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501 W Madison St, Farina, IL, 62838

$89,900

Home List Price

$1,068*

Closing Credit

4 Bedrooms
2 Full Baths
2,165 SqFt
$42/SqFt
House

Location

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501 W Madison St, Farina$89,900

Buyer Closing Credits

$1,068*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached
Attached Garage1 space
Year Built1905
HeatingNatural Gas, Central
CoolingCeiling Fan(s)
BasementYes
FireplaceGas Log
MLS #EB455144
StatusActive

About 501 W Madison St

Classic old world charm! This 2 story timeless dwelling sets on the corner within homes of the same era. Traditional little town with the original charm in a quaint Midwest location. On I-57 between Salem IL and Effingham IL. This home still has the original woodwork trim and molding in place including the large wooden pocket doors and stairwell landing. Tall ceilings and big rooms on main level. Walk-in shower in one bathroom and garden tub in the other. Large parlor room with gas fireplace and a formal dining room if needed. Main level master bedroom with 12'4 x 7'2 closet. The upstairs landing is large enough to be additional living room or play area if needed. Extra space in the 1 car attached garage that has a storage room with more storage on the loft. Over 2100 square feet of versatile space for whatever layout you create!

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1905
  • Living Area: 2,165 SqFt

Listing Office:

  • Office Name: SOMER REAL ESTATE
  • Office Phone: (618) 548-5123
  • Listing Agent: Penelope Crain

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Basement: Yes
  • Interior: Ceiling Fan(s), Foyer - 2 Story
  • Fireplace: Gas Log

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Natural Gas, Central
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: Located on the corner of Madison and Mulberry Streets

Price Information

Listing Price Info

Price Summary:

  • List Price: $89,900
  • Price Per SqFt: $42/SqFt

Tax Information:

  • Annual Amount: $1,944
  • Tax Year: 2020
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MLS Details

MLS Information:

  • MLS Name: RMLSA
  • MLS Number: #EB455144

Listing Office:

  • Office Name: SOMER REAL ESTATE
  • Office Phone: (618) 548-5123
  • Listing Agent: Penelope Crain

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2024 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/13/2024, 4:21:01 PM 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$1,944$23,785
2019$1,223$22,870
2018$1,223$22,870

History based on county public records data.

Payment Calculator

$516

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$336

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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-2732135
3
/10
  • South Central Elementary-Kinmundy

  • 810 E 1st St

  • 5.29 miles

  • Public District Grades PK-5

school-card-donut-2732136
7
/10
  • St Elmo Elementary School

  • 519 W 2nd St

  • 13.84 miles

  • Public District Grades PK-6

school-card-donut-2732137
5
/10
  • Brownstown Elementary School

  • 460 W South St

  • 14.70 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,696. Typical income of Fayette County, IL residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 501 W Madison St

What is the listing price of this property?

The listing price of 501 W Madison St property is $89,900.

What type of property is this?

The property 501 W Madison St is a house located in Farina, Illinois, 62838.

Is this property for sale now?

Active Listing: 501 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 $1,944 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 501 W Madison St has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 501 W Madison St is 2,165 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 W Madison St is 1905.

Rocket HomesIllinoisFayette CountyFarina62838501 W Madison St

This home is located at 501 W Madison St in Farina, IL and zip code 62838. This 2,165 square foot home was built in 1905. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 16, 2024 and is currently priced at $89,900.

While more than 1 listings in Fayette County, IL in November 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 10 were sold below. Between October 2024 and November 2024, Fayette County, IL real estate market has seen decrease in the number of listings by 1.5%. In November 2024 median list price was $125,000 and the average listing age was 82 days.

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

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