416 E Second Street, Madison, IN 47250
Property image
Property image
SOLD
AUG 10, 2026

416 E Second Street
Madison, IN 47250

  • 5 Beds
  • 4 Baths
  • 4,296 sqft

$487,500

Last Sold: Aug 10, 2026
11% below list $550K
$113/sqft
Est. Refi. Payment $2,847/mo*
Refinance Your Home

$487,500

Last Sold: Aug 10, 2026
11% below list $550K
$113/sqft
Est. Refi. Payment $2,847/mo*
Refinance Your Home
5 Beds
4 Baths
4,296 sqft

Home Value

Trulia Estimate
$488K
Since last month
Decreased$27K (-5.3%)
Since last year
Decreased$155K (-24.1%)
Since last sale
Increased$400 (+0.1%)
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 +163% in the last 10 years
MonthEstimated value
2026
August 2026$488K
July 2026$515K
June 2026$514K
May 2026$521K
April 2026$521K
March 2026$529K
February 2026$626K
January 2026$624K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
514 Jefferson Street, Madison, IN
0.25
Single-Family Home
$527,500
11/14/25
5
4.5
4,539
117-119 St. Michaels Avenue, Madison, IN
0.14
Single-Family Home
$470,000
05/04/26
5
3
2,516
422-424 2nd St E, Madison, IN
0.02
Single-Family Home
$240,000
12/18/25
4
5
3,716
623 E First Street, Madison, IN
0.15
Single-Family Home
$479,000
09/19/25
3
2
2,788
426 E Main Street, Madison, IN
0.09
Single-Family Home
$405,000
11/07/25
4
3
3,040
815 E First Street, Madison, IN
0.26
Single-Family Home
$429,999
09/15/25
4
2.5
1,650
212 St Michaels, Madison, IN
0.12
Single-Family Home
$460,000
08/14/26
3
2.5
1,888
910 E 2nd St, Madison, IN
0.32
Single-Family Home
$275,000
02/13/26
3
2.5
4,740
508 Jefferson Street, Madison, IN
0.24
Single-Family Home
$370,000
08/24/26
3
2.5
2,570

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
422-424 2nd St E, Madison, IN 47250
0.02
$240,000
4
5
3,716
Recently Sold
209 East Street, Madison, IN 47250
0.03
$518,100
5
4
3,270
Off Market
223 Walnut St, Madison, IN 47250
0.05
$288,800
2
1.5
1,404
Off Market
313 East Street, Madison, IN 47250
0.06
$157,200
2
1
700
Off Market
322 E 2nd St, Madison, IN 47250
0.06
$387,900
3
2.5
2,462
For Sale
318 walnut Street, Madison, IN 47250
0.08
$327,500
2
1.5
1,926
Recently Sold
414 E Main Street, Madison, IN 47250
0.09
-
2
2.5
2,467
Off Market
204 East Street, Madison, IN 47250
0.06
$151,300
3
1.5
1,512
Off Market
426 E Main Street, Madison, IN 47250
0.09
$405,000
4
3
3,040
Recently Sold
512 E Main Street #1, Madison, IN 47250
0.11
$199,900
1
1
1,040
For Sale
512 E Main Street, Madison, IN 47250
0.11
$127,400
1
1
626
Off Market

Local Information

  • Map ViewExplore the area around 416 E Second 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
1851
Living Area
4,296 sqft
Price/Sqft
$113/sqft
Parking
Garage

