Step into a piece of history with this stately Federal-style home, built in 1837 and ideally located in the heart of downtown Madison’s historic district. Known as “The Bright House,” this distinguished residence was once owned by Jesse Bright, Indiana’s 9th Lieutenant Governor and U.S. Senator. Rich in character and timeless appeal, the home showcases 7 fireplaces, original hardwood floors, intricate plaster ceiling medallions, and elegant crown moldings throughout. Offering 4 spacious bedrooms and 3 full bathrooms, the home blends historic charm with modern functionality. The main level features a living room, formal dining room, kitchen, breakfast room, laundry room and a flex room that could be used as a Bedroom, den or office offering versatile living options. The custom cherry kitchen is thoughtfully designed with an island and stainless steel appliances. Enjoy abundant natural light throughout, as well as two stunning two-story side porches that overlook beautifully landscaped grounds, an established herb garden and a private brick courtyard—creating a serene outdoor retreat. Additional highlights include an oversized 2-car garage with loft storage and a floorplan that honors the home’s original design while offering comfortable, livable spaces. Meticulously maintained, this grand residence is a rare opportunity to own a true Madison landmark.
Sold for $688,200
$688,200
312 W Third Street, Madison, IN 47250
4beds
4,367sqft
Single Family Residence
Built in 1837
6,534 Square Feet Lot
$691,100 Zestimate®
$158/sqft
$3,270 Estimated rent
Home value
$691,100
Estimated sales range
Not available
$3,270/mo
Zestimate® history
Owner options
List your home for rent
$3,270/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$3,270/mo
Rent Zestimate®
Refinance and save
$4,121/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$4,121/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Beautifully landscaped groundsFormal dining roomAbundant natural light throughoutIntricate plaster ceiling medallionsElegant crown moldings throughoutPrivate brick courtyardEstablished herb garden
Zillow last checked:
Listing updated:
Listed by:
Scott Lynch,
F.C. Tucker/Scott Lynch Group
Bought with:
Tony Bilz, RB14029672
F.C. Tucker/Scott Lynch Group
Source: SIRA,MLS#: 202607803
Originating MLS: Southern Indiana REALTORS Association
Originating MLS: Southern Indiana REALTORS AssociationFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Den, Family Room, Office
Primary bedroom
- Description: with Ensuite Bathroom,Flooring: Wood
- Level: Second
- Dimensions: 19.2 x 18
Bedroom
- Description: Bedroom 2,Flooring: Wood
- Level: Second
- Dimensions: 19.2 x 16.3
Bedroom
- Description: Bedroom 3 with Ensuite Bathroom,Flooring: Wood
- Level: Second
- Dimensions: 19.2 x 15.2
Bedroom
- Description: Bedroom 4,Flooring: Wood
- Level: Second
- Dimensions: 16 x 15.5
Dining room
- Description: with fireplace,Flooring: Wood
- Level: First
- Dimensions: 19.2 x 16.3
Dining room
- Description: Breakfast Room,Flooring: Wood
- Level: First
- Dimensions: 16 x 15.5
Other
- Description: Full Bathroom,Flooring: Other
- Level: First
- Dimensions: 8.8 x 7.8
Other
- Description: Primary Ensuite Bathroom
- Level: Second
- Dimensions: 8.4 x 10.7
Other
- Description: Ensuite Bathroom Bedroom 3
- Level: Second
- Dimensions: 5.3 x 9.3
Kitchen
- Description: with fireplace,Flooring: Wood
- Level: First
- Dimensions: 19.2 x 17.2
Living room
- Description: with fireplace,Flooring: Wood
- Level: First
- Dimensions: 19.1 x 18.3
Other
- Description: Laundry Room with sink,Flooring: Other
- Level: First
- Dimensions: 6.5 x 13
Other
- Description: Flex space: potential 5th Bedroom,Flooring: Other
- Level: First
- Dimensions: 14.2 x 15
Other
- Description: Foyer,Flooring: Wood
- Level: First
- Dimensions: 8.4 x 30.1
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer
