NOT LISTED FOR SALE

794 Madison 5195 Elkins, AR 72727

Estimated Value: $156,812 - $199,000

20 Acres
$8,398 Price per Acre
871,200 Sq Ft Lot

Last Sold November 13, 2023

Last sale price $147,500

Est. 14% increase in value since last sale

Current estimated payment $922/month

31 Days on Market

Highlights

  • Secluded Lot
  • Creek or Stream
  • Partially Fenced Property
  • Partially Wooded Lot

About This Lot

As of November 2023

If you're looking for an amazing secluded 20 acres to build on this is it! There are several locations where you can build. Septic, county water, and brand new 50 amp service already on site. The White River is only minutes away.

Last Agent to Sell the Property

Robert Brock

Collier & Associates - Farmington Branch License #SA00087394 Listed on: 09/12/2023

Last Buyer's Agent

The Limbird Team

Limbird Real Estate Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $419

Lot Details

  • 20 Acre Lot
  • Property fronts a county road
  • Creek or Stream
  • Rural Setting
  • Partially Fenced Property
  • Secluded Lot
  • Sloped Lot
  • Partially Wooded Lot
  • Landscaped with Trees

Utilities

  • Propane
  • Septic Tank

Additional Features

  • Outside City Limits
  • Mobile Home Allowed

Property Details

Property Type

Land

Est. Annual Taxes

$419

Lot Details

0

Listing Details

  • Property Sub Type: Recreation
  • Prop. Type: Land
  • Lot Size Acres: 20.0
  • Road Frontage Type: County Road
  • Directions: South Hwy 16 from Elkins for 21 miles. Left onto CR 5201, cross White River, stay left at the first fork, turn left at second fork an immediate left at the sign for Patrick Cemetery CR5488. Travel approx 1/2 mile, turn right on 5195 look for sign on right
  • ResoPropertyType: Land
  • Special Features: VirtualTour

Exterior Features

  • Fencing: Partial
  • Lot Features: Hardwood Trees, Mobile Home Allowed, Outside City Limits, Recreational, Rural Lot, Stream/Creek, Secluded, Wooded
  • Topography: Sloping

Utilities

  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Utilities: Propane, Electricity Available
  • Water Source: Public

Schools

  • Junior High Dist: Elkins

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 29.0
  • Tax Block: N/A
  • Tax Lot: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2025
Sold by
Seusy Brian and Seusy Melissa
Bought by
Brian And Melissa Revocable Trust and Seusy
Current Estimated Value
$167,953

Purchase Details

Listed on
Sep 12, 2023
Closed on
Nov 15, 2023
Sold by
Durbin Philip C and Durbin Natalie
Bought by
Seusy Brian and Seusy Melissa
Seller's Agent
Robert Brock
Collier & Associates - Farmington Branch
Buyer's Agent
The Limbird Team
Limbird Real Estate Group
List Price
$149,000
Sold Price
$147,500
Premium/Discount to List
-$1,500
-1.01%
Views
45

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.61%

Purchase Details

Listed on
May 1, 2020
Closed on
Dec 1, 2020
Sold by
Thurston J Michael
Bought by
Durbin Phillip C
Seller's Agent
Krystal McNaughton
McNaughton Real Estate
Buyer's Agent
Robert Brock
Collier & Associates - Farmington Branch
List Price
$120,000
Sold Price
$100,000
Premium/Discount to List
-$20,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.98%
Original Mortgage
$75,000
Interest Rate
2.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 1, 2020
Closed on
Nov 18, 2020
Sold by
Thurston Michael
Bought by
Durbin Phillip C
Seller's Agent
Krystal McNaughton
McNaughton Real Estate
Buyer's Agent
Robert Brock
Collier & Associates - Farmington Branch
List Price
$120,000
Sold Price
$100,000
Premium/Discount to List
-$20,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
2.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 1997
Bought by
Thurston J Michael
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brian And Melissa Revocable Trust -- None Listed On Document
Seusy Brian $147,500 Waco Title
Durbin Phillip C $100,000 City Title
Durbin Phillip C $100,000 City Title & Closing Llc
Thurston J Michael $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Durbin Phillip C $75,000
Previous Owner Durbin Phillip C $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/13/2023 11/13/23 Sold $147,500 -1.0% --
10/14/2023 10/14/23 Pending -- -- --
10/06/2023 10/06/23 Price Changed $149,000 0.0% --
10/06/2023 10/06/23 For Sale $149,000 +6.5% --
09/16/2023 09/16/23 Pending -- -- --
09/12/2023 09/12/23 For Sale $139,900 +39.9% --
11/25/2020 11/25/20 Sold $100,000 -16.7% -- View Prior Sale
10/26/2020 10/26/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $120,000 -- --
Source: Northwest Arkansas Board of REALTORS®

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
2025 $419 $9,310 $1,200 $8,110
2024 $419 $9,310 $1,200 $8,110
2023 $230 $5,380 $1,040 $4,340
2022 $29 $550 $450 $100
2021 $166 $3,590 $1,340 $2,250
2020 $151 $3,270 $1,660 $1,610
2019 $151 $3,270 $1,660 $1,610
2018 $138 $3,270 $1,660 $1,610
2017 $134 $3,270 $1,660 $1,610
2016 $138 $3,270 $1,660 $1,610
2015 $134 $3,170 $1,700 $1,470
2014 -- $3,170 $1,700 $1,470
2013 -- $3,170 $1,700 $1,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1256269

Northwest Arkansas Board of REALTORS®

APN: 001-02760-000