516 E 3rd St, Madison, IN 47250
OFF MARKET

516 E 3rd St
Madison, IN 47250

  • 2 Beds
  • 1 Bath
  • 1,660 sqft

$195,300

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $1,190/mo*
Refinance Your Home

$195,300

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $1,190/mo*
Refinance Your Home
2 Beds
1 Bath
1,660 sqft

Local Information

  • Map ViewExplore the area around 516 E 3rd 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
1,660 sqft
Price/Sqft
$118
Parking
Garage

About this House

This single-family home is located at 516 E 3rd St, Madison, IN. 516 E 3rd St is in Madison, IN and in ZIP code 47250. This property has 2 bedrooms, 1 bathroom and approximately 1,660 sqft of floor space. This property has a lot size of 7056 sqft and was built in 1900.
516 E 3rd St, Madison, IN 47250 is a 2 bedroom, 1 bathroom, 1,660 sqft single-family home built in 1900. It is currently off market. The Trulia Estimate is $195,300, with a rent estimate of $1,465/month.

Home Details for 516 E 3rd St

Interior Features

Interior Details
BasementNumber of Rooms: 6
Heating & Cooling
Heating: OtherAir ConditioningCooling System: CentralHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation Type: Crawl Raised
Parking & Garage
GarageParking: Garage Detached

Property Information

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

Lot Information

Lot Area: 7056 sqft

Market trends in Madison

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$253K
Sale-to-List Price
—
Price per sq ft
$153
Available listings
93
1MoM
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Property Tax and Assessment

Year2025
Tax$1,251
Assessment$115,400
Home facts updated by county records

Nearby homes

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Assigned Schools

These are the assigned schools for 516 E 3rd St.
View nearby schools on GreatSchools
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

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. "
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  • Samvin107
    "There’s quite a few families and a church a block away and a nursing home next to the church. Very quiet neighborhood "
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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. "
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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!!"
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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."
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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. "
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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
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  • 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
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  • Ericanapier05
    "Beautiful scenery, great neighborhood, close to town, wildlife, low traffic. Good school selection public and private. "
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  • Cotydunn05
    "This neighborhood sits back away from busier roads. A nice little cul-de-sac where kids play and people wave! "
    2
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  • 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. "
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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. "
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Apartments for Rent

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Explore by feature - Air Conditioning

7 rentals with air conditioning in Madison, IN

Explore by feature - Washer/dryer

6 rentals with a washer/dryer in Madison, IN

Homes for sale near 516 E 3rd St

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Off Market Homes Near 516 E 3rd St

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Frequently asked questions about 516 E 3rd St

  • What is 516 E 3rd St estimated to be worth?
    Trulia's estimated value for 516 E 3rd St in Madison, IN is $195,300.
  • 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.
  • Does 516 E 3rd St have air conditioning?
    Yes, 516 E 3rd St in Madison, IN has air conditioning.
  • How big is the lot at 516 E 3rd St?
    The lot at 516 E 3rd St in Madison, IN is about 0.16 acres (7,056 sq ft).