NOT LISTED FOR SALE

811 E 2nd St Madison, IN 47250

Estimated Value: $52,491 - $237,000

4 Beds
2 Baths
2,240 Sq Ft
$63/Sq Ft Est. Value

Last Sold July 11, 2022

Last sale price $44,000 $20 Per Sq Ft

Est. 330% increase in value since last sale

Current estimated payment $1,008/month

15 Days on Market

About This Home

As of July 2022

Looking for a great rehab investment property, flip property, airbnb, or remodel for your forever home in downtown historical Madison... look no further! This property was recently approved for a historical preservation grant and has begun receiving a full remodel/rebuild with the rear structure of home being completely rebuilt. This home is currently listed as a duplex and would be a great investment as Madison continues restoration of its downtown! Someone could also do an amazing rehab and make this a single family residence with a great backyard and location in downtown! Seller lives over an hour away so is exploring selling to look at projects closer to home. This will be a heavy lift, but has tremendous upside!

Last Agent to Sell the Property

Michael Rawert

BTB Property Mgt & Real Estate License #RB21000158 Listed on: 05/29/2022

Last Buyer's Agent

OUTSIDE AGENT

OUTSIDE COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $120

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Property is zoned Historic District, Multi Family

Interior Spaces

  • 2,240 Sq Ft Home
  • Basement Cellar

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 391302141005000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$120

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Annual Tax: 120
  • Appointment: Not Needed
  • Construction: Existing
  • Legal Description: 011-03602-00 MCI ADD E LOTS 8 & 9 LOT 7 BLK 11 11-125-35 811 E 2ND ST
  • Parcel Number: 391302141005000007
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 2240
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Water Heater: Unknown
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 2240.00
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Lot Sq Ft: 6534.00
  • Sewer Type: Sewer
  • Total Sq Ft: 2240

Utilities

  • Cooling Type: Unknown
  • Fuel Type: Unknown
  • Heat Type: Unknown
  • Water Type: Public Onsite

Lot Info

  • Acres: 0.1500
  • Zoning: Residential, Historic District, Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2024
Sold by
Kelwaski Rentals Llc
Bought by
Martin Brian
Current Estimated Value
$189,183

Purchase Details

Closed on
Nov 24, 2020
Sold by
Eurton
Bought by
Rawert Michael

Purchase Details

Closed on
Jul 6, 2012
Sold by
Gupta
Bought by
Carl

Purchase Details

Closed on
Apr 12, 2012
Sold by
Co Auditor
Bought by
Vinod Gupta
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
Martin Brian $54,000 Wt & S Title, Llc
Rawert Michael $5,000 --
Carl $24,000 --
Kay Carl $24,000 --
Vinod Gupta $7,400 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/11/2022 07/11/22 Sold $44,000 +12.8% $20 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
06/05/2022 06/05/22 Price Changed $39,000 -13.3% $17 / Sq Ft
05/29/2022 05/29/22 For Sale $45,000 +350.0% $20 / Sq Ft
10/15/2019 10/15/19 Sold $10,000 -71.4% $4 / Sq Ft View Prior Sale
09/30/2019 09/30/19 Pending -- -- --
10/16/2018 10/16/18 For Sale $35,000 -- $16 / Sq Ft
Source: Southern Indiana REALTORS® Association

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 $284 $14,200 $6,200 $8,000
2023 $274 $13,700 $6,200 $7,500
2022 $268 $13,400 $6,200 $7,200
2021 $236 $11,800 $6,200 $5,600
2020 $124 $6,200 $6,200 $0
2019 $124 $6,200 $6,200 $0
2018 $628 $31,400 $6,200 $25,200
2017 $624 $31,200 $6,200 $25,000
2016 $624 $31,200 $6,200 $25,000
2014 $1,468 $73,400 $5,100 $68,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2021011282

Southern Indiana REALTORS® Association

APN: 39-13-02-141-005-000-007