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Sold for $205,000
  • $205,000

    316 E First Street, Madison, IN 47250

    1beds
    699sqft
    Single Family Residence
    Built in 1900
    2,626.67 Square Feet Lot
    $211,400 Zestimate®
    $293/sqft
    $988 Estimated rent

    Home value

    $211,400

    Estimated sales range

    Not available

    $988/mo

    Zestimate® history
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    What's special

    Modern appliancesSpacious bedroomRich wood trimUpdated kitchenAmple cabinet spaceSolid surface countertopsOriginal hardwood floors
    Welcome to this charming 1 bed, 1 bath home in the heart of DOWNTOWN MADISON, INDIANA’S HISTORIC DISTRICT, where timeless elegance meets modern comfort. This well-maintained property offers VIEWS OF THE OHIO RIVER, ORIGINAL ARCHITECTURAL DETAILS, and thoughtful updates, making it an ideal full-time residence, weekend retreat, or investment property. You are greeted by ORIGINAL HARDWOOD FLOORS AND RICH WOOD TRIM, showcasing the craftsmanship and character of a bygone era. The inviting living space flows into an UPDATED KITCHEN featuring modern appliances, solid surface countertops, and ample cabinet space—perfect for cooking and entertaining. The FULL BATH HAS BEEN COMPLETELY RENOVATED, blending style and function with contemporary finishes that complement the home’s classic charm. Enjoy peace of mind with a NEW ROOF INSTALLED IN 2024, along with UPDATED ELECTRICAL, PLUMBING, AND HVAC SYSTEMS that bring this historic home fully into the present. The SPACIOUS BEDROOM offers a quiet sanctuary and generous closet space. Step outside onto the DECK FOR A RIVER VIEW, where you can relax. Close to SHOPPING, DINING, AND FESTIVALS, this home offers the best of small-town living with historic charm and modern updates. With its unbeatable location and features, this home also presents an excellent opportunity as a short-term rental on AIRBNB OR VRBO, offering guests a unique stay in one of Indiana’s most beloved river towns. Don’t miss this rare opportunity—schedule your showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    William Andes,

    eXp Realty, LLC

    Bought with:

    OUTSIDE AGENT

    OUTSIDE COMPANY

    Source: SIRA,MLS#: 202507725MLS LogoOriginating MLS: Southern Indiana REALTORS Association

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Description: Flooring: Wood
    • Level: First
    • Dimensions: 13.2 x 11
    Dining room
    • Description: Flooring: Wood
    • Level: First
    • Dimensions: 13.2 x 10.6
    Other
    • Description: Flooring: Vinyl
    • Level: First
    Kitchen
    • Description: Flooring: Vinyl
    • Level: First
    • Dimensions: 13.5 x 10.3
    Living room
    • Description: Flooring: Wood
    • Level: First
    • Dimensions: 13.2 x 11
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Microwave, Oven, Range, Refrigerator, Washer
    • Laundry: Laundry Closet, Main Level
    Features
    • Eat-in Kitchen
    • Has basement: Yes
    • Has fireplace: No
    Interior area
    • Total structure area: 699
    • Total interior livable area: 699 sqft
    • Finished area above ground: 699
    • Finished area below ground: 0

    Property

    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck
    • Exterior features: Deck
    • Has view: Yes
    • View description: River
    • Has water view: Yes
    • Water view: River
    Lot
    • Size: 2,626 sqft
    Details
    • Parcel number: 0110405300
    • Zoning: Residential
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: One Story
    • Property subtype: Single Family Residence
    Materials
    • Aluminum Siding
    • Foundation: Stone, Cellar
    Condition
    • Resale
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Connected, Public

    Community & neighborhood

    Location
    • Region: Madison

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/22/2025Sold$205,000-4.7%$293/sqft
    Source: SIRA #202507725 Report a problem
    6/24/2025Price change$215,000-1.4%$308/sqft
    Source: SIRA #202507725 Report a problem
    5/6/2025Listed for sale$218,000$312/sqft
    Source: SIRA #202507725 Report a problem
    5/1/2025Listing removed$218,000$312/sqft
    Source: SIRA #2024011954 Report a problem
    11/1/2024Listed for sale$218,000-3.1%$312/sqft
    Source: SIRA #2024011954 Report a problem
    8/28/2024Listing removed$225,000-4.3%$322/sqft
    Source: SIRA #202406751 Report a problem
    6/13/2024Listed for sale$235,000$336/sqft
    Source: SIRA #202406751 Report a problem
    6/3/2024Pending sale$235,000$336/sqft
    Source: SIRA #202406751 Report a problem
    3/28/2024Listed for sale$235,000-1.7%$336/sqft
    Source: SIRA #202406751 Report a problem
    3/28/2024Listing removed--
    Source: SIRA #2023010642 Report a problem
    3/27/2024Listed for sale$239,000$342/sqft
    Source: SIRA #2023010642 Report a problem
    2/5/2024Pending sale$239,000$342/sqft
    Source: SIRA #2023010642 Report a problem
    9/22/2023Listed for sale$239,000+199.1%$342/sqft
    Source: SIRA #2023010642 Report a problem
    11/24/2020Sold$79,900$114/sqft
    Source: SIRA #202009563 Report a problem
    7/29/2020Listed for sale$79,900$114/sqft
    Source: F.C. Tucker/Scott Lynch Group #202009563 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,124 $50,800 -9.6%
    2024$1,124 +73.5%$56,200
    2023$648 +12.9%$56,200 +73.5%
    2022$574 $32,400 +12.9%
    2021$574 $28,700
    2020$574 -22.8%$28,700
    2019$744 -33.7%$28,700 -22.8%
    2018$1,122 +52.5%$37,200 +1.1%
    2017$736 -4.4%$36,800
    2016$770 -12.7%$36,800 -16.6%
    2014$882 -1.6%$44,100 -1.6%
    2013$896 $44,800
    2012$896 +46.4%$44,800 +46.4%
    2011$612 $30,600
    2010$612 $30,600
    2009$612 -19%$30,600 +3.7%
    2007$756 +2.5%$29,500 -1%
    2006$737 $29,800 +22.6%
    2005-- $24,300

    Find assessor info on the county website

    Neighborhood: 47250

    Nearby schools

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