The 2nd Street Carriage House & Inn boasting 73 five-star Google reviews and an impressive 55% repeat guest rate in 2025 is now available with all furnishings and business included! This is a rare chance to own one of Historic Downtown Madison’s most popular short-term rentals, or to easily convert it back into a charming single-family residence with guest quarters. The main house features 2 bedrooms, 2 full baths, a welcoming living room, formal dining room, and an eat-in kitchen. The carriage house offers flexible living, with an open main level currently used as a bedroom with full bath, plus an upstairs loft with sitting area, sleeping space, and kitchenette. A 1 car garage provides convenient off-street parking for a small car or golf cart. Outdoors, enjoy a beautifully landscaped, fenced backyard filled with flowers, plants and trees. A detailed list of those is available in the property information link. There are plenty of places to relax such as the patio area, around the firepit, on the covered side porch or you can work in the greenhouse. This turnkey business opportunity offers endless possibilities continue its success as a proven short term rental or create a private residence with guest house all in the heart of Historic Downtown Madison. This property was recently inspected and no major defects were found.
Sold for $429,900
$429,900
308 W Second Street, Madison, IN 47250
3beds
2,223sqft
Single Family Residence
Built in 1850
4,891.79 Square Feet Lot
$442,500 Zestimate®
$193/sqft
$2,300 Estimated rent
Home value
$442,500
Estimated sales range
Not available
$2,300/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Jim Pruett,
eXp Realty, LLC
Bought with:
Jim Pruett, RB14034779
eXp Realty, LLC
Source: SIRA,MLS#: 2025011477
Originating MLS: Southern Indiana REALTORS Association
Originating MLS: Southern Indiana REALTORS AssociationFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Description: Main House,Flooring: Wood
- Level: First
Bedroom
- Description: Main House,Flooring: Wood
- Level: First
Dining room
- Description: Main House,Flooring: Wood
- Level: First
Other
- Description: Main House- Shower,Flooring: Tile
- Level: First
Other
- Description: Main House-Shower, Washer/Dryer,Flooring: Tile
- Level: First
Other
- Description: Carriage House: Tub/Shower,Flooring: Other
- Level: First
Kitchen
- Description: Main House, Door to Cellar,Flooring: Wood
- Level: First
Kitchen
- Description: Carriage House: Fridge, Stove,Flooring: Wood
- Level: Second
Living room
- Description: Main House,Flooring: Wood
- Level: First
Living room
- Description: Carriage House,Flooring: Other
- Level: First
Other
- Description: Carriage House: Sitting Area,Flooring: Wood
- Level: Second
Other
- Description: Carriage House: Sleeping Area,Flooring: Wood
- Level: Second
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Oven, Range, Refrigerator, Washer
- Laundry: Main Level, Other
Features
- Separate/Formal Dining Room, Eat-in Kitchen, In-Law Floorplan, Main Level Primary, Pantry, Second Kitchen, Utility Room, Window Treatments
- Windows: Blinds
- Has basement: Yes
- Number of fireplaces: 1
Interior area
- Total structure area: 2,223
- Total interior livable area: 2,223 sqft
- Finished area above ground: 2,223
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Attached, Garage
- Attached garage spaces: 1
Features
- Levels: One and One Half,One
- Stories: 1
- Patio & porch: Covered, Patio, Porch
- Exterior features: Fence, Landscaping, Porch, Patio
- Fencing: Yard Fenced
- Has view: Yes
- View description: City
Lot
- Size: 4,891 sqft
Details
- Additional structures: Garage(s)
- Parcel number: 391302224014000007
- Zoning: Residential
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One and One Half Story,One Story
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding
- Foundation: Cellar
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1850
Utilities & green energy
- Sewer: Public Sewer
- Water: Connected, Public
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Madison
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/26/2025 | Sold | $429,900$193/sqft |
Source:  SIRA #2025011477 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,356 | $151,500 -9.7% |
| 2024 | $3,356 -1.2% | $167,800 |
| 2023 | $3,396 +13.1% | $167,800 -1.2% |
| 2022 | $3,002 -0.9% | $169,800 +13.1% |
| 2021 | $3,028 -0.9% | $150,100 -0.9% |
| 2020 | $3,054 -0.8% | $151,400 -0.9% |
| 2019 | $3,080 +0.5% | $152,700 -0.8% |
| 2018 | $3,066 -0.9% | $154,000 +0.5% |
| 2017 | $3,094 +19% | $153,300 -0.9% |
| 2016 | $2,600 | $154,700 +19% |
| 2014 | $2,600 +99.5% | $130,000 -0.2% |
| 2013 | $1,303 +20.1% | $130,300 |
| 2012 | $1,085 +2% | $130,300 -0.1% |
| 2011 | $1,064 +1.1% | $130,400 |
| 2010 | $1,053 +2% | $130,400 |
| 2009 | $1,032 -14.6% | $130,400 +0.2% |
| 2007 | $1,208 -35% | $130,100 +0.4% |
| 2006 | $1,858 | $129,600 +22.7% |
| 2005 | -- | $105,600 |
Find assessor info on the county website
Neighborhood: 47250
Nearby schools
GreatSchools rating
- 9/10Lydia Middleton Elementary SchoolGrades: PK-4Distance: 0.3 mi
- 6/10Madison Consolidated Jr High SchoolGrades: 5-8Distance: 2.5 mi
- 6/10Madison Consolidated High SchoolGrades: 9-12Distance: 2.8 mi
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- Indiana
- Jefferson County
- Madison
- 47250
- 308 W Second Street
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