Convenient Location in Downtown Historic Madison! Previous rental, ready to remodel and use your imagination- Make it a residence, Airbnb, long term rental or even a business! Open floor plan with 1/2 bath on main level with 2-3 bedrooms/offices and full bathroom upstairs. Small backyard - just enough for a patio or fenced in area. Selling As Is.
For sale
$195,000
218 E Third Street, Madison, IN 47250
3beds
1,502sqft
Single Family Residence
Built in 1900
1,306 Square Feet Lot
$177,500 Zestimate®
$130/sqft
$-- HOA
What's special
Small backyardOpen floor plan
- 3 days
- 317
- 10
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Robin Mingione,
eXp Realty, LLC
Source: SIRA,MLS#: 2026012829
Originating MLS: Southern Indiana REALTORS Association
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Description: Flooring: Wood
- Level: Second
- Dimensions: 14 x 13
Bedroom
- Description: Flooring: Wood
- Level: Second
- Dimensions: 11 x 13
Bedroom
- Description: Flooring: Wood
- Level: Second
- Dimensions: 11 x 12
Dining room
- Description: Flooring: Wood
- Level: First
- Dimensions: 11 x 14
Other
- Description: Flooring: Vinyl
- Level: Second
- Dimensions: 5 x 8
Kitchen
- Description: Flooring: Vinyl
- Level: First
- Dimensions: 11 x 14
Living room
- Description: Flooring: Vinyl
- Level: First
- Dimensions: 14 x 14
Other
- Description: Flooring: Other
- Level: First
- Dimensions: 11 x 6
Heating
- Forced Air
Cooling
- Window Unit(s), WallWindow Unit(s)
Appliances
- Included: Dryer, Oven, Range, Refrigerator, Washer
- Laundry: Main Level, Other
Features
- Utility Room
- Has basement: Yes
- Has fireplace: No
Interior area
- Total structure area: 1,502
- Total interior livable area: 1,502 sqft
- Finished area above ground: 1,502
- Finished area below ground: 0
Property
Parking
- Details: On Street
Features
- Levels: Two
- Stories: 2
Lot
- Size: 1,306 Square Feet
- Features: Corner Lot
Details
- Parcel number: 391302214006000007
- Zoning: Residential
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Two Story
- Property subtype: Single Family Residence
Materials
- Brick, Frame
- Foundation: Stone, Cellar
- Roof: Shingle
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Water: Connected, Public
Community & HOA
Location
- Region: Madison
Financial & listing details
- Price per square foot: $130/sqft
- Tax assessed value: $66,600
- Annual tax amount: $1,250
- Date on market: 10/26/2026
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
$177,500
$142,000 - $211,000
$1,650/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/26/2026 | Listed for sale | $195,000+2500%$130/sqft |
Source: | ||
| 1/20/2026 | Listing removed | $1,407$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/17/2026 | Listed for rent | $1,407+140.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/17/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/1/2023 | Listed for rent | $585 |
Source: Zillow Rentals Report a problem | ||
| 1/5/2010 | Sold | $7,500$5/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,248 +6.7% | $66,600 +6.7% |
| 2024 | $1,170 -35.1% | $62,400 +6.7% |
| 2023 | $1,804 +4.6% | $58,500 -35.1% |
| 2022 | $1,724 +3.2% | $90,200 +4.6% |
| 2021 | $1,670 | $86,200 +3.2% |
| 2020 | $1,670 -14% | $83,500 |
| 2019 | $1,942 +0.9% | $83,500 -14% |
| 2018 | $1,924 | $97,100 +0.9% |
| 2017 | $1,924 +20.7% | $96,200 |
| 2016 | $1,594 +2.7% | $96,200 +24% |
| 2014 | $1,552 -0.4% | $77,600 -0.4% |
| 2013 | $1,558 | $77,900 |
| 2012 | $1,558 +35.2% | $77,900 +35.2% |
| 2011 | $1,152 | $57,600 -0.3% |
| 2010 | $1,152 +290.9% | $57,800 |
| 2009 | $295 -17.2% | $57,800 +4% |
| 2007 | $356 -74.6% | $55,600 -1.8% |
| 2006 | $1,400 | $56,600 |
Find assessor info on the county website
Monthly payment
Est. payment





