NOT LISTED FOR SALE

505-507 E Madison Ave Springfield, OH 45503

Estimated Value: $137,000 - $215,723

6 Beds
2.5 Baths
3,168 Sq Ft
$51/Sq Ft Est. Value

Last Sold August 16, 2024

Last sale price $128,000 $40 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,077/month

1 Day on Market

Highlights

  • Shed
  • 2 Car Garage
  • Heating System Uses Natural Gas

About This Home

As of August 2024

Great investment opportunity or occupy one side and receive income from the other. This spacious double is in a prime location! 505 side features 3 bedrooms, 1.5 baths and a finished attic that can potentially be a 4th bedroom. 507 side features 3 bedrooms, 1 bathroom. Both sides have their own basement for additional space and storage. The detached garage in the back is separated to allow each unit to have 1 space.

Last Agent to Sell the Property

Tamara Comer

Coldwell Banker Heritage Brokerage Phone: (937) 322-0352 Listed on: 07/16/2024

Coldwell Banker Heritage

Co-Listed By

Jaini Miller

Coldwell Banker Heritage Brokerage Phone: (937) 322-0352

Last Buyer's Agent

Dana Ward

Dana Ward Realty License #2025001284

Property Details

Home Type

  • Multi-Family

Year Built

  • 1911

Lot Details

  • 10,100 Sq Ft Lot
  • Lot Dimensions are 50x202

Parking

  • 2 Car Garage
  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 3,168 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms

Outdoor Features

  • Shed

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Rodgers Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3400700035222007

Property Details

Home Type

Multi-Family

Year Built

1911

Lot Details

0

Parking

2

Listing Details

  • Cooling System: None
  • Property Sub Type: Duplex
  • Year Built: 1911
  • Attribution Contact: (937) 322-0352
  • Lot Size Acres: 0.2319
  • Co List Office Mls Id: HRTG23
  • Co List Office Phone: (937) 322-0352
  • Co List Office Phone: (937) 322-0352
  • MLS Status: Closed
  • Living Area: 3168.0
  • Master Plan Zoning: Residential
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Basement: Full
  • Garage Spaces: 2.0
  • Property Type: Residential Income
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick, Stucco
  • Exterior Features: Storage
  • Other Structures: Shed(s)

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Garage, Two Car Garage, On Street

Utilities

  • Heating: Natural Gas
  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Springfield

Lot Info

  • Lot Dimensions: 50x202
  • Lot Size Sq Ft: 10100.0
  • Parcel Number: 3400700035222007
  • Zoning Description: Residential

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2024
Closed on
Aug 16, 2024
Sold by
Dishon Danny L and Dishon Betsy L
Bought by
Alexis Guilene and Sajous Karl
Seller's Agent
Tamara Comer
Coldwell Banker Heritage
Buyer's Agent
Dana Ward
Dana Ward Realty
List Price
$124,000
Sold Price
$128,000
Premium/Discount to List
$4,000
3.23%
Views
3
Current Estimated Value
$160,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,181
Avg. Annual Appreciation
17.51%

Purchase Details

Closed on
Sep 26, 2016
Sold by
Dishon Danny L and Dishon Betsy L
Bought by
Dishon Danny L and Dishon Betsy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,559
Interest Rate
4.13%
Mortgage Type
FHA

Purchase Details

Closed on
May 27, 2008
Sold by
Whisman Roger D
Bought by
Dishon Danny L and Gullett Betsy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,176
Interest Rate
6.1%
Mortgage Type
FHA

Purchase Details

Closed on
May 7, 2004
Sold by
Mabry Jon B and Mabry Stephen M
Bought by
Whisman Roger D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,377
Interest Rate
5.63%
Mortgage Type
FHA

Purchase Details

Closed on
May 30, 1996
Sold by
Walters Virginia L
Bought by
Mabry Jon B and Mabry Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 1995
Sold by
Ditty John L
Bought by
Walters Virginia L and Holton Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,400
Interest Rate
9.12%
Mortgage Type
New Conventional
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
Alexis Guilene $128,000 Chicago Title
Dishon Danny L -- Vantage Point Title Inc
Dishon Danny L $118,000 Attorney
Whisman Roger D $105,000 --
Mabry Jon B $95,500 --
Walters Virginia L $90,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dishon Danny L $98,559
Previous Owner Dishon Danny L $116,176
Previous Owner Whisman Roger D $103,377
Previous Owner Mabry Jon B $70,000
Previous Owner Walters Virginia L $70,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2024 08/16/24 Sold $128,000 +3.2% $40 / Sq Ft
07/17/2024 07/17/24 Pending -- -- --
07/16/2024 07/16/24 For Sale $124,000 -- $39 / Sq Ft
Source: Dayton REALTORS®

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
2025 $2,878 $66,260 $7,770 $58,490
2024 $2,807 $55,110 $6,940 $48,170
2023 $2,807 $55,110 $6,940 $48,170
2022 $2,872 $55,110 $6,940 $48,170
2021 $2,336 $43,690 $4,990 $38,700
2020 $2,341 $43,690 $4,990 $38,700
2019 $2,347 $43,690 $4,990 $38,700
2018 $2,079 $37,180 $4,270 $32,910
2017 $2,078 $37,177 $4,270 $32,907
2016 $2,081 $37,177 $4,270 $32,907
2015 $2,121 $37,177 $4,270 $32,907
2014 $2,112 $37,177 $4,270 $32,907
2013 $2,090 $37,177 $4,270 $32,907
Source: Public Records

Agents Affiliated with this Home

  • Tamara Comer

    Seller's Agent in 2024

    Tamara Comer

    Coldwell Banker Heritage

    (937) 536-6411

    164 in this area

    325 Total Sales

    Tamara Comer
    Section Image
  • Jaini Miller

    Seller Co-Listing Agent in 2024

    Jaini Miller

    Coldwell Banker Heritage

    (937) 925-5714

    35 in this area

    76 Total Sales

    Jaini Miller
    Section Image
  • Dana Ward

    Buyer's Agent in 2024

    Dana Ward

    Dana Ward Realty

    (937) 248-3331

    21 in this area

    444 Total Sales

    Dana Ward
    Section Image
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Map

Source: Dayton REALTORS®

MLS Number: 915556

Dayton REALTORS®

APN: 34-00700-03522-2007

Ohio Clark County Springfield 45503

505-507 E Madison Ave, Springfield, OH

Not Listed for Sale

MultiFamily

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Dayton REALTORS® The information is being provided by Dayton Area Board of Realtors MLS. Information deemed reliable but not guaranteed. Information is provided for the consumer's personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Dayton Area Board of Realtors MLS. All Rights Reserved.

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