Seller's Agent in 2024
Jim Pruett
EXP Realty LLC
(812) 274-0660
170 in this area
367 Total Sales
618 E 2nd St Madison, IN 47250
Estimated Value: $493,505 - $588,000
5
Beds
4
Baths
4,240
Sq Ft
$126/Sq Ft
Est. Value
Highlights
- No HOA
- Porch
- Property is Fully Fenced
- 1 Car Detached Garage
- Forced Air Heating and Cooling System
About This Home
As of September 2024Nestled in the heart of Historic Downtown Madison, this charming residential home offers a blend of historic elegance and modern convenience. The home's kitchen is a true masterpiece, adorned with 11 stunning frescos that add a touch of artistic elegance to the space. This area is well-equipped with a large island, abundant countertop space, extensive storage, and a convenient walk-in pantry, making it perfect for both casual meals and gourmet cooking. The second floor features three beautifully appointed rooms, each with its own private bath. At the back of the house, there is a cozy living room and a full bath. Convenient off street parking with garage, equipped with it's own electric meter. The fenced in yard is beautifully landscaped. This property is a rare find, offering the charm of historic architecture, the beauty of unique artistic touches, and the practicality of modern amenities. This home promises comfort, elegance, and a truly special living experience. For more details on property and updates, see attached document. This property leans itself to a income producing property. With the two upper bedrooms having outside access, could be rented as Air B&B. To use the two bedrooms as part of the living space, a portion of the second story porch could be an atrium room.
Last Buyer's Agent
NON MEMBER
NON-MEMBER OFFICE
Home Details
Home Type
- Single Family
Year Built
- Built in 1844
Lot Details
- 7,405
Parking
- 1 Car Detached Garage
Home Design
- Brick Exterior Construction
- Shingle Roof
Interior Spaces
- 4,240 Sq Ft Home
- 2-Story Property
- Basement
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Heat Pump System
Additional Features
- Porch
- Property is Fully Fenced
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 391302142021000007
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 14, 2024
Closed on
Sep 19, 2024
Sold by
Walters Teresa M
Bought by
Carrick Terri L
Seller's Agent
Jim Pruett
EXP Realty LLC
Buyer's Agent
NON MEMBER
NON-MEMBER OFFICE
List Price
$549,000
Sold Price
$490,000
Premium/Discount to List
-$59,000
-10.75%
Views
105
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,126
Avg. Annual Appreciation
7.14%
Purchase Details
Listed on
May 18, 2021
Closed on
Sep 13, 2021
Sold by
Frasier Mary G
Bought by
Walters Teresa M
Seller's Agent
Jim Pruett
EXP Realty LLC
Buyer's Agent
Jim Pruett
EXP Realty LLC
List Price
$360,000
Sold Price
$337,500
Premium/Discount to List
-$22,500
-6.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.14%
Purchase Details
Closed on
May 28, 2014
Sold by
Gray
Bought by
Wilson
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Carrick Terri L | $490,000 | Madison Land Title | |
| Walters Teresa M | $337,500 | Madison Land Title | |
| Walters Teresa M | $337,500 | Madison Land Title | |
| Wilson | $248,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/19/2024 09/19/24 | Sold | $490,000 | -5.8% | $116 / Sq Ft | |
| 08/06/2024 08/06/24 | Pending | -- | -- | -- | |
| 08/02/2024 08/02/24 | Price Changed | $519,900 | -3.3% | $123 / Sq Ft | |
| 07/03/2024 07/03/24 | Price Changed | $537,500 | -2.1% | $127 / Sq Ft | |
| 06/14/2024 06/14/24 | For Sale | $549,000 | +62.7% | $129 / Sq Ft | |
| 09/13/2021 09/13/21 | Sold | $337,500 | -6.3% | $80 / Sq Ft | View Prior Sale |
| 07/26/2021 07/26/21 | Pending | -- | -- | -- | |
| 05/18/2021 05/18/21 | For Sale | $360,000 | -- | $85 / Sq Ft |
Source: Metro Search, Inc.
Tax History Compared to Growth
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 | $3,090 | $309,000 | $6,800 | $302,200 |
| 2023 | $2,899 | $289,900 | $6,800 | $283,100 |
| 2022 | $2,679 | $267,900 | $6,800 | $261,100 |
| 2021 | $2,530 | $253,000 | $6,800 | $246,200 |
| 2020 | $4,906 | $245,300 | $6,800 | $238,500 |
| 2019 | $4,906 | $245,300 | $6,800 | $238,500 |
| 2018 | $4,906 | $245,300 | $6,800 | $238,500 |
| 2017 | $4,840 | $242,000 | $6,800 | $235,200 |
| 2016 | $4,840 | $242,000 | $6,800 | $235,200 |
| 2014 | $2,002 | $200,200 | $5,500 | $194,700 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Pruett
-
N
Buyer's Agent in 2024
NON MEMBER
NON-MEMBER OFFICE
Map
Source: Metro Search, Inc.
MLS Number: 1663325
APN: 39-13-02-142-021-000-007
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