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$3,884
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$650,000
510 W Main Street Madison, IN 47250
- 5 Beds
- 6 Baths
- 3,080 sq. Ft
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Property Description for 510 W Main Street Madison, IN 47250
Introducing a 5 bed, 6 bath B & B in Madison, IN. This establishment boasts character, offering a unique opportunity for innkeepers and seasoned investors alike. Nestled in this small town, this B & B is a true gem. From the stunning porch on BOTH levels to the meticulously crafted woodwork, every detail exudes charm and authenticity. Steeped in history, this town attracts visitors from far and wide who appreciate its preservation of heritage. This B & B also offers business potential as well as an untapped market-AirBNB. The owner has never branched out into the AirBNB or VRBO world, thus providing an immediate value add opportunity through basic marketing! Take advantage of the consistent flow of tourists, history enthusiasts, and weekend escapists who flock to Madison throughout the year. With well-appointed rooms, cozy common areas, and meticulous attention to detail, guests will feel transported to a bygone era of comfort and elegance. The beautifully landscaped garden provides a tranquil retreat. Seize this extraordinary opportunity to own a B & B that epitomizes the spirit of Madison. Embrace the charm, embark on a remarkable business venture, and become an integral part of Madison's flourishing tourism industry. Don't miss your chance to make this exceptional B & B your own and create an unforgettable experience for guests. Reach out now to secure your place in Madison's history and embark on an exciting journey into the world of hospitality.
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Address:510 W Main Street Madison IN 47250
Status:Active
on site: 432 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_IN
Township: Madison
MLS #:2023010864
Property Type:Residential
Lot Dimensions:5227.2
Zoning:Historic District
Water Source:Connected, Public
Directions:Located on the north side of Main St in downtown Madison, IN
Upper Level Sq. Ft. :3,080
Total Sq. Ft. :3,080
Sq. Ft. Source:Assessor
Basement:Yes
Semi-Annual Property Tax:$1,331
Mandatory HOA Fee:$
Total Sq. Ft.:3,080
Fireplace(s):Electric, WoodBurning
Cool:CentralAir
Heat:ForcedAir
Tucker Customer Care
Additional Phone (317) 954-4768
Email customerservice@talktotucker.com
F.C. Tucker Company
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Listing provided courtesy of Andrew Wisdom with Keller Williams Realty-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 2564 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.