Modern Luