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(SOLD) $317,500

927 W First Street Madison, IN  47250

  • 2 Beds
  • 2 Baths
  • 1,216 sq. Ft

Property Description for 927 W First Street Madison, IN 47250

Embrace the charm and vibrancy of downtown Madison with this unique opportunity to own the "Pearl House." Situated in the heart of Madison, this homes is close to the festivals, shops, restaurants, and exciting events that this lively town has to offer. Perfect for investors or those seeking a shared vacation rental venture. Enjoy the view from the porch of this home. The Pearl House offers a covered 24x16 porch making it nice on those rainy days. Convenience at its best, these homes provide off-street parking, a valuable amenity in downtown Madison. "Pearl House" comes fully furnished with all furniture and appliances included, ensuring a seamless transition for new owners or continued success as AirBnBs. With 2 bedrooms and 1.5 baths, "Pearl House" offers a luxurious experience. The bathroom features a large walk-in shower and a separate tub for indulgent relaxation. This home provides a fantastic opportunity for generating consistent income as AirBnBs in Madison's bustling downtown scene. Act now to own a piece of Madison's downtown magic with this unique property listing. Ideal for investors, entrepreneurs, or anyone looking to make Madison their home.

Address:927 W First Street Madison IN 47250
Status:Sold
Sold On: 3/20/2024
Price:$317,500
Bedrooms:2 Beds
Bathrooms:1 Full Baths, 1 Half Baths
Sq. Feet:1,216
Year Built:1970
Lot Size:0.14
County: Jefferson_IN
Township: Madison
MLS #:2023011608
Property Type:Residential

Lot Dimensions:6098.4
Road Surface:Paved
Lot Features:CornerLot
Zoning:Residential
Water Source:Connected, Public
Directions:From Jefferson St. head East on Second St. In 0.8 miles make a left onto Pearl St, then a left onto W First St. The property will be on the right at the corner.
Upper Level Sq. Ft. :704
Total Sq. Ft. :1,216
Sq. Ft. Source:Assessor
Basement:Yes

Loan Price
$1,858
Price And Interest $1,656/month
Property Tax $70/month
MTG INS $0/month
HOME INS $132/month
Price
$317,500
Down Payment %
0 %
Down Payment
$0
Property Taxes
$70/month
Home Owner Insurance
$1,584 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
HalfBath Lower
Other 11 x 8.6 Lower
Bedroom 12.2 x 12.9 Lower
FullBath First
MasterBedroom 15.3 x 9.11 First
Kitchen 6 x 19.9 First
LivingRoom 13.10 x 15.9 First
Other 10.11 x 5.11 First

Semi-Annual Property Tax:$420
Mandatory HOA Fee:$

Area: Downtown
City:Madison
Zip Code:47250

Total Sq. Ft.:1,216
Interior Features:EatinKitchen, MainLevelPrimary, UtilityRoom
Appliances:Dryer, Microwave, Oven, Range, Refrigerator, Washer
Porch / Patio:Covered, Deck, Patio
Exterior Features:Deck, Patio
Cool:CentralAir
Heat:HeatPump
Total Rooms:8
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schools in 927 W First Street Madison, IN  47250


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Listing provided courtesy of Jim Pruett with eXp Realty, LLC

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

170
Avg. DOM
$213.48
Avg. $ / Sq.Ft.
$ 239,900
Med. List Price

The house prices in Madison are not dropping at the moment. There has been a increase in price of $1,300.00. 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 $237,500.00 and the average price per square feet is $187.81 per square feet. At the moment, the amount of homes listed is exactly 44 houses, with 12 with active status, 4 with pending status and 28 sold in Madison .

The most popular place to buy a home in Madison is 12-Other Counties. 12-Other Counties 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 $1,783.33. 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 86 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 1679 minutes ago.

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

The cost of the most expensive home in Madison is $650,000.00. 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 1610.58 sq.ft. , the biggest one being 3080 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.