507 W Main St Madison, IN 47250
Estimated payment $3,544/month
Highlights
- City Lights View
- Den
- First Floor Utility Room
- 6 Fireplaces
- Covered Patio or Porch
- Formal Dining Room
About This Home
Step back in time with the Classic Federal Historic John Boyd Home, circa 1834, prominently located on Main Street in the heart of Historic Downtown Madison. Listed on the National Register of Historic Places, this distinguished two story, 5 bedroom, 3 full bath brick residence blends timeless character with thoughtful updates. Inside, you’ll find East and West parlors, each featuring a fireplace, interior shutters, and original doors. The formal dining room, accented with a fireplace and dual chandeliers, is ideal for entertaining. A beautifully updated kitchen offers granite countertops, custom Mike Young soft close cabinetry with pull out shelving, an island, and its own fireplace. A cozy sitting room adjoins the East parlor, while another versatile sitting area leads seamlessly outdoors. Wide plank wood flooring flows throughout the home, adding to its authentic historic feel. Upstairs, there are four bedrooms and a full bath, along with a flexible room currently used as a walk-in closet that could easily be converted back to a bedroom. The property also offers modern conveniences with a garage with large covered porch, and additional off-street parking. This rare opportunity to own a piece of Madison’s history provides not only a prime downtown location, but also Historic features with a modern flow that make this home truly one of a kind. Copy and paste the following link to see more of what this property offers:
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,463
Year Built
- Built in 1834
Lot Details
- 4,748 Sq Ft Lot
- Fenced Yard
- Property is zoned Historic District
Parking
- 1 Car Detached Garage
- Off-Street Parking
Interior Spaces
- 3,244 Sq Ft Home
- 2-Story Property
- 6 Fireplaces
- Gas Fireplace
- Entrance Foyer
- Formal Dining Room
- Den
- First Floor Utility Room
- Storage
- Utility Room
- City Lights Views
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Basement Cellar
Outdoor Features
- Covered Patio or Porch
Utilities
- Forced Air Heating and Cooling System
- Gas Available
- Electric Water Heater
- Water Softener
Listing and Financial Details
- Assessor Parcel Number 391302223029000007
Map
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 | $2,463 | $246,300 | $5,000 | $241,300 |
| 2023 | $2,457 | $231,500 | $5,000 | $226,500 |
| 2022 | $2,246 | $214,300 | $5,000 | $209,300 |
| 2021 | $2,184 | $203,000 | $5,000 | $198,000 |
| 2020 | $2,040 | $197,100 | $5,000 | $192,100 |
| 2019 | $2,034 | $197,100 | $5,000 | $192,100 |
| 2018 | $1,726 | $172,600 | $5,000 | $167,600 |
| 2017 | $1,828 | $182,800 | $5,000 | $177,800 |
| 2016 | $1,828 | $182,800 | $5,000 | $177,800 |
| 2014 | $1,652 | $165,200 | $5,500 | $159,700 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/26/2025 09/26/25 | For Sale | $629,900 | +80.5% | $194 / Sq Ft |
| 12/27/2018 12/27/18 | Sold | $348,900 | -0.3% | $108 / Sq Ft |
| 11/26/2018 11/26/18 | Pending | -- | -- | -- |
| 11/11/2018 11/11/18 | For Sale | $349,900 | +35.8% | $108 / Sq Ft |
| 01/19/2017 01/19/17 | Sold | $257,580 | -11.1% | $79 / Sq Ft |
| 11/26/2016 11/26/16 | Pending | -- | -- | -- |
| 07/22/2016 07/22/16 | For Sale | $289,900 | -- | $89 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $257,600 | Jefferson County Land Title | |
| Deed | $170,000 | Mainsource Bank |
Source: Southern Indiana REALTORS® Association
MLS Number: 2025011359
APN: 39-13-02-223-029-000-007
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