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429 North Madison Street

429 North Madison Street, Bolivar, TN 38008
Property in Hardeman
Sold Jul 22, 2021
$51,000
$57,070 by Brighton Bank
Mortgage Due Aug 01, 2051
Sold Jan 15, 2009
$45,000
Seller
Local assessors in Bolivar, TN have categorized 429 North Madison Street as a residential type of property. The home was built in 1925 and is 99 years old. It was most recently renovated and altered in 1967. The property's lot size has been calculated to be 16,340 square feet. The linear feet between the front and back of the lot was measured at 1,720 ft and the front of the lot was measured at 950 ft. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 429 North Madison Street has a total of 1,161 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable or hip style roof that was made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 429 North Madison Street sold most recently in Jul 21, 2021 for a total of $51,000. If you work out the math, that's approximately a cost of $43.93 per sqft. Before that, the property was also sold for $45,000 in Jan 1, 1970. 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 $631 in taxes each year. The initial year of tax delinquency occurred in 2020. 429 North Madison Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $19,325. If we break it down further, the land itself was valued at $2,750. Improvements to the property, however, were assessed at a total of $16,575. 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. 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: 1925
  • Effective Year Built: 1967
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 16,340
  • Lot Size Depth Feet: 1,720
  • Lot Size Frontage Feet: 950
  • Total Building Area: 1,161
  • Building Area: 1,161
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,161
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.375
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CCT DIV DECREE 6438 RD MARKET-0385 37000

Ownership

  • Current Owner : WILLIAMS ASHLEY
  • Previous Owner : SAIN ROOSEVELT
  • Previous Owner 2: SAIN DALE CRISP
  • Owner Before Previous Owner: MERCHANTS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hardeman County School District
  • School Tax School District: 35081
  • Census Tract: 950300

Geography

  • Assessors Map Reference: 070P
  • District: 01
  • Parcel: 035070P B 00200
  • Municipality: BOLIVAR
  • Latitude: 35.2603
  • Longitude: -88.9978

    Address

  • Full Address: 429 N Madison St
  • Address - House Number: 429
  • Street Direction: N
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: TN
  • City Name: Bolivar
  • Carrier Code: C001
  • 4-Digit Zip Code: 1801
  • Zip Code: 38008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $631
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 35A01

    Appraisal Valuation

  • Standard Deviation: 0.4685
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 6
  • Final Value: 124,716
  • High Value: 183,151
  • Low Value: 66,280

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $57,070
  • First Open Lien Mortgage Lender: BRIGHTON BANK
  • First Open Lien Mortgage Recording Date: Jul 22, 2021
  • First Open Lien Mortgage Loan Amount: $57,070
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $77,300
  • Market Land Value: $11,000
  • Market Improvement Value: $66,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,325
  • Assessed Land Value: $2,750
  • Assessed Improvements Value: $16,575

    Sales

  • Current Sale Contract Date: Jul 21, 2021
  • Current Sale Recording Date: Jul 22, 2021
  • Current Sale Transaction ID: 11845206039
  • Current Sale Price: $51,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 224627
  • Previous Sale Recording Date: Jan 15, 2009
  • Previous Sale Amount: $45,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BRIGHTON BANK
  • First Mortgage Transaction Date: Jul 22, 2021
  • First Mortgage Loan Amount: $57,070
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

About Bolivar



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 429 North Madison Street located in?
The 429 North Madison Street is a located in the neighborhood of Hardeman in Bolivar, Bolivar.
What is the average sales price for listings in 429 North Madison Street?
The average sales price for units in 429 North Madison Street is $0 currently.

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