$369,900

513 E Main St Madison, IN 47250

Madison Area

Estimated payment $2,272/month

3 Beds
2 Baths
1,394 Sq Ft
$265 Price per Sq Ft

Highlights

  • Brick or Stone Mason
  • Shed
  • Water Softener
  • Laundry Room
  • Central Air

About This Home

Historic Downtown Madison AirBNB opportunity! Step into charm and character of this beautiful historic home located in the heart of downtown Madison, Indiana. Currently operating as a successful, active AirBNB, this 3-bedroom, 2-bath home offers an excellent opportunity for investors or buyers looking for turn-key property with income potential. Original hardwood floors throughout add warmth and timeless character, while multiple fireplaces showcase the home's historic appeal. The spacious primary bedroom is conveniently located on the main floor. Enjoy the best of downtown Madison with shops, restaurants, riverfront attractions, and historic sites just moments away. A wonderful blend of historic charm, modern livability, and investment potential! The furniture can be purchase separately.

Listing Agent

Amy Hopwood-Ralston

Coldwell Banker Harrell & Asso Brokerage Phone: 812-265-3000 License #RB14047731 Listed on: 08/26/2026

Coldwell Banker Harrell & Asso

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,920

Year Built

  • Built in 1900

Lot Details

  • 261 Sq Ft Lot
  • Lot Dimensions are 15x168
  • Property is zoned Historic District, Historic District

Parking

  • Off-Street Parking

Home Design

  • Brick or Stone Mason
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,394 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Basement
  • Basement Cellar

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Shed

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Water Softener

Listing and Financial Details

  • Assessor Parcel Number 391302124010000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,920

Year Built

Built in 1900

Lot Details

261 Sq Ft Lot

Listing Details

  • New Construction: No
  • Parcel Number: 391302124010000007
  • Property Sub Type: Residential
  • Property Type: Residential
  • Year Built: 1900
  • LotSizeAcres: 0.006
  • Lot Size: 15x168
  • Co List Office Mls Id: 1298
  • Directions: East Main Street beyond State Hwy. 421. Home will be on the left.
  • Above Grade Finished Sq Ft: 1394.0
  • Living Area: 1394.0
  • PropertySubTypeAdditional: Residential
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Water Softener, Washer
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Decorative
  • Fireplaces: 1

Exterior Features

  • Stories: 2
  • Construction Type: Brick, Frame
  • Foundation Details: Cellar
  • Other Structures: Shed(s)
  • Roof: Metal

Garage/Parking

  • Garage Yn: No

Utilities

  • Laundry Features: Main Level, Laundry Room
  • Cooling: Central Air, Window Unit(s), WallWindow Unit(s)
  • Water Source: Connected, Public

Lot Info

  • Zoning: Historic District
  • Lot Size Sq Ft: 261.36
  • Land Lease Expiration Date: 2027-02-26
  • Zoning Description: Historic District

Tax Info

  • Tax Annual Amount: 2920.0

Map

Range of Values:

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Value 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

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 $2,920 $146,000 $2,300 $143,700
2024 $2,716 $135,800 $2,300 $133,500
2023 $1,273 $127,300 $2,300 $125,000
2022 $1,157 $115,700 $2,300 $113,400
2021 $1,107 $110,700 $2,300 $108,400
2020 $1,087 $108,700 $2,300 $106,400
2019 $1,087 $108,700 $2,300 $106,400
2018 $1,017 $101,700 $2,300 $99,400
2017 $994 $100,400 $2,300 $98,100
2016 $952 $100,400 $2,300 $98,100
2014 $932 $100,100 $2,800 $97,300
Source: Public Records

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
08/26/2026 08/26/26 For Sale $369,900 -- $265 / Sq Ft
Source: Southern Indiana REALTORS® Association

Purchase 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 Type Sale Price Title Company
Deed $250,000 Madison Land Title
Grant Deed $172,500 --
Source: Public Records

Source: Southern Indiana REALTORS® Association

MLS Number: 2026011309

Southern Indiana REALTORS® Association

APN: 39-13-02-124-010-000-007

Indiana Jefferson County Madison 47250

513 E Main St, Madison, IN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southern Indiana REALTORS® Association IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.

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Amy Hopwood-Ralston
Listing Agent
Amy Hopwood-Ralston
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Coldwell Banker Harrell & Asso
(812) 506-8722
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