NOT LISTED FOR SALE

601 E Madison Ave Fairfield, IA 52556

Estimated Value: $235,000 - $296,000

3 Beds
3 Baths
1,836 Sq Ft
$148/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $235,000 $128 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,481/month

53 Days on Market

Highlights

  • Recreation Room
  • 1 Fireplace
  • No HOA
  • Ranch Style House
  • Sun or Florida Room
  • 2 Car Attached Garage

About This Home

As of June 2022

Close to 2,000 sq ft of main-level living in this home with a nice easy flow. Double-sided gas-burning fireplace separates the front living room from the secondary living room / dining room. Bonus sunroom provides views all around & connects you to the outside with the large two-level deck. Spacious kitchen w/eat-at bar, new countertops, newer appliances, plentiful cabinet space & a view clear through the sunroom. Adjacent laundry room has a larger-than-most hidden pantry & a sink. Large primary bedroom with a private 3/4 bath. Additional main-level bedroom & a full bath w/tile floor complete the main floor living area. Lower level provides lots of opportunity for your touch but currently has an egress window together w/ family room area, recreation area perfect for hobbies / games / toys / & the like, & also has a 3/4 bath w/adjoining bedroom or office. New siding & new deck in last 3 years. Fantastic two-car attached garage, spacious parking apron & nice approach.

Last Agent to Sell the Property

Tammy Dunbar

Fairfield Real Estate Listed on: 03/31/2022

Fairfield Real Estate

Last Buyer's Agent

Tammy Dunbar

Fairfield Real Estate Listed on: 03/31/2022

Fairfield Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,010

Year Built

  • Built in 1978

Lot Details

  • 0.34

Home Design

  • Ranch Style House
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,836 Sq Ft Home
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Recreation Room
  • Sun or Florida Room
  • Basement Fills Entire Space Under The House
  • Range
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces

Additional Features

  • Storage Shed
  • 0.34 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,010

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: None
  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: MADISON CIRCLE SUB LT 5
  • Municipality: Fairfield
  • Year Built: 1978
  • OFFICELIST_ADDRESS: 601 E Madison Avenue
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2022-04-04
  • List Office I D: 708
  • Sales Office I D: 708
  • Selling Agent: 3822
  • Share Listings With: Broker Reciprocity, CoreLogic Listing License, Homes.com, Realtor.com, RPR Listing License
  • Street Designation: Avenue
  • Building Style: Ranch
  • Bedroom 1 Level: Main
  • Family Room Characteristics: Main Level, Lower Level
  • Special Features: None

Interior Features

  • Common Walls: No
  • Appliances: Range, Refrigerator
  • Fireplaces: 1
  • Bedrooms: 3
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Bedroom 4: No
  • Bathroom Description: Main Floor Full Bath, 3/4 Master, 3/4 Basement
  • Total Bathrooms: 3
  • Basement: Full
  • Dining Room: Dining Room
  • Family Room: Family Room
  • Kitchen: Kitchen
  • Kitchen Level: Main
  • Living Room: Living Room
  • Room 1: Sun Room
  • Room 2: Family Room
  • Room 3: Laundry
  • Room 4: Recreation Room
  • Main Floor Sq Ft: 1836
  • Price Per S Q F T: 128
  • Above Grade Finished Sq Ft: 1836
  • Below Grade Finished Sq Ft: 132
  • Below Grade Total Sq Ft: 1836
  • Fireplace Chars: Gas Burning, 2-Sided
  • Fireplace: Yes
  • Room Types: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Extra Room 1, Extra Room 2, Extra Room 3, Extra Room 4, Extra Room 5, Extra Room 6, Family Room, Kitchen, Living Room
  • Three Quarter Bathrooms: 2
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Lower
  • Dining Room Level: Main
  • Extra Room1 Level: Main
  • Extra Room2 Level: Lower
  • Extra Room3 Level: Main
  • Extra Room4 Level: Lower
  • Family Room Level: Main
  • Living Room Level: Main

