NOT LISTED FOR SALE

553 Madison Ln Lindenhurst, IL 60046

Estimated Value: $400,000 - $432,000

3 Beds
3 Baths
1,976 Sq Ft
$210/Sq Ft Est. Value

Last Sold May 26, 2016

Last sale price $254,000 $129 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,085/month

50 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Wood Flooring
  • Millburn Elementary School Rated A-
  • Ranch Style House
  • Den

About This Home

As of May 2016

Fabulous cul-de-sac location in Heritage Trails. With a bright and open floor plan this perfectly maintained ranch boasts gleaming hardwood flooring, a den and a finished basement with added living space and storage galore. The vaulted living room is open to the dining room and kitchen; perfect for entertaining. Features in the living room include a cozy fireplace flanked by custom built-ins. The well appointed cook's kitchen boasts updated cabinetry with under cabinet lighting, granite counters, a custom backsplash and a breakfast bar. With a walk-in closet the master bedroom also features a private bathroom with a whirlpool tub/shower combination. Two additional bedrooms with generous closet space, full bathroom with walk-in shower, laundry and powder rooms complete the main level. Enjoy the outdoors overlooking the well manicured backyard and basketball pad from the deck that also includes a ramp. Storage shed an added bonus. A must see! NEW furnace and hot water heater.

Last Agent to Sell the Property

Leslie McDonnell

RE/MAX Suburban License #475124525 Listed on: 02/11/2016

RE/MAX Suburban

Last Buyer's Agent

Nano Engdahl

Baird & Warner License #475130315

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,605

Year Built

  • 1995

Lot Details

  • Cul-De-Sac

HOA Fees

  • $23 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Wood Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Den
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Double Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $7,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,605

Year Built

1995

Lot Details

0

HOA Fees

$23 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Disability Access: Yes
  • Disability Access Details: Grab Bars in Bathroom(s), Lowered Light Switches, Main Level Entry
  • Age: 21-25 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1995
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1995

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 8
  • Living Room: Dimensions: 18X15, On Level: Main Level, Flooring: Carpet, Windows: All
  • Appliances: Oven-Double, Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, Security System, CO Detectors, Ceiling Fan, Sump Pump
  • Fireplace Details: Wood Burning, Gas Logs, Gas Starter
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 8X7, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Dining Room: Dimensions: 14X11, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: Den
  • Master Bedroom: Dimensions: 14X14, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Additional Room 1 Name: Den, Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Bedroom 2: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Bedroom 3: Dimensions: 13X11, On Level: Main Level, Flooring: Carpet, Windows: All
  • Estimated Sq Ft: 1976
  • Family Room: Dimensions: 24X15, On Level: Basement, Flooring: Carpet, Windows: All

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Wood Shakes/Shingles
  • Exterior Property Features: Deck, Porch
  • Acreage: 0.4

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Assessment Association Fees: 23

Schools

  • School District: 117
  • Elementary School: MILLBURN C C SCHOOL
  • Middle School: MILLBURN C C SCHOOL
  • High School: LAKES COMMUNITY HIGH SCHOOL
  • Junior High Dist: 24

Lot Info

  • Lot Dimensions: 68X191X30X94X174
  • Lot Description: Cul-de-sac
  • Parcel Identification Number: 02362010480000

Tax Info

  • Taxes: 10033

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2016
Closed on
May 3, 2016
Sold by
Swanson Charles E and Swanson Jennifer L
Bought by
Muto Alfonso L and Muto Tammy D
Seller's Agent
Leslie McDonnell
RE/MAX Suburban
Buyer's Agent
Nano Engdahl
Baird & Warner
List Price
$299,900
Sold Price
$254,000
Premium/Discount to List
-$45,900
-15.31%
Current Estimated Value
$415,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,132
Avg. Annual Appreciation
5.34%
Original Mortgage
$241,300
Outstanding Balance
$193,726
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$217,146

Purchase Details

Closed on
Jul 31, 1995
Sold by
Westfield Homes Of Illinois Inc
Bought by
Swanson Charles E and Swanson Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,950
Interest Rate
6.75%
Source: Public Records

Range of Values:

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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
Muto Alfonso L $254,000 Proper Title Llc
Swanson Charles E $45,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muto Alfonso L $25,000
Open Muto Alfonso L $241,300
Previous Owner Swanson Charles E $130,000
Previous Owner Swanson Jennifer $25,000
Previous Owner Swanson Charles E $165,600
Previous Owner Swanson Charles E $315,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2016 05/26/16 Sold $254,000 -9.3% $129 / Sq Ft
04/01/2016 04/01/16 Pending -- -- --
03/19/2016 03/19/16 Price Changed $279,900 -6.7% $142 / Sq Ft
02/11/2016 02/11/16 For Sale $299,900 -- $152 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $9,605 $105,713 $17,862 $87,851
2023 $11,078 $93,403 $15,782 $77,621
2022 $11,078 $88,044 $11,952 $76,092
2021 $10,669 $81,788 $11,103 $70,685
2020 $10,286 $79,167 $10,747 $68,420
2019 $11,022 $80,915 $10,985 $69,930
2018 $11,511 $89,691 $16,634 $73,057
2017 $11,170 $87,299 $16,190 $71,109
2016 $11,366 $88,048 $17,261 $70,787
2015 $10,819 $82,234 $16,121 $66,113
2014 $10,638 $75,973 $16,195 $59,778
2012 $9,526 $84,799 $18,479 $66,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09136955

Midwest Real Estate Data (MRED)

APN: 02-36-201-048