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502 Highland Dr; Madison, AL Property Details

502 Highland Dr, Madison, AL is a Single Family that was built in 1986. This property is currently Financed and is not for sale. Our records show that 502 Highland Dr has 3 bedrooms, and 1 bathroom, and a total of 1,758 square feet. The lot size of 502 Highland Dr is 24,829 square feet.

Off market
502 Highland Dr Madison, AL 35758
$218,500 Listing Price
3 Beds
1 Baths
1,758 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1986
  • Purchase Price: $218,500
  • Open Loans / Balance: 1 / $318,871
  • Est. Equity / %: $19,129 / 5.66%
  • Gross Yield: 6.593%
  • APN: 16-02-10-0-001-060.000
  • Situs County: Madison
  • Length Of Ownership: 6 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full 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: 1,758/SqFt
  • Lot: 24,829/SqFt
  • Living: 1,758/SqFt
  • Building: 1,758/SqFt
  • Ground: 1,758/SqFt
  • Price Per Square Foot: $124.29

Legal Description

  • Description: LOT 2 BLK 4 CHADRICK S/D PB 14 PG 68
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: 34.711525 / -86.718216
  • Subdivision: Chadrick
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 1368
  • Bathroom Fixtures: 3
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

502 Highland Dr has no associated ownership info
502 Highland Dr has no associated ownership info.

Taxes

502 Highland Dr has 10 associated Taxes items

502 Highland 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 $21,720. The APN we've located for 502 Highland Dr is 16-02-10-0-001-060.000.

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Taxes
  • Assessed Value:  $21,720
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-02-10-0-001-060.000
  • Assessed Land Value:  4300
  • Market Land Value:  42900
  • Tax Amount:  1471.54
  • Tax Year:  2025
  • Market Value:  217000
  • Market Year:  2025

Tax History

502 Highland Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $21,720 Land Value $4,300 Improvement Value $17,420 Tax Amount $1,471.54 Change Rate -0.484466% Assessed CR Tax Rate +0.06775%
Year 2024 Assessed Value $40,920 Land Value $8,580 Improvement Value $32,340 Tax Amount $2,854.4 Change Rate Assessed CR Tax Rate +0.069756%
Year 2023 Assessed Value $40,920 Land Value $8,580 Improvement Value $32,340 Tax Amount $2,854.4 Change Rate +0.117549% Assessed CR Tax Rate +0.069756%
Year 2022 Assessed Value $36,600 Land Value $8,580 Improvement Value $28,020 Tax Amount $2,554.16 Change Rate +1.447873% Assessed CR Tax Rate +0.069786%
Year 2021 Assessed Value $15,560 Land Value $2,580 Improvement Value $12,980 Tax Amount $1,043.42 Change Rate -0.510818% Assessed CR Tax Rate +0.067058%
Year 2020 Assessed Value $30,540 Land Value $4,580 Improvement Value $25,960 Tax Amount $2,132.99 Change Rate +0.20746% Assessed CR Tax Rate +0.069843%
Year 2019 Assessed Value $30,540 Land Value $4,580 Improvement Value $25,960 Tax Amount $1,766.51 Change Rate +0.003921% Assessed CR Tax Rate +0.057843%
Year 2018 Assessed Value $30,420 Land Value Improvement Value Tax Amount $1,759.61 Change Rate Assessed CR Tax Rate +0.057844%
Year 2017 Assessed Value $30,420 Land Value Improvement Value Tax Amount $1,759.61 Change Rate Assessed CR Tax Rate +0.057844%
Year 2016 Assessed Value $30,420 Land Value Improvement Value Tax Amount $1,759.61 Change Rate Assessed CR Tax Rate +0.057844%
Year 2015 Assessed Value $30,420 Land Value Improvement Value Tax Amount $1,759.61 Change Rate +0.05089% Assessed CR Tax Rate +0.057844%
Year 2014 Assessed Value $29,120 Land Value Improvement Value Tax Amount $1,674.4 Change Rate Assessed CR Tax Rate +0.0575%