NOT LISTED FOR SALE

5930 E Sr 56 Madison, IN 47250

Estimated Value: $201,000 - $292,000

3 Beds
2.5 Baths
1,156 Sq Ft
$211/Sq Ft Est. Value

Last Sold August 02, 2021

Last sale price $188,400 $163 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,359/month

7 Days on Market

Highlights

  • Second Kitchen
  • Open Floorplan
  • Wood Burning Stove
  • River View
  • Deck
  • Wooded Lot

About This Home

As of August 2021

Sit and enjoy watching the bald eagles and other wonderful nature that abounds from this amazing river front property with great views and direct access to the mighty Ohio River! This is a double blessing with TWO independent residences on this property!! The main house is very nice and has a walk-out, partially finished basement and outdoor shower (w hot & cold water), and the cabin has many nice modern day updates and beautiful rustic finishes, which is currently booked solid through airbnb most of the season! And to top it all off - this is a TURNKEY opportunity, with all furniture, linens, stocked kitchens, complete with the grill on the deck and firepit on the patio staying! (Black stone grill, outdoor serving kitchen table, and deck couches on deck of main house do not convey.) If you have family/friends that you would rather use the cabin for (bookings can be cancelled after you purchase), along with 2 other additional outbuildings make this an amazing opportunity to own a great property on the river and make memories with family and friends that will be cherished forever! Call today before it's gone!!!

Last Agent to Sell the Property

Jackie Armel Greene

Coldwell Banker Harrell & Asso License #RB16000528 Listed on: 06/11/2021

Coldwell Banker Harrell & Asso

Last Buyer's Agent

OUTSIDE AGENT

OUTSIDE COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $732

Year Built

  • Built in 1900

Lot Details

  • 1.07 Acre Lot
  • River Front
  • Wooded Lot

Parking

  • 1 Car Garage
  • Basement Garage
  • Off-Street Parking

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,156 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Stove
  • Thermal Windows
  • Window Screens
  • Sun or Florida Room
  • Storage
  • River Views
  • Second Kitchen
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Propane
  • Well
  • Electric Water Heater
  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 390934000029000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$732

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Improvements: 2500
  • Additional Parking: Off Street
  • Annual Tax: 732
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Concrete Block
  • Land Assessment: 74200
  • Legal Description: 006-00493-00 sw se 34-4-11 1067A 6-30-22
  • Out Buildings: Garage, Shed
  • Parcel Number: 390934000029000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 76700
  • Total Finished Square Footage: 1156
  • Type: 1 Story
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Partially Finished
  • Above Grade Finished Sq Ft: 922.00
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Fireplace: Wood Stove
  • Interior Amenities: 1st Floor Master, Added Storage, Ceiling Fan(s), Open Floor Plan, Second Kitchen, Separate Shower(s), Split Bedrooms, Wood Stove
  • Lot Sq Ft: 46609.20
  • Room Count: 8
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 1156
  • Total Rooms: 8

Exterior Features

  • Exterior Features: Balcony, Covered Patio, Covered Porch, Deck, Patio, Porch, Screens, Sunroom, Thermopane Windows
  • Road Frontage: 533

Garage/Parking

  • Garage Type: Attached, Basement
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air, Window A/C Unit(s)
  • Fuel Type: Lp Gas
  • Heat Type: Forced Air
  • Water Type: Well

Schools

  • School District: Madison Cons.

Lot Info

  • Acres: 1.0700
  • Lot Description: River Frontage, River View, Waterfront Property, Wooded Lot
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Aug 2, 2021
Sold by
Wilson Larry
Bought by
Liscombe Davis
Seller's Agent
Jackie Armel Greene
Coldwell Banker Harrell & Asso
Buyer's Agent
OUTSIDE AGENT
OUTSIDE COMPANY
List Price
$195,900
Sold Price
$188,400
Premium/Discount to List
-$7,500
-3.83%
Current Estimated Value
$243,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,402
Avg. Annual Appreciation
-1.55%

Purchase Details

Closed on
Sep 23, 2019
Bought by
Wheeler Keith E and Wheeler Nikki G

Purchase Details

Closed on
Oct 6, 2015
Sold by
Ritchie Jeffrey T
Bought by
Wheeler G

Purchase Details

Closed on
Mar 12, 2012
Sold by
Estate
Bought by
Jeffrey Ritchie

Purchase Details

Closed on
Jul 9, 2010
Sold by
Winford Reynolds
Bought by
James Phillips
Source: Public Records

Range of Values:

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Average Value
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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
Liscombe Davis $188,400 S.E. Indiana Title
Wheeler Keith E $125,000 --
Wheeler G $105,500 Alcorn,Sage,Schwartz,& Magrath
Jeffrey Ritchie $92,000 --
James Phillips $90,000 Madison Land Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2021 08/02/21 Sold $188,400 -3.8% $163 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $195,900 -- $169 / 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 $399 $81,900 $20,600 $61,300
2023 $414 $81,900 $20,600 $61,300
2022 $405 $81,100 $20,600 $60,500
2021 $357 $76,000 $20,600 $55,400
2020 $1,433 $76,000 $20,600 $55,400
2019 $1,377 $76,700 $20,600 $56,100
2018 $1,358 $79,300 $20,600 $58,700
2017 $1,326 $79,100 $20,600 $58,500
2016 $1,259 $79,800 $20,600 $59,200
2014 $315 $78,800 $20,600 $58,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202108454

Southern Indiana REALTORS® Association

APN: 39-09-34-000-029-000-008