1503 N Madison St

2,691 Sq. Ft.
$56 / Sq. Ft.
2,691
Sq. Ft.
$56
per Sq. Ft.

Description

Nice brick two story home with attached two car garage and large fenced in backyard. This property has space galore along with an in-law quarters. Looking for the perfect home with all the space you could dream of? This may be your dream home waiting on you. Offers will be reviewed after 7 days on the market. This Property was previously financed by a mortgage loan that was insured by the U. S. Department of Housing and Urban Development (''HUD'') and requires 30-day priority purchase period for...Nice brick two story home with attached two car garage and large fenced in backyard. This property has space galore along with an in-law quarters. Looking for the perfect home with all the space you could dream of? This may be your dream home waiting on you. Offers will be reviewed after 7 days on the market. This Property was previously financed by a mortgage loan that was insured by the U. S. Department of Housing and Urban Development (''HUD'') and requires 30-day priority purchase period for Owner-Occupant buyers, Eligible Nonprofit Organizations, and governmental entities. Applicable buyers must submit the Notice of Interest document for offer review. (See Offer Instructions as attached). First Look Offerees will be granted a 10-business day due diligence (inspection) period from the date of notice.
  1. Listed by Juan Brooks • Brokerage DRE #23387 • Process Realty Services
    P: (901)-368-9872 jbrooks30@comcast.net

Amenities

  • Air Conditioning
  • Attached Garage
  • Basement
  • Central AC
  • Driveway
  • Fireplace
  • Garage
  • Hardwood Floors
LISTING UPDATED: 12/18/2025 08:18 PM

Property Details for 1503 North Madison Street

StatusClosed
MLS #4122550
Days on Market50
Taxes$801 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1955
Lot Size0.67 AC / 29,185 SF
CountyAlcorn County

