507 Walnut St, Madison, IN 47250
OFF MARKET

507 Walnut St
Madison, IN 47250

  • 2 Beds
  • 1 Bath
  • 913 sqft

$242,300

Trulia Estimate
as of Aug 23, 2026
Est. Refi. Payment $1,452/mo*
Refinance Your Home

$242,300

Trulia Estimate
as of Aug 23, 2026
Est. Refi. Payment $1,452/mo*
Refinance Your Home
2 Beds
1 Bath
913 sqft

Home Value

Trulia Estimate
$242K
Since last month
Increased$4K (+1.7%)
Since last year
Increased$32K (+15.1%)
Learn more about this home's value by checking out its Trulia Estimate and the value of nearby homes.

Trulia Estimate

The of this home's value increased by +393% in the last 10 years
MonthEstimated value
2026
August 2026$242K
July 2026$238K
June 2026$247K
May 2026$242K
April 2026$242K
March 2026$221K
February 2026$200K
January 2026$206K
2025
2024
2023
2022
2021
2019
2018
2017
2016

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
307 E 3rd St, Madison, IN 47250
0.04
$201,500
3
1.5
1,498
Off Market
321 E 3rd St, Madison, IN 47250
0.01
$215,800
3
2
1
Off Market
319 E 3rd St, Madison, IN 47250
0.02
$239,000
3
2
1,702
Off Market
317 E 3rd St, Madison, IN 47250
0.02
$285,500
4
3
2,640
Off Market
315 E 3rd St, Madison, IN 47250
0.02
$226,300
3
2
1,777
Off Market
313 E 3rd St, Madison, IN 47250
0.03
$290,000
4
2
2,505
Off Market
505 N Walnut St, Madison, IN 47250
0.01
$178,100
2
1
1,054
Off Market
501 Walnut St, Madison, IN 47250
0.01
$258,900
3
2
3,360
Off Market
526 Walnut St, Madison, IN 47250
0.05
-
2
1
1,450
Off Market
408 E 3rd St, Madison, IN 47250
0.04
$220,700
2
2
1,440
Off Market
410 E 3rd St, Madison, IN 47250
0.05
$222,100
3
2
1,290
Off Market
412 E Third Street, Madison, IN 47250
0.05
$180,600
3
1
1,125
Off Market

Local Information

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

Home Highlights

Property Type
Single-Family Home
Year Built
1900
Living Area
913 sqft
Price/Sqft
$265

About this House

This single-family home is located at 507 Walnut St, Madison, IN. 507 Walnut St is in Madison, IN and in ZIP code 47250. This property has 2 bedrooms, 1 bathroom and approximately 913 sqft of floor space. This property has a lot size of 1428 sqft and was built in 1900.
507 Walnut St, Madison, IN 47250 is a 2 bedroom, 1 bathroom, 913 sqft single-family home built in 1900. It is currently off market. The Trulia Estimate is $242,300, with a rent estimate of $1,260/month.

Home Details for 507 Walnut St

Interior Features

Levels, Entrance, & Accessibility
Stories: 2
Interior Details
Number of Rooms: 5
Heating & Cooling
Air ConditioningCooling System: Central

Exterior Features

Exterior Home Features
Roof: MetalFoundation Type: Crawl Raised

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 1428 sqft

Price and Tax history

YearProperty taxTax assessment
2025
$968
$52,900
Home facts updated by county records

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

Frequently asked questions about 507 Walnut St

  • What is 507 Walnut St estimated to be worth?
    Trulia's estimated value for 507 Walnut St in Madison, IN is $242,300.
  • 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.
  • What are the closest schools to 507 Walnut St?
    The closest schools to 507 Walnut St 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).
  • Does 507 Walnut St have air conditioning?
    Yes, 507 Walnut St in Madison, IN has air conditioning.
  • How big is the lot at 507 Walnut St?
    The lot at 507 Walnut St in Madison, IN is about 0.03 acres (1,428 sq ft).

Explore by feature - Air Conditioning

7 rentals with air conditioning in Madison, IN

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