309 Jefferson St, Madison, IN 47250
Property image
Property image
OFF MARKET

309 Jefferson St
Madison, IN 47250

  • 3 Beds
  • 1.5 Baths
  • 2,112 sqft

$330,700

Trulia Estimate
as of Aug 25, 2026
Est. Refi. Payment $1,955/mo*
Refinance Your Home

$330,700

Trulia Estimate
as of Aug 25, 2026
Est. Refi. Payment $1,955/mo*
Refinance Your Home
3 Beds
1.5 Baths
2,112 sqft

Home Value

Trulia Estimate
$331K
Since last month
Increased$2K (+0.6%)
Since last year
Increased$10K (+3%)
Since last sale
Increased$12K (+3.6%)
Learn more about this home's value by checking out its Trulia Estimate and the value of nearby homes.

Trulia Estimate

The of this home's value increased by +237% in the last 10 years
MonthEstimated value
2026
August 2026$332K
July 2026$330K
June 2026$331K
May 2026$329K
April 2026$327K
March 2026$357K
February 2026$356K
January 2026$354K
2025
2024
2023
2022
2021
2020
2019
2018

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
420 Walnut St, Madison, IN 47250
0.17
$239,600
2
1.5
2,945
Off Market
2685 E 180 N, Madison, IN 47250
2.95
-
-
-
-
Off Market
310 Presbyterian Ave, Madison, IN 47250
0.40
-
-
-
-
Off Market
1627 Cragmont St, Madison, IN 47250
1.86
$99,400
-
0.5
1,400
Off Market

Local Information

  • Map ViewExplore the area around 309 Jefferson 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
1855
Living Area
2,112 sqft
Price/Sqft
$157
Parking
Open Parking
HOA
None

About this House

Located in the vibrant heart of downtown Madison, this 3 bedroom, 1.5 bath brick two-story offers charm, flexibility, and investment potential. The spacious living room and formal dining room with wood floors create a warm and inviting atmosphere, while the enclosed back patio provides privacy. Upstairs features three bedrooms, family room, and a full bath/utility. Currently set up as an Airbnb/short-term rental, this property is uniquely set up to allow commercial rental of the front downstairs area, while maintaining private living quarters at the rear and upper level. Whether you are looking for a primary residence, investment or both this property has it all. This property has been previously inspected and no major defects were found. Located in the vibrant heart of downtown Madison, this 3 bedroom, 1.5 bath brick two-story offers charm, flexibility, and investment potential. The spacious living room and formal dining room with wood floors create a warm and inviting atmosphere, while the enclosed back patio provides privacy. Upstairs features three bedrooms, family room, and a full bath/utility. Currently set up as an Airbnb/short-term rental, this property is uniquely set up to allow commercial rental of the front downstairs area, while maintaining private living quarters at the rear and upper level. Whether you are looking for a primary residence, investment or both this property has it all. This property has been previously inspected and no major defects were found. At a full price offer, seller will leave all furnishings.
309 Jefferson St, Madison, IN 47250 is a 3 bedroom, 2 bathroom, 2,112 sqft single-family home built in 1855. It last sold for $320,000 on Jun 17, 2025 (6% below the $339,000 asking price). More recently, it was listed as a rental in October 2025 with an asking price of $2,300 per month. That rental listing was removed on October 31, 2025. It is currently off market. The Trulia Estimate is $330,700, with a rent estimate of $2,148/month.
Last check for updates: about 23 hours ago
Listed by Jim Pruett, (812) 701-1000
EXP Realty LLC
Bought with: NON MEMBER
Source: Metro Search Inc. LLC DBA Apex MLS, MLS#1685808

Home Details for 309 Jefferson St

Interior Features

Interior Details
Basement: Unfinished,CellarNumber of Rooms: 10Types of Rooms: Bedroom, Dining Room, Family Room, Kitchen, Living Room, Other
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 2112 Square Feet
Appliances & Utilities
Utilities: Electricity Connected
Heating & Cooling
Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Gas & Electric
Has Electric on Property
Levels, Entrance, & Accessibility
Stories: 2

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: PatioFencing: Privacy
Parking & Garage
No GarageNo Attached GarageHas Open ParkingParking: On Street
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 2112 Square Feet

Property Information

Year Built
Year Built: 1855
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Brick
Property Information
Parcel Number: 391302241003000007

Price & Status

Price
List Price: $339,000
Status Change & Dates
Off Market Date: Tue May 06 2025

Active Status

MLS Status: Closed

Location

Direction & Address
City: MadisonCommunity: None

Building

Building Area
Building Area: 2112 Square Feet

HOA

No HOA

Lot Information

Lot Area: 1742.4 sqft

Miscellaneous

BasementMls Number: 1685808Above Grade Unfinished Area: 2112

Price and Tax history

DateEventPrice
Oct 31, 2025
Source: Zillow Rentals
ListingRemoved
$2,300
Oct 27, 2025
Source: Zillow Rentals
Listed For Rent
$2,300
Oct 1, 2025
Source: SIRA #2025010773
ListingRemoved
$365,000
Sep 2, 2025
Source: SIRA #2025010773
Listed For Sale
$365,000
Jun 17, 2025
Source: Metro Search Inc. LLC DBA Apex MLS #1685808
Sold
$320,000

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
9MoM

Around this home

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"
    0
    Flag
  • 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. "
    4
    Flag
  • Quenton T.
    "Wonderful place to live. Small Town life with larger city amenities. Quiet and peaceful with a vibrant community. "
    0
    Flag
  • Samvin107
    "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.
    "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
    "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
    "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
    Flag
  • Jessica D.
    "My neighborhood is pretty quiet. There are a few stray cats but nothing major. I am close to shopping and restaurants. "
    0
    Flag
  • 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. "
    1
    Flag
  • 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"
    1
    Flag
  • Ericanapier05
    "Beautiful scenery, great neighborhood, close to town, wildlife, low traffic. Good school selection public and private. "
    0
    Flag
  • Cotydunn05
    "This neighborhood sits back away from busier roads. A nice little cul-de-sac where kids play and people wave! "
    2
    Flag
  • 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. "
    0
    Flag
  • 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. "
    0
    Flag

LGBTQ Local Legal Protections

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. IDX 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. Information is deemed reliable but not guaranteed. © 2026 Metro Search, Inc.

Frequently asked questions about 309 Jefferson St

  • What is 309 Jefferson St estimated to be worth?
    Trulia's estimated value for 309 Jefferson St in Madison, IN is $330,700.
  • What is the price history for 309 Jefferson St?
    309 Jefferson St in Madison, IN last sold for $320,000 in June 2025.
  • 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 309 Jefferson St have air conditioning?
    Yes, 309 Jefferson St in Madison, IN has air conditioning.
  • How big is the lot at 309 Jefferson St?
    The lot at 309 Jefferson St in Madison, IN is about 0.04 acres (1,742 sq ft).

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