$520,000
$55K PRICE DROP

516 Tallow Tree Dr Madisonville, LA 70447

Estimated payment $3,358/month

Total Views 11,466
4 Beds
3 Baths
2,543 Sq Ft
$204 Price per Sq Ft

Highlights

  • French Country Architecture
  • Full Attic
  • Covered Patio or Porch
  • Joseph B. Lancaster Elementary School Rated A-
  • Granite Countertops
  • Stainless Steel Appliances

About This Home

Check out this home in the highly sought-after subdivision of Willow Bend! This four-bedroom, three full bathroom home has a well thought out open floorplan with an additional space that can be used for a home office. In addition to the two-car garage, this home also has an attached storage area for all of your outdoor tools and equipment. This house backs up to a no cut zone so the serene views from your back yard and the peace and quiet are yours to keep. This house sits in flood zone C, so flood insurance is not mandatory. Willow Bend subdivision has not had a house priced this low in years, so it won't last long. Schedule your appointment today.

Listing Agent

Michael Ortner

RE/MAX Alliance License #0995683667 Listed on: 04/03/2025

RE/MAX Alliance

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,842

Lot Details

  • Lot Dimensions are 131.82x210
  • Oversized Lot
  • Property is in very good condition

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • French Country Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding
  • Stucco Exterior

Interior Spaces

  • 2,543 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Full Attic

Kitchen

  • Oven
  • Cooktop
  • Microwave
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Internet Available

Community Details

  • Willow Bend Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 3164

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,842

Lot Details

0

HOA Fees

$60 per month

Listing Details

  • Property Type: Residential
  • Dwelling Type: Single Family - Detached
  • Style: French Country
  • Condition: Vrgd
  • Assessor Parcel Number: No
  • ADA Features: No
  • Additional Features: Ceiling Fan, Granite Counters, Pantry, Pull Down Attic Stairs, Stainless Steel Appliances
  • Legal Description: LOT 19 WILLOW BEND SUB PH 2 INST NO 1447752 INST N...
  • Lp Amt Sq Ft: 204.48
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 1.00000
  • Total Area: 3609
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Wood
  • Appliance Include: CookTop, Microwave, Oven
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Room Count: 10
  • Estimated Living Area: 2543
  • Total Bathrooms: 3.00
  • Total Sq Ft: 2543

Exterior Features

  • Pool Type: None
  • Exterior: Brick, Stucco, Vinyl Siding
  • ExteriorFeatures: Porch
  • Foundation: Slab
  • Patio: Concrete, Covered
  • Rear Yard Vehicle Access: Yes
  • Roof Type: Seal Tab
  • Spa Location: None

Garage/Parking

  • Car Storage: Two, Garage
  • Internet: Yes

Utilities

  • Air Conditioner: Central
  • Electricity Provided By: Cleco
  • Gas Type: Natural
  • Heating: Central
  • Sewer Type: City
  • Water Type: Public

Condo/Co-op/Association

  • Home Owner Fee: Yes
  • HOA Fees: 725
  • Home Owner Fee Terms: Annual

Association/Amenities

  • Termite Contract: No

Lot Info

  • Elevation Certificate: No
  • Lot Description: Oversized
  • Lot Size: 131.82x210
  • Parcel #: 3164

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

  • Lease Purchase Poss: No

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,842 $45,562 $11,000 $34,562
2023 $5,842 $40,609 $11,000 $29,609
2022 $559,268 $40,609 $11,000 $29,609
2021 $5,583 $40,609 $11,000 $29,609
2020 $5,596 $40,609 $11,000 $29,609
2019 $5,208 $36,611 $7,038 $29,573
2018 $5,213 $36,611 $7,038 $29,573
2017 $5,249 $36,611 $7,038 $29,573
2016 $5,271 $36,611 $7,038 $29,573
2015 $5,231 $35,373 $6,800 $28,573
2014 -- $4,080 $4,080 $0
2013 -- $4,080 $4,080 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 Price Changed $520,000 -1.0% $204 / Sq Ft
07/29/2025 07/29/25 Price Changed $525,000 -0.9% $206 / Sq Ft
07/10/2025 07/10/25 Price Changed $529,900 -3.7% $208 / Sq Ft
06/05/2025 06/05/25 Price Changed $550,000 -1.8% $216 / Sq Ft
04/30/2025 04/30/25 Price Changed $560,000 -2.6% $220 / Sq Ft
04/03/2025 04/03/25 For Sale $575,000 -- $226 / Sq Ft
Source: Gulf South Real Estate Information Network

Purchase History

Date Type Sale Price Title Company
Cash Sale Deed $390,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,132,000 Credit Line Revolving
Closed $312,000 New Conventional
Previous Owner $294,997 New Conventional
Source: Public Records

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Source: Gulf South Real Estate Information Network

MLS Number: 2494750

Gulf South Real Estate Information Network

APN: 3164