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$225,000 $10,000on 8/28/2024

316 E First Street Madison, IN  47250

  • 1 Beds
  • 1 Baths
  • 699 sq. Ft

Property Description for 316 E First Street Madison, IN 47250

Charming cottage with a river view - Imagine relaxing on the back deck and watching the river go by. This house has been recently remodeled but retains some of the original hardwood floors and trim. Brand new roof! Kitchen, bathroom, paint, HVAC and electric have all been done in the last 3 years. This place is in great condition. Ready for you to move right in. Seller would like to include most of the contents in the sale.

Address:316 E First Street Madison IN 47250
Status:Active
on site: 217 days
Price:$225,000
Bedrooms:1 Beds
Bathrooms:1 Full Baths
Sq. Feet:699
Year Built:1900
Lot Size:0.06
County: Jefferson_IN
Township: Madison
MLS #:202406751
Property Type:Residential

Lot Dimensions:2613.6
Road Surface:Paved
Zoning:Residential, Historic Dist
Water Source:Connected, Public
Directions:On south side of First Street between Jefferson and Walnut.
Upper Level Sq. Ft. :699
Total Sq. Ft. :699
Sq. Ft. Source:Assessor
Basement:Yes

Loan Price
$1,362
Price And Interest $1,174/month
Property Tax $94/month
MTG INS $0/month
HOME INS $94/month
Price
$225,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$94/month
Home Owner Insurance
$1,128 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
08/28/24 $235,000 $225,000 -4.26%

RoomSizeLevel
FullBath First
PrimaryBedroom 13.2 x 11 First
Kitchen 13.5 x 10.3 First
DiningRoom 13.2 x 10.6 First
LivingRoom 13.2 x 11 First

Semi-Annual Property Tax:$562
Mandatory HOA Fee:$

Area: Downtown
City:Madison
Zip Code:47250

Total Sq. Ft.:699
Interior Features:EatinKitchen
Appliances:Dryer, Microwave, Oven, Range, Refrigerator, Washer
Porch / Patio:Deck
Exterior Features:Deck
Exterior Type:AluminumSiding
Cool:CentralAir
Heat:ForcedAir
Total Rooms:5
Melinda Acree, REALTOR®/Broker, F. C. Tucker Company
Melinda Acree
Additional Phone (812) 265-3122
F.C. Tucker Company

Listing provided courtesy of Melinda Acree with F.C. Tucker/Scott Lynch Group

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Madison Market Report

214
Avg. DOM
$194.28
Avg. $ / Sq.Ft.
$ 258,000
Med. List Price

The house prices in Madison are not dropping at the moment. There has been a increase in price of $183,546.43. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Madison are going Up. The average house price is $285,000.00 and the average price per square feet is $196.90 per square feet. At the moment, the amount of homes listed is exactly 51 houses, with 21 with active status, 4 with pending status and 26 sold in Madison .

The most popular place to buy a home in Madison is 3906 - Jefferson - Madison. 3906 - Jefferson - Madison is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Madison .

The average amount of property taxes you would have to pay for a home in Madison is $969.71. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Madison are staying listed for an average of 77 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Madison was 1375 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Madison is $798,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Madison is $85,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Madison in year 1833 and the newest built house is in year 9999.

The average size of properties in Madison is 1905.05 sq.ft. , the biggest one being 3986 sq.ft. and the smaller being 600 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.