318 E First Street, Madison, IN 47250
FOR SALE

318 E First Street
Madison, IN 47250

  • 2 Beds
  • 1 Bath
  • 1,247 sqft
  • 2 Beds
  • 1 Bath
  • 1,247 sqft

$249,900

Original price: $264,500
Est. Mortgage $1,543/mo*

Local Information

map showing home location
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Commute Destination

Description

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.

Home Highlights

Parking
Garage
Outdoor
Porch
A/C
Heating & Cooling
HOA
None
Price/Sqft
$200
Listed
60 days ago

Home Details for 318 E First Street

Interior Features

Interior Details
Basement: UnfinishedNumber of Rooms: 5Types of Rooms: Bedroom, Living Room, Dining Room, Kitchen
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 GarageParking Spaces: 2Parking: Detached,Garage
Frontage
Road Surface Type: Paved
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1247 Square Feet

Days on Market

Days on Market: 60

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: $249,900Price Per Sqft: $200
Status Change & Dates
Possession Timing: Negotiable

Active Status

MLS Status: Active

Location

Direction & Address
City: Madison

Agent Information

Listing Agent
Listing ID: 202406116

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

Offer

Listing Terms: Cash, Conventional

Compensation

Buyer Agency Commission: 2.25Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

BasementMls Number: 202406116Living Area Range Units: Square FeetWater ViewWater View: RiverAttribution Contact: 812-265-3122

Additional Information

Sidewalks
Last check for updates: about 15 hours ago
Listing courtesy of Scott Lynch
F.C. Tucker/Scott Lynch Group
Originating MLS: Southern Indiana REALTORS Association
Source: SIRA, MLS#202406116

Price History for 318 E First Street

DatePriceEventSource
03/27/2024$249,900PriceChange
SIRA #202406116
02/27/2024$264,500Listed For SaleSIRA #202406116

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Property Taxes and Assessment

Year2023
Tax$1,426
Assessment$127,300
Home facts updated by county records

Comparable Sales for 318 E First Street

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.08
Single-Family Home
$285,000
10/23/23
2
2
1,152
0.12
Single-Family Home
$232,000
12/13/23
2
2
1,350
0.31
Single-Family Home
$210,000
04/26/24
2
1
1,262
0.27
Single-Family Home
$335,000
01/19/24
2
1
1,358
0.40
Single-Family Home
$175,000
08/01/23
2
1
1,167
0.28
Single-Family Home
$300,000
07/05/23
2
2
1,556
0.30
Single-Family Home
$190,000
01/17/24
2
2
1,164
0.16
Single-Family Home
$115,000
04/19/24
2
1
700
0.36
Single-Family Home
$215,000
08/31/23
2
2
1,435
0.29
Single-Family Home
$320,000
12/07/23
2
2
1,920

What Locals Say about Madison

  • 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. "
    1
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  • Quenton T.
    "Wonderful place to live. Small Town life with larger city amenities. Quiet and peaceful with a vibrant community. "
    0
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  • Samvin107
    "There’s quite a few families and a church a block away and a nursing home next to the church. Very quiet neighborhood "
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  • 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. "
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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. "
    0
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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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  • Nadine R.
    "The historic houses are amazing to see. I also like the downtown area to walk around, especially down by the riverfront. "
    3
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LGBTQ Local Legal Protections

Scott Lynch, F.C. Tucker/Scott Lynch Group
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.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
318 E First Street, Madison, IN 47250 is a 2 bedroom, 1 bathroom, 1,247 sqft single-family home built in 1900. This property is currently available for sale and was listed by SIRA on Feb 27, 2024. The MLS # for this home is MLS# 202406116.