115 Walnut Street, Madison, IN 47250
Property image
Property image
FOR SALE

$264,900

Original price: $274,900
  • 3 Beds
  • 2 Baths
  • 1,668 sqft

115 Walnut Street, Madison, IN 47250

Est. Mortgage $1,590/mo*
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Home Highlights

Single-Family Home
Built in 1870
$159/sqft

Local Information

  • Map ViewExplore the area around 115 Walnut Street.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Built around 1870, this charming 2-story Federal-style brick home is located in the heart of downtown Madison, just half a block from the Ohio River and outside the flood plain. Offering 1,668 sq ft, the home features 3–4 bedrooms and 2 full baths, blending timeless historic character with everyday convenience. Enjoy being within walking distance—or a quick golf cart ride—to local shops, dining, parks, festivals, and events.

Inside, you’ll find spacious living areas filled with natural light and classic architectural details. The flexible layout allows for everyday living on the main level with additional space upstairs for guests. Recent updates, including a newer roof, windows, and water heater, add peace of mind while leaving room to make it your own.

Outside, the low-maintenance yard includes a storage shed, with all appliances, blinds, and even lawn equipment included. Whether you're searching for a full-time residence, weekend retreat, or investment opportunity, this downtown gem offers location, charm, and versatility!
Last check for updates: about 2 hours ago
Listing courtesy of Tony Bilz
F.C. Tucker/Scott Lynch Group
Originating MLS: Southern Indiana REALTORS Association
Source: SIRA, MLS#202606836
Also Listed on SIRA.

Home Details for 115 Walnut Street

Interior Features

Interior Details
Basement: PartialNumber of Rooms: 9Types of Rooms: Master Bedroom, Bedroom, Full Bath, Kitchen, Living Room, Other
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1668 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Self Cleaning OvenDishwasherDisposalLaundry: Main Level,Laundry RoomMicrowaveRefrigerator
Heating & Cooling
Heating: Heat PumpHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Heat Pump
Fireplace & Spa
No Fireplace
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Roof: Metal
Parking & Garage
Other Parking: On StreetNo Garage
Frontage
Road Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1668 Square Feet

Days on Market

Cumulative Days on Market: 92Days on Market: 170

Property Information

Year Built
Year Built: 1870
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Historic/Antique,Two Story
Building
Construction Materials: BrickNot a New Construction
Property Information
Condition: ResaleParcel Number: 391302113003000007

Price & Status

Price
List Price: $264,900Price Per Sqft: $159
Status Change & Dates
Possession Timing: Close Plus 30 Days

Active Status

MLS Status: Active

Location

Direction & Address
City: Madison

Agent Information

Listing Agent
Listing ID: 202606836

Building

Building Area
Building Area: 1668 Square Feet

Community

Community Features: Sidewalks

HOA

Association for this Listing: Southern Indiana REALTORS Association

Lot Information

Lot Area: 2613.6 sqft

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Miscellaneous

BasementMls Number: 202606836Living Area Range Units: Square FeetAttribution Contact: 812-265-3122Above Grade Unfinished Area: 1668Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-18077-N-391302113003000007-R-N

