422 E 2nd St Madison, IN 47250

4 Beds
5 Baths
3,716 Sq Ft
4,835 Sq Ft Lot

Last Sold December 18, 2025

199 Days on Market

Highlights

  • Federal Architecture
  • Brick or Stone Mason
  • Baseboard Heating
  • Radiant Floor
  • Dining Room
  • 4-minute walk to Fireman's Park

About This Home

Endless Possibilities in the Heart of Historic Downtown Madison! This versatile 4 unit, 2 story building is a rare opportunity for investors or visionary homeowners. Currently configured as four apartment units, the property offers a range of optionsmaintain it as a 4 unit rental, reimagine it as three apartments and two efficiencies, convert it into two charming single-family homes, or create a unique blend such as a primary residence on one side with short-term rentals on the other. Original trim can be found throughout property. Located in a prime downtown location, this property combines character, convenience, and exceptional potential for income or multi-generational living. There are 5 electric meters, 2 water meters and 2 meters for gas hookup if potential buyer would want gas. Property was recently inspected and no major defects were found. Tenants are month to month, 3 units are $650/mth, other unit is $460/mth.

Last Agent to Sell the Property

Jim Pruett

Exp Realty Listed on: 05/02/2025

Exp Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1840

Lot Details

  • 4,835 Sq Ft Lot

Home Design

  • Federal Architecture
  • Brick or Stone Mason
  • Stone Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 3,716 Sq Ft Home
  • 2-Story Property
  • Dining Room
  • Radiant Floor
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Full Bathrooms

Parking

  • No Garage
  • No Driveway
  • On-Street Parking

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • Southeastern Indiana Board Association

Home Details

Home Type

Single Family

Year Built

Built in 1840

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Architecture: Federal
  • Single Family Type: Single Family Detach
  • FILLACRES: 0.1110
  • Allow On Internet: True
  • Bathroom 4 Level: 2
  • Level 1 Bathroom Type: Full
  • Level 1 Bathroom: Yes
  • Level 1 Bedroom: Yes
  • Complete Renovation: No
  • Family Room: No
  • Laundry Level1: No
  • Unit Levels: Two
  • Second Floor Living Room: 18.80x18.30 Level: 1
  • Lot Measurement: Acres
  • Mud Room Dim: 0.00 x 0.00
  • Other Room10 Dim: 0.00 x 0.00
  • Other Room1 Area: 307.5800
  • Other Room1 Len: 18.20
  • Other Room2 Area: 163.5600
  • Other Room2 Len: 14.10
  • Other Room3 Area: 331.2400
  • Other Room3 Len: 18.20
  • Other Room4 Area: 132.0000
  • Other Room4 Len: 12.00
  • Other Room5 Area: 204.2400
  • Other Room5 Len: 14.80
  • Other Room6 Area: 162.4000
  • Other Room6 Len: 14.00
  • Other Room7 Dim: 0.00 x 0.00
  • Other Room8 Dim: 0.00 x 0.00
  • Other Room9 Dim: 0.00 x 0.00
  • Prop. Type: Residential
  • Total Finished Square Footage: 3716.00
  • Study Office Dim: 0.00 x 0.00
  • Water Heating: Electric
  • Year Built: 1840
  • Public Listing Url: https://seibr.rapmls.com/scripts/mgrqispi.dll?APPNAME=seindiana&PRGNAME=MLSLogin&ARGUMENT=Pm9hduPBkA1zpWoHcqfQhVuaXQlMHEp5Xm6IJUWUkOk=&KeyRid=1
  • TypeOfHome: Stick Built
  • Special Features: None
  • Stories: 2

