Investment opportunity. A package of two single family homes, two residential lots and one commercial lot. 524 Madison, 522 Madison, 520 Madison and 516 Madison are setting beside each other with a total land square footage of 15,700 SqFt or 0.360 acres. 601 Madison is cross the street commercial lot 3240SqFt (0.0666 Acres). 524 Madison is tenant occupied 3 bedrooms 1 bath 3186 sqft and detached garage 31' x 18'. Tenant pays on a month to month bases including all utilities. 516 Madison is vacant and needs some TLC to be able to turn it to an investment property. 516 Madison offers 3069 sqft 3 bedroom and 1 bath single family home with potentially 4th bedroom upstairs and 22' x 24' detached garage. Seller is selling the entire package and will not sell different parcels.
Closed
$70,000
524 Madison Ave, Evansville, IN 47713
3beds
2,520sqft
Multi Family
Built in 1909
-- sqft lot
$108,400 Zestimate®
$--/sqft
$801 Estimated rent
Home value
$108,400
$87,000 - $134,000
$801/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Tareq Alnatsheh Office:812-858-2400,
ERA FIRST ADVANTAGE REALTY, INC
Bought with:
Mia Dix, RB14022631
ERA FIRST ADVANTAGE REALTY, INC
Source: IRMLS,MLS#: 202321004
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Natural Gas, Forced Air, Hot Water
Cooling
- Central Air
Appliances
- Included: Gas Water Heater
Features
- Flooring: Wood
- Basement: Crawl Space,Full
- Attic: Storage
Interior area
- Total structure area: 3,780
- Total interior livable area: 2,520 sqft
- Finished area above ground: 1,260
- Finished area below ground: 1,260
Property
Parking
- Total spaces: 1
Features
- Levels: One and One Half
- Stories: 1
- Fencing: Fenced
Lot
- Size: 5,009 sqft
- Dimensions: 50' x 100'
- Features: Corner Lot
Details
- Additional structures: None
- Parcel number: 820632022024.010029
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Asphalt, Shingle Siding, Vinyl Siding
- Foundation: Basement
Condition
- New construction: No
- Year built: 1909
Utilities & green energy
- Sewer: City, Public Sewer
- Water: City, Public
Community & neighborhood
Location
- Region: Evansville
- Subdivision: None
HOA & financial
Other financial information
- Total actual rent: 9000
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 8/16/2024 | Sold | $70,000-58.8% |
Source:  IRMLS #202321004 Report a problem | ||
| 6/17/2024 | Pending sale | $170,000 |
Source: IRMLS #202321004 Report a problem | ||
| 6/14/2024 | Listed for sale | $170,000 |
Source: IRMLS #202321004 Report a problem | ||
| 3/15/2024 | Pending sale | $170,000 |
Source: IRMLS #202321004 Report a problem | ||
| 6/19/2023 | Listed for sale | $170,000 |
Source: IRMLS #202321004 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,349 +2% | $76,300 +22.1% |
| 2024 | $1,323 +223.9% | $62,500 +2.6% |
| 2023 | $408 +3.2% | $60,900 +225.7% |
| 2022 | $396 +2.3% | $18,700 +5.1% |
| 2021 | $387 +0.6% | $17,800 |
| 2020 | $384 -0.4% | $17,800 |
| 2019 | $386 0% | $17,800 |
| 2018 | $386 -2.9% | $17,800 +0.6% |
| 2017 | $397 +2.5% | $17,700 -2.7% |
| 2016 | $388 -1% | $18,200 +2.2% |
| 2014 | $392 +0.7% | $17,800 -0.6% |
| 2013 | $389 +2.6% | $17,900 |
| 2012 | $379 +4.6% | $17,900 +0.6% |
| 2011 | $363 +1.8% | $17,800 +1.1% |
| 2010 | $356 +1.2% | $17,600 |
| 2009 | $352 | $17,600 -2.8% |
| 2008 | -- | $18,100 |
| 2007 | -- | $18,100 |
| 2006 | -- | -- |
Find assessor info on the county website
Neighborhood: Goosetown
Nearby schools
GreatSchools rating
- 4/10Glenwood Leadership AcademyGrades: K-8Distance: 0.8 mi
- 2/10Benjamin Bosse High SchoolGrades: PK-12Distance: 1 mi
- 8/10New Tech InstituteGrades: 9-12Distance: 3.8 mi
Schools provided by the listing agent
- Elementary: Glenwood
- Middle: Glenwood
- High: Bosse
- District: Evansville-Vanderburgh School Corp.
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Indiana
- Vanderburgh County
- Evansville
- 47713
- Goosetown
- 524 Madison Ave
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