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116 Monument Ln; Madison, AL Property Details

116 Monument Ln, Madison, AL is a Single Family that was built in 2002. This property is not for sale. Our records show that 116 Monument Ln has 2 bathrooms, and a total of 2,571 square feet. The lot size of 116 Monument Ln is 16,474 square feet.

Off market
116 Monument Ln Madison, AL 35758
$43,640 Estimated Value
2 Baths
2,571 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2002
  • Open Loans / Balance: 1 / $171,463
  • Est. Equity / %: $270,537 / 61.21%
  • Gross Yield: 6.798%
  • APN: 16-03-05-2-002-065.000
  • Situs County: Madison

Rooms

  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Building Style: Wood
  • 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: 2,571/SqFt
  • Lot: 16,474/SqFt
  • Living: 2,571/SqFt
  • Building: 2,571/SqFt
  • Ground: 2,571/SqFt

Legal Description

  • Description: LOT 6 FRANKLIN STATION
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: 34.72319 / -86.76415
  • Subdivision: Franklin Station
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 6290
  • Bathroom Fixtures: 16
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One: $300
  • H O A Amount: $300
  • H O A One Frequency: Annual
  • H O A One Name: Franklin Station
  • H O A One Type: Home Owner Association

Ownership Info

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

Taxes

116 Monument Ln has 10 associated Taxes items

116 Monument 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 $43,640. The APN we've located for 116 Monument Ln is 16-03-05-2-002-065.000.

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Taxes
  • Assessed Value:  $43,640
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-03-05-2-002-065.000
  • Assessed Land Value:  7000
  • Market Land Value:  70000
  • Tax Amount:  2994.98
  • Tax Year:  2025
  • Market Value:  436300
  • Market Year:  2025

Tax History

116 Monument Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $43,640 Land Value $7,000 Improvement Value $36,640 Tax Amount $2,994.98 Change Rate +0.020363% Assessed CR Tax Rate +0.068629%
Year 2024 Assessed Value $42,780 Land Value $7,000 Improvement Value $35,780 Tax Amount $2,935.21 Change Rate +0.035808% Assessed CR Tax Rate +0.068612%
Year 2023 Assessed Value $41,320 Land Value $7,000 Improvement Value $34,320 Tax Amount $2,833.74 Change Rate +0.322379% Assessed CR Tax Rate +0.06858%
Year 2022 Assessed Value $31,380 Land Value $4,260 Improvement Value $27,120 Tax Amount $2,142.91 Change Rate +0.103819% Assessed CR Tax Rate +0.068289%
Year 2021 Assessed Value $28,480 Land Value $4,260 Improvement Value $24,220 Tax Amount $1,941.36 Change Rate +0.165184% Assessed CR Tax Rate +0.068166%
Year 2020 Assessed Value $24,510 Land Value $4,250 Improvement Value $20,260 Tax Amount $1,666.14 Change Rate +0.259889% Assessed CR Tax Rate +0.067978%
Year 2019 Assessed Value $23,650 Land Value $4,250 Improvement Value $19,400 Tax Amount $1,322.45 Change Rate +0.058934% Assessed CR Tax Rate +0.055918%
Year 2018 Assessed Value $22,380 Land Value Improvement Value Tax Amount $1,248.85 Change Rate +0.007421% Assessed CR Tax Rate +0.055802%
Year 2017 Assessed Value $22,220 Land Value Improvement Value Tax Amount $1,239.65 Change Rate Assessed CR Tax Rate +0.05579%
Year 2016 Assessed Value $22,220 Land Value Improvement Value Tax Amount $1,239.65 Change Rate Assessed CR Tax Rate +0.05579%
Year 2015 Assessed Value $22,220 Land Value Improvement Value Tax Amount $1,239.65 Change Rate -0.026466% Assessed CR Tax Rate +0.05579%
Year 2014 Assessed Value $22,980 Land Value Improvement Value Tax Amount $1,273.35 Change Rate Assessed CR Tax Rate +0.055411%