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1601 Madison St

South Bend, IN 46617

4 bd 2 ba 2,192 sqft Built 1925 Lot 7,614 sqft single_family
Most recent sale
$192,500
Mar 27, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 27, 2024 Sold $192,500 IRMLS
Mar 8, 2024 Listed $189,900 IRMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $270,500 $33,100 $303,600 $7,059
2023 $270,500 $33,100 $303,600 $2,670
2022 $168,100 $33,100 $201,200 $2,417
2021 $163,700 $41,900 $205,600 $2,191
2020 $141,800 $36,300 $178,100 $2,169
2018 $131,100 $30,800 $161,900 $1,956
2017 $107,800 $26,000 $133,800 $1,665
2016 $107,800 $26,000 $133,800 $1,696
2015 $106,500 $26,000 $132,500 $1,632
2013 $95,200 $23,200 $118,400 $2,872
2012 $95,200 $23,200 $118,400 $2,718
2011 $98,800 $20,900 $119,700 $2,602
2010 $98,800 $20,900 $119,700 $1,429
2009 $98,800 $20,900 $119,700 $2,118

Property facts

Year built
1925
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,192 sqft
Lot size
7,614 sqft
ZIP code
46617
City
South Bend
Street
Madison St
Coordinates
41.68136, -86.22415

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,155
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1601 Madison St last sell?
1601 Madison St most recently sold on Mar 27, 2024 for $192,500.
What is the current tax assessment for 1601 Madison St?
The most recent total assessment for 1601 Madison St (year 2025) is $303,600 with $7,059 in property tax.
How does 1601 Madison St's assessment compare to its last sale price?
The current assessment is 57.7% above the last sale price of $192,500.
When was 1601 Madison St built?
1601 Madison St was built in 1925.
How does 1601 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 1601 Madison St?
1601 Madison St is a 4 bed, 2 bath, 2,192 sqft, 7,614 sqft lot single_family.
Is 1601 Madison St a flip candidate?
No — 1601 Madison St does not appear in our flips dataset.
Is 1601 Madison St a tax-appeal candidate?
Yes — 1601 Madison St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.4%
Implied 1-yr
+5.6%
2026 Q3
$418.3K
2026 Q4
$423.6K
ZIP 46617 — Median Price History + Forecast

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