Large Location Icon

406 Nance Rd; Madison, AL Property Details

406 Nance Rd, Madison, AL is a Single Family that was built in 1965. This property is currently a cash purchase and is not for sale. Our records show that 406 Nance Rd has 1.5 bathrooms, and a total of 1,740 square feet. The lot size of 406 Nance Rd is 121,968 square feet.

Off market
406 Nance Rd Madison, AL 35757
$32,200 Estimated Value
1.5 Baths
1,740 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Mixed
  • Owner Status: Mixed
  • Year Built: 1965
  • Purchase Price: $264,500
  • Est. Equity / %: $413,000 / 100%
  • Gross Yield: 6.729%
  • APN: 15-05-21-0-000-024.000
  • Situs County: Madison
  • Length Of Ownership: 3 years, 7 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: Good
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,740/SqFt
  • Lot: 121,968/SqFt
  • Garage: 1,600/SqFt
  • Living: 1,740/SqFt
  • Building: 1,740/SqFt
  • Ground: 1,740/SqFt
  • Price Per Square Foot: $152.01

Legal Description

  • Description: SEC 21 T3 R2W BEG S 2179 FT & S 88 DEG W 56 FT FR NE COR OF SEC 21 & BEING ON W/MAR OF NANCE RD TH S 263 FT TH SW'LY 91 FT W
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: 34.76566 / -86.73268
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 7922
  • Bathroom Fixtures: 5
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 6

Ownership Info

406 Nance Rd has no associated ownership info
406 Nance Rd has no associated ownership info.

Taxes

406 Nance Rd has 10 associated Taxes items

406 Nance Rd, 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 $32,200. The APN we've located for 406 Nance Rd is 15-05-21-0-000-024.000.

Unlock the full report
Taxes
  • Assessed Value:  $32,200
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  15-05-21-0-000-024.000
  • Assessed Land Value:  5040
  • Market Land Value:  50400
  • Tax Amount:  928.88
  • Tax Year:  2025
  • Market Value:  321900
  • Market Year:  2025

Tax History

406 Nance Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $32,200 Land Value $5,040 Improvement Value $27,160 Tax Amount $928.88 Change Rate +0.03131% Assessed CR Tax Rate +0.028847%
Year 2024 Assessed Value $31,260 Land Value $5,040 Improvement Value $26,220 Tax Amount $900.68 Change Rate +0.033032% Assessed CR Tax Rate +0.028813%
Year 2023 Assessed Value $30,300 Land Value $5,040 Improvement Value $25,260 Tax Amount $871.88 Change Rate +0.147784% Assessed CR Tax Rate +0.028775%
Year 2022 Assessed Value $26,460 Land Value $4,060 Improvement Value $22,400 Tax Amount $759.62 Change Rate +0.066552% Assessed CR Tax Rate +0.028708%
Year 2021 Assessed Value $24,880 Land Value $4,060 Improvement Value $20,820 Tax Amount $712.22 Change Rate +0.061716% Assessed CR Tax Rate +0.028626%
Year 2020 Assessed Value $23,490 Land Value $4,060 Improvement Value $19,430 Tax Amount $670.82 Change Rate +0.040967% Assessed CR Tax Rate +0.028558%
Year 2019 Assessed Value $22,610 Land Value $4,060 Improvement Value $18,550 Tax Amount $644.42 Change Rate +0.091349% Assessed CR Tax Rate +0.028502%
Year 2018 Assessed Value $20,780 Land Value Improvement Value Tax Amount $590.48 Change Rate Assessed CR Tax Rate +0.028416%
Year 2017 Assessed Value $20,780 Land Value Improvement Value Tax Amount $590.48 Change Rate Assessed CR Tax Rate +0.028416%
Year 2016 Assessed Value $20,780 Land Value Improvement Value Tax Amount $590.48 Change Rate Assessed CR Tax Rate +0.028416%
Year 2015 Assessed Value $20,780 Land Value Improvement Value Tax Amount $590.48 Change Rate -0.007063% Assessed CR Tax Rate +0.028416%
Year 2014 Assessed Value $20,920 Land Value Improvement Value Tax Amount $594.68 Change Rate Assessed CR Tax Rate +0.028426%