128 West Street Madison, IN $ 414,900
128 West Street
$ 414,900
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128 West Street

Madison, IN, 47250
$ 414,900
Bedrooms3 Baths2.0 Sq 1,127

Monthly Estimate*

$ 2,555

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Single Family Home for sale in Madison, IN

for $414,900 with 3 bedrooms and 2 full baths. This 1,127 square foot home was built in 1950 on a lot size of 0.13.

An extremely rare 2 structure opportunity for OWNER-OCCUPANTS or for INVESTORS looking for an IMMEDIATE INCOME-PRODUCING property - proven AIRBNB GROSS INCOME OF OVER $69k FROM mid 2024-and all 2025 (financials available). The home has been maintained personally by local owners. FULLY FURNISHED with an acceptable offer. You can move right in or continue renting immediately! This beautifully renovated home (2024) boasts SEVERAL UPDATES while maintaining the home's original historic elements. Inside, enjoy an open kitchen with a passthrough to the living room and a door leading to the covered front patio and covered porch. Spacious dining/eating area, TILED MASTER BATH, TUB with shower in hall bath. Laundry includes new (2024) Electrolux stackable washer and dryer. Great curb appeal with easy to care for landscaping. CENTRAL LOCATION one block from river front, across the street from Centennial Park (literally front row viewing for movies, concerts and seasonal events), and only 2 blocks from downtown shops and restaurants. VERY RARE IN-TOWN MULTIPLE OFF STREET PARKING SPOTS in carport and in alley on concrete pad behind secondary building. The secondary building provides an opportunity for additional income producing space. An incredible IMMEDIATE INCOME PRODUCING INVESTMENT PROPERTY or JUST BRING YOUR TOOTHBRUSH and move right in!

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Single Family Active

Price

$ 414,900

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 2,080

Style

Lot Size

0.13

Year Built

1950

Town/City

Madison

County/Region

Jefferson

MLS | Web ID

202606818

Features
General
Sewer Public Sewer
Heating Heat Pump
Cooling Central Air
Possession Negotiable
Roof Shingle
Appliances Dryer Dishwasher Microwave Oven Range Refrigerator Washer
Zoning Residential Historic Dist
Garage Spaces 1
Patio/Porch Features Covered Patio Porch
Architectural Style One Story
Construction Materials Frame Vinyl Siding
Year Built 1950
View River
Stories Count 1
Township Madison
Levels One
Property Subtype Residential
Community Features Sidewalks
County Jefferson_IN
New Construction false
Property Type Residential
HOA false
Garage Y/N true
Other Structures Barn(s)
Total Rooms 7
Full Baths 2
Status Active
Directions GPS Friendly From The corner of Jefferson and Second street travel west. The home will be on your left on the southwest corner of West and First street.
City Madison
Zoning Description Residential Historic District
MLS Area Downtown
Lot Size Units Acres
Lot Size Square Feet 5662.8
Carport Y/N true
Listing Terms Cash Conventional FHA VA Loan
Tax Annual Amount 2080
Property Condition Resale
Lease Considered Y/N false
Standard Status Active
Property Sub Type Additional Residential
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Interior
Interior Amenities Attic Ceiling Fan(s) Separate/Formal Dining Room Kitchen Island Pantry Storage Utility Room Window Treatments
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds
Fireplace Y/N false
Above Grade Finished Area 1127
Half Baths 0
Laundry Features Laundry Closet Main Level
Total Bedrooms 3
Below Grade Finished Area 0
Total Baths 2
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Exterior
Exterior Amenities Landscaping Paved Driveway Porch Patio
Parking Features Carport
Lot Features Corner Lot
Water Source Connected Public
Lot Size Area 0.13
Foundation Details Block
Building Area Total 1127
Lot Size Acres 0.13
Road Surface Type Paved
Other Parking Off Street
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

$2,728
Per Month
94%
6%
0%
Monthly Principal & Interest
$2,555
Monthly Property Taxes
$173
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
3/21/2026$414,900 Listed Price

Map


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128 West Street, Madison, IN, 47250 is a Single Family Home for sale at $414,900 with 1,127 sqft and a lot size of 0.13. 128 West Street has 3 bedrooms, 2.0 baths, and was built in 1950. The property's zip code is 47250 which is in Madison, IN