Exterior Features

  • Waterfront Present: No
  • Construction Status: No
  • Exterior: Vinyl
  • Foundation Size: 1580
  • Road Frontage: City Street
  • Roof: Asphalt Shingles
  • Outbuildings: Storage Shed

Garage/Parking

  • Description: Attached Garage, Driveway - Concrete
  • Fuel: Natural Gas
  • Parking Open: 2

Utilities

  • Air Conditioner: Central
  • Garage Stalls: 2
  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected
  • Electric: Circuit Breakers

Association/Amenities

  • Complex/Development/Subdivision: Madison Circle

Condo/Co-op/Association

  • Association Fee YN: No

Fee Information

  • Tax Class: SINGLE FAMILY

Schools

  • School District: Fairfield
  • School District Number: 2169
  • School District Phone: 641-472-2655

Lot Info

  • New Develop: No
  • Acres: 0.34
  • Assessment Pending: No
  • Homestead Description: Owner
  • Lot Dimensions: .34 acres
  • Lot Size Sq Ft: 14810
  • Lot Size Units: Acres

Green Features

  • Certification: No

Rental Info

  • Availability: Unavailable
  • Rental License: No

Tax Info

  • Tax With Assessments: 4010
  • Tax Year: 2020
  • Gross Taxes: 4010

MLS Schools

  • School District: 2169 - Fairfield
  • School District Name: Fairfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
Jun 10, 2022
Sold by
Benge Floyd C
Bought by
Melcher Adam C
Seller's Agent
Tammy Dunbar
Fairfield Real Estate
Buyer's Agent
Tammy Dunbar
Fairfield Real Estate
List Price
$259,000
Sold Price
$235,000
Premium/Discount to List
-$24,000
-9.27%
Current Estimated Value
$271,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,078
Avg. Annual Appreciation
5.77%
Original Mortgage
$238,000
Outstanding Balance
$227,755
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$53,418

Purchase Details

Closed on
Sep 19, 2014
Sold by
Gamrath Thomas S
Bought by
Benge Floyd C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,500
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2011
Sold by
Wallarab Richard K and Wallarab Donna Sue
Bought by
Gamrath Thomas S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Melcher Adam C $235,000 None Listed On Document
Benge Floyd C $162,500 None Available
Gamrath Thomas S $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melcher Adam C $238,000
Previous Owner Benge Floyd C $152,800
Previous Owner Benge Floyd C $162,500
Previous Owner Gamrath Thomas S $24,000
Previous Owner Gamrath Thomas S $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold $235,000 -9.3% $128 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $259,000 -- $141 / Sq Ft
Source: NoCoast 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 $44 $249,400 $32,500 $216,900
2023 $4,404 $249,400 $32,500 $216,900
2022 $3,956 $204,200 $32,500 $171,700
2021 $3,956 $204,200 $32,500 $171,700
2020 $3,942 $197,600 $32,500 $165,100
2019 $3,994 $185,200 $0 $0
2018 $3,986 $192,600 $0 $0
2017 $3,986 $173,900 $0 $0
2016 $3,632 $173,900 $0 $0
2015 $3,294 $154,300 $0 $0
2014 $3,294 $154,300 $0 $0
2013 $3,296 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tammy Dunbar

    Seller's Agent in 2022

    Tammy Dunbar

    Fairfield Real Estate

    (641) 919-2625

    334 Total Sales

    Section Image
See All Agents

Map

Source: NoCoast MLS

MLS Number: NOC6172114

NoCoast MLS

APN: 06-25-453-045

Iowa Jefferson County Fairfield 52556

601 E Madison Ave, Fairfield, IA

This home is located at 601 E Madison Ave, Fairfield, IA 52556 since 31 March 2022 and is currently estimated at $271,078, approximately $147 per square foot. This property was built in 1978. 601 E Madison Ave is a home located in Jefferson County with nearby schools including Fairfield High School, Maharishi School, and Cornerstone Primary 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.

NoCoast MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes