$997,000

217 E Main St Madison, IN 47250

Estimated payment $6,165/month

Total Views 35,018
2 Beds
6 Baths
12,936 Sq Ft
$77 Price per Sq Ft

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.

Listing Agent

Scott Lynch

F.C. Tucker Scott Lynch Group License #RB14019761 Listed on: 01/14/2026

F.C. Tucker Scott Lynch Group

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,114

Year Built

Built in 1871 | Remodeled

Lot Details

4,400 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Split Level
  • Property Type: Residential
  • New Construction: No
  • Accessibility Features: Accessible Entrance
  • Tax Year: 2024
  • Year Built: 1871
  • Building Area Total: 12936
  • Garage Y N: No
  • Lot Size Acres: 0.1
  • Subdivision Name: Fountains
  • Transaction Type: Sale
  • Accessibility Features YN: Yes
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Oven, Refrigerator
  • Levels: Tri-Level
  • Full Bathrooms: 2
  • Half Bathrooms: 4
  • Total Bathrooms: 6
  • Total Bedrooms: 2
  • Interior Amenities: Built-in Features, High Ceilings, Elevator, Entrance Foyer, Handicap Accessible Interior, Hardwood Floors, Hi-Speed Internet Availbl, Wood Work Painted, WoodWorkStain/Painted
  • Living Area: 12936
  • Eating Area: Other Eating Area
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 4312
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 2
  • Upper Level Sq Ft: 8624

Exterior Features

  • Construction Materials: Brick
  • Direction Faces: South
  • Foundation Details: Stone
  • Property Condition: Updated/Remodeled
  • View: City, Downtown, River
  • View Y N: Yes
  • Waterfront: No

Garage/Parking

  • Parking Features: On Street

Utilities

  • Cooling: Heat Pump
  • Heating: Natural Gas, Radiant
  • Water Source: Public
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Airport/Runway, Fishing, Fitness Center, Golf, Park, Playground, Pool, Racquetball, Restaurant, Sidewalks, Street Lights, Tennis Court(s)

Schools

  • Middle Or Junior School: Madison Consolidated Jr High Sch

Lot Info

  • Property Attached Yn: Yes
  • Horse Amenities: None
  • Lot Size Sq Ft: 4400
  • Parcel Number: 391302214020000007
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 10114
  • Tax Lot: 63
  • Semi Annual Property Tax Amt: 5057

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
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

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
Source: MIBOR Broker Listing Cooperative®

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

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22080179

MIBOR Broker Listing Cooperative®

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

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