Taxes
- Assessed Value: $21,210
- Assessed Year: 2025
- Assessed County: Lafayette
- APN: 6051721
- Assessed Land Value: 1110
- Market Land Value: 11100
- Tax Amount: 2206.43
- Tax Year: 2025
- Market Value: 212100
- Market Year: 2025
505 Madison St; Lafayette, LA Property Details
On Market for 3 days
505 Madison St Lafayette, LA 70501
$359,900 Listing Price
4 Beds
2 Baths
2,010 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1927
- Purchase Price: $228,000
- Open Loans / Balance: 1 / $190,156
- Est. Equity / %: $82,844 / 30.35%
- Gross Yield: 7.219%
- APN: 6051721
- Situs County: Lafayette
- Length Of Ownership: 5 years, 7 months
Rooms
- Bedrooms: 4
- Bathrooms: 2
Structure
- Building Condition: Average
- Building Quality: C
Measurements
- Total: 2,010/SqFt
- Lot: 6,098/SqFt
- Living: 2,010/SqFt
- Building: 2,010/SqFt
- Price Per Square Foot: $113.43
Legal Description
- Description: W P LOT 223-MILLS ADD
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Lafayette Parish School District
- Lat / Lon: 30.229214 / -92.01967
- Subdivision: Mills Addition
- Property Class: Residential
- County Use Code: 4000
Amenities
- Plus Four: 5817
Ownership Info
505 Madison St has no associated ownership info
505 Madison St has no associated ownership info.
Taxes
505 Madison St has 10 associated Taxes items
505 Madison St, Lafayette, LA pays taxes in Lafayette County, LA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $21,210. The APN we've located for 505 Madison St is 6051721.
Unlock the full reportTax History
505 Madison St has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $21,210 | Land Value $1,110 | Improvement Value $20,100 | Tax Amount $2,206.43 | Change Rate +0.39523% | Assessed CR | Tax Rate +0.104028% |
| Year 2024 | Assessed Value $21,210 | Land Value $1,110 | Improvement Value $20,100 | Tax Amount $1,581.41 | Change Rate -0.251368% | Assessed CR | Tax Rate +0.07456% |
| Year 2023 | Assessed Value $20,110 | Land Value $1,110 | Improvement Value $19,000 | Tax Amount $2,112.4 | Change Rate +0.003892% | Assessed CR | Tax Rate +0.105042% |
| Year 2022 | Assessed Value $20,110 | Land Value $1,110 | Improvement Value $19,000 | Tax Amount $2,104.21 | Change Rate -0.003335% | Assessed CR | Tax Rate +0.104635% |
| Year 2021 | Assessed Value $20,110 | Land Value $1,110 | Improvement Value $19,000 | Tax Amount $2,111.25 | Change Rate +0.452049% | Assessed CR | Tax Rate +0.104985% |
| Year 2020 | Assessed Value $20,110 | Land Value $1,110 | Improvement Value $19,000 | Tax Amount $1,453.98 | Change Rate +0.038498% | Assessed CR | Tax Rate +0.072301% |
| Year 2019 | Assessed Value $20,110 | Land Value $1,110 | Improvement Value $19,000 | Tax Amount $1,400.08 | Change Rate -0.032131% | Assessed CR | Tax Rate +0.069621% |
| Year 2018 | Assessed Value $14,175 | Land Value $1,110 | Improvement Value $13,065 | Tax Amount $1,446.56 | Change Rate +0.777341% | Assessed CR | Tax Rate +0.10205% |
| Year 2017 | Assessed Value $14,175 | Land Value $1,110 | Improvement Value $13,065 | Tax Amount $813.89 | Change Rate | Assessed CR | Tax Rate +0.057417% |
| Year 2016 | Assessed Value | Land Value | Improvement Value | Tax Amount $813.89 | Change Rate +11.565848% | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $14,175 | Land Value $1,110 | Improvement Value $13,065 | Tax Amount $64.77 | Change Rate -0.825747% | Assessed CR | Tax Rate +0.004569% |
| Year 2014 | Assessed Value | Land Value | Improvement Value | Tax Amount $371.7 | Change Rate | Assessed CR | Tax Rate |
| Year 2013 | Assessed Value $3,610 | Land Value $1,110 | Improvement Value $2,500 | Tax Amount | Change Rate | Assessed CR | Tax Rate |