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For sale
    • $515,000

    313-315 Mulberry Street, Madison, IN 47250

    12beds
    4,960sqft
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    Single Family Residence
    Built in 1900
    1,742 Square Feet Lot
    $480,200 Zestimate®
    $104/sqft
    $-- HOA

    What's special

    Main floor officeConvenient golf cart parkingDedicated laundry room space
    Exceptional investment opportunity in the heart of historic downtown Madison! These two contiguous buildings offer three stories featuring over 1700sqft of open retail space combined with a total of 12 bedrooms, 3 bathrooms, a main floor office, and dedicated laundry room space. Out your front door overlooks the area beside the iconic Kindness Mural and Bicentennial Park, with convenient golf cart parking, newly renovated public parking areas, and updated streetscapes just outside your door. Main level on 313 has large open room that could be used for multiple types of business. Located in the center of booming downtown Madison, you are only steps away from shopping, restaurants, festivals, riverfront attractions, and everything this charming historic town has to offer. Whether you are looking for long-term rentals, short-term rental potential, employee housing, or a mixed-use investment, the possibilities are endless. Rare opportunity to own a large footprint in one of Indiana’s most desirable downtown districts.
    45 days
    |
    354
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Van Crafton,

    Coldwell Banker Harrell & Asso,

    Trevor Crafton,

    Coldwell Banker Harrell & Asso

    Source: SIRA,MLS#: 202608867MLS LogoOriginating MLS: Southern Indiana REALTORS Association

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 3
      • Full bathrooms: 3
      Bedroom
      • Description: Flooring: Laminate
      • Level: Second
      • Dimensions: 9 x 10
      Bedroom
      • Description: Flooring: Laminate
      • Level: Second
      • Dimensions: 9 x 16
      Kitchen
      • Description: Flooring: Laminate
      • Level: Second
      • Dimensions: 12 x 12.3
      Office
      • Description: Flooring: Laminate
      • Level: First
      • Dimensions: 16.6 x 14.4
      Heating
      • Space Heater
      Cooling
      • Window Unit(s), WallWindow Unit(s)
      Appliances
      • Included: Dryer, Freezer, Microwave, Refrigerator, Washer
      • Laundry: Main Level, Laundry Room
      Features
      • Basement: Crawl Space
      • Has fireplace: No
      Interior area
      • Total structure area: 4,960
      • Total interior livable area: 4,960 sqft
      • Finished area above ground: 4,960
      • Finished area below ground: 0

      Property

      Parking
      • Details: On Street
      Features
      • Levels: Three Or More
      • Stories: 3
      • Patio & porch: Balcony
      • Exterior features: Balcony
      Lot
      • Size: 1,742 Square Feet
      Details
      • Additional parcels included: 391302241011000007
      • Parcel number: 391302241011000007
      • Zoning: Residential
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Three Story
      • Property subtype: Single Family Residence
      Materials
      • Brick
      • Foundation: Crawlspace, Stone, Cellar
      • Roof: Other
      Condition
      • Resale
      • New construction: No
      • Year built: 1900

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Connected, Public

      Community & HOA

      Community
      • Features: Sidewalks
      Location
      • Region: Madison

      Financial & listing details

      • Price per square foot: $104/sqft
      • Annual tax amount: $4,363
      • Date on market: 6/3/2026
      • Cumulative days on market: 46 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Road surface type: Paved

        Estimated market value

        $480,200

        $456,000 - $504,000

        $2,440/mo

        Price history

        DateEventPrice
        6/4/2026Listed for sale$515,000$104/sqft
        Source: SIRA #202608867 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        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.
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        Climate risks

        Neighborhood: 47250

        Getting around

        80 / 100
        Very Walkable
        54 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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