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123 Adalene Ln; Madison, AL Property Details

123 Adalene Ln, Madison, AL is a Single Family that was built in 2002. This property is currently Financed and is not for sale. Our records show that 123 Adalene Ln has 3 bedrooms, and 1 bathroom, and a total of 2,017 square feet. The lot size of 123 Adalene Ln is 18,513 square feet.

Off market
123 Adalene Ln Madison, AL 35757
$365,000 Listing Price
3 Beds
1 Baths
2,017 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2002
  • Purchase Price: $365,000
  • Open Loans / Balance: 1 / $206,522
  • Est. Equity / %: $162,478 / 44.03%
  • Gross Yield: 7.428%
  • APN: 15-02-03-0-002-030.025
  • Situs County: Madison
  • Length Of Ownership: 3 years, 6 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: Good
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Asphalt

Measurements

  • Total: 2,017/SqFt
  • Lot: 18,513/SqFt
  • Living: 2,017/SqFt
  • Building: 2,017/SqFt
  • Ground: 2,017/SqFt
  • Price Per Square Foot: $180.96

Legal Description

  • Description: LOT 24 SILVER SPRINGS S/D PB 43 PG 1
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Madison County School District
  • Lat / Lon: 34.806973 / -86.72951
  • Subdivision: Silver Springs S/D
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 8423
  • Bathroom Fixtures: 8
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

123 Adalene Ln has no associated ownership info
123 Adalene Ln has no associated ownership info.

Taxes

123 Adalene Ln has 8 associated Taxes items

123 Adalene 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 $31,020. The APN we've located for 123 Adalene Ln is 15-02-03-0-002-030.025.

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Taxes
  • Assessed Value:  $31,020
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  15-02-03-0-002-030.025
  • Assessed Land Value:  5500
  • Market Land Value:  55000
  • Market Value:  310200
  • Market Year:  2025

Tax History

123 Adalene Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $31,020 Land Value $5,500 Improvement Value $25,520 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $29,540 Land Value $5,500 Improvement Value $24,040 Tax Amount $847.7 Change Rate -0.58554% Assessed CR Tax Rate +0.028697%
Year 2023 Assessed Value $56,940 Land Value $11,000 Improvement Value $45,940 Tax Amount $2,045.31 Change Rate +1.605159% Assessed CR Tax Rate +0.03592%
Year 2022 Assessed Value $23,040 Land Value $2,620 Improvement Value $20,420 Tax Amount $785.1 Change Rate Assessed CR Tax Rate +0.034076%
Year 2021 Assessed Value $23,040 Land Value $2,620 Improvement Value $20,420 Tax Amount $785.1 Change Rate +0.249861% Assessed CR Tax Rate +0.034076%
Year 2020 Assessed Value $18,720 Land Value $2,610 Improvement Value $16,110 Tax Amount $628.15 Change Rate +0.051315% Assessed CR Tax Rate +0.033555%
Year 2019 Assessed Value $17,890 Land Value $2,610 Improvement Value $15,280 Tax Amount $597.49 Change Rate +0.062299% Assessed CR Tax Rate +0.033398%
Year 2018 Assessed Value $16,940 Land Value Improvement Value Tax Amount $562.45 Change Rate Assessed CR Tax Rate +0.033202%
Year 2017 Assessed Value $16,940 Land Value Improvement Value Tax Amount $562.45 Change Rate Assessed CR Tax Rate +0.033202%
Year 2016 Assessed Value $16,940 Land Value Improvement Value Tax Amount $562.45 Change Rate Assessed CR Tax Rate +0.033202%
Year 2015 Assessed Value $16,940 Land Value Improvement Value Tax Amount $562.45 Change Rate -0.044638% Assessed CR Tax Rate +0.033202%
Year 2014 Assessed Value $17,660 Land Value Improvement Value Tax Amount $588.73 Change Rate Assessed CR Tax Rate +0.033337%