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416 W Madison St, Memphis, MO, 63555

3beds
3baths
1,500sqft
$199,900
$133price/sqft
$1,801/moest. monthly cost
$72,040/yrincome needed

About This Home

Beautifully updated 3-bedroom, 2.5-bath home situated on 1.7 scenic acres with a wooded backdrop, offering the perfect blend of privacy, character, and modern comfort. The open-concept main living area features stunning hand-hewn barn wood beams that create a warm, inviting atmosphere. The updated kitchen is a true centerpiece with beautiful granite countertops, rich cabinetry, stainless steel appliances, and a spacious center island ideal for entertaining. The walkout basement offers additional living and storage potential, while the privacy-fenced backyard provides the perfect space for children, pets, or outdoor gatherings. Enjoy the peaceful, wooded setting with room to relax, all while being conveniently located near town. This move-in-ready home is one you won't want to miss! Within the last 10 years: roof, water heater, flooring. granite countertops, remodeled kitchen.

Getting Around

26
WalkingCar-Dependent
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

5/10
5/10
Scotland Co. High SchoolGrades 7-120.9 mi

Construction

Condition

  • Year built: 2025

Materials

  • Roof: Metal
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other-See Remarks
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Electric Oven/Range,Exhaust Fan,Microwave,Refrigerator,Gas Water Heater
  • Laundry features: Laundry Hookup: Basement,Electric

Basement

  • Basement: Full,Unfinished,Walk-Out Access,Walk-Up Access

Bathroom1

  • Level: Main

Bathroom2

  • Level: Main

Bathroom3

  • Level: Upper

Bedroom1

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Level: Main

Family Room

  • Level: Main

Features

  • Dry Wall
  • Window features: Vinyl,Blinds
  • Flooring: Carpet,Ceramic Tile,Hardwood,Laminate
  • Fireplace features: None

Heating & Cooling

  • Heating features: Forced Gas,Gas Hot Water
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,500
  • Total interior livable area: 1,500 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Property

Details

  • Parcel number: 210032070221320000

Features

  • Patio & porch: Deck,Front Porch,Patio
  • Fencing: Wood

Lot

  • Lot size: 1.80 Acres
  • Lot size dimensions: 120x240

Parking

  • Total spaces: 1
  • Parking features: One Car,Attached,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered 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

  • Heat Wave
    Heat WaveVery High
  • Lightning
    LightningVery High
  • Hail
    HailRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Lightning
Hail
Strong Wind
Tornado
Cold Wave
Winter Weather

FEMA Declared Disasters Across Missouri Counties

Flood
Severe Storm
Tornado

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

MonthlyAnnual
Mortgage $1,010$12,120
Home Insurance *$542$6,504
Property Taxes $108$1,296
Electricity $141$1,693
Total$1,801$21,612
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$61,748/yr
40% on housing$54,030/yr
45% on housing$48,026/yr

Missouri FAIR Plan Programs

Missouri Property Insurance Placement Facility

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,041Commercial: 84
Total Premiums$2.35M
Total Exposure$198.26M

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.

Insurance Growth Rate5-year average: 5.0%
5.0%
0%30.0%
Electricity Growth Rate10-year average: 2.9%
2.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$133This listing

vs Other Active Listings

Avg $/sqft

ZIP 63555$109
Scotland County$109

vs Homes Sold Last Month

Median $/sqft

ZIP 63555
Scotland County$75

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)

Price History

DateEventPrice
2026-07-31Listed for sale$199,900
2025-07-23Listing removed$185,000
2024-11-14Price change$185,000
2024-10-20Price change$199,500
2024-04-19Price change$205,000
2023-10-25Listed for sale$214,900

For Sale by Agent

AgentJenna Williams
BrokerageFirst Class Properties

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