NOT LISTED FOR SALE

406 Laurel Ln Madison, IN 47250

Estimated Value: $287,827 - $379,000

3 Beds
2 Baths
1,872 Sq Ft
$170/Sq Ft Est. Value

Last Sold February 26, 2024

Last sale price $230,000 $123 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,881/month

131 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Patio

About This Home

As of February 2024

This beautiful 3 bedroom, 2 bath stone home is nestled on a peaceful cul-de-sac, this property exudes character and warmth. The interior is adorned with accent original stone walls that add a touch of rustic charm and create a unique atmosphere. The main bedroom offers a cozy window seat, 2 spacious closets, and a full bath. Second bedroom boasts a charming fireplace and built-in shelves, making it the perfect spot to unwind. It can also serve as a family room or versatile living space. Relax and soak in the natural beauty in the enclosed sunroom, which seamlessly connects to a spacious deck, ideal for enjoying sunny days and starry nights. The dining room features a large window overlooking the backyard, providing a picturesque backdrop for your dinners. One wall proudly displays the original stone, adding a touch of history. Step outside to your private oasis, complete with patio, a large backyard, making this area perfect for outdoor entertaining and relaxation. This home is a true gem, combining modern comfort with timeless beauty. Don't miss the chance to make it yours and live in a space that truly captures the essence of home. This home has been inspected prior to listing and no major defects have been identified. Hardwood floors under carpet in both bedrooms and living room. Green fridge in garage stays with home. Sink in cellar does not work.

Last Agent to Sell the Property

Jim Pruett

EXP Realty LLC License #191573 Listed on: 09/19/2023

EXP Realty LLC

Last Buyer's Agent

NON MEMBER

NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1830

Lot Details

  • 0.39

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Shingle Roof
  • Stone Siding

Interior Spaces

  • 1,872 Sq Ft Home
  • 1-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Miles Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 390823300068000007
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Year Built

Built in 1830

Lot Details

0

Parking

2

Listing Details

  • Cooling System: Central Air
  • Stories: 1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Garage Yn: Yes
  • Subdivision Name: Miles Ridge
  • Above Grade Finished Sq Ft: 1872.0
  • ResoBuildingAreaSource: Other
  • Dining Room Level: First
  • Rooms:Living Room5: Yes
  • Primary Bedroom Level: First
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Lot Description:Cul-De-Sac: Yes
  • Sewer:Public Sewer: Yes
  • Special Features: None

Interior Features

  • Basement: Cellar
  • Bedroom Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Other Level: First
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Other
  • Basement:Cellar: Yes

Exterior Features

  • Fencing: None
  • Roof: Shingle
  • Acres: 0.39
  • Construction Type: Other, Stone
  • Patio And Porch Features: Deck, Patio
  • Construction:Stone3: Yes
  • Patio And Porch Features:Deck2: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Driveway
  • GarageParking:Attached: Yes
  • Garageparkingdriveway: Yes

Utilities

  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 16988.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 390823300068000007
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1830

Tax Info

  • Tax Block: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2023
Closed on
Feb 26, 2024
Sold by
Mcgauley Elissa
Bought by
Hanson Kingsley K
Seller's Agent
Jim Pruett
EXP Realty LLC
Buyer's Agent
NON MEMBER
NON-MEMBER OFFICE
List Price
$285,000
Sold Price
$230,000
Premium/Discount to List
-$55,000
-19.3%
Views
346
Current Estimated Value
$318,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,207
Avg. Annual Appreciation
18.85%
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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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
Hanson Kingsley K $230,000 Madison Land Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2024 02/26/24 Sold $230,000 -8.0% $123 / Sq Ft
01/28/2024 01/28/24 Pending -- -- --
11/20/2023 11/20/23 Price Changed $250,000 -9.9% $134 / Sq Ft
10/20/2023 10/20/23 Price Changed $277,500 -2.6% $148 / Sq Ft
09/19/2023 09/19/23 For Sale $285,000 -- $152 / Sq Ft
Source: Metro Search, Inc.

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 $2,602 $260,200 $27,000 $233,200
2023 $2,443 $244,300 $27,000 $217,300
2022 $2,105 $210,500 $27,000 $183,500
2021 $1,949 $194,900 $27,000 $167,900
2020 $1,889 $188,900 $27,000 $161,900
2019 $1,898 $189,800 $27,000 $162,800
2018 $1,898 $189,800 $27,000 $162,800
2017 $1,665 $166,500 $27,000 $139,500
2016 $1,569 $156,900 $27,000 $129,900
2014 $1,571 $157,100 $27,000 $130,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro Search, Inc.

MLS Number: 1645600

Metro Search, Inc.

APN: 39-08-23-300-068-000-007