NOT LISTED FOR SALE

740 W Main St Madison, IN 47250

Estimated Value: $461,733 - $521,000

4 Beds
2.5 Baths
3,260 Sq Ft
$152/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $390,000 $120 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,899/month

44 Days on Market

Highlights

  • 6 Fireplaces
  • Sun or Florida Room
  • Formal Dining Room
  • Bonus Room
  • Den
  • Fenced Yard

About This Home

As of October 2021

This is a very unique opportunity in Historic Madison! This 1855 Georgian structure is known as the August Frevert House, and is upon a very large parcel of land. With stories that are rich, its portico from New Orleans, and iron fencing from the Ripley County courthouse, the estate has rich roots and is adorned classically. The layout of the home is open and grand, offering 4 bedrooms and 2 and 1/2 bathrooms. There are wide hallways and extra spaces throughout. Many doors and windows, as well as built-in cabinetry lend historic charm. An attached garage and off-street parking are accommodations of this property, and the potential uses of the .4 acres of land are tremendous. Owned by two generations of one family, this property is truly an opportunity not offered to the market previously!

Last Agent to Sell the Property

Jessica Butler

License #RB18001702 Listed on: 08/16/2021

Last Buyer's Agent

Kelsey Shaw

F.C. Tucker/Scott Lynch Group License #RB19000651

F.C. Tucker/Scott Lynch Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,606

Year Built

  • Built in 1855

Lot Details

  • 0.4 Acre Lot
  • Fenced Yard
  • Historic Home
  • Property is zoned Historic District

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Stone Foundation

Interior Spaces

  • 3,260 Sq Ft Home
  • 2-Story Property
  • Built-in Bookshelves
  • Ceiling Fan
  • 6 Fireplaces
  • Decorative Fireplace
  • Blinds
  • Family Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • Sun or Florida Room
  • Utility Room
  • Basement Cellar

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Cedar Closet
  • Ceramic Tile in Bathrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessibility Features

Outdoor Features

  • Enclosed Patio or Porch
  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 390834444115000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,606

Year Built

Built in 1855

Lot Details

0

Parking

1

Listing Details

  • Improvements: 247100
  • Additional Parking: Off Street
  • Annual Tax: 2606
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Rock
  • Land Assessment: 13500
  • Legal Description: 011-04271-00 Front Cor Main and Oak Stes N 1/2 way to 3rd st 11-141-4 740 W Main St
  • Numof Fireplaces: 6
  • Out Buildings: Shed
  • Parcel Number: 390834444115000007
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 260600
  • Total Deduction Amnt: 120460
  • Total Finished Square Footage: 3260
  • Type: 2 Story, Historical
  • Year Built: 1855
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 3260.00
  • Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Microwave, Range / Oven, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Fireplace: Decorative
  • Interior Amenities: Access. Features, Blinds, Bonus Room, Built-In Bookcase, Cedar Closet(s), Ceiling Fan(s), Ceramic Bath, Den/Office, Eat-In Kitchen, Family Room, Formal Dining Rm, Utility/Mud Room
  • Lot Sq Ft: 17424.00
  • Sewer Type: Sewer
  • Total Sq Ft: 3260

Exterior Features

  • Exterior Features: Enclosed Porch, Fenced Yard, Public Sidewalk, Sunroom
  • Road Frontage: 82

Garage/Parking

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

Utilities

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

Lot Info

  • Acres: 0.4000
  • Zoning: Residential, Historic District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2021
Closed on
Oct 29, 2021
Sold by
Schnaitter Spencer J Estate
Bought by
Bradley Sims
Seller's Agent
Jessica Butler
Buyer's Agent
Kelsey Shaw
F.C. Tucker/Scott Lynch Group
List Price
$449,900
Sold Price
$390,000
Premium/Discount to List
-$59,900
-13.31%
Current Estimated Value
$495,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,683
Avg. Annual Appreciation
6.29%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bradley Sims $390,000 Jefferson County Land Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $390,000 -8.2% $120 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/22/2021 09/22/21 Price Changed $425,000 -5.3% $130 / Sq Ft
08/18/2021 08/18/21 Price Changed $449,000 -0.2% $138 / Sq Ft
08/16/2021 08/16/21 For Sale $449,900 -- $138 / 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 $3,251 $325,100 $13,500 $311,600
2023 $3,053 $305,300 $13,500 $291,800
2022 $2,827 $282,700 $13,500 $269,200
2021 $2,686 $268,600 $13,500 $255,100
2020 $2,606 $260,600 $13,500 $247,100
2019 $2,606 $260,600 $13,500 $247,100
2018 $2,606 $260,600 $13,500 $247,100
2017 $2,581 $258,100 $13,500 $244,600
2016 $2,581 $258,100 $13,500 $244,600
2014 $2,087 $208,700 $13,700 $195,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2021010119

Southern Indiana REALTORS® Association

APN: 39-08-34-444-115-000-007