$65,000
SOLD JAN 31, 2025

418 Madison St Red Bud, IL 62278

2 Beds
1 Bath
1,100 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$59 Per Sq Ft

28% Below List Price

131 Days on Market

Highlights

  • Traditional Architecture
  • Cooling Available
  • 1-Story Property
  • Red Bud High School Rated 9+
  • Accessible Parking
  • Forced Air Heating System

About This Home

As of January 2025

Charming 2-bedroom home located in the heart of Red Bud! This cozy property is almost move-in ready and just needs a little TLC to become the perfect home or investment opportunity. With a spacious kitchen, newer flooring throughout, and a recently updated bathroom vanity, much of the work has already been done for you. The second large bedroom upstairs is ready for your finishing touches, offering additional potential to customize the space to your liking. Enjoy the convenience of main floor laundry and a generously sized yard—perfect for outdoor activities. Don't miss this fantastic opportunity to own a home in Red Bud at an incredibly affordable price. Whether you're a first-time homebuyer or an investor looking for your next project, this home is full of possibilities!

Last Agent to Sell the Property

Brittney Litteken

Homes By Janell License #471.022564 Listed on: 08/28/2024

Co-Listed By

Janell Schmittling

Homes By Janell License #471.020450

Last Buyer's Agent

Brenda Chandler

Property Peddler, Inc License #475162275

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,506

Year Built

  • Built in 1895

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Basement Cellar

Accessible Home Design

  • Accessible Parking

Schools

  • Red Bud Dist 132 Elementary And Middle School
  • Red Bud High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 13-084-003-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,506

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1895
  • Property Sub-Type: Residential
  • ResoLotFeatures: Level Lot
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: MARHBJN01
  • Co List Office Phone: 7262242
  • Co List Office Phone: 7262242
  • Subdivision Name: Charles Phillips 3rd Add
  • Above Grade Finished Sq Ft: 1100
  • Architectural Style: Traditional
  • Carport Y N: No
  • Reso Fireplace Features: None
  • Unit Levels: One
  • Age: 130
  • Special Areas: Main Floor Laundry
  • Style Description: Ranch
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Cellar, Partial
  • Interior Amenities: Some Wood Floors
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Main Level Bathrooms: 1
  • Fireplace Location: None

Beds/Baths

  • Bedroom Description: Main Floor Primary

Exterior Features

  • Pool Private: No
  • Waterfront: No
  • Disclosures: Unknown, Flood Plain No, Sellers Discl. Avail
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Accessible Parking, Off Street
  • Driveway: Gravel,Other

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: RED BUD DIST 132
  • Junior High Dist: RED BUD DIST 132
  • High School: Red Bud
  • Middle Or Junior School: RED BUD DIST 132

Lot Info

  • Lot Dimensions: 0
  • Lot Size Sq Ft: 6970
  • Parcel Number: 13-084-003-00

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1506
  • Prop Asses Cty Tx: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2024
Closed on
Jan 31, 2025
Sold by
Marla A Thorpe Revocable Trust and Thorpe Marla A
Bought by
Kimberlin Anthony and Kimberlin Johanna
Seller's Agent
Brittney Litteken
Homes By Janell
Buyer's Agent
Brenda Chandler
Property Peddler, Inc
List Price
$90,000
Sold Price
$65,000
Premium/Discount to List
-$25,000
-27.78%
Views
111
Current Estimated Value
$98,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,080
Avg. Annual Appreciation
55.64%
Original Mortgage
$69,500
Outstanding Balance
$68,853
Interest Rate
6.72%
Mortgage Type
Credit Line Revolving
Estimated Equity
$29,227

Purchase Details

Closed on
Jan 9, 2024
Sold by
Thorpe Marla A
Bought by
Marla A Thorpe Revocable Trust and Thorpe

Purchase Details

Closed on
May 15, 2013
Sold by
Bank Of America N A
Bought by
Thorpe Steve

Purchase Details

Closed on
Jan 4, 2013
Sold by
Hawk Kristin T
Bought by
Bankof America N A

Purchase Details

Closed on
Sep 6, 2006
Sold by
Stellhorn Gil W and Armbruster William A
Bought by
Hawk Kristin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2005
Sold by
Chartrand Jeanette A
Bought by
Armbruster William A and Armbruster Gil W
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 Type Sale Price Title Company
Deed $65,000 None Listed On Document
Warranty Deed -- None Listed On Document
Special Warranty Deed $22,000 None Available
Deed -- None Available
Warranty Deed $76,000 None Available
Warranty Deed $15,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $69,500 Credit Line Revolving
Previous Owner $76,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2025 01/31/25 Sold $65,000 -18.8% $59 / Sq Ft
01/07/2025 01/07/25 Pending -- -- --
10/07/2024 10/07/24 Price Changed $80,000 -11.1% $73 / Sq Ft
08/28/2024 08/28/24 For Sale $90,000 +38.5% $82 / Sq Ft
08/27/2024 08/27/24 Off Market $65,000 -- --
Source: MARIS MLS

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 $1,757 $29,400 $5,260 $24,140
2023 $1,646 $27,530 $4,925 $22,605
2022 $1,534 $25,665 $4,590 $21,075
2021 $1,469 $24,570 $4,395 $20,175
2020 $1,493 $25,169 $4,502 $20,667
2019 $1,598 $24,530 $6,765 $17,765
2018 $1,578 $27,044 $7,458 $19,586
2017 $1,472 $23,480 $6,475 $17,005
2016 $1,380 $22,770 $6,280 $16,490
2015 $1,381 $22,430 $6,185 $16,245
2014 $1,381 $22,930 $6,325 $16,605
2013 $1,005 $22,930 $6,325 $16,605
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS24054536

MARIS MLS

APN: 13-084-003-00