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$5,800
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$895,000
301 West Street Madison, IN 47250
- 17,986 sq. Ft
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Property Description for 301 West Street Madison, IN 47250
Rare opportunity to own a commercial space in historic downtown Madison Indiana. Ranked as one of the best small towns in the Midwest by USA today. This property was formally a feed mill. It was totally rehabbed in into a music Hall brewery distillery and residence in 2018/2019. This listing is for the real estate only. No furniture, fixtures, equipment or inventory included. Consisting of approximately 17,986 square feet, this multi-use building could be used as a event center, restaurant, multi-family housing or let your imagination be your guide. The third floor has been converted to a fantastic loft style apartment. With this listing you can also purchase the adjacent building at 307 West Street that has approximately 4,000 ft with this building for a combined price of $995,000. The brewery, distillery and music equipment is still in place. The complete package with furniture fixtures equipment inventory and all business related items can be purchased for $1, 295,000.
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Address:301 West Street Madison IN 47250
Status:Active
on site: 180 days
Price:$895,000
Bathrooms:0
Sq. Feet:17,986
Lot Size:0.20
County: Jefferson_IN
Township: Madison
MLS #:202408256
Property Type:Business
Lot Dimensions:8603.1
Total Sq. Ft. :17,986
Semi-Annual Property Tax:$4,548
Mandatory HOA Fee:$
Total Sq. Ft.:17,986
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Additional Phone (317) 954-4768
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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
243
Avg. DOM
$172.52
Avg. $ / Sq.Ft.
$ 268,500
Med. List Price
The house prices in Madison are indeed dropping at the moment. There has been a decrease in price of $114,716.67. 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 Down. The average house price is $310,000.00 and the average price per square feet is $177.29 per square feet. At the moment, the amount of homes listed is exactly 44 houses, with 16 with active status, 5 with pending status and 23 sold in Madison .
The most popular place to buy a home in Madison is 13-Indiana. 13-Indiana 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 $1,346.67. 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 83 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 1802 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 2068.81 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.