NOT LISTED FOR SALE

742 W 3rd St Madison, IN 47250

Estimated Value: $218,000 - $271,000

3 Beds
1 Bath
1,727 Sq Ft
$140/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $230,000 $133 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,378/month

55 Days on Market

Highlights

  • Deck
  • 2 Fireplaces
  • Covered patio or porch
  • Main Floor Primary Bedroom
  • Den
  • First Floor Utility Room

About This Home

As of October 2024

Check out this wonderful home in the heart of Historic downtown Madison. This home has been impeccably maintained, but could use some updates, so the sellers have given a generous price reduction to allow you opportunity to do your own updates! With amazing amounts of space throughout, this residence also offers a large heated garage and a charming fenced backyard, complete with a covered deck for year-round enjoyment. The stunning brick exterior opens up to reveal beautiful hardwood floor and a warm fireplace in the front room. The modern kitchen showcases stylish white cabinets, a practical breakfast bar, and an adjacent dining room for formal affairs. There is a bedroom and bathroom on the main living level, while the upstairs rooms provide great space for two potential bedrooms, office, or storage space. The deep garage can fit two small cars or a car and a golf cart, and the pet-friendly lawn ensures low-maintenance outdoor enjoyment.

Last Listed By

Jackie Armel Greene

Coldwell Banker Harrell & Asso License #RB16000528 Listed on: 07/29/2024

Coldwell Banker Harrell & Asso

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $399

Year Built

  • Built in 1900

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 25 x 165
  • Fenced Yard
  • Landscaped

Parking

  • 2 Car Detached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Stone Foundation
  • Frame Construction

Interior Spaces

  • 1,727 Sq Ft Home
  • 1.5-Story Property
  • Built-in Bookshelves
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Fireplace
  • Thermal Windows
  • Blinds
  • Window Screens
  • Formal Dining Room
  • Den
  • First Floor Utility Room
  • Basement
  • Basement Cellar

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Gas Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 390834444059000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$399

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Improvements: 106800
  • Additional Parking: On Street
  • Annual Tax: 399
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Rock
  • Land Assessment: 3900
  • Legal Description: 011-04636-00 PT BLK 2 MCI ADD W 11-148-15.1 742 W THIRD ST
  • Lot Dimensions: 25 x 165
  • Numof Fireplaces: 2
  • Open House Count: 1
  • Out Buildings: Garage
  • Parcel Number: 390834444059000007
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 110700
  • Total Deduction Amnt: 110700
  • Total Finished Square Footage: 1727
  • Type: 1.5 Story
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 1727.00
  • Appliances: Dishwasher, Microwave
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Fireplace: Gas Burning
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Blinds, Breakfast Bar, Built-In Bookcase, Ceiling Fan(s), Den/Office, Eat-In Kitchen, Formal Dining Rm, Split Bedrooms
  • Lot Sq Ft: 7840.80
  • Room Count: 7
  • Sewer Type: Sewer
  • Total Sq Ft: 1727
  • Total Rooms: 7

Exterior Features

  • Exterior Features: Covered Porch, Deck, Fenced Yard, Landscaped, Paved Driveway, Porch, Public Sidewalk, Screens, Thermopane Windows
  • Road Frontage: 25

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Electric, Gas
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Lot Info

  • Acres: 0.1800
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2024
Closed on
Oct 18, 2024
Sold by
Beech Jerry L
Bought by
Hennessey Terry James
Seller's Agent
Jackie Armel Greene
Coldwell Banker Harrell & Asso
Buyer's Agent
JR Harrell
Coldwell Banker Harrell & Asso
List Price
$279,900
Sold Price
$230,000
Premium/Discount to List
-$49,900
-17.83%
Total Days on Market
55
Views
104
Current Estimated Value
$241,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,739
Avg. Annual Appreciation
9.47%

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
Hennessey Terry James $230,000 Stein Law
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2024 10/18/24 Sold $230,000 -11.5% $133 / Sq Ft
09/22/2024 09/22/24 Pending -- -- --
09/11/2024 09/11/24 Price Changed $259,900 -5.5% $150 / Sq Ft
08/21/2024 08/21/24 Price Changed $274,900 -1.8% $159 / Sq Ft
07/29/2024 07/29/24 For Sale $279,900 -- $162 / 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 $444 $110,700 $3,900 $106,800
2023 $399 $110,700 $3,900 $106,800
2022 $383 $102,300 $3,900 $98,400
2021 $114 $89,000 $3,900 $85,100
2020 $119 $89,400 $3,900 $85,500
2019 $114 $89,400 $3,900 $85,500
2018 $110 $89,400 $3,900 $85,500
2017 $93 $88,600 $3,900 $84,700
2016 $89 $88,600 $3,900 $84,700
2014 $81 $88,200 $3,200 $85,000
Source: Public Records

Agents Affiliated with this Home

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Source: Southern Indiana REALTORS® Association

MLS Number: 202409633

Southern Indiana REALTORS® Association

APN: 39-08-34-444-059-000-007