628 W 3rd St Madison, IN 47250
Estimated payment $626/month
About This Home
Bring your vision and make this one your own! Located in the heart of historic downtown Madison, Indiana, this 2 bedroom, 1.5 bath one story home is full of potential and ready for your personal touch. The home offers a functional layout with all living spaces on one level. Whether you're an investor, DIY enthusiast, or buyer looking to customize your dream space, this property presents a great opportunity to build equity. A partial basement adds valuable storage or workspace options, while the prime location puts you just steps from Madison's charming shops, local dining, and scenic riverfront. There is access from Presbyterian Drive in the back for a possible garage. Taxes are at a 2% cap, if owner occupied the taxes would be $645. There are 2 fireplaces, neither are working.
Home Details
Home Type
- Single Family
Year Built
- Built in 1900
Parking
- On-Street Parking
Home Design
- Shingle Roof
- Aluminum Siding
Interior Spaces
- 1,238 Sq Ft Home
- 1-Story Property
- Basement
Bedrooms and Bathrooms
- 3 Bedrooms
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 390834444033000007
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $1,290 | $64,500 | $6,100 | $58,400 |
| 2024 | $1,483 | $70,600 | $6,100 | $64,500 |
| 2023 | $1,412 | $70,600 | $6,100 | $64,500 |
| 2022 | $1,304 | $65,200 | $6,100 | $59,100 |
| 2021 | $1,150 | $57,500 | $6,100 | $51,400 |
| 2020 | $1,150 | $57,500 | $6,100 | $51,400 |
| 2019 | $1,150 | $57,500 | $6,100 | $51,400 |
| 2018 | $1,150 | $57,500 | $6,100 | $51,400 |
| 2017 | $1,134 | $56,700 | $6,100 | $50,600 |
| 2016 | $1,134 | $56,700 | $6,100 | $50,600 |
| 2014 | $1,352 | $67,600 | $4,900 | $62,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/17/2026 04/17/26 | Pending | -- | -- | -- |
| 04/17/2026 04/17/26 | For Sale | $98,500 | -- | $80 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $65,000 | North Vernon Abstract Company |
Source: Metro Search, Inc.
MLS Number: 1714717
APN: 39-08-34-444-033-000-007
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Based on information submitted to the MLS GRID
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