507 Madison St
Darlington, IN 47940
2 bd 2 ba 1,232 sqft Built 1966 Lot 16,988 sqft single_family
Most recent sale
$175,000
Apr 3, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 3, 2024 | Sold | $175,000 | IRMLS |
| Feb 23, 2024 | Listed | $175,000 | IRMLS |
| May 10, 2011 | Sold | $87,500 | Public Record |
| Jan 20, 2011 | Listing removed | $75,000 | LafayetteIN |
| Jan 14, 2011 | Listing removed | $60,750 | MIBOR |
| Jan 12, 2011 | Price changed | $60,750 | MIBOR |
| Oct 24, 2010 | Listed | $75,000 | LafayetteIN |
| Oct 20, 2010 | Listed | $75,000 | MIBOR |
| May 30, 2007 | Sold | $92,570 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $127,100 | $23,600 | $150,700 | $770 |
| 2024 | $127,100 | $23,600 | $150,700 | $674 |
| 2023 | $115,300 | $18,000 | $133,300 | $738 |
| 2022 | $95,900 | $18,000 | $113,900 | $224 |
| 2021 | $88,800 | $18,000 | $106,800 | $219 |
| 2020 | $80,300 | $18,000 | $98,300 | $213 |
| 2019 | $80,300 | $18,200 | $98,500 | $209 |
| 2018 | $82,200 | $16,400 | $98,600 | $207 |
| 2017 | $75,300 | $16,400 | $91,700 | $199 |
| 2016 | $77,400 | $16,400 | $93,800 | $198 |
| 2015 | $75,000 | $16,400 | $91,400 | $1,745 |
| 2014 | $77,000 | $16,400 | $93,400 | $1,743 |
| 2012 | $70,000 | $16,400 | $86,400 | $1,712 |
| 2011 | $73,800 | $16,300 | $90,100 | $1,718 |
| 2010 | $73,800 | $16,400 | $90,200 | $95 |
| 2009 | $73,100 | $16,400 | $89,500 | $26 |
| 2008 | $94,000 | $16,800 | $110,800 | $231 |
Property facts
Year built
1966
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,232 sqft
Lot size
16,988 sqft
ZIP code
47940
City
Darlington
Street
Madison St
Coordinates
40.10479, -86.77407
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,848
Gross rental yield
12.67%
Implied cap rate
8.24%
Trend-extrapolated value
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Frequently asked questions
When did 507 Madison St last sell?
507 Madison St most recently sold on Apr 3, 2024 for $175,000.
What is the current tax assessment for 507 Madison St?
The most recent total assessment for 507 Madison St (year 2025) is $150,700 with $770 in property tax.
How does 507 Madison St's assessment compare to its last sale price?
The current assessment is 13.9% below the last sale price of $175,000.
When was 507 Madison St built?
507 Madison St was built in 1966.
How does 507 Madison St compare to others on Madison St?
We track 8 other properties on Madison St. Browse the list under "Other properties on Madison St" to compare beds, baths, and sale history.
What are the property facts for 507 Madison St?
507 Madison St is a 2 bed, 2 bath, 1,232 sqft, 16,988 sqft lot single_family.
Is 507 Madison St a flip candidate?
No — 507 Madison St does not appear in our flips dataset.
Is 507 Madison St a tax-appeal candidate?
No — 507 Madison St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+6.5%
Implied 1-yr
+26.0%
2025 Q4
$241.2K
2026 Q1
$252.2K
ZIP 47940 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Madison St