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$420,000

  • Sold
  • Closed
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 2,083 Sq. Ft.
  • 2 Car Garage
See This Home
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Exceptional Value in this gorgeous brick and vinyl ranch home in the maintenance free community of Madison Homes! Gorgeous, open floorplan with 9 foot ceilings. Gourmet kitchen with 42" cabinets, under cabinet lighting and crown moulding, quartz countertops, peninsula with breakfast bar, black stainless steel LG appliances (2022), glass subway tiled backsplash and touch faucet. Huge eating area with sliding glass doors lead to your beautiful yard complimented with a deck, retractable awning, mature trees and professional landscaping. Butler's pantry with quartz countertop is adjacent to the formal dining room. Master Bedroom Suite includes a walk-in closet with closet storage shelving system and double sink vanity. A pocket door separates the awesome, huge bath with whirlpool tub, palladium window, separate shower and linen closet. The split 3 bedroom floor plan offers privacy. 2nd full bathroom with a linen closet. 1st floor laundry room with Kenmore washer & dryer (2016), utility sink, closet, cabinetry and countertop. Recessed lighting in the living room, kitchen, butler pantry, hall and master bath. Ceramic tile in the kitchen, bathrooms, foyer & laundry room. English basement with 9 foot ceilings. New Carrier A/C and Furnace (2025), radon mitigation system, 2 sump pumps. Newer roof (2022). Freshly cleaned carpeting. Enjoy a carefree lifestyle and we look forward to welcoming you to your new home!

Full Property Details for 515 Madison Ln

General

  • Sold For: $420,000
  • HOA FEE: $255/month
  • Taxes: $8,980 (2024)
  • Status: Closed
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12485697
  • Added to Site: 136 day(s) ago

Interior

  • Interior Features: 1st-Floor Bedroom, 1st-Floor Bath, Walk-In Closet(s), High Ceilings, Open Floorplan, Separate Dining Room, Quartz Counters
  • Fireplace: Yes
  • Fireplace(s): Living Room, Gas Log, Gas Starter
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Gas Oven, Humidifier
  • Flooring: Laminate

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bathroom Features: Whirlpool, Separate Shower, Double Sink

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Equipment: Cable TV, Carbon Monoxide Detectors, Ceiling Fan(s), Sump Pump, Radon Mitigation System, Water Heater-Gas
  • Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Asphalt, Garage Door Opener, Garage, Yes, Garage Owned, Attached

Location

  • Area: Elgin
  • County: Kane
  • Subdivision: Madison Homes
  • Driving Directions: Randall Rd to Highland Ave ( E ) to Madison Ln ( N ). The home is the first home on the right side of Madison Ln.

School Information

  • School District: 46
  • Midd School District: 46
  • Elementary School: Creekside Elementary School
  • Middle School: Kimball Middle School
  • High School: Larkin High School
  • Private School: Larkin High School

Community

  • Assoc. Fees Include: Insurance, Exterior Maintenance, Lawn Care, Snow Removal
  • Mgmt. Company: Madison Homeowners Association

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Natural Gas, Forced Air

Utilities

  • Water: Public

Structural Information

  • Architectural Style: Ranch
  • Construction: Vinyl Siding, Brick
  • Exterior Const.: Vinyl Siding, Brick
  • Basement Desc.: Unfinished, Egress Window, 9 ft + pour, Full, Daylight
  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Windows: Screens, Blinds, Double Pane Windows, Drapes, Window Treatments
  • Doors: Storm Door(s), Pocket Door(s), Sliding Glass Door(s)
  • Sub-Flooring: Laminate
  • Square Feet: 2,083
  • Sq. Ft. Source: Assessor
  • Year Built: 2005

Manufactured Home

  • Model: Maddy

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 69 x 71 x 81 x 60
  • Lot Features: Landscaped, Mature Trees

Financial Considerations

  • Association Fee: $255
  • Assoc Fee Freq.: Monthly
  • Parking Included: Yes
  • Assessment Year: 2005
  • Tax Amount: $8,980.94
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple with Homeowners Association
  • Property ID: 609453067

Listed by Keller Williams Inspire
Sold by Redfin Corporation

Listing agent

— 515 Madison Ln —

  • Keller Williams Inspire

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 515 Madison Ln

School District:School District U-46
NameGradesDistance
Creekside Elementary School, Elgin, IL
655 North Airlite Street, Elgin, IL 60123
K-60.5 mi
Kimball Middle School
451 North McLean Boulevard, Elgin, IL 60123
7-81 mi
Larkin High School
1475 Larkin Avenue, Elgin, IL 60123
9-121.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 515 Madison Ln

Date
Details
Price
Change
Source
12/05/2025
Sold
$420,000
-1.18%
MLS
10/02/2025
Listed
$425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Keller Williams Inspire
Sold by Redfin Corporation

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515 Madison Lane, Elgin, IL 60123 (MLS# 12485697) is a Single Family property that was sold at $420,000 on December 05, 2025. Want to learn more about 515 Madison Lane? Do you have questions about finding other Single Family real estate for sale in Elgin? You can browse all Elgin real estate or contact a Coldwell Banker agent to request more information.