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611 South Madison Street

611 South Madison Street, Wellsburg, IA 50680
Property in Grundy
Sold Apr 19, 2011
$42,000
$49,185 by United States Department Of Ag
Mortgage Due Apr 19, 2044
Sold Apr 27, 2006
$40,000
$40,000 by Liberty Bank Fsb
Mortgage Due May 01, 2026
611 South Madison Street in Wellsburg, IA was first built in 1920 and is 104 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a a-frame style. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 611 South Madison Street has 1,222 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 basement is 806 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,700. In total, the area measurement of the land is 8,500 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. Water for the property is sourced from a water system. For those who need parking, there is a detached garage. The garage is 480 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as good. The exterior walls of the home are made of a material which is produced from two or more constituent materials. While the interior walls are made of plaster. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. 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, 611 South Madison Street was last sold in Apr 19, 2011 for $42,000. According to our calculations, that's $34.37 per sqft. Prior to that sales transaction, the property was sold for $40,000 in Apr 24, 2006. Current property owners are expected to pay $848 in taxes per year. The property on 611 South Madison Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $69,620. To break that down further, the land itself was valued at $7,950. While improvements to the property were assessed at a total of $61,670. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

  • Year Built: 1920
  • Effective Year Built: 1920
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: A-frame
  • Exterior Walls Type: Composition
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 806
  • Garage Type: Detached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,500
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,222
  • Gross Building Area: 1,222
  • Building Area: 1,222
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,222
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: COLLEGE HILL PARK ADDITION
  • Land Acres: 0.195
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLOCK 5 C H P, LOT 2

Ownership

  • Current Owner : EDWARDS JUSTIN L
  • Previous Owner : EDWARDS MATTHEW J
  • Previous Owner 2: EDWARDS AMY LYNN
  • Owner Before Previous Owner: EDWARD JOSHUA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: AGWSR Community School District
  • School Tax School District: AGWSR SCHOOL
  • Census Tract: 960200

Geography

  • Assessors Map Reference: PM 881815426017
  • Parcel: 881815426017
  • Block: 5
  • Lot: 2
  • Municipality: WELLSBURG
  • Latitude: 42.4332
  • Longitude: -92.9293

    Address

  • Full Address: 611 S Madison St
  • Address - House Number: 611
  • Street Direction: S
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: IA
  • City Name: Wellsburg
  • Carrier Code: R777
  • 4-Digit Zip Code: 7791
  • Zip Code: 50680

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $848
  • Tax Rate Code Area: WBAG

    Appraisal Valuation

  • Standard Deviation: 0.2418
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 66
  • Final Value: 107,049
  • High Value: 132,933
  • Low Value: 81,164

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $49,185
  • First Open Lien Mortgage Lender: UNITED STATES DEPARTMENT OF AG
  • First Open Lien Mortgage Recording Date: Apr 19, 2011
  • First Open Lien Mortgage Loan Amount: $49,185
  • First Open Lien Mortgage Term: 395
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Apr 19, 2044

    Market Valuation

  • Market Total Value: $69,620
  • Market Land Value: $7,950
  • Market Improvement Value: $61,670

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $69,620
  • Assessed Land Value: $7,950
  • Assessed Improvements Value: $61,670

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 19, 2011
  • Current Sale Recording Date: Apr 19, 2011
  • Current Sale Transaction ID: 1142590788
  • Current Sale Price: $42,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2011-0787
  • Previous Sale Recording Date: Apr 27, 2006
  • Previous Sale Contract Date: Apr 24, 2006
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED STATES DEPARTMENT OF AG
  • First Mortgage Transaction Date: Apr 19, 2011
  • First Mortgage Loan Amount: $49,185
  • First Mortgage Terms: 395
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Apr 19, 2044

    Previous Mortgages

  • Previous Mortgage Lender: LIBERTY BANK FSB
  • Previous Mortgage Transaction Date: Apr 27, 2006
  • Previous Mortgage Loan Amount: $40,000
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2026

About Wellsburg



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Frequently Asked Questions

What neighborhood is 611 South Madison Street located in?
The 611 South Madison Street is a located in the neighborhood of Grundy in Wellsburg, Wellsburg.
What is the average sales price for listings in 611 South Madison Street?
The average sales price for units in 611 South Madison Street is $0 currently.

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