About this House

HISTORIC COSTIGAN MASTERPIECE IN THE HEART OF DOWNTOWN MADISON! Step into a piece of history with this commanding 1851 Greek Revival home, attributed to renowned architect Francis Costigan. Located in Madison, Indiana’s treasured historic district, this remarkable 5-bedroom, 4-bath residence captures timeless elegance and architectural distinction. From the original iron balcony and graceful double side porches to the beautiful iron fence encircling the property, every detail reflects classic sophistication. Inside, you’ll find 5 fireplaces, soaring 13-foot ceilings, and several ornate ceiling medallions, including one of the largest and most intricate in Madison. The showpiece of the home is the grand front parlor — an impressive 16’ x 36’ room featuring two exquisite black marble fireplace mantles and the unmatched ceiling medallion. The second-floor double parlor, also of high quality, can easily convert into two spacious bedrooms via original folding doors. A carriage house, now serving as a garage with potential living/guest quarters, adds to the historical charm and function of the property. This home is a rare opportunity to own one of Madison’s finest historic homes, where 19th-century craftsmanship meets lasting beauty.
416 E Second Street, Madison, IN 47250 is a 5 bedroom, 4 bathroom, 4,296 sqft single-family home built in 1851. It last sold for $487,500 on Aug 10, 2026 (11% below the $550,000 asking price). It is currently off market. The Trulia Estimate is $487,500, with a rent estimate of $4,373/month.
Last check for updates: about 12 hours ago
Listed by Scott Lynch
F.C. Tucker/Scott Lynch Group
Bought with: Scott Lynch, F.C. Tucker/Scott Lynch Group
Originating MLS: Southern Indiana REALTORS Association
Source: SIRA, MLS#202606636

Home Details for 416 E Second Street

Interior Features

Interior Details
Number of Rooms: 13Types of Rooms: Master Bedroom, Bedroom, Kitchen, Other
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 4Number of Bathrooms (full): 4
Dimensions and Layout
Living Area: 4296 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Disposal, Oven, Range, RefrigeratorDishwasherDisposalLaundry: Main Level,Laundry RoomRefrigerator
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 5Fireplace: Decorative, GasHas a Fireplace
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: Covered, PorchFencing: Yard FencedOther Structures: Garage(s)Exterior: Fence, Landscaping, PorchFoundation: Stone, Cellar
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Other Parking: On StreetHas a GarageNo Attached GarageParking Spaces: 2Parking: Detached,Garage
Frontage
Road Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 4296 Square Feet

Days on Market

Cumulative Days on Market: 150

Property Information

Year Built
Year Built: 1851
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Historic/Antique,Two Story
Building
Construction Materials: Brick, FrameNot a New Construction
Property Information
Condition: ResaleParcel Number: 391302131054

Price & Status

Price
List Price: $550,000Price Per Sqft: $113/sqft
Status Change & Dates
Off Market Date: Fri Jun 12 2026Possession Timing: Negotiable

Active Status

MLS Status: Closed

Location

Direction & Address
City: Madison

Building

Building Area
Building Area: 4296 Square Feet

Community

Community Features: Sidewalks

HOA

Association for this Listing: Southern Indiana REALTORS AssociationNo HOA

Lot Information

Lot Area: 9583.2 sqft

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Miscellaneous

BasementMls Number: 202606636Living Area Range Units: Square FeetAttribution Contact: 812-265-3122Above Grade Unfinished Area: 4296Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-18077-N-391302131054-R-N

Additional Information

SidewalksDays On Market Replication: 150

Price and Tax history

DateEventPrice
Aug 10, 2026
Source: SIRA #202606636
Sold
$487,500
Mar 13, 2026
Source: SIRA #202606636
Listed For Sale
$550,000
Dec 29, 2025
Source: SIRA #202509696
ListingRemoved
$675,000
Jul 22, 2025
Source: SIRA #202509696
Listed For Sale
$675,000

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"
    0
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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
    Flag
  • Jessica D.
    "My neighborhood is pretty quiet. There are a few stray cats but nothing major. I am close to shopping and restaurants. "
    0
    Flag
  • 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
    Flag
  • 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
    Flag

LGBTQ Local Legal Protections

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.

Frequently asked questions about 416 E Second Street

  • What is 416 E Second Street estimated to be worth?
    Trulia's estimated value for 416 E Second Street in Madison, IN is $487,500.
  • What is the price history for 416 E Second Street?
    416 E Second Street in Madison, IN last sold for $487,500 in August 2026.
  • 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 416 E Second Street have air conditioning?
    Yes, 416 E Second Street in Madison, IN has air conditioning.
  • Does 416 E Second Street have laundry facilities?
    Yes, 416 E Second Street in Madison, IN has laundry facilities.

Explore by feature - Air Conditioning

7 rentals with air conditioning in Madison, IN

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