NOT LISTED FOR SALE

825 W 1st St Madison, IN 47250

Estimated Value: $650,000 - $749,221

3 Beds
2.5 Baths
3,125 Sq Ft
$219/Sq Ft Est. Value

Last Sold June 25, 2024

Last sale price $715,000 $229 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,003/month

68 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • Recreation Room
  • River View
  • Deck
  • Cathedral Ceiling

About This Home

As of June 2024

Experience the pinnacle of luxury living in historic Madison with this exceptional townhome. This
residence epitomizes contemporary elegance and offers a prime location with scenic Ohio River views.
Its all brick facade and luxurious interiors exude sophistication from every angle. Step into a world of
opulence as you explore the meticulously designed interior, featuring pristine hardwood flooring, Bosch
stainless steel appliances, exquisite bathrooms, and more. The home comes complete with an attached
oversized garage and your own private elevator for effortless access. Entertain guests in the spacious
living room and chef's kitchen, or sit quietly on the balcony or screened porch for outdoor enjoyment.
Perfectly situated in vibrant downtown Madison, near the riverfront, hiking trails, shopping, local dining,
public library, and many enjoyable festivals. This home seamlessly combines elegance, heritage, and
accessibility, offering an unparalleled lifestyle of refinement and sophistication.

Last Agent to Sell the Property

Scott Lynch

F.C. Tucker/Scott Lynch Group License #RB14019761 Listed on: 04/05/2024

F.C. Tucker/Scott Lynch Group

Last Buyer's Agent

Scott Lynch

F.C. Tucker/Scott Lynch Group License #RB14019761 Listed on: 04/05/2024

F.C. Tucker/Scott Lynch Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,258

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 4,356 Sq Ft Lot
  • Landscaped

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway

Property Views

  • River
  • Scenic Vista

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 3,125 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Den
  • Recreation Room
  • Loft
  • Screened Porch
  • First Floor Utility Room
  • Finished Basement
  • Exterior Basement Entry
  • Attic

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Outdoor Features

  • Balcony
  • Deck
  • Patio

Utilities

  • Forced Air Heating System
  • Air Source Heat Pump
  • Electric Water Heater
  • Water Softener

Listing and Financial Details

  • Assessor Parcel Number 391303113024022007

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,258

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Annual Tax: 10258
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • Foundation: Poured Concrete
  • Legal Description: Parcel H Part of E 1/2 of 3-3-10 0.1007 Acres
  • New Construction: Yes
  • Numof Fireplaces: 1
  • Parcel Number: 391303113024022007
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 3125
  • Type: 2 Story
  • Year Built: 2022
  • Special Features: NewHome

Interior Features

  • Water Heater: Electric
  • Basement Type: Finished, Outside Entrance
  • Above Grade Finished Sq Ft: 2325.00
  • Appliances: Dishwasher, Disposal, Garage Door Opener, Microwave, Range / Oven, Refrigerator, Water Softener
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Fireplace: Gas Burning
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Bath Master, Breakfast Bar, Cath/Vaul/Tray Ceil, Ceiling Fan(s), Den/Office, Elevator, Foyer, Kitchen Island, Loft, Open Floor Plan, Pantry, Rec Room, Walk-In Closet(s), Attic
  • Lot Sq Ft: 4356.00
  • Sewer Type: Sewer
  • Total Sq Ft: 3125

Exterior Features

  • Exterior Features: Balcony, Covered Patio, Covered Porch, Deck, Enclosed Porch, Landscaped, Patio, Paved Driveway, Screened Porch, Thermopane Windows

Garage/Parking

  • Garage Type: Attached, Rear Entry
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

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

Lot Info

  • Acres: 0.1000
  • Lot Description: River View, Scenic View
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
Jun 25, 2024
Sold by
Bls Development Llc
Bought by
Dane A Erlewein & Billie J Erlewein Re
Seller's Agent
Scott Lynch
F.C. Tucker/Scott Lynch Group
Buyer's Agent
Scott Lynch
F.C. Tucker/Scott Lynch Group
List Price
$749,500
Sold Price
$715,000
Premium/Discount to List
-$34,500
-4.6%
Views
31
Current Estimated Value
$685,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,593
Avg. Annual Appreciation
-2.72%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dane A Erlewein & Billie J Erlewein Re $715,000 Madison Land Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2024 06/25/24 Sold $715,000 -4.6% $229 / Sq Ft
06/12/2024 06/12/24 Pending -- -- --
04/05/2024 04/05/24 For Sale $749,500 -- $240 / 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 $5,033 $503,300 $14,800 $488,500
2023 $10,258 $512,900 $14,800 $498,100
2022 $2,804 $140,200 $5,000 $135,200
2021 $2,510 $125,500 $5,000 $120,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202406972

Southern Indiana REALTORS® Association

APN: 39-13-03-113-024.022-007