Is a car needed in Madison, IN?

As of early 2026, 87% of users say car is needed

Is Madison, IN dog-friendly?

As of early 2026, 79% of users say it's dog friendly

Are yards well-kept in Madison, IN?

As of early 2026, 79% of users say yards are well-kept

Does Madison, IN show holiday spirit?

As of early 2026, 78% of users say there's holiday spirit

Would people walk alone at night in Madison, IN?

As of early 2026, 77% of users say people would walk alone at night

Is there wildlife in Madison, IN?

As of early 2026, 68% of users say there's wildlife

Is parking easy in Madison, IN?

As of early 2026, 67% of users say parking is easy

Do kids play outside in Madison, IN?

As of early 2026, 59% of users say kids play outside

Is Madison, IN quiet?

As of early 2026, 56% of users say it's quiet

Does Madison, IN have sidewalks?

As of early 2026, 55% of users say there are sidewalks

Are neighbors friendly in Madison, IN?

As of early 2026, 53% of users say neighbors are friendly

Do residents of Madison, IN plan to stay at least 5 years?

As of early 2026, 48% of users say they plan to stay for at least 5 years

Are the streets well-lit in Madison, IN?

As of early 2026, 47% of users say streets are well-lit

Is Madison, IN walkable to restaurants?

As of early 2026, 44% of users say it's walkable to restaurants

Are there community events in Madison, IN?

As of early 2026, 33% of users say there are community events

Is Madison, IN walkable to grocery stores?

As of early 2026, 28% of users say it's walkable to grocery stores

What is 307 E 5th St estimated to be worth?

Trulia's estimated value for 307 E 5th St in Madison, IN is $116,000 .

What is the price history for 307 E 5th St?

307 E 5th St in Madison, IN last sold for $20,160 in November 2009.

Is Madison a buyer's or seller's market?

Madison is currently a buyer's market, based on recent for-sale activity.

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 recently sold homes in Madison, IN .

Does 307 E 5th St have air conditioning?

Yes, 307 E 5th St in Madison, IN has air conditioning.

How big is the lot at 307 E 5th St?

The lot at 307 E 5th St in Madison, IN is about 0.03 acres (1,437 sq ft).

OFF MARKET

$116,000

Trulia Estimate

1 Bed
1 Bath
1,008 sqft

307 E 5th St, Madison, IN 47250

Est. Refi. Payment $732/mo*

Refinance Your Home

Currently Off Market - Sold Nov 19, 2009 for $20,160

Home Value

Trulia Estimate

$116K

Since last month

$3K (+2.3%)

Since last year

$13K (+12.4%)

Since last sale

$95K (+469.9%)

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 +195% in the last 10 years

Month	Estimated value
2026
August 2026	$115K
July 2026	$112K
June 2026	$121K
May 2026	$116K
April 2026	$115K
March 2026	$106K
February 2026	$93K
January 2026	$89K
2025
December 2025	$95K
November 2025	$90K
October 2025	$102K
September 2025	$101K
August 2025	$102K
July 2025	$103K
June 2025	$109K
May 2025	$106K
April 2025	$104K
March 2025	$102K
February 2025	$101K
January 2025	$98K
2024
December 2024	$99K
November 2024	$102K
October 2024	$96K
September 2024	$98K
August 2024	$100K
July 2024	$104K
June 2024	$103K
May 2024	$101K
April 2024	$97K
March 2024	$96K
February 2024	$92K
January 2024	$89K
2023
December 2023	$83K
November 2023	$88K
October 2023	$84K
September 2023	$88K
August 2023	$87K
July 2023	$93K
June 2023	$85K
May 2023	$81K
April 2023	$77K
March 2023	$73K
February 2023	$68K
January 2023	$67K
2022
December 2022	$69K
November 2022	$72K
October 2022	$73K
September 2022	$73K
August 2022	$73K
July 2022	$72K
June 2022	$70K
May 2022	$71K
April 2022	$71K
March 2022	$73K
February 2022	$63K
January 2022	$63K
2021
December 2021	$60K
November 2021	$59K
October 2021	$56K
September 2021	$55K
August 2021	$55K
July 2021	$54K
June 2021	$54K
2020
October 2020	$49K
September 2020	$49K
August 2020	$46K
July 2020	$45K
2019
October 2019	$60K
September 2019	$61K
August 2019	$59K
July 2019	$53K
June 2019	$53K
May 2019	$51K
April 2019	$49K
March 2019	$49K
February 2019	$51K
January 2019	$48K
2018
December 2018	$48K
November 2018	$47K
October 2018	$48K
September 2018	$51K
August 2018	$52K
July 2018	$53K
June 2018	$47K
May 2018	$47K
April 2018	$47K
March 2018	$48K
February 2018	$49K
January 2018	$49K
2017
December 2017	$47K
November 2017	$52K
October 2017	$47K
September 2017	$48K
August 2017	$50K
July 2017	$45K
June 2017	$46K
May 2017	$42K
April 2017	$35K
March 2017	$35K
February 2017	$35K
January 2017	$38K
2016
December 2016	$39K
November 2016	$41K
October 2016	$36K
September 2016	$42K
August 2016	$39K

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
313 Walnut St, Madison, IN	0.29	Single-Family Home	$100,900	08/10/26	3	2	1,696

