$916,000
SOLD JUL 10, 2026

217 E Main St Madison, IN 47250

2 Beds
6 Baths
12,936 Sq Ft
4,400 Sq Ft Lot

Sale Details

Date Sold: July 10, 2026

$71 Per Sq Ft

8% Below List Price

141 Days on Market

Highlights

  • City View
  • Laundry Room
  • 3-minute walk to Madison Park Department
  • Brick or Stone Mason

About This Home

As of July 2026

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.

Last Agent to Sell the Property

Tony Bilz

F.C. Tucker/Scott Lynch Group Brokerage Phone: 812-265-3122 License #RB14029672 Listed on: 01/12/2026

F.C. Tucker/Scott Lynch Group

Last Buyer's Agent

Jessica Butler

Legacy Land Use & Realty License #RB18001702

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,417

Year Built

  • Built in 1871

Lot Details

  • 4,400 Sq Ft Lot
  • Property is zoned Central Business District, Central Business District,Historic District

Parking

  • Off-Street Parking

Home Design

  • Brick or Stone Mason
  • Frame Construction
  • Slate Roof

Interior Spaces

  • 12,936 Sq Ft Home
  • Elevator
  • City Views

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Utilities

  • Air Source Heat Pump

Listing and Financial Details

  • Assessor Parcel Number 391302214020001007

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,417

Year Built

Built in 1871

Lot Details

4,400 Sq Ft Lot

Listing Details

  • New Construction: No
  • Parcel Number: 391302214020000007
  • Property Sub Type: Residential
  • Property Type: Residential
  • Year Built: 1871
  • LotSizeAcres: 0.101
  • Road Surface Type: Paved
  • View: City
  • Co List Office Mls Id: 1301
  • Directions: Located on Main Street in downtown Madison Indiana between Jefferson and Mulberry st.
  • Above Grade Finished Sq Ft: 12936.0
  • Living Area: 12936.0
  • PropertySubTypeAdditional: Residential
  • Special Features: None

Interior Features

  • Appliances: Oven, Range, Refrigerator
  • Basement: No
  • Interior Amenities: Entrance Foyer, Elevator, Open Floorplan, Storage
  • Full Bathrooms: 2
  • Half Bathrooms: 4
  • Total Bedrooms: 2
  • Total Bedrooms: 17

Exterior Features

  • Construction Type: Brick, Frame
  • Roof: Slate

Garage/Parking

  • Garage Yn: No

Utilities

  • Laundry Features: Laundry Room, Upper Level
  • Cooling: Heat Pump
  • Sewer: Public Sewer
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Madison Cons.

Lot Info

  • Zoning: Central Business District
  • Lot Size Sq Ft: 4399.56
  • Land Lease Expiration Date: 2026-06-30
  • Additional Parcels Description: 391302214020001007
  • Zoning Description: Central Business District,Historic District

Tax Info

  • Tax Annual Amount: 12417.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2024
Sold by
Bought by

Purchase Details

Closed on
May 28, 2021
Sold by
Bought by
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $825,000 Excel Title Services Llc
Deed $645,000 Madison Land Title
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/10/2026 07/10/26 Sold $916,000 -8.1% $71 / Sq Ft
06/02/2026 06/02/26 Pending -- -- --
01/12/2026 01/12/26 For Sale $997,000 -- $77 / Sq Ft
Source: Southern Indiana REALTORS® Association

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $354 $11,800 $5,400 $6,400
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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202605332

Southern Indiana REALTORS® Association

APN: 39-13-02-214-020-000-007

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