well as walking distance to all of the events, shopping, and restaurants. Come down and see what this community has to offer!

Last Agent to Sell the Property

Maxwell Lynch

F.C. Tucker/Scott Lynch Group License #RB19001311 Listed on: 12/18/2020

F.C. Tucker/Scott Lynch Group

Last Buyer's Agent

Maxwell Lynch

F.C. Tucker/Scott Lynch Group License #RB19001311 Listed on: 12/18/2020

F.C. Tucker/Scott Lynch Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,416

Year Built

  • Built in 1900

Lot Details

  • 1,307 Sq Ft Lot
  • Property is zoned Historic District

Home Design

  • Stone Foundation

Interior Spaces

  • 1,552 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Family Room
  • Formal Dining Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 391302131067000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,416

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Improvements: 68800
  • Annual Tax: 1416
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Rock
  • Land Assessment: 2000
  • Legal Description: 011-03980-00 LOT 84 18 BY 84 FT O T 11-129-33 405 E SECOND ST
  • Numof Fireplaces: 1
  • Parcel Number: 391302131067000007
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 70800
  • Total Finished Square Footage: 1552
  • Type: 2 Story
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Unfinished
  • Above Grade Finished Sq Ft: 1552.00
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Fireplace: Decorative
  • Interior Amenities: Family Room, Formal Dining Rm
  • Lot Sq Ft: 1306.80
  • Room Count: 7
  • Sewer Type: Sanitary Onsite
  • Total Sq Ft: 1552
  • Total Rooms: 6

Utilities

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

Lot Info

  • Acres: 0.0300
  • Zoning: Residential, Historic District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2020
Closed on
Feb 25, 2021
Sold by
Sauer and Kristian
Bought by
Barkman Corrie K Buchinsky Jacquelyn B
Seller's Agent
Maxwell Lynch
F.C. Tucker/Scott Lynch Group
Buyer's Agent
Maxwell Lynch
F.C. Tucker/Scott Lynch Group
List Price
$99,000
Sold Price
$75,000
Premium/Discount to List
-$24,000
-24.24%
Current Estimated Value
$197,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,916
Avg. Annual Appreciation
24.86%
Source: Public Records

Range of Values:

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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
Barkman Corrie K Buchinsky Jacquelyn B $75,000 Madison Land Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2021 02/25/21 Sold $75,000 -24.2% $48 / Sq Ft
01/04/2021 01/04/21 Pending -- -- --
12/18/2020 12/18/20 For Sale $99,000 -- $64 / 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 $2,554 $127,700 $2,000 $125,700
2023 $2,396 $119,800 $2,000 $117,800
2022 $1,530 $76,500 $2,000 $74,500
2021 $1,460 $73,000 $2,000 $71,000
2020 $1,416 $70,800 $2,000 $68,800
2019 $1,416 $70,800 $2,000 $68,800
2018 $1,644 $82,200 $2,000 $80,200
2017 $1,630 $81,500 $2,000 $79,500
2016 $1,630 $81,500 $2,000 $79,500
2014 $1,350 $67,500 $1,600 $65,900
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Maxwell Lynch

    F.C. Tucker/Scott Lynch Group

    (812) 801-6284

    21 Total Sales

    Maxwell Lynch
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2020012543

Southern Indiana REALTORS® Association

APN: 39-13-02-131-067-000-007

Indiana Jefferson County Madison 47250

405 E 2nd St, Madison, IN

This home is located at 405 E 2nd St, Madison, IN 47250 since 18 December 2020 and is currently estimated at $197,916, approximately $127 per square foot. This property was built in 1900. 405 E 2nd St is a home located in Jefferson County with nearby schools including Madison Consolidated High School and Grace Baptist 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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