316 W Main St Madison, IN 47250
Madison AreaEstimated payment $2,212/month
About This Home
Discover this Italianate two-part in a commercial block, constructed circa 1870, brimming with potential for various business ventures or investment opportunities! **Property Highlights** Spacious first floor - Enjoy approximately 3140 sq ft of versatile space, perfect for retail or office use. Flexible Second Floor - Currently utilized for storage, this level can easily be transformed to suit your needs, whether it be additional office space or even more retail opportunities. Third Floor Comfort - A welcoming apartment provides both convenience and potential rental income, making this property a smart investment. Property runs from Main Street to the back alley. Don't miss out on a chance to own this property! Contact us today for more information or schedule a viewing.
Listing Agent
F.C. Tucker/Scott Lynch Group Brokerage Phone: 812-265-3122 License #RB14029672 Listed on: 06/08/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,846
Year Built
- Built in 1934
Lot Details
- 3,485 Sq Ft Lot
- Property is zoned Central Business District, Central Business District,Historic District
Home Design
- 6,337 Sq Ft Home
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Utilities
- Cooling System Mounted To A Wall/Window
Listing and Financial Details
- Assessor Parcel Number 391302221035000007
Map
Home Values in the Area
Average Home Value in this Area
Tax 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.
| 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 | $3,846 | $128,200 | $16,300 | $111,900 |
| 2024 | $3,228 | $107,600 | $16,300 | $91,300 |
| 2023 | $3,228 | $107,600 | $16,300 | $91,300 |
| 2022 | $3,198 | $106,600 | $16,300 | $90,300 |
| 2021 | $3,093 | $103,100 | $16,300 | $86,800 |
| 2020 | $3,093 | $103,100 | $16,300 | $86,800 |
| 2019 | $3,020 | $103,100 | $16,300 | $86,800 |
| 2018 | $2,901 | $103,100 | $16,300 | $86,800 |
| 2017 | $2,753 | $99,800 | $16,300 | $83,500 |
| 2016 | $2,530 | $95,700 | $16,300 | $79,400 |
| 2014 | $2,964 | $113,900 | $16,300 | $97,600 |
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 |
|---|---|---|---|---|
| 07/08/2026 07/08/26 | Price Changed | $350,000 | -5.4% | $55 / Sq Ft |
| 06/08/2026 06/08/26 | For Sale | $369,900 | -- | $58 / Sq Ft |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $101,200 | -- |
Source: Southern Indiana REALTORS® Association
MLS Number: 202609040
APN: 39-13-02-221-035-000-007
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.
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