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503 Highland Dr; Madison, AL Property Details

503 Highland Dr, Madison, AL is a Single Family that was built in 1987. This property is currently Financed and is not for sale. Our records show that 503 Highland Dr has 3 bedrooms, and 1 bathroom, and a total of 1,830 square feet. The lot size of 503 Highland Dr is 28,401 square feet.

For Rent
503 Highland Dr Madison, AL 35758
$1,920 Listing Price
3 Beds
1 Baths
1,830 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1987
  • Purchase Price: $325,000
  • Open Loans / Balance: 1 / $200,196
  • Est. Equity / %: $157,804 / 44.08%
  • Gross Yield: 5.601%
  • APN: 16-02-10-0-001-082.000
  • Situs County: Madison
  • Length Of Ownership: 4 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

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

Measurements

  • Total: 1,830/SqFt
  • Lot: 28,401/SqFt
  • Living: 1,830/SqFt
  • Building: 1,830/SqFt
  • Ground: 1,830/SqFt
  • Price Per Square Foot: $177.60

Legal Description

  • Description: LOT 2 BLK 2 CHADRICK S/D PB 14 PG 68
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Madison City School District
  • Lat / Lon: 34.711037 / -86.71882
  • Subdivision: Chadrick
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Plus Four: 1367
  • Bathroom Fixtures: 3
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

503 Highland Dr has 10 associated Taxes items

503 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 $42,280. The APN we've located for 503 Highland Dr is 16-02-10-0-001-082.000.

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Taxes
  • Assessed Value:  $42,280
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-02-10-0-001-082.000
  • Assessed Land Value:  7720
  • Market Land Value:  38600
  • Tax Amount:  2949.8
  • Tax Year:  2025
  • Market Value:  211400
  • Market Year:  2025

Tax History

503 Highland Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $42,280 Land Value $7,720 Improvement Value $34,560 Tax Amount $2,949.8 Change Rate +0.061526% Assessed CR Tax Rate +0.069768%
Year 2024 Assessed Value $39,820 Land Value $7,720 Improvement Value $32,100 Tax Amount $2,778.83 Change Rate Assessed CR Tax Rate +0.069785%
Year 2023 Assessed Value $39,820 Land Value $7,720 Improvement Value $32,100 Tax Amount $2,778.83 Change Rate +1.320119% Assessed CR Tax Rate +0.069785%
Year 2022 Assessed Value $17,780 Land Value $3,860 Improvement Value $13,920 Tax Amount $1,197.71 Change Rate +0.17607% Assessed CR Tax Rate +0.067363%
Year 2021 Assessed Value $15,200 Land Value $2,320 Improvement Value $12,880 Tax Amount $1,018.4 Change Rate +0.018064% Assessed CR Tax Rate +0.067%
Year 2020 Assessed Value $14,940 Land Value $2,060 Improvement Value $12,880 Tax Amount $1,000.33 Change Rate +0.260735% Assessed CR Tax Rate +0.066956%
Year 2019 Assessed Value $14,460 Land Value $2,060 Improvement Value $12,400 Tax Amount $793.45 Change Rate Assessed CR Tax Rate +0.054872%
Year 2018 Assessed Value $14,460 Land Value Improvement Value Tax Amount $793.45 Change Rate Assessed CR Tax Rate +0.054872%
Year 2017 Assessed Value $14,460 Land Value Improvement Value Tax Amount $793.45 Change Rate Assessed CR Tax Rate +0.054872%
Year 2016 Assessed Value $14,460 Land Value Improvement Value Tax Amount $793.45 Change Rate Assessed CR Tax Rate +0.054872%
Year 2015 Assessed Value $14,460 Land Value Improvement Value Tax Amount $793.45 Change Rate +0.061046% Assessed CR Tax Rate +0.054872%
Year 2014 Assessed Value $13,840 Land Value Improvement Value Tax Amount $747.8 Change Rate Assessed CR Tax Rate +0.054032%