Additional Information

SidewalksDays On Market Replication: 92

What Locals Say about Madison

At least 44 Trulia users voted on each feature.
  • 87 % Say car is needed

  • 79 % Say it's dog friendly

  • 79 % Say yards are well-kept

  • 78 % Say there's holiday spirit

  • 77 % Say people would walk alone at night

  • 68 % Say there's wildlife

  • 67 % Say parking is easy

  • 59 % Say kids play outside

  • 56 % Say it's quiet

  • 55 % Say there are sidewalks

  • 53 % Say neighbors are friendly

  • 48 % Say they plan to stay for at least 5 years

  • 47 % Say streets are well-lit

  • 44 % Say it's walkable to restaurants

  • 33 % Say there are community events

  • 28 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Colemoederzoon3
    "Very touristy, very historical. Very quaint lots of festivals year round. Theres a lot of good people in this town. Homes are quite expensive though. Road maintenance could help out"
  • Kaylee H.
    "A great well rounded community and very great place to live. Schooling is amazing and there are so many activities that family can do and many different attractions for people from outside of town. "
  • Quenton T.
    "Wonderful place to live. Small Town life with larger city amenities. Quiet and peaceful with a vibrant community. "
  • Samvin107
    "There’s quite a few families and a church a block away and a nursing home next to the church. Very quiet neighborhood "
  • Pam T. W.
    "Lots of music almost every weekend in the summer. Great little shops on Main Street. Lovely river walk. Everyone makes you feel welcome. "
  • Robert Danehy
    "Most beautiful historical society in the country! People are the friendliest that you will ever meet. Gorgeous River Front. Best Festival's in the country in the Summer. 5 different Schools.. About 69 of the most beautiful church's you ever seen. Moved here 2 years ago and now i don't ever want to leave!!"
  • Robert Danehy
    "Madison is the most beautiful historical society in the country! An the people here are the most friendly that you will ever meet. Church's beautiful church's. Fine Dinning. Choice of Schools. Most beautiful River Front in the state! Nite life is fantastic. None tru out the country for are festivals. An about 40 minutes each way Cincinnati to the East an Louisville to the West. Parks for kids everywhere."
  • Jessica D.
    "My neighborhood is pretty quiet. There are a few stray cats but nothing major. I am close to shopping and restaurants. "
  • Aschmidlapprn11
    "There are lots of sidewalks to walk the dogs on. There is a walkway around the lake near our house as well so it is healthy and fun for them and us as well. "
  • Aschmidlapprn11
    "We have lived here for 5 years and we are within a few minutes of everything. We are close to schools, shopping, restaurants and parks"
  • Ericanapier05
    "Beautiful scenery, great neighborhood, close to town, wildlife, low traffic. Good school selection public and private. "
  • Cotydunn05
    "This neighborhood sits back away from busier roads. A nice little cul-de-sac where kids play and people wave! "
  • Ambergaraas1976
    "It is quiet and is within walking distance to Clifty Park. It is the perfect place to walk the dogs because there are little to no sidewalks in this town. "
  • Ambergaraas1976
    "It is within walking distance to Clifty Falls state park. Since this town has very few sidewalks it is nice to take the dogs there to walk without a lot of traffic. "

Market trends in Madison

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
102
9
MoM

Home Value

Trulia Estimate
$257K
Since last month
Increased$5K (+1.9%)
Since last year
Increased$51K (+24.6%)
Since last sale
Increased$151K (+142.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +155% in the last 10 years
MonthEstimated value
2026
September 2026$257K
August 2026$251K
July 2026$252K
June 2026$254K
May 2026$264K
April 2026$264K
March 2026$271K
February 2026$203K
January 2026$205K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.14
Single-Family Home
$200,000
06/12/26
3
2
1,985
0.27
Single-Family Home
$225,000
06/11/26
3
1.5
2,318
0.33
Single-Family Home
$120,300
12/12/25
3
1
1,632
0.36
Single-Family Home
$310,000
03/13/26
3
2
1,680
0.30
Single-Family Home
$330,000
02/11/26
3
2
2,124
0.09
Single-Family Home
$325,000
08/31/26
2
2
1,152
0.33
Single-Family Home
$360,000
08/26/26
3
2
2,336
0.13
Single-Family Home
$305,000
05/22/26
3
3
3,312
0.16
Single-Family Home
$327,500
05/08/26
2
1.5
1,926

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.02
$272,300
2
1
1,247
Off Market
0.01
$390,000
2
1
1,261
Recently Sold
0.02
$211,100
1
1
699
Off Market
0.09
$286,200
2
1.5
1,404
Off Market
0.10
$387,900
3
2.5
2,462
For Sale
0.11
$487,500
5
4
4,296
Recently Sold
0.10
$516,400
5
4
3,270
Off Market
0.11
$374,800
3
2
1,320
Off Market
0.09
$325,000
2
2
1,152
Recently Sold
0.13
$305,000
3
3
3,312
Recently Sold
0.13
$240,000
4
5
3,716
Recently Sold

Price and Tax history

DateEventPrice
Jun 8, 2026
Source: SIRA #202606836
PriceChange
$264,900
Price decreased by 4%
Mar 23, 2026
Source: SIRA #202606836
Listed For Sale
$274,900
Jun 5, 2009
Source: N/A
Sold
$106,052

LGBTQ Local Legal Protections

Tony Bilz, F.C. Tucker/Scott Lynch Group
IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.

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Frequently asked questions about 115 Walnut Street

  • What is the estimated monthly payment for 115 Walnut Street?
    Based on a $264,900 list price with 20% down at today's rates, the estimated monthly payment for 115 Walnut Street in Madison, IN is approximately $1,633 (about $1,412 principal & interest, $146 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What do residents say about Madison?
    Residents describe Madison, IN as dog-friendly, well-kept, and easy to park in. Most residents say you need a car. See homes for sale in Madison, IN.
  • What are the closest schools to 115 Walnut Street?
    The closest schools to 115 Walnut Street in Madison, IN are Lydia Middleton Elementary School (Pre-K, rated 6/10), Madison Consolidated High School (rated 6/10), Madison Consolidated Jr High School (Elementary, rated 6/10).
  • What is 115 Walnut Street estimated to be worth?
    Trulia's estimated value for 115 Walnut Street in Madison, IN is $257,000.
  • Does 115 Walnut Street have air conditioning?
    Yes, 115 Walnut Street in Madison, IN has air conditioning.
  • Does 115 Walnut Street have laundry facilities?
    Yes, 115 Walnut Street in Madison, IN has laundry facilities.
115 Walnut Street, Madison, IN 47250 is a 3 bedroom, 2 bathroom, 1,668 sqft single-family home built in 1870. This property is currently available for sale and was listed by SIRA on Mar 23, 2026. The MLS # for this home is MLS# 202606836.