CALLING ALL INVESTORS -- HOME BEING SOLD AS IS, NO REPAIRS WILL BE MADE -- GOOD INVESTMENT OPPORTUNITY LOCATED IN VERY NICE NEIGHBORHOOD IN RIDGELAND CONVENIENTLY LOCATED TO EVERYTHING....HWY. 51, SHOPPING, DINING, ALL MAJOR HOSPITALS AND EASY INTERSTATE ACCESS TOO. HOME NEEDS SOME FOUNDATION WORK BUT IN GOOD SHAPE OTHERWISE. HAS BEEN A RENTAL PROPERTY FOR OWNER PAST 10+ YEARS BUT WHEN TENANT RECENTLY MOVED OUT, DECIDED TO SELL. TENANT HAD BEEN IN HOME PAST 5 YEARS. GOOD FLOORPLAN WITH 3-BDRMS AND 2-FULL BATHS, LARGE LIVING ROOM W/ FIREPLACE, NICE KITCHEN WITH CERAMIC FLOORS AND X-LARGE SHADY BACK YARD PLUS 2 CAR GARAGE. NICE FIXTURES THROUGHTOUT AND NICE FLOORING, BUT CARPETS IN BEDROOMS NEED REPLACING. THIS HOME WILL NOT GO ON A FHA/VA LOAN DUE TO NEEDED FOUNDATION REPAIRS.
Great investment property to fix up and live in or rent it immediately. Subject needs a little TLC but can be rented in its present condition. This size house in this area sells for approximately $140,000 to $160,000 so create your own equity by doing a little work. 3 bedroom 2 bath, formal dining, great room with fireplace, 2-garage, large rear yard, kitchen with built ins.
Public Records
Jul 6, 2000
Sold
—
Public Records
Jun 10, 1999
Sold
—
Public Records
Aug 12, 1998
Sold
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Public Records
Dec 13, 1996
Sold
—
Year
Property tax
Land + Additions
Assessment*
2025
$2,188
2024
$2,188
2023
$2,188
2022
$2,188 (+3.7%)
2021
$2,110
2020
$2,110
2019
$2,110
2018
$2,110 (+1.5%)
2017
$2,079
2016
$2,079
2015
$2,079 (+0.3%)
2014
$2,073
Tax history for 116 Trace Ridge Dr
Year
Property tax
Land + Additions
Assessment*
2025
$2,188
2024
$2,188
2023
$2,188
2022
$2,188 (+3.7%)
2021
$2,110
2020
$2,110
2019
$2,110
2018
$2,110 (+1.5%)
2017
$2,079
2016
$2,079
2015
$2,079 (+0.3%)
2014
$2,073
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
4
Stories
1
Lot width
—
Lot depth
—
Lot size
0.3 Acres
Year renovated
1988
Sq. Ft.
1,600
Year built
1988
Style
Single Family Residential
County
Madison County
APN
072D-20C-096/00.00
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 2, 2026.
R-2
Single-Family Residential District
The purpose of these districts is to provide areas for the development of low density, single-family detached dwellings and related compatible uses in relatively spacious surroundings which provide ample, usable open space for leisure time activities. No R-2 residential districts shall be located in areas that do not have public sewerage.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Single unit
Recreation
Park & open space
Property details
Parking
Parking Information
Has Garage
Attached Garage YN: Yes
Garage Spaces: 2
Parking Features: Attached, Garage Door Opener, Storage, Paved
Interior
Bathroom Information
Bathrooms Full: 2
Bathrooms Total Decimal: 2
Bathrooms Total Integer: 2
Interior Features
Appliances: Cooktop, Dishwasher, Disposal, Electric Range, Exhaust Fan, Gas Cooktop, Gas Water Heater, Microwave
Flooring: Carpet, Tile, Wood
Has Fireplace
Fireplace Features: Living Room
Window Features: Insulated Windows, Vinyl
Interior Features: Built-in Features, Ceiling Fan(s), Crown Molding, Double Vanity, Eat-in Kitchen, Entrance Foyer, High Ceilings, High Speed Internet, Storage