217 E Main St Madison, IN 47250
Estimated payment $6,031/month
Highlights
- Airport or Runway
- Fitness Center
- River View
- Golf Course Community
- Fishing
- 3-minute walk to Madison Park Department
About This Home
Located in the heart of Madison's downtown historic district, this fully renovated Second Empire-style commercial building (circa 1871) blends timeless character with modern amenities. Positioned in Madison's up-and-coming wedding destination market, the property offers exceptional potential for a wedding venue, private events, retail, bar, restaurant, or mixed-use investment. The main level features two street-level retail spaces with excellent visibility and foot traffic. The second level offers bright, well-designed office suites, while the third level showcases a versatile reception and event space ideal for weddings, gatherings, and corporate events. Elevator access to all levels ensures convenience for tenants and guests. A rare opportunity to own a landmark property that combines historic elegance with income-producing versatility. Offered at $997,000.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,114
Year Built
- Built in 1871 | Remodeled
Lot Details
- 4,400 Sq Ft Lot
Parking
- On-Street Parking
Property Views
- River
- Downtown
Home Design
- Split Level Home
- Brick Exterior Construction
- Stone Foundation
Interior Spaces
- 3-Story Property
- Elevator
- Built-In Features
- Woodwork
- High Ceiling
- Entrance Foyer
- Electric Oven
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
Accessible Home Design
- Handicap Accessible
- Accessibility Features
- Accessible Entrance
Schools
- Madison Consolidated Jr High Sch Middle School
Utilities
- Heat Pump System
- Heating System Uses Natural Gas
- Radiant Heating System
- High Speed Internet
Listing and Financial Details
- Tax Lot 63
- Assessor Parcel Number 391302214020000007
Community Details
Overview
- No Home Owners Association
- Fountains Subdivision
Amenities
- Restaurant
- Airport or Runway
Recreation
- Golf Course Community
- Tennis Courts
- Racquetball
- Community Playground
- Fitness Center
- Community Pool
- Fishing
- Park
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $363 | $12,100 | $5,400 | $6,700 |
| 2023 | $363 | $12,100 | $5,400 | $6,700 |
| 2022 | $255 | $8,500 | $5,400 | $3,100 |
| 2021 | $243 | $8,100 | $5,400 | $2,700 |
| 2020 | $243 | $8,100 | $5,400 | $2,700 |
| 2019 | $237 | $8,100 | $5,400 | $2,700 |
| 2018 | $228 | $8,100 | $5,400 | $2,700 |
| 2017 | $221 | $8,000 | $5,400 | $2,600 |
| 2016 | $211 | $8,000 | $5,400 | $2,600 |
| 2014 | $190 | $7,300 | $5,000 | $2,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/14/2026 01/14/26 | For Sale | $997,000 | -- | $77 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $825,000 | Excel Title Services Llc | |
| Deed | $645,000 | Madison Land Title |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22080179
APN: 39-13-02-214-020-000-007
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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