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124 Lewis Ln; Madison, AL Property Details

124 Lewis Ln, Madison, AL is a Single Family that was built in 1987. This property is currently a cash purchase and is not for sale. Our records show that 124 Lewis Ln has 3 bedrooms, and 1 bathroom, and a total of 1,248 square feet. The lot size of 124 Lewis Ln is 13,416 square feet.

For Rent
124 Lewis Ln Madison, AL 35758
$1,600 Listing Price
3 Beds
1 Baths
1,248 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1987
  • Purchase Price: $123,000
  • Est. Equity / %: $279,000 / 100%
  • Gross Yield: 6.998%
  • APN: 16-05-16-0-003-056.000
  • Situs County: Madison
  • Length Of Ownership: 13 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Other
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Good
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,248/SqFt
  • Lot: 13,416/SqFt
  • Living: 1,248/SqFt
  • Building: 1,248/SqFt
  • Ground: 1,248/SqFt
  • Price Per Square Foot: $98.56

Legal Description

  • Description: LOT 5 BLK 3 HOME PLACE S/D 2ND ADD A RESUB OF PART OF TR 3 B HUGHES ESTS PB 16 PG 8
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: 34.68815 / -86.74938
  • Subdivision: Home Place S/D
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 1883
  • Bathroom Fixtures: 3
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

124 Lewis Ln has no associated ownership info
124 Lewis Ln has no associated ownership info.

Taxes

124 Lewis Ln has 10 associated Taxes items

124 Lewis 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 $36,100. The APN we've located for 124 Lewis Ln is 16-05-16-0-003-056.000.

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Taxes
  • Assessed Value:  $36,100
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-05-16-0-003-056.000
  • Assessed Land Value:  7280
  • Market Land Value:  50000
  • Tax Amount:  2517.23
  • Tax Year:  2025
  • Market Value:  247900
  • Market Year:  2025

Tax History

124 Lewis Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $36,100 Land Value $7,280 Improvement Value $28,820 Tax Amount $2,517.23 Change Rate +0.069701% Assessed CR Tax Rate +0.069729%
Year 2024 Assessed Value $33,740 Land Value $5,120 Improvement Value $28,620 Tax Amount $2,353.21 Change Rate +0.034842% Assessed CR Tax Rate +0.069745%
Year 2023 Assessed Value $32,600 Land Value $5,120 Improvement Value $27,480 Tax Amount $2,273.98 Change Rate +0.12363% Assessed CR Tax Rate +0.069754%
Year 2022 Assessed Value $29,000 Land Value $5,120 Improvement Value $23,880 Tax Amount $2,023.78 Change Rate +0.096389% Assessed CR Tax Rate +0.069786%
Year 2021 Assessed Value $26,440 Land Value $5,120 Improvement Value $21,320 Tax Amount $1,845.86 Change Rate +0.138942% Assessed CR Tax Rate +0.069813%
Year 2020 Assessed Value $23,200 Land Value $3,080 Improvement Value $20,120 Tax Amount $1,620.68 Change Rate +0.252477% Assessed CR Tax Rate +0.069857%
Year 2019 Assessed Value $22,360 Land Value $3,080 Improvement Value $19,280 Tax Amount $1,293.98 Change Rate +0.055337% Assessed CR Tax Rate +0.05787%
Year 2018 Assessed Value $21,180 Land Value Improvement Value Tax Amount $1,226.13 Change Rate +0.008513% Assessed CR Tax Rate +0.057891%
Year 2017 Assessed Value $21,000 Land Value Improvement Value Tax Amount $1,215.78 Change Rate Assessed CR Tax Rate +0.057894%
Year 2016 Assessed Value $21,000 Land Value Improvement Value Tax Amount $1,215.78 Change Rate Assessed CR Tax Rate +0.057894%
Year 2015 Assessed Value $21,000 Land Value Improvement Value Tax Amount $1,215.78 Change Rate +0.018497% Assessed CR Tax Rate +0.057894%
Year 2014 Assessed Value $20,760 Land Value Improvement Value Tax Amount $1,193.7 Change Rate Assessed CR Tax Rate +0.0575%