NOT LISTED FOR SALE

547 Madison Ln Elgin, IL 60123

Far West Elgin Neighborhood

Estimated Value: $491,000 - $541,000

3 Beds
2 Baths
2,100 Sq Ft
$249/Sq Ft Est. Value

About This Home

This home is located at 547 Madison Ln, Elgin, IL 60123 and is currently estimated at $523,637, approximately $249 per square foot. 547 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
Jun 4, 2025
Sold by
Ridgefield Homes Llc
Bought by
Lane Thomas and Lane Deborah
Current Estimated Value
$523,785

Purchase Details

Closed on
Dec 29, 2023
Sold by
Madison Homes Of Elgin Declaration Of Tr and Miller Charles P
Bought by
Ridgefield Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.29%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 23, 2015
Sold by
Miller Charles P
Bought by
Miller Family Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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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
Lane Thomas $528,000 First American Title
Ridgefield Homes Llc -- Wheatland Title
Miller Family Revocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ridgefield Homes Llc $25,000
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 $229 $2,859 $2,859 --
2023 $220 $2,583 $2,583 --
2022 $204 $2,355 $2,355 $0
2021 $196 $2,202 $2,202 $0
2020 $192 $2,102 $2,102 $0
2019 $187 $2,002 $2,002 $0
2018 $186 $1,886 $1,886 $0
2017 $183 $1,783 $1,783 $0
2016 $176 $1,654 $1,654 $0
2015 -- $1,516 $1,516 $0
2014 -- $1,497 $1,497 $0
2013 -- $1,537 $1,537 $0
Source: Public Records

Map

Illinois Kane County Elgin 60123 Far West Elgin

547 Madison Ln, Elgin, IL

Not Listed for Sale

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