NOT LISTED FOR SALE

5501 Madison Ave Evansville, IN 47715

Estimated Value: $286,000 - $300,579

4 Beds
2.5 Baths
2,186 Sq Ft
$135/Sq Ft Est. Value

Last Sold April 17, 2012

Last sale price $152,500 $70 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,770/month

174 Days on Market

Highlights

  • Vaulted Ceiling
  • Eat-In Kitchen
  • Tile Flooring
  • Ranch Style House
  • Shed
  • Forced Air Heating and Cooling System

About This Home

As of April 2012

Wow! All Bedford stone ranch which has been totally remodeled and updated....better than new! Walk in to the very open country kitchen with lots of bells and whistles including cherry cabinets, and new stainless steel appliances. Four bedrooms plus an office/den. The three car carport has lots of additional space for parking. Spacious yard fully enclosed with 6 foot chain link fencing perfect for dogs and kids....there's even play equipment ready for them to enjoy. Located in a wonderful neighborhood (Arcadian Acres area). This low-maintenance like new home offers immediate possession....move right in and make it home! Remodeled

Last Agent to Sell the Property

Sherry Hancock

ERA FIRST ADVANTAGE REALTY, INC Listed on: 09/07/2011

ERA FIRST ADVANTAGE REALTY, INC

Last Buyer's Agent

Mary McCarthy

F.C. TUCKER EMGE

F.C. TUCKER EMGE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,402

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 123x160
  • Property is Fully Fenced
  • Chain Link Fence
  • Level Lot

Parking

  • 3 Car Garage
  • Carport

Home Design

  • Ranch Style House
  • Shingle Roof
  • Stone Exterior Construction
  • Composite Building Materials

Interior Spaces

  • 2,186 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Shed

Schools

  • Hebron Elementary School
  • Plaza Park Middle School
  • William Henry Harrison High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Brent Wood / Brentwood Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,402

Year Built

Built in 1950

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1950
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 8
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Brentwood 2 L102 |
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Ceilings-Vaulted, Disposal, Eat-In Kitchen, Home Warranty Included
  • Year Taxes Payable: 2011
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2186
  • Total Finished Sq Ft: 2186
  • Above Grade Finished Sq Ft: 2186
  • Price Per Sq Ft: 69.76
  • Basement Foundation: Crawl
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Family Room: Dimensions: 14x22, On Level: Main
  • Extra Room: Office, Dimensions: 11x7, On Level: Main
  • Bedroom 1: Dimensions: 14x14, On Level: Main
  • Bedroom 2: Dimensions: 14x13, On Level: Main
  • Bedroom 3: Dimensions: 14x13, On Level: Main
  • Bedroom 4: Dimensions: 8x10, On Level: Main
  • Other Room1: Suite, Dimensions: 11x7, On Level: Main

Exterior Features

  • Exterior: Stone
  • Roof Material: Composite, Shingle
  • Outbuilding1: Shed
  • Fence: Full, Chain Link

Garage/Parking

  • Garage Type: Carport
  • Garage Number Of Cars: 3

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Laundry: Dimensions: Mainx7, On Level: 14

Schools

  • Elementary School: Hebron Elementary School
  • Middle School: Plaza Park
  • High School: William Henry Harrison
  • Elementary School: Hebron Elementary School

Green Features

  • Energy Efficient Windows/Doors: Insulated Glass Windows

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 123X160

Tax Info

  • Annual Taxes: 1402
  • Exemptions: Homestead

MLS Schools

  • High School: William Henry Harrison
  • Middle School: Plaza Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2011
Closed on
Apr 13, 2012
Sold by
Graves Michael E and Graves Ruth
Bought by
Kelley Andrew D and Kelley Marie A
Seller's Agent
Sherry Hancock
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent
Mary McCarthy
F.C. TUCKER EMGE
List Price
$159,900
Sold Price
$152,500
Premium/Discount to List
-$7,400
-4.63%
Current Estimated Value
$294,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,645
Avg. Annual Appreciation
4.97%
Original Mortgage
$112,500
Outstanding Balance
$47,019
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$247,126
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
Kelley Andrew D -- Lockyear Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelley Andrew D $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2012 04/17/12 Sold $152,500 -4.6% $70 / Sq Ft
02/28/2012 02/28/12 Pending -- -- --
09/07/2011 09/07/11 For Sale $159,900 -- $73 / Sq Ft
Source: Indiana Regional MLS

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 $2,724 $252,200 $27,200 $225,000
2023 $2,668 $244,700 $27,200 $217,500
2022 $2,296 $208,100 $27,200 $180,900
2021 $1,806 $162,000 $27,200 $134,800
2020 $1,852 $169,400 $27,200 $142,200
2019 $1,809 $169,400 $27,200 $142,200
2018 $1,846 $169,500 $27,200 $142,300
2017 $1,836 $167,900 $27,200 $140,700
2016 $1,839 $167,700 $27,200 $140,500
2014 $1,798 $164,700 $27,200 $137,500
2013 -- $145,100 $27,200 $117,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 877844

Indiana Regional MLS

APN: 82-06-36-011-126.028-027