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2229 W Madison St, Louisville, KY, 40211

$32,500

Home List Price

$386*

Closing Credit

3 Bedrooms
2 Full Baths
1,630 SqFt
$20/SqFt
House

Location

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2229 W Madison St, Louisville$32,500

Buyer Closing Credits

$386*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Entry Rear
Garage1 space
Year Built1900
HeatingNatural Gas
CoolingNone
MLS #1671239
Lot Size0.11 Acres
StatusActive

About 2229 W Madison St

Full rehab property with great potential located in the Russell neighborhood. Three bedrooms and two bathrooms, over 1,600 square feet of living space. Spacious lot with easy access to major highways and public transportation. Perfect opportunity for investors. Would be a cash flow machine once renovated. Property sold as-is, buyer to verify all information. Don't miss out on this great investment opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Stories: 1
  • Living Area: 1,630 SqFt

Listing Office:

  • Office Name: Schuler Bauer Real Estate Services ERA Powered

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached, Entry Rear

Lot Features

Lot Information:

  • Lot: Sidewalk
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: West Main Street to South 22nd Street to West Madison Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $32,500
  • Price Per SqFt: $20/SqFt

Tax Information:

  • Annual Amount: $376
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Louisville, KY.

Med. Sold Price

$252.6K

Med. Price/SqFt

$185

Avg. Days On Market

15

# of Sold Homes

750

2229 W Madison St vs Louisville

57 DAYS ON ROCKET

+42 Days

$32,500

-$220.1K Less

$20/SqFt

-$166 Less

KEY TAKEAWAY

This property is $220.1K less than the Median Sold Price and $166/SqFt less than other homes in Louisville, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Metro Search (Greater Louisville Association of REALTORS®)
  • MLS Number: #1671239

Listing Office:

  • Office Name: Schuler Bauer Real Estate Services ERA Powered

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search Multiple Listing Service. Real estate listings held by other Brokerage firms are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. 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. Information deemed reliable but not guaranteed. Copyright © 2024 Greater Louisville Association of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 7:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$376$27,350
2019$366$27,350
2018$489$37,540
2017$489$37,540

History based on county public records data.

Payment Calculator

$230

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$164

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-222135
1
/10
  • Byck Elementary School

  • 2328 Cedar St

  • 0.16 miles

  • Public Magnet Grades KG-5

school-card-donut-222136
2
/10
  • Atkinson Elementary School

  • 2811 Duncan St

  • 0.91 miles

  • Public Magnet Grades KG-5

school-card-donut-222137
6
/10
  • Brandeis Elementary School

  • 2817 W Kentucky St

  • 0.94 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $12,632. The most common annual income of people living in Louisville, KY is less than $35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2229 W Madison St

What is the listing price of this property?

The listing price of 2229 W Madison St property is $32,500.

What type of property is this?

The property 2229 W Madison St is a house located in Louisville, Kentucky, 40211.

Is this property for sale now?

Active Listing: 2229 W Madison St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $376 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2229 W Madison St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2229 W Madison St is 1,630 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2229 W Madison St is 1900.

Rocket HomesKentuckyJefferson CountyLouisville402112229 W Madison St

This home is located at 2229 W Madison St in Louisville, KY and zip code 40211 in the Russell neighborhood. This 1,630 square foot home, which was built in 1900, sits on a 0.11 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 24, 2024 and is currently priced at $32,500.

Over 211 listings were sold over their listed price in October 2024 in Louisville, KY. In the same period over 346 listings were sold below the listed price and 193 listings were sold for the listed price. Between September 2024 and October 2024, Louisville, KY real estate market has seen increase in the number of listings by 6.9%. Listings spent 15 days on the market in October 2024, and had a median list price of $252,697 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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