416 E 2nd St Madison, IN 47250
Estimated payment $4,179/month
Total Views
937
5
Beds
4
Baths
4,296
Sq Ft
$157
Price per Sq Ft
Highlights
- Very Popular Property
- 5 Fireplaces
- Covered patio or porch
- Main Floor Primary Bedroom
- Den
- 4-minute walk to Fireman's Park
About This Home
HISTORIC COSTIGAN MASTERPIECE IN THE HEART OF DOWNTOWN MADISON! Step into a piece of history with this commanding 1851 Greek Revival home, attributed to renowned architect Francis Costigan. Located in Madison, Indiana’s treasured historic district, this remarkable 5-bedroom, 4-bath residence captures timeless elegance and architectural distinction. From the original iron balcony and graceful double side porches to the beautiful iron fence encircling the property, every detail reflects classic sophistication. Inside, you’ll find 5 fireplaces, soaring 13-foot ceilings, and several ornate ceiling medallions, including one of the largest and most intricate in Madison. The showpiece of the home is the grand front parlor — an impressive 16’ x 36’ room featuring two exquisite black marble fireplace mantles and the unmatched ceiling medallion. The second-floor double parlor, also of high quality, can easily convert into two spacious bedrooms via original folding doors. A carriage house, now serving as a garage with potential living/guest quarters, adds to the historical charm and function of the property. This home is a rare opportunity to own one of Madison’s finest historic homes, where 19th-century craftsmanship meets lasting beauty.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,328
Year Built
- Built in 1851
Lot Details
- 9,583 Sq Ft Lot
- Lot Dimensions are 57x168
- Fenced Yard
- Landscaped
- Historic Home
- Property is zoned Historic District
Parking
- 2 Car Detached Garage
- On-Street Parking
Home Design
- Stone Foundation
Interior Spaces
- 4,296 Sq Ft Home
- 2-Story Property
- 5 Fireplaces
- Decorative Fireplace
- Gas Fireplace
- Entrance Foyer
- Formal Dining Room
- Den
- First Floor Utility Room
- Utility Room
- Basement
- Basement Cellar
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Oven or Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- 4 Full Bathrooms
Outdoor Features
- Covered patio or porch
Utilities
- Forced Air Heating and Cooling System
- Gas Available
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 391302131054
Map
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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 |
|---|---|---|---|---|
| 2024 | $5,328 | $266,400 | $8,900 | $257,500 |
| 2023 | $5,002 | $250,100 | $8,900 | $241,200 |
| 2022 | $4,506 | $225,300 | $8,900 | $216,400 |
| 2021 | $4,264 | $213,200 | $8,900 | $204,300 |
| 2020 | $4,138 | $206,900 | $8,900 | $198,000 |
| 2019 | $4,138 | $206,900 | $8,900 | $198,000 |
| 2018 | $4,138 | $206,900 | $8,900 | $198,000 |
| 2017 | $4,082 | $204,100 | $8,900 | $195,200 |
| 2016 | $4,082 | $204,100 | $8,900 | $195,200 |
| 2014 | $3,494 | $174,700 | $7,300 | $167,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/22/2025 07/22/25 | For Sale | $675,000 | -- | $157 / Sq Ft |
Source: Southern Indiana REALTORS® Association
Similar Homes in Madison, IN
Source: Southern Indiana REALTORS® Association
MLS Number: 202509696
APN: 39-13-02-131-054-000-007
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