423 W Main St Madison, IN 47250
Estimated Value: $434,000 - $505,049
5
Beds
4
Baths
8,996
Sq Ft
$52/Sq Ft
Est. Value
Highlights
- Recreation Room
- Corner Lot
- Covered patio or porch
- 5 Fireplaces
- Den
- Balcony
About This Home
As of October 2021Second Story Living over 4400 sq ft of main floor designated in the specialty district of Historic Madison. Originally two homes which gives the main floor the flexibly for many uses. History shows address 423 and 425 Main. 425 through the years was a drug store, doctors office, grocery and first Madison Library. The two homes were combined in the late 60's. Front and side door entrances. Fourth generation of ownership dating back to the 1920's. Open floor plan for kitchen, family and living and dining combination. Two Additional rooms unfinished for additional living. Amazing outdoor living space with rooftop living, covered patio, large bar, dining area and garden space. Possession 45 days after closing. Also listed in Commercial MLS 2019012262.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,426
Year Built
- Built in 1835
Lot Details
- 2,178 Sq Ft Lot
- Landscaped
- Corner Lot
- Garden
- Property is zoned Specialty District
Parking
- 4 Car Attached Garage
- Driveway
- Off-Street Parking
Home Design
- Stone Foundation
- Frame Construction
Interior Spaces
- 8,996 Sq Ft Home
- 2-Story Property
- 5 Fireplaces
- Wood Burning Fireplace
- Decorative Fireplace
- Entrance Foyer
- Family Room
- Den
- Recreation Room
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Outdoor Features
- Balcony
- Covered patio or porch
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 391302223003001007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 22, 2019
Closed on
Oct 12, 2021
Sold by
Trevor Lytle Markt
Bought by
Rutherford Kathryn R
Seller's Agent
Brenda Eversole
Century 21 River Valley
Buyer's Agent
Brenda Eversole
Century 21 River Valley
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%
Total Days on Market
546
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,525
Avg. Annual Appreciation
0.22%
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Similar Homes in Madison, IN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rutherford Kathryn R | $400,000 | Madison Land Title |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/12/2021 10/12/21 | Sold | $400,000 | -11.1% | $44 / Sq Ft |
| 05/21/2021 05/21/21 | Pending | -- | -- | -- |
| 01/04/2021 01/04/21 | For Sale | $450,000 | +12.5% | $50 / Sq Ft |
| 01/01/2021 01/01/21 | Off Market | $400,000 | -- | -- |
| 07/16/2020 07/16/20 | Price Changed | $450,000 | -5.3% | $50 / Sq Ft |
| 11/22/2019 11/22/19 | For Sale | $475,000 | -- | $53 / Sq Ft |
Source: Southern Indiana REALTORS® Association
Tax History Compared to Growth
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 | $384 | $12,800 | $12,800 | $0 |
| 2023 | $384 | $12,800 | $12,800 | $0 |
| 2022 | $384 | $12,800 | $12,800 | $0 |
| 2021 | $384 | $12,800 | $12,800 | $0 |
| 2020 | $384 | $12,800 | $12,800 | $0 |
| 2019 | $375 | $12,800 | $12,800 | $0 |
| 2018 | $360 | $12,800 | $12,800 | $0 |
| 2017 | $353 | $12,800 | $12,800 | $0 |
| 2016 | $338 | $12,800 | $12,800 | $0 |
| 2014 | $333 | $12,800 | $12,800 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Brenda Eversole
Seller's Agent in 2021
Brenda Eversole
Century 21 River Valley
(812) 701-3006
79 Total Sales
Map
Source: Southern Indiana REALTORS® Association
MLS Number: 2019012280
APN: 39-13-02-223-003-001-007
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