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628 W Third Street Madison, IN $ 98,500
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$ 98,500 Get more info
628 W Third Street
$ 98,500
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628 W Third Street

Madison, IN, 47250
$ 98,500
Bedrooms3 Baths1.1 Sq 1,238

Monthly Estimate*

$ 606

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Single Family Home for sale in Madison, IN

for $98,500 with 3 bedrooms and 1 full bath, 1 half bath. This 1,238 square foot home was built on a lot size of 0.15.

Bring your vision and make this one your own! Located in the heart of historic downtown Madison, Indiana, this 2 bedroom, 1.5 bath one story home is full of potential and ready for your personal touch. The home offers a functional layout with all living spaces on one level. Whether you're an investor, DIY enthusiast, or buyer looking to customize your dream space, this property presents a great opportunity to build equity. A partial basement adds valuable storage or workspace options, while the prime location puts you just steps from Madison’s charming shops, local dining, and scenic riverfront. There is access from Presbyterian Drive in the back for a possible garage. Taxes are at a 2% cap, if owner occupied the taxes would be $645. There are 2 fireplaces, neither are working. Great opportunity for investors or buyers looking for a project. Property is being sold in present condition and seller will make no repairs .With some updates and creativity, this property could truly shine!

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Single Family Active

Price

$ 98,500

Bedrooms

3

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 1,290

Style

Lot Size

0.15

Town/City

Madison

County/Region

Jefferson

MLS | Web ID

202607235
Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Possession Close Of Escrow
Roof Shingle
Zoning Residential
Patio/Porch Features Covered Patio
Architectural Style One Story
Construction Materials Frame
Stories Count 1
Township Madison
Levels One
Property Subtype Residential
County Jefferson_IN
New Construction false
Property Type Residential
Garage Y/N false
Total Rooms 8
Full Baths 1
Status Active
Directions From Cragmont turn East onto Third Street then the home is on the left.
City Madison
Zoning Description Residential
MLS Area Downtown
Lot Size Units Acres
Lot Size Square Feet 6534
Listing Terms Cash Conventional
Tax Annual Amount 1290
Lease Considered Y/N false
Standard Status Active
Property Sub Type Additional Residential
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Interior
Interior Amenities Main Level Primary
Basement Crawl Space Partial
Total Fireplaces 2
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Above Grade Finished Area 1238
Half Baths 1
Laundry Features In Basement Laundry Room
Total Bedrooms 3
Below Grade Finished Area 0
Total Baths 2
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Exterior
Exterior Amenities Patio
Water Source Connected Public
Lot Size Area 0.15
Foundation Details Stone
Building Area Total 1238
Lot Size Acres 0.15
Road Surface Type Paved
Lot Size Source Assessor
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* Excluded Features
List By
Jim Pruett

Listing Agent

Exp Realty, Llc

Broker

jimpruett@jimpruett.com

Email

Affordability Calculator

$714
Per Month
85%
15%
0%
Monthly Principal & Interest
$606
Monthly Property Taxes
$108
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/10/2026$98,500 Listed Price

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628 W Third Street, Madison, IN, 47250 is a Single Family Home for sale at $98,500 with 1,238 sqft and a lot size of 0.15. 628 W Third Street has 3 bedrooms and 1.1 baths. The property's zip code is 47250 which is in Madison, IN

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