Home facts updated by county records

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
313 E 5th St, Madison, IN 47250	0.02	$175,800	2	2	1,362	Off Market
319 E 5th St, Madison, IN 47250	0.03	$173,600	3	1	1,038	Off Market
707 Walnut Street, Madison, IN 47250	0.04	$129,000	Studio	-	647	For Sale
801 Walnut St, Madison, IN 47250	0.06	$227,200	5	2	2,765	Off Market
716 Saddle Tree Ln, Madison, IN 47250	0.12	$118,500	2	1	952	Off Market
711 N Walnut St, Madison, IN 47250	0.04	$147,500	1	1	1,103	Off Market
305 E 5th St, Madison, IN 47250	0.00	-	2	1	800	Off Market
739 Jefferson St, Madison, IN 47250	0.12	-	Studio	1	1,088	Off Market
108 Milton St, Madison, IN 47250	0.06	$183,000	3	2	1,224	Off Market
611 Jefferson St, Madison, IN 47250	0.07	$214,600	1	2	1,400	Off Market
613 Jefferson St, Madison, IN 47250	0.06	$264,900	2	2	1,400	Off Market
607 Jefferson St, Madison, IN 47250	0.07	$225,700	3	1.5	1,424	Off Market

Local Information

Map ViewExplore the area around 307 E 5th St.
Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
Shop & Eat

-- mins to

Commute Destination

Home Highlights

Property Type

Single-Family Home

Year Built

1900

Living Area

1,008 sqft

Price/Sqft

$115

About this House

Charming 1 bed/1 bath home within walking distance of historical downtown Madison’s Main Street. This house was originally the parsonage for the AME Church next door (no longer an active church). New furnace and central air installed two years ago. Fresh paint. Wood floors. Full basement. Small fenced yard. Priced right!

307 E 5th St, Madison, IN 47250 is a 1 bedroom, 1 bathroom, 1,008 sqft single-family home built in 1900. It last sold for $20,160 on Nov 19, 2009. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $116,000, with a rent estimate of $1,076/month.

Home Details for 307 E 5th St

Interior Features
Interior Details BasementNumber of Rooms: 5
Heating & Cooling Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility Stories: 2Floors: Hardwood
Appliances & Utilities DishwasherRefrigerator

Exterior Features
Exterior Home Features Roof: AsphaltExterior: BrickFoundation Type: Crawl Raised

Property Information
Year Built Year Built: 1900
Property Type / Style Property Type: Single Family Home

Lot Information
Lot Area: 1437 sqft

Price and Tax history

Date	Event	Price
Mar 24, 2021 Source: N/A	ListingRemoved
Feb 8, 2018 Source: N/A	ListingRemoved	$55,000
Nov 10, 2017 Source: N/A	Listed For Sale	$55,000
Nov 19, 2009 Source: N/A	Sold	$20,160
Oct 25, 2009 Source: Agent Provided	PriceChange	$25,900 Price decreased by 4%
Sep 21, 2009 Source: Agent Provided	PriceChange	$26,900 Price increased by 0%
Sep 6, 2009 Source: Agent Provided	Listed For Sale	$0

Year	Property tax	Tax assessment
2025	$882	$47,300

Additional Cost

Market trends in Madison

Last updated July 2026

Avg. sale price

—

Sale-to-List Price

—

Price per sq ft

—

Available listings

102

9MoM

Around this home

Lydia Middleton Elementary School
PK-4
Public
333 Students
Madison Consolidated Schools
6/10
GreatSchools Rating
Parent Rating Average
Teachers and my grandchildren seem to have very good communication.The teachers make the difference. My only concern at this point is sending 5th graders to middle school at the junior high. This is a mistake for this size community, in my opinion. But that is not this school's fault!
Parent Review
10y ago
4 Reviews

View nearby schools on GreatSchools

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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
Resident
1y ago
"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"
0
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Kaylee H.
Resident
6y ago
"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. "
4
Flag
Quenton T.
Resident
6y ago
"Wonderful place to live. Small Town life with larger city amenities. Quiet and peaceful with a vibrant community. "
0
Flag
Samvin107
Resident
6y ago
"There’s quite a few families and a church a block away and a nursing home next to the church. Very quiet neighborhood "
0
Flag
Pam T. W.
Resident
7y ago
"Lots of music almost every weekend in the summer. Great little shops on Main Street. Lovely river walk. Everyone makes you feel welcome. "
0
Flag
Robert Danehy
Resident
7y ago
"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!!"
4
Flag
Robert Danehy
Resident
7y ago
"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."
0
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Jessica D.
Resident
7y ago
"My neighborhood is pretty quiet. There are a few stray cats but nothing major. I am close to shopping and restaurants. "
0
Flag
Aschmidlapprn11
Resident
7y ago
"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. "
1
Flag
Aschmidlapprn11
Resident
7y ago
"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"
1
Flag
Ericanapier05
Resident
7y ago
"Beautiful scenery, great neighborhood, close to town, wildlife, low traffic. Good school selection public and private. "
0
Flag
Cotydunn05
Resident
8y ago
"This neighborhood sits back away from busier roads. A nice little cul-de-sac where kids play and people wave! "
2
Flag
Ambergaraas1976
Resident
8y ago
"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. "
0
Flag
Ambergaraas1976
Resident
8y ago
"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. "
0
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LGBTQ Local Legal Protections

Frequently asked questions about 307 E 5th St

What is 307 E 5th St estimated to be worth?
Trulia's estimated value for 307 E 5th St in Madison, IN is $116,000.
What is the price history for 307 E 5th St?
307 E 5th St in Madison, IN last sold for $20,160 in November 2009.
Is Madison a buyer's or seller's market?
Madison is currently a buyer's market, based on recent for-sale activity.
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 recently sold homes in Madison, IN.
Does 307 E 5th St have air conditioning?
Yes, 307 E 5th St in Madison, IN has air conditioning.
How big is the lot at 307 E 5th St?
The lot at 307 E 5th St in Madison, IN is about 0.03 acres (1,437 sq ft).