406 Madison St, Red Bud, IL, 62278
About This Home
Improved Price! Motivated Sellers!! Welcome to 406 Madison St in charming Red Bud! Perfect opportunity for affordable, low maintenance living in a great location that keeps you close to everything! Cozy 1 bedroom, 1 bath ranch is ideal for a first-time buyer, those looking to downsize, or investors seeking to add to their rental portfolio! On the exterior is a metal roof, vinyl siding, a small manageable yard, storage shed plus a nice 12 x 15 covered deck for quiet mornings and coffee! Enjoy the convenience of being just minutes from local businesses and dining, making errands a breeze! Roof, furnace and water heater all replaced in 2019. Call today for a showing and make this cute home your own! Well-located neighborhood with small town charm!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1952
Materials
- Roof: Metal
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Free-Standing Range,Refrigerator,Washer/Dryer
- Laundry features: Main Level
Bathroom
- Features: Floor Covering: Vinyl
- Level: Main
- Area: 48
- Dimensions: 8x6
Bedroom
- Features: Floor Covering: Carpeting
- Level: Main
- Area: 121
- Dimensions: 11x11
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Features
- Eat-in Kitchen
- Finished area above ground: 768
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 768
- Total interior livable area: 768 sqft
Kitchen
- Features: Floor Covering: Vinyl
- Level: Main
- Area: 154
- Dimensions: 11x14
Laundry
- Features: Floor Covering: Laminate
- Level: Main
- Area: 110
- Dimensions: 11x10
Living Room
- Features: Floor Covering: Carpeting
- Level: Main
- Area: 187
- Dimensions: 17x11
Property
Details
- Parcel number: 1308301500
- Special condition: Listing As Is
Features
- Levels: One
- Patio & porch: Covered,Deck
Lot
- Lot size: 3,920 sqft
- Features: Level,Rectangular Lot
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
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
- Strong Wind
- Tornado
- Winter Weather
- Cold Wave
- Earthquake
- Hail
- Heat Wave
- Inland Flooding
- Lightning
- Ice Storm
How This Home’s Risks Compare
FEMA Declared Disasters Across Illinois 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 | $606 | $7,272 |
| Home Insurance * | $105 | $1,260 |
| Property Taxes | $129 | $1,548 |
| Electricity | $130 | $1,569 |
| Total | $970 | $11,640 |
Income You'd Need if You Spent...
Illinois 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 |
|---|---|---|
| 2026-08-12 | Price change | $110,000 |
| 2026-07-14 | Price change | $120,000 |
| 2026-06-01 | Price change | $125,000 |
| 2026-05-17 | Listed for sale | $129,000 |
| 2026-05-03 | Contingent | $129,000 |
| 2026-05-01 | Listed for sale | $129,000 |
| 2008-03-05 | Sold | $61,500 |
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