Location

Listing Courtesy of Process Realty Services

Sold By Process Realty Services

Add your commute

Building Information for 1503 North Madison Street

Stories-Year Built1955Building Size-Lot Size0.67 AC / 29,185 SF

Payment Calculator

$797 per month

30 year fixed, 6.15% Interest

Principal and Interest

$731

Property Taxes

$67

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1503 North Madison Street

Summary
Location and General Information
  • Directions: FROM HIGHWAY 72 TURN LEFT ONTO S. CASS STREET AND TAKE S. CASS STREET TO CRUISE STREET AND MAKE A RIGHT THEN MAKE QUICK LEFT ONTO MADISON. TAKE MADISON DOWN TO PROPERTY AND PROPERTY WILL BE ON YOUR LEFT HAND SIDE OF STREET.
  • Fencing: Back Yard, Wrought Iron
  • Subdivision Name: Metes And Bounds
  • Latitude: 34.94
  • Longitude: -88.51
Taxes and HOA
  • Association Fee: $0
  • Tax Legal Description: LOT W/S MADISON ST B 241 P 684 01/05/1989
  • Tax Year: 2024
  • Tax Annual Amount: $801.00
  • Tax and Financial Information:Tax Annual Amount: $801.00
  • Tax and Financial Information:Tax Year: 2,024.00
  • Tax and Financial Information:Homestead Y/N: No
  • Tax and Financial Information:Additional Exemptions Y/N: No
  • Tax and Financial Information:Flood Insurance Required?: No
  • Tax and Financial Information:Leasehold Y/N: No
  • Tax and Financial Information:Association: No
  • Tax and Financial Information:Covenants Y/N: No
  • Tax and Financial Information:Legal Description: LOT W/S MADISON ST B 241 P 684 01/05/1989
Parking
  • Parking Features: Attached, Driveway, Garage Faces Front, Direct Access, Concrete
  • Carport Spaces: .00
  • Garage Spaces: 2.00
  • Parking Total: 2.00
  • Attached Garage: Yes
  • Parking Features:Parking Total: 2.00
  • Parking Features:Attached: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
Property
Lot Information
  • Other Structures: In-law, Shed(s)
  • Lot Size Acres: 0.67
  • Year Built Source: Public Records
  • Structure Type: House
  • Living Area Source: Public Records
  • Building Area Total: 2691.0
  • Lot Size Area: 0.67
  • Lot Size Units: Acres
  • Lot Size Square Feet: 29185.2
Property and Assessments
  • New Construction: No
  • Disclosures: Corporate Owned, REO
  • Floor Plans Count: 0
  • Property Type: Residential,Single Family Residence
  • Year Built: 1955
  • Property Sub Type: Single Family Residence
  • General Property Information:New Construction: No
  • General Property Information:Property Condition: Fixer
  • General Property Information:Approx Lot Size Acres: .67
  • General Property Information:SqFt Source: Public Records
  • General Property Information:Year Built Source: Public Records
  • General Property Information:Garage Spaces: 2.00
  • General Property Information:Carport Spaces: .00
  • General Property Information:Total Floors: 2.00
  • General Property Information:Bathrooms Half: .00
  • General Property Information:Bathrooms Three Quarter: .00
  • General Property Information:Fireplace: Yes
  • General Property Information:Fireplaces Total: 1.00
  • General Property Information:Pool: No
  • General Property Information:School District: Corinth Dist
  • General Property Information:Home Warranty: No
  • General Property Information:Accessibility Features: No
Utilities
  • Utilities: Electricity Available, Sewer Available, Water Available, See Remarks
Interior and Exterior Features
Exterior Features
  • Roof: Asphalt, Shingle
  • Pool Private: No
  • Construction Materials: Brick, Brick Veneer, Wood Siding
  • Foundation Details: Slab
  • Exterior Features: Private Yard, Rain Gutters, Other, See Remarks
Interior Features
  • Flooring: Hardwood
  • Fireplace: Yes
  • Basement: Yes
  • Cooling: Yes
  • Cooling: Central Air
  • Fireplace Features: Great Room
  • Heating: Central, See Remarks
  • Interior Features: Ceiling Fan(s), See Remarks
  • Levels: Two
  • Sewer: Public Sewer
  • Water Source: Public
  • Window Features: Wood Frames
  • Heating: Yes
  • Room Type: Great Room, Kitchen, Bedroom, Bathroom, Sunroom
  • Rooms Total: 9
  • Bathrooms Total Integer: 2
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Notational: 2.00
  • Bedrooms Total: 4
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 0
  • Appliances: None
  • Basement Features:Basement: Yes
  • Basement Features:Bath/Stubbed: Yes
  • Basement Features:Concrete: Yes
  • Basement Features:Exterior Entry: Yes
  • Basement Features:Full: Yes
Room Information
Room Information
  • Room Type:Bathroom: Yes
  • Room Type:Bathroom Level: Main
  • Room Type:Bedroom: Yes
  • Room Type:Bedroom Level: Main
  • Room Type:Great Room: Yes
  • Room Type:Great Room Level: Main
  • Room Type:Kitchen: Yes
  • Room Type:Kitchen Level: Main
  • Room Type:Sunroom: Yes
  • Room Type:Sunroom Level: Main

Property History for 1503 North Madison Street

DateEvent & SourcePriceAppreciation
Dec 15, 2025

Sold

GCAOR MLS #4122550

—
Oct 3, 2025

Contract Signed

GCAOR MLS #4122550

—
Sep 15, 2025

Price Change

GCAOR MLS #4122550

$149,900—
Aug 15, 2025

Listed (Active)

GCAOR MLS #4122550

$159,900—
DateEvent & SourcePrice
12/15/2025

Sold

GCAOR MLS #4122550

—
10/03/2025

Contract Signed

GCAOR MLS #4122550

—
09/15/2025

Price Change

GCAOR MLS #4122550

$149,900
08/15/2025

Listed (Active)

GCAOR MLS #4122550

$159,900

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

Public Records for 1503 North Madison Street

Taxable ValueLand-Additions-Total-
Home Facts
Total Finished SqFt2,691 SqFtAbove Grade Finished SqFt2,691 SqFtLot Size29,400 SqFtStyleSingle Family ResidenceYear Built1955CountyALCORNAPN0801012 A 01000Fireplace TypeHas Fireplace

Schools near 1503 North Madison Street

This home is within Corinth School Dist.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Private - 2 to 5
Rating
School
Distance
Corinth Elementary School
PublicPK to 4

Corinth Middle School
Public5 to 8

Corinth High School
Public9 to 12

Parkway Christian Academy
Private2 to 5

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.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Process Realty Services

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Services of MAAR and Central West Tennessee Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the MAAR and Central West Tennessee Association of Realtors logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by MAAR and Central West Tennessee Association of Realtors. Listing information Copyright© 2026 MLS of MAAR and Central West Tennessee Association of Realtors, Inc. All Rights Reserved.