$540,000

525 & 523 West St Madison, IN 47250

Estimated payment $3,563/month

Total Views 11,716
4 Beds
4 Baths
2,240 Sq Ft
$241 Price per Sq Ft

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.

Listing Agent

Marla Brennan

License #RB18002176

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

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Additional Parking: On Street
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Concrete Block, Poured Concrete, Rock
  • Legal Description: 011-04964-04 Lot 2 of Miner Plat for TRT 0.0431 Acres 523 & 525 West St
  • Numof Fireplaces: 1
  • Open House Count: 1
  • Parcel Number: 391302212005007007
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 2240
  • Type: 2 Story
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Cellar, Unfinished
  • Above Grade Finished Sq Ft: 2240.00
  • Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Fireplace: Decorative
  • Lot Sq Ft: 2178.00
  • Room Count: 9
  • Sewer Type: Sewer
  • Total Sq Ft: 2240
  • Total Rooms: 9

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Electric
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Lot Info

  • Acres: 0.0500
  • Zoning: Residential, Historic District

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Southern Indiana REALTORS® Association

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Source: Southern Indiana REALTORS® Association

MLS Number: 202506130

Southern Indiana REALTORS® Association