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(SOLD) $350,000

426 E Main Street Madison, IN  47250

  • 3 Beds
  • 4 Baths
  • 3,040 sq. Ft

Property Description for 426 E Main Street Madison, IN 47250

Welcome Home! This Beautiful brick federal style home is located in the historical district of downtown Madison Indiana. This home features 3 bedrooms with a possible 4, 2 full baths, and 2 half baths. The home is located just minutes from the Ohio River, within walking distance to the river, festivals, shopping and dining.

Address:426 E Main Street Madison IN 47250
Status:Sold
Sold On: 1/31/2023
Price:$399,900
Bedrooms:3 Beds
Bathrooms:2 Full Baths, 2 Half Baths
Sq. Feet:3,040
Year Built:1900
Lot Size:0.04
County: Jefferson
Township: Madison
MLS #:21957257
Property Type:Single Family Residence
Buyer Broker Compensation: 2%
Any compensation may only be paid to a licensed real estate broker.

Lot Dimensions:1824
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,216
Upper Level Sq. Ft. :1,216
Total Sq. Ft. :3,040
Basement:Yes

Loan Price
$2,192
Price And Interest $1,826/month
Property Tax $220/month
MTG INS $0/month
HOME INS $146/month
Price
$350,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$220/month
Home Owner Insurance
$1,752 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom 15.9 x 15.3 Main
Bedroom 2 15.6 x 14.8 Upper
Bedroom 3 14.9 x 14.3 Upper
Library 13.4 x 11.7 Main
Dining Room 15.7 x 13.6 Main
Kitchen 15.7 x 13.2 Main
Living Room 17.8 x 14.6 Main

Semi-Annual Property Tax:$1,317
Tax Year:2022
Mandatory HOA Fee:$

Area: 3906 - Jefferson - Madison
City:Madison
Subdivision: No Subdivision
Zip Code:47250

Total Sq. Ft.:3,040
Interior Features:Bath Sinks Double Main, Built In Book Shelves, Walk-in Closet(s)
Eating Area(s):Dining Combo/Family Room
Appliances:Electric Cooktop, Dishwasher, Electric Oven, Refrigerator
Exterior Type:Brick
Cool:Central Electric
Heat:Forced Air
Water Heater:Electric Cooktop, Dishwasher, Electric Oven, Refrigerator
Total Rooms:14
Kennita Heseman, REALTOR®/Broker, F. C. Tucker Company
Kennita Heseman
Phone (812) 212-6347
Additional Phone (812) 352-6300
F.C. Tucker Company

Schools in 426 E Main Street Madison, IN  47250


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Listing provided courtesy of Kennita Heseman with F.C. Tucker Real Estate Expert from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 12/19/2023 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.



Madison Market Report

189
Avg. DOM
$183.04
Avg. $ / Sq.Ft.
$ 210,000
Med. List Price

The house prices in Madison are indeed dropping at the moment. There has been a decrease in price of $7,333.33. 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 $249,950.00 and the average price per square feet is $186.16 per square feet. At the moment, the amount of homes listed is exactly 41 houses, with 12 with active status, 2 with pending status and 27 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 $1,345.33. 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 87 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 4946 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 1650.92 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.