NOT LISTED FOR SALE

5554 N Scotts Ridge Rd Madison, IN 47250

Estimated Value: $322,000 - $432,180

5 Beds
1 Bath
3,767 Sq Ft
$101/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $308,000 $82 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,283/month

12 Days on Market

About This Home

As of August 2023

Great opportunity on this spacious two-story home with basement. It offers approximately 3,767 square feet of living space with 5 bedrooms and 1 bathroom. Good floor plan. Eat in kitchen. Built in 1991 this home requires many enhancements and upgrades but worth taking a look at.

Last Agent to Sell the Property

Val Laborevitch

Owners.com License #471019467 Listed on: 07/27/2023

Last Buyer's Agent

OUTSIDE AGENT

OUTSIDE COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,940

Year Built

  • Built in 1991

Lot Details

  • 30 Acre Lot

Interior Spaces

  • 3,767 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Electric Water Heater
  • On Site Septic

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 0060002400

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,940

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Improvements: 292300
  • Annual Tax: 3940
  • Appointment: Not Needed
  • Bank Owned Foreclosure YN: Yes
  • Construction: Vacant
  • Land Assessment: 21600
  • Legal Description: 006-00024-00 SE NE 1-4-11 30.00AC 6-3-6 5554 N SCOTTS RIDGE RD
  • Parcel Number: 0060002400
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 313900
  • Total Finished Square Footage: 3767
  • Type: 2 Story
  • Year Built: 1991
  • Special Features: RealEstateOwned

Interior Features

  • Water Heater: Electric
  • Basement Type: Partial
  • Above Grade Finished Sq Ft: 3767.00
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 5
  • Lot Sq Ft: 1306800.00
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 3767

Utilities

  • Fuel Type: Electric
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Lot Info

  • Acres: 30.0000
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2023
Closed on
Aug 29, 2023
Sold by
Deutsche Bank
Bought by
Wickey Jacob S
Seller's Agent
Val Laborevitch
Owners.com
Buyer's Agent
OUTSIDE AGENT
OUTSIDE COMPANY
List Price
$339,200
Sold Price
$308,000
Premium/Discount to List
-$31,200
-9.2%
Views
72
Current Estimated Value
$380,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,045
Avg. Annual Appreciation
10.78%

Purchase Details

Closed on
Jan 26, 2023
Sold by
Ben Flint Sheriff
Bought by
Manley Deas Kochalksi
Source: Public Records

Range of Values:

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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
Wickey Jacob S $308,000 Premium Title Services, Inc.,
Manley Deas Kochalksi $374,400 Manley Deas Kochalski
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $308,000 -9.2% $82 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
07/27/2023 07/27/23 For Sale $339,200 -- $90 / Sq Ft
Source: Southern Indiana REALTORS® Association

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 $3,214 $294,300 $27,600 $266,700
2023 $3,862 $320,100 $24,700 $295,400
2022 $3,940 $313,900 $21,600 $292,300
2021 $3,459 $279,600 $19,900 $259,700
2020 $3,341 $274,700 $19,900 $254,800
2019 $3,218 $276,800 $22,000 $254,800
2018 $3,084 $277,600 $22,400 $255,200
2017 $3,023 $277,300 $24,300 $253,000
2016 $2,925 $283,200 $25,100 $258,100
2014 $3,509 $319,300 $25,800 $293,500
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2023

    Val Laborevitch

    Owners.com

    (888) 876-3372

    123 Total Sales

    Val Laborevitch
    Section Image

  • O

    Buyer's Agent in 2023

    OUTSIDE AGENT

    OUTSIDE COMPANY

See All Agents

Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202309333

Southern Indiana REALTORS® Association

APN: 39-09-01-000-005-000-008

Indiana Jefferson County Madison 47250

5554 N Scotts Ridge Rd, Madison, IN

This home is located at 5554 N Scotts Ridge Rd, Madison, IN 47250 since 27 July 2023 and is currently estimated at $380,045, approximately $100 per square foot. This property was built in 1991. 5554 N Scotts Ridge Rd is a home located in Jefferson County with nearby schools including Madison Consolidated High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southern Indiana REALTORS® Association IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.

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