402 E Main St, Madison, IN 47250
Property image
Property image
OFF MARKET

$298,000

Trulia Estimate
  • Studio

402 E Main St, Madison, IN 47250

Est. Refi. Payment $1,763/mo*
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Home Value

Trulia Estimate
$298K
Since last month
Decreased$700 (-0.2%)
Since last year
Increased$148K (+99.7%)
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 +111% in the last 10 years
MonthEstimated value
2026
August 2026$296K
July 2026$297K
June 2026$301K
May 2026$288K
April 2026$310K
March 2026$294K
February 2026$282K
January 2026$287K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
322 E 2nd St, Madison, IN 47250
0.08
$387,900
3
2.5
2,462
For Sale
223 Walnut St, Madison, IN 47250
0.09
$286,800
2
1.5
1,404
Off Market
309 Jefferson St, Madison, IN 47250
0.11
$330,700
3
1.5
2,112
Off Market

Local Information

  • Map ViewExplore the area around 402 E Main St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1900

About this House

Investment opportunity in Historic Downtown Madison. Great return on investment. 10 unit rental property. Call for details on this property. All Units on Lease. Unit #1-Monthly-$1,000 Unit #2-Monthly-$700 Unit #3-6-Weekly-$150 Unit #7-10-Weekly-$125. Monthly Gas-$135, Electric-$477, Water-$125, Cable-$180
402 E Main St, Madison, IN 47250 is a studio multi-family built in 1900. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $298,000, with a rent estimate of $1,252/month.

Home Details for 402 E Main St

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Multi Family

Interior Features

Appliances & Utilities
Cable Ready

Community

Units in Building: 10

Lot Information

Lot Area: 1498 sqft

Price and Tax history

DateEventPrice
May 14, 2019
Source: Agent Provided
ListingRemoved
$199,900
May 7, 2019
Source: Agent Provided
Listed For Sale
$199,900

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"
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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 "
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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. "
    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
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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. "
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Frequently asked questions about 402 E Main St

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