NOT LISTED FOR SALE

1388 N Borcherding Rd Madison, IN 47250

Estimated Value: $215,963 - $252,000

4 Beds
2 Baths
1,580 Sq Ft
$144/Sq Ft Est. Value

Sale Details

Date Sold: September 28, 2012

Last sale price $16,000 $10 Per Sq Ft

Est. 1,323% increase in value since last sale

Current estimated payment $1,287 / mo

167 Days on Market

Highlights

  • Covered Patio or Porch
  • Combination Kitchen and Dining Room
  • Garage
  • Forced Air Heating and Cooling System

About This Home

As of September 2012

Great opportunity for a buyer seeking sweat equity. Needs cosmetic updating and some repair work. Ideal opportunity for bargain hunter. Lots of room, 4 bedrooms, 2 full baths, 2 car detached garage and large 1.31 acre lot.

Last Agent to Sell the Property

Beth Terry

Coldwell Banker Martin Miller Lamb License #RB14029272 Listed on: 04/10/2012

Coldwell Banker Martin Miller Lamb

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $398

Year Built

  • Built in 1948

Lot Details

  • 1.31

Parking

  • Garage

Home Design

  • Aluminum Siding

Interior Spaces

  • 1.5-Story Property
  • Combination Kitchen and Dining Room
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Madison Elementary And Middle School
  • Madison High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Covered Patio or Porch
  • 1.31 Acre Lot

Community Details

  • Madison Subdivision

Listing and Financial Details

  • Assessor Parcel Number 390830000021001006

Home Details

Home Type

Single Family

Est. Annual Taxes

$398

Year Built

Built in 1948

Lot Details

1.31 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2011
  • Year Built: 1948
  • Garage Y N: Yes
  • Lot Size Acres: 1.31
  • Subdivision Name: MADISON
  • Property Description: Great opportunity for a buyer seeking sweat equity. Needs cosmetic updating and some repair work. Ideal opportunity for bargain hunter. Lots of room, 4 bedrooms, 2 full baths, 2 car detached garage and large 1.31 acre lot.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One and One Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1580
  • Room Count: 6
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1580
  • Main Level Sq Ft: 898
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Main Level
  • Total Sq Ft: 1580
  • Upper Level Sq Ft: 682
  • Bathroom Areas: 2.0000

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: BankOwned
  • Foundation Details: Crawl Space
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Garage Parking Description: 2 Car Detached

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Water Heater: Electric
  • Gas On Site: 0

Schools

  • Middle Or Junior School: Madison

Lot Info

  • Parcel Number: 390830000021001006
  • Acres: 1-3 Acres
  • Lot Size: 1.31

Tax Info

  • Tax Annual Amount: 398
  • Semi Annual Property Tax Amt: 199

MLS Schools

  • Elementary School: Madison
  • High School: Madison
  • School District: Madison Consolidated
  • Schools: Madison Elementary School,Madison Middle School,Madison High School

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2012
Closed on
Sep 27, 2012
Sold by
Bought by
Seller's Agent
Beth Terry
Coldwell Banker Martin Miller Lamb
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$52,900
Sold Price
$16,000
Premium/Discount to List
-$36,900
-69.75%
Current Estimated Value
$227,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,741
Avg. Annual Appreciation
21.22%

Purchase Details

Closed on
Mar 22, 2012
Sold by
Bought by
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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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$16,000 --
$16,000 --
$39,100 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/28/2012 09/28/12 Sold $16,000 -69.8% $10 / Sq Ft
09/25/2012 09/25/12 Pending -- -- --
04/10/2012 04/10/12 For Sale $52,900 -- $33 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $685 $114,400 $21,700 $92,700
2024 $620 $100,000 $21,700 $78,300
2023 $607 $100,000 $21,700 $78,300
2022 $541 $92,500 $21,700 $70,800
2021 $475 $86,700 $21,700 $65,000
2020 $399 $81,200 $21,700 $59,500
2019 $380 $81,200 $21,700 $59,500
2018 $335 $78,800 $21,700 $57,100
2017 $323 $78,300 $21,700 $56,600
2016 $252 $68,000 $21,700 $46,300
2014 $185 $51,500 $21,700 $29,800
Source: Public Records

Agents Affiliated with this Home

  • Beth Terry

    Seller's Agent in 2012

    Beth Terry

    Coldwell Banker Martin Miller Lamb

    (812) 346-5881

    172 Total Sales

    Beth Terry
    Section Image

  • N

    Buyer's Agent in 2012

    Non-BLC Member

    MIBOR REALTOR® Association

    Non-BLC Member
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21200604S

MIBOR Broker Listing Cooperative®

APN: 39-08-30-000-021-001-006

Indiana Jefferson County Madison 47250

1388 N Borcherding Rd, Madison, IN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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