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$650,000

510 W Main St Madison, IN  47250

  • 5 Beds
  • 6 Baths
  • 3,080 sq. Ft

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Property Description for 510 W Main St Madison, IN 47250

Introducing a remarkable 5 bedroom, 6 bathroom bed and breakfast in the charming town of Madison, IN, where history and hospitality converge. This captivating establishment boasts an abundance of character, offering a unique opportunity for aspiring innkeepers and seasoned investors alike. Step into a world of nostalgia and warm hospitality as you embark on a journey through time. Nestled in this picturesque small town, this bed and breakfast is a true gem. Its rich heritage and distinctive architectural features will captivate all who enter. Each room tells a story, which entices the customers to continue to come back and experience the various different rooms-a GREAT business model. From the stunning porch on BOTH levels to the meticulously crafted woodwork, every detail exudes timeless

Address:510 W Main St Madison IN 47250
Status:Active
on site: 433 days
Price:$650,000
Bedrooms:5 Beds
Bathrooms:5 Full Baths, 1 Half Baths
Sq. Feet:3,080
Year Built:1833
Lot Size:0.12
County: Jefferson
MLS #:1647070
Property Type:Single Family Residence

Lot Dimensions:5227.2
Utility Options:0, 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59
Building Utilities:Electricity Connected, Fuel:Natural, Public Sewer, Public Water
Directions:I-71 to Exit 34 towards Bedford.Follow US-421 north to Madison. House is on the north side of Main St.
Abv. Grnd. Sq. Ft. :3,080
Total Sq. Ft. :3,080

Loan Price
$3,662
Price And Interest $3,391/month
Property Tax $0/month
MTG INS $0/month
HOME INS $271/month
Price
$650,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$3,252 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Half Bathroom First
Bedroom First
Full Bathroom First
Kitchen First
Sitting Room First
Dining Room First
Foyer First
Sitting Room Second
Bedroom Second
Full Bathroom Second
Bedroom Second
Full Bathroom Second
Bedroom Second
Full Bathroom Second
Bedroom Second
Full Bathroom Second

Mandatory HOA Fee:$

Area: 12-Other Counties
City:Madison
Subdivision: NONE
Zip Code:47250

Total Sq. Ft.:3,080
Exterior Features:Porch, Balcony
Exterior Type:Brick
Cool:Central Air
Heat:Forced Air
Total Rooms:16
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of WSG Homes and Drew Wisdom with Keller Williams Louisville East

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 2290 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.