308 E Third Street, Madison, IN 47250
Property image
Property image
FOR SALE

308 E Third Street
Madison, IN 47250

  • 5 Beds
  • 3.5 Baths
  • 3,252 sqft

$485,000

Est. Mortgage $2,833/mo*

$485,000

Est. Mortgage $2,833/mo*
5 Beds
3.5 Baths
3,252 sqft
We estimate this home will sell faster than 96% nearby.

Home Highlights

Price/Sqft
$149
Listed
32 days ago
Climate Control
Heat Pump & Central Air

Local Information

  • Map ViewExplore the area around 308 E Third Street.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Outstanding Home in the heart of Downtown Madison! This home has a highly sought after primary suite, laundry, guest half bath, updated Kitchen and living areas on the main floor! Upstairs there are large and inviting 4 bedrooms and 2 bathrooms for family or guests and a great, dry basement for utilities and extra storage. Outside you will find the rare off street parking for downtown, tool/toy barn with room for outdoor entertainment or future garage! The historic details have been preserved with loads of updates. Historic Madison has been titled yet another award for outstanding living! Golf Cart around town, enjoy all the music and art festivals throughout the year and cruise on the river at your leisure! Schedule a showing today! ***All photographs and details are NOT AI generated.
Last check for updates: about 1 hour ago
Listing courtesy of Robin Mingione
eXp Realty, LLC
Originating MLS: Southern Indiana REALTORS Association
Source: SIRA, MLS#2026010293
Also Listed on SIRA, eXp Realty.
We estimate this home will sell faster than 96% nearby.

Home Details for 308 E Third Street

Interior Features

Interior Details
Basement: Sump PumpNumber of Rooms: 10Types of Rooms: Master Bedroom, Bedroom, Dining Room, Family Room, Kitchen, Living Room, Other
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 3252 Square Feet
Appliances & Utilities
Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Water Softener, WasherDishwasherDisposalDryerLaundry: Main Level,Laundry RoomMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Heat PumpHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Heat Pump
Fireplace & Spa
Number of Fireplaces: 4Fireplace: Decorative, GasHas a Fireplace
Windows, Doors, Floors & Walls
Window: Blinds, Thermal Windows
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Roof: ShingleOther Structures: Shed(s), GazeboExterior: LandscapingFoundation: Stone, Cellar
Parking & Garage
Other Parking: Off StreetNo Garage
Frontage
Road Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 3252 Square Feet

Days on Market

Cumulative Days on Market: 1Days on Market: 32

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Two Story
Building
Construction Materials: Brick, Frame, Wood SidingNot a New Construction
Property Information
Condition: ResaleParcel Number: 391302122064000007

Price & Status

Price
List Price: $485,000Price Per Sqft: $149
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Location

Direction & Address
City: Madison

Agent Information

Listing Agent
Listing ID: 2026010293

Building

Building Area
Building Area: 3252 Square Feet

Community

Community Features: Sidewalks

HOA

Association for this Listing: Southern Indiana REALTORS Association

Lot Information

Lot Area: 4791.6 sqft

Offer

Listing Terms: Cash, Conventional, FHA, USDA Loan, VA Loan

Miscellaneous

BasementMls Number: 2026010293Living Area Range Units: Square FeetAttribution Contact: 888-611-3912Above Grade Unfinished Area: 3252Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area: 779Below Grade Unfinished Area Units: Square FeetUniversal Property Id: US-18077-N-391302122064000007-R-N

Additional Information

SidewalksDays On Market Replication: 1

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
$459K
Since last month
Decreased$9K (-1.8%)
Since last year
Increased$12K (+2.7%)
Since last sale
Increased$66K (+16.6%)
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 +191% in the last 10 years
MonthEstimated value
2026
August 2026$466K
July 2026$475K
June 2026$479K
May 2026$472K
April 2026$462K
March 2026$462K
February 2026$448K
January 2026$440K
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
0.06
Single-Family Home
$527,500
11/14/25
5
4.5
4,539
0.14
Single-Family Home
$405,000
11/07/25
4
3
3,040
0.19
Single-Family Home
$240,000
12/18/25
4
5
3,716
0.20
Single-Family Home
$487,500
08/10/26
5
4
4,296
0.26
Single-Family Home
$329,000
03/20/26
4
2.5
2,574
0.04
Single-Family Home
$330,000
02/11/26
3
2
2,124
0.33
Single-Family Home
$470,000
05/04/26
5
3
2,516
0.33
Single-Family Home
$429,900
11/26/25
3
3
2,223
0.14
Single-Family Home
$305,000
05/22/26
3
3
3,312
0.41
Single-Family Home
$485,000
01/29/26
4
3
4,074

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
0.01
$238,200
2
1
954
Off Market
0.03
$49,000
-
-
-
Recently Sold
0.08
$916,000
2
4
12,936
Recently Sold
0.04
$330,000
3
2
2,124
Recently Sold
0.06
$222,600
2
2
1,164
Off Market
0.06
$527,500
5
4.5
4,539
Recently Sold
0.07
$354,900
4
2.5
2,652
For Sale
0.11
$515,000
12
3
4,960
For Sale
0.08
$179,600
3
1
1,125
Off Market
0.09
$90,000
4
3
2,860
Recently Sold
0.14
$330,700
3
1.5
2,112
Off Market

Price and Tax history

DateEventPrice
Jul 20, 2026
Source: SIRA #2026010293
Listed For Sale
$485,000
Jun 24, 2022
Source: SIRA #202205089
Sold
$400,000
Feb 19, 2022
Source: SIRA #202205089
PriceChange
$424,900
Price decreased by 3%
Jan 5, 2022
Source: SIRA #202205089
Listed For Sale
$439,900
Oct 1, 2017
Source: Agent Provided
ListingRemoved
$144,900

LGBTQ Local Legal Protections

Robin Mingione, eXp Realty, LLC
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 308 E Third Street

  • What is the estimated monthly payment for 308 E Third Street?
    Based on a $485,000 list price with 20% down at today's rates, the estimated monthly payment for 308 E Third Street in Madison, IN is approximately $2,884 (about $2,542 principal & interest, $267 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 308 E Third Street?
    The closest schools to 308 E Third 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 308 E Third Street estimated to be worth?
    Trulia's estimated value for 308 E Third Street in Madison, IN is $458,600.
  • Does 308 E Third Street have air conditioning?
    Yes, 308 E Third Street in Madison, IN has air conditioning.
  • Does 308 E Third Street have laundry facilities?
    Yes, 308 E Third Street in Madison, IN has in-unit laundry.
308 E Third Street, Madison, IN 47250 is a 5 bedroom, 4 bathroom, 3,252 sqft single-family home built in 1900. This property is currently available for sale and was listed by SIRA on Jul 20, 2026. The MLS # for this home is MLS# 2026010293.