1026 Madison St

2,424 Sq. Ft.
$30 / Sq. Ft.
2,424
Sq. Ft.
$30
per Sq. Ft.

Description

Well maintained older home with 3 units. This is a good income producer. Total income per month $1350. One 2 bedroom unit on main level, 1 bedroom and efficiency unit on second level. Current tenants are long term and dependable. Corner property. New metal roof.Well maintained older home with 3 units. This is a good income producer. Total income per month $1350. One 2 bedroom unit on main level, 1 bedroom and efficiency unit on second level. Current tenants are long term and dependable. Corner property. New metal roof.
  1. Listed by Susan Morris • Listing Leaders, NCI-Rochester

Property Details for 1026 Madison Street

Style
One and Half Story
Architectural Style
Traditional
Subdivision
None
Waterfront
No
Pet Restrictions
No
LISTING CLOSED: 10/17/2019 12:00 AM

Property Details for 1026 Madison Street

StatusSold
MLS #201940368
Days on Market34
Taxes$1,702 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family / Triplex
Year Built1900
Lot Size0.16 AC / 6,970 SF
CountyFulton County

Location

Listing Courtesy of Listing Leaders, NCI-Rochester

Sold By Pacesetters Real Estate

Add your commute

Building Information for 1026 Madison Street

Stories1Residences3Year Built1900Building Size-Lot Size0.16 AC / 6,970 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$508 per month

30 year fixed, 6.55% Interest

Principal and Interest

$366

Property Taxes

$142

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 1026 Madison Street

Summary
Location and General Information
  • Area: Fulton County
  • City: Rochester
  • Zip Code: 46975
  • City Zoning: Unknown
  • State: IN
  • Township: Rochester
  • Inside City Limits: Yes
  • Fips Code: 18049
  • Directions To Property: Main St to 12th St, east to the N/W corner of 12th and Madison.
  • Location: City/Town/Suburb
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2019
  • Parcel Number Id: 25-07-92-259-013.000-009
School Information
  • School District: Rochester Community School Corp.
  • Elementary: Columbia / Riddle
  • Middle School: Rochester
  • High School: Rochester
Parking
  • Number Of Parking Spaces: 3
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Triplex
  • Approx Lot Size Acres: 0.16
  • Lot Dimensions: 41x165
  • Below Grade Unfin Sqft: 1340.0
  • Total Square Feet: 3764.0
  • Approx Lot Size Sqft: 6970.0
  • Above Grade Finished Sqft: 2424.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 1340.0
  • Total Finished Sqft: 2424.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Corner
Property and Assessments
  • New Construction: No
  • Year Built: 1900
  • Age: 119
  • Documents Available: Aerial Photo, LBP Form
  • Planned Unit Development: No
Green Features
  • Exemptions: No Exemptions
Utilities
  • Sewer: City
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Basement, Porch Open
  • Exterior: Vinyl
  • Fence: None
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
  • Roof Material: Metal
Interior Features
  • Number of Electric Meters: 3
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 0
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 3
  • Number of Refrigerators: 3
  • Number of W/D Hookups: 1
  • Number of Washers: 0
  • Number Water Meters: 3
  • Basement Material: Block
  • Basement: Yes
  • Basement/Foundation: Full Basement
  • Cooling: None
  • Flooring: Carpet, Vinyl
  • Heating/Fuel: Forced Air
  • Stories: 2
  • Number of Above Grade Bedrooms: 4
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 4
  • Total Number of Full Baths: 3
  • Total Number of Half Baths: 0
  • Total Baths: 3
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 1
  • Num Of 2 Bedrooms: 1
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 1
  • Num of Units Rented: 2
  • Number of Units: 3
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $16,200
  • Annual Insurance Expense: $929
  • Annual Maint. Expense: $0
  • Annual Misc: $1,469
  • Annual Net Income: $10,807
  • Annual Property Tax: $1,702
  • Annual Trash Expense: $444
  • Annual Water/Sewer Exp: $850
  • Gross Monthly Income: $1,350
  • Gross Monthly Rent: $1,350
Unit Information
Unit 1
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 2
  • Unit 1-Num of Rooms: 5
  • Unit 1-Basement: Yes
  • Unit 1-Currently Rented: Yes
  • Unit 1-Level: Main
  • Unit 1-Unit Rent $: $500
Unit 2
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 1
  • Unit 2-Num of Rooms: 3
  • Unit 2-Currently Rented: Yes
  • Unit 2-Unit Rent $: $475
Unit 3
  • Unit 3-Num of Bathrooms: 1
  • Unit 3-Num of Bedrooms: 1
  • Unit 3-Num of Rooms: 2
  • Unit 3-Currently Rented: No
  • Unit 3-Level: Upper
  • Unit 3-Unit Rent $: $375
Rental
Rental Information
  • Lease Term: 1 Year
  • Owner Pays: Trash Collection
  • Tenant Pays: Fuel

Property History for 1026 Madison Street

DateEvent & SourcePriceAppreciation
Oct 17, 2019

Sold

Indiana Regional MLS #201940368

$72,000
Oct 17, 2019

Pending

Indiana Regional MLS #201940368

Sep 13, 2019

Listed (Active)

Indiana Regional MLS #201940368

$79,900
DateEvent & SourcePrice
10/17/2019

Sold

Indiana Regional MLS #201940368

$72,000
10/17/2019

Pending

Indiana Regional MLS #201940368

09/13/2019

Listed (Active)

Indiana Regional MLS #201940368

$79,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1026 Madison Street

Taxable ValueLand$8,500Additions$76,600Total$85,100
Tax Record2020$1,702 ($142 / month)
Home Facts
Baths3Total Finished SqFt2,424 SqFtAbove Grade Finished SqFt2,424 SqFtUnfinished Basement SqFt1,340 SqFtStories2Lot Size6,752 SqFtStyleTriplexYear Built1900Year Renovated1900CountyFULTONAPN25-07-92-259-013.000-009

Schools near 1026 Madison Street

This home is within Rochester Community Sch Corp.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - 2 to 4
Public - 5 to 7
Public - 8 to 12
Rating
School
Distance
Columbia Elementary School
PublicPK to 1

George M Riddle Elementary School
Public2 to 4

Rochester Community Md School
Public5 to 7

Rochester Community High School
Public8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Nearby off-market homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Listing Leaders, NCI-Rochester

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.