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(SOLD) $295,000

1313 Monroe Drive Madison, IN  47250

  • 4 Beds
  • 4 Baths
  • 2,712 sq. Ft

Property Description for 1313 Monroe Drive Madison, IN 47250

Come and take a tour of this spacious 4 bedroom home. The living room offers plenty of natural light with large windows that overlook the beautiful fenced in back yard. There is also a gas log fireplace if you want to relax, sit and read a book. The patio has been wired and ready for your hot tub. If you love the outdoors, this home is close to the Clifty Falls State Park walk in entrance. So many updates: luxury vinyl plank flooring, new roof and a large 13x28 barn, perfect for your golf cart. Don't miss out on this one!

Address:1313 Monroe Drive Madison IN 47250
Status:Sold
Sold On: 4/22/2024
Price:$295,000
Bedrooms:4 Beds
Bathrooms:2 Full Baths, 2 Half Baths
Sq. Feet:2,712
Year Built:1956
Lot Size:0.53
County: Jefferson_IN
Township: Madison
MLS #:202406655
Property Type:Residential
Buyer Broker Compensation: 2.25
Any compensation may only be paid to a licensed real estate broker.

Lot Dimensions:23086.8
Road Surface:Paved
Zoning:Residential
Water Source:Connected, Public
Directions:From Lanier Drive, turn onto Rabbit Lane. Follow; it turns into Monroe Drive. Home is on the left.
Upper Level Sq. Ft. :1,770
Total Sq. Ft. :2,712
Sq. Ft. Source:Assessor
Basement:Yes

Loan Price
$1,824
Price And Interest $1,539/month
Property Tax $162/month
MTG INS $0/month
HOME INS $123/month
Price
$295,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$162/month
Home Owner Insurance
$1,476 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Other 11.07 x 13.04 Lower
Bedroom 10.10 x 13 Lower
Bedroom 13.06 x 10.04 Second
Bedroom 13.06 x 10.10 Second
PrimaryBedroom 11.04 x 17.05 Second
FamilyRoom 31.04 x 14.05 Lower
Kitchen 9.02 x 23.04 First
LivingRoom 15.05 x 28.08 First

Semi-Annual Property Tax:$969
Mandatory HOA Fee:$

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

Total Sq. Ft.:2,712
Interior Features:BreakfastBar, Bookcases, CeilingFans, BathinPrimaryBedroom, WalkInClosets
Appliances:Dishwasher, Disposal, Oven, Range, Refrigerator, WaterSoftener
Porch / Patio:Patio
Exterior Features:Fence, PavedDriveway, Patio
Exterior Type:Stone, VinylSiding
Fireplace(s):Decorative, Gas
Cool:HeatPump
Heat:ForcedAir
Total Rooms:8
Carsha Strouse, REALTOR®/Broker, F. C. Tucker Company
Carsha Strouse
Phone (812) 599-1817
Additional Phone (812) 265-3122
F.C. Tucker Company

Schools in 1313 Monroe Drive Madison, IN  47250


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Listing provided courtesy of Carsha Strouse with F.C. Tucker/Scott Lynch Group

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

195
Avg. DOM
$179.9
Avg. $ / Sq.Ft.
$ 210,000
Med. List Price

The house prices in Madison are indeed dropping at the moment. There has been a decrease in price of $7,333.33. 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 Down. The average house price is $249,950.00 and the average price per square feet is $186.16 per square feet. At the moment, the amount of homes listed is exactly 41 houses, with 12 with active status, 2 with pending status and 27 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 $1,345.33. 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 87 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 2760 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 1650.92 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.