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1000 Madison Street

1000 Madison Street, Lockport, IL 60441
Property in Lockport
Sold Apr 30, 2013
$285,000
$270,750 by Marquette Bank
Mortgage Due May 01, 2043
Sold Oct 20, 2000
$203,000
$162,400 by Dba Liberty Ho
Mortgage Due Oct 01, 2030
This has been categorized as a residential property type. In total, the area measurement of the land is 14,064 square feet.

Learn more about the property and building on this page. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1000 Madison Street was last sold in Apr 29, 2013 for $285,000. Prior to that sales transaction, the property was sold for $203,000 in Sep 29, 2000. Current property owners are expected to pay $9,182 in taxes per year. The property on 1000 Madison Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $105,738. To break that down further, the land itself was valued at $19,558. While improvements to the property were assessed at a total of $86,180. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,064
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BALDWINS
  • Land Acres: 0.32
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 7 BLOCK 153 IN BALDWIN'S SUB OF LOCKPORT PROPER, BEING A SUB OF PRT OF THE W1/2 OF THE SE1/4 OF SEC 23, T36N-R10E.

Ownership

  • Current Owner : WILSON MICHAEL D
  • Current Owner 2: BEECHCER WILSON SARAH A
  • Previous Owner : TIERNEY DOUGLAS J
  • Previous Owner 2: TIERNEY LINDA J
  • Owner Before Previous Owner: JUHANT BRIAN W
  • Owner Before Previous Owner 2: JUHANT RUTH A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lockport Township High School District 205
  • Census Tract: 880602

Geography

  • Parcel: 11-04-23-411-001
  • Block: 15
  • Lot: 7
  • Meridian: SEC 23 TWN 36N RNG 10E
  • Municipality: LOCKPORT
  • Latitude: 41.5864
  • Longitude: -88.0516

    Address

  • Full Address: 1000 Madison St
  • Address - House Number: 1000
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lockport
  • Carrier Code: C021
  • 4-Digit Zip Code: 3448
  • Zip Code: 60441

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,182
  • Tax Rate Code Area: 1112

    Appraisal Valuation

  • Standard Deviation: 0.1444
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 82
  • Final Value: 411,649
  • High Value: 471,106
  • Low Value: 352,192

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $270,750
  • First Open Lien Mortgage Lender: MARQUETTE BANK
  • First Open Lien Mortgage Recording Date: Apr 30, 2013
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $270,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2043

    Market Valuation

  • Market Total Value: $317,214
  • Market Land Value: $58,674
  • Market Improvement Value: $258,540

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $105,738
  • Assessed Land Value: $19,558
  • Assessed Improvements Value: $86,180

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 29, 2013
  • Current Sale Recording Date: Apr 30, 2013
  • Current Sale Transaction ID: 1179030349
  • Current Sale Price: $285,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2013052292
  • Previous Sale Recording Date: Oct 20, 2000
  • Previous Sale Contract Date: Sep 29, 2000
  • Previous Sale Amount: $203,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MARQUETTE BANK
  • First Mortgage Transaction Date: Apr 30, 2013
  • First Mortgage Loan Amount: $270,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2043

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: DBA LIBERTY HO
  • Previous Mortgage Transaction Date: Oct 20, 2000
  • Previous Mortgage Loan Amount: $162,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Oct 01, 2030

About Lockport



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Frequently Asked Questions

What neighborhood is 1000 Madison Street located in?
The 1000 Madison Street is a located in the neighborhood of Lockport in Lockport, Lockport.
What is the average sales price for listings in 1000 Madison Street?
The average sales price for units in 1000 Madison Street is $0 currently.

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