$244,998

605 Walnut St Madison, IN 47250

Estimated payment $1,378/month

2 Beds
1.5 Baths
1,512 Sq Ft
$162 Price per Sq Ft

Highlights

  • Eat-In Kitchen
  • Patio
  • Central Air
  • Brick or Stone Mason
  • Shed
  • Ceiling Fan

About This Home

Positioned within walking distance to Downtown Amenities, this move-in-ready Federal-style residence presents a compelling opportunity to capitalize on ongoing neighborhood investment and appreciation. The home successfully balances historic character with thoughtful modern updates, offering both authenticity and functionality.
Key features include main floor updated kitchen appliances, living room, fireplace, dining room area, and half bath. Tall Ceilings, and finished painted hardwood floors that create a bright, durable living environment. A notably spacious, dry cellar provides flexible-use space not found in comparable Madison properties, ideal for a bonus room, work out space, or a secret "Speak Easy" space.
The upper-level has an additional living or lounge area, both bedrooms, and a full bathroom - Enhancing the home's versatility from Owner Occupied, to Bed & Breakfast! Lots of possibilities. Outside, a fully fenced backyard offers multiple seating and entertainment spaces, including the covered Patio, and complemented by a storage barn for added convenience.

Listing Agent

Angela Bauer

RE/MAX FIRST Brokerage Phone: 812-283-4778 License #RB14051241 Listed on: 07/08/2026

RE/MAX FIRST

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $745

Year Built

  • Built in 1840

Lot Details

  • 2,287 Sq Ft Lot
  • Property is zoned Residential,Historic Dist, Residential,Historic District

Home Design

  • Brick or Stone Mason
  • Brick Foundation
  • Metal Roof

Interior Spaces

  • 1,512 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Electric Fireplace
  • Laundry on main level
  • Basement

Kitchen

  • Eat-In Kitchen
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Patio
  • Shed

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 0110286100

Home Details

Home Type

Single Family

Est. Annual Taxes

$745

Year Built

Built in 1840

Lot Details

2,287 Sq Ft Lot

Listing Details

  • New Construction: No
  • Parcel Number: 0110286100
  • Property Sub Type: Residential
  • Property Type: Residential
  • Year Built: 1840
  • LotSizeAcres: 0.0525
  • Road Surface Type: Paved
  • Co List Office Mls Id: 437
  • Directions: Downtown Madison.
  • Above Grade Finished Sq Ft: 1512.0
  • Living Area: 1512.0
  • PropertySubTypeAdditional: Residential
  • Special Features: None

Interior Features

  • Appliances: Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Basement: Yes
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Home Office
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Electric
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Fence, Patio
  • Stories: 2
  • Construction Type: Brick
  • Foundation Details: Brick/Mortar
  • Other Structures: Shed(s)
  • Roof: Metal

Garage/Parking

  • Garage Yn: No

Utilities

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

Schools

  • Junior High Dist: Madison Cons.

Lot Info

  • Zoning: Residential,Historic Dist
  • Lot Size Sq Ft: 2286.9
  • Land Lease Expiration Date: 2026-12-31
  • Zoning Description: Residential,Historic District

Tax Info

  • Tax Annual Amount: 745.0

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

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 $744 $92,600 $2,700 $89,900
2024 $745 $86,200 $2,700 $83,500
2023 $622 $80,900 $2,700 $78,200
2022 $512 $74,800 $2,700 $72,100
2021 $579 $71,400 $2,700 $68,700
2020 $551 $69,300 $2,700 $66,600
2019 $528 $69,300 $2,700 $66,600
2018 $507 $69,300 $2,700 $66,600
2017 $1,374 $68,700 $2,700 $66,000
2016 $1,374 $68,700 $2,700 $66,000
2014 $341 $62,000 $2,800 $59,200
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
07/08/2026 07/08/26 For Sale $244,998 +23.7% $162 / Sq Ft
10/13/2023 10/13/23 Sold $198,000 0.0% $131 / Sq Ft View Prior Sale
09/07/2023 09/07/23 Pending -- -- --
08/31/2023 08/31/23 For Sale $198,000 -- $131 / 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 $198,000 Near North Title Group
Grant Deed $77,000 --
Deed $68,000 --
Deed $71,000 --
Deed $71,000 --
Deed $76,000 --
Deed $79,000 --
Deed $79,000 Madison Land Title
Source: Public Records

Source: Southern Indiana REALTORS® Association

MLS Number: 202609995

Southern Indiana REALTORS® Association

APN: 39-08-35-443-122-000-007

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