316 E First Street, Madison, IN 47250
Property image
Property image
OFF MARKET

$211,100

Trulia Estimate
  • 1 Bed
  • 1 Bath
  • 699 sqft

316 E First Street, Madison, IN 47250

Est. Refi. Payment $1,282/mo*
Refinance Your Home
Currently Off Market - Sold Aug 22, 2025 for $205,000

Home Value

Trulia Estimate
$211K
Since last month
Increased$700 (+0.3%)
Since last year
Increased$6K (+3%)
Since last sale
Increased$6K (+2.9%)
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 +319% in the last 10 years
MonthEstimated value
2026
August 2026$211K
August 2026$211K
July 2026$210K
June 2026$211K
May 2026$210K
April 2026$210K
March 2026$208K
February 2026$206K
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
510 E First Street, Madison, IN
0.16
Single-Family Home
$179,900
10/10/25
1
1
754
117 Walnut Street, Madison, IN
0.02
Single-Family Home
$390,000
05/19/26
2
1
1,261
616 Gerry Lane, Madison, IN
0.39
Single-Family Home
$145,000
06/18/26
2
1
764
710 Gerry Lane, Madison, IN
0.44
Single-Family Home
$138,500
04/10/26
1
1
736
113 Jefferson Street, Madison, IN
0.07
Single-Family Home
$325,000
08/31/26
2
2
1,152
215 W Main Street, Madison, IN
0.33
Single-Family Home
$269,000
03/11/26
1
1.5
2,038
720 E Second Street, Madison, IN
0.30
Single-Family Home
$145,000
02/06/26
2
1
1,165
423 E Fourth Street, Madison, IN
0.37
Single-Family Home
$275,000
09/19/25
2
1
1,824
829 W Main Street #3, Madison, IN
0.92
Single-Family Home
$195,000
01/06/26
1
1
710

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
318 E First Street, Madison, IN 47250
0.01
$272,300
2
1
1,247
Off Market
117 Walnut Street, Madison, IN 47250
0.02
$390,000
2
1
1,261
Recently Sold
115 Walnut Street, Madison, IN 47250
0.02
$264,900
3
2
1,668
For Sale
223 Walnut St, Madison, IN 47250
0.08
$286,200
2
1.5
1,404
Off Market
322 E 2nd St, Madison, IN 47250
0.09
$387,900
3
2.5
2,462
For Sale
416 E Second Street, Madison, IN 47250
0.11
$487,500
5
4
4,296
Recently Sold
209 East Street, Madison, IN 47250
0.11
$516,400
5
4
3,270
Off Market
117&119 JEFFERSON Street, Madison, IN 47250
0.09
$374,800
3
2
1,320
Off Market
113 Jefferson Street, Madison, IN 47250
0.07
$325,000
2
2
1,152
Recently Sold
302 Jefferson Street, Madison, IN 47250
0.11
$305,000
3
3
3,312
Recently Sold
422-424 2nd St E, Madison, IN 47250
0.13
$240,000
4
5
3,716
Recently Sold

Local Information

  • Map ViewExplore the area around 316 E First Street.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1900
699 sqft
$302/sqft

About this House

Welcome to this charming 1 bed, 1 bath home in the heart of DOWNTOWN MADISON, INDIANA’S HISTORIC DISTRICT, where timeless elegance meets modern comfort. This well-maintained property offers VIEWS OF THE OHIO RIVER, ORIGINAL ARCHITECTURAL DETAILS, and thoughtful updates, making it an ideal full-time residence, weekend retreat, or investment property. You are greeted by ORIGINAL HARDWOOD FLOORS AND RICH WOOD TRIM, showcasing the craftsmanship and character of a bygone era. The inviting living space flows into an UPDATED KITCHEN featuring modern appliances, solid surface countertops, and ample cabinet space—perfect for cooking and entertaining. The FULL BATH HAS BEEN COMPLETELY RENOVATED, blending style and function with contemporary finishes that complement the home’s classic charm. Enjoy peace of mind with a NEW ROOF INSTALLED IN 2024, along with UPDATED ELECTRICAL, PLUMBING, AND HVAC SYSTEMS that bring this historic home fully into the present. The SPACIOUS BEDROOM offers a quiet sanctuary and generous closet space. Step outside onto the DECK FOR A RIVER VIEW, where you can relax. Close to SHOPPING, DINING, AND FESTIVALS, this home offers the best of small-town living with historic charm and modern updates. With its unbeatable location and features, this home also presents an excellent opportunity as a short-term rental on AIRBNB OR VRBO, offering guests a unique stay in one of Indiana’s most beloved river towns. Don’t miss this rare opportunity—schedule your showing today!
316 E First Street, Madison, IN 47250 is a 1 bedroom, 1 bathroom, 699 sqft single-family home built in 1900. It last sold for $205,000 on Aug 22, 2025 (5% below the $215,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $211,100, with a rent estimate of $982/month.
Last check for updates: about 3 hours ago
Listed by William Andes
eXp Realty, LLC
Bought with: OUTSIDE AGENT, OUTSIDE COMPANY
Originating MLS: Southern Indiana REALTORS Association
Source: SIRA, MLS#202507725

Home Details for 316 E First Street

Interior Features

Interior Details
Number of Rooms: 5Types of Rooms: Master Bedroom, Dining Room, Full Bath, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 1Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 699 Square Feet
Appliances & Utilities
Appliances: Dryer, Microwave, Oven, Range, Refrigerator, WasherDryerLaundry: Laundry Closet,Main LevelMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Levels, Entrance, & Accessibility
Stories: 1Levels: One
View
Has a ViewView: River

Exterior Features

Exterior Home Features
Patio / Porch: DeckExterior: DeckFoundation: Stone, Cellar
Parking & Garage
No Garage
Frontage
Road Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 699 Square Feet

Days on Market

Cumulative Days on Market: 108

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: One Story
Building
Construction Materials: Aluminum SidingNot a New Construction
Property Information
Condition: ResaleParcel Number: 0110405300

Price & Status

Price
List Price: $215,000
Status Change & Dates
Off Market Date: Mon Jul 07 2025Possession Timing: Negotiable

Active Status

MLS Status: Closed

Location

Direction & Address
City: Madison

Building

Building Area
Building Area: 699 Square Feet

HOA

Association for this Listing: Southern Indiana REALTORS Association

Lot Information

Lot Area: 2626.668 sqft

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Miscellaneous

BasementMls Number: 202507725Living Area Range Units: Square FeetWater ViewWater View: RiverAttribution Contact: 888-611-3912Above Grade Unfinished Area: 699Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-18077-N-0110405300-R-N

Price and Tax history

DateEventPrice
Aug 22, 2025
Source: SIRA #202507725
Sold
$205,000
Jun 24, 2025
Source: SIRA #202507725
PriceChange
$215,000
Price decreased by 1%
May 6, 2025
Source: SIRA #202507725
Listed For Sale
$218,000
May 1, 2025
Source: SIRA #2024011954
ListingRemoved
$218,000
Nov 1, 2024
Source: SIRA #2024011954
Listed For Sale
$218,000

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

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.

Frequently asked questions about 316 E First Street

  • What is 316 E First Street estimated to be worth?
    Trulia's estimated value for 316 E First Street in Madison, IN is $211,100.
  • What is the price history for 316 E First Street?
    316 E First Street in Madison, IN last sold for $205,000 in August 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 316 E First Street have air conditioning?
    Yes, 316 E First Street in Madison, IN has air conditioning.
  • Does 316 E First Street have laundry facilities?
    Yes, 316 E First Street in Madison, IN has in-unit laundry.

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