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324 Honor Way; Madison, AL Property Details

324 Honor Way, Madison, AL is a Single Family that was built in 2001. This property is currently a cash purchase and is not for sale. Our records show that 324 Honor Way has 4 bedrooms, and 2 bathrooms, and a total of 2,233 square feet. The lot size of 324 Honor Way is 33,254 square feet.

Off market
324 Honor Way Madison, AL 35758
$214,000 Listing Price
4 Beds
2 Baths
2,233 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 2001
  • Purchase Price: $214,000
  • Est. Equity / %: $446,000 / 100%
  • Gross Yield: 6.778%
  • APN: 15-09-31-1-003-005.000
  • Situs County: Madison
  • Length Of Ownership: 14 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Building Style: Wood
  • 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: 2,233/SqFt
  • Lot: 33,254/SqFt
  • Living: 2,233/SqFt
  • Building: 2,233/SqFt
  • Ground: 2,233/SqFt
  • Price Per Square Foot: $95.84

Legal Description

  • Description: LOT 58 LEXINGTON 4TH ADD A RESUB OF TRACT #1 LEXINGTON 3RD ADD & A RESUB OF TRACT #1 LEXINGTON S/D PH II A RESUB OF TRACT 4 O
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: 34.74327 / -86.77277
  • Subdivision: Lexington S/D Ph Ii
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 6280
  • Bathroom Fixtures: 12
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One: $375
  • H O A Amount: $375
  • H O A One Frequency: Annual
  • H O A One Type: Planned Unit Development

Ownership Info

324 Honor Way has no associated ownership info
324 Honor Way has no associated ownership info.

Taxes

324 Honor Way has 10 associated Taxes items

324 Honor 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 $40,620. The APN we've located for 324 Honor Way is 15-09-31-1-003-005.000.

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Taxes
  • Assessed Value:  $40,620
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  15-09-31-1-003-005.000
  • Assessed Land Value:  7500
  • Market Land Value:  75000
  • Tax Amount:  2785.09
  • Tax Year:  2025
  • Market Value:  406200
  • Market Year:  2025

Tax History

324 Honor Way has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $40,620 Land Value $7,500 Improvement Value $33,120 Tax Amount $2,785.09 Change Rate +0.032995% Assessed CR Tax Rate +0.068565%
Year 2024 Assessed Value $39,340 Land Value $7,000 Improvement Value $32,340 Tax Amount $2,696.13 Change Rate +0.034673% Assessed CR Tax Rate +0.068534%
Year 2023 Assessed Value $38,040 Land Value $7,000 Improvement Value $31,040 Tax Amount $2,605.78 Change Rate +0.16608% Assessed CR Tax Rate +0.068501%
Year 2022 Assessed Value $32,700 Land Value $5,400 Improvement Value $27,300 Tax Amount $2,234.65 Change Rate +0.230358% Assessed CR Tax Rate +0.068338%
Year 2021 Assessed Value $26,680 Land Value $3,380 Improvement Value $23,300 Tax Amount $1,816.26 Change Rate +0.053197% Assessed CR Tax Rate +0.068076%
Year 2020 Assessed Value $25,360 Land Value $3,380 Improvement Value $21,980 Tax Amount $1,724.52 Change Rate +0.261259% Assessed CR Tax Rate +0.068002%
Year 2019 Assessed Value $24,430 Land Value $3,380 Improvement Value $21,050 Tax Amount $1,367.3 Change Rate +0.05408% Assessed CR Tax Rate +0.055968%
Year 2018 Assessed Value $23,220 Land Value Improvement Value Tax Amount $1,297.15 Change Rate +0.008043% Assessed CR Tax Rate +0.055863%
Year 2017 Assessed Value $23,040 Land Value Improvement Value Tax Amount $1,286.8 Change Rate Assessed CR Tax Rate +0.055851%
Year 2016 Assessed Value $23,040 Land Value Improvement Value Tax Amount $1,286.8 Change Rate Assessed CR Tax Rate +0.055851%
Year 2015 Assessed Value $23,040 Land Value Improvement Value Tax Amount $1,286.8 Change Rate +0.020703% Assessed CR Tax Rate +0.055851%
Year 2014 Assessed Value $22,760 Land Value Improvement Value Tax Amount $1,260.7 Change Rate Assessed CR Tax Rate +0.055391%