506 Madison St NW, Russellville, AL, 35653
About This Home
Cottage style home offering 2 bedrooms, 1 bath and a bonus room. This home features an open concept, inviting living spaces, and plenty of character. Just minutes from downtown Russellville, this home sits on 0.20-acre corner lot. Whether you are looking to downsize or invest, this property offers great potential. HABLO ESPANOL
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1935
Materials
- Roof: Metal
Type & Style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subType: Single Family Residence
Interior
Basement
- Area: 0
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Features
- Eat-in Kitchen
- Finished area below ground: 0
- Finished area above ground: 906
Interior Area
- Total structure area: 906
- Total interior livable area: 906 sqft
Property
Details
- Parcel number: 02093010001440000
Features
- Patio & porch: Front Porch
Lot
- Lot size: 8,712 sqft
- Features: City Lot,Corner Lot
- Lot size dimensions: 0.20
Parking
- Total spaces: 1
- Parking features: Carport
- Covered spaces: 1
- Carport: Yes
- Carport spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Lightning
- Tornado
- Heat Wave
- Strong Wind
- Earthquake
- Hail
- Inland Flooding
- Ice Storm
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Alabama Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $581 | $6,972 |
| Home Insurance * | $133 | $1,596 |
| Property Taxes | $0 | $0 |
| Electricity | $240 | $2,881 |
| Total | $954 | $11,448 |
Income You'd Need if You Spent...
Alabama FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-23 | Listed for sale | $115,000 |
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