511 E 2nd St
Madison, IN 47250
- 2 Beds
- 1 Bath
- 900 sqft
2 Beds
1 Bath
900 sqft
Local Information
-- mins to
Home Highlights
Property Type
Apartment
Living Area
900 sqft
About this House
Beautiful downtown Madison! Newly renovated apartments. Walking distance to riverfront, festivals, and Main St/shopping and dining! Water, sewer, garbage included. 2bd unit. Rent includes water, sewer, garbage. Duke electric must be transferred to your name before move in. Laundry area on site. Units are first come first serve, we do not hold them. Rent is $1100/mo. First months rent and security deposit of $1100 due to move in. Each adult MUST complete an application. Application fee is $50per adult. This covers the cost of the background reports.
Valid ID and proof of income required for applications. Prior evictions and criminal history with drug or violent offenses not accepted.
PET POLICY: All properties
There is a non refundable pet deposit of $250 PER pet. Dogs will add $35/mo to rent and cats will add $25/mo to rent. Only one dog and cat are allowed. We must also approve the animal prior to move in
Owner pays water, sewer, and garbage. Tenant is responsible for Electric (Duke Energy). There is a $250 non-refundable pet deposit and a pet adds $35/mo pet rent to monthly rent price. If you choose to get internet it must be Metronet. All interested parties must complete application/background check. The cost for applications is $50 per adult. We will send this electronically, we will need legal name(s), phone number and email for EACH adult. For multiple adults, it Must be separate emails for each person. You cannot share an email for the applications
Valid ID and proof of income required for applications. Prior evictions and criminal history with drug or violent offenses not accepted.
PET POLICY: All properties
There is a non refundable pet deposit of $250 PER pet. Dogs will add $35/mo to rent and cats will add $25/mo to rent. Only one dog and cat are allowed. We must also approve the animal prior to move in
Owner pays water, sewer, and garbage. Tenant is responsible for Electric (Duke Energy). There is a $250 non-refundable pet deposit and a pet adds $35/mo pet rent to monthly rent price. If you choose to get internet it must be Metronet. All interested parties must complete application/background check. The cost for applications is $50 per adult. We will send this electronically, we will need legal name(s), phone number and email for EACH adult. For multiple adults, it Must be separate emails for each person. You cannot share an email for the applications
511 E 2nd St, Madison, IN 47250 is a 2 bedroom, 1 bathroom, 900 sqft apartment. More recently, it was listed as a rental in January 2025 with an asking price of $1,100 per month. That rental listing was removed on January 20, 2025. It is currently off market. The Trulia Estimate rent is $1,027/month.
Home Details for 511 E 2nd St
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Property Type / Style Property Type: Apartment |
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Lease Term: 1 Year |
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Heating & Cooling Air ConditioningCooling System: Central Air |
Levels, Entrance, & Accessibility Floors: Hardwood |
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Parking & Garage Parking: Off Street Parking, On Site |
Price History for 511 E 2nd St
| Date | Price | Event | Source |
|---|---|---|---|
| 01/20/2025 | $1,100 | ListingRemoved | Zillow Rentals |
| 01/14/2025 | $1,100 | Listed For Rent | Zillow Rentals |
| 12/06/2024 | $1,100 | ListingRemoved | Zillow Rentals |
| 12/03/2024 | $1,100 | Listed For Rent | Zillow Rentals |
| 02/24/2024 | ListingRemoved | Zillow Rentals | |
| 01/19/2024 | $1,100 | Listed For Rent | Zillow Rentals |
| 12/15/2023 | ListingRemoved | Zillow Rentals | |
| 11/15/2023 | $1,100 | Listed For Rent | Zillow Rentals |
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
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 511 E 2nd St.
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
Apartments for Rent
Homes for sale near 511 E 2nd St
Off Market Homes Near 511 E 2nd St
Frequently asked questions about 511 E 2nd St
- Is Madison a buyer's or seller's market?Madison is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Madison?The median sale price in Madison is $253K.
- 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 511 E 2nd St?The closest schools to 511 E 2nd St 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 511 E 2nd St have air conditioning?Yes, 511 E 2nd St in Madison, IN has air conditioning.
- Does 511 E 2nd St have parking?Yes, 511 E 2nd St in Madison, IN has on-site parking.

