Approx. 3,600 sq ft total space including walk-out basement and garage in this rare basement rancher in the heart of Madison with top-rated Madison City Schools. Main level offers spacious living areas and hardwood floors. Walk-out basement adds versatility with additional bedrooms, living space, full bath, and garage access to the backyard. Situated on a large lot with two detached buildings, including a 20x24 shop (approx. 495 sq ft) plus ~200 sq ft covered area, and an additional detached building for storage or workspace. Concrete storm shelter (4x8, 7’8” tall) with metal door. Walk to nearby dining and shopping just steps away. Unique opportunity in a prime Madison location.
For sale
Price cut: $4.9K (5/26)
$325,000
601 Walton Dr, Madison, AL 35758
5beds
1,639sqft
Single Family Residence
Built in 1970
0.56 Acres Lot
$-- Zestimate®
$198/sqft
$-- HOA
What's special
Walk-out basementLarge lotTwo detached buildingsHardwood floors
- 92 days |
- 734 |
- 32 |
Zillow last checked:
Listing updated:
Listed by:
Matthew Dallow 973-900-1740,
A.H. Sothebys Int. Realty,
Amanda Howard 256-799-9000,
A.H. Sothebys Int. Realty
Source: ValleyMLS,MLS#: 21914344
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
Rooms
- Room types: Foyer, Master Bedroom, Living Room, Bedroom 2, Dining Room, Bedroom 3, Kitchen, Bedroom 4, Utility Room
Primary bedroom
- Features: Ceiling Fan(s), Wood Floor
- Level: First
- Area: 156
- Dimensions: 12 x 13
Bedroom 2
- Features: Ceiling Fan(s), Wood Floor
- Level: First
- Area: 156
- Dimensions: 12 x 13
Bedroom 3
- Features: Wood Floor
- Level: First
- Area: 132
- Dimensions: 11 x 12
Bedroom 4
- Features: Linoleum
- Level: Basement
- Area: 195
- Dimensions: 13 x 15
Bedroom 5
- Features: Linoleum
- Level: Basement
- Area: 273
- Dimensions: 13 x 21
Dining room
- Features: Recessed Lighting, Wood Floor
- Level: First
- Area: 130
- Dimensions: 10 x 13
Kitchen
- Features: Ceiling Fan(s), Vinyl, Built-in Features
- Level: First
- Area: 156
- Dimensions: 12 x 13
Living room
- Features: Wood Floor
- Level: First
- Area: 195
- Dimensions: 13 x 15
Utility room
- Level: Basement
- Area: 117
- Dimensions: 9 x 13
Heating
- Central 1
Cooling
- Central 1
Features
- Basement: Basement
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 1,639 sqft
Property
Parking
- Parking features: Garage-Three Car, Garage-Attached, Garage-Detached
Lot
- Size: 0.56 Acres
Details
- Parcel number: 1602090002072000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1970
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Mary Margaret Lanier Frost Lnd
HOA
- Has HOA: No
Location
- Region: Madison
Financial & listing details
- Price per square foot: $198/sqft
- Tax assessed value: $220,600
- Annual tax amount: $1,497
- Date on market: 4/6/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/26/2026 | Price change | $325,000-1.5%$198/sqft |
Source: | ||
| 4/28/2026 | Price change | $329,900-14.3%$201/sqft |
Source: | ||
| 4/6/2026 | Listed for sale | $385,000-1.3%$235/sqft |
Source: | ||
| 6/26/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/14/2025 | Listed for sale | $390,000+132.8%$238/sqft |
Source: Owner Report a problem | ||
| 3/6/2019 | Sold | $167,500-6.9%$102/sqft |
Source: | ||
| 9/20/2018 | Price change | $180,000-5.3%$110/sqft |
Source: Opie Balch Realty LLC #1065282 Report a problem | ||
| 6/21/2018 | Price change | $190,000-4.8%$116/sqft |
Source: Opie Balch Realty LLC #1065282 Report a problem | ||
| 5/10/2018 | Price change | $199,500-4.5%$122/sqft |
Source: Opie Balch Realty LLC #1065282 Report a problem | ||
| 3/24/2017 | Listed for sale | $209,000+596.7%$128/sqft |
Source: Opie Balch Realty LLC #1065282 Report a problem | ||
| 8/30/2013 | Sold | $30,000-14.3%$18/sqft |
Source: | ||
| 11/1/2012 | Listed for sale | $35,000$21/sqft |
Source: Real Estate Alliance Inc. DBA RE/MAX Alliance #532311 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,497 +3.5% | $22,080 +3.4% |
| 2024 | $1,447 -50.6% | $21,360 -48.9% |
| 2023 | $2,927 +8.7% | $41,840 +8.7% |
| 2022 | $2,693 +12.9% | $38,480 +13% |
| 2021 | $2,385 +2.5% | $34,040 +2.5% |
| 2020 | $2,326 +11.9% | $33,200 -7.4% |
| 2019 | $2,080 | $35,840 +4.5% |
| 2018 | $2,080 | $34,300 +99.9% |
| 2017 | -- | $17,160 |
| 2016 | -- | $17,160 |
| 2015 | -- | $17,160 -0.3% |
| 2014 | -- | $17,220 |
| 2013 | -- | $17,220 |
| 2012 | -- | $17,220 -49.9% |
| 2011 | -- | $34,400 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 35758
Nearby schools
GreatSchools rating
- 10/10Midtown Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 10/10Journey Middle SchoolGrades: 6-8Distance: 1.3 mi
- 8/10Bob Jones High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Horizon (K-6)
- Middle: Discovery
- High: Bob Jones
Source: ValleyMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Alabama
- Madison County
- Madison
- 35758
- 601 Walton Dr





