$250,000

1057 W Main St Madison, IN 47250

Estimated payment $1,369/month

Total Views 564
1 Bed
1 Bath
868 Sq Ft
$288 Price per Sq Ft

Highlights

  • Very Popular Property
  • Wood Flooring
  • Eat-In Kitchen
  • Fireplace in Kitchen
  • No HOA
  • Bungalow

About This Home

Historic charm meets modern convenience right on Main Street in downtown Madison! This thoughtfully updated bungalow blends timeless character with tasteful improvements while preserving many original features, including the beautiful hardwood floors throughout much of the home. The spacious living room offers the perfect setting to showcase your antique furnishings and create a warm, inviting gathering space full of historic charm. The oversized kitchen and dining area is impressively large for a home of this era and has been beautifully updated with brand new cabinetry, stone countertops, an island with double sink, and new stainless appliances including a dishwasher. Tucked away at the rear of the home, the private primary suite features a large bathroom and peaceful river views. Downstairs, the basement provides versatile additional living space with painted concrete floors and exposed ceilings that create a trendy industrial-style speakeasy aesthetic. Whether you need extra entertaining space, storage, a rec room, or hobby area, this lower level offers excellent flexibility. Outside, the large backyard includes alley access and offers exciting potential for a future garage or ADU. Gather around the fire pit and enjoy evenings overlooking the river views in the background - all while being just steps away from the shops, restaurants, and historic atmosphere of downtown Madison.

Listing Agent

Andrew Flora

1 Percent Lists Indiana Real Estate Brokerage Email: listwithflora@gmail.com License #RB24000989 Listed on: 05/23/2026

Co-Listing Agent

Drew Wyant

1 Percent Lists Indiana Real Estate Brokerage Email: listwithflora@gmail.com License #RB21000490

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $156

Year Built

  • Built in 1900

Lot Details

  • 7,680 Sq Ft Lot

Home Design

  • Bungalow
  • Stone Foundation
  • Wood Siding

Interior Spaces

  • 868 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • 3 Fireplaces
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Schools

  • Madison Consolidated Jr High Sch Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 39-08-34-334-060.000-007
  • Assessor Parcel Number 390834334060000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$156

Year Built

Built in 1900

Lot Details

7,680 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2025
  • Year Built: 1900
  • Building Area Total: 1736
  • Co List Office Phone: 812-343-4938
  • Garage Y N: No
  • Lot Size Acres: 0.18
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Attribution Contact: listwithflora@gmail.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full, Unfinished, Walk-Out Access
  • Appliances: Dishwasher, Microwave, Electric Oven, Refrigerator, Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Basement, Kitchen, Living Room
  • Fireplaces: 3
  • Interior Amenities: Kitchen Island, Hardwood Floors, Hi-Speed Internet Availbl, Eat-in Kitchen, Pantry
  • Living Area: 868
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 868
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Wood Siding
  • Foundation Details: Rock

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Unit
  • Water Source: Public
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Madison Consolidated Jr High Sch

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 7680
  • Parcel Number: 390834334060000007
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 156
  • Tax Lot: 39-08-34-334-060.000-007
  • Semi Annual Property Tax Amt: 78
  • Tax Exemption: Homestead Tax Exemption

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $157 $80,500 $7,300 $73,200
2024 $139 $88,100 $7,300 $80,800
2023 $151 $88,100 $7,300 $80,800
2022 $148 $81,300 $7,300 $74,000
2021 $145 $71,700 $7,300 $64,400
2020 $142 $71,700 $7,300 $64,400
2019 $181 $71,700 $7,300 $64,400
2018 $195 $76,300 $7,300 $69,000
2017 $191 $75,100 $7,300 $67,800
2016 $187 $75,100 $7,300 $67,800
2014 $295 $82,800 $7,400 $75,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2026 05/23/26 For Sale $250,000 -- $288 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $80,000 Colussi Law Office
Deed $80,000 Colussi Law Office
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22103962

MIBOR Broker Listing Cooperative®

APN: 39-08-34-334-060-000-007

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