501 W Main St Madison, IN 47250
Estimated Value: $344,971 - $464,000
5
Beds
3
Baths
3,136
Sq Ft
$127/Sq Ft
Est. Value
Highlights
- Main Floor Primary Bedroom
- Den
- First Floor Utility Room
- Corner Lot
- Covered patio or porch
- Formal Dining Room
About This Home
As of February 2022Great location on Main Street in the heart of Historic Downtown Madison. Walking distance to the Ohio River, downtown shopping and dining. This home has been completely remodeled with a beautiful new kitchen that includes new granite counters and all new stainless steel appliances. The hardwoods have been refinished and new carpet and tile has been installed. There is fresh paint throughout and three newly remodeled bathrooms. Enjoy the freshly painted covered front porch, spacious rooms and downtown living.
Last Agent to Sell the Property
F.C. Tucker/Scott Lynch Group License #RB14029672 Listed on: 12/10/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,210
Year Built
- Built in 1900
Lot Details
- 3,485 Sq Ft Lot
- Fenced Yard
- Corner Lot
Home Design
- Stone Foundation
- Poured Concrete
- Frame Construction
Interior Spaces
- 3,136 Sq Ft Home
- 1.5-Story Property
- Built-in Bookshelves
- Ceiling Fan
- Entrance Foyer
- Family Room
- Formal Dining Room
- Den
- First Floor Utility Room
- Unfinished Basement
- Partial Basement
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- 3 Full Bathrooms
Outdoor Features
- Covered patio or porch
Utilities
- Forced Air Heating and Cooling System
- Gas Available
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 391302223027000007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 25, 2021
Closed on
Jun 23, 2021
Sold by
Pennymac Loan Services Llc
Bought by
Tina Buchanan
Seller's Agent
Casey Kovener-Elkins
Kovener & Associates Real Esta
Buyer's Agent
Tony Bilz
F.C. Tucker/Scott Lynch Group
List Price
$209,000
Sold Price
$208,000
Premium/Discount to List
-$1,000
-0.48%
Total Days on Market
40
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
$188,743
Avg. Annual Appreciation
15.25%
Purchase Details
Closed on
Mar 25, 2021
Sold by
David Thomas Sheriff
Bought by
Pennymac Loan Services Llc
Purchase Details
Listed on
Mar 26, 2019
Closed on
May 2, 2019
Bought by
Stookey Noah A
Seller's Agent
Tony Bilz
F.C. Tucker/Scott Lynch Group
Buyer's Agent
Tony Bilz
F.C. Tucker/Scott Lynch Group
List Price
$209,900
Sold Price
$204,500
Premium/Discount to List
-$5,400
-2.57%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.89%
Purchase Details
Closed on
Nov 17, 2015
Sold by
Brown Sharon Lea
Bought by
Buchanan Tina
Similar Homes in Madison, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tina Buchanan | $208,000 | Serviceline Hopewell Campus | |
| Pennymac Loan Services Llc | $139,870 | Phillip A Norman Pc | |
| Stookey Noah A | $204,500 | -- | |
| Buchanan Tina | $147,000 | Barlow Law Office |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/01/2022 02/01/22 | Sold | $308,000 | -9.4% | $98 / Sq Ft |
| 01/19/2022 01/19/22 | Pending | -- | -- | -- |
| 12/10/2021 12/10/21 | For Sale | $339,900 | +63.4% | $108 / Sq Ft |
| 06/28/2021 06/28/21 | Sold | $208,000 | -0.5% | $66 / Sq Ft |
| 06/07/2021 06/07/21 | Pending | -- | -- | -- |
| 05/25/2021 05/25/21 | For Sale | $209,000 | +2.2% | $67 / Sq Ft |
| 05/01/2019 05/01/19 | Sold | $204,500 | -2.6% | $64 / Sq Ft |
| 04/01/2019 04/01/19 | Pending | -- | -- | -- |
| 03/26/2019 03/26/19 | For Sale | $209,900 | -- | $66 / 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 | $1,299 | $134,600 | $4,100 | $130,500 |
| 2023 | $1,242 | $134,600 | $4,100 | $130,500 |
| 2022 | $1,332 | $133,200 | $4,100 | $129,100 |
| 2021 | $1,223 | $122,300 | $4,100 | $118,200 |
| 2020 | $2,422 | $121,100 | $4,100 | $117,000 |
| 2019 | $1,211 | $121,100 | $4,100 | $117,000 |
| 2018 | $2,422 | $121,100 | $4,100 | $117,000 |
| 2017 | $2,678 | $133,900 | $4,100 | $129,800 |
| 2016 | $2,678 | $133,900 | $4,100 | $129,800 |
| 2014 | $1,228 | $136,800 | $4,800 | $132,000 |
Source: Public Records
Agents Affiliated with this Home
-
Tony Bilz
Seller's Agent in 2022
Tony Bilz
F.C. Tucker/Scott Lynch Group
(812) 701-7000
184 Total Sales
-
JR Harrell
J
Buyer's Agent in 2022
JR Harrell
Coldwell Banker Harrell & Asso
(812) 599-0294
126 Total Sales
-
Casey Kovener-Elkins
Seller's Agent in 2021
Casey Kovener-Elkins
Kovener & Associates Real Esta
(812) 820-1526
544 Total Sales
Map
Source: Southern Indiana REALTORS® Association
MLS Number: 2021012659
APN: 39-13-02-223-027-000-007
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