NOT LISTED FOR SALE

738 Michigan Rd Madison, IN 47250

Estimated Value: $235,000 - $397,000

3 Beds
2 Baths
2,080 Sq Ft
$144/Sq Ft Est. Value

Last Sold January 19, 2021

Last sale price $179,900 $86 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,773/month

Highlights

  • Wooded Lot
  • Landscaped
  • Historic Home
  • Covered Patio or Porch
  • Central Air
  • Gas Fireplace

About This Home

As of January 2021

Don't wait to see this charming historical home located in the scenic hills of Downtown Madison. Whether you plan to purchase a new investment property or a recently renovated home for you and your family, this property has so much to offer! Features include a newly remodeled galley kitchen with butcher block countertops and black stainless steel appliances, a hidden wine cellar/ reading nook, an enormous family room with new gas log fireplace, a true master suite with a sitting room and heated bathroom floors, and two private courtyard areas for entertaining. This home is conveniently located on the North side of Downtown Madison. Enjoy walking to your favorite coffee shop, local boutique, or simply taking a stroll along the Ohio River. See this home while you can!

Last Agent to Sell the Property

Kelsey Shaw

F.C. Tucker/Scott Lynch Group License #RB19000651 Listed on: 11/24/2020

F.C. Tucker/Scott Lynch Group

Last Buyer's Agent

Kelsey Shaw

F.C. Tucker/Scott Lynch Group License #RB19000651 Listed on: 11/24/2020

F.C. Tucker/Scott Lynch Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,352

Year Built

  • Built in 1900

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 108x200
  • Landscaped
  • Wooded Lot
  • Historic Home
  • Property is zoned Historic District

Home Design

  • Stone Foundation

Interior Spaces

  • 2,080 Sq Ft Home
  • 2-Story Property
  • Living Quarters
  • Gas Fireplace
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 390835334005000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,352

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Improvements: 4740
  • Annual Tax: 1352
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Crawl Space, Rock
  • Land Assessment: 18000
  • Legal Description: 011-02974-00 22-1/2' Blk Zl&s Add N 22-1/2' Blk Zls Add N 30' By 200' Blk Z 11-113-12 738 MichiganRd
  • Lot Dimensions: 108x200
  • Numof Fireplaces: 1
  • Parcel Number: 390835334005000007
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 22740
  • Total Deduction Amnt: 43996
  • Total Finished Square Footage: 2080
  • Type: 2 Story, Historical
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Crawl Space
  • Above Grade Finished Sq Ft: 2080.00
  • Appliances: Dishwasher, Disposal, Microwave, Range / Oven, Refrigerator
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Fireplace: Gas Burning
  • Interior Amenities: Addl Living Qtrs
  • Lot Sq Ft: 21780.00
  • Room Count: 8
  • Sewer Type: Sanitary Onsite
  • Total Sq Ft: 2080
  • Total Rooms: 8

Exterior Features

  • Exterior Features: Covered Porch, Landscaped

Utilities

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

Lot Info

  • Acres: 0.5000
  • Lot Description: Wooded Lot
  • Zoning: Residential, Historic District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2019
Closed on
Aug 8, 2019
Bought by
Woodside At Madison Llc
Seller's Agent
Scott Lynch
F.C. Tucker/Scott Lynch Group
Buyer's Agent
Kelsey Shaw
F.C. Tucker/Scott Lynch Group
List Price
$149,900
Sold Price
$140,000
Premium/Discount to List
-$9,900
-6.6%
Current Estimated Value
$300,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,439
Avg. Annual Appreciation
13.17%

Purchase Details

Closed on
Nov 29, 2017
Sold by
Sheriff John Wallace
Bought by
Wfg Properties Llc
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 Buyer Sale Price Title Company
Woodside At Madison Llc $140,000 --
Wfg Properties Llc $20,600 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/19/2021 01/19/21 Sold $179,900 0.0% $86 / Sq Ft
12/04/2020 12/04/20 Pending -- -- --
12/04/2020 12/04/20 Price Changed $179,900 +2.9% $86 / Sq Ft
11/24/2020 11/24/20 For Sale $174,900 +24.9% $84 / Sq Ft
08/08/2019 08/08/19 Sold $140,000 -6.6% $76 / Sq Ft View Prior Sale
06/11/2019 06/11/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $149,900 -- $81 / 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 $2,090 $104,500 $18,000 $86,500
2023 $2,138 $104,500 $18,000 $86,500
2022 $1,365 $69,300 $18,000 $51,300
2021 $1,356 $65,400 $18,000 $47,400
2020 $1,356 $65,400 $18,000 $47,400
2019 $1,353 $65,400 $18,000 $47,400
2018 $1,035 $49,800 $18,000 $31,800
2017 $1,240 $75,100 $18,000 $57,100
2016 $726 $75,100 $18,000 $57,100
2014 $1,010 $96,800 $18,000 $78,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2020012155

Southern Indiana REALTORS® Association

APN: 39-08-35-334-005-000-007