Check Availability

211 Madison Street

211 Madison Street, Shelbyville, TN 37160
Commercial in Bedford
211 Madison Street in Shelbyville, TN was first built in 1966 and is 58 years old. Although, the building on the property was most recently renovated and altered in 1985. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 10 full bathrooms. There are 10 partial bathrooms. 211 Madison Street has 3,291 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,230. In total, the area measurement of the land is 7,380 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a wood truss style roof made of asphalt and ply sheets in a built-up roof style. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of concrete block. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. As for heating, the home is utilizing a radiant heating 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, 211 Madison Street sold most recently in Nov 14, 2019 for a total of $255,000. If you work out the math, that's approximately a cost of $77.48 per sqft. Before that, the property was also sold for $100,100 in Oct 28, 2014. 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 $3,819 in taxes each year. The initial year of tax delinquency occurred in 2022. 211 Madison Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $97,560. If we break it down further, the land itself was valued at $31,600. Improvements to the property, however, were assessed at a total of $65,960. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190403
04/03/2019
Studio
-
5090 ft²
$275,000
bedrooms
Studio
bathrooms
-
square feet
5090 ft²
$255,000 -7.27%
11/21/2019
J. Rusty Rust

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1985
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 10
  • Full Bathrooms: 10
  • Partial Bathrooms: 10
  • Bathroom Plumbing Fixtures: 30
  • Building Condition: Average
  • Building Quality: D
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Wood truss
  • Roof Cover Type: Built-up
  • Floor Count: 2
  • Living Units: 10
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,380
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 600
  • Total Building Area: 3,291
  • Building Area: 3,291
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Radiant
  • Heated Square Feet: 3,291
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.169
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: DISTRICT: 07, COUNTY AREA: K01

Ownership

  • Current Owner : ROMERO JAIME A
  • Current Owner 2: ROMERO EVA ANGELINA
  • Previous Owner : SHAMS PROPERTIES LLC
  • Owner Before Previous Owner: MEL & JAY MANAGEMENT INC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School Tax School District: 02659
  • Census Tract: 950500

Geography

  • Assessors Map Reference: 089B
  • District: 07
  • Parcel: 002078O G 01100
  • Municipality: SHELBYVILLE
  • Latitude: 35.4891
  • Longitude: -86.4575

    Address

  • Full Address: 211 Madison St
  • Address - House Number: 211
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: TN
  • City Name: Shelbyville
  • Carrier Code: C002
  • 4-Digit Zip Code: 3308
  • Zip Code: 37160

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,819
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 02A03

    Appraisal Valuation

  • Standard Deviation: 0.4879
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 2
  • Final Value: 318,206
  • High Value: 473,463
  • Low Value: 162,948

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $204,000
  • First Open Lien Mortgage Lender: CB&S BANK INC
  • First Open Lien Mortgage Recording Date: Nov 21, 2019
  • First Open Lien Mortgage Loan Amount: $204,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Nov 21, 2049

    Market Valuation

  • Market Total Value: $243,900
  • Market Land Value: $79,000
  • Market Improvement Value: $164,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $97,560
  • Assessed Land Value: $31,600
  • Assessed Improvements Value: $65,960

    Sales

  • Current Sale Contract Date: Nov 14, 2019
  • Current Sale Recording Date: Nov 21, 2019
  • Current Sale Transaction ID: 11704628866
  • Current Sale Price: $255,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19008454
  • Previous Sale Recording Date: Oct 30, 2014
  • Previous Sale Contract Date: Oct 28, 2014
  • Previous Sale Amount: $100,100
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CB&S BANK INC
  • First Mortgage Transaction Date: Nov 21, 2019
  • First Mortgage Loan Amount: $204,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Shelbyville



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 211 Madison Street located in?
The 211 Madison Street is a commercial located in the neighborhood of Bedford in Shelbyville, Shelbyville.
What is the average sales price for listings in 211 Madison Street?
The average sales price for units in 211 Madison Street is $275,000 , or $54/sqft. currently.

Quantcast