309 Jefferson St Madison, IN 47250
Estimated payment $2,161/month
Total Views
905
3
Beds
1.5
Baths
2,112
Sq Ft
$173
Price per Sq Ft
Highlights
- Loft
- Patio
- Family Room
- Built-in Bookshelves
- Forced Air Heating and Cooling System
- 2-minute walk to Fireman's Park
About This Home
Located in the heart of downtown Madison, this 3 bedroom, 1.5 bath brick two-story offers a rare blend of residential comfort and commercial potential. The main level features a spacious living room, formal dining area with wood floors, and a private enclosed back patio, while the upper level includes three bedrooms, a family room, and a full bath with laundry. Zoned for both residential and commercial use, the property provides flexibility to live upstairs while utilizing the downstairs front space for a business, or to continue as an investment property. With its prime location and versatile layout, this property is ideal for those seeking a primary residence, income opportunity, or both.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,248
Year Built
- Built in 1860
Lot Details
- 1,594 Sq Ft Lot
- Historic Home
- Property is zoned Historic District
Home Design
- Stone Foundation
Interior Spaces
- 2,112 Sq Ft Home
- 2-Story Property
- Built-in Bookshelves
- Decorative Fireplace
- Family Room
- Loft
- Basement
- Basement Cellar
Kitchen
- Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
Outdoor Features
- Patio
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 0110392200
Map
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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 | $2,248 | $112,400 | $2,600 | $109,800 |
| 2023 | $1,124 | $112,400 | $2,600 | $109,800 |
| 2022 | $1,112 | $111,200 | $2,600 | $108,600 |
| 2021 | $1,028 | $102,800 | $2,600 | $100,200 |
| 2020 | $1,018 | $101,800 | $2,600 | $99,200 |
| 2019 | $1,018 | $101,800 | $2,600 | $99,200 |
| 2018 | $1,018 | $101,800 | $2,600 | $99,200 |
| 2017 | $1,482 | $85,300 | $19,400 | $65,900 |
| 2016 | $739 | $88,000 | $19,400 | $68,600 |
| 2014 | $2,285 | $87,800 | $19,400 | $68,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2025 09/02/25 | For Sale | $365,000 | +7.7% | $173 / Sq Ft |
| 06/17/2025 06/17/25 | Sold | -- | -- | -- |
| 05/06/2025 05/06/25 | Pending | -- | -- | -- |
| 04/30/2025 04/30/25 | For Sale | $339,000 | +24.8% | $161 / Sq Ft |
| 05/19/2023 05/19/23 | Sold | $271,700 | +4.9% | $129 / Sq Ft |
| 05/04/2023 05/04/23 | Pending | -- | -- | -- |
| 05/01/2023 05/01/23 | For Sale | $259,000 | +18.8% | $123 / Sq Ft |
| 01/25/2021 01/25/21 | Sold | $218,000 | -0.9% | $103 / Sq Ft |
| 12/16/2020 12/16/20 | Pending | -- | -- | -- |
| 11/04/2020 11/04/20 | For Sale | $219,900 | -- | $104 / Sq Ft |
Source: Southern Indiana REALTORS® Association
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $271,700 | Madison Land Title | |
| Deed | $121,000 | -- |
Source: Public Records
Similar Homes in Madison, IN
Source: Southern Indiana REALTORS® Association
MLS Number: 2025010773
APN: 39-13-02-241-003-000-007
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