For sale

Price cut: $10K (8/18)

$189,900

302 Island Dr, Madison, NC 27025

3beds

1,222sqft

$1,235/mo

Get pre-qualified

Stick/Site Built, Residential, Single Family Residence

Built in 1960

0.41 Acres Lot

$185,900 Zestimate^®

$--/sqft

$-- HOA

What's special

Fenced backyard

Great opportunity in Madison! This 3-bedroom, 1-bath home offers plenty of potential and is situated on approximately 0.41 acres. Features include a full unfinished basement, fenced backyard, and a convenient location near the Dan River and Madison River Park. With some TLC, this property could make an excellent primary residence, investment property, or renovation project. Don’t miss the chance to make this home your own! Close to the new Data Center.

76 days
576
41

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1

Primary bedroom

Level: Main
Dimensions: 13.58 x 10.33

Bedroom 2

Level: Main
Dimensions: 13 x 10

Bedroom 3

Level: Main
Dimensions: 12 x 9.5

Dining room

Level: Main
Dimensions: 10.42 x 10

Kitchen

Level: Main
Dimensions: 10.42 x 9.5

Living room

Level: Main
Dimensions: 19.67 x 12.58

Heating

Forced Air, Heat Pump, Natural Gas

Cooling

Central Air

Appliances

Included: Free-Standing Range, Gas Water Heater
Laundry: Dryer Connection, In Basement, Washer Hookup

Features

Dead Bolt(s)
Flooring: Carpet, Laminate
Windows: Storm Window(s)
Basement: Unfinished, Basement
Number of fireplaces: 1
Fireplace features: Gas Log, Great Room

Interior area

Total structure area: 2,444
Total interior livable area: 1,222 sqft
Finished area above ground: 1,222

Property

Parking

Total spaces: 2
Parking features: Carport, Driveway, Paved, Attached Carport
Attached garage spaces: 2
Has carport: Yes
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Patio & porch: Porch
Pool features: None
Fencing: Fenced

Lot

Size: 0.41 Acres
Features: Cleared

Details

Parcel number: 118533
Zoning: RS10
Special conditions: Owner Sale

Construction

Type & style

Home type: SingleFamily
Property subtype: Stick/Site Built, Residential, Single Family Residence

Materials

Brick

Condition

Year built: 1960

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Madison

Financial & listing details

Tax assessed value: $178,688
Annual tax amount: $2,406
Date on market: 7/14/2026
Cumulative days on market: 76 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional

Estimated market value

$185,900

$177,000 - $195,000

$1,482/mo

Price history

Date	Event	Price
8/18/2026	Price change	$189,900-5%
Source: Triad MLS #1227610 Report a problem
7/14/2026	Listed for sale	$199,900+166.5%
Source: Triad MLS #1227610 Report a problem
10/15/1997	Sold	$75,000$61/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,274	$177,630
2024	$2,274 +63.7%	$177,630 +82.2%
2023	$1,389	$97,488
2022	$1,389	$97,488
2021	$1,389	$97,488
2020	$1,389	$97,488
2019	$1,389 -2.4%	$97,488 +4.9%
2018	$1,423 +323.9%	$92,962
2017	$336	$92,962
2015	$336 -75%	$92,962
2014	$1,344 +1.4%	$92,962
2013	$1,326	$92,962
2012	$1,326 -0.1%	$92,962
2011	$1,327 +12.8%	$92,962 +14.1%
2010	$1,177	$81,461
2009	$1,177 +0.7%	$81,461
2008	$1,169	$81,461
2007	$1,169 +5.1%	$81,461
2005	$1,112	$81,461
2004	$1,112 +3.8%	$81,461
2003	$1,071 +18.6%	$81,461 +23.6%
2002	$903 +3%	$65,907
2001	$877	$65,907