NOT LISTED FOR SALE

505 N Little Cedar Rd Madison, IN 47250

Estimated Value: $417,000 - $460,000

3 Beds
2.5 Baths
2,033 Sq Ft
$214/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $363,000 $179 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,535/month

35 Days on Market

Highlights

  • Deck
  • 4 Car Garage
  • Wood Fence
  • No HOA
  • Central Air
  • Heat Pump System

About This Home

As of October 2022

This beautiful brick home on a corner lot is located minutes from downtown Madison. The 3 bedroom, 2 1/2 bath home comes with a 30x40x12 pole barn equipped with electric, concrete floors and 2-8x9 overhead doors. This home offers an open floor plan with beautiful wood floors in the family room, kitchen and formal dining room. Formal dining room could also be used as a fourth bedroom or office. Kitchen has plenty of cabinet space with rollout cabinets and stainless steel appliances. Family room consists of a stone fireplace, vaulted ceilings and entry to the nice covered back patio. Large main bedroom has tray ceilings and door that leads to the deck. Main bathroom consist of a jetted tub, walk-in shower, double vanity and large walk in closet. Frosted glass door leads into utility room that houses the washer, dryer, laundry sink and half bath. With this home sitting on 2.28 acres, there is plenty of room outside to entertain. A large fenced in yard provides plenty of privacy while in the backyard. The covered back patio has a gable roof with a ceiling fan to stay cool on those hot days. With lots of yard space, large pole barn and open floor plan, this is would make the perfect home for entertaining all year round. Schedule your showing today! There is an annual road maintenance fee which is currently $40 but could change. With deductions like Homestead, Supplemental and Mortgage, property taxes would be around $2077/yr.

Last Agent to Sell the Property

Jim Pruett

EXP Realty LLC License #191573 Listed on: 08/24/2022

EXP Realty LLC

Last Buyer's Agent

NON MEMBER

NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,789

Year Built

  • Built in 2008

Lot Details

  • 2.29

Parking

  • 4 Car Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2,033 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • Deck
  • Wood Fence

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 390931000015000006
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,789

Year Built

Built in 2008

Lot Details

0

Parking

4

Listing Details

  • Cooling System: Central Air
  • Stories: 1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Garage Yn: Yes
  • Subdivision Name: NONE
  • Above Grade Finished Sq Ft: 2033.0
  • ResoBuildingAreaSource: Other
  • Dining Room Level: First
  • Primary Bedroom Level: First
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Fencing Wood4: Yes
  • Sewer:Public Sewer: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Bedroom Level: First
  • Family Room Level: First
  • Kitchen Level: First
  • Other Level: First
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 8
  • ResoLivingAreaSource: Other
  • Other Rooms:Family Room2: Yes
  • Basement:None6: Yes

Exterior Features

  • Fencing: Wood
  • Roof: Shingle
  • Acres: 2.29
  • Construction Type: Wood Frame, Brick
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Deck
  • Construction:Brick3: Yes
  • Construction:Frame - Wood2: Yes
  • Patio And Porch Features:Deck2: Yes

Garage/Parking

  • Garage Spaces: 4.0
  • Attached Garage: Yes
  • Parking Features: Detached, Attached, Driveway
  • General Property Description:Garage Spaces: 4
  • GarageParking:Attached: Yes
  • Garageparkingdriveway: Yes
  • GarageParking:Detached: Yes

Utilities

  • Cooling Y N: Yes
  • Heating: Heat Pump
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 99752.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 390931000015000006
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 2008

Tax Info

  • Tax Block: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Aug 16, 2021
Sold by
Speer Scott D
Bought by
A. Osborn Wesley
Seller's Agent
Scott Lynch
F.C. Tucker/Scott Lynch Group
Buyer's Agent
Candice Fulk McDole
Century 21 River Valley
List Price
$369,900
Sold Price
$352,000
Premium/Discount to List
-$17,900
-4.84%
Current Estimated Value
$420,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,640
Avg. Annual Appreciation
3.53%

Purchase Details

Listed on
Jul 14, 2021
Closed on
Jun 18, 2021
Sold by
Lacy Tyler L
Bought by
Speer Scott D
Seller's Agent
Scott Lynch
F.C. Tucker/Scott Lynch Group
Buyer's Agent
Candice Fulk McDole
Century 21 River Valley
List Price
$369,900
Sold Price
$352,000
Premium/Discount to List
-$17,900
-4.84%

Purchase Details

Closed on
Feb 5, 2015
Sold by
Warren E
Bought by
Lacy L
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
A. Osborn Wesley $352,000 Madison Land Title
Speer Scott D $339,900 Madison Land Title
Lacy L $227,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $363,000 -7.5% $179 / Sq Ft
09/27/2022 09/27/22 Pending -- -- --
08/23/2022 08/23/22 For Sale $392,500 +11.5% $193 / Sq Ft
08/16/2021 08/16/21 Sold $352,000 -4.8% $173 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $369,900 +8.8% $182 / Sq Ft
06/18/2021 06/18/21 Sold $339,900 0.0% $167 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
05/20/2021 05/20/21 Price Changed $339,900 +41.7% $167 / Sq Ft
05/20/2021 05/20/21 For Sale $239,900 -- $118 / Sq Ft
Source: Metro Search (Greater Louisville Association of 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
2024 $2,789 $283,000 $35,800 $247,200
2023 $2,926 $286,900 $35,800 $251,100
2022 $2,721 $253,700 $35,800 $217,900
2021 $3,993 $207,700 $35,800 $171,900
2020 $1,905 $197,200 $35,800 $161,400
2019 $1,836 $199,100 $35,800 $163,300
2018 $1,773 $201,000 $35,800 $165,200
2017 $1,740 $201,300 $35,800 $165,500
2016 $1,660 $203,200 $35,800 $167,400
2014 $1,606 $202,500 $35,800 $166,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro Search (Greater Louisville Association of REALTORS®)

MLS Number: 1620599

Metro Search (Greater Louisville Association of REALTORS®)

APN: 39-09-31-000-015-000-006