848 W Third, Madison, IN 47250
Property image
Property image
OFF MARKET

$373,400

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,804 sqft (on 0.35 acres)

848 W Third, Madison, IN 47250

Est. Refi. Payment $2,235/mo*
Refinance Your Home
Currently Off Market - Sold Sep 17, 2024 for $365,000

Home Value

Trulia Estimate
$373K
Since last month
Decreased$2K (-0.5%)
Since last year
Decreased$4K (-1%)
Since last sale
Increased$8K (+2.1%)
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 +295% in the last 10 years
MonthEstimated value
2026
September 2026$373K
August 2026$373K
July 2026$374K
June 2026$375K
May 2026$382K
April 2026$379K
March 2026$380K
February 2026$378K
January 2026$376K
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
0.09
Single-Family Home
$350,000
08/26/26
2
2
1,871
0.43
Single-Family Home
$340,000
06/05/26
3
1.5
1,616
0.19
Single-Family Home
$301,775
03/16/26
3
2
2,450
0.67
Single-Family Home
$384,000
10/08/25
3
2
1,948
0.26
Single-Family Home
$465,000
05/26/26
3
2.5
2,970
0.35
Single-Family Home
$265,000
09/18/25
3
2
1,824
0.27
Single-Family Home
$206,950
06/17/26
2
1
1,020
0.89
Single-Family Home
$365,000
12/03/25
3
2
1,982
0.44
Single-Family Home
$293,000
06/02/26
2
1.5
1,584
0.34
Single-Family Home
$282,500
08/03/26
2
2
1,330

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
0.03
$242,200
3
1.5
1,984
Off Market
0.04
$202,100
2
1
809
Off Market
0.04
$215,600
3
2
1,068
Off Market
0.08
$265,500
2
2.5
1,760
Off Market
0.09
$250,000
2
2.5
1,760
Recently Sold
0.09
$250,000
2
2.5
1,760
Recently Sold
0.09
$350,000
2
2
1,871
Recently Sold
0.13
$399,300
3
2.5
2,000
Off Market
0.16
$412,400
3
2.5
2,015
Off Market
0.17
$189,900
2
1
630
For Sale
0.15
$234,900
2
2
1,514
For Sale

Local Information

  • Map ViewExplore the area around 848 W Third.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1900
0.35 acre lot
1,804 sqft
$207/sqft
Open Parking

About this House

Amazing opportunity in Downtown Madison! This TWO parcel property has views of the Heritage Trail and Historic Madison Railroad Incline Cut and Stone Bridge. The 3 Bedroom/2 Bath home has been completely renovated inside and out! Enjoy the history of a 1900s home with the luxury of all new including hardboard siding, new roof and gutters, hardwood flooring, tile bathrooms, new cabinets and appliances, plumbing, electric, HVAC and more!
From the back porch you do not even think you are in the midst of town, its plenty big enough for a garden or pool. There is an existing concrete pad and block foundation ready for a new barn/garage to fit your needs. The hard to find additional parcel is included in the partially fenced in area but large enough to build another home/garage/ADU. Come take a look and don't miss out on this rare opportunity!
848 W Third, Madison, IN 47250 is a 3 bedroom, 2 bathroom, 1,804 sqft single-family home built in 1900. It last sold for $365,000 on Sep 17, 2024 (8% below the $395,000 asking price). More recently, it was listed as a rental in January 2026 with an asking price of $2,000 per month. That rental listing was removed on January 24, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $373,400, with a rent estimate of $2,099/month.
Last check for updates: about 10 hours ago
Listed by Robin Mingione
eXp Realty, LLC
Bought with: Robin Mingione, eXp Realty, LLC
Originating MLS: Southern Indiana REALTORS Association
Source: SIRA, MLS#202408748

Home Details for 848 W Third

Interior Features

Interior Details
Basement: Partial,UnfinishedNumber of Rooms: 8Types of Rooms: Master Bedroom, Bedroom, Family Room, Full Bath, Kitchen, Other
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1804 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Disposal, Microwave, Oven, Range, RefrigeratorDishwasherDisposalLaundry: Main Level,OtherMicrowaveRefrigerator
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Window: Thermal Windows
Levels, Entrance, & Accessibility
Stories: 1Levels: One
View
Has a ViewView: Park/Greenbelt, Scenic

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: Covered, Deck, PorchFencing: Yard FencedOther Structures: Shed(s)Exterior: Deck, Fence, Paved Driveway, PorchFoundation: Block, Stone, Cellar
Parking & Garage
Other Parking: Off StreetNo GarageHas Open ParkingParking: Open
Frontage
Road Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Frontage Length: 85
Finished Area
Finished Area (above surface): 1804 Square Feet

Days on Market

Cumulative Days on Market: 90

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Historic/Antique,One Story
Building
Construction Materials: Block, Hardboard, Concrete, Stone, HardiPlank TypeNot a New ConstructionDoes Not Include Home Warranty
Property Information
Condition: ResaleParcel Number: 390834443007000007Additional Parcels Description: 390834443006000007

Price & Status

Price
List Price: $395,000
Status Change & Dates
Off Market Date: Mon Aug 19 2024Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: Madison

Building

Building Area
Building Area: 1804 Square Feet

Community

Community Features: Sidewalks

HOA

Association for this Listing: Southern Indiana REALTORS AssociationNo HOA

Lot Information

Lot Area: 0.35 acres

Offer

Listing Terms: Cash, Conventional, FHA, USDA Loan, VA Loan

Miscellaneous

BasementMls Number: 202408748Living Area Range Units: Square FeetAttribution Contact: 888-611-3912Above Grade Unfinished Area: 1804Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area: 120Below Grade Unfinished Area Units: Square FeetUniversal Property Id: US-18077-N-390834443007000007-R-N

Additional Information

Sidewalks

Price and Tax history

DateEventPrice
Jan 24, 2026
Source: Zillow Rentals
ListingRemoved
$2,000
Jan 19, 2026
Source: Zillow Rentals
Listed For Rent
$2,000
Sep 17, 2024
Source: SIRA #202408748
Sold
$365,000
Aug 20, 2024
Source: SIRA #202408748
Pending
$395,000
Jul 8, 2024
Source: SIRA #202408748
PriceChange
$395,000
Price decreased by 7%

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
3
MoM

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"
  • 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

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.

Frequently asked questions about 848 W Third

  • What is 848 W Third estimated to be worth?
    Trulia's estimated value for 848 W Third in Madison, IN is $373,400.
  • What is the price history for 848 W Third?
    848 W Third in Madison, IN last sold for $365,000 in September 2024.
  • Is Madison a buyer's or seller's market?
    Madison is currently a balanced 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.
  • Does 848 W Third have air conditioning?
    Yes, 848 W Third in Madison, IN has air conditioning.
  • Does 848 W Third have laundry facilities?
    Yes, 848 W Third in Madison, IN has laundry facilities.

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