Is a car needed in Madison, IN?

As of early 2026, 87% of users say car is needed

Is Madison, IN dog-friendly?

As of early 2026, 79% of users say it's dog friendly

Are yards well-kept in Madison, IN?

As of early 2026, 79% of users say yards are well-kept

Does Madison, IN show holiday spirit?

As of early 2026, 78% of users say there's holiday spirit

Would people walk alone at night in Madison, IN?

As of early 2026, 77% of users say people would walk alone at night

Is there wildlife in Madison, IN?

As of early 2026, 68% of users say there's wildlife

Is parking easy in Madison, IN?

As of early 2026, 67% of users say parking is easy

Do kids play outside in Madison, IN?

As of early 2026, 59% of users say kids play outside

Is Madison, IN quiet?

As of early 2026, 56% of users say it's quiet

Does Madison, IN have sidewalks?

As of early 2026, 55% of users say there are sidewalks

Are neighbors friendly in Madison, IN?

As of early 2026, 53% of users say neighbors are friendly

Do residents of Madison, IN plan to stay at least 5 years?

As of early 2026, 48% of users say they plan to stay for at least 5 years

Are the streets well-lit in Madison, IN?

As of early 2026, 47% of users say streets are well-lit

Is Madison, IN walkable to restaurants?

As of early 2026, 44% of users say it's walkable to restaurants

Are there community events in Madison, IN?

As of early 2026, 33% of users say there are community events

Is Madison, IN walkable to grocery stores?

As of early 2026, 28% of users say it's walkable to grocery stores

What is 407 E Main St estimated to be worth?

Trulia's estimated value for 407 E Main St in Madison, IN is $196,000 .

What is the price history for 407 E Main St?

407 E Main St in Madison, IN last sold for $125,000 in June 2020.

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 407 E Main St have air conditioning?

Yes, 407 E Main St in Madison, IN has air conditioning.

Does 407 E Main St have laundry facilities?

Yes, 407 E Main St in Madison, IN has in-unit laundry.

OFF MARKET

$196,000

Trulia Estimate

2 Beds
1 Bath
876 sqft

407 E Main St, Madison, IN 47250

Refinance Your Home

Currently Off Market - Sold Jun 5, 2020 for $125,000

Home Value

Trulia Estimate

$196K

Since last month

$1K (+0.7%)

Since last year

$7K (+3.7%)

Since last sale

$70K (+56.2%)

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 +152% in the last 10 years

Month	Estimated value
2026
August 2026	$195K
July 2026	$194K
June 2026	$198K
May 2026	$194K
April 2026	$193K
March 2026	$193K
February 2026	$185K
January 2026	$182K
2025
December 2025	$188K
November 2025	$189K
October 2025	$192K
September 2025	$190K
August 2025	$188K
July 2025	$190K
June 2025	$187K
May 2025	$185K
April 2025	$183K
March 2025	$180K
February 2025	$178K
January 2025	$177K
2024
December 2024	$181K
November 2024	$184K
October 2024	$179K
September 2024	$179K
August 2024	$181K
July 2024	$183K
June 2024	$182K
May 2024	$182K
April 2024	$178K
March 2024	$177K
February 2024	$173K
January 2024	$171K
2023
December 2023	$170K
November 2023	$167K
October 2023	$171K
September 2023	$172K
August 2023	$172K
July 2023	$169K
June 2023	$172K
May 2023	$169K
April 2023	$167K
March 2023	$163K
February 2023	$159K
January 2023	$158K
2022
December 2022	$160K
November 2022	$162K
October 2022	$162K
September 2022	$162K
August 2022	$160K
July 2022	$160K
June 2022	$157K
May 2022	$156K
April 2022	$154K
March 2022	$153K
February 2022	$157K
January 2022	$154K
2021
December 2021	$154K
November 2021	$146K
October 2021	$146K
September 2021	$145K
August 2021	$135K
July 2021	$135K
June 2021	$134K
May 2021	$134K
April 2021	$132K
March 2021	$132K
February 2021	$131K
January 2021	$129K
2020
December 2020	$129K
November 2020	$128K
October 2020	$127K
September 2020	$126K
August 2020	$126K
July 2020	$126K
June 2020	$125K
April 2020	$87K
March 2020	$87K
February 2020	$88K
2019
December 2019	$87K
October 2019	$68K
September 2019	$80K
August 2019	$74K
July 2019	$68K
June 2019	$69K
May 2019	$78K
April 2019	$77K
March 2019	$76K
February 2019	$74K
January 2019	$66K
2018
December 2018	$65K
November 2018	$61K
October 2018	$69K
September 2018	$63K
August 2018	$64K
July 2018	$66K
June 2018	$70K
May 2018	$67K
April 2018	$64K
March 2018	$61K
February 2018	$61K
January 2018	$63K
2017
December 2017	$66K
November 2017	$67K
October 2017	$63K
September 2017	$64K
August 2017	$63K
July 2017	$66K
June 2017	$61K
May 2017	$65K
April 2017	$66K
March 2017	$67K
February 2017	$70K
January 2017	$73K
2016
December 2016	$68K
November 2016	$68K
October 2016	$66K
September 2016	$64K
August 2016	$77K

