$148,000
SOLD NOV 19, 2025

708 Madison St Gillespie, IL 62033

3 Beds
2 Baths
1,180 Sq Ft
6,251 Sq Ft Lot

Recently Sold

$125 Per Sq Ft

18% Below List Price

125 Days on Market

Highlights

  • Ranch Style House
  • Corner Lot
  • Living Room
  • Ben-Gil Elementary School Rated 9+
  • No HOA
  • Shed

About This Home

As of November 2025

Freshly remodeled 3 bed, 2 bath home on a large corner lot! Inside, you’ll find an open living and kitchen area with luxury vinyl plank flooring throughout. The primary bedroom includes its own full bath with a tub/shower combo, and two more good-sized bedrooms share a second full bath—also with a tub/shower. Full unfinished basement with laundry area offers extra space and storage. Outside, there’s a detached 2-car garage and a shed for even more storage.

Last Agent to Sell the Property

Mike Mihelcic

RE/MAX Alliance License #475155256 Listed on: 06/07/2025

RE/MAX Alliance

Last Buyer's Agent

James Syed

Prime Real Estate and Property Management License #2024040387

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $630

Year Built

  • Built in 1950

Lot Details

  • 6,251 Sq Ft Lot
  • Lot Dimensions are 100x127
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,180 Sq Ft Home
  • Living Room
  • Dining Room
  • Luxury Vinyl Plank Tile Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Gas Oven

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Gillespie Dist 7 Elementary And Middle School
  • Gillespie Community High Schoo

Additional Features

  • Shed
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 10-002-383-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$630

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1950
  • Directions: Route 4 to Baker to Madison
  • Property Sub-Type: Single Family Residence
  • ResoLotFeatures: Corner Lot
  • Lot Size Acres: 0.1435
  • Co List Office Phone: 618-635-2900
  • MLS Status: Closed
  • Subdivision Name: Peecks Add
  • Above Grade Finished Sq Ft: 1180
  • Architectural Style: Ranch
  • Carport Y N: No
  • Unit Levels: One
  • New Construction: No
  • Financial Info Electric: Ameren
  • MIS_RoomFlooring: Luxury Vinyl Plank
  • MIS_AboveGradeFinishedAreaSrchSqFt: 1180.00
  • MIS_RoomFlooring: Luxury Vinyl Plank
  • MIS_RoomFlooring: Luxury Vinyl Plank
  • MIS_RoomFlooring: Luxury Vinyl Plank
  • MIS_RoomFlooring: Luxury Vinyl Plank
  • PreviousStatus: Active Under Contract
  • MIS_SellerConsiderConcessionYN: 1
  • MIS_RoomFlooring: Luxury Vinyl Plank
  • MIS_RoomFlooring: Luxury Vinyl Plank
  • MIS_RoomFlooring: Luxury Vinyl Plank
  • MIS_PoolYN: 0
  • MIS_BelowGradeFinishedAreaSrchSqFt: 0.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished
  • Appliances: Dryer, Gas Oven, Washer
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • MIS_LowerLevelBathroomsFull: 0
  • MIS_LowerLevelBathroomsHalf: 0
  • MIS_LowerLevelBedrooms: 0
  • MIS_MainLevelBathroomsFull: 2
  • MIS_MainLevelBathroomsHalf: 0
  • MIS_UpperLevelBathroomsFull: 0
  • MIS_UpperLevelBathroomsHalf: 0
  • MIS_UpperLevelBedrooms: 0

Exterior Features

  • Pool Private: No
  • Waterfront: No
  • Disclosures: See Seller's Disclosure, Seller Property Disclosure
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Other Structures: Shed(s)

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: No
  • Attached Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: GILLESPIE DIST 7
  • Junior High Dist: GILLESPIE DIST 7
  • High School: Gillespie Community High Schoo
  • Middle Or Junior School: GILLESPIE DIST 7

Lot Info

  • Development Status: Completed
  • Lot Dimensions: 100x127
  • Parcel Number: 10-002-383-00

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 630

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2025
Closed on
Nov 19, 2025
Sold by
M & E Legacy Llc
Bought by
Rauzi Bradley and Rauzi Jennifer
Seller's Agent
Mike Mihelcic
RE/MAX Alliance
Buyer's Agent
James Syed
Prime Real Estate and Property Management
List Price
$179,900
Sold Price
$148,000
Premium/Discount to List
-$31,900
-17.73%
Views
81

