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2827 Madison 6041

Elkins, AR 72727

3 bd 1 ba 2,022 sqft Built 1984 Lot 229,474 sqft single_family
Most recent sale
$230,000
Dec 10, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 21, 2023 Sold $227,500 ArkansasONE
Mar 6, 2023 Listed $229,000 ArkansasONE
Jan 25, 2023 Price changed $229,000 ArkansasONE
Nov 15, 2022 Price changed $234,999 ArkansasONE
Sep 13, 2022 Price changed $235,000 MLS #1227660
Aug 26, 2022 Listed $240,000 MLS #1227660
Dec 10, 2021 Sold $230,000 Public Record
Dec 7, 2021 Listed $230,000 MLS #1053120
Dec 3, 2021 Sold $230,000 MLS #1201096
Oct 19, 2021 Listed $236,500 MLS #1201096
Aug 27, 2021 Price changed $236,000 MLS #1189053
Aug 16, 2021 Price changed $249,900 MLS #1189053
Jun 25, 2021 Listed $255,500 MLS #1189053

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $34,490 $1,590 $36,080 $330
2024 $34,490 $1,590 $36,080 $1,124
2023 $17,490 $1,290 $18,780 $420
2022 $17,490 $1,290 $18,780 $845
2021 $13,550 $1,300 $14,850 $188
2020 $13,550 $1,300 $14,850 $189
2019 $13,550 $1,300 $14,850 $188
2018 $13,550 $3,020 $16,570 $165
2017 $13,550 $3,020 $16,570 $160
2016 $13,550 $3,020 $16,570 $160
2015 $13,550 $3,020 $16,570 $160
2014 $13,550 $3,020 $16,570 $160
2013 $13,550 $3,020 $16,570 $160
2012 $13,550 $3,020 $16,570 $160
2011 $13,550 $3,020 $16,570 $160
2010 $8,620 $3,060 $11,680 $160

Property facts

Year built
1984
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
2,022 sqft
Lot size
229,474 sqft
ZIP code
72727
City
Elkins
Street
Madison 6041
Coordinates
35.95672, -93.91922

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,380
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2827 Madison 6041 last sell?
2827 Madison 6041 most recently sold on Dec 10, 2021 for $230,000.
What is the current tax assessment for 2827 Madison 6041?
The most recent total assessment for 2827 Madison 6041 (year 2025) is $36,080 with $330 in property tax.
How does 2827 Madison 6041's assessment compare to its last sale price?
The current assessment is 84.3% below the last sale price of $230,000.
When was 2827 Madison 6041 built?
2827 Madison 6041 was built in 1984.
How does 2827 Madison 6041 compare to others on Madison 6041?
We track 8 other properties on Madison 6041. Browse the list under "Other properties on Madison 6041" to compare beds, baths, and sale history.
What are the property facts for 2827 Madison 6041?
2827 Madison 6041 is a 3 bed, 1 bath, 2,022 sqft, 229,474 sqft lot single_family.
Is 2827 Madison 6041 a flip candidate?
No — 2827 Madison 6041 does not appear in our flips dataset.
Is 2827 Madison 6041 a tax-appeal candidate?
No — 2827 Madison 6041 is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.4%
Implied 1-yr
+5.5%
2026 Q3
$299.9K
2026 Q4
$303.7K
ZIP 72727 — Median Price History + Forecast

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