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185 Freedom Way; Madison, AL Property Details

185 Freedom Way, Madison, AL is a Single Family that was built in 2002. This property is currently a cash purchase and is not for sale. Our records show that 185 Freedom Way has 1.5 bathrooms, and a total of 2,622 square feet. The lot size of 185 Freedom Way is 16,771 square feet.

Off market
185 Freedom Way Madison, AL 35758
$43,500 Listing Price
1.5 Baths
2,622 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2002
  • Purchase Price: $43,500
  • Open Loans / Balance: 1 / $211,831
  • Est. Equity / %: $186,169 / 46.78%
  • Gross Yield: 7.878%
  • APN: 15-09-31-1-003-031.000
  • Situs County: Madison
  • Length Of Ownership: 9 years, 5 months

Rooms

  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 2,622/SqFt
  • Lot: 16,771/SqFt
  • Living: 2,622/SqFt
  • Building: 2,622/SqFt
  • Ground: 2,622/SqFt
  • Price Per Square Foot: $16.59

Legal Description

  • Description: LOT 32 LEXINGTON 4TH ADD A RESUB OF TRACT #1 LEXINGTON 3RD ADD & A R/S OF TRACT #1 LEXINGTON S/D PH II A R/S OF TR 4 OF LEXIN
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: 34.742233 / -86.773186
  • Subdivision: Lexington S/D Ph Ii
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 6226
  • Bathroom Fixtures: 10
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

185 Freedom Way has no associated ownership info
185 Freedom Way has no associated ownership info.

Taxes

185 Freedom Way has 10 associated Taxes items

185 Freedom Way, 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 $43,080. The APN we've located for 185 Freedom Way is 15-09-31-1-003-031.000.

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Taxes
  • Assessed Value:  $43,080
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  15-09-31-1-003-031.000
  • Assessed Land Value:  7500
  • Market Land Value:  75000
  • Tax Amount:  2956.06
  • Tax Year:  2025
  • Market Value:  430700
  • Market Year:  2025

Tax History

185 Freedom Way has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value Land Value Improvement Value Tax Amount $3,014.44 Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $43,080 Land Value $7,500 Improvement Value $35,580 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $41,740 Land Value $7,000 Improvement Value $34,740 Tax Amount $2,862.93 Change Rate +0.035182% Assessed CR Tax Rate +0.06859%
Year 2023 Assessed Value $40,340 Land Value $7,000 Improvement Value $33,340 Tax Amount $2,765.63 Change Rate +0.135223% Assessed CR Tax Rate +0.068558%
Year 2022 Assessed Value $35,600 Land Value $5,520 Improvement Value $30,080 Tax Amount $2,436.2 Change Rate +0.139823% Assessed CR Tax Rate +0.068433%
Year 2021 Assessed Value $31,300 Land Value $3,460 Improvement Value $27,840 Tax Amount $2,137.35 Change Rate +0.053437% Assessed CR Tax Rate +0.068286%
Year 2020 Assessed Value $29,730 Land Value $3,450 Improvement Value $26,280 Tax Amount $2,028.93 Change Rate +0.261145% Assessed CR Tax Rate +0.068245%
Year 2019 Assessed Value $28,620 Land Value $3,450 Improvement Value $25,170 Tax Amount $1,608.8 Change Rate +0.060654% Assessed CR Tax Rate +0.056212%
Year 2018 Assessed Value $27,040 Land Value Improvement Value Tax Amount $1,516.8 Change Rate +0.00841% Assessed CR Tax Rate +0.056095%
Year 2017 Assessed Value $26,820 Land Value Improvement Value Tax Amount $1,504.15 Change Rate Assessed CR Tax Rate +0.056083%
Year 2016 Assessed Value $26,820 Land Value Improvement Value Tax Amount $1,504.15 Change Rate Assessed CR Tax Rate +0.056083%
Year 2015 Assessed Value $26,820 Land Value Improvement Value Tax Amount $1,504.15 Change Rate +0.019244% Assessed CR Tax Rate +0.056083%
Year 2014 Assessed Value $26,500 Land Value Improvement Value Tax Amount $1,475.75 Change Rate Assessed CR Tax Rate +0.055689%