$515,000

313 Mulberry St Madison, IN 47250

Estimated payment $3,143/month

Total Views 90
12 Beds
3 Baths
4,960 Sq Ft
$104 Price per Sq Ft

Highlights

  • Balcony
  • Laundry Room
  • 1-minute walk to Madison Park Department
  • Brick or Stone Mason

About This Home

Exceptional investment opportunity in the heart of historic downtown Madison! These two contiguous buildings offer three
stories featuring a total of 12 bedrooms, 3 bathrooms, a main floor office, and dedicated laundry room space. Out your front
door overlooks the area beside the iconic Kindness Mural and Bicentennial Park, with convenient golf cart parking, newly
renovated public parking areas, and updated streetscapes just outside your door.
Located in the center of booming downtown Madison, you are only steps away from shopping, restaurants, festivals,
riverfront attractions, and everything this charming historic town has to offer. Whether you are looking for long-term rentals,
short-term rental potential, employee housing, or a mixed-use investment, the possibilities are endless. Rare opportunity to
own a large footprint in one of Indiana’s most desirable downtown districts.

Listing Agent

Van Crafton

Coldwell Banker Harrell & Asso Brokerage Phone: 812-265-3000 License #RB18000003 Listed on: 06/03/2026

Coldwell Banker Harrell & Asso

Co-Listing Agent

Trevor Crafton

Coldwell Banker Harrell & Asso Brokerage Phone: 812-265-3000 License #RB26000851

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,363

Year Built

  • Built in 1900

Parking

  • On-Street Parking

Home Design

  • 4,960 Sq Ft Home
  • Brick or Stone Mason
  • Stone Foundation

Kitchen

  • Microwave
  • Freezer

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Basement

  • Basement Cellar
  • Crawl Space

Additional Features

  • Balcony
  • 1,742 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Assessor Parcel Number 391302241011000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,363

Year Built

Built in 1900

Lot Details

1,742 Sq Ft Lot

Listing Details

  • New Construction: No
  • Parcel Number: 391302241011000007
  • Property Sub Type: Residential
  • Property Type: Residential
  • Year Built: 1900
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1298
  • Co List Office Phone: 812-265-3000
  • Co List Office Mls Id: 1298
  • Directions: Driving east on main street, turn south on Mulberry. Buildings are on the right.
  • Above Grade Finished Sq Ft: 4960.0
  • Special Features: None

Interior Features

  • Appliances: Dryer, Freezer, Microwave, Refrigerator, Washer
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 12
  • Total Bedrooms: 4

Exterior Features

  • Exterior Features: Balcony
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Crawlspace, Stone, Cellar
  • Roof: Other

Garage/Parking

  • Garage Yn: No

Utilities

  • Laundry Features: Main Level, Laundry Room
  • Cooling: Window Unit(s), WallWindow Unit(s)
  • Sewer: Public Sewer
  • Water Source: Connected, Public

Lot Info

  • Zoning: Residential
  • Lot Size Sq Ft: 1742.4
  • Land Lease Expiration Date: 2026-12-31
  • Additional Parcels Description: 391302241011000007
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 4363.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
06/03/2026 06/03/26 For Sale $515,000 -- $104 / Sq Ft
Source: Southern Indiana REALTORS® Association

Source: Southern Indiana REALTORS® Association

MLS Number: 202608867

Southern Indiana REALTORS® Association
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