313-315 Mulberry Street Madison, IN $ 515,000
313-315 Mulberry Street
$ 515,000
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313-315 Mulberry Street

Madison, IN, 47250
$ 515,000
Bedrooms12 Baths3.0 Sq 4,960

Monthly Estimate*

$ 3,171

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Single Family Home for sale in Madison, IN

for $515,000 with 12 bedrooms and 3 full baths. This 4,960 square foot home was built in 1900 on a lot size of 0.04.

Exceptional investment opportunity in the heart of historic downtown Madison! These two contiguous buildings offer three stories featuring a total of 12 bedrooms, 3 bathrooms, a main floor office, and dedicated laundry room space. Out your front door overlooks the area beside the iconic Kindness Mural and Bicentennial Park, with convenient golf cart parking, newly renovated public parking areas, and updated streetscapes just outside your door. Located in the center of booming downtown Madison, you are only steps away from shopping, restaurants, festivals, riverfront attractions, and everything this charming historic town has to offer. Whether you are looking for long-term rentals, short-term rental potential, employee housing, or a mixed-use investment, the possibilities are endless. Rare opportunity to own a large footprint in one of Indiana’s most desirable downtown districts.

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Single Family Active

Price

$ 515,000

Bedrooms

12

Full Bath

3

Property Type

Single Family

Taxes

$ 4,363

Style

Lot Size

0.04

Year Built

1900

Town/City

Madison

County/Region

Jefferson

MLS | Web ID

202608867

Features
General
Sewer PublicSewer
Heating SpaceHeater
Cooling WindowUnits WallWindowUnits
Possession CloseOfEscrow
Roof Other
Appliances Dryer Freezer Microwave Refrigerator Washer
Zoning Residential
Patio/Porch Features Balcony
Architectural Style ThreeStory
Construction Materials Brick
Year Built 1900
Township Madison
Levels ThreeOrMore
Property Subtype Residential
Community Features Sidewalks
Additional Parcels Description 391302241011000007
County Jefferson_IN
New Construction false
Property Type Residential
Garage Y/N false
Total Rooms 4
Full Baths 3
Status Active
Directions Driving east on main street turn south on Mulberry. Buildings are on the right.
City Madison
Zoning Description Residential
MLS Area Downtown
Lot Size Units Acres
Lot Size Square Feet 1742.4
Listing Terms Cash Conventional FHA VaLoan
Tax Annual Amount 4363
Home Warranty Y/N false
Property Condition Resale
Lease Considered Y/N false
Standard Status Active
Property Sub Type Additional Residential
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Interior
Basement CrawlSpace
Basement (Y/N) true
Air Conditioning Y/N true
Fireplace Y/N false
Above Grade Finished Area 4960
Half Baths 0
Laundry Features MainLevel LaundryRoom
Total Bedrooms 12
Below Grade Finished Area 0
Total Baths 3
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Exterior
Exterior Amenities Balcony
Water Source Connected Public
Lot Size Area 0.04
Foundation Details Crawlspace Stone Cellar
Building Area Total 4960
Lot Size Acres 0.04
Road Surface Type Paved
Other Parking On Street
Lot Size Source Assessor
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* Excluded Features
List By
Van Crafton

Listing Agent

Coldwell Banker Harrell & Asso

Broker

jcrafty83@gmail.com

Email

Affordability Calculator

$3,535
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,171
Monthly Property Taxes
$364
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
6/4/2026$515,000 Listed Price

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313-315 Mulberry Street, Madison, IN, 47250 is a Single Family Home for sale at $515,000 with 4,960 sqft and a lot size of 0.04. 313-315 Mulberry Street has 12 bedrooms, 3.0 baths, and was built in 1900. The property's zip code is 47250 which is in Madison, IN