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 Mill St estimated to be worth?

Trulia's estimated value for 407 Mill St in Madison, IN is $185,800 .

What is the price history for 407 Mill St?

407 Mill St in Madison, IN last sold for $72,500 in March 2017.

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 Mill St have air conditioning?

Yes, 407 Mill St in Madison, IN has air conditioning.

Does 407 Mill St have laundry facilities?

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

OFF MARKET

$185,800

Trulia Estimate

1 Bed
1 Bath
994 sqft

407 Mill St, Madison, IN 47250

Est. Refi. Payment $1,130/mo*

Refinance Your Home

Currently Off Market - Sold Mar 13, 2017 for $72,500

Home Value

Trulia Estimate

$186K

Since last month

$6K (-3%)

Since last year

$8K (+4.4%)

Since last sale

$114K (+157.1%)

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 +182% in the last 10 years

Month	Estimated value
2026
August 2026	$186K
July 2026	$192K
June 2026	$193K
May 2026	$185K
April 2026	$179K
March 2026	$174K
February 2026	$164K
January 2026	$167K
2025
December 2025	$174K
November 2025	$177K
October 2025	$181K
September 2025	$178K
August 2025	$179K
July 2025	$186K
June 2025	$178K
May 2025	$181K
April 2025	$181K
March 2025	$176K
February 2025	$178K
January 2025	$174K
2024
December 2024	$174K
November 2024	$175K
October 2024	$167K
September 2024	$171K
August 2024	$172K
July 2024	$171K
June 2024	$171K
May 2024	$171K
April 2024	$166K
March 2024	$163K
February 2024	$158K
January 2024	$157K
2023
December 2023	$152K
November 2023	$148K
October 2023	$152K
September 2023	$154K
August 2023	$158K
July 2023	$155K
June 2023	$152K
May 2023	$152K
April 2023	$150K
March 2023	$146K
February 2023	$143K
January 2023	$144K
2022
December 2022	$144K
November 2022	$144K
October 2022	$145K
September 2022	$145K
August 2022	$144K
July 2022	$143K
June 2022	$141K
May 2022	$139K
April 2022	$135K
March 2022	$133K
February 2022	$127K
January 2022	$127K
2021
December 2021	$123K
November 2021	$121K
October 2021	$119K
September 2021	$119K
August 2021	$119K
July 2021	$118K
June 2021	$116K
May 2021	$114K
April 2021	$111K
March 2021	$110K
February 2021	$108K
January 2021	$106K
2020
December 2020	$106K
November 2020	$104K
October 2020	$102K
September 2020	$104K
August 2020	$95K
July 2020	$98K
June 2020	$100K
May 2020	$107K
April 2020	$94K
March 2020	$89K
February 2020	$86K
January 2020	$86K
2019
December 2019	$86K
November 2019	$85K
October 2019	$85K
September 2019	$85K
August 2019	$85K
July 2019	$84K
June 2019	$84K
May 2019	$84K
April 2019	$83K
March 2019	$83K
February 2019	$82K
January 2019	$82K
2018
December 2018	$82K
November 2018	$81K
October 2018	$81K
September 2018	$81K
August 2018	$80K
July 2018	$80K
June 2018	$79K
May 2018	$79K
April 2018	$78K
March 2018	$78K
February 2018	$78K
January 2018	$77K
2017
December 2017	$76K
November 2017	$76K
October 2017	$76K
September 2017	$75K
August 2017	$75K
July 2017	$74K
June 2017	$74K
May 2017	$73K
April 2017	$73K
March 2017	$73K
February 2017	$71K
January 2017	$71K
2016
December 2016	$70K
November 2016	$69K
October 2016	$69K
September 2016	$67K
August 2016	$66K

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
628 W 3rd St, Madison, IN	0.09	Single-Family Home	$95,000	05/27/26	3	1.5	1,238

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 Mill St, Madison, IN 47250	0.00	$180,600	1	1.5	1,000	Off Market
207 Lincoln Ave, Madison, IN 47250	0.13	$81,400	3	1	576	Off Market
411 Mill St, Madison, IN 47250	0.01	$241,500	3	2	1,216	Off Market
209 Lincoln Ave, Madison, IN 47250	0.14	$130,200	3	2	1,424	Off Market
413 MILL Street, Madison, IN 47250	0.02	$220,000	4	1.5	2,180	Recently Sold
211 Lincoln Ave, Madison, IN 47250	0.14	-	3	1	400	Off Market
421 Mill Street, Madison, IN 47250	0.04	$151,900	2	1.5	1,264	Off Market
201 Lincoln Ave, Madison, IN 47250	0.12	$143,400	3	3	1,824	Off Market
405 Mill St, Madison, IN 47250	0.01	$225,800	2	2	1,596	Off Market
210 Lincoln Ave, Madison, IN 47250	0.12	-	3	1	1,258	Off Market
704 W Main St, Madison, IN 47250	0.01	$196,800	3	2	1,776	Off Market
206 Lincoln Ave, Madison, IN 47250	0.12	-	3	1	1,564	Off Market

Local Information

Map ViewExplore the area around 407 Mill 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

994 sqft

Price/Sqft

$187

About this House

This single-family home is located at 407 Mill St, Madison, IN. 407 Mill St is in Madison, IN and in ZIP code 47250. This property has 1 bedroom, 1 bathroom and approximately 994 sqft of floor space. This property has a lot size of 2200 sqft and was built in 1900.

407 Mill St, Madison, IN 47250 is a 1 bedroom, 1 bathroom, 994 sqft single-family home built in 1900. It last sold for $72,500 on Mar 13, 2017. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $185,800, with a rent estimate of $1,035/month.

Home Details for 407 Mill St

Interior Features
Interior Details BasementNumber of Rooms: 5
Heating & Cooling Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Appliances & Utilities DishwasherDryerMicrowaveRefrigeratorWasher
Levels, Entrance, & Accessibility Floors: Hardwood, Linoleum Vinyl

Exterior Features
Exterior Home Features Roof: AsphaltExterior: VinylFoundation Type: Crawl RaisedPorch

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

Lot Information
Lot Area: 2200 sqft

Price and Tax history

Date	Event	Price
Mar 13, 2017 Source: SIRA #J20160659	Sold	$72,500
Jan 27, 2017 Source: Agent Provided	Pending	$72,500
Nov 30, 2016 Source: Agent Provided	Listed For Sale	$72,500

Year	Property tax	Tax assessment
2025	$938	$122,800

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
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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
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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 Mill St

What is 407 Mill St estimated to be worth?
Trulia's estimated value for 407 Mill St in Madison, IN is $185,800.
What is the price history for 407 Mill St?
407 Mill St in Madison, IN last sold for $72,500 in March 2017.
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 Mill St have air conditioning?
Yes, 407 Mill St in Madison, IN has air conditioning.
Does 407 Mill St have laundry facilities?
Yes, 407 Mill St in Madison, IN has in-unit laundry.