845 W Main Street Madison, IN $ 425,000
845 W Main Street
$ 425,000
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845 W Main Street

Madison, IN, 47250
$ 425,000
Bedrooms2 Baths1.0 Sq 3,412

Monthly Estimate*

$ 2,617

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Single Family Home for sale in Madison, IN

for $425,000 with 2 bedrooms and 1 full bath. This 3,412 square foot home was built in 1900 on a lot size of 0.08.

Exceptional mixed-use investment opportunity in the heart of Historic Downtown Madison. This classic two-story brick storefront offers outstanding visibility and multiple income-producing possibilities in a prime Main Street location. The main level features approximately 1,700 square feet of retail or commercial space, ideal for a boutique, office, gallery, or specialty business. Above, the second floor showcases a distinctive 2-bedroom, 1-bath apartment with views overlooking Main Street—perfect for rental income or owner occupancy. A detached 720-square-foot brick garage at the rear of the property provides additional revenue potential, workshop space, or vehicle storage. Just steps from local shops, dining, schools, and Madison’s scenic Ohio Riverfront, this property blends historic character, versatility, and prime location—an outstanding opportunity for investors or entrepreneurs alike.

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Single Family Active

Price

$ 425,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 2,266

Style

Lot Size

0.08

Year Built

1900

Town/City

Madison

County/Region

Jefferson

MLS | Web ID

202606019

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Possession Negotiable
Roof Metal
Appliances Oven Range Refrigerator
Zoning Residential Central Busin
Garage Spaces 1
Architectural Style Two Story
Construction Materials Brick Frame
Year Built 1900
Stories Count 2
Township Madison
Levels Two
Property Subtype Residential
County Jefferson_IN
New Construction false
Property Type Residential
HOA false
Attached Garage false
Garage Y/N true
Other Structures Garage(s)
Total Rooms 3
Full Baths 1
Status Active
Directions Located on the southwest corner of Cragmont and Main Street in downtown Madison.
City Madison
Zoning Description Residential Central Business District Historic District
MLS Area Downtown
Lot Size Units Acres
Lot Size Square Feet 3484.8
Listing Terms Cash Conventional
Tax Annual Amount 2266
Property Condition Resale
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Residential
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Interior
Interior Amenities Ceiling Fan(s)
Total Fireplaces 1
Fireplace Features Decorative
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Above Grade Finished Area 3412
Half Baths 0
Laundry Features Laundry Closet Upper Level
Total Bedrooms 2
Below Grade Finished Area 0
Total Baths 1
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Exterior
Parking Features Detached Garage
Lot Features Corner Lot
Water Source Connected Public
Lot Size Area 0.08
Foundation Details Cellar
Building Area Total 3412
Lot Size Acres 0.08
Road Surface Type Paved
Lot Size Source Assessor
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* Excluded Features
List By
Scott Lynch

Listing Agent

F.C. Tucker/Scott Lynch Group

Broker

scott@fctucker-lynchgroup.com

Email

Affordability Calculator

$2,806
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,617
Monthly Property Taxes
$189
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
2/17/2026$425,000 Listed Price

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845 W Main Street, Madison, IN, 47250 is a Single Family Home for sale at $425,000 with 3,412 sqft and a lot size of 0.08. 845 W Main Street has 2 bedrooms, 1.0 baths, and was built in 1900. The property's zip code is 47250 which is in Madison, IN