507 E Main Street
Madison, IN 47250
3 Beds
1.5 Baths
2,164 sqft (on 0.39 acres)
$379,000
$379,000
3 Beds
1.5 Baths
2,164 sqft
(on 0.39 acres)
Home Highlights
Outdoor
Porch, Patio
Climate Control
Heating & Cooling
Price/Sqft
$175
Listed
126 days ago
Local Information
- Map ViewExplore the area around 507 E Main Street.
- Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
Historic Federal style home built in 1850 in the heart of historic downtown Madison. Step into a beautifully maintained home by its owners. You will be welcomed by a open staircase, sunny living, and dining rooms with original, restored pine floors. Living room features the orginal fireplace (now decorative) and leaded glass hangings in the front windows. Large kitchen is highlighted with vintage General Electric steel kitchen cabinets in amazing condition. Granite counter top and tile back-splash. The unique kitchen floor is plank eucalyptus. The rear project/utility/garden room has a large storage closet and big picture window looking at the landscaped and peaceful fenced yard and patio. Covered back door entrance. Three spacious bedrooms. Second and third bedrooms currently used by the homeowners as TV/reading room and office. Completely remodeled baths (full and half) with tile flooring, shower, refinished claw-foot tub and stainglass window hangings in the full bathroom. Home is located close to dining, shopping, riverfront, festivals and all that Madison---USA Today's "Best Small Town in the Midwest"--has to offer.
Home Details for 507 E Main Street
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Interior Details Basement: Partial,UnfinishedNumber of Rooms: 9Types of Rooms: Master Bedroom, Bedroom, Dining Room, Full Bath, Half Bath, Kitchen, Living Room, Office |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 2164 Square Feet |
Appliances & Utilities Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Water Softener, WasherDishwasherDisposalDryerLaundry: Main Level,OtherMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Number of Fireplaces: 1Fireplace: DecorativeHas a Fireplace |
Windows, Doors, Floors & Walls Window: Blinds |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
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Exterior Home Features Roof: SlatePatio / Porch: Covered, Patio, PorchFencing: Yard FencedExterior: Fence, Landscaping, Porch, PatioFoundation: Stone |
Parking & Garage No GarageNo Attached GarageParking: No Garage |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 2164 Square Feet |
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Cumulative Days on Market: 73Days on Market: 126 |
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Year Built Year Built: 1850 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Two Story |
Building Construction Materials: BrickNot a New Construction |
Property Information Condition: ResaleParcel Number: 391302124013000007 |
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Price List Price: $379,000Price Per Sqft: $175 |
Status Change & Dates Possession Timing: Close Plus 30 Days |
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MLS Status: Active |
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Direction & Address City: Madison |
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Listing Agent Listing ID: 202606645 |
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Building Area Building Area: 2164 Square Feet |
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Community Features: Sidewalks |
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Association for this Listing: Southern Indiana REALTORS Association |
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Lot Area: 0.39 acres |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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BasementMls Number: 202606645Living Area Range Units: Square FeetAttribution Contact: 812-273-1234Above Grade Unfinished Area: 2164Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-18077-N-391302124013000007-R-N |
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SidewalksDays On Market Replication: 73 |
Last check for updates: about 2 hours ago
Listing courtesy of Brenda Eversole
Century 21 River Valley
Originating MLS: Southern Indiana REALTORS Association
Source: SIRA, MLS#202606645
Also Listed on SIRA.
