312 W 3rd St Madison, IN 47250
Estimated payment $4,302/month
Highlights
- 7 Fireplaces
- Covered Patio or Porch
- Formal Dining Room
- Den
- First Floor Utility Room
- Fenced Yard
About This Home
Step into a piece of history with this stately Federal-style home, built in 1837 and ideally located in the heart of downtown Madison’s historic district. Known as “The Bright House,” this distinguished residence was once owned by Jesse Bright, Indiana’s 9th Lieutenant Governor and U.S. Senator. Rich in character and timeless appeal, the home showcases 7 fireplaces, original hardwood floors, intricate plaster ceiling medallions, and elegant crown moldings throughout. Offering 4 spacious bedrooms and 3 full bathrooms, the home blends historic charm with modern functionality. The main level features a living room, formal dining room, kitchen, breakfast room, laundry room and a flex room that could be used as a Bedroom, den or office offering versatile living options. The custom cherry kitchen is thoughtfully designed with an island and stainless steel appliances. Enjoy abundant natural light throughout, as well as two stunning two-story side porches that overlook beautifully landscaped grounds and a private brick courtyard—creating a serene outdoor retreat. Additional highlights include an oversized 2-car garage with loft storage and a floorplan that honors the home’s original design while offering comfortable, livable spaces. Meticulously maintained, this grand residence is a rare opportunity to own a true Madison landmark.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,245
Year Built
- Built in 1837
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 41x168
- Fenced Yard
- Landscaped
- Garden
- Property is zoned Historic District
Parking
- 2 Car Detached Garage
- On-Street Parking
Home Design
- Stone Foundation
Interior Spaces
- 4,367 Sq Ft Home
- 2-Story Property
- Crown Molding
- 7 Fireplaces
- Entrance Foyer
- Family Room
- Formal Dining Room
- Den
- First Floor Utility Room
- Basement
- Basement Cellar
- Partially Finished Attic
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Covered Patio or Porch
Utilities
- Forced Air Heating and Cooling System
- Gas Available
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 391302221010000007
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 |
|---|---|---|---|---|
| 2025 | $4,245 | $454,500 | $6,400 | $448,100 |
| 2024 | $4,166 | $416,600 | $6,400 | $410,200 |
| 2023 | $3,909 | $390,900 | $6,400 | $384,500 |
| 2022 | $3,550 | $355,000 | $6,400 | $348,600 |
| 2021 | $3,371 | $337,100 | $6,400 | $330,700 |
| 2020 | $3,268 | $326,800 | $6,400 | $320,400 |
| 2019 | $3,268 | $326,800 | $6,400 | $320,400 |
| 2018 | $3,270 | $327,000 | $6,400 | $320,600 |
| 2017 | $3,237 | $323,700 | $6,400 | $317,300 |
| 2016 | $3,237 | $323,700 | $6,400 | $317,300 |
| 2014 | $2,608 | $260,800 | $5,200 | $255,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/28/2026 04/28/26 | For Sale | $749,900 | +147.6% | $172 / Sq Ft | |
| 10/16/2019 10/16/19 | Sold | $302,900 | -21.3% | $69 / Sq Ft | View Prior Sale |
| 09/27/2019 09/27/19 | Pending | -- | -- | -- | |
| 12/18/2018 12/18/18 | For Sale | $384,900 | -- | $88 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $302,900 | -- |
Source: Southern Indiana REALTORS® Association
MLS Number: 202607803
APN: 39-13-02-221-010-000-007
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Ask me questions while you tour the home.