$349,900
$49K PRICE DROP

518 Jefferson St Madison, IN 47250

Madison Area

Estimated payment $1,981/month

Total Views 29,847
4 Beds
2.5 Baths
2,652 Sq Ft
$132 Price per Sq Ft

Highlights

  • City View
  • Butlers Pantry
  • Brick or Stone Mason
  • 3 Fireplaces
  • Eat-In Kitchen
  • Walk-In Closet

About This Home

Fully renovated historic Federal-style brick home located in downtown Madison. This two-story property offers 4 bedrooms and 2.5 bathrooms and blends timeless character with modern updates. Features include a spacious open kitchen with new cabinetry, stainless steel appliances, center island with breakfast bar, coffee bar, and butler’s pantry. Main level includes living room, flex room that offers the potential for a main level bedroom or office, powder room, and large laundry room with sink. Home showcases three decorative fireplaces and a primary suite with ensuite bath featuring double vanity and tiled shower. Enjoy a private fenced backyard, detached 2-car garage, and cellar for storage. Located in the heart of historic downtown near local shops and dining.

Listing Agent

Scott Lynch

F.C. Tucker/Scott Lynch Group Brokerage Phone: 812-265-3122 License #RB14019761 Listed on: 03/20/2026

F.C. Tucker/Scott Lynch Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $722

Year Built

  • Built in 1900

Parking

  • 2 Car Garage

Home Design

  • Brick or Stone Mason
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,652 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 3 Fireplaces
  • Decorative Fireplace
  • City Views
  • Basement
  • Basement Cellar

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level

Additional Features

  • 3,485 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 391302122017000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$722

Year Built

Built in 1900

Lot Details

3,485 Sq Ft Lot

Parking

2

Listing Details

  • New Construction: No
  • Parcel Number: 391302122017000007
  • Property Sub Type: Residential
  • Property Type: Residential
  • Year Built: 1900
  • LotSizeAcres: 0.08
  • Road Surface Type: Paved
  • View: City
  • Co List Office Mls Id: 1301
  • Directions: Located on Jefferson Street in downtown Madison in between Third and 4th street on the East side of the street.
  • Above Grade Finished Sq Ft: 2652.0
  • Living Area: 2652.0
  • PropertySubTypeAdditional: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Oven, Range, Refrigerator
  • Basement: Yes
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Pantry, Utility Room, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Decorative
  • Fireplaces: 3
  • Total Bedrooms: 11

Exterior Features

  • Exterior Features: Fence
  • Stories: 2
  • Construction Type: Brick, Frame
  • Foundation Details: Cellar
  • Other Structures: Garage(s)
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

  • Laundry Features: Main Level, Laundry Room
  • Cooling: Central Air
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Madison Cons.

Lot Info

  • Zoning: Residential
  • Lot Size Sq Ft: 3484.8
  • Land Lease Expiration Date: 2026-09-21
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 722.0

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 $722 $36,100 $3,400 $32,700
2024 $666 $33,300 $3,400 $29,900
2023 $2,270 $113,500 $3,400 $110,100
2022 $510 $25,500 $3,400 $22,100
2021 $482 $24,100 $3,400 $20,700
2020 $470 $23,500 $3,400 $20,100
2019 $470 $23,500 $3,400 $20,100
2018 $470 $23,500 $3,400 $20,100
2017 $2,624 $131,200 $3,400 $127,800
2016 $2,624 $131,200 $3,400 $127,800
2014 $1,772 $88,600 $3,500 $85,100
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 Prior Sale
08/28/2026 08/28/26 Price Changed $349,900 -1.4% $132 / Sq Ft
07/08/2026 07/08/26 Price Changed $354,900 -1.4% $134 / Sq Ft
06/24/2026 06/24/26 Price Changed $359,900 -0.8% $136 / Sq Ft
06/16/2026 06/16/26 Price Changed $362,900 -1.7% $137 / Sq Ft
06/08/2026 06/08/26 Price Changed $369,000 -2.9% $139 / Sq Ft
05/20/2026 05/20/26 Price Changed $379,900 -2.1% $143 / Sq Ft
05/08/2026 05/08/26 Price Changed $387,900 -0.5% $146 / Sq Ft
04/23/2026 04/23/26 Price Changed $389,900 -2.3% $147 / Sq Ft
03/20/2026 03/20/26 For Sale $399,000 -- $150 / Sq Ft
03/27/2019 03/27/19 Sold -- -- -- View Prior Sale
02/25/2019 02/25/19 Pending -- -- --
07/28/2010 07/28/10 For Sale -- -- --
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 $70,000 Madison Land Title
Deed $25,500 --
Deed $11,000 Statewide Title Co, Inc
Quit Claim Deed -- Feiwell And Hannoy
Source: Public Records

Source: Southern Indiana REALTORS® Association

MLS Number: 202606801

Southern Indiana REALTORS® Association

APN: 39-13-02-122-017-000-007

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