NOT LISTED FOR SALE

416 E 2nd St Madison, IN 47250

Estimated Value: $597,000 - $668,000

5 Beds
4 Baths
4,296 Sq Ft
$150/Sq Ft Est. Value

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.

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2025 07/22/25 For Sale $675,000 -- $157 / Sq Ft

Tax History Compared to Growth

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
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

Agents Affiliated with this Home

  • Section Image
See All Agents

Map