507 E Main Street, Madison, IN 47250
Property image
Property image
FOR SALE
0.39 ACRES

$379,000

  • 3 Beds
  • 1.5 Baths
  • 2,164 sqft (on 0.39 acres)

507 E Main Street, Madison, IN 47250

Est. Mortgage $2,325/mo*
Get Pre-Qualified

Home Highlights

Single-Family Home
Built in 1850
0.39 acre lot
$175/sqft

Local Information

  • Map ViewExplore the area around 507 E Main Street.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Three spacious bedroomsCovered back door entranceOpen staircaseLarge kitchenLarge storage closetOriginal restored pine floors
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.
Last check for updates: about 3 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.

Home Details for 507 E Main Street

Interior Features

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

Exterior Features

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

Days on Market

Cumulative Days on Market: 73Days on Market: 172

Property Information

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

Price & Status

Price
List Price: $379,000Price Per Sqft: $175
Status Change & Dates
Possession Timing: Close Plus 30 Days

Active Status

MLS Status: Active

Location

Direction & Address
City: Madison

Agent Information

Listing Agent
Listing ID: 202606645

Building

Building Area
Building Area: 2164 Square Feet

Community

Community Features: Sidewalks

HOA

Association for this Listing: Southern Indiana REALTORS Association

Lot Information

Lot Area: 0.39 acres

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Miscellaneous

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

Additional Information

SidewalksDays On Market Replication: 73

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

Market trends in Madison

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
99
3MoM

Home Value

Trulia Estimate
$362K
Since last month
Increased$7K (+2%)
Since last year
Increased$90K (+33.2%)
Since last sale
Increased$257K (+245.1%)
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 +170% in the last 10 years
MonthEstimated value
2026
September 2026$362K
August 2026$355K
July 2026$357K
June 2026$360K
May 2026$363K
April 2026$365K
March 2026$264K
February 2026$261K
January 2026$253K
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
312 Baltimore Street, Madison, IN
0.13
Single-Family Home
$225,000
06/11/26
3
1.5
2,318
514 East Street, Madison, IN
0.10
Single-Family Home
$120,300
12/12/25
3
1
1,632
130 Mulberry Street, Madison, IN
0.31
Single-Family Home
$200,000
06/12/26
3
2
1,985
520 East Street, Madison, IN
0.12
Single-Family Home
$170,000
09/16/26
2
1.5
1,134
958 Walnut St, Madison, IN
0.47
Single-Family Home
$182,300
01/09/26
3
2
1,280
705 E Main Street, Madison, IN
0.12
Single-Family Home
$360,000
08/26/26
3
2
2,336
506 Jefferson Street, Madison, IN
0.18
Single-Family Home
$330,000
02/11/26
3
2
2,124
720 E Second Street, Madison, IN
0.19
Single-Family Home
$145,000
02/06/26
2
1
1,165
616 Jefferson Street, Madison, IN
0.25
Single-Family Home
$230,000
01/15/26
3
1
1,591

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
513 E Main Street, Madison, IN 47250
0.01
$369,900
3
2
1,394
For Sale
504 East Street, Madison, IN 47250
0.08
$180,800
1
1
752
Off Market
512 E Main Street #1, Madison, IN 47250
0.03
$199,900
1
1
1,040
For Sale
512 E Main Street, Madison, IN 47250
0.03
$133,600
1
1
626
Off Market
412 E Third Street, Madison, IN 47250
0.09
$180,600
3
1
1,125
Off Market
426 E Main Street, Madison, IN 47250
0.05
$416,800
4
3
3,040
Off Market
412 St Michaels Avenue, Madison, IN 47250
0.06
$355,800
2
1.5
1,920
Off Market
422 St Michaels Avenue, Madison, IN 47250
0.07
$464,500
4
3.5
2,544
For Sale
514 East Street, Madison, IN 47250
0.10
$120,300
3
1
1,632
Recently Sold
605 E Main, Madison, IN 47250
0.06
$342,500
2
2
1,556
Off Market
414 E Main Street, Madison, IN 47250
0.08
-
2
2.5
2,467
Off Market

Price and Tax history

DateEventPrice
Apr 3, 2026
Source: SIRA #202606645
Listed For Sale
$379,000
Sep 7, 2012
Source: SIRA #J20090423
Sold
$105,000
Jul 27, 2012
Source: Agent Provided
Pending
$119,900
Jun 28, 2012
Source: Agent Provided
PendingToActive
$119,900
Jun 17, 2012
Source: Agent Provided
Pending
$119,900

LGBTQ Local Legal Protections

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.

Similar Homes You May Like

Skip to last item
Skip to first item

New Listings near 507 E Main Street

Skip to last item
Skip to first item

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 $2,343 (about $2,060 principal & interest, $208 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • 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 6/10), Madison Consolidated High School (rated 6/10), Madison Consolidated Jr High School (Elementary, rated 6/10).
  • What is 507 E Main Street estimated to be worth?
    Trulia's estimated value for 507 E Main Street in Madison, IN is $362,400.
  • 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.
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.