$749,900

312 W 3rd St Madison, IN 47250

Estimated payment $4,302/month

4 Beds
3 Baths
4,367 Sq Ft
$172 Price per Sq Ft

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.

Listing Agent

Scott Lynch

F.C. Tucker/Scott Lynch Group License #RB14019761 Listed on: 04/28/2026

F.C. Tucker/Scott Lynch Group

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,245

Year Built

Built in 1837

Lot Details

6,534 Sq Ft Lot

Parking

2

Listing Details

  • Additional Parking: On Street
  • Annual Tax: 4245
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Rock
  • Legal Description: 011-03347-00 41 FT E SIDE LOT 71 2ND ADD W 11-119-20 312 W Third St
  • Lot Dimensions: 41X168
  • Numof Fireplaces: 7
  • Out Buildings: Garage
  • Parcel Number: 391302221010000007
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 4367
  • Type: 2 Story
  • Year Built: 1837
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 4367.00
  • Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Fireplace: Unknown
  • Interior Amenities: 1st Floor Utility, Bath Main, Den/Office, Family Room, Finishable Attic, Formal Dining Rm, Foyer
  • Lot Sq Ft: 6534.00
  • Sewer Type: Sewer
  • Total Sq Ft: 4367

Exterior Features

  • Exterior Features: Covered Porch, Fenced Yard, Landscaped, Public Sidewalk

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

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

Lot Info

  • Acres: 0.1500
  • Lot Description: Garden Area
  • Zoning: Residential, Historic District

Map

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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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 $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
Source: Public Records

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
Source: Southern Indiana REALTORS® Association

Purchase History

Date Type Sale Price Title Company
Grant Deed $302,900 --
Source: Public Records

Source: Southern Indiana REALTORS® Association

MLS Number: 202607803

Southern Indiana REALTORS® Association

APN: 39-13-02-221-010-000-007

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