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.73%
Original Mortgage
$133,000
Outstanding Balance
$133,000
Interest Rate
6.3%
Mortgage Type
Credit Line Revolving
Estimated Equity
$14,270

Purchase Details

Listed on
Mar 19, 2024
Closed on
Apr 26, 2024
Sold by
Schmidt Helen M
Bought by
M & E Legacy Llc
Seller's Agent
Lori Reid Gardner
Century 21 Reid Baugher Realty
Buyer's Agent
Mike Mihelcic
RE/MAX Alliance
List Price
$67,000
Sold Price
$67,000
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.66%
Original Mortgage
$74,600
Interest Rate
6.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jun 16, 2020
Closed on
Sep 9, 2020
Sold by
Ward Dorothy and Steele Christy
Bought by
Schmidt Helen M
Seller's Agent
Becky Mcgowen
Landmark Realty
Buyer's Agent
Sharon Notter
Cisler & Associates Real Estate
List Price
$59,900
Sold Price
$50,000
Premium/Discount to List
-$9,900
-16.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.44%
Original Mortgage
$50,505
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 17, 2016
Closed on
May 6, 2016
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Steele Martin and Ward Dorothy
Seller's Agent
John Blasingame
Keller Williams Marquee
Buyer's Agent
Jeff Tretter
Keller Williams Marquee
List Price
$44,900
Sold Price
$39,200
Premium/Discount to List
-$5,700
-12.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.94%
Original Mortgage
$43,203
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 8, 2016
Sold by
United Community Bank
Bought by
Federal Home Loan Mortgage Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,203
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 3, 2015
Sold by
Macoupin County Sheriff
Bought by
United Community Bank

Purchase Details

Closed on
Oct 1, 2009
Bought by
Jackson Richard
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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- Community Title
Warranty Deed $50,000 Community Title & Escrow
Warranty Deed $9,000 Metro Title & Escrow Llc
Quit Claim Deed -- --
Sheriffs Deed -- --
Deed $59,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $133,000 Credit Line Revolving
Previous Owner $74,600 Credit Line Revolving
Previous Owner $50,505 New Conventional
Previous Owner $43,203 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/19/2025 11/19/25 Sold $148,000 -1.3% $125 / Sq Ft
09/25/2025 09/25/25 Price Changed $149,900 -3.3% $127 / Sq Ft
09/19/2025 09/19/25 Price Changed $155,000 -6.1% $131 / Sq Ft
07/01/2025 07/01/25 Price Changed $165,000 -2.4% $140 / Sq Ft
06/25/2025 06/25/25 Price Changed $169,000 -6.1% $143 / Sq Ft
06/07/2025 06/07/25 For Sale $179,900 +168.5% $152 / Sq Ft
04/26/2024 04/26/24 Sold $67,000 0.0% $57 / Sq Ft View Prior Sale
04/25/2024 04/25/24 Pending -- -- --
03/19/2024 03/19/24 For Sale $67,000 +34.0% $57 / Sq Ft
09/16/2020 09/16/20 Sold $50,000 -16.5% $36 / Sq Ft View Prior Sale
09/16/2020 09/16/20 Pending -- -- --
06/16/2020 06/16/20 For Sale $59,900 +52.8% $43 / Sq Ft
06/27/2016 06/27/16 Sold $39,200 -12.7% $28 / Sq Ft View Prior Sale
04/20/2016 04/20/16 Pending -- -- --
03/17/2016 03/17/16 For Sale $44,900 -- $32 / Sq Ft
Source: MARIS 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 $1,231 $24,953 $4,220 $20,733
2023 $630 $23,104 $3,907 $19,197
2022 $630 $21,592 $3,651 $17,941
2021 $556 $29,473 $1,706 $27,767
2020 $1,180 $18,812 $1,594 $17,218
2019 $1,300 $16,442 $1,518 $14,924
2018 $1,289 $16,442 $1,518 $14,924
2017 $1,027 $16,119 $1,488 $14,631
2016 $759 $16,119 $1,488 $14,631
2015 $772 $16,119 $1,488 $14,631
2014 $785 $16,119 $1,488 $14,631
2013 $811 $17,492 $1,615 $15,877
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS25036619

MARIS MLS

APN: 10-002-383-00