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121 Murphy Ln; Madison, AL Property Details

121 Murphy Ln, Madison, AL is a Single Family that was built in 2023. This property is currently Cash Purchase,New Construction and is not for sale. Our records show that 121 Murphy Ln has 3 bedrooms, and 1 bathroom, and a total of 1,676 square feet.

Off market
121 Murphy Ln Madison, AL 35756
$286,965 Listing Price
3 Beds
1 Baths
1,676 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2023
  • Purchase Price: $286,965
  • Est. Equity / %: $304,000 / 100%
  • Gross Yield: 8.155%
  • APN: 25-05-16-0-000-008.018
  • Situs County: Madison
  • Length Of Ownership: 3 years, 2 months

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: Average
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,676/SqFt
  • Living: 1,676/SqFt
  • Building: 1,676/SqFt
  • Price Per Square Foot: $171.22

Legal Description

  • Description: LOT 17 SOUTHERN LANDING S/D PH 1A PB# 2022-228
Building Insights

Land Information

  • Property Type: Single Family
  • School District: Madison County School District
  • Lat / Lon: 34.6 / -86.75306
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 8131
  • Cooling: Yes
  • Garage: Garage
  • Heating: Forced air unit

Ownership Info

121 Murphy Ln has no associated ownership info
121 Murphy Ln has no associated ownership info.

Taxes

121 Murphy Ln has 8 associated Taxes items

121 Murphy 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 $29,420. The APN we've located for 121 Murphy Ln is 25-05-16-0-000-008.018.

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Taxes
  • Assessed Value:  $29,420
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  25-05-16-0-000-008.018
  • Assessed Land Value:  5500
  • Market Land Value:  55000
  • Market Value:  294100
  • Market Year:  2025

Tax History

121 Murphy Ln has 3 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $29,420 Land Value $5,500 Improvement Value $23,920 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $29,420 Land Value $5,500 Improvement Value $23,920 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $8,260 Land Value $8,260 Improvement Value Tax Amount $507.99 Change Rate Assessed CR Tax Rate +0.0615%