708 E Main Street

CIRCA 1840'S HISTORIC HOME - Step into history with this stunning home, located in the heart of historic downtown Madison, Indiana. Currently operating as the successful Iron Gate Inn Bed & Breakfast, this property offers an extraordinary opportunity to own a piece of Madison’s heritage while continuing a thriving business or enjoying as an exquisite private residence. Inside, the home showcases a grand parlor with soaring 13-foot ceilings, 11-foot Jefferson windows, and an original stamped tin ceiling. Four original gas lamps, converted to electric—including three depicting the Ages of Man—illuminate the history and artistry of the home. With 8 fireplaces, inlaid wood floors, a graceful foyer, elegant double covered side porches, a large updated eat-in kitchen, and a formal dining room, the home is designed for both beauty and function. The property features 5 spacious bedrooms and 5.5 bathrooms—all of the bedrooms each include their own private bath—making it ideal for hosting guests or extended family. The finished attic space can be used as an additional bedroom/office/craft room or storage. The attached carriage house still functions as a garage, and the brick patio and lovely gardens provide serene outdoor living spaces. This is more than a home—it’s a legacy. Whether you choose to continue operating it as a proven Bed & Breakfast or transform it into a private estate, this remarkable property offers history, charm, and modern functionality in one.