Large Location Icon

198 Thomas Dr; Madison, AL Property Details

198 Thomas Dr, Madison, AL is a Single Family that was built in 1973. This property is currently Financed and is not for sale. Our records show that 198 Thomas Dr has 7 bedrooms, and 1 bathroom, and a total of 1,798 square feet. The lot size of 198 Thomas Dr is 22,869 square feet.

Off market
198 Thomas Dr Madison, AL 35758
$190,000 Listing Price
7 Beds
1 Baths
1,798 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1973
  • Purchase Price: $257,000
  • Open Loans / Balance: 2 / $193,507
  • Est. Equity / %: $582,493 / 75.06%
  • Gross Yield: 2.511%
  • APN: 15-08-33-1-003-045.000
  • Situs County: Madison
  • Length Of Ownership: 9 years, 4 months

Rooms

  • Bedrooms: 7
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Building Style: Wood
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Good
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,798/SqFt
  • Lot: 22,869/SqFt
  • Garage: 780/SqFt
  • Living: 1,798/SqFt
  • Building: 1,798/SqFt
  • Ground: 1,798/SqFt
  • Garage Unfinished: 780/SqFt
  • Price Per Square Foot: $142.94

Legal Description

  • Description: LOT 12 CHAMPLON S/D PB 6 PG 11
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: 34.736263 / -86.73699
  • Subdivision: Champlon S/D
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 8622
  • Bathroom Fixtures: 3
  • Cooling: Yes
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 3

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

198 Thomas Dr has no associated ownership info
198 Thomas Dr has no associated ownership info.

Taxes

198 Thomas Dr has 10 associated Taxes items

198 Thomas Dr, 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 $22,480. The APN we've located for 198 Thomas Dr is 15-08-33-1-003-045.000.

Unlock the full report
Taxes
  • Assessed Value:  $22,480
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  15-08-33-1-003-045.000
  • Assessed Land Value:  2960
  • Market Land Value:  29600
  • Tax Amount:  1524.36
  • Tax Year:  2025
  • Market Value:  224800
  • Market Year:  2025

Tax History

198 Thomas Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $22,480 Land Value $2,960 Improvement Value $19,520 Tax Amount $1,524.36 Change Rate +0.021422% Assessed CR Tax Rate +0.06781%
Year 2024 Assessed Value $22,020 Land Value $2,960 Improvement Value $19,060 Tax Amount $1,492.39 Change Rate +0.036692% Assessed CR Tax Rate +0.067774%
Year 2023 Assessed Value $21,260 Land Value $2,960 Improvement Value $18,300 Tax Amount $1,439.57 Change Rate +0.131053% Assessed CR Tax Rate +0.067713%
Year 2022 Assessed Value $18,860 Land Value $2,960 Improvement Value $15,900 Tax Amount $1,272.77 Change Rate +0.102328% Assessed CR Tax Rate +0.067485%
Year 2021 Assessed Value $17,160 Land Value $2,960 Improvement Value $14,200 Tax Amount $1,154.62 Change Rate +0.050591% Assessed CR Tax Rate +0.067286%
Year 2020 Assessed Value $16,360 Land Value $2,960 Improvement Value $13,400 Tax Amount $1,099.02 Change Rate +0.262516% Assessed CR Tax Rate +0.067177%
Year 2019 Assessed Value $15,790 Land Value $2,960 Improvement Value $12,830 Tax Amount $870.5 Change Rate +0.057266% Assessed CR Tax Rate +0.05513%
Year 2018 Assessed Value $14,980 Land Value Improvement Value Tax Amount $823.35 Change Rate Assessed CR Tax Rate +0.054963%
Year 2017 Assessed Value $14,860 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $14,860 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $14,860 Land Value Improvement Value Tax Amount $745.86 Change Rate -0.064459% Assessed CR Tax Rate +0.050192%
Year 2014 Assessed Value $14,700 Land Value Improvement Value Tax Amount $797.25 Change Rate Assessed CR Tax Rate +0.054235%