HISTORIC COSTIGAN MASTERPIECE IN THE HEART OF DOWNTOWN MADISON! Step into a piece of history with this commanding 1851 Greek Revival home, attributed to renowned architect Francis Costigan. Located in Madison, Indiana’s treasured historic district, this remarkable 5-bedroom, 4-bath residence captures timeless elegance and architectural distinction. From the original iron balcony and graceful double side porches to the beautiful iron fence encircling the property, every detail reflects classic sophistication. Inside, you’ll find 5 fireplaces, soaring 13-foot ceilings, and several ornate ceiling medallions, including one of the largest and most intricate in Madison. The showpiece of the home is the grand front parlor — an impressive 16’ x 36’ room featuring two exquisite black marble fireplace mantles and the unmatched ceiling medallion. The second-floor double parlor, also of high quality, can easily convert into two spacious bedrooms via original folding doors. A carriage house, now serving as a garage with potential living/guest quarters, adds to the historical charm and function of the property. This home is a rare opportunity to own one of Madison’s finest historic homes, where 19th-century craftsmanship meets lasting beauty.
Sold for $487,500
Zestimate®
$487,500
416 E Second Street, Madison, IN 47250
5beds
4,296sqft
Single Family Residence
Built in 1851
9,583 Square Feet Lot
$487,500 Zestimate®
$113/sqft
$4,373 Estimated rent
Home value
$487,500
Estimated sales range
Not available
$4,373/mo
Zestimate® history
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List your homeWhat's special
Graceful double side porchesOrnate ceiling medallionsOriginal iron balcony
Zillow last checked:
Listing updated:
Listed by:
Scott Lynch,
F.C. Tucker/Scott Lynch Group
Bought with:
Scott Lynch, RB14019761
F.C. Tucker/Scott Lynch Group
Source: SIRA,MLS#: 202606636
Originating MLS: Southern Indiana REALTORS Association
Originating MLS: Southern Indiana REALTORS AssociationFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Rooms
- Room types: Den, Office
Primary bedroom
- Description: Flooring: Carpet
- Level: First
- Dimensions: 15.5 x 15.8
Bedroom
- Description: with fireplace,Flooring: Carpet
- Level: Second
- Dimensions: 17 x 15.5
Bedroom
- Description: with fireplace,Flooring: Carpet
- Level: Second
- Dimensions: 17.7 x 15.5
Bedroom
- Description: Flooring: Carpet
- Level: Second
- Dimensions: 18 x 15.7
Bedroom
- Description: Flooring: Wood
- Level: Second
- Dimensions: 15.7 x 12.7
Kitchen
- Description: Large kitchen with pantry,Flooring: Wood
- Level: First
- Dimensions: 15.7 x 17.7
Other
- Description: Double Parlor,Flooring: Carpet
- Level: First
- Dimensions: 36 x 15.5
Other
- Description: Front Entry,Flooring: Wood
- Level: First
- Dimensions: 14 x 6.9
Other
- Description: Kitchenette
- Level: Second
- Dimensions: 15.9 x 15
Other
- Description: utility room with wet sink
- Level: First
- Dimensions: 13.4 x 8.6
Other
- Description: Storage room,Flooring: Carpet
- Level: First
- Dimensions: 17 x 8.5
Other
- Description: side porch on both levels,Flooring: Wood
- Level: First
- Dimensions: 40 x 7
Other
- Description: Carriage House
- Level: Other
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Oven, Range, Refrigerator
- Laundry: Main Level, Laundry Room
Features
- Breakfast Bar, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Home Office, Main Level Primary, Mud Room, Pantry, Utility Room
- Has basement: Yes
- Number of fireplaces: 5
- Fireplace features: Decorative, Gas
Interior area
- Total structure area: 4,296
- Total interior livable area: 4,296 sqft
- Finished area above ground: 4,296
- 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: 9,583 Square Feet
- Dimensions: 57 x 168
Details
- Additional structures: Garage(s)
- Parcel number: 391302131054
- Zoning: Residential,Historic Dist
- Zoning description: Residential,Historic District
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Historic/Antique,Two Story
- Property subtype: Single Family Residence
Materials
- Brick, Frame
- Foundation: Stone, Cellar
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1851
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: $113/sqft
- Tax assessed value: $291,300
- Annual tax amount: $5,338
- Date on market: 3/13/2026
- Cumulative days on market: 150 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/10/2026 | Sold | $487,500-11.4%$113/sqft |
Source:  SIRA #202606636 Report a problem | ||
| 3/13/2026 | Listed for sale | $550,000-18.5%$128/sqft |
Source: SIRA #202606636 Report a problem | ||
| 12/29/2025 | Listing removed | $675,000$157/sqft |
Source: SIRA #202509696 Report a problem | ||
| 7/22/2025 | Listed for sale | $675,000$157/sqft |
Source: SIRA #202509696 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,328 +6.5% | $291,300 +9.3% |
| 2024 | $5,002 +11% | $266,400 +6.5% |
| 2023 | $4,506 +5.7% | $250,100 +11% |
| 2022 | $4,264 +3% | $225,300 +5.7% |
| 2021 | $4,138 | $213,200 +3% |
| 2020 | $4,138 | $206,900 |
| 2019 | $4,138 +1.4% | $206,900 |
| 2018 | $4,082 | $206,900 +1.4% |
| 2017 | $4,082 +21.4% | $204,100 |
| 2016 | $3,362 -3.8% | $204,100 +16.8% |
| 2014 | $3,494 -0.1% | $174,700 -0.1% |
| 2013 | $3,498 | $174,900 |
| 2012 | $3,498 -0.3% | $174,900 -0.3% |
| 2011 | $3,510 +7.8% | $175,500 +7.8% |
| 2010 | $3,256 | $162,800 |
| 2009 | $3,256 -21.9% | $162,800 |
| 2007 | $4,170 +4.4% | $162,800 +0.7% |
| 2006 | $3,997 | $161,600 +82% |
| 2005 | -- | $88,800 |
Find assessor info on the county website
Neighborhood: 47250
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Nearby schools
GreatSchools rating
- 6/10Lydia Middleton Elementary SchoolGrades: PK-4Distance: 0.7 mi
- 6/10Madison Consolidated Jr High SchoolGrades: 5-8Distance: 2.8 mi
- 6/10Madison Consolidated High SchoolGrades: 9-12Distance: 3 mi
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- Indiana
- Jefferson County
- Madison
- 47250
- 416 E Second Street
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