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116 Chad Ln; Madison, AL Property Details

116 Chad Ln, Madison, AL is a Single Family that was built in 1990. This property is currently Financed and is not for sale. Our records show that 116 Chad Ln has 1 bathroom, and a total of 2,169 square feet. The lot size of 116 Chad Ln is 18,687 square feet.

Off market
116 Chad Ln Madison, AL 35758
$28,420 Estimated Value
1 Baths
2,169 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1990
  • Purchase Price: $53,000
  • Open Loans / Balance: 1 / $79,415
  • Est. Equity / %: $270,585 / 77.31%
  • Gross Yield: 7.656%
  • APN: 16-02-03-4-002-048.000
  • Situs County: Madison
  • Length Of Ownership: 20 years, 5 months

Rooms

  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

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

Measurements

  • Total: 2,169/SqFt
  • Lot: 18,687/SqFt
  • Living: 2,169/SqFt
  • Building: 2,169/SqFt
  • Ground: 2,169/SqFt
  • Price Per Square Foot: $24.44

Legal Description

  • Description: LOT 12 BLK 6 CHADRICK 3RD ADD PB 21 PG 67
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: 34.714867 / -86.716965
  • Subdivision: Chadrick 3rd Add
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 1370
  • Bathroom Fixtures: 3
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

116 Chad Ln has no associated ownership info
116 Chad Ln has no associated ownership info.

Taxes

116 Chad Ln has 10 associated Taxes items

116 Chad 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 $28,420. The APN we've located for 116 Chad Ln is 16-02-03-4-002-048.000.

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Taxes
  • Assessed Value:  $28,420
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-02-03-4-002-048.000
  • Assessed Land Value:  3240
  • Market Land Value:  32400
  • Tax Amount:  1778.46
  • Tax Year:  2025
  • Market Value:  284200
  • Market Year:  2025

Tax History

116 Chad Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $28,420 Land Value $3,240 Improvement Value $25,180 Tax Amount $1,778.46 Change Rate +0.068106% Assessed CR Tax Rate +0.062578%
Year 2024 Assessed Value $26,620 Land Value $3,240 Improvement Value $23,380 Tax Amount $1,665.06 Change Rate Assessed CR Tax Rate +0.062549%
Year 2023 Assessed Value $26,620 Land Value $3,240 Improvement Value $23,380 Tax Amount $1,665.06 Change Rate +0.043761% Assessed CR Tax Rate +0.062549%
Year 2022 Assessed Value $23,500 Land Value $3,240 Improvement Value $20,260 Tax Amount $1,595.25 Change Rate +0.137806% Assessed CR Tax Rate +0.067883%
Year 2021 Assessed Value $20,720 Land Value $1,940 Improvement Value $18,780 Tax Amount $1,402.04 Change Rate +0.010013% Assessed CR Tax Rate +0.067666%
Year 2020 Assessed Value $20,500 Land Value $1,730 Improvement Value $18,770 Tax Amount $1,388.14 Change Rate +0.215641% Assessed CR Tax Rate +0.067714%
Year 2019 Assessed Value $20,500 Land Value $1,730 Improvement Value $18,770 Tax Amount $1,141.9 Change Rate +0.005061% Assessed CR Tax Rate +0.055702%
Year 2018 Assessed Value $20,420 Land Value Improvement Value Tax Amount $1,136.15 Change Rate Assessed CR Tax Rate +0.055639%
Year 2017 Assessed Value $20,420 Land Value Improvement Value Tax Amount $1,136.15 Change Rate Assessed CR Tax Rate +0.055639%
Year 2016 Assessed Value $20,420 Land Value Improvement Value Tax Amount $1,136.15 Change Rate Assessed CR Tax Rate +0.055639%
Year 2015 Assessed Value $20,420 Land Value Improvement Value Tax Amount $1,136.15 Change Rate +0.059743% Assessed CR Tax Rate +0.055639%
Year 2014 Assessed Value $19,480 Land Value Improvement Value Tax Amount $1,072.1 Change Rate Assessed CR Tax Rate +0.055036%