$95,000
SOLD MAY 27, 2026

628 W 3rd St Madison, IN 47250

3 Beds
1.5 Baths
1,238 Sq Ft
6,534 Sq Ft Lot

Sale Details

Date Sold: May 27, 2026

$77 Per Sq Ft

4% Below List Price

8 Days on Market

Highlights

  • 2 Fireplaces
  • Laundry Room
  • 1-Story Property
  • Patio
  • Central Air

About This Home

As of May 2026

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. Great opportunity for investors or buyers looking for a project. Property is being sold in present condition and seller will make no repairs .With some updates and creativity, this property could truly shine!

Last Agent to Sell the Property

Jim Pruett

eXp Realty, LLC Brokerage Phone: 812-274-0660 License #RB14034779 Listed on: 04/08/2026

eXp Realty, LLC

Last Buyer's Agent

Alexandra McGillan

Legacy Land Use & Realty License #RB25001639

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,290

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,238 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Basement
  • Laundry in Basement
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Patio
  • 6,534 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 390834444033000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,290

Lot Details

6,534 Sq Ft Lot

Listing Details

  • New Construction: No
  • Parcel Number: 390834444033000007
  • Property Sub Type: Residential
  • Property Type: Residential
  • LotSizeAcres: 0.15
  • Road Surface Type: Paved
  • Co List Office Mls Id: 57301
  • Directions: From Cragmont turn East onto Third Street, then the home is on the left.
  • Above Grade Finished Sq Ft: 1238.0
  • Living Area: 1238.0
  • PropertySubTypeAdditional: Residential
  • Special Features: None

Interior Features

  • Basement: Yes
  • Interior Amenities: Main Level Primary
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 2
  • Total Bedrooms: 8

Exterior Features

  • Exterior Features: Patio
  • Stories: 1
  • Construction Type: Frame
  • Foundation Details: Stone
  • Roof: Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Laundry Features: In Basement, Laundry Room
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Connected, Public

Lot Info

  • Zoning: Residential
  • Lot Size Sq Ft: 6534.0
  • Land Lease Expiration Date: 2026-09-30
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 1290.0

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2024
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $65,000 North Vernon Abstract Company
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
05/27/2026 05/27/26 Sold $95,000 -3.6% $77 / Sq Ft
04/16/2026 04/16/26 Pending -- -- --
04/08/2026 04/08/26 For Sale $98,500 -- $80 / Sq Ft
Source: Southern Indiana REALTORS® Association

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 $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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202607235

Southern Indiana REALTORS® Association

APN: 39-08-34-444-033-000-007

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