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

318 E First Street
Madison, IN 47250

  • 2 Beds
  • 1 Bath
  • 1,247 sqft

$273,700

Trulia Estimate
as of Aug 2, 2026
Est. Refi. Payment $1,632/mo*
Refinance Your Home

$273,700

Trulia Estimate
as of Aug 2, 2026
Est. Refi. Payment $1,632/mo*
Refinance Your Home
2 Beds
1 Bath
1,247 sqft

Local Information

  • Map ViewExplore the area around 318 E First Street.
  • 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
1,247 sqft
Price/Sqft
$219
Parking
Garage

About this House

2 bedroom cottage home overlooking the Ohio River in prime historic Madison location. This all brick home is ready for the lucky new owner to put their own finishing touches on this rare offering. A 2 car detached garage creates a private court yard area between the home and garage. The back yard includes a 18.9x17 hobby shop that could be converted into an outdoor entertaining area, capitalizing on the river view.
318 E First Street, Madison, IN 47250 is a 2 bedroom, 1 bathroom, 1,247 sqft single-family home built in 1900. It last sold for $240,000 on Jun 26, 2024 (4% below the $249,900 asking price). It is currently off market. The Trulia Estimate is $273,700, with a rent estimate of $1,277/month.

Home Details for 318 E First Street

Interior Features

Interior Details
Basement: UnfinishedNumber of Rooms: 5Types of Rooms: Bedroom, Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1247 Square Feet
Appliances & Utilities
Appliances: Disposal, Oven, Range, RefrigeratorDisposalLaundry: Laundry Closet,Main LevelRefrigerator
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
Roof: MetalPatio / Porch: Covered, PorchOther Structures: Garage(s)Exterior: Paved Driveway, PorchFoundation: Cellar
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Other Parking: Off StreetHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 2Parking: Detached,Garage
Frontage
Road Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1247 Square Feet

Days on Market

Cumulative Days on Market: 120

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: One Story
Building
Construction Materials: Vinyl SidingNot a New ConstructionDoes Not Include Home Warranty
Property Information
Condition: ResaleParcel Number: 391302133010000007

Price & Status

Price
List Price: $249,900
Status Change & Dates
Off Market Date: Wed May 15 2024Possession Timing: Negotiable

Active Status

MLS Status: Closed

Location

Direction & Address
City: Madison

Building

Building Area
Building Area: 1247 Square Feet

Community

Community Features: Sidewalks

HOA

Association for this Listing: Southern Indiana REALTORS AssociationNo HOA

Lot Information

Lot Area: 3920.4 sqft

Listing Info

Special Conditions: Estate

Offer

Listing Terms: Cash, Conventional

Miscellaneous

BasementMls Number: 202406116Living Area Range Units: Square FeetWater ViewWater View: RiverAttribution Contact: 812-265-3122Above Grade Unfinished Area: 1247Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area: 257Below Grade Unfinished Area Units: Square FeetUniversal Property Id: US-18077-N-391302133010000007-R-N

Additional Information

Sidewalks
Last check for updates: about 12 hours ago
Listed by Scott Lynch
F.C. Tucker/Scott Lynch Group
Bought with: OUTSIDE AGENT, OUTSIDE COMPANY
Originating MLS: Southern Indiana REALTORS Association
Source: SIRA, MLS#202406116

Price History for 318 E First Street

DatePriceEventSource
06/26/2024$240,000Sold
SIRA #202406116
05/15/2024$249,900PendingSIRA #202406116
03/27/2024$249,900PriceChange
SIRA #202406116
02/27/2024$264,500Listed For SaleSIRA #202406116

Market trends in Madison

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$253K
Sale-to-List Price
—
Price per sq ft
$153
Available listings
93
1MoM
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Property Tax and Assessment

Year2025
Tax$1,353
Assessment$147,100
Home facts updated by county records

Comparable Sales for 318 E First Street

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
117 Walnut Street, Madison, IN
0.02
Single-Family Home
$390,000
05/19/26
2
1
1,261
212 St. Michaels Avenue, Madison, IN
0.19
Single-Family Home
$210,000
10/17/25
2
1.5
1,152
423 E Fourth Street, Madison, IN
0.36
Single-Family Home
$275,000
09/19/25
2
1
1,824
316 E First Street, Madison, IN
0.01
Single-Family Home
$205,000
08/22/25
1
1
699
720 E Second Street, Madison, IN
0.29
Single-Family Home
$145,000
02/06/26
2
1
1,165
106 Ferry St, Madison, IN
0.53
Single-Family Home
$249,550
08/29/25
2
1
1,025
616 Jefferson Street, Madison, IN
0.39
Single-Family Home
$230,000
01/15/26
3
1
1,591
510 E First Street, Madison, IN
0.15
Single-Family Home
$179,900
10/10/25
1
1
754
130 Mulberry Street, Madison, IN
0.13
Single-Family Home
$200,000
06/12/26
3
2
1,985
312 Baltimore Street, Madison, IN
0.28
Single-Family Home
$225,000
06/11/26
3
1.5
2,318

Nearby homes

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Assigned Schools

These are the assigned schools for 318 E First Street.
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
    "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.
    "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
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  • 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
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  • 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
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  • Jessica D.
    "My neighborhood is pretty quiet. There are a few stray cats but nothing major. I am close to shopping and restaurants. "
    0
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  • 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
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  • 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
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  • Cotydunn05
    "This neighborhood sits back away from busier roads. A nice little cul-de-sac where kids play and people wave! "
    2
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  • 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
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  • 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
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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.