NOT LISTED FOR SALE

309 Jefferson St Madison, IN 47250

Estimated Value: $317,000 - $357,291

2 Beds
1.5 Baths
2,112 Sq Ft
$159/Sq Ft Est. Value

Last Sold June 17, 2025

Current estimated payment $1,968/month

3 Days on Market

Highlights

  • City Lights View
  • Formal Dining Room
  • Eat-In Kitchen
  • Den
  • Enclosed Patio or Porch
  • 2-minute walk to Fireman's Park

About This Home

As of May 2023

Located in the vibrant heart of downtown Madison, this 3 bedroom, 1.5 bath brick two-story offers charm, flexibility, and investment potential. The spacious living room and formal dining room with wood floors create a warm and inviting atmosphere, while the enclosed back patio provides privacy. Upstairs features three bedrooms, family room, and a full bath/utility. Currently set up as an Airbnb/short-term rental, this property is uniquely set up to allow commercial rental of the front downstairs area, while maintaining private living quarters at the rear and upper level. Whether you are looking for a primary residence, investment or both this property has it all. This property has been recently inspected and no major defects were found. At a full price offer, seller will leave all furnishings.

Last Agent to Sell the Property

Jessica Butler

License #RB18001702 Listed on: 05/01/2023

Last Buyer's Agent

Jim Pruett

eXp Realty, LLC License #RB14034779

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,028

Year Built

  • Built in 1855

Lot Details

  • 1,594 Sq Ft Lot
  • Lot Dimensions are 21 x 76
  • Property is zoned Historic District

Parking

  • On-Street Parking

Home Design

  • Stone Foundation

Interior Spaces

  • 2,112 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Den
  • City Lights Views
  • Basement Cellar
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Gas Available
  • Electric Water Heater
  • Water Softener

Listing and Financial Details

  • Assessor Parcel Number 391302241003000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,028

Year Built

Built in 1855

Lot Details

1,594 Sq Ft Lot

Listing Details

  • Additional Parking: On Street
  • Annual Tax: 1028
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Rock
  • Legal Description: 011-03922-00 21 BY 76 FT. E END LOT 95 Ot 11-128-69 309 1/2 JEFFERSON ST.
  • Lot Dimensions: 21 x 76
  • Parcel Number: 391302241003000007
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 2112
  • Type: 2 Story
  • Year Built: 1855
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 2112.00
  • Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposal, Microwave, Range / Oven, Refrigerator, Water Softener
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Interior Amenities: Den/Office, Eat-In Kitchen, Formal Dining Rm, Security System
  • Lot Sq Ft: 1594.30
  • Sewer Type: Sewer
  • Total Sq Ft: 2112

Exterior Features

  • Exterior Features: Enclosed Patio, Public Sidewalk
  • Road Frontage: 21

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Gas
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Lot Info

  • Acres: 0.0366
  • Lot Description: City Lights View
  • Zoning: Historic District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2023
Closed on
May 19, 2023
Sold by
Davis Zulieka
Bought by
Js Investment Trust
Seller's Agent
Jessica Butler
Buyer's Agent
Jim Pruett
eXp Realty, LLC
List Price
$259,000
Sold Price
$271,700
Premium/Discount to List
$12,700
4.9%
Views
19
Current Estimated Value
$333,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,472
Avg. Annual Appreciation
7.63%

Purchase Details

Closed on
Aug 1, 2012
Sold by
Christopher
Bought by
Anne Jenner
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Date Buyer Sale Price Title Company
Js Investment Trust $271,700 Madison Land Title
Anne Jenner $121,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/17/2025 06/17/25 Sold -- -- -- View Prior Sale
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 View Prior Sale
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

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 $2,248 $121,700 $2,600 $119,100
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

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202307365

Southern Indiana REALTORS® Association

APN: 39-13-02-241-003-000-007

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