Robin DeLuca
F.C. Tucker Company
(888) 861-7177
39 Total Sales
1 in Madison
$224,500 Price
422 E 2nd St Madison, IN 47250
Madison Area
4
Beds
5
Baths
3,716
Sq Ft
4,835
Sq Ft Lot
Highlights
- Federal Architecture
- Brick or Stone Mason
- Baseboard Heating
- Radiant Floor
- Dining Room
- 5-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.
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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 Values in the Area
Average Home Value in this Area
Agents Specializing in Madison, IN
-
Robin DeLuca
-
Jennifer Coward
Jennifer Coward
Semonin REALTORS
(930) 300-4431
39 Total Sales
2 in Madison
$183K - $237K Price Range
-
William Kramer
William Kramer
JPAR Aspire
(502) 735-1132
30 Total Sales
1 in Madison
$45,000 Price
-
William Andes
William Andes
Responds QuicklyeXp Realty, LLC
(502) 547-0869
104 Total Sales
3 in Madison
$49K - $205K Price Range
-
Christi Sauley-Kernen
Christi Sauley-Kernen
F.C. Tucker/Scott Lynch Group
(812) 818-2603
15 Total Sales
7 in Madison
$200K - $324K Price Range
-
Edmund Ferrall
Edmund Ferrall
Comey & Shepherd
(513) 952-8798
199 Total Sales
1 in Madison
$246,500 Price
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 |
|---|---|---|---|---|
| 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
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 | $3,617 | $21,461 | $1,741 | $19,720 |
| 2024 | $3,617 | $21,461 | $1,741 | $19,720 |
| 2023 | $3,505 | $20,460 | $1,422 | $19,038 |
| 2022 | $3,505 | $20,460 | $1,422 | $19,038 |
| 2021 | $3,444 | $20,459 | $1,422 | $19,037 |
| 2020 | $3,536 | $18,977 | $1,083 | $17,894 |
| 2019 | $3,451 | $20,604 | $1,083 | $19,521 |
| 2018 | $3,391 | $20,604 | $1,083 | $19,521 |
| 2017 | $3,136 | $17,944 | $922 | $17,022 |
| 2016 | $3,094 | $17,944 | $922 | $17,022 |
| 2015 | $2,808 | $17,944 | $922 | $17,022 |
| 2014 | $2,616 | $16,669 | $722 | $15,947 |
| 2013 | $2,553 | $16,669 | $722 | $15,947 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Pruett
Seller's Agent in 2025
Jim Pruett
Exp Realty
(812) 274-0660
312 Total Sales
Map
Source: Southeastern Indiana Board of REALTORS®
MLS Number: 204972
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