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113 S Madison St, Corinth, MS, 38834

2beds
1baths
1,263sqft
$125,000
$99price/sqft
$982/moest. monthly cost
$39,280/yrincome needed

About This Home

Affordable opportunity near downtown Corinth! Perfect for a first-time homebuyer or investor. Located on desirable S Madison St, this house boasts great bones and a low-maintenance lot. Minutes from the historic district. Sold As-Is.

Getting Around

60
WalkingSomewhat Walkable
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

4/10
Corinth Middle SchoolGrades 5-80.9 mi
8/10
Corinth High SchoolGrades 9-121.4 mi
5/10
Corinth Elementary SchoolGrades PK-41.2 mi

Construction

Condition

  • Year built: 1950

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator

Bathroom

  • Level: Main

Bedroom

  • Level: Main

Bedrooms & Bathrooms

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

Heating & Cooling

  • Heating features: Other
  • Cooling features: Ceiling Fan(s),Other

Interior Area

  • Total structure area: 1,263
  • Total interior livable area: 1,263 sqft

Living Room

  • Level: Main

Property

Details

  • Parcel number: 0801122d00300

Features

  • Levels: One
  • Stories: 1
  • Exterior features: None

Parking

  • Total spaces: 1
  • Parking features: None

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

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Earthquake
    EarthquakeRelatively High
  • Lightning
    LightningRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Earthquake
Lightning
Heat Wave
Inland Flooding
Strong Wind

FEMA Declared Disasters in Alcorn County and Mississippi

Severe Storm
Straight Line Winds
Tornado
Winter Storm

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 $632$7,584
Home Insurance *$111$1,332
Property Taxes $47$564
Electricity $192$2,304
Total$982$11,784
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$33,668/yr
40% on housing$29,460/yr
45% on housing$26,186/yr

Mississippi FAIR Plan Programs

Mississippi Windstorm Underwriting Association

Covered
HailHail
WindWind
Visit Website →

Mississippi Residential Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,237Commercial: -4
Total Premiums$1.77M
Total Exposure$137.66M

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: 7.5%
7.5%
0%30.0%
Electricity Growth Rate10-year average: 4.2%
4.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$99This listing

vs Other Active Listings

Avg $/sqft

ZIP 38834$102
Alcorn County$103

vs Homes Sold Last Month

Median $/sqft

ZIP 38834$108
Alcorn County$129

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

DateEventPrice
2025-12-31Price change$125,000
2025-11-21Listed for sale$130,000

For Sale by Agent

AgentTerry M Sanders
BrokerageTurn Key Realty Group LLC

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