
525 & 523 West St Madison, IN 47250
Estimated payment $3,563/month
About This Home
Wonderful opportunity to purchase a completely remodeled duplex in the heart of downtown Madison's historic district. The space provides the opportunity to live in one side and rent the other for some extra income or rent both units for short term or long term tenants. The location is just a brief 3 block walk to Main St that was granted the 2024 Great American Main St Award. The renovation was completed with new high end finishings but you can still feel the historic charm throughout the home. Each unit has 2 bedrooms and 2 bathrooms. Both kitchens have granite countertops, all kitchen appliances, and a washer and dryer. Floor plans are included in the photos. Dry basements are under both 523 and 525 for additional storage. Units are available separately at $275,000.
Home Details
Home Type
- Single Family
Year Built
- Built in 1980
Lot Details
- 2,178 Sq Ft Lot
- Property is zoned Historic District
Parking
- On-Street Parking
Home Design
- Block Foundation
- Stone Foundation
- Poured Concrete
Interior Spaces
- 2,240 Sq Ft Home
- 2-Story Property
- Decorative Fireplace
- Unfinished Basement
- Basement Cellar
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 391302212005007007
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/21/2025 05/21/25 | For Sale | $540,000 | 0.0% | $241 / Sq Ft |
03/27/2025 03/27/25 | Off Market | $540,000 | -- | -- |
02/27/2025 02/27/25 | For Sale | $540,000 | -- | $241 / Sq Ft |
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Source: Southern Indiana REALTORS® Association
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