$125,000
SOLD DEC 2, 2024

702 S Madison St Sullivan, IL 61951

3 Beds
1 Bath
1,144 Sq Ft
7,100 Sq Ft Lot

Recently Sold

$109 Per Sq Ft

2% Above List Price

1 Day on Market

Highlights

  • 1 Car Detached Garage
  • Walk-In Closet
  • Forced Air Heating and Cooling System
  • Front Porch
  • Patio
  • 1-Story Property

About This Home

As of December 2024

Discover this beautifully renovated 3-bedroom home in a peaceful small-town setting, ideally located on a corner lot. With so much new to love, you’ll enjoy a 2024 remodel featuring a brand-new kitchen, bathroom, flooring, and modern lighting throughout. Major systems like the HVAC, water heater, metal roof, and gutters are only five years old, giving you peace of mind and comfort for years to come. This property is close to Lake Shelbyville, offering easy access to outdoor activities and lake amenities, perfect for weekend adventures and relaxation. Don’t miss this move-in-ready gem—it’s the perfect blend of small-town charm and modern convenience!

Last Agent to Sell the Property

Brad Godden

Glenda Williamson Realty License #471019115 Listed on: 11/11/2024

Last Buyer's Agent

Kristy Frost

Main Place Real Estate License #475200529

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,896

Year Built

  • Built in 1957

Lot Details

  • 7,100 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,144 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • No Kitchen Appliances
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Front Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • George Brosams Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08-08-11-235-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,896

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Above Grade Finished Sq Ft: 1144.0
  • Lot Size Acres: 0.16
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Concrete
  • Building Stories: 1
  • Subdivision Name: George Brosams Add
  • Year Built: 1957
  • Architectural Style: Other
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater, None
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Main Level Primary, Walk-In Closet(s)
  • Fireplace: No
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding
  • Roof: Metal
  • Waterfront: No
  • Foundation Details: Crawlspace
  • Patio And Porch Features: Front Porch, Patio

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: No
  • Parking Features: Detached, Garage

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Water Source: Public
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Sullivan Dist. 300

Lot Info

  • Lot Size Sq Ft: 7100.0
  • Parcel #: 08-08-11-235-001
  • Zoning: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1896.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2024
Closed on
Dec 2, 2024
Sold by
Linville Bill
Bought by
Cm Investment Properties Llc
Seller's Agent
Brad Godden
Glenda Williamson Realty
Buyer's Agent
Kristy Frost
Main Place Real Estate
List Price
$122,500
Sold Price
$125,000
Premium/Discount to List
$2,500
2.04%
Views
5
Current Estimated Value
$128,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,020
Avg. Annual Appreciation
3.07%
Original Mortgage
$100,000
Outstanding Balance
$97,213
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$30,807

Purchase Details

Listed on
Jan 24, 2019
Closed on
Apr 4, 2019
Sold by
Va
Bought by
Linville Bill
Seller's Agent
Bill Mundy
The Real Estate Shoppe - Sullivan
Buyer's Agent
Bill Mundy
The Real Estate Shoppe - Sullivan
List Price
$35,000
Sold Price
$35,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.37%
Original Mortgage
$100,000
Interest Rate
5.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 6, 2019
Sold by
Moultrie County Sheriff
Bought by
Va

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.25%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $125,000 None Listed On Document
Special Warranty Deed -- Macon County Title
Sheriffs Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 New Conventional
Previous Owner $79,374 Commercial
Previous Owner $100,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2024 12/02/24 Sold $125,000 +2.0% $109 / Sq Ft
11/11/2024 11/11/24 For Sale $122,500 +250.0% $107 / Sq Ft
04/19/2019 04/19/19 Sold $35,000 0.0% $31 / Sq Ft
02/05/2019 02/05/19 Pending -- -- --
01/24/2019 01/24/19 For Sale $35,000 -- $31 / Sq Ft
Source: Central Illinois Board of REALTORS®

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 $2,617 $28,283 $2,056 $26,227
2023 $1,896 $26,554 $1,930 $24,624
2022 $1,815 $25,710 $4,262 $21,448
2021 $1,739 $24,444 $4,052 $20,392
2020 $1,652 $23,472 $3,891 $19,581
2019 $1,595 $23,060 $3,823 $19,237
2018 $1,746 $24,621 $1,941 $22,680
2017 $1,753 $24,526 $1,934 $22,592
2016 $1,839 $24,580 $1,938 $22,642
2015 $1,798 $24,100 $1,900 $22,200
2014 -- $23,990 $1,950 $22,040
2013 -- $23,990 $1,950 $22,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6247665

APN: 08-08-11-235-001