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
313 Walnut St, Madison, IN	0.07	Single-Family Home	$100,900	08/10/26	3	2	1,696

Home facts updated by county records

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
409 E Main St, Madison, IN 47250	0.01	$427,400	4	2	2,582	Off Market
411 E Main St, Madison, IN 47250	0.03	$423,000	4	2	3,095	Off Market
514 E 3rd St, Madison, IN 47250	0.11	$187,600	3	2	1,881	Off Market
413 E Main St, Madison, IN 47250	0.02	$261,300	3	1.5	1,840	Off Market
415 E Main St, Madison, IN 47250	0.02	$300,000	4	1	3,024	Off Market
419 E Main St, Madison, IN 47250	0.03	$208,500	2	2	1,466	Off Market
410 E Main St, Madison, IN 47250	0.03	$254,100	Studio	1	1,674	Off Market
318 walnut Street, Madison, IN 47250	0.05	$327,500	2	1.5	1,926	Recently Sold
316 Walnut St, Madison, IN 47250	0.05	$262,300	3	1	2,090	Off Market
415 Saint Michaels Ave, Madison, IN 47250	0.12	$232,400	2	2	1,416	Off Market
414 E Main Street, Madison, IN 47250	0.03	-	2	2.5	2,467	Off Market
418 E Main St, Madison, IN 47250	0.05	-	4	2	2,390	Off Market

Local Information

Map ViewExplore the area around 407 E Main 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

1900

Living Area

876 sqft

Price/Sqft

$224

About this House

Charming cottage located in Historic Downtown Madison! Location is everything! Enjoy the open side porch to take in the sites of Main Street. The secluded outdoor garden sitting area is perfect to enjoy peace and quiet. This 1 or 2 bedroom, 1 bath cottage offers a formal sitting, family and dining room. This home would is perfect for a single person, couple, vacation, Airbnb, or rental. Cute & Cozy! Call today for details!

407 E Main St, Madison, IN 47250 is a 2 bedroom, 1 bathroom, 876 sqft single-family home built in 1900. It last sold for $125,000 on Jun 5, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $196,000, with a rent estimate of $1,222/month.

Home Details for 407 E Main St

Interior Features
Heating & Cooling Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility Stories: 1
Interior Details Number of Rooms: 5
Appliances & Utilities Cable ReadyDryerRefrigeratorWasher
Fireplace & Spa Fireplace

Exterior Features
Exterior Home Features Roof: AsphaltFoundation Type: Crawl RaisedPorch

Property Information
Year Built Year Built: 1900
Property Type / Style Property Type: Single Family Home

Lot Information
Lot Area: 1742 sqft

Price and Tax history

Date	Event	Price
Jun 5, 2020 Source: SIRA #202007670	Sold	$125,000
Oct 21, 2016 Source: SIRA #J20160510	Sold	$89,000

Year	Property tax	Tax assessment
2025	$1,474	$66,200

Additional Cost

Market trends in Madison

Last updated July 2026

Avg. sale price

—

Sale-to-List Price

—

Price per sq ft

—

Available listings

102

9MoM

Around this home

Lydia Middleton Elementary School
PK-4
Public
333 Students
Madison Consolidated Schools
6/10
GreatSchools Rating
Parent Rating Average
Teachers and my grandchildren seem to have very good communication.The teachers make the difference. My only concern at this point is sending 5th graders to middle school at the junior high. This is a mistake for this size community, in my opinion. But that is not this school's fault!
Parent Review
10y ago
4 Reviews

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
Resident
1y ago
"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.
Resident
6y ago
"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.
Resident
6y ago
"Wonderful place to live. Small Town life with larger city amenities. Quiet and peaceful with a vibrant community. "
0
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Samvin107
Resident
6y ago
"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.
Resident
7y ago
"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
Resident
7y ago
"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
Resident
7y ago
"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.
Resident
7y ago
"My neighborhood is pretty quiet. There are a few stray cats but nothing major. I am close to shopping and restaurants. "
0
Flag
Aschmidlapprn11
Resident
7y ago
"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
Resident
7y ago
"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
Resident
7y ago
"Beautiful scenery, great neighborhood, close to town, wildlife, low traffic. Good school selection public and private. "
0
Flag
Cotydunn05
Resident
8y ago
"This neighborhood sits back away from busier roads. A nice little cul-de-sac where kids play and people wave! "
2
Flag
Ambergaraas1976
Resident
8y ago
"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
Resident
8y ago
"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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LGBTQ Local Legal Protections

Frequently asked questions about 407 E Main St

What is 407 E Main St estimated to be worth?
Trulia's estimated value for 407 E Main St in Madison, IN is $196,000.
What is the price history for 407 E Main St?
407 E Main St in Madison, IN last sold for $125,000 in June 2020.
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 407 E Main St have air conditioning?
Yes, 407 E Main St in Madison, IN has air conditioning.
Does 407 E Main St have laundry facilities?
Yes, 407 E Main St in Madison, IN has in-unit laundry.