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622 North Madison Street

622 North Madison Street, Litchfield, IL 62056
Sold May 17, 2005
$28,000
$86,933 by National Bank
Mortgage
Local assessors in Litchfield, IL have categorized 622 North Madison Street as a residential type of property. The property's lot size has been calculated to be 6,431 square feet.

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 property was last sold in May 17, 2005 for $28,000. 622 North Madison Street was last assessed in 2022. The total value of the property was assessed at $15,800. Specifically, the land the property is located on was valued at $5,400. While improvements on the property were assessed at a total of $10,400. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $859. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,431
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TYLER 1ST ADD
  • Land Acres: 0.147
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: LOT 4 & N 14 FT LOT 5 BLK 1 TYLER 1ST ADD 9-5-2519 S T00 R

Ownership

  • Current Owner : ELLSWORTH ALLEN
  • Current Owner 2: ELLSWORTH MARSHA
  • Previous Owner : PATTON FAMILY LLC
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: III
  • Vacant Flag Date: Jul 31, 2023

Neighborhood

  • School District Name: Litchfield Community Unit School District 12
  • Census Tract: 957700

Geography

  • District: 11
  • Parcel: 10-33-319-007
  • Block: 1
  • Lot: 4,5
  • Municipality: NORTH LITCHFIELD
  • Latitude: 39.1794
  • Longitude: -89.6563

    Address

  • Full Address: 622 N Madison St
  • Address - House Number: 622
  • Street Direction: N
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: IL
  • City Name: Litchfield
  • Carrier Code: C005
  • 4-Digit Zip Code: 1444
  • Zip Code: 62056

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $859
  • Tax Rate Code Area: 11058

    Appraisal Valuation

  • Standard Deviation: 0.1302
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 73
  • Final Value: 75,091
  • High Value: 84,870
  • Low Value: 65,311

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $86,933
  • First Open Lien Mortgage Lender: NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Aug 21, 2013
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $86,933
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $47,400
  • Market Land Value: $16,200
  • Market Improvement Value: $31,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $15,800
  • Assessed Land Value: $5,400
  • Assessed Improvements Value: $10,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 17, 2005
  • Current Sale Recording Date: May 17, 2005
  • Current Sale Transaction ID: 1178757109
  • Current Sale Price: $28,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200500026142

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FSLA OF EDWARDSVILLE
  • First Mortgage Transaction Date: May 17, 2005
  • First Mortgage Loan Amount: $42,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jun 01, 2025

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Litchfield



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Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath

Frequently Asked Questions

What neighborhood is 622 North Madison Street located in?
The 622 North Madison Street is a house located in the neighborhood of North Litchfield in Litchfield, Litchfield.
What is the average sales price for listings in 622 North Madison Street?
The average sales price for units in 622 North Madison Street is $0 currently.

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