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

507 E Main Street
Madison, IN 47250

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

$379,000

Est. Mortgage $2,152/mo*

$379,000

Est. Mortgage $2,152/mo*
3 Beds
1.5 Baths
2,164 sqft
(on 0.39 acres)

Local Information

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

Description

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 Highlights

Parking
No Info
Outdoor
Porch, Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
$175
Listed
36 days ago

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: 7Days on Market: 36

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: 7
Last check for updates: about 22 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.

Price History for 507 E Main Street

DatePriceEventSource
04/03/2026$379,000Listed For SaleSIRA #202606645
09/07/2012$105,000Sold
SIRA #J20090423
07/27/2012$119,900PendingAgent Provided
06/28/2012$119,900PendingToActiveAgent Provided
06/17/2012$119,900PendingAgent Provided
05/11/2012$119,900PriceChange
Agent Provided
08/26/2011$129,900PriceChange
Agent Provided
01/26/2011$135,000Listed For SaleAgent Provided
12/25/2010$135,000ListingRemovedAgent Provided
09/22/2010$135,000PriceChange
Agent Provided
08/01/2009$144,500PriceChange
Agent Provided
07/18/2009$144,000Listed For SaleAgent Provided

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Property Tax and Assessment

Year2025
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
0.10
Single-Family Home
$120,300
12/12/25
3
1
1,632
0.47
Single-Family Home
$182,300
01/09/26
3
2
1,280
0.07
Single-Family Home
$217,000
05/21/25
3
2
1,680
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
0.28
Single-Family Home
$275,000
02/13/26
3
2.5
4,740

Assigned Schools

These are the assigned schools for 507 E Main 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

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.