NOT LISTED FOR SALE

602 E 2nd St Madison, IN 47250

Estimated Value: $426,000 - $651,000

4 Beds
3.5 Baths
2,910 Sq Ft
$173/Sq Ft Est. Value

Last Sold March 16, 2022

Last sale price $420,000 $144 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,836/month

17 Days on Market

Highlights

  • 5 Fireplaces
  • Den
  • First Floor Utility Room
  • Corner Lot
  • Covered Patio or Porch
  • Formal Dining Room

About This Home

As of March 2022

Enjoy all of the charm of living in historic downtown Madison, Indiana from this beautifully restored Federal Style home with carriage house.
Built in 1840 this home offers historical characteristics with modern conveniences: 4 Bedrooms/3.5 Bathrooms, lovely foyer, double parlor (living room and dining room both with fireplaces), original windows (with storms), original doors, contemporary kitchen with gas log fireplace and stainless steel appliances (including wine cooler), 2 staircases, 5 fireplaces, 2 laundry hookups (main level & 2nd floor), new HVAC, new plumbing & 2 water heaters. The Master Suite includes a large sitting room, bathroom with double vanity and large walk in closet with laundry hookup. Enjoy the covered back patio overlooking landscaped yard and carriage house. Short walking distance to Ohio River, downtown restaurants, shopping and festivals.

Last Agent to Sell the Property

Scott Lynch

F.C. Tucker/Scott Lynch Group License #RB14019761 Listed on: 01/21/2022

F.C. Tucker/Scott Lynch Group

Last Buyer's Agent

melinda acree

F.C. Tucker/Scott Lynch Group License #RB18000199

F.C. Tucker/Scott Lynch Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,991

Year Built

  • Built in 1840

Lot Details

  • 4,792 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Corner Lot
  • Historic Home

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Stone Foundation

Interior Spaces

  • 2,910 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 5 Fireplaces
  • Decorative Fireplace
  • Gas Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • First Floor Utility Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Unfinished Basement

  • Exterior Basement Entry
  • Basement Cellar
  • Crawl Space

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Gas Available
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 391302142017000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,991

Year Built

Built in 1840

Lot Details

0

Parking

1

Listing Details

  • Additional Parking: Off Street
  • Annual Tax: 1991
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Crawl Space, Rock
  • Legal Description: 011-03636-00 28 FT W SIDE LOT 1 BLK 5 MCI ADD E 602 E. SECOND ST.
  • Numof Fireplaces: 5
  • Out Buildings: Garage
  • Parcel Number: 391302142017000007
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 2910
  • Type: 2 Story, Historical
  • Year Built: 1840
  • Special Features: None

Interior Features

  • Water Heater: Electric, Natural Gas
  • Basement Type: Cellar, Crawl Space, Outside Entrance, Unfinished
  • Above Grade Finished Sq Ft: 2910.00
  • Appliances: Dishwasher, Disposal, Garage Door Opener, Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Fireplace: Gas Burning, Decorative
  • Interior Amenities: 1st Floor Utility, Bath Master, Ceiling Fan(s), Den/Office, Formal Dining Rm, Foyer, Pantry, Walk-In Closet(s)
  • Lot Sq Ft: 4791.60
  • Sewer Type: Sewer
  • Total Sq Ft: 2910

Exterior Features

  • Exterior Features: Covered Patio, Fenced Yard, Landscaped, Patio, Public Sidewalk

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Gas
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Lot Info

  • Acres: 0.1100
  • Lot Description: Corner Lot
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2021
Sold by
The John J Bird Family Trust
Bought by
Hizey Stewadt A and Hizey Kimberly
Current Estimated Value
$503,414
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hizey Stewadt A $180,000 Madison Land Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2022 03/16/22 Sold $420,000 -4.5% $144 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $439,900 -- $151 / 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 $2,466 $246,600 $4,300 $242,300
2023 $2,349 $231,300 $4,300 $227,000
2022 $2,146 $213,700 $4,300 $209,400
2021 $4,061 $202,300 $4,300 $198,000
2020 $1,991 $196,100 $4,300 $191,800
2019 $1,990 $196,100 $4,300 $191,800
2018 $1,988 $196,100 $4,300 $191,800
2017 $1,961 $193,600 $4,300 $189,300
2016 $1,959 $193,600 $4,300 $189,300
2014 $1,735 $172,400 $3,500 $168,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202206464

Southern Indiana REALTORS® Association

APN: 39-13-02-142-017-000-007