Chris Koerner
Property Advancement Realty
(812) 920-5816
198 Total Sales
2 in Madison
$126K - $243K Price Range
727 W 3rd St Madison, IN 47250
Madison AreaEstimated Value: $307,042 - $537,000
7
Beds
10
Baths
6,684
Sq Ft
$62/Sq Ft
Est. Value
Highlights
- 3 Fireplaces
- Forced Air Heating and Cooling System
- Historic Home
- Shed
About This Home
As of November 2025OPPORTUNITY at a scale an investor can appreciate. If you are wanting rental investments, why not acquire 7 units? Madison has maintained rentals in this classic set of tri-plexes for 150+ years, and the owners of this property have made necessary updates, but want to let YOU carry this one forward. If you are seeking funds toward rehabbing the buildings, at this location there are two separate parcels, and therefore you could receive two grants. There is potential for historic contributions on the grounds of this property being a part of the Underground Railroad. The history is alleged, and at this time the listing agent does not have documentation of this history. The sale of this Real Estate is to be AS-IS, but buyers are welcome to thorough inspections.
Last Agent to Sell the Property
Legacy Land Use & Realty License #RB18001702 Listed on: 08/11/2025
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,522
Year Built
- Built in 1840
Lot Details
- 21,780 Sq Ft Lot
- Historic Home
Parking
- Off-Street Parking
Home Design
- Stone Foundation
Interior Spaces
- 6,684 Sq Ft Home
- 2-Story Property
- 3 Fireplaces
- Decorative Fireplace
- Basement
- Basement Cellar
Bedrooms and Bathrooms
- 7 Bedrooms
Outdoor Features
- Shed
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 390334444082
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
Feb 18, 2016
Sold by
Bought by
Current Estimated Value
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Madison, IN
-
Chris Koerner
-
Julie Gamble
Julie Gamble
JPAR Aspire
(812) 382-3451
59 Total Sales
1 in Madison
$147,500 Price
-
Madonna Moody
Madonna Moody
RE/MAX FIRST
(930) 300-4320
47 Total Sales
1 in Madison
$210,000 Price
-
Robin DeLuca
Robin DeLuca
F.C. Tucker Company
(888) 861-7177
39 Total Sales
1 in Madison
$224,500 Price
-
Jennifer Coward
Jennifer Coward
Semonin REALTORS
(930) 300-4431
39 Total Sales
2 in Madison
$183K - $237K Price Range
-
William Kramer
William Kramer
JPAR Aspire
(502) 735-1132
30 Total Sales
1 in Madison
$45,000 Price
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $142,500 | Tradition Title Agency, Llc |
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 |
|---|---|---|---|---|
| 11/05/2025 11/05/25 | Sold | $300,000 | -24.8% | $45 / Sq Ft |
| 10/03/2025 10/03/25 | Pending | -- | -- | -- |
| 09/23/2025 09/23/25 | Price Changed | $399,000 | -13.1% | $60 / Sq Ft |
| 08/11/2025 08/11/25 | For Sale | $459,000 | -- | $69 / 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 | $3,214 | $160,700 | $7,600 | $153,100 |
| 2024 | $2,646 | $126,000 | $7,600 | $118,400 |
| 2023 | $2,520 | $126,000 | $7,600 | $118,400 |
| 2022 | $2,372 | $118,600 | $7,600 | $111,000 |
| 2021 | $2,174 | $108,700 | $7,600 | $101,100 |
| 2020 | $2,094 | $104,700 | $7,600 | $97,100 |
| 2019 | $2,094 | $104,700 | $7,600 | $97,100 |
| 2018 | $2,094 | $104,700 | $7,600 | $97,100 |
| 2017 | $2,070 | $103,500 | $7,600 | $95,900 |
| 2016 | $2,070 | $103,500 | $7,600 | $95,900 |
| 2014 | $1,928 | $96,400 | $6,200 | $90,200 |
Source: Public Records
Agents Affiliated with this Home
-
Jessica Butler
Seller's Agent in 2025
Jessica Butler
Legacy Land Use & Realty
(812) 701-0002
91 Total Sales
-
John Demaree
Buyer's Agent in 2025
John Demaree
F.C. Tucker/Scott Lynch Group
(502) 514-3715
48 Total Sales
Map
Source: Southern Indiana REALTORS® Association
MLS Number: 2025010231
APN: 39-08-34-444-082-000-007
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.
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