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116 Bibb Dr; Madison, AL Property Details

116 Bibb Dr, Madison, AL is a Single Family that was built in 1987. This property is currently a cash purchase and is not for sale. Our records show that 116 Bibb Dr has 3 bedrooms, and 1 bathroom, and a total of 1,613 square feet. The lot size of 116 Bibb Dr is 10,454 square feet.

For Rent
116 Bibb Dr Madison, AL 35758
$1,885 Listing Price
3 Beds
1 Baths
1,613 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1987
  • Purchase Price: $275,101
  • Est. Equity / %: $319,000 / 100%
  • Gross Yield: 7.512%
  • APN: 16-03-08-0-002-068.000
  • Situs County: Madison
  • Length Of Ownership: 5 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

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

Measurements

  • Total: 1,613/SqFt
  • Lot: 10,454/SqFt
  • Living: 1,613/SqFt
  • Building: 1,613/SqFt
  • Ground: 1,613/SqFt
  • Price Per Square Foot: $170.55

Legal Description

  • Description: LOT 17 BLK 1 GOVERNORS ESTS S/D RE S/D OF PART OF LOT 1 NATHAN SMITH ESTS PB 16 PG 7
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: 34.70183 / -86.75798
  • Subdivision: Governors Estates Resub
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 1064
  • Bathroom Fixtures: 3
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

116 Bibb Dr has no associated ownership info
116 Bibb Dr has no associated ownership info.

Taxes

116 Bibb Dr has 10 associated Taxes items

116 Bibb Dr, 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 $58,140. The APN we've located for 116 Bibb Dr is 16-03-08-0-002-068.000.

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Taxes
  • Assessed Value:  $58,140
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-03-08-0-002-068.000
  • Assessed Land Value:  10000
  • Market Land Value:  50000
  • Tax Amount:  4050.91
  • Tax Year:  2025
  • Market Value:  290700
  • Market Year:  2025

Tax History

116 Bibb Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $58,140 Land Value $10,000 Improvement Value $48,140 Tax Amount $4,050.91 Change Rate +0.02257% Assessed CR Tax Rate +0.069675%
Year 2024 Assessed Value $57,000 Land Value $10,000 Improvement Value $47,000 Tax Amount $3,961.5 Change Rate +0.034483% Assessed CR Tax Rate +0.0695%
Year 2023 Assessed Value $55,100 Land Value $10,000 Improvement Value $45,100 Tax Amount $3,829.45 Change Rate +0.187334% Assessed CR Tax Rate +0.0695%
Year 2022 Assessed Value $46,260 Land Value $3,000 Improvement Value $43,260 Tax Amount $3,225.25 Change Rate +1.968449% Assessed CR Tax Rate +0.06972%
Year 2021 Assessed Value $16,180 Land Value $1,500 Improvement Value $14,680 Tax Amount $1,086.51 Change Rate +0.10457% Assessed CR Tax Rate +0.067151%
Year 2020 Assessed Value $14,680 Land Value $830 Improvement Value $13,850 Tax Amount $983.65 Change Rate +0.272921% Assessed CR Tax Rate +0.067006%
Year 2019 Assessed Value $14,090 Land Value $830 Improvement Value $13,260 Tax Amount $772.75 Change Rate +0.059941% Assessed CR Tax Rate +0.054844%
Year 2018 Assessed Value $13,340 Land Value Improvement Value Tax Amount $729.05 Change Rate +0.009555% Assessed CR Tax Rate +0.054651%
Year 2017 Assessed Value $13,220 Land Value Improvement Value Tax Amount $722.15 Change Rate Assessed CR Tax Rate +0.054626%
Year 2016 Assessed Value $13,220 Land Value Improvement Value Tax Amount $722.15 Change Rate Assessed CR Tax Rate +0.054626%
Year 2015 Assessed Value $13,220 Land Value Improvement Value Tax Amount $722.15 Change Rate +0.028997% Assessed CR Tax Rate +0.054626%
Year 2014 Assessed Value $13,040 Land Value Improvement Value Tax Amount $701.8 Change Rate Assessed CR Tax Rate +0.053819%