605 Walnut Street Madison, IN $ 244,998
605 Walnut Street
$ 244,998
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605 Walnut Street

Madison, IN, 47250
$ 244,998
Bedrooms2 Baths1.1 Sq 1,512

Monthly Estimate*

$ 1,547

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Single Family Home for sale in Madison, IN

for $244,998 with 2 bedrooms and 1 full bath, 1 half bath. This 1,512 square foot home was built in 1840 on a lot size of 0.0525.

Positioned within walking distance to Downtown Amenities, this move-in-ready Federal-style residence presents a compelling opportunity to capitalize on ongoing neighborhood investment and appreciation. The home successfully balances historic character with thoughtful modern updates, offering both authenticity and functionality. Key features include main floor updated kitchen appliances, living room, fireplace, dining room area, and half bath. Tall Ceilings, and finished painted hardwood floors that create a bright, durable living environment. A notably spacious, dry cellar provides flexible-use space not found in comparable Madison properties, ideal for a bonus room, work out space, or a secret "Speak Easy" space. The upper-level has an additional living or lounge area, both bedrooms, and a full bathroom - Enhancing the home's versatility from Owner Occupied, to Bed & Breakfast! Lots of possibilities. Outside, a fully fenced backyard offers multiple seating and entertainment spaces, including the covered Patio, and complemented by a storage barn for added convenience.

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Single Family Active

Price

$ 244,998

Bedrooms

2

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 745

Style

Lot Size

0.0525

Year Built

1840

Town/City

Madison

County/Region

Jefferson

MLS | Web ID

202609995

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Possession Close Of Escrow
Roof Metal
Appliances Dryer Microwave Oven Range Refrigerator Washer
Zoning Residential Historic Dist
Patio/Porch Features Covered Patio
Architectural Style Two Story
Construction Materials Brick
Year Built 1840
Stories Count 2
Township Madison
Levels Two
Property Subtype Residential
County Jefferson_IN
New Construction false
Property Type Residential
HOA false
Garage Y/N false
Other Structures Shed(s)
Total Rooms 0
Full Baths 1
Status Active
Directions Downtown Madison.
City Madison
Zoning Description Residential Historic District
MLS Area Downtown
Lot Size Units Acres
Lot Size Square Feet 2286.9
Listing Terms Conventional FHA USDA Loan VA Loan
Tax Annual Amount 745
Property Condition Resale
Standard Status Active
Property Sub Type Additional Residential
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Interior
Interior Amenities Ceiling Fan(s) Eat-in Kitchen Home Office
Basement Full
Total Fireplaces 1
Fireplace Features Electric
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Above Grade Finished Area 1512
Half Baths 1
Laundry Features Laundry Closet Main Level
Total Bedrooms 2
Below Grade Finished Area 0
Total Baths 2
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Exterior
Exterior Amenities Fence Patio
Fencing Yard Fenced
Water Source Connected Public
Lot Size Area 0.0525
Foundation Details Brick/Mortar
Building Area Total 1512
Lot Size Acres 0.0525
Road Surface Type Paved
Lot Size Source Assessor
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* Excluded Features
List By
Angela L Bauer

Listing Agent

Re/Max First

Broker

ab@angelabauer.us

Email

Affordability Calculator

$1,609
Per Month
96%
4%
0%
Monthly Principal & Interest
$1,547
Monthly Property Taxes
$62
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/9/2026$244,998 Listed Price

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605 Walnut Street, Madison, IN, 47250 is a Single Family Home for sale at $244,998 with 1,512 sqft and a lot size of 0.0525. 605 Walnut Street has 2 bedrooms, 1.1 baths, and was built in 1840. The property's zip code is 47250 which is in Madison, IN