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$625,000

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

Azalea Manor is her name and she stands deep in history and fanciful presentation! This home has well-preserved architectural features, as well as accommodating updates that bring this home into great function for a modern family. This Federal style home with Italianate updates boasts grant and large authentic windows, beautifully restored hard wood through much of the home, numerous period appropriate fixtures which hang from impressive plaster medallions. The kitchen enhances the home with a beautiful carved wall that is also a feature shared with the upper and lower verandas of the home. The abundant exterior woodwork has been painted recently! The kitchen has custom cabinetry with glass faced doors that are very attractive, as well as a gas range. The curved wall of the kitchen marries it to the lower veranda. The lower veranda extends to the upper floor via a nice rear stairwell, and is as large of porch-space to be found anywhere in residential downtown Madison. The porch area is living area of its own! The home has 5 bedrooms, each maintaining an en-suite full bath! The full brick exterior allows for low maintenance, as does the new metal roof on the home. The cellar is dry with great functionality, as is the large attic area. There are brand new HVAC systems at this home (2). There are 3 hot water heaters to provide amply! Don't miss a chance to consider this unique opportunity! Furnishings are a negotiable inclusion to this sale.

Address:510 W Main Street Madison IN 47250
Status:Active
on site: 336 days
Price:$625,000
Bedrooms:5 Beds
Bathrooms:5 Full Baths, 1 Half Baths
Sq. Feet:3,080
Year Built:1840
Lot Size:0.12
County: Jefferson_IN
Township: Madison
MLS #:202405190
Property Type:Residential

Lot Dimensions:5227.2
Road Surface:Paved
Zoning:Historic District
Water Source:Connected, Public
Directions:From Madison City Hall, go 5 blocks west on Main Street. Property is on the north side of Main.
Upper Level Sq. Ft. :3,080
Total Sq. Ft. :3,080
Sq. Ft. Source:Assessor
Basement:Yes

Loan Price
$3,742
Price And Interest $3,260/month
Property Tax $222/month
MTG INS $0/month
HOME INS $260/month
Price
$625,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$222/month
Home Owner Insurance
$3,120 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Bedroom 13.6 x 15 Second
Bedroom 17 x 18 Second
Bedroom 17 x 18 Second
Bedroom 13.6 x 15 First
Other 17 x 18 First
Other 17 x 18 First
Kitchen First

Semi-Annual Property Tax:$1,331
Mandatory HOA Fee:$

Area: Downtown
City:Madison
Subdivision: 2ND Add West
Zip Code:47250

Total Sq. Ft.:3,080
Interior Features:Attic, WetBar, Bookcases, CeilingFans, SeparateFormalDiningRoom, EntranceFoyer, EatinKitchen, KitchenIsland, BathinPrimaryBedroom, Pantry, SplitBedrooms, SeparateShower
Appliances:Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Washer
Porch / Patio:Balcony, Covered, Deck, Enclosed, Porch
Exterior Features:Balcony, Deck, Landscaping, Porch
Exterior Type:Brick
Fireplace(s):Decorative, Electric
Cool:CentralAir
Heat:ForcedAir
Total Rooms:7
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 Jessica Butler with Coldwell Banker Harrell & Asso

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 1554 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.