2 months on rocket

2228 W Madison St, Louisville, KY, 40211

$136,900

Home List Price

$1,626*

Closing Credit

0 Baths
1,979 SqFt
$69/SqFt
Multi
Schools Nearby

Location

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2228 W Madison St, Louisville$136,900

Buyer Closing Credits

$1,626*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1910
HeatingForced Air, Natural Gas
CoolingCentral Air
MLS #1655312
StatusActive

About 2228 W Madison St

ATTENTION INVESTORS --- Duplex Investment Opportunity -- remodeled and upgraded duplex completed in 2022. This property would make a valuable addition to your portfolio! Front unit $975 / month (lease expires June 24'), Back unit - vacant (3 bed / 1 bath & 2 bed / 1 bath units), Separately metered, tenants pay electric, owner pays water & gas. Off Street Parking. 48-hour notice is required to view property.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1910
  • Living Area: 1,979 SqFt

Listing Office:

  • Office Name: Semonin REALTORS

Exterior Features

Exterior Information:

  • Exterior: Deck, Porch

Lot Features

Lot Information:

  • Lot: Sidewalk

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Brown School, Public District Grades KG-12
  • Eastern High School, Public District Grades 9-12
  • Western Middle School, Public District Grades 6-8
  • Crosby Middle School, Public District Grades 6-8
  • Byck Elementary School, Public Magnet Grades PK-5
  • Lincoln Elementary Performing Arts, Public District Grades KG-5

Other

Directions Information:

  • Directions: I-64 W to exit 4 toward 9th St/Roy Wilkins Ave Keep right, follow signs for Jefferson St and merge onto W Jefferson Street Continue on W Jefferson St Left onto S. 26th St Turn Right onto W. Madison.

Price Information

Listing Price Info

Price Summary:

  • List Price: $136,900
  • Price Per SqFt: $69/SqFt

Tax Information:

  • Annual Amount: $526
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$245.9K

Med. Price/SqFt

$179

Avg. Days On Market

18

# of Sold Homes

754

2228 W Madison St vs Louisville

78 DAYS ON ROCKET

+60 Days

$136,900

-$109K Less

$69/SqFt

-$111 Less

KEY TAKEAWAY

This property is $109K less than the Median Sold Price and $111/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: #1655312

Listing Office:

  • Office Name: Semonin REALTORS

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: 5/15/2024, 8:20:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 30, 2020Home Sold
$19,000
Feb 27, 2020Home Sold
$19,000

Tax History

YEARPROP. TAXASSESSMENT
2020$526$38,280
2019$513$38,280
2018$323$24,800
2017$323$24,800

History based on county public records data.

Payment Calculator

$751

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$477

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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.

Elementary School

school-card-donut-1241723
1
/10
  • Byck Elementary School

  • 2328 Cedar St

  • 0.20 miles

  • Public Magnet Grades PK-5

school-card-donut-1241724
4
/10
  • Lincoln Elementary Performing Arts

  • 930 E Main St

  • 2.95 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1241725
3
/10
  • Western Middle School

  • 2201 W Main St

  • 0.53 miles

  • Public District Grades 6-8

school-card-donut-1241726
4
/10
  • Crosby Middle School

  • 303 Gatehouse Ln

  • 12.70 miles

  • Public District Grades 6-8

High School

school-card-donut-1241727
10
/10
  • Brown School

  • 546 S 1st St

  • 1.95 miles

  • Public District Grades KG-12

school-card-donut-1241728
6
/10
  • Eastern High School

  • 12400 Old Shelbyville Rd

  • 14.27 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $12,632. Residents of Louisville, KY typically earn less than $35k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesKentuckyJefferson CountyLouisville402112228 W Madison St

This home is located at 2228 W Madison St in Louisville, KY and zip code 40211 in the Russell neighborhood. This 1,979 square foot home was built in 1910. It has been listed on Rocket Homes since February 26, 2024 and is currently priced at $136,900.

Over 237 listings were sold over their listed price in April 2024 in Louisville, KY. In the same period over 318 listings were sold below the listed price and 199 listings were sold for the listed price. Between March 2024 and April 2024, Louisville, KY real estate market has seen increase in the number of listings by 3.6%. In April 2024, listings were on the market for 18 days. During the same period, the median list price in this real estate market was $245,988.

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

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