Loan Price
$1,557
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$275,000
1017 W First Street Madison, IN 47250
- 3 Beds
- 3 Baths
- 2,672 sq. Ft
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Property Description for 1017 W First Street Madison, IN 47250
Discover the charm and potential of this historic two-story brick home, perfectly situated on a corner lot in the heart of downtown Madison. Once a three-unit rental property, the current seller has already begun transforming the interior into a two-apartment layout with an efficiency or office space. Alternatively, it can be easily converted into a single-family residence. This home boasts recent updates, including fresh exterior paint, all-new windows (excluding the sunroom), new shingles installed in 2021, and two inverted heat pumps added in 2024. The property comes equipped with brand-new appliances, including two refrigerators, two stoves, two microwaves, and a washer and dryer. Hardwood floors run throughout the home, adding timeless elegance. All building materials are included with the property, making it ready for your finishing touches. Located near the Riverwalk and Main street, this home offers convenient access to all the vibrant amenities of downtown Madison. Don't miss this unique opportunity!
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Address:1017 W First Street Madison IN 47250
Status:Active
on site: 2 hrs 30 mins
Price:$275,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Sq. Feet:2,672
Lot Size:0.13
County: Jefferson_IN
Township: Madison
MLS #:2024012712
Property Type:Residential
Lot Dimensions:5749.92
Road Surface:Paved
Lot Features:CornerLot
Zoning:Historic District
Water Source:Connected, Public
Directions:From Jefferson Street head west on Second Street. Turn left onto Cragmont street, property will be on the corner of Cragmont and First.
Upper Level Sq. Ft. :2,672
Total Sq. Ft. :2,672
Sq. Ft. Source:Assessor
Basement:Yes
| Room | Size | Level |
| Bedroom | 17 x 16.10 | Second |
| Bedroom | 13.1 x 17.8 | Second |
| Bedroom | 21.9 x 15.8 | Second |
| Other | 17.6 x 11.5 | First |
| Kitchen | 23 x 15.4 | First |
| DiningRoom | 15.11 x 17.5 | First |
| LivingRoom | 15.11 x 16.11 | First |
Semi-Annual Property Tax:$040
Mandatory HOA Fee:$
Total Sq. Ft.:2,672
Interior Features:SunRoom
Appliances:Dryer, Oven, Range, Refrigerator, Washer
Exterior Type:Brick
Fireplace(s):Decorative
Cool:HeatPump
Heat:HeatPump
Total Rooms:7
Tucker Customer Care
Additional Phone (317) 954-4768
Email customerservice@talktotucker.com
F.C. Tucker Company
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Listing provided courtesy of Jim Pruett with eXp Realty, LLC
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
Madison Market Report
243
Avg. DOM
$172.52
Avg. $ / Sq.Ft.
$ 268,500
Med. List Price
The house prices in Madison are indeed dropping at the moment. There has been a decrease in price of $114,716.67. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.
The housing market and house prices in Madison are going Down. The average house price is $310,000.00 and the average price per square feet is $177.29 per square feet. At the moment, the amount of homes listed is exactly 44 houses, with 16 with active status, 5 with pending status and 23 sold in Madison .
The most popular place to buy a home in Madison is 13-Indiana. 13-Indiana is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Madison .
The average amount of property taxes you would have to pay for a home in Madison is $1,346.67. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.
Properties in Madison are staying listed for an average of 83 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.
The last home listed in Madison was 1298 minutes ago.
At the moment we have 0 open houses that you can visit.
The cost of the most expensive home in Madison is $798,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.
The cost of the cheapest home in Madison is $85,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.
The date of the oldest built home in Madison in year 1833 and the newest built house is in year 9999.
The average size of properties in Madison is 2068.81 sq.ft. , the biggest one being 3986 sq.ft. and the smaller being 600 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.