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115 Markum Ln; Madison, AL Property Details

115 Markum Ln, Madison, AL is a Single Family that was built in 1994. This property is currently Financed and is not for sale. Our records show that 115 Markum Ln has 4 bedrooms, and 1.5 bathrooms, and a total of 1,783 square feet. The lot size of 115 Markum Ln is 9,365 square feet.

For Rent
115 Markum Ln Madison, AL 35758
$1,950 Listing Price
4 Beds
1.5 Baths
1,783 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1994
  • Purchase Price: $272,000
  • Open Loans: 1
  • Gross Yield: 6.776%
  • APN: 16-03-05-1-004-055.000
  • Situs County: Madison
  • Length Of Ownership: 4 years, 9 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

  • Building Style: Mixed
  • Stories: 1
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Good
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,783/SqFt
  • Lot: 9,365/SqFt
  • Living: 1,783/SqFt
  • Building: 1,783/SqFt
  • Ground: 1,783/SqFt
  • Price Per Square Foot: $152.55

Legal Description

  • Description: LOT 2 BLK 7 COLINWOOD ESTATES PH II & III A RESUB OF LOT 1 BLK 7 OF COLINWOOD ESTATES PH I PB 28 PG 54
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Madison City School District
  • Lat / Lon: 34.723156 / -86.75726
  • Subdivision: Colinwood Estates
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 6815
  • Bathroom Fixtures: 2
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

115 Markum Ln has no associated ownership info
115 Markum Ln has no associated ownership info.

Taxes

115 Markum Ln has 10 associated Taxes items

115 Markum Ln, Madison, AL pays taxes in Madison County, AL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $49,640. The APN we've located for 115 Markum Ln is 16-03-05-1-004-055.000.

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Taxes
  • Assessed Value:  $49,640
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-03-05-1-004-055.000
  • Assessed Land Value:  12000
  • Market Land Value:  60000
  • Tax Amount:  3460.19
  • Tax Year:  2025
  • Market Value:  248200
  • Market Year:  2025

Tax History

115 Markum Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $49,640 Land Value $12,000 Improvement Value $37,640 Tax Amount $3,460.19 Change Rate +0.017993% Assessed CR Tax Rate +0.069706%
Year 2024 Assessed Value $48,760 Land Value $12,000 Improvement Value $36,760 Tax Amount $3,399.03 Change Rate +0.031206% Assessed CR Tax Rate +0.069709%
Year 2023 Assessed Value $47,280 Land Value $12,000 Improvement Value $35,280 Tax Amount $3,296.17 Change Rate +0.213992% Assessed CR Tax Rate +0.069716%
Year 2022 Assessed Value $38,920 Land Value $7,820 Improvement Value $31,100 Tax Amount $2,715.15 Change Rate Assessed CR Tax Rate +0.069762%
Year 2021 Assessed Value $17,380 Land Value $2,700 Improvement Value $14,680 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $15,800 Land Value $1,950 Improvement Value $13,850 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $15,210 Land Value $1,950 Improvement Value $13,260 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $14,460 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $14,340 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $14,340 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $14,340 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $14,160 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate