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3487 Madison 6041

Elkins, AR 72727

4 bd 3 ba 2,796 sqft Built 1992 Lot 377,230 sqft single_family
Most recent sale
$255,000
May 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 10, 2022 Sold $255,000 MLS #1209101
Mar 22, 2022 Price changed $275,000 MLS #1209101
Feb 7, 2022 Listed $295,000 MLS #1209101
May 15, 2015 Listing removed $199,900 ArkansasONE
Mar 18, 2015 Listed $199,900 MLS #729092

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $750 $750 $32
2024 $750 $750 $29
2023 $600 $600 $27
2022 $600 $600 $27
2021 $21,150 $1,150 $22,300 $679
2020 $21,150 $1,150 $22,300 $631
2019 $21,150 $1,150 $22,300 $631
2018 $21,150 $1,150 $22,300 $569
2017 $21,150 $1,150 $22,300 $569
2016 $21,150 $1,150 $22,300 $569
2015 $14,940 $1,480 $16,420 $320
2014 $14,940 $1,690 $16,630 $325
2013 $14,940 $1,690 $16,630 $329
2012 $14,940 $1,690 $16,630 $327
2011 $14,940 $1,690 $16,630 $326
2010 $14,750 $1,620 $16,370 $324
2009 $14,750 $1,530 $16,280 $322
2008 $24,770 $1,000 $25,770 $320
2007 $24,770 $1,000 $25,770 $710
2006 $24,770 $1,000 $25,770 $760

Property facts

Year built
1992
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,796 sqft
Lot size
377,230 sqft
ZIP code
72727
City
Elkins
Street
Madison 6041
Coordinates
35.96022, -93.92333

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,530
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 3487 Madison 6041 last sell?
3487 Madison 6041 most recently sold on May 10, 2022 for $255,000.
What is the current tax assessment for 3487 Madison 6041?
The most recent total assessment for 3487 Madison 6041 (year 2025) is $750 with $32 in property tax.
How does 3487 Madison 6041's assessment compare to its last sale price?
The current assessment is 99.7% below the last sale price of $255,000.
When was 3487 Madison 6041 built?
3487 Madison 6041 was built in 1992.
How does 3487 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 3487 Madison 6041?
3487 Madison 6041 is a 4 bed, 3 bath, 2,796 sqft, 377,230 sqft lot single_family.
Is 3487 Madison 6041 a flip candidate?
No — 3487 Madison 6041 does not appear in our flips dataset.
Is 3487 Madison 6041 a tax-appeal candidate?
No — 3487 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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