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117 Jefferson Court

117 Jefferson Court, Madison, IN 47250
Property in Madison
Sold Oct 27, 2023
$380,000
117 Jefferson Court has been categorized by the local assessors in Madison, IN as a residential type of property. The building on the property was first built in 1975 and is 49 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 117 Jefferson Court has 1,950 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 660 ft and across the front of the lot is 730 ft. The area measurement of the land has been determined as 4,818 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as fair. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of materials that we aren't sure of. In terms of heating, it is utilizing a heating system we are unsure of and being fueled with gas. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 117 Jefferson Court sold most recently in Oct 23, 2023 for a total of $380,000. If you work out the math, that's approximately a cost of $194.87 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,302 in taxes each year. 117 Jefferson Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $86,600. If we break it down further, the land itself was valued at $7,100. Improvements to the property, however, were assessed at a total of $79,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Brick
  • Building Style: Duplex
  • Roof Cover Type: Other
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,818
  • Lot Size Depth Feet: 660
  • Lot Size Frontage Feet: 730
  • Total Building Area: 1,950
  • Building Area: 1,950
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Other
  • Heated Square Feet: 1,950
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.111
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 011-04065-00 (33X66 FT AND 21X66 FT AND 19X66FT PT OF RIVER BLK 3 11-131-4&5 119 JEFFERSON ST

Ownership

  • Current Owner : CARMER SCOTT L
  • Previous Owner : ESCADA LAND TRUST
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Dec 25, 2023

Neighborhood

  • School District Name: Madison Consolidated Schools
  • Census Tract: 966600

Geography

  • Assessors Map Reference: MP 21.000
  • Account Number: 0110406500
  • District: 0004
  • Parcel: 39-13-02-244-021.000-007
  • Block: 3
  • Municipality: MADISON TOWNSHIP
  • Latitude: 38.7336
  • Longitude: -85.3775

    Address

  • Full Address: 117 Jefferson St
  • Address - House Number: 117
  • Address - Street Name: Jefferson
  • Address - Suffix Type: St
  • State: IN
  • City Name: Madison
  • Carrier Code: C002
  • 4-Digit Zip Code: 3405
  • Zip Code: 47250

Valuation

    Tax

  • Total Area: 1,200
  • Tax Year: 2022
  • Tax Amount: $1,302
  • Tax Rate Code Area: 4:MADISON

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 81
  • Final Value: 414,333
  • High Value: 476,891
  • Low Value: 351,776

    Market Valuation

  • Market Total Value: $86,600
  • Market Land Value: $7,100
  • Market Improvement Value: $79,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $86,600
  • Assessed Land Value: $7,100
  • Assessed Improvements Value: $79,500

    Sales

  • Current Sale Contract Date: Oct 23, 2023
  • Current Sale Recording Date: Oct 27, 2023
  • Current Sale Transaction ID: 11920003985
  • Current Sale Price: $380,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2023-0013607

About Madison



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622 Walnut St C #Unit C, Madison, IN, 47250 Listing by Manager

Frequently Asked Questions

What neighborhood is 117 Jefferson Court located in?
The 117 Jefferson Court is a located in the neighborhood of Madison in Madison, Madison.
What is the average sales price for listings in 117 Jefferson Court?
The average sales price for units in 117 Jefferson Court is $0 currently.

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