NOT LISTED FOR SALE

407 E Main St Madison, IN 47250

Estimated Value: $178,602 - $209,000

2 Beds
1 Bath
876 Sq Ft
$217/Sq Ft Est. Value

Last Sold June 05, 2020

Last sale price $125,000 $143 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,120/month

2 Days on Market

Highlights

  • City Lights View
  • First Floor Utility Room
  • 1-Story Property
  • Covered Patio or Porch
  • Formal Dining Room
  • Forced Air Heating and Cooling System

About This Home

As of June 2020

Charming cottage located in Historic Downtown Madison! Location is everything! Enjoy the open side porch to take in the sites of Main Street. The secluded outdoor garden sitting area is perfect to enjoy peace and quiet. This 1 or 2 bedroom, 1 bath cottage offers a formal sitting, family and dining room. This home would is perfect for a single person, couple, vacation, Airbnb, or rental. Cute & Cozy! Call today for details!

Last Agent to Sell the Property

John Dietrich

F.C. Tucker/Scott Lynch Group License #RB14039462 Listed on: 05/11/2020

F.C. Tucker/Scott Lynch Group

Last Buyer's Agent

Patrick Lynch

F.C. Tucker/Scott Lynch Group License #RB14022524

F.C. Tucker/Scott Lynch Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,314

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot
  • Historic Home
  • Property is zoned Historic District

Home Design

  • Stone Foundation
  • Frame Construction

Interior Spaces

  • 876 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Blinds
  • Formal Dining Room
  • First Floor Utility Room
  • City Lights Views
  • Crawl Space
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Gas Available
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 391302124039000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,314

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Annual Tax: 1314
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Rock
  • Legal Description: 011-03849-00 21.4 FT BY 137.3 FT LOT 51 O T 11-127-100 407 E. MAIN
  • Numof Fireplaces: 1
  • Parcel Number: 391302124039000007
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 876
  • Type: 1 Story, Historical
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Crawl Space
  • Above Grade Finished Sq Ft: 876.00
  • Appliances: Clothes Dryer, Clothes Washer, Range / Oven, Refrigerator
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Fireplace: Gas Burning
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Bath Master, Blinds, Cable Wired, Formal Dining Rm
  • Lot Sq Ft: 1742.40
  • Sewer Type: Sanitary Onsite
  • Total Sq Ft: 876

Exterior Features

  • Exterior Features: Covered Porch, Public Sidewalk

Utilities

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

Lot Info

  • Acres: 0.0400
  • Lot Description: City Lights View
  • Zoning: Residential, Historic District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2020
Closed on
Jun 5, 2020
Sold by
Fultz Douglas
Bought by
Haggerty Robert and Haggerty Kathleen
Seller's Agent
John Dietrich
F.C. Tucker/Scott Lynch Group
Buyer's Agent
Patrick Lynch
F.C. Tucker/Scott Lynch Group
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$190,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,151
Avg. Annual Appreciation
7.84%

Purchase Details

Closed on
Oct 21, 2016
Sold by
Dimmick Karen A
Bought by
Fultz Fultz and Fultz Annette A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Haggerty Robert $125,000 --
Fultz Fultz $89,000 Hamilton National Title Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2020 06/05/20 Sold $125,000 0.0% $143 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
05/11/2020 05/11/20 For Sale $125,000 -- $143 / 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 $1,474 $73,700 $2,400 $71,300
2023 $1,474 $73,700 $2,400 $71,300
2022 $1,488 $74,400 $2,400 $72,000
2021 $1,314 $65,700 $2,400 $63,300
2020 $1,314 $65,700 $2,400 $63,300
2019 $1,314 $65,700 $2,400 $63,300
2018 $1,374 $68,700 $2,400 $66,300
2017 $1,358 $67,900 $2,400 $65,500
2016 $1,358 $67,900 $2,400 $65,500
2014 $1,630 $81,500 $2,800 $78,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202007670

Southern Indiana REALTORS® Association

APN: 39-13-02-124-039-000-007