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540 Mill Rd; Madison, AL Property Details

540 Mill Rd, Madison, AL is a Single Family that was built in 1992. This property is currently a cash purchase and is for sale. Our records show that 540 Mill Rd has 6 bedrooms, and 1.5 bathrooms, and a total of 2,913 square feet. The lot size of 540 Mill Rd is 201,247 square feet.

On Market for 155 days
540 Mill Rd Madison, AL 35758
$2,249,900 Listing Price
6 Beds
1.5 Baths
2,913 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1992
  • Purchase Price: $1,250,000
  • Est. Equity / %: $1,258,000 / 100%
  • Gross Yield: 3.292%
  • APN: 16-04-17-2-000-026.000
  • Situs County: Madison
  • Length Of Ownership: 4 years

Rooms

  • Bedrooms: 6
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

  • Building Style: Wood
  • Floor Cover Type: Hardwood
  • Stories: 2
  • Exterior Wall Type: Brick
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Excellent
  • Roof Type: Gable Or Hip
  • Pool Type: Yes
  • Roof Cover Type: Asphalt

Measurements

  • Total: 2,913/SqFt
  • Lot: 201,247/SqFt
  • Living: 2,913/SqFt
  • Building: 2,913/SqFt
  • Ground: 2,913/SqFt
  • Price Per Square Foot: $429.11

Legal Description

  • Description: TR 5 MAPLEWOOD ACRES S/D PB 11 PG 78
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: A / High Risk
  • School District: Madison City School District
  • Lat / Lon: 34.698193 / -86.76385
  • Subdivision: Maplewood Acres
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Pool: true
  • Plus Four: 1007
  • Bathroom Fixtures: 10
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

540 Mill Rd has no associated ownership info
540 Mill Rd has no associated ownership info.

Taxes

540 Mill Rd has 10 associated Taxes items

540 Mill 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 $194,680. The APN we've located for 540 Mill Rd is 16-04-17-2-000-026.000.

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Taxes
  • Assessed Value:  $194,680
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-04-17-2-000-026.000
  • Assessed Land Value:  14780
  • Market Land Value:  73900
  • Tax Amount:  13563.92
  • Tax Year:  2025
  • Market Value:  973400
  • Market Year:  2025

Tax History

540 Mill Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $194,680 Land Value $14,780 Improvement Value $179,900 Tax Amount $13,563.92 Change Rate +0.065097% Assessed CR Tax Rate +0.069673%
Year 2024 Assessed Value $182,680 Land Value $14,780 Improvement Value $167,900 Tax Amount $12,734.92 Change Rate +0.339706% Assessed CR Tax Rate +0.069712%
Year 2023 Assessed Value $136,360 Land Value $14,780 Improvement Value $121,580 Tax Amount $9,505.76 Change Rate +1.577931% Assessed CR Tax Rate +0.069711%
Year 2022 Assessed Value $58,720 Land Value $6,020 Improvement Value $52,700 Tax Amount $3,687.36 Change Rate -0.468453% Assessed CR Tax Rate +0.062796%
Year 2021 Assessed Value $99,400 Land Value $1,800 Improvement Value $97,600 Tax Amount $6,937.04 Change Rate -0.107002% Assessed CR Tax Rate +0.069789%
Year 2020 Assessed Value $109,560 Land Value $11,960 Improvement Value $97,600 Tax Amount $7,768.26 Change Rate +0.207763% Assessed CR Tax Rate +0.070904%
Year 2019 Assessed Value $109,560 Land Value $11,960 Improvement Value $97,600 Tax Amount $6,431.94 Change Rate +1.54243% Assessed CR Tax Rate +0.058707%
Year 2018 Assessed Value $49,840 Land Value Improvement Value Tax Amount $2,529.84 Change Rate Assessed CR Tax Rate +0.050759%
Year 2017 Assessed Value $49,840 Land Value Improvement Value Tax Amount $2,529.84 Change Rate Assessed CR Tax Rate +0.050759%
Year 2016 Assessed Value $49,840 Land Value Improvement Value Tax Amount $2,529.84 Change Rate Assessed CR Tax Rate +0.050759%
Year 2015 Assessed Value $49,840 Land Value Improvement Value Tax Amount $2,529.84 Change Rate +0.055675% Assessed CR Tax Rate +0.050759%
Year 2014 Assessed Value $47,420 Land Value Improvement Value Tax Amount $2,396.42 Change Rate Assessed CR Tax Rate +0.050536%