Market trends in Madison
Last updated June 2026
Avg. sale price
$253K
Sale-to-List Price
—
Price per sq ft
$153
Available listings
93
1MoM
Price History for 507 E Main Street
| Date | Price | Event | Source |
|---|---|---|---|
| 04/03/2026 | $379,000 | Listed For Sale | SIRA #202606645 |
| 09/07/2012 | $105,000 | Sold | SIRA #J20090423 |
| 07/27/2012 | $119,900 | Pending | Agent Provided |
| 06/28/2012 | $119,900 | PendingToActive | Agent Provided |
| 06/17/2012 | $119,900 | Pending | Agent Provided |
| 05/11/2012 | $119,900 | PriceChange | Agent Provided |
| 08/26/2011 | $129,900 | PriceChange | Agent Provided |
| 01/26/2011 | $135,000 | Listed For Sale | Agent Provided |
| 12/25/2010 | $135,000 | ListingRemoved | Agent Provided |
| 09/22/2010 | $135,000 | PriceChange | Agent Provided |
| 08/01/2009 | $144,500 | PriceChange | Agent Provided |
| 07/18/2009 | $144,000 | Listed For Sale | Agent Provided |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $1,552 |
| Assessment | $168,800 |
Home facts updated by county records
Comparable Sales for 507 E Main Street
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.13 | Single-Family Home | $225,000 | 06/11/26 | 3 | 1.5 | 2,318 | |
0.10 | Single-Family Home | $120,300 | 12/12/25 | 3 | 1 | 1,632 | |
0.31 | Single-Family Home | $200,000 | 06/12/26 | 3 | 2 | 1,985 | |
0.47 | Single-Family Home | $182,300 | 01/09/26 | 3 | 2 | 1,280 | |
0.19 | Single-Family Home | $479,000 | 09/19/25 | 3 | 2 | 2,788 | |
0.18 | Single-Family Home | $330,000 | 02/11/26 | 3 | 2 | 2,124 | |
0.19 | Single-Family Home | $145,000 | 02/06/26 | 2 | 1 | 1,165 | |
0.25 | Single-Family Home | $230,000 | 01/15/26 | 3 | 1 | 1,591 | |
0.21 | Single-Family Home | $90,000 | 11/07/25 | 4 | 3 | 2,860 | |
0.36 | Single-Family Home | $132,000 | 11/25/25 | 2 | 2 | 1,166 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
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SOLDDEC 12, 2025F.C. Tucker/Scott Lynch Group
OFF MARKETColdwell Banker Harrell & Asso
FOR SALENEW - 3 HRS AGOReaL Broker, LLC
Assigned Schools
These are the assigned schools for 507 E Main Street.
- Lydia Middleton Elementary School
- PK-4
- Public
- 333 Students
9/10GreatSchools RatingParent Rating AverageTeachers 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 Review10y ago - Madison Consolidated High School
- 9-12
- Public
- 769 Students
6/10GreatSchools RatingParent Rating AverageIt's a pretty average school, but it's not horrible and if you actually pay attention and do what you're supposed to, you won't do bad.Student Review1y ago - Madison Consolidated Jr High School
- 5-8
- Public
- 728 Students
6/10GreatSchools RatingParent Rating AverageSome really great teachers (and some seriously burnt-out, rude ones), but the lack of support they receive from leadership and the amount of students they are expected to teach per class is demotivating. Bullying is a serious issue, and administration tends to look the other way, rather than addressing the issue.Parent Review8y ago 
Check out schools near 507 E Main Street.
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 507 E Main Street
- What is the estimated monthly payment for 507 E Main Street?Based on a $379,000 list price with 20% down at today's rates, the estimated monthly payment for 507 E Main Street in Madison, IN is approximately $2,268 (about $1,985 principal & interest, $208 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 507 E Main Street compare to homes in Madison?507 E Main Street in Madison, IN is listed at $379,000, about 50% above the $253K median sale price in Madison.
- 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 homes for sale in Madison, IN.
- What are the closest schools to 507 E Main Street?The closest schools to 507 E Main Street in Madison, IN are Lydia Middleton Elementary School (Pre-K, rated 9/10), Madison Consolidated High School (rated 6/10), Madison Consolidated Jr High School (Elementary, rated 6/10).
- Does 507 E Main Street have air conditioning?Yes, 507 E Main Street in Madison, IN has air conditioning.
- Does 507 E Main Street have laundry facilities?Yes, 507 E Main Street in Madison, IN has in-unit laundry.
Brenda Eversole, Century 21 River Valley
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.
507 E Main Street, Madison, IN 47250 is a 3 bedroom, 2 bathroom, 2,164 sqft single-family home built in 1850. This property is currently available for sale and was listed by SIRA on Apr 3, 2026. The MLS # for this home is MLS# 202606645.