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5576 Madrid Dr; Westerville, OH Property Details

5576 Madrid Dr, Westerville, OH is a Single Family that was built in 1961. This property is currently a cash purchase and is not for sale. Our records show that 5576 Madrid Dr has 4 bedrooms, and 2 bathrooms, and a total of 1,579 square feet. The lot size of 5576 Madrid Dr is 10,920 square feet.

Off market
5576 Madrid Dr Westerville, OH 43081
$288,000 Listing Price
4 Beds
2 Baths
1,579 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1961
  • Purchase Price: $288,000
  • Est. Equity / %: $325,000 / 100%
  • Gross Yield: 8.533%
  • APN: 110-003297
  • Situs County: Franklin
  • Length Of Ownership: 2 years, 7 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

Structure

  • Stories: 1
  • Exterior Wall Type: Masonry
  • Building Condition: Average
  • Building Quality: C
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,579/SqFt
  • Lot: 10,920/SqFt
  • Gross: 1,579/SqFt
  • Living: 1,579/SqFt
  • Building: 1,579/SqFt
  • Ground: 1,579/SqFt
  • Price Per Square Foot: $182.39

Legal Description

  • Description: 5576 MADRID DR H C HUBER PLAT 48 SEC 3 1365
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Westerville City School District
  • Lat / Lon: 40.086903 / -82.92062
  • Subdivision: Herbert C Huber Plat 48 Sec 3
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4224
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 1

HOA

  • H O A One: $15
  • H O A Amount: $15
  • H O A One Type: Home Owner Association

Ownership Info

5576 Madrid Dr has no associated ownership info
5576 Madrid Dr has no associated ownership info.

Taxes

5576 Madrid Dr has 10 associated Taxes items

5576 Madrid Dr, Westerville, OH pays taxes in Franklin County, OH. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $89,820. The APN we've located for 5576 Madrid Dr is 110-003297.

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Taxes
  • Assessed Value:  $89,820
  • Assessed Year:  2025
  • Assessed County:  Franklin
  • APN:  110-003297
  • Assessed Land Value:  24190
  • Market Land Value:  69100
  • Tax Amount:  5658.88
  • Tax Year:  2024
  • Market Value:  256600
  • Market Year:  2025

Tax History

5576 Madrid Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $89,820 Land Value $24,190 Improvement Value $65,630 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $89,820 Land Value $24,190 Improvement Value $65,630 Tax Amount $5,658.88 Change Rate +0.138791% Assessed CR Tax Rate +0.063002%
Year 2023 Assessed Value $89,820 Land Value $24,190 Improvement Value $65,630 Tax Amount $4,969.2 Change Rate +0.136046% Assessed CR Tax Rate +0.055324%
Year 2022 Assessed Value $62,900 Land Value $12,850 Improvement Value $50,050 Tax Amount $4,374.12 Change Rate -0.014354% Assessed CR Tax Rate +0.069541%
Year 2021 Assessed Value $62,900 Land Value $12,850 Improvement Value $50,050 Tax Amount $4,437.82 Change Rate +0.000749% Assessed CR Tax Rate +0.070554%
Year 2020 Assessed Value $62,900 Land Value $12,850 Improvement Value $50,050 Tax Amount $4,434.5 Change Rate +0.277416% Assessed CR Tax Rate +0.070501%
Year 2019 Assessed Value $47,920 Land Value $12,850 Improvement Value $35,070 Tax Amount $3,471.46 Change Rate +0.100995% Assessed CR Tax Rate +0.072443%
Year 2018 Assessed Value $47,920 Land Value $12,850 Improvement Value $35,070 Tax Amount $3,153.02 Change Rate -0.031315% Assessed CR Tax Rate +0.065798%
Year 2017 Assessed Value $47,920 Land Value $12,850 Improvement Value $35,070 Tax Amount $3,254.95 Change Rate +0.049611% Assessed CR Tax Rate +0.067925%
Year 2016 Assessed Value $41,730 Land Value $9,630 Improvement Value $32,100 Tax Amount $3,101.1 Change Rate +0.055593% Assessed CR Tax Rate +0.074313%
Year 2015 Assessed Value $41,730 Land Value $9,630 Improvement Value $32,100 Tax Amount $2,937.78 Change Rate -0.000129% Assessed CR Tax Rate +0.0704%
Year 2014 Assessed Value $41,730 Land Value $9,630 Improvement Value $32,100 Tax Amount $2,938.16 Change Rate +1.032766% Assessed CR Tax Rate +0.070409%
Year 2013 Assessed Value $41,720 Land Value $9,625 Improvement Value $32,095 Tax Amount $1,445.4 Change Rate Assessed CR Tax Rate +0.034645%