Free Madison County, Idaho seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Madison County. The calculator applies Idaho and Madison County rates for you.
- Median home value
- $365,000
- Transfer tax on $365,000
- None
- Seller costs on $365,000
- About $20,166
- Median property tax bill
- $1,813 a year
- Owner's title policy
- Seller pays
- Population
- 53,578
Madison County transfer tax
Idaho does not charge a real estate transfer tax, so there is none to pay on a home sale in Madison County.
Example Madison County seller net sheet
A $365,000 sale, close to the county's median home value of $365,000, with a 5% commission and a $220,000 mortgage payoff. Seller costs come to about $20,166, or 5.5% of the price.
| Line | Seller |
|---|---|
| Sale price | $365,000 |
| First mortgage payoff | −$220,000 |
| Real estate commission (5%) | −$18,250 |
| Owner's title insurance policy | −$1,336.25 |
| Escrow fee | −$500 |
| Release / satisfaction recording | −$30 |
| Wire / courier / payoff processing | −$50 |
| Estimated net before property tax prorations | $124,833.75 |
Who pays what in Madison County
In Madison County, the seller customarily pays the owner's title policy. The escrow fee is customarily split between buyer and seller. Closings are usually handled by an escrow company.
Property taxes in Madison County
The median property tax bill for homeowners in Madison County is $1,813 a year, about 0.5% of the median home value of $365,000 (Census Bureau American Community Survey, 2019-2023). Taxes here are paid in arrears, so at closing the bill is prorated between buyer and seller to the closing date. Calendar year; halves due Dec 20 and Jun 20 (in arrears).
Rates verified 2026-09-29. Home value and tax bill: Census Bureau American Community Survey, 2019–2023. A net sheet is an estimate; final figures come from the escrow company.
Madison County seller questions
How much is the transfer tax in Madison County, Idaho?
Idaho does not charge a real estate transfer tax, so there is none to pay on a home sale in Madison County.
How much are seller closing costs in Madison County?
On a $365,000 sale, close to the median home value in Madison County, with a 5% commission, estimated seller costs are about $20,166 (5.5% of the price). Without commission they are about $1,916. The loan payoff and property tax proration change the final number.
Who pays for title insurance and closing fees in Madison County?
In Madison County, the seller customarily pays the owner's title policy. The escrow fee is customarily split between buyer and seller. Closings are usually handled by an escrow company.
How much are property taxes in Madison County?
The median property tax bill for homeowners in Madison County is $1,813 a year, about 0.5% of the median home value of $365,000 (Census Bureau American Community Survey, 2019-2023). Taxes here are paid in arrears, so at closing the bill is prorated between buyer and seller to the closing date. Calendar year; halves due Dec 20 and Jun 20 (in arrears).
Cities in Madison County
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