Can be sold Turnkey Furnished!! Historic Federal-Style Home in the Heart of Downtown Madison. Step into timeless elegance w/this beautifully preserved home in a fabulous location! Thoughtfully updated while honoring its original character, this residence offers the perfect blend of historic charm & modern comfort. The main level features a welcoming living room & dining room, accented by hardwood floors & decorative fireplaces, along w/a convenient powder room. The standout kitchen is both functional and striking, showcasing custom MI-HER cabinetry, granite countertops, a center island, tile flooring, stainless steel appliances, & stunning exposed brick walls & beams. From the kitchen, step directly into the open-air covered patio & private courtyard, creating a seamless indoor-outdoor flow ideal for entertaining or quiet relaxation. The second level offers two spacious bedrooms & a full bathroom featuring a classic clawfoot tub w/a wrap-around shower enclosure. The fully finished third level provides versatile flex space, perfect for a third bedroom, home office, studio, or creative retreat. Add'l features include four decorative fireplaces, a clean basement w/laundry & ample storage, & outdoor spaces. Every update has been tastefully completed to maintain the home’s historic integrity while enhancing everyday livability. A rare opportunity to own a piece of Madison’s history—just steps from shops, dining, and all the charm downtown has to offer.
Sold for $327,500
$327,500
318 walnut Street, Madison, IN 47250
2beds
1,926sqft
Single Family Residence
Built in 1900
1,306.8 Square Feet Lot
$328,900 Zestimate®
$170/sqft
$1,697 Estimated rent
Home value
$328,900
Estimated sales range
Not available
$1,697/mo
Zestimate® history
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List your homeWhat's special
Decorative fireplacesFour decorative fireplacesOutdoor spacesTwo spacious bedroomsDining roomGranite countertopsOpen-air covered patio
Zillow last checked:
Listing updated:
Listed by:
Scott Lynch,
F.C. Tucker/Scott Lynch Group
Bought with:
Melinda Acree, RB18000199
F.C. Tucker/Scott Lynch Group
Source: SIRA,MLS#: 202605558
Originating MLS: Southern Indiana REALTORS Association
Originating MLS: Southern Indiana REALTORS AssociationFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Description: with decorative fireplace,Flooring: Wood
- Level: Second
- Dimensions: 14.2 x 9.6
Bedroom
- Description: with decorative fireplace,Flooring: Laminate
- Level: Second
- Dimensions: 15.0 x 13.6
Dining room
- Description: with decorative fireplace,Flooring: Wood
- Level: First
- Dimensions: 15.3 x 14
Kitchen
- Description: Flooring: Tile
- Level: First
- Dimensions: 16.3 x 12.2
Living room
- Description: with decorative fireplace,Flooring: Wood
- Level: First
- Dimensions: 15.2 x 13.10
Other
- Description: flex space: potential 3rd bedroom/office/studio,Flooring: Wood
- Level: Third
- Dimensions: 28.6 x 15.3
Other
- Description: Utility Area
- Level: Lower
- Dimensions: 8 x 8
Other
- Description: Covered patio
- Level: First
- Dimensions: 12 x 8
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dryer, Microwave, Oven, Range, Refrigerator, Water Softener, Washer
- Laundry: In Basement, Other
Features
- Breakfast Bar, Ceiling Fan(s), Separate/Formal Dining Room, Eat-in Kitchen, Kitchen Island
- Basement: Unfinished
- Number of fireplaces: 4
- Fireplace features: Decorative
Interior area
- Total structure area: 1,926
- Total interior livable area: 1,926 sqft
- Finished area above ground: 1,926
- Finished area below ground: 0
Property
Parking
- Parking features: No Garage
- Details: On Street
Features
- Levels: Three Or More
- Stories: 3
- Exterior features: Fence
- Fencing: Yard Fenced
- Has view: Yes
- View description: City
Lot
- Size: 1,306 sqft
Details
- Parcel number: 391302124045000007
- Zoning: Residential,Historic Dist
- Zoning description: Residential,Historic District
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Historic/Antique,Three Story
- Property subtype: Single Family Residence
Materials
- Brick, Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1900
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 |
|---|---|---|
| 5/8/2026 | Sold | $327,500-6.4%$170/sqft |
Source:  SIRA #202605558 Report a problem | ||
| 3/17/2026 | Price change | $349,900-2.8%$182/sqft |
Source: SIRA #202605558 Report a problem | ||
| 2/16/2026 | Price change | $359,900-4%$187/sqft |
Source: SIRA #202605558 Report a problem | ||
| 1/23/2026 | Listed for sale | $374,900+313.1%$195/sqft |
Source: SIRA #202605558 Report a problem | ||
| 8/29/2014 | Sold | $90,750-20.7%$47/sqft |
Source: SIRA #J20130240 Report a problem | ||
| 4/27/2014 | Listing removed | $114,500$59/sqft |
Source: Visual Tour #20130240 Report a problem | ||
| 11/28/2013 | Price change | $114,500-4.5%$59/sqft |
Source: SCOTT LYNCH REALTY, INC. #20130240 Report a problem | ||
| 4/27/2013 | Listed for sale | $119,900$62/sqft |
Source: Visual Tour #20130240 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $539 +2% | $128,000 +7.9% |
| 2024 | $529 +2% | $118,600 +6.7% |
| 2023 | $518 +2% | $111,200 +7.3% |
| 2022 | $508 +2% | $103,600 +4.4% |
| 2021 | $498 -2.5% | $99,200 +3.1% |
| 2020 | $511 +2% | $96,200 |
| 2019 | $501 -39% | $96,200 |
| 2018 | $821 +4.4% | $96,200 +0.8% |
| 2017 | $787 +268.1% | $95,400 |
| 2016 | $214 +2% | $95,400 +10.9% |
| 2014 | $210 +2% | $86,000 +6% |
| 2013 | $205 +2% | $81,100 |
| 2012 | $201 +2% | $81,100 |
| 2011 | $197 +0.8% | $81,100 |
| 2010 | $196 +2% | $81,100 |
| 2009 | $192 -46.1% | $81,100 |
| 2007 | $356 -35% | $81,100 +0.4% |
| 2006 | $547 | $80,800 +26.8% |
| 2005 | -- | $63,700 |
Find assessor info on the county website
Neighborhood: 47250
Nearby schools
GreatSchools rating
- 9/10Lydia Middleton Elementary SchoolGrades: PK-4Distance: 0.7 mi
- 6/10Madison Consolidated Jr High SchoolGrades: 5-8Distance: 2.7 mi
- 6/10Madison Consolidated High SchoolGrades: 9-12Distance: 3 mi
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- Indiana
- Jefferson County
- Madison
- 47250
- 318 walnut Street
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