NOT LISTED FOR SALE

506 E Main St Madison, IN 47250

Estimated Value: $137,000 - $205,000

1 Bed
1 Bath
1,004 Sq Ft
$171/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $75,000 $75 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $1,108/month

78 Days on Market

Highlights

  • City Lights View
  • 1-Story Property
  • Wood Siding
  • Fenced Yard

About This Home

As of November 2020

NEW ON MARKET! Cottage style home located in the popular Main Street Madison Historical District. Property is currently zoned residential and it allows for commercial office use. This home is currently under renovation and is being sold in 'As-Is' condition. This home is ready to be renovated into your deserving finish!

Last Agent to Sell the Property

Maxwell Lynch

F.C. Tucker/Scott Lynch Group License #RB19001311 Listed on: 08/05/2020

F.C. Tucker/Scott Lynch Group

Last Buyer's Agent

Judy Hoffman

Coldwell Banker Harrell & Asso License #RB14039383

Coldwell Banker Harrell & Asso

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 29x65
  • Fenced Yard
  • Property is zoned Historic District

Home Design

  • Stone Foundation
  • Wood Siding

Interior Spaces

  • 1,004 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • City Lights Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom Rough-In
  • 1 Full Bathroom

Utilities

  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 391302124059000007

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Annual Tax: 2134
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Rock
  • Legal Description: 011-03573-00 29 BY 65 FT LOT 1 BLK 3 MCI ADD 11-125-2 506 E MAI N ST
  • Lot Dimensions: 29x65
  • Numof Fireplaces: 1
  • Parcel Number: 391302124059000007
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 1004
  • Type: 1 Story
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Above Grade Finished Sq Ft: 1004.00
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • Fireplace: Decorative
  • Interior Amenities: Bath Rough-In
  • Lot Sq Ft: 1742.40
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 1004

Exterior Features

  • Exterior Features: Fenced Yard, Wood
  • Road Frontage: 29'

Utilities

  • Fuel Type: Unknown
  • Water Type: Public Onsite

Lot Info

  • Acres: 0.0400
  • Lot Description: City Lights View
  • Zoning: Residential, Historic District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2020
Closed on
Nov 13, 2020
Sold by
Josh Denny
Bought by
Kennard Todd
Seller's Agent
Maxwell Lynch
F.C. Tucker/Scott Lynch Group
Buyer's Agent
Judy Hoffman
Coldwell Banker Harrell & Asso
List Price
$89,900
Sold Price
$75,000
Premium/Discount to List
-$14,900
-16.57%
Current Estimated Value
$171,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,817
Avg. Annual Appreciation
17.61%

Purchase Details

Closed on
Aug 11, 2009
Sold by
Steven
Bought by
Josh Denny

Purchase Details

Closed on
Sep 25, 2008
Sold by
Judith
Bought by
Steven
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
Kennard Todd $75,000 --
Josh Denny $48,000 --
Steven -- --
Steven W Chittick -- Barlow Law Office
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2020 11/13/20 Sold $75,000 -6.1% $75 / Sq Ft
10/22/2020 10/22/20 Pending -- -- --
09/29/2020 09/29/20 Price Changed $79,900 -11.1% $80 / Sq Ft
09/14/2020 09/14/20 For Sale $89,900 0.0% $90 / Sq Ft
08/19/2020 08/19/20 Pending -- -- --
08/05/2020 08/05/20 For Sale $89,900 -- $90 / Sq Ft
Source: Southern Indiana REALTORS® Association

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 $2,526 $84,200 $15,300 $68,900
2023 $2,526 $84,200 $15,300 $68,900
2022 $2,343 $78,100 $15,300 $62,800
2021 $2,187 $72,900 $15,300 $57,600
2020 $2,187 $72,900 $15,300 $57,600
2019 $2,136 $72,900 $15,300 $57,600
2018 $2,051 $72,900 $15,300 $57,600
2017 $1,986 $72,000 $15,300 $56,700
2016 $1,903 $72,000 $15,300 $56,700
2014 $1,832 $70,400 $15,100 $55,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Maxwell Lynch

    F.C. Tucker/Scott Lynch Group

    (812) 801-6284

    7 in this area

    16 Total Sales

    Maxwell Lynch
    Section Image

  • J

    Buyer's Agent in 2020

    Judy Hoffman

    Coldwell Banker Harrell & Asso

    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202009744

Southern Indiana REALTORS® Association

APN: 39-13-02-124-059-000-007

Indiana Jefferson County Madison 47250

506 E Main St, Madison, IN

Not Listed for Sale

Detached

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Southern Indiana REALTORS® Association IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.

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