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151 Murphy Ln; Madison, AL Property Details

151 Murphy Ln, Madison, AL is a Single Family that was built in 2023. This property is currently a cash purchase and is not for sale. Our records show that 151 Murphy Ln has 4 bedrooms, and 1 bathroom, and a total of 1,830 square feet.

For Rent
151 Murphy Ln Madison, AL 35756
$1,895 Listing Price
4 Beds
1 Baths
1,830 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 2023
  • Purchase Price: $300,000
  • Est. Equity / %: $307,000 / 100%
  • Gross Yield: 7.317%
  • APN: 25-05-16-0-000-008.012
  • Situs County: Madison
  • Length Of Ownership: 2 years

Rooms

  • Bedrooms: 4
  • 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: 1,830/SqFt
  • Living: 1,830/SqFt
  • Building: 1,830/SqFt
  • Price Per Square Foot: $163.93

Legal Description

  • Description: LOT 11 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: 34.59999 / -86.75177
  • Subdivision: Southern Landing Subdivision Phase 1a
  • Property Class: Residential
  • County Use Code: 111

Amenities

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

Ownership Info

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

Taxes

151 Murphy Ln has 10 associated Taxes items

151 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 $61,580. The APN we've located for 151 Murphy Ln is 25-05-16-0-000-008.012.

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Taxes
  • Assessed Value:  $61,580
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  25-05-16-0-000-008.012
  • Assessed Land Value:  11000
  • Market Land Value:  55000
  • Tax Amount:  3787.17
  • Tax Year:  2025
  • Market Value:  307900
  • Market Year:  2025

Tax History

151 Murphy Ln has 3 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $61,580 Land Value $11,000 Improvement Value $50,580 Tax Amount $3,787.17 Change Rate +1.051332% Assessed CR Tax Rate +0.0615%
Year 2024 Assessed Value $30,800 Land Value $5,500 Improvement Value $25,300 Tax Amount $1,846.2 Change Rate +2.634324% Assessed CR Tax Rate +0.059942%
Year 2023 Assessed Value $8,260 Land Value $8,260 Improvement Value Tax Amount $507.99 Change Rate Assessed CR Tax Rate +0.0615%