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Off market
  • $355,000

    396 NE Nixon Way, Madison, FL 32340

    9beds
    6,400sqft
    SingleFamily
    Built in 1998
    4.05 Acres Lot
    $355,000 Zestimate®
    $55/sqft
    $2,019 Estimated rent

    Home value

    $355,000

    $263,000 - $458,000

    $2,019/mo

    Zestimate® history
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    What's special

    A sanctuary with rental income, that pays for itself. with a well 248 feet deep that goes into aquifer that has the most delicious water you ever tasted and 4.05 acres of pure heaven. Two acres are completely untouched and left to the wildlife. There is a magnificent hammock of five very old live oak trees in the reveene. A domestic farm with chickens, and an orchard, and birds of many species. 4500 square feet of buildings that were constructed around a 200 plus year old Live oak tree named the Grandmother's hand tree after the owner's grandmother. Her hand was very arthritic. The tree is named the Grandmother's Hand Tree. The owner is an artist, doctor of business. She built these apartments for her special needs children to help them learn to live independently prior adulthood. All the buildings are legal and connected. The property is zoned as residential 1 it's all legal with two septic tanks, alternative heat. Each building has its own application of gas heat and air conditioning. There is an underground "safe room" facility which is 400 sq feet with 8 in concrete ,top, bottom, all side reinforced with rebar.This is a survival compound facility. It can possibly withstand winds up to 1000 mph winds and there is another apartment with a full bathroom attached to it. This can be used for storage and safety. Each unit is well equipped as a rental with a possible income of over $4000 per month. There are 44 solar panels on the sunroom roof. The previous electric bills $37, $101, and $100 for the past three months plus the $308 for the solar panels. The property is sold as is, where as, the existing payoff mortgage is $284,000 the sales price is $560,000. All roofs are in good working conditions and have been repaired/replaced by 2020. There is a large privacy fence, two horse gates, a large correal, gated area with a two horse or two goat stall, a barn, a 8x20 storage shed, unused dog kennels, enclosed chicken pen. Ten chickens will come with the sale. There is a firepit, circular driveway, a wonderful screened room where you can sit and watch birds flying while bathing in the fountain and enjoying many bird feeders, it feels like a bird airport. The fountain does not come with the house. The kitchen is totally upscale with a new stove which is a gas and electric oven, a new samsung fridge and dishwasher and garbage disposal, and a country sink. The sunroom sports a wood stove. and the screen room has a built in avirivy. There is a porch off of each bedroom which allows good airflow six months of the year. It is a haven paradise for people and animals. Whoever purchases this property has a gem. The owner has invested over a million dollars over the last 27 years into the property and wants to sell it to people who will appreciate the sanctuary as much as she does. The family is multi-generational and due to the youngest member who is six needs to move to Tallahassee where she attends school. The main house is cooled with sun block curtains on the inside and sunblock binds on the outside. A tenant's washer and dryer will remain. The farm is sustainable with many water resources from the main house pouring into gardens. There are two cabins and four apartments for income. The sunroom which is a very large 400 sq foot large room embellished with four upscale hand etched doors.  The main house is set up so that parts of it can be closed off and heated and cooled in separate areas including four bedrooms. The expenses are quite affordable. This really helps to keep the electric bill down. Heat is gas with an outside 500 gal tank. 

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 8
    • Full bathrooms: 8
    Heating
    • Forced air, Heat pump, Other, Stove, Wall, Electric, Propane / Butane, Solar, Wood / Pellet
    Cooling
    • Central, Solar, Wall
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Range / Oven, Washer
    Features
    • Flooring: Tile, Other, Carpet, Concrete, Hardwood, Linoleum / Vinyl
    • Basement: Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 6,400 sqft

    Property

    Parking
    • Total spaces: 10
    • Parking features: Carport, Off-street, On-street
    Features
    • Exterior features: Other, Wood
    • Has spa: Yes
    • Has view: Yes
    • View description: Park, Territorial
    Lot
    • Size: 4.05 Acres
    Details
    • Parcel number: 121N09349700K006

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Metal
    Condition
    • Year built: 1998

    Community & neighborhood

    Location
    • Region: Madison

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $12 monthly

    Price history

    DateEventPrice
    6/24/2025Listing removed$499,000$78/sqft
    Source: TBR #382381 Report a problem
    2/24/2025Listed for sale$499,000-10.9%$78/sqft
    Source: TBR #382381 Report a problem
    7/3/2024Listing removed--
    Source: Owner Report a problem
    6/6/2024Listed for sale$560,000+124%$88/sqft
    Source: Owner Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    4/29/2019Listing removed$250,000$39/sqft
    Source: Owner Report a problem
    4/29/2019Pending sale$250,000$39/sqft
    Source: Owner Report a problem
    4/25/2019Listed for sale$250,000-9.1%$39/sqft
    Source: Owner Report a problem
    2/9/2017Listing removed$275,000$43/sqft
    Source: Owner Report a problem
    12/27/2016Listed for sale$275,000-8%$43/sqft
    Source: Owner Report a problem
    8/31/2016Listing removed$299,000$47/sqft
    Source: Owner Report a problem
    5/27/2016Price change$299,000+19.6%$47/sqft
    Source: Owner Report a problem
    5/20/2016Listed for sale$250,000-16.4%$39/sqft
    Source: Owner Report a problem
    7/29/2015Listing removed$299,000$47/sqft
    Source: GTwo Property Services, LLC #248231 Report a problem
    6/1/2015Listed for sale$299,000$47/sqft
    Source: GTwo Property Services, LLC #248231 Report a problem
    7/23/2014Listing removed$400
    Source: A Main Street Realty Co, LLC #244177 Report a problem
    4/3/2014Listed for rent$400
    Source: A Main Street Realty Co, LLC #244177 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,608 -4.2%$300,726 -1%
    2024$3,767 -7.4%$303,879 -3.4%
    2023$4,069 +160.2%$314,419 +117.2%
    2022$1,564 +8.2%$144,780 +11.8%
    2021$1,445 +25.5%$129,532 +4.5%
    2020$1,151 +3.2%$123,938 +2.3%
    2019$1,115 $121,152 +0.3%
    2018-- $120,805 +19%
    2017-- $101,523 -0.5%
    2016-- $102,041 -0.3%
    2015-- $102,331 -0.3%
    2014-- $102,604 -6%
    2013-- $109,116 -2.3%
    2012-- $111,713 -5.7%
    2011-- $118,423 -6.1%
    2010-- $126,177 -4.2%
    2009-- $131,696 +0.1%
    2008-- $131,564 -15%
    2007-- $154,790 +14.1%
    2006-- $135,606 +39.5%
    2005-- $97,190 +5.8%
    2004-- $91,903 +1.9%
    2003-- $90,189 +32%
    2002-- $68,317 -2.8%
    2001-- $70,279 +2.6%
    2000-- $68,512

    Find assessor info on the county website

    Neighborhood: 32340

    Nearby schools

    GreatSchools rating
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