Interior Features

  • Kitchen Area: 132.0000
  • Master Bedroom Dim: 18.70 x 13.10
  • Bedroom 5: 0x0 Level:
  • Bathroom 1: Full
  • Bathroom 2: Full
  • Bathroom 3: Full
  • Bathroom 4: Full
  • Bathroom 1 Level: 1
  • Bathroom 2 Level: 1
  • Bathroom 3 Level: 2
  • Full Bathrooms: 5
  • Laundry Room: 11.80x6.10 Level: 2
  • Other Room1 Dim: 18.20 x 16.90
  • Other Room2 Dim: 14.10 x 11.60
  • Other Room3 Dim: 18.20 x 18.20
  • Kitchen2: 12x11 Level: 1
  • Other Room4 Dim: 12.00 x 11.00
  • Living Room Area: 344.0400
  • Livingroom Len: 18.80
  • Livingroom Wid: 18.30
  • Sunroom Dim: 0.00 x 0.00
  • Has Basement: Partial
  • Basement Bathrooms: 5
  • Bedroom 2: 15.20x13.90 Level: 1
  • Bedroom 3: 18.70x13.10 Level: 2
  • Bedroom 4: 18.40x10.80 Level: 2
  • Lower Floor 1 Bedrooms: 4
  • Dining Room: 18.70x13.10 Level: 1
  • Dining Room Area: 244.9700
  • Formal Dining Room: Yes
  • Laundry Room Area: 71.9800
  • Laundryroom Dim: 11.80 x 6.10
  • Master Bedroom: 18.70x13.10 Level: 1
  • New Construction: No
  • Other Room 1: 18.20x16.90 Level: 1
  • Other Room 2: 14.10x11.60 Level: 1
  • Other Room 3: 18.20x18.20 Level: 2
  • Other Room 4: 12x11 Level: 2
  • Other Room5: 14.80x13.80 Level: 2
  • Other Room5 Dim: 14.80 x 13.80
  • Other Room6: 14x11.60 Level: 2
  • Other Room6 Dim: 14.00 x 11.60
  • Recreation Room Dim: 0.00 x 0.00
  • Total Rooms: 13
  • Windows: Other
  • Walls: Drywall
  • Above Grade Finished Sq Ft: 3716

Beds/Baths

  • Bedroom 2 Area: 211.2800
  • Bedroom 3 Area: 244.9700
  • Bedroom 4 Area: 198.7200
  • Master Bedroom Area: 244.9700

Exterior Features

  • Exterior Construction: Brick
  • Driveway Type: None
  • Foundation: Stone
  • Roof: Shingle
  • Easements: None

Garage/Parking

  • Garage/Carport Description: None
  • Parking: On Street

Utilities

  • Cooling: Window Unit
  • Gas Company: Natural
  • Heating: Baseboard, Radiant Floor
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Southeastern Indiana Board

Schools

  • School District: Madison Consolidated

Lot Info

  • Lot Dimensions: odd
  • Lot Size Sq Ft: 4835.00
  • Zoning: RESI

Rental Info

  • For Lease: No

Tax Info

  • Semi Annual Taxes: 1578
  • Tax Exemptions: None

MLS Schools

  • School Type: Elementary School
  • School Name: Lydia Middleton Elem
  • School Type: High School
  • School Name: Madison Consolidated

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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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
12/18/2025 12/18/25 Sold -- -- --
11/17/2025 11/17/25 Pending -- -- --
10/28/2025 10/28/25 Price Changed $265,000 -8.3% $71 / Sq Ft
09/09/2025 09/09/25 Price Changed $289,000 -6.6% $78 / Sq Ft
07/31/2025 07/31/25 Price Changed $309,500 -4.8% $83 / Sq Ft
06/30/2025 06/30/25 For Sale $325,000 0.0% $87 / Sq Ft
06/02/2025 06/02/25 Pending -- -- --
05/02/2025 05/02/25 For Sale $325,000 -- $87 / Sq Ft
Source: Southeastern Indiana Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jim Pruett

    Seller's Agent in 2025

    Jim Pruett

    Exp Realty

    (812) 274-0660

    171 in this area

    368 Total Sales

    Jim Pruett
    Section Image
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Map

Source: Southeastern Indiana Board of REALTORS®

MLS Number: 204972

Southeastern Indiana Board of REALTORS®
Indiana Jefferson County Madison 47250

422 E 2nd St, Madison, IN

Not Listed for Sale

Detached

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