540 Madison Ln Elgin, IL 60123
Far West Elgin NeighborhoodEstimated Value: $328,000 - $346,261
2
Beds
3
Baths
1,783
Sq Ft
$189/Sq Ft
Est. Value
About This Home
This home is located at 540 Madison Ln, Elgin, IL 60123 and is currently estimated at $337,315, approximately $189 per square foot. 540 Madison Ln is a home located in Kane County with nearby schools including Creekside Elementary School, Kimball Middle School, and Larkin High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 7, 2007
Sold by
Miller Charles P
Bought by
Rangel Jose J and Klein Sarah M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,477
Outstanding Balance
$140,292
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$197,023
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rangel Jose J | $228,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rangel Jose J | $224,477 |
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 | $6,904 | $94,264 | $26,007 | $68,257 |
| 2023 | $6,578 | $85,160 | $23,495 | $61,665 |
| 2022 | $6,213 | $77,651 | $21,423 | $56,228 |
| 2021 | $5,942 | $72,598 | $20,029 | $52,569 |
| 2020 | $5,774 | $69,306 | $19,121 | $50,185 |
| 2019 | $5,606 | $66,018 | $18,214 | $47,804 |
| 2018 | $5,997 | $66,656 | $17,159 | $49,497 |
| 2017 | $5,864 | $63,013 | $16,221 | $46,792 |
| 2016 | $5,595 | $58,459 | $15,049 | $43,410 |
| 2015 | -- | $53,583 | $13,794 | $39,789 |
| 2014 | -- | $46,346 | $13,624 | $32,722 |
| 2013 | -- | $47,568 | $13,983 | $33,585 |
Source: Public Records
Map
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