NOT LISTED FOR SALE

421 Mill St Madison, IN 47250

Estimated Value: $144,000 - $152,829

2 Beds
1.5 Baths
1,264 Sq Ft
$118/Sq Ft Est. Value

Last Sold July 21, 2025

Last sale price $147,500 $117 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $826/month

35 Days on Market

Highlights

  • Covered Patio or Porch
  • Shed
  • Wood Siding
  • Fenced Yard
  • Ceiling Fan
  • Historic Home

About This Home

As of July 2025

This two bedroom, 1 1/2 bath home is nestled in the heart of historic Madison across from John Paul Park and one block from Main St. and the coffee cafes, restaurants and unique shops found there. Original oak floors are found on the first floor and 5" painted pine floors upstairs that exude character. The two bedrooms upstairs are connected with a Jack & Jill bath. Off street parking for a golf cart or a potential carport can be accessed from the rear alley. Comprehensive rehab with solid structure, this property is attractively priced to accommodate your renovation budget and offers a unique opportunity to create your dream home in the sought after historic district of Madison. While inspections are welcomed, the seller will not make any repairs.

Last Agent to Sell the Property

Terri Suiter

eXp Realty, LLC License #RB22002232 Listed on: 05/14/2025

Last Buyer's Agent

Scott Lynch

F.C. Tucker/Scott Lynch Group License #RB14019761

F.C. Tucker/Scott Lynch Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $506

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot
  • Fenced Yard
  • Historic Home
  • Property is zoned Historic District

Home Design

  • Wood Siding
  • Wood Trim

Interior Spaces

  • 1,264 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Basement
  • Basement Cellar

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Heating Available
  • Gas Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 390834444100000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$506

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Annual Tax: 506
  • Appointment: Mandatory
  • Construction: Existing
  • Legal Description: 011-02545-00 BEG ON 21 1/2' S OF SW COR MILL ST & 3RD (21 1/2 X 100) 11-103.1-66 421 Mill St
  • Out Buildings: Shed
  • Parcel Number: 390834444100000007
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 1264
  • Type: 1.5 Story, Historical
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 1264.00
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Interior Amenities: Ceiling Fan(s), Natural Wood Trim
  • Lot Sq Ft: 2178.00
  • Sewer Type: Sewer
  • Total Sq Ft: 1264

Exterior Features

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

Utilities

  • Fuel Type: Electric, Gas
  • Water Type: Public Onsite

Lot Info

  • Acres: 0.0500
  • Zoning: Residential, Historic District

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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Average Value
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Sold Price
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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
07/21/2025 07/21/25 Sold $147,500 -7.8% $117 / Sq Ft
06/18/2025 06/18/25 Pending -- -- --
05/14/2025 05/14/25 For Sale $160,000 -- $127 / Sq Ft
Source: Southern Indiana REALTORS® Association

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 $506 $64,900 $2,500 $62,400
2023 $507 $64,900 $2,500 $62,400
2022 $498 $59,700 $2,500 $57,200
2021 $437 $52,400 $2,500 $49,900
2020 $429 $52,400 $2,500 $49,900
2019 $411 $52,400 $2,500 $49,900
2018 $396 $52,400 $2,500 $49,900
2017 $386 $52,000 $2,500 $49,500
2016 $371 $52,000 $2,500 $49,500
2014 $371 $54,600 $2,100 $52,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202507921

Southern Indiana REALTORS® Association

APN: 39-08-34-444-100-000-007