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131 Frankie Ln; Madison, AL Property Details

131 Frankie Ln, Madison, AL is a Single Family that was built in 1990. This property is currently Financed and is not for sale. Our records show that 131 Frankie Ln has 3 bedrooms, and 1.5 bathrooms, and a total of 1,176 square feet. The lot size of 131 Frankie Ln is 17,424 square feet.

Off market
131 Frankie Ln Madison, AL 35757
$137,900 Listing Price
3 Beds
1.5 Baths
1,176 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1990
  • Purchase Price: $137,900
  • Open Loans / Balance: 2 / $113,597
  • Est. Equity / %: $159,403 / 58.39%
  • Gross Yield: 8.057%
  • APN: 15-04-19-2-002-026.000
  • Situs County: Madison
  • Length Of Ownership: 9 years, 6 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

  • 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: 1,176/SqFt
  • Lot: 17,424/SqFt
  • Living: 1,176/SqFt
  • Building: 1,176/SqFt
  • Ground: 1,176/SqFt
  • Price Per Square Foot: $117.26

Legal Description

  • Description: SEC 19 T3S R2W PT OF THE NW1/4 OF SEC 19 DESC AS BEG N 89 DEG E 701.75 FT S 2661.88 FT N 89 DEG E 348.98 FT & N 480 FT FR THE
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: 34.767017 / -86.782616
  • Subdivision: Timberland Trace Ph 02
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 6922
  • Bathroom Fixtures: 5
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

131 Frankie Ln has no associated ownership info
131 Frankie Ln has no associated ownership info.

Taxes

131 Frankie Ln has 10 associated Taxes items

131 Frankie 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 $21,900. The APN we've located for 131 Frankie Ln is 15-04-19-2-002-026.000.

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Taxes
  • Assessed Value:  $21,900
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  15-04-19-2-002-026.000
  • Assessed Land Value:  2260
  • Market Land Value:  22500
  • Tax Amount:  744.57
  • Tax Year:  2025
  • Market Value:  218800
  • Market Year:  2025

Tax History

131 Frankie Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value Land Value Improvement Value Tax Amount $762.82 Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $21,900 Land Value $2,260 Improvement Value $19,640 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $21,220 Land Value $2,260 Improvement Value $18,960 Tax Amount $719.75 Change Rate +0.036805% Assessed CR Tax Rate +0.033918%
Year 2023 Assessed Value $20,520 Land Value $2,260 Improvement Value $18,260 Tax Amount $694.2 Change Rate +0.12545% Assessed CR Tax Rate +0.03383%
Year 2022 Assessed Value $18,400 Land Value $2,260 Improvement Value $16,140 Tax Amount $616.82 Change Rate +0.07098% Assessed CR Tax Rate +0.033523%
Year 2021 Assessed Value $17,280 Land Value $2,260 Improvement Value $15,020 Tax Amount $575.94 Change Rate +0.06911% Assessed CR Tax Rate +0.03333%
Year 2020 Assessed Value $16,250 Land Value $2,250 Improvement Value $14,000 Tax Amount $538.71 Change Rate +0.04385% Assessed CR Tax Rate +0.033151%
Year 2019 Assessed Value $15,620 Land Value $2,250 Improvement Value $13,370 Tax Amount $516.08 Change Rate +0.077749% Assessed CR Tax Rate +0.03304%
Year 2018 Assessed Value $14,620 Land Value Improvement Value Tax Amount $478.85 Change Rate -0.545265% Assessed CR Tax Rate +0.032753%
Year 2017 Assessed Value $29,220 Land Value Improvement Value Tax Amount $1,053.03 Change Rate Assessed CR Tax Rate +0.036038%
Year 2016 Assessed Value $29,220 Land Value Improvement Value Tax Amount $1,053.03 Change Rate Assessed CR Tax Rate +0.036038%
Year 2015 Assessed Value $29,220 Land Value Improvement Value Tax Amount $1,053.03 Change Rate -0.006885% Assessed CR Tax Rate +0.036038%
Year 2014 Assessed Value $29,420 Land Value Improvement Value Tax Amount $1,060.33 Change Rate Assessed CR Tax Rate +0.036041%