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117 Monument Ln; Madison, AL Property Details

117 Monument Ln, Madison, AL is a Single Family that was built in 2003. This property is currently a cash purchase and is not for sale. Our records show that 117 Monument Ln has 4 bedrooms, and 1 bathroom, and a total of 2,226 square feet. The lot size of 117 Monument Ln is 12,496 square feet.

Off market
117 Monument Ln Madison, AL 35758
$225,000 Listing Price
4 Beds
1 Baths
2,226 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2003
  • Purchase Price: $225,000
  • Open Loans / Balance: 1 / $104,162
  • Est. Equity / %: $341,838 / 76.65%
  • Gross Yield: 6.003%
  • APN: 16-03-05-2-002-049.000
  • Situs County: Madison
  • Length Of Ownership: 11 years

Rooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Building Style: Wood
  • Floor Cover Type: Carpet
  • 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: 2,226/SqFt
  • Lot: 12,496/SqFt
  • Living: 2,226/SqFt
  • Building: 2,226/SqFt
  • Ground: 2,226/SqFt
  • Price Per Square Foot: $101.08

Legal Description

  • Description: LOT 1 FRANKLIN STATION PH III A RESUB OF TRACT 2 OF FRANKLIN STATION PB 42 PG 79 & PB 43 PG 99
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: 34.723648 / -86.763855
  • Subdivision: Franklin Station
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 6289
  • Bathroom Fixtures: 8
  • 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 Type: Planned Unit Development

Ownership Info

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

Taxes

117 Monument Ln has 8 associated Taxes items

117 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 $39,240. The APN we've located for 117 Monument Ln is 16-03-05-2-002-049.000.

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Taxes
  • Assessed Value:  $39,240
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-03-05-2-002-049.000
  • Assessed Land Value:  7000
  • Market Land Value:  70000
  • Market Value:  392400
  • Market Year:  2025

Tax History

117 Monument Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $39,240 Land Value $7,000 Improvement Value $32,240 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $38,480 Land Value $7,000 Improvement Value $31,480 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $37,220 Land Value $7,000 Improvement Value $30,220 Tax Amount Change Rate Assessed CR Tax Rate
Year 2022 Assessed Value $28,140 Land Value $4,260 Improvement Value $23,880 Tax Amount Change Rate Assessed CR Tax Rate
Year 2021 Assessed Value $25,580 Land Value $4,260 Improvement Value $21,320 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $22,080 Land Value $4,250 Improvement Value $17,830 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $21,330 Land Value $4,250 Improvement Value $17,080 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $20,180 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $20,020 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $20,020 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $20,020 Land Value Improvement Value Tax Amount $1,113.15 Change Rate -0.024494% Assessed CR Tax Rate +0.055602%
Year 2014 Assessed Value $20,680 Land Value Improvement Value Tax Amount $1,141.1 Change Rate Assessed CR Tax Rate +0.055179%