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For sale
  • Price cut: $15K (6/25)
    $375,000

    113 Jefferson Street, Madison, IN 47250

    2beds
    1,152sqft
    : 
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    Single Family Residence
    Built in 1973
    4,356 Square Feet Lot
    $358,800 Zestimate®
    $326/sqft
    $-- HOA

    What's special

    Very dry basementOff-street parkingImpressive river viewsBeautifully updatedFully furnishedWonderfully spacious
    I am pleased to present an exceptional investment opportunity featuring two successful, side-by-side Airbnb properties in the heart of downtown Madison, Indiana. These one-level homes are within walking distance of all downtown amenities and are being offered for sale separately, however the opportunity to purchase 2 successful Airbnb properties side-is-side is very rare! Key highlights of these properties include: - Location: Situated within walking distance of downtown and featuring nice porches where you can view the beautiful Ohio River! Despite their proximity to Vaughn Drive, neither home was flooded by the last two major historical floods. - Features: One property offers convenient off-street parking, while the other is a spacious duplex featuring six bedrooms and four bathrooms. - Turnkey: Both homes are beautifully updated and fully furnished and are wonderfully spacious. All furnishings, linens, and several future bookings will be included in the sale. Whether you are looking for a continued short-term rental investment, a personal weekend getaway, or a full-time residence, these homes are move-in ready! Schedule a viewing of these beautiful properties before they're gone! This listing has impressive River views and a very DRY basement. The other listing that is being offered for sale next door is MLS #202606991
    93 days
    |
    492
    |
    11
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jacqueline Greene,

    Coldwell Banker Harrell & Asso

    Source: SIRA,MLS#: 202606979MLS LogoOriginating MLS: Southern Indiana REALTORS Association

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Bedroom
      • Description: Flooring: Luxury Vinyl Plank
      • Level: First
      • Dimensions: 10.10 x 15.8
      Bedroom
      • Description: Flooring: Luxury Vinyl Plank
      • Level: First
      • Dimensions: 10.10 x 13.8
      Kitchen
      • Description: Flooring: Luxury Vinyl Plank
      • Level: First
      • Dimensions: 11.5 x 21.7
      Living room
      • Description: Flooring: Luxury Vinyl Plank
      • Level: First
      • Dimensions: 11.4 x 25.4
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven, Washer
      • Laundry: Laundry Closet, Main Level
      Features
      • Ceiling Fan(s), Eat-in Kitchen, Bath in Primary Bedroom, Main Level Primary, Open Floorplan, Split Bedrooms, Storage, Skylights, Separate Shower, Utility Room, Window Treatments
      • Windows: Blinds, Skylight(s), Thermal Windows
      • Basement: Partial,Unfinished
      • Number of fireplaces: 1
      • Fireplace features: Electric
      Interior area
      • Total structure area: 1,152
      • Total interior livable area: 1,152 sqft
      • Finished area above ground: 1,152
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: No Garage
      • Has uncovered spaces: Yes
      • Details: Off Street
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Deck, Porch
      • Exterior features: Deck, Fence, Landscaping, Paved Driveway, Porch
      • Fencing: Yard Fenced
      • Has view: Yes
      • View description: River
      • Has water view: Yes
      • Water view: River
      • Frontage length: 40
      Lot
      • Size: 4,356 Square Feet
      Details
      • Parcel number: 391302244018000007
      • Zoning: Residential
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: One Story
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding, Frame
      • Foundation: Stone
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1973

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Connected, Public

      Community & HOA

      Community
      • Features: Sidewalks
      HOA
      • Has HOA: No
      Location
      • Region: Madison

      Financial & listing details

      • Price per square foot: $326/sqft
      • Tax assessed value: $66,300
      • Annual tax amount: $1,224
      • Date on market: 3/30/2026
      • Cumulative days on market: 94 days
      • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
      • Road surface type: Paved

        Estimated market value

        $358,800

        $341,000 - $377,000

        $1,544/mo

        Price history

        DateEventPrice
        6/25/2026Price change$375,000-3.8%$326/sqft
        Source: SIRA #202606979 Report a problem
        3/30/2026Listed for sale$390,000+36.8%$339/sqft
        Source: SIRA #202606979 Report a problem
        10/23/2023Sold$285,000-18.5%$247/sqft
        Source: SIRA #2023010727 Report a problem
        9/27/2023Pending sale$349,900$304/sqft
        Source: SIRA #2023010727 Report a problem
        9/25/2023Listed for sale$349,900$304/sqft
        Source: SIRA #2023010727 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,224 $66,300 +8.3%
        2024$1,224 +1%$61,200
        2023$1,212 +8.6%$61,200 +1%
        2022$1,116 +0.9%$60,600 +8.6%
        2021$1,106 $55,800 +0.9%
        2020$1,106 -19.7%$55,300
        2019$1,378 -9.8%$55,300 -19.7%
        2018$1,528 -1.2%$68,900 -9.8%
        2017$1,546 +8.4%$76,400 -1.2%
        2016$1,426 -0.3%$77,300 +8.1%
        2014$1,430 -4.3%$71,500 -4.3%
        2013$1,494 $74,700
        2012$1,494 -29.1%$74,700 -29.1%
        2011$2,108 $105,400
        2010$2,108 $105,400
        2009$2,108 -18.8%$105,400 +4%
        2007$2,595 +6.3%$101,300 +2.6%
        2006$2,441 $98,700

        Find assessor info on the county website

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 47250

        Getting around

        71 / 100
        Very Walkable
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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