416 E Second Street, Madison, IN 47250
FOR SALE

416 E Second Street
Madison, IN 47250

  • 5 Beds
  • 4 Baths
  • 4,296 sqft

$550,000

Est. Mortgage $2,864/mo*

$550,000

Est. Mortgage $2,864/mo*
5 Beds
4 Baths
4,296 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

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.

Home Highlights

Parking
Garage
Outdoor
Porch
A/C
Heating & Cooling
HOA
None
Price/Sqft
$128
Listed
57 days ago

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

Days on Market: 57

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: $128
Status Change & Dates
Possession Timing: Negotiable

Active Status

MLS Status: Active

Location

Direction & Address
City: Madison

Agent Information

Listing Agent
Listing ID: 202606636

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: 0
Last check for updates: about 1 hour ago
Listing courtesy of Scott Lynch
F.C. Tucker/Scott Lynch Group
Originating MLS: Southern Indiana REALTORS Association
Source: SIRA, MLS#202606636
Also Listed on SIRA.

Price History for 416 E Second Street

DatePriceEventSource
03/13/2026$550,000Listed For SaleSIRA #202606636
12/29/2025$675,000ListingRemovedSIRA #202509696
07/22/2025$675,000Listed For SaleSIRA #202509696

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Property Tax and Assessment

Year2025
Tax$5,328
Assessment$291,300
Home facts updated by county records

Comparable Sales for 416 E Second Street

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.25
Single-Family Home
$527,500
11/14/25
5
4.5
4,539
0.02
Single-Family Home
$240,000
12/18/25
4
5
3,716
0.14
Single-Family Home
$470,000
05/04/26
5
3
2,516
0.32
Single-Family Home
$275,000
02/13/26
3
2.5
4,740
0.09
Single-Family Home
$405,000
11/07/25
4
3
3,040
0.26
Single-Family Home
$429,999
09/15/25
4
2.5
1,650
0.15
Single-Family Home
$479,000
09/19/25
3
2
2,788
0.28
Single-Family Home
$90,000
11/07/25
4
3
2,860
0.53
Single-Family Home
$485,000
01/29/26
4
3
4,074

Assigned Schools

These are the assigned schools for 416 E Second Street.
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

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"
  • 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. "
  • Quenton T.
    "Wonderful place to live. Small Town life with larger city amenities. Quiet and peaceful with a vibrant community. "
  • Samvin107
    "There’s quite a few families and a church a block away and a nursing home next to the church. Very quiet neighborhood "
  • 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. "
  • 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!!"
  • 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."
  • Jessica D.
    "My neighborhood is pretty quiet. There are a few stray cats but nothing major. I am close to shopping and restaurants. "
  • 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. "
  • 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"
  • Ericanapier05
    "Beautiful scenery, great neighborhood, close to town, wildlife, low traffic. Good school selection public and private. "
  • Cotydunn05
    "This neighborhood sits back away from busier roads. A nice little cul-de-sac where kids play and people wave! "
  • 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. "
  • 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. "

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.
416 E Second Street, Madison, IN 47250 is a 5 bedroom, 4 bathroom, 4,296 sqft single-family home built in 1851. This property is currently available for sale and was listed by SIRA on Mar 13, 2026. The MLS # for this home is MLS# 202606636.