NOT LISTED FOR SALE

418 E Main St Madison, IN 47250

Estimated Value: $291,000 - $372,000

3 Beds
2 Baths
2,390 Sq Ft
$131/Sq Ft Est. Value

Last Sold March 04, 2024

Last sale price $280,000 $117 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,744/month

5 Days on Market

Highlights

  • Den
  • Formal Dining Room
  • 2 Car Detached Garage
  • Covered Patio or Porch
  • Fenced Yard
  • Eat-In Kitchen

About This Home

As of March 2024

New on market! Hard to find one level duplex in historic downtown Madison with a 2 story brick carriage house/garage in the rear. This offering consists of 2400 total square feet. 418 offers 2 bedrooms and 1 bath; 420 offers 1 bedroom and 1 bath. Beautiful fenced back yard with additional off street parking. Great location!

Last Agent to Sell the Property

Scott Lynch

F.C. Tucker/Scott Lynch Group License #RB14019761 Listed on: 02/07/2024

F.C. Tucker/Scott Lynch Group

Last Buyer's Agent

Scott Lynch

F.C. Tucker/Scott Lynch Group License #RB14019761 Listed on: 02/07/2024

F.C. Tucker/Scott Lynch Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,019

Year Built

  • Built in 1900

Lot Details

  • 8,276 Sq Ft Lot
  • Fenced Yard

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Stone Foundation

Interior Spaces

  • 2,390 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Formal Dining Room
  • Den
  • Basement
  • Basement Cellar

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 391302124051000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,019

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Improvements: 157500
  • Additional Parking: Off Street
  • Annual Tax: 1019
  • Appointment: Not Needed
  • Construction: Existing
  • Foundation: Rock
  • Land Assessment: 7800
  • Legal Description: 011-03953-00 PT LOT 66 O T BEG 50FT W OF NE COR SIDE LOT THENCE 168 FT & E SAM E 25' BY 53' LOT 65 O T 11-129-6
  • Numof Fireplaces: 1
  • Out Buildings: Garage
  • Parcel Number: 391302124051000007
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 165300
  • Total Deduction Amnt: 108920
  • Total Finished Square Footage: 2390
  • Type: 1 Story
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 2390.00
  • Appliances: Dishwasher, Disposal, Garage Door Opener, Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Fireplace: Decorative
  • Interior Amenities: Den/Office, Eat-In Kitchen, Formal Dining Rm
  • Lot Sq Ft: 8276.40
  • Room Count: 12
  • Sewer Type: Sewer
  • Total Sq Ft: 2390
  • Total Rooms: 10

Exterior Features

  • Exterior Features: Covered Porch, Fenced Yard, Porch

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air, Window A/C Unit(s)
  • Fuel Type: Electric
  • Heat Type: Forced Air, Hot Water
  • Water Type: Public Onsite

Schools

  • School District: Madison Cons.

Lot Info

  • Acres: 0.1900
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2024
Closed on
Feb 29, 2024
Sold by
Green James D
Bought by
Watkins Deborah
Seller's Agent
Scott Lynch
F.C. Tucker/Scott Lynch Group
Buyer's Agent
Scott Lynch
F.C. Tucker/Scott Lynch Group
List Price
$299,900
Sold Price
$280,000
Premium/Discount to List
-$19,900
-6.64%
Views
64
Current Estimated Value
$312,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,442
Avg. Annual Appreciation
6.00%
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
Watkins Deborah $280,000 Madison Land Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2024 03/04/24 Sold $280,000 -6.6% $117 / Sq Ft
02/12/2024 02/12/24 Pending -- -- --
02/07/2024 02/07/24 For Sale $299,900 -- $125 / 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 $1,060 $165,300 $7,800 $157,500
2023 $1,039 $165,300 $7,800 $157,500
2022 $1,019 $154,800 $7,800 $147,000
2021 $999 $141,600 $7,800 $133,800
2020 $980 $136,400 $7,800 $128,600
2019 $960 $136,400 $7,800 $128,600
2018 $942 $136,400 $7,800 $128,600
2017 $923 $135,200 $7,800 $127,400
2016 $905 $135,200 $7,800 $127,400
2014 $870 $126,300 $9,300 $117,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202405750

Southern Indiana REALTORS® Association

APN: 39-13-02-124-051-000-007