An extremely rare 2 structure opportunity for OWNER-OCCUPANTS or for INVESTORS looking for an IMMEDIATE INCOME-PRODUCING property - proven AIRBNB GROSS INCOME OF OVER $69k FROM mid 2024-and all 2025 (financials available). The home has been maintained personally by local owners. FULLY FURNISHED with an acceptable offer. You can move right in or continue renting immediately! This beautifully renovated home (2024) boasts SEVERAL UPDATES while maintaining the home's original historic elements. Inside, enjoy an open kitchen with a passthrough to the living room and a door leading to the covered front patio and covered porch. Spacious dining/eating area, TILED MASTER BATH, TUB with shower in hall bath. Laundry includes new (2024) Electrolux stackable washer and dryer. Great curb appeal with easy to care for landscaping. CENTRAL LOCATION one block from river front, across the street from Centennial Park (literally front row viewing for movies, concerts and seasonal events), and only 2 blocks from downtown shops and restaurants. VERY RARE IN-TOWN MULTIPLE OFF STREET PARKING SPOTS in carport and in alley on concrete pad behind secondary building. The two story framed barn provides an opportunity for additional income producing space w/approx. 900 sq ft. An incredible IMMEDIATE INCOME PRODUCING INVESTMENT PROPERTY or JUST BRING YOUR TOOTHBRUSH and move right in!
For sale
Price cut: $5K (6/24)
$404,900
128 West Street, Madison, IN 47250
3beds
1,127sqft
Single Family Residence
Built in 1950
5,662 Square Feet Lot
$389,800 Zestimate®
$359/sqft
$-- HOA
What's special
Great curb appealTiled master bath
- 107 days |
- 356 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Scott Lynch,
F.C. Tucker/Scott Lynch Group
Source: SIRA,MLS#: 202606818
Originating MLS: Southern Indiana REALTORS Association
Originating MLS: Southern Indiana REALTORS AssociationLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Description: Flooring: Wood
- Level: First
- Dimensions: 11.6 x 9
Bedroom
- Description: Flooring: Wood
- Level: First
- Dimensions: 11.10 x 11.3
Bedroom
- Description: ensuite bathroom,Flooring: Wood
- Level: First
- Dimensions: 11 x 9.10
Dining room
- Description: Flooring: Wood
- Level: First
- Dimensions: 11.00 x 10.7
Family room
- Description: Office/Den,Flooring: Wood
- Level: First
- Dimensions: 11.6 x 8
Kitchen
- Description: with island and butcherblock countertops,Flooring: Wood
- Level: First
- Dimensions: 11.4 x 10
Living room
- Description: Flooring: Wood
- Level: First
- Dimensions: 11.00 x 17.2
Heating
- Heat Pump
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer
- Laundry: Laundry Closet, Main Level
Features
- Attic, Ceiling Fan(s), Separate/Formal Dining Room, Kitchen Island, Pantry, Storage, Utility Room, Window Treatments
- Windows: Blinds
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,127
- Total interior livable area: 1,127 sqft
- Finished area above ground: 1,127
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Carport
- Garage spaces: 1
- Has carport: Yes
- Has uncovered spaces: Yes
- Details: Off Street
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio, Porch
- Exterior features: Landscaping, Paved Driveway, Porch, Patio
- Has view: Yes
- View description: River
- Has water view: Yes
- Water view: River
Lot
- Size: 5,662 Square Feet
- Features: Corner Lot
Details
- Additional structures: Barn(s)
- Parcel number: 391302242017000007
- Zoning: Residential,Historic Dist
- Zoning description: Residential,Historic District
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One Story
- Property subtype: Single Family Residence
Materials
- Frame, Vinyl Siding
- Foundation: Block
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1950
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: $359/sqft
- Tax assessed value: $129,000
- Annual tax amount: $2,080
- Date on market: 3/21/2026
- Cumulative days on market: 107 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Estimated market value
$389,800
$370,000 - $409,000
$1,572/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Price change | $404,900-1.2%$359/sqft |
Source:  SIRA #202606818 Report a problem | ||
| 5/1/2026 | Price change | $409,900-1.2%$364/sqft |
Source: SIRA #202606818 Report a problem | ||
| 3/21/2026 | Listed for sale | $414,900$368/sqft |
Source: SIRA #202606818 Report a problem | ||
| 1/13/2026 | Listing removed | $414,900$368/sqft |
Source: SIRA #2025010406 Report a problem | ||
| 11/20/2025 | Price change | $414,900-2.4%$368/sqft |
Source: SIRA #2025010406 Report a problem | ||
| 10/29/2025 | Price change | $424,900-2.3%$377/sqft |
Source: SIRA #2025010406 Report a problem | ||
| 8/18/2025 | Listed for sale | $434,900+97.7%$386/sqft |
Source: SIRA #2025010406 Report a problem | ||
| 10/19/2022 | Sold | $220,000-2.2%$195/sqft |
Source:  Metro Search Inc. LLC DBA Apex MLS #1622887 Report a problem | ||
| 9/26/2022 | Pending sale | $225,000$200/sqft |
Source: Metro Search Inc. LLC DBA Apex MLS #1622887 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,068 -7.7% | $129,000 +24.8% |
| 2024 | $2,240 +118.1% | $103,400 -6.2% |
| 2023 | $1,027 +11.7% | $110,200 +13.7% |
| 2022 | $919 +9.9% | $96,900 +8.8% |
| 2021 | $837 +4.2% | $89,100 +3.8% |
| 2020 | $803 +6.9% | $85,800 |
| 2019 | $750 +4.9% | $85,800 |
| 2018 | $715 -8.3% | $85,800 +1.4% |
| 2017 | $780 +37% | $84,600 -6% |
| 2016 | $569 +6.2% | $90,000 +18.9% |
| 2014 | $536 -10.7% | $75,700 -4.9% |
| 2013 | $601 -1.1% | $79,600 |
| 2012 | $607 +6.7% | $79,600 -0.5% |
| 2011 | $569 -7% | $80,000 |
| 2010 | $612 +8.2% | $80,000 |
| 2009 | $566 -1.5% | $80,000 +3.9% |
| 2007 | $575 -32.3% | $77,000 +0.9% |
| 2006 | $849 | $76,300 +26.1% |
| 2005 | -- | $60,500 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 47250
Nearby schools
GreatSchools rating
- 9/10Lydia Middleton Elementary SchoolGrades: PK-4Distance: 0.5 mi
- 6/10Madison Consolidated Jr High SchoolGrades: 5-8Distance: 2.7 mi
- 6/10Madison Consolidated High SchoolGrades: 9-12Distance: 3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Indiana
- Jefferson County
- Madison
- 47250
- 128 West Street
Nearby cities
Nearby zip codes
Other Madison Topics
