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(SOLD) $224,000

1312 Monroe Drive Madison, IN  47250

  • 4 Beds
  • 2 Baths
  • 2,324 sq. Ft

Property Description for 1312 Monroe Drive Madison, IN 47250

Introducing a stunning tri-level home that offers the perfect blend of comfort and style. With 4 bedrooms this property is perfect for families looking for ample living space. The spacious living room is the perfect place to relax with family and friends, featuring a cozy gas log fireplace that sets the mood for a comfortable night in. The kitchen is complete with granite countertops and a convenient breakfast bar that makes meal prep and entertaining a breeze. The beautiful wood beams in the cozy family room with vaulted ceilings provide an elegant and warm touch to the home. The fenced-in backyard is perfect for outdoor entertaining and enjoying the beautiful weather. The quiet neighborhood is a bonus, providing peace and tranquility while still being conveniently located close to shops, restaurants, and schools. Don't miss your chance to see this home. Schedule your showing today and experience the perfect combination of comfort and luxury for yourself! This home has been inspected prior to listing and no major defects have been identified. B-Dry system was installed in 2010. Home back on market due to buyers financing falling through after extending contract, not due to issues with home inspection.

Address:1312 Monroe Drive Madison IN 47250
Status:Sold
Sold On: 1/31/2024
Price:$224,000
Bedrooms:4 Beds
Bathrooms:1 Full Baths, 1 Half Baths
Sq. Feet:2,324
Year Built:1957
Lot Size:0.23
County: Jefferson_IN
Township: Madison
MLS #:202307477
Property Type:Residential

Lot Dimensions:10193.04
Road Surface:Paved
Zoning:Residential
Water Source:Connected, Public
Directions:From Jefferson Street, head up Michigan Hill. In about 1.7 miles make a left onto W State Street. Continue onto Lanier Drive, in 0.5 miles make a left onto Rabbit Lane. In 0.3 miles the property is located on your right.
Upper Level Sq. Ft. :1,752
Total Sq. Ft. :2,324
Sq. Ft. Source:Assessor
Basement:Yes

Loan Price
$1,389
Price And Interest $1,168/month
Property Tax $128/month
MTG INS $0/month
HOME INS $93/month
Price
$224,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$128/month
Home Owner Insurance
$1,116 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Other 6.11 x 7.5 Lower
Bedroom 17.2 x 13.3 Lower
Bedroom 11.5 x 10.5 Second
Bedroom 14 x 9 Second
Bedroom 12.5 x 11 Second
FamilyRoom 13.6 x 15.1 First
Kitchen 17.3 x 11 First
LivingRoom 14 x 21.6 First

Semi-Annual Property Tax:$768
Mandatory HOA Fee:$

Area: Hilltop
City:Madison
Subdivision: Dolly Madison Heights
Zip Code:47250

Total Sq. Ft.:2,324
Interior Features:MainLevelPrimary
Appliances:Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer
Porch / Patio:Covered, Porch
Exterior Features:Fence, Porch
Exterior Type:Stone, VinylSiding
Fireplace(s):Gas
Cool:CentralAir
Heat:ForcedAir
Total Rooms:8
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schools in 1312 Monroe Drive Madison, IN  47250


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Listing provided courtesy of Jim Pruett with eXp Realty, LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.



Madison Market Report

165
Avg. DOM
$200.49
Avg. $ / Sq.Ft.
$ 285,000
Med. List Price

The house prices in Madison are not dropping at the moment. There has been a increase in price of $1,300.00. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Madison are going Up. The average house price is $237,500.00 and the average price per square feet is $187.81 per square feet. At the moment, the amount of homes listed is exactly 44 houses, with 12 with active status, 4 with pending status and 28 sold in Madison .

The most popular place to buy a home in Madison is 12-Other Counties. 12-Other Counties is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Madison .

The average amount of property taxes you would have to pay for a home in Madison is $1,783.33. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Madison are staying listed for an average of 86 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Madison was 4833 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Madison is $650,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Madison is $85,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Madison in year 1833 and the newest built house is in year 9999.

The average size of properties in Madison is 1610.58 sq.ft. , the biggest one being 3080 sq.ft. and the smaller being 600 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.