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308 E Madison St, Goshen, IN, 46526

$285,000

Home List Price

$3,384*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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308 E Madison St, Goshen$285,000

Buyer Closing Credits

$3,384*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1940
HeatingNatural Gas, Forced Air
CoolingWindow Unit(s)
MLS #202410119
Lot Size0.05 Acres
StatusActive

About 308 E Madison St

Excellent cash flow on this 5 unit in Goshen. 4 units have been recently remodeled, and the other has a nine year tenant. 3 One Bedroom Units and 2 Studio apartments. NIPSCO shows separate meters for all, plus the common space/basement. Additional Parking may be possible at property to the south with a lease agreement after closing.

Property Details

Property Features

Property Information:

  • Year Built: 1940
  • Stories: 2

Listing Office:

  • Office Name: RE/MAX Results-Goshen
  • Office Phone: (574) 533-9581
  • Listing Agent: Nicolas Wyse

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  • Virtual Tour: 308 E Madison St

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Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Goshen High School, Public District Grades 9-12
  • Goshen Middle School, Public District Grades 6-9
  • Chandler Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: E Madison between 6th and 7th. Parking available in lot to the west.

Price Information

Listing Price Info

Price Summary:

  • List Price: $285,000

Tax Information:

  • Annual Amount: $2,022
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Goshen, IN.

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Goshen, IN

City

Med. List Price

$270K

Med. Price/SqFt

$137

Avg. Days On Market

44

# of Sold Homes

10

308 E Madison St vs Goshen

40 DAYS ON ROCKET

-4 Days

$285,000

+$15K More

KEY TAKEAWAY

This property is $15K more than the Median List Price in Goshen, IN.

Based on homes listed in April 2024

MLS Details

MLS Information:

  • MLS Number: #202410119

Listing Office:

  • Office Name: RE/MAX Results-Goshen
  • Office Phone: (574) 533-9581
  • Listing Agent: Nicolas Wyse

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). 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. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. 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: 5/7/2024, 12:20:38 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
2021$2,022$120,000
2019$1,901$76,500
2018$1,795$76,200
2017$1,755$85,600

History based on county public records data.

Payment Calculator

$1,490

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$921

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NMLS#3030

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.

Elementary School

school-card-donut-7234133
5
/10

  • Chandler Elementary School

  • 419 S 8th St

  • 0.11 miles

  • Public District Grades KG-5

Middle School

school-card-donut-7234134
5
/10

  • Goshen Middle School

  • 1216 S Indiana Ave

  • 1.07 miles

  • Public District Grades 6-9

High School

school-card-donut-7234135
5
/10

  • Goshen High School

  • 1 Redskin Rd

  • 0.44 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,176. Most Goshen, IN residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Indiana›Elkhart County›Goshen›46526›308 E Madison St

This home is located at 308 E Madison St in Goshen, IN and zip code 46526. This home was built in 1940. It has been listed on Rocket Homes since March 27, 2024 and is currently priced at $285,000.

Between March 2024 and April 2024, Goshen, IN real estate market has seen increase in the number of listings by 146.2%. While the average time on the market in April 2024 was 44 days, the median list price was $270,000.

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

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