316 W Main Street Madison, IN $ 369,900
316 W Main Street
$ 369,900
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316 W Main Street

Madison, IN, 47250
$ 369,900
Bedrooms1 Baths1.0 Sq 6,337

Monthly Estimate*

$ 2,308

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Single Family Home for sale in Madison, IN

for $369,900 with 1 bedroom and 1 full bath. This 6,337 square foot home was built in 1934 on a lot size of 0.08.

Discover this Italianate two-part in a commercial block, constructed circa 1870, brimming with potential for various business ventures or investment opportunities! **Property Highlights** Spacious first floor - Enjoy approximately 3140 sq ft of versatile space, perfect for retail or office use. Flexible Second Floor - Currently utilized for storage, this level can easily be transformed to suit your needs, whether it be additional office space or even more retail opportunities. Third Floor Comfort - A welcoming apartment provides both convenience and potential rental income, making this property a smart investment. Property runs from Main Street to the back alley. Don't miss out on a chance to own this property! Contact us today for more information or schedule a viewing.

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Single Family Active

Price

$ 369,900

Bedrooms

1

Full Bath

1

Property Type

Single Family

Taxes

$ 3,228

Style

Lot Size

0.08

Year Built

1934

Town/City

Madison

County/Region

Jefferson

MLS | Web ID

2025012697

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Window Unit(s) WallWindow Unit(s)
Possession Close Plus 30 Days
Appliances Oven Range Refrigerator
Zoning Commercial
Architectural Style Three Story
Year Built 1934
Township Madison
Levels Three Or More
Property Subtype Residential
County Jefferson_IN
New Construction false
Property Type Residential
HOA false
Garage Y/N false
Total Rooms 3
Full Baths 1
Status Active
Directions North side of West Main Street
City Madison
Zoning Description Commercial
MLS Area Downtown
Lot Size Units Acres
Lot Size Square Feet 3484.8
Listing Terms Cash Conventional
Tax Annual Amount 3228
Property Condition Resale
Standard Status Active
Property Sub Type Additional Residential
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Interior
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Above Grade Finished Area 6337
Half Baths 0
Total Bedrooms 1
Below Grade Finished Area 0
Total Baths 1
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Exterior
Water Source Connected Public
Lot Size Area 0.08
Building Area Total 6337
Lot Size Acres 0.08
Road Surface Type Paved
Lot Size Source Assessor
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* Excluded Features
List By
Tony Bilz

Listing Agent

F.C. Tucker/Scott Lynch Group

Broker

tony@buythis1.com

Email

Affordability Calculator

$2,577
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,308
Monthly Property Taxes
$269
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
11/19/2025$369,900 Listed Price

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316 W Main Street, Madison, IN, 47250 is a Single Family Home for sale at $369,900 with 6,337 sqft and a lot size of 0.08. 316 W Main Street has 1 bedrooms, 1.0 baths, and was built in 1934. The property's zip code is 47250 which is in Madison, IN