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(SOLD) $364,000

309 Elm Street Madison, IN  47250

  • 3 Beds
  • 2 Baths
  • 2,016 sq. Ft

Property Description for 309 Elm Street Madison, IN 47250

Heart of Madison. Enjoy the convenient location for the amenities of downtown living. Block off Main and two blocks from Madison River front. Double parlor with original doors and beautiful woodwork. Large Rooms. Open Staircase. Eat-In kitchen with all appliances as well as a formal dining room. The two story brick well maintained home also features a large brick patio, inviting screen porch and two car carport with 24.3 x 6 storage. Access to brick patio from carport giving room for a golf cart. Several updates to the home as seen in attachment. Home is presently used as a Air B & B.

Address:309 Elm Street Madison IN 47250
Status:Sold
Sold On: 1/16/2024
Price:$364,000
Bedrooms:3 Beds
Bathrooms:1 Full Baths, 1 Half Baths
Sq. Feet:2,016
Year Built:1900
Lot Size:0.08
County: Jefferson_IN
Township: Madison
MLS #:2023011900
Property Type:Residential

Lot Dimensions:3484.8
Zoning:Residential, Historic Dist
Water Source:Connected, Public
Directions:Main Street to Elm Street. Turn South. Home on the West Side of Elm before Second Street
Upper Level Sq. Ft. :2,016
Total Sq. Ft. :2,016
Sq. Ft. Source:Assessor
Basement:Yes

Loan Price
$2,301
Price And Interest $1,899/month
Property Tax $250/month
MTG INS $0/month
HOME INS $152/month
Price
$364,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$250/month
Home Owner Insurance
$1,824 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Other 3.3 x 5.1 First
Other 9.11 x 15.9 First
HalfBath 3.3 x 5.11 First
FullBath 8 x 10.8 Second
Bedroom 12.7 x 14.8 Second
Bedroom 11.7 x 15.4 Second
Bedroom 15.5 x 14.9 Second
Kitchen 12.1 x 14.9 First
DiningRoom 15.5 x 11.5 First
FamilyRoom 15.5 x 14.8 First
LivingRoom 15.5 x 15.8 First

Semi-Annual Property Tax:$1,500
Mandatory HOA Fee:$

Area: Downtown
City:Madison
Zip Code:47250

Total Sq. Ft.:2,016
Interior Features:CeramicBath, CeilingFans, SeparateFormalDiningRoom, EatinKitchen, KitchenIsland, UtilityRoom
Appliances:Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, WaterSoftener
Porch / Patio:Enclosed, Patio, Porch, Screened
Exterior Features:EnclosedPorch, Fence, Landscaping, Patio
Exterior Type:Brick, VinylSiding, Frame
Cool:CentralAir, WindowUnits, WallWindowUnits
Heat:ForcedAir, HeatPump, Radiant
Total Rooms:11
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schools in 309 Elm Street Madison, IN  47250


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Listing provided courtesy of Brenda Eversole with Century 21 River Valley

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

165
Avg. DOM
$200.49
Avg. $ / Sq.Ft.
$ 285,000
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 2560 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.