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Sold for $240,000
    • $240,000

    318 E First Street, Madison, IN 47250

    2beds
    1,247sqft
    Single Family Residence
    Built in 1900
    3,920 Square Feet Lot
    $274,800 Zestimate®
    $192/sqft
    $1,262 Estimated rent

    Home value

    $274,800

    $256,000 - $297,000

    $1,262/mo

    Zestimate® history
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    What's special

    Private court yard area
    2 bedroom cottage home overlooking the Ohio River in prime historic Madison location. This all brick home is ready for the lucky new owner to put their own finishing touches on this rare offering. A 2 car detached garage creates a private court yard area between the home and garage. The back yard includes a 18.9x17 hobby shop that could be converted into an outdoor entertaining area, capitalizing on the river view.

    Zillow last checked:

    Listing updated:

    Listed by:

    Scott Lynch,

    F.C. Tucker/Scott Lynch Group

    Bought with:

    OUTSIDE AGENT

    OUTSIDE COMPANY

    Source: SIRA,MLS#: 202406116MLS LogoOriginating MLS: Southern Indiana REALTORS Association

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom
    • Description: Flooring: Carpet
    • Level: First
    • Dimensions: 15.4 x 12
    Bedroom
    • Description: Flooring: Carpet
    • Level: First
    • Dimensions: 15.4 x 15.2
    Dining room
    • Description: Flooring: Carpet
    • Level: First
    • Dimensions: 14 x 12.4
    Kitchen
    • Description: Flooring: Vinyl
    • Level: First
    • Dimensions: 14.3 x 8.9
    Living room
    • Description: Flooring: Carpet
    • Level: First
    • Dimensions: 15.5 x 15.3
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Disposal, Oven, Range, Refrigerator
    • Laundry: Laundry Closet, Main Level
    Features
    • Utility Room
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,247
    • Total interior livable area: 1,247 sqft
    • Finished area above ground: 1,247
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached, Garage
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    • Details: Off Street
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Porch
    • Exterior features: Paved Driveway, Porch
    • Has view: Yes
    • View description: River
    • Has water view: Yes
    • Water view: River
    Lot
    • Size: 3,920 Square Feet
    Details
    • Additional structures: Garage(s)
    • Parcel number: 391302133010000007
    • Zoning: Residential
    • Zoning description: Residential
    • Special conditions: Estate

    Construction

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

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Connected, Public

    Community & HOA

    Community
    • Features: Sidewalks
    HOA
    • Has HOA: No
    Location
    • Region: Madison

    Financial & listing details

    • Price per square foot: $192/sqft
    • Tax assessed value: $147,100
    • Annual tax amount: $1,426
    • Date on market: 2/27/2024
    • Cumulative days on market: 120 days
    • Listing terms: Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/26/2024Sold$240,000-4%$192/sqft
    Source: SIRA #202406116 Report a problem
    5/15/2024Pending sale$249,900$200/sqft
    Source: SIRA #202406116 Report a problem
    3/27/2024Price change$249,900-5.5%$200/sqft
    Source: SIRA #202406116 Report a problem
    2/27/2024Listed for sale$264,500$212/sqft
    Source: SIRA #202406116 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,353 -11.9%$147,100 +8.7%
    2024$1,535 +7.6%$135,300 +6.3%
    2023$1,426 +6.2%$127,300 +7.7%
    2022$1,343 +2.7%$118,200 +5.8%
    2021$1,308 +0.2%$111,700 +2.9%
    2020$1,305 +1.5%$108,600 -0.3%
    2019$1,285 +2.8%$108,900 -0.3%
    2018$1,250 +3.6%$109,200 +0.6%
    2017$1,206 +35.7%$108,500 -0.4%
    2016$889 +72.8%$108,900 +54.9%
    2014$514 -8.8%$70,300 -3.4%
    2013$564 -1.1%$72,800
    2012$570 +16.1%$72,800 +1.7%
    2011$492 -6.8%$71,600
    2010$527 +25.1%$71,600
    2009$422 -16.4%$71,600 +0.4%
    2007$504 -31.9%$71,300 +0.8%
    2006$741 $70,700 +26.3%
    2005-- $56,000
    Find assessor info on the county website

    Neighborhood: 47250

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