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Decatur 46733
618 Madison Street
$95,000 - $115,000
House - In Contract

618 Madison Street

Decatur, IN 46733
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1456 Sqft
Sold Dec 13, 2014
$72,000
$13,930 by Secretary Housing Urban Develo
Mortgage Due Sep 01, 2045
Sold May 25, 2007
$71,300
$57,000 by National City Mortgage
Mortgage Due Jun 01, 2037

About This Property

*Opportunity Awaits* Welcome To This Charming Craftsman That Presents An Ideal Canvas For Those Ready To Roll Up Their Sleeves & Transform Their Dream Home. This Property Offers The Chance To Build Equity With Minimal Effort. Natural Woodwork Throughout, Spacious Kitchen, Abundant Natural Light & Open Floor Plan. Three Bedrooms Upstairs Along With A Nicely Designed Full Bathroom. Enjoy The Charm Of An Enclosed Front Porch, Providing Additional Three-Season. With A Little TLC & Creative Vision, This Handyman Special Is Poised To Become A True Standout In The Neighborhood.  The Unfinished Basement Holds Promise For Additional Living Space! The Savvy Buyer Can Create Additional Bonus Living In The Dry Basement Plumbed For A Second Bath. Fenced Yard Provides Privacy & Security, Perfect For Outdoor Activities Or Pets. Detached Garage Offers Convenient Parking & Storage Solutions! Close To Parks, Schools, Downtown Shopping & Great Neighbors!

The manager has listed the unit size as 1456 square feet.
Unit Size
1,456Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$72
Property Type
House
Property Taxes
$70
HOA Dues
-
Year Built
1925
Listed By
Jessica Arnold
North Eastern Group Realty

Price History

Date / Event Date Event Price
Mar 22, 2024 In contract -
In contract
Mar 17, 2024 Listed $105,000
Listed

Property Highlights

Air Conditioning
Interior Details

Basement Information

Basement

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 728
  • Garage Type: Detached
  • Garage Square Area: 234
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,630
  • Lot Size Depth Feet: 660
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,456
  • Building Area: 1,456
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,456
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: DERKES & BREMERKAMP SUB
  • Land Acres: 0.083
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BREMERKAMP & DIERKES E 55' LOT 575

Ownership

  • Current Owner : GIFFORD JEREMIAH R
  • Previous Owner : TERESA S
  • Owner Before Previous Owner: HAMMOND DOUGLAS J
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Dec 25, 2023

Neighborhood

  • School District Name: North Adams Community Schools
  • Census Tract: 030300

Geography

  • Assessors Map Reference: 022-003B-114.00
  • Account Number: 02203000010693
  • District: 0012
  • Section: 3 3B
  • Parcel: 01-05-03-114-004.000-022
  • Lot: 575
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 40.8295
  • Longitude: -84.9293

    Address

  • Full Address: 618 Madison St
  • Address - House Number: 618
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: IN
  • City Name: Decatur
  • Carrier Code: C003
  • 4-Digit Zip Code: 1617
  • Zip Code: 46733

Valuation

    Tax

  • Total Area: 2,184
  • Tax Year: 2022
  • Tax Amount: $836
  • Tax Rate Code Area: 22:DECATUR

    Appraisal Valuation

  • Standard Deviation: 0.2205
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 168,458
  • High Value: 205,617
  • Low Value: 131,299

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $13,930
  • First Open Lien Mortgage Lender: SECRETARY HOUSING URBAN DEVELO
  • First Open Lien Mortgage Recording Date: Aug 10, 2021
  • First Open Lien Mortgage Loan Amount: $13,930
  • First Open Lien Mortgage Term: 288
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2045

    Market Valuation

  • Market Total Value: $110,200
  • Market Land Value: $10,100
  • Market Improvement Value: $100,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $110,200
  • Assessed Land Value: $10,100
  • Assessed Improvements Value: $100,100

    Sales

  • Current Sale Recording Date: Dec 13, 2014
  • Current Sale Transaction ID: 11551148826
  • Current Sale Price: $72,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2014-7062994
  • Previous Sale Recording Date: May 25, 2007
  • Previous Sale Contract Date: May 23, 2007
  • Previous Sale Amount: $71,300
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: NATIONAL CITY MORTGAGE
  • Previous Mortgage Transaction Date: May 25, 2007
  • Previous Mortgage Loan Amount: $57,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2037

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
1,478 ft²
$76/ft²
$112,499 Nov 18, 2023
-
$50/mo

About Decatur


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Frequently Asked Questions

When was property at 618 Madison Street built and last sold?
The property at 618 Madison Street was built in 1925 and last sold on Jan 1, 1970 for $72,000.
How much is this home worth?
The estimated value of the home located at 618 Madison Street is $109,199.
What are some comparable homes to 618 Madison Street?
Homes that are comparable to 618 Madison Street include a house property at 216 South 8th Street, located in Decatur, IN.

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