- Laundry: Main Level, Laundry Room
Features
- Attic, Separate/Formal Dining Room, Entrance Foyer, Home Office, Bath in Primary Bedroom, Utility Room
- Has basement: Yes
- Number of fireplaces: 7
Interior area
- Total structure area: 4,367
- Total interior livable area: 4,367 sqft
- Finished area above ground: 4,367
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage
- Garage spaces: 2
- Details: On Street
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Porch
- Exterior features: Fence, Landscaping, Porch
- Fencing: Yard Fenced
Lot
- Size: 6,534 Square Feet
- Dimensions: 41 x 168
- Features: Garden
Details
- Additional structures: Garage(s)
- Parcel number: 391302221010000007
- Zoning: Residential,Historic Dist
- Zoning description: Residential,Historic District
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Two Story
- Property subtype: Single Family Residence
Materials
- Brick, Frame
- Foundation: Stone, Cellar
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1837
Utilities & green energy
- Sewer: Public Sewer
- Water: Connected, Public
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Madison
Financial & listing details
- Price per square foot: $158/sqft
- Tax assessed value: $454,500
- Annual tax amount: $4,245
- Date on market: 4/28/2026
- Cumulative days on market: 52 days
- Listing terms: Cash,Conventional,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/19/2026 | Sold | $688,200-8.2%$158/sqft |
Source:  SIRA #202607803 Report a problem | ||
| 4/28/2026 | Listed for sale | $749,900+147.6%$172/sqft |
Source: SIRA #202607803 Report a problem | ||
| 10/16/2019 | Sold | $302,900-9.6%$69/sqft |
Source: Agent Provided Report a problem | ||
| 9/3/2019 | Price change | $334,900-8.2%$77/sqft |
Source: CENTURY 21 River Valley Real Estate, Inc. #20180631 Report a problem | ||
| 5/8/2019 | Price change | $364,900-5.2%$84/sqft |
Source: CENTURY 21 River Valley Real Estate, Inc. #20180631 Report a problem | ||
| 12/18/2018 | Listed for sale | $384,900$88/sqft |
Source: C/21 River Valley #20180631 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,166 +6.6% | $454,500 +9.1% |
| 2024 | $3,909 +10.1% | $416,600 +6.6% |
| 2023 | $3,550 +5.3% | $390,900 +10.1% |
| 2022 | $3,371 +3.2% | $355,000 +5.3% |
| 2021 | $3,268 | $337,100 +3.2% |
| 2020 | $3,268 -0.1% | $326,800 |
| 2019 | $3,270 +1% | $326,800 -0.1% |
| 2018 | $3,237 -31.2% | $327,000 +1% |
| 2017 | $4,707 +76.1% | $323,700 |
| 2016 | $2,673 +2.5% | $323,700 +24.1% |
| 2014 | $2,608 -0.6% | $260,800 -0.6% |
| 2013 | $2,625 | $262,500 |
| 2012 | $2,625 -1.1% | $262,500 -1.1% |
| 2011 | $2,653 | $265,300 |
| 2010 | $2,653 | $265,300 |
| 2009 | $2,653 -13.7% | $265,300 +0.3% |
| 2007 | $3,074 -35.2% | $264,500 +0.2% |
| 2006 | $4,745 | $264,000 +26.6% |
| 2005 | -- | $208,500 |
Find assessor info on the county website
Neighborhood: 47250
Nearby homes
- $339,9003 bd2 ba2.3k sqft314 W 3rd St, Madison, IN 47250Sold
- $164,9002 bd1 ba988 sqft316 W 3rd St, Madison, IN 47250Off Market
- $406,5003 bd2 ba3.2k sqft310 W 3rd St, Madison, IN 47250Off Market
- $412,7004 bd3 ba3.1k sqft318 W 3rd St, Madison, IN 47250Off Market
- $2,200-- bd-- ba-- sqft319 Presbyterian Ave, Madison, IN 47250Off Market
- $344,2003 bd2 ba2.5k sqft507 Broadway St, Madison, IN 47250Off Market
- $319,4004 bd2 ba2.5k sqft509 Broadway St, Madison, IN 47250Off Market
- $282,0004 bd1 ba2k sqft505 Broadway St, Madison, IN 47250Off Market
Nearby schools
GreatSchools rating
- 6/10Lydia Middleton Elementary SchoolGrades: PK-4Distance: 0.2 mi
- 6/10Madison Consolidated Jr High SchoolGrades: 5-8Distance: 2.4 mi
- 6/10Madison Consolidated High SchoolGrades: 9-12Distance: 2.6 mi
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
- Indiana
- Jefferson County
- Madison
- 47250
- 312 W Third Street
Nearby cities
Nearby zip codes
Other Madison Topics
