512 E Main Street #1, Madison, IN 47250
Property image
Property image
FOR SALE

$199,900

  • 1 Bed
  • 1 Bath
  • 1,040 sqft

512 E Main Street #1, Madison, IN 47250

Est. Mortgage $1,512/mo*
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Home Highlights

Single-Family Home
Built in 1900
$192/sqft
Open Parking
HOA $250/mo

Local Information

  • Map ViewExplore the area around 512 E Main Street #1.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Experience downtown living at its finest in this sunny first-floor condo located in a beautiful historic building on Main Street in Madison. Offering approximately 1,000 square feet, this charming condo features soaring 12-foot ceilings throughout, creating a bright and spacious atmosphere. The large one-bedroom, one-bath layout includes a walk-in shower, inviting family room with a fireplace, and a charming eat-in kitchen perfect for everyday living. Additional highlights include bonus exterior storage space, shared patio area, off-street parking, and several newer appliances. Conveniently located just steps from local shops, restaurants, wineries, popular festivals, and the scenic Ohio River, this condo offers the perfect blend of historic charm and downtown convenience. A must-see opportunity!
Last check for updates: about 21 hours ago
Listing courtesy of Patrick Lynch
F.C. Tucker/Scott Lynch Group
Originating MLS: Southern Indiana REALTORS Association
Source: SIRA, MLS#202608700
Also Listed on SIRA.

Home Details for 512 E Main Street #1

Interior Features

Interior Details
Number of Rooms: 4Types of Rooms: Bedroom, Family Room, Kitchen, Other
Beds & Baths
Number of Bedrooms: 1Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1040 Square Feet
Appliances & Utilities
Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, WasherDishwasherDisposalDryerLaundry: Main Level,Laundry RoomMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Heat PumpHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Heat Pump
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Wood BurningHas a Fireplace
Windows, Doors, Floors & Walls
Window: Blinds
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: PatioExterior: Paved Driveway, PatioFoundation: Stone, Cellar
Parking & Garage
Other Parking: Off StreetNo GarageHas Open ParkingParking: Open
Frontage
Road Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1040 Square Feet

Days on Market

Cumulative Days on Market: 27Days on Market: 116

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: One Story
Building
Construction Materials: BrickNot a New Construction
Property Information
Condition: ResaleParcel Number: 391302124071000007

Price & Status

Price
List Price: $199,900Price Per Sqft: $192
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: 202608700

Building

Building Area
Building Area: 1040 Square Feet

Community

Community Features: Sidewalks

HOA

Association for this Listing: Southern Indiana REALTORS AssociationHas an HOAHOA Fee: $250/Monthly

Lot Information

Lot Area: 1306.8 sqft

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Miscellaneous

BasementMls Number: 202608700Living Area Range Units: Square FeetAttribution Contact: 812-265-3122Above Grade Unfinished Area: 1040Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-18077-N-391302124071000007-R-N

Additional Information

SidewalksDays On Market Replication: 27

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"
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  • 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
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  • 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
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  • 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
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  • 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
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  • Jessica D.
    "My neighborhood is pretty quiet. There are a few stray cats but nothing major. I am close to shopping and restaurants. "
    0
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  • 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
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  • 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
$188K
Since last month
Increased$400 (+0.2%)
Since last year
Increased$5K (+2.7%)
Since last sale
Increased$111K (+143%)
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 +141% in the last 10 years
MonthEstimated value
2026
September 2026$188K
August 2026$188K
July 2026$189K
June 2026$191K
May 2026$199K
April 2026$188K
March 2026$189K
February 2026$181K
January 2026$174K
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
510 E First Street, Madison, IN
0.16
Single-Family Home
$179,900
10/10/25
1
1
754
710 Gerry Lane, Madison, IN
0.30
Single-Family Home
$138,500
04/10/26
1
1
736
514 East Street, Madison, IN
0.14
Single-Family Home
$120,300
12/12/25
3
1
1,632
616 Gerry Lane, Madison, IN
0.26
Single-Family Home
$145,000
06/18/26
2
1
764
720 E Second Street, Madison, IN
0.17
Single-Family Home
$145,000
02/06/26
2
1
1,165
318 walnut Street, Madison, IN
0.10
Single-Family Home
$327,500
05/08/26
2
1.5
1,926
716 walnut Street, Madison, IN
0.30
Single-Family Home
$162,800
09/14/26
2
1
1,120
117 Walnut Street, Madison, IN
0.21
Single-Family Home
$390,000
05/19/26
2
1
1,261
520 East Street, Madison, IN
0.15
Single-Family Home
$170,000
09/16/26
2
1.5
1,134

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
512 E Main Street, Madison, IN 47250
0.00
$133,600
1
1
626
Off Market
426 E Main Street, Madison, IN 47250
0.04
$416,800
4
3
3,040
Off Market
313 East Street, Madison, IN 47250
0.05
$159,500
2
1
700
Off Market
507 E Main Street, Madison, IN 47250
0.03
$379,000
3
1.5
2,164
For Sale
513 E Main Street, Madison, IN 47250
0.03
$369,900
3
2
1,394
For Sale
315 Saint Michaels Avenue, Madison, IN 47250
0.04
$224,000
3
2
1,680
Off Market
414 E Main Street, Madison, IN 47250
0.07
-
2
2.5
2,467
Off Market
422-424 2nd St E, Madison, IN 47250
0.09
$240,000
4
5
3,716
Recently Sold
318 walnut Street, Madison, IN 47250
0.10
$327,500
2
1.5
1,926
Recently Sold
603 E Second Street, Madison, IN 47250
0.08
$528,300
5
2.5
4,829
Off Market
605 E Main, Madison, IN 47250
0.07
$342,500
2
2
1,556
Off Market

Price and Tax history

DateEventPrice
May 29, 2026
Source: SIRA #202608700
Listed For Sale
$199,900
Jul 6, 2016
Source: N/A
Sold
$77,500
Oct 6, 2006
Source: N/A
Sold
$83,000

LGBTQ Local Legal Protections

Patrick Lynch, F.C. Tucker/Scott Lynch Group
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.

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Frequently asked questions about 512 E Main Street #1

  • What is the estimated monthly payment for 512 E Main Street #1?
    Based on a $199,900 list price with 20% down at today's rates, the estimated monthly payment for 512 E Main Street #1 in Madison, IN is approximately $1,273 (about $1,088 principal & interest, $110 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 512 E Main Street #1?
    The closest schools to 512 E Main Street #1 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 512 E Main Street #1 estimated to be worth?
    Trulia's estimated value for 512 E Main Street #1 in Madison, IN is $188,300.
  • Does 512 E Main Street #1 have air conditioning?
    Yes, 512 E Main Street #1 in Madison, IN has air conditioning.
  • Does 512 E Main Street #1 have laundry facilities?
    Yes, 512 E Main Street #1 in Madison, IN has in-unit laundry.
512 E Main Street #1, Madison, IN 47250 is a 1 bedroom, 1 bathroom, 1,040 sqft single-family home built in 1900. This property is currently available for sale and was listed by SIRA on May 29, 2026. The MLS # for this home is MLS# 202608700.