409 N Madison St

748 Sq. Ft.
$80 / Sq. Ft.
748
Sq. Ft.
$80
per Sq. Ft.

Description

This 2-bedroom, 1-bath home offers nearly 750 square feet of efficient, easy-to-maintain living space. This property features newer vinyl flooring throughout, creating a clean, modern feel and low-maintenance lifestyle. The functional layout maximizes every square foot, making the home ideal for first-time buyers, downsizers, or investors. A full basement provides excellent storage and additional potential for future finishing or hobby space. Conveniently located in Lincoln near local amenities,...This 2-bedroom, 1-bath home offers nearly 750 square feet of efficient, easy-to-maintain living space. This property features newer vinyl flooring throughout, creating a clean, modern feel and low-maintenance lifestyle. The functional layout maximizes every square foot, making the home ideal for first-time buyers, downsizers, or investors. A full basement provides excellent storage and additional potential for future finishing or hobby space. Conveniently located in Lincoln near local amenities, shopping, and dining. Being sold As-Is, cash or conventional financing only.
  1. Listed by Kayla Wilson • Land & Home Real Estate
    P: (217)-314-1293 C: (217)-314-1293 kayla.landandhomes@gmail.com

Property Details for 409 North Madison Street

Architectural Style
Bungalow
Subdivision Name
Melrose
LISTING UPDATED: 04/13/2026 03:01 PM

Property Details for 409 North Madison Street

StatusActive
MLS #CA1041946
Days on Market29
Taxes$972 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1920
Lot Size0.13 AC / 5,662 SF
CountyLogan County

Location

Listing Courtesy of Land & Home Real Estate
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Building Information for 409 North Madison Street

Stories-Year Built1920Building Size-Lot Size0.13 AC / 5,662 SF

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$383 per month

30 year fixed, 6.46% Interest

Principal and Interest

$302

Property Taxes

$81

HOA Dues

$0

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Property Information for 409 North Madison Street

Summary
Location and General Information
  • City: Lincoln
  • County Or Parish: Logan
  • Directions: 409 N Madison St., Lincoln IL
  • Latitude: 40.152753
  • Longitude: -89.381715
  • MLSArea Minor: Lincoln
  • Postal Code: 62656
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 12-645-213-00
  • Tax Annual Amount: $972
  • Tax Legal Description: 12-3247 Lot 213 Melrose Addn To Lincoln.
  • Tax Year: 2024
School Information
  • Elementary School: Northwest
  • High School: Lincoln
  • Middle Or Junior School: Lincoln Jr High
Parking
  • Parking Features: On Street
  • Garage: false
Property
Lot Information
  • Building Area Total: 748.0
  • Living Area: 748.0
  • Lot Features: Other
  • Lot Size Acres: 0.13
  • Lot Size Dimensions: 40x141
  • 100 Year Plain: No
Property and Assessments
  • Documents Available: None Available
  • New Construction: No
  • Year Built: 1920
Utilities
  • Water Source: Public, Public Sewer
  • Utilities On: No
  • Utility Company: Ameren Illinois
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Construction Materials: Vinyl Siding
Interior Features
  • Basement: Unfinished
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 2
  • Fireplaces Total: 0
  • Heating: Natural Gas
  • Operating Recording Device: None
Room Information
Room 1
  • Number Full Baths: 1
  • Number Half Baths: 0
  • Room Area: 748.0
  • Room Area Units: Feet.Inches
  • Room Type: Main Level
Room 2
  • Number Full Baths: 0
  • Number Half Baths: 0
  • Room Type: Upper Level
Room 3
  • Number Full Baths: 0
  • Number Half Baths: 0
  • Room Area Units: Feet.Inches
  • Room Type: Lower Level
Room 4
  • Number Full Baths: 0
  • Number Half Baths: 0
  • Room Area Units: Feet.Inches
  • Room Type: Basement
Room 5
  • Number Full Baths: 0
  • Number Half Baths: 0
  • Room Area Units: Feet.Inches
  • Room Type: Additional Level
Room 6
  • Egress Window: Yes
  • Flooring: Luxury Vinyl Plank
  • Room Length: 11.0
  • Room Level: Main
  • Room Type: Bedroom 1
  • Room Width: 9.0
Room 7
  • Egress Window: Yes
  • Flooring: Luxury Vinyl Plank
  • Room Length: 9.0
  • Room Level: Main
  • Room Type: Bedroom 2
  • Room Width: 12.0
Room 8
  • Flooring: Luxury Vinyl Plank
  • Room Length: 11.0
  • Room Level: Main
  • Room Type: Living Room
  • Room Width: 13.0
Room 9
  • Flooring: Luxury Vinyl Plank
  • Room Length: 11.0
  • Room Level: Main
  • Room Type: Kitchen
  • Room Width: 9.0
Room 10
  • Flooring: Luxury Vinyl Plank
  • Room Length: 5.0
  • Room Level: Main
  • Room Type: Laundry
  • Room Width: 8.0
Room 11
  • Number Full Baths: 0
  • Number Half Baths: 0
  • Room Type: Third Floor
Mobile Home
Mobile/Manufactured Home
  • Property Is Mobile Home: No

Property History for 409 North Madison Street

DateEvent & SourcePriceAppreciation
Feb 24, 2026

Listed (Active)

RMLS ALLIANCE #CA1041946

$75,000
May 11, 2020

Sold (Public Record)

Public Record #1377788567

$7,500

+155.8% / yr

May 11, 2020

Sold

MRED #10640019

$7,500
DateEvent & SourcePrice
02/24/2026

Listed (Active)

RMLS ALLIANCE #CA1041946

$75,000
05/11/2020

Sold (Public Record)

Public Record #1377788567

$7,500

+155.8% / yr

05/11/2020

Sold

MRED #10640019

$7,500

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

Public Records for 409 North Madison Street

Taxable ValueLand$3,560Additions$7,190Total$10,750
Tax Record2024$972 ($81 / month)
Home Facts
Beds0Lot Size5,663 SqFtStyleSingle Family ResidenceCountyLOGANAPN12-645-213-00

Schools near 409 North Madison Street

This home is within Lincoln Chsd 404 School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Northwest Elementary School
PublicK to 5

Lincoln Jr High School
Public6 to 8

Lincoln Community High School
Public9 to 12

Carroll Catholic School
PrivatePK to 8

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

Similar Sold Homes

409 North Madison Street is a single family home for sale in Lincoln, IL 62656. This property was listed for sale on February 24, 2026 by Land & Home Real Estate, it's currently listed at $59,900. It has been on the market for a total of 29 days and was last sold on May 11, 2020. This listing's school districts are Lincoln Chsd 404 School District, Lincoln Esd 27 School District. Nearby schools include Northwest Elementary School, Lincoln Jr High School and Lincoln Community High School. 409 North Madison Street is a 2-bed, 1-bath, 748 sqft single family home built in 1920.

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 Land & Home Real Estate

Based on information submitted to the MLS GRID as of 04/13/2026 03:01 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.