318 walnut Street
Madison, IN, 47250 $ 374,900
Bedrooms2 Baths1.1 Sq 1,926 Monthly Estimate*
$ 2,308
for $374,900 with 2 bedrooms and 1 full bath, 1 half bath. This 1,926 square foot home was built in 1900 on a lot size of 0.03.
Historic Federal-Style Home in the Heart of Downtown Madison. Step into timeless elegance w/this beautifully preserved home, ideally located in downtown Madison, Indiana. Thoughtfully updated while honoring its original character, this residence offers the perfect blend of historic charm & modern comfort. The main level features a welcoming living room & dining room, accented by hardwood floors & decorative fireplaces, along w/a convenient powder room. The standout kitchen is both functional and striking, showcasing custom MI-HER cabinetry, granite countertops, a center island, tile flooring, stainless steel appliances, & stunning exposed brick walls & beams. From the kitchen, step directly into the open-air covered patio & private courtyard, creating a seamless indoor-outdoor flow ideal for entertaining or quiet relaxation. The second level offers two spacious bedrooms & a full bathroom featuring a classic clawfoot tub w/a wrap-around shower enclosure. The fully finished third level provides versatile flex space, perfect for a third bedroom, home office, studio, or creative retreat. Add'l features include four decorative fireplaces, a clean basement w/laundry & ample storage, & outdoor spaces. Every update has been tastefully completed to maintain the home’s historic integrity while enhancing everyday livability. A rare opportunity to own a piece of Madison’s history—just steps from shops, dining, and all the charm downtown has to offer.
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FeaturesGeneralSewer Public Sewer
Heating Forced Air
Cooling Central Air
Possession Negotiable
Roof Shingle
Appliances Dryer Microwave Oven Range Refrigerator Water Softener Washer
Zoning Residential Historic Dist
Architectural Style Historic/Antique Three Story
Construction Materials Brick Frame
Year Built 1900
View City
Township Madison
Levels Three Or More
Property Subtype Residential
Community Features Sidewalks
County Jefferson_IN
New Construction false
Property Type Residential
Garage Y/N false
Total Rooms 8
Full Baths 1
Status Active
Directions GPS Friendly. Take Main Street East. Turn South on to Walnut street. Property on the left side.
City Madison
Zoning Description Residential Historic District
MLS Area Downtown
Lot Size Units Acres
Lot Size Square Feet 1306.8
Listing Terms Cash Conventional FHA VA Loan
Tax Annual Amount 539
Property Condition Resale
Lease Considered Y/N false
Standard Status Active
Occupancy Type Owner
Property Sub Type Additional Residential
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InteriorInterior Amenities Breakfast Bar Ceiling Fan(s) Separate/Formal Dining Room Eat-in Kitchen Kitchen Island
Basement Unfinished
Total Fireplaces 4
Fireplace Features Decorative
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Above Grade Finished Area 1926
Half Baths 1
Laundry Features In Basement Other
Total Bedrooms 2
Below Grade Finished Area 0
Total Baths 2
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ExteriorExterior Amenities Fence
Fencing Yard Fenced
Parking Features No Garage
Water Source Connected Public
Lot Size Area 0.03
Foundation Details Stone
Building Area Total 1926
Lot Size Acres 0.03
Road Surface Type Paved
Other Parking On Street
Lot Size Source Assessor
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* Excluded FeaturesList ByF.C. Tucker/Scott Lynch GroupBroker
scott@fctucker-lynchgroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,308
- Monthly Property Taxes
- $45
- 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.
Learn more about how to save NearbySingle family listings in Madison, IN
Average List Price $348,115
Percent of Sale Price 7%
About Madison, IN 11,653 Population
-2% Since 2002
$ 46,103 Median Income
42.57 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/23/2026 | $374,900 | | Listed Price |