NOT LISTED FOR SALE

7484 E 550 N Madison, IN 47250

Estimated Value: $231,000 - $268,465

-- Bed
1 Bath
840 Sq Ft
$300/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $247,900 $295 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,408/month

Highlights

  • Barn
  • 46.17 Acre Lot
  • Single Wide
  • Panoramic View
  • 1-Story Property

About This Home

As of February 2024

45+ acres with 12+/- of that being tillable and 20+/- being timber. Large 1568 sq. ft. barn with 640 sq. ft. lean-to. Barn has electric. There is a perfect spot on property to build your dream home. Property is worth seeing. Mobile home on property is not livable. Call today to view this great piece of paradise.

Last Agent to Sell the Property

JR Harrell

Coldwell Banker Harrell & Asso License #RB14042161 Listed on: 01/06/2024

Coldwell Banker Harrell & Asso

Last Buyer's Agent

OUTSIDE AGENT

OUTSIDE COMPANY

Property Details

Home Type

  • Mobile/Manufactured

Est. Annual Taxes

  • $508

Year Built

  • Built in 1970

Lot Details

  • 46.17

Parking

  • Off-Street Parking

Property Views

  • Panoramic
  • Scenic Vista

Interior Spaces

  • 840 Sq Ft Home
  • 1-Story Property

Additional Features

  • 46.17 Acre Lot
  • Barn
  • Single Wide
  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 390901000007000008

Property Details

Home Type

Mobile/Manufactured

Est. Annual Taxes

$508

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Improvements: 13300
  • Additional Parking: Off Street
  • Annual Tax: 508
  • Appointment: Mandatory
  • Construction: Manufd. Single Wide
  • Foundation: Unknown
  • Land Assessment: 22600
  • Legal Description: 006-00031-00 PT SW 1-4-11 45A 6-3-8 7484 E 550 N
  • Out Buildings: Barn(s)
  • Parcel Number: 390901000007000008
  • Property Sub Type: Farm
  • Property Type: Residential/Farm
  • Timber Acreage: 20
  • Total: 35900
  • Total Deduction Amnt: 10286
  • Total Finished Square Footage: 840
  • Type: 1 Story
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Above Grade Finished Sq Ft: 840.00
  • Lot Sq Ft: 2011165.20
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 840

Utilities

  • Water Type: Unknown

Lot Info

  • Acres: 46.1700
  • Farm Type: General
  • Lot Description: Panoramic View, Scenic View
  • Tillable Acreage: 12
  • Zoning: Agri/ Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2024
Closed on
Feb 16, 2024
Sold by
Scudder Shawn
Bought by
Moore Michael
Seller's Agent
JR Harrell
Coldwell Banker Harrell & Asso
Buyer's Agent
OUTSIDE AGENT
OUTSIDE COMPANY
List Price
$254,900
Sold Price
$247,900
Premium/Discount to List
-$7,000
-2.75%
Views
5
Current Estimated Value
$251,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,966
Avg. Annual Appreciation
-5.68%

Purchase Details

Closed on
Jun 15, 2023
Sold by
Lockridge John R
Bought by
Scudder Shawn
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Moore Michael $247,900 S.E. Indiana Title, Inc.
Scudder Shawn $190,000 Madison Land Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Sold $247,900 -2.7% $295 / Sq Ft
01/06/2024 01/06/24 Pending -- -- --
01/06/2024 01/06/24 For Sale $254,900 -- $303 / 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 $873 $46,800 $33,100 $13,700
2023 $616 $42,200 $28,500 $13,700
2022 $549 $39,300 $24,600 $14,700
2021 $496 $35,900 $22,600 $13,300
2020 $479 $35,400 $22,500 $12,900
2019 $505 $38,100 $25,200 $12,900
2018 $474 $35,100 $25,700 $9,400
2017 $505 $37,500 $28,000 $9,500
2016 $492 $38,600 $29,100 $9,500
2014 $493 $38,900 $30,000 $8,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202405180

Southern Indiana REALTORS® Association

APN: 39-09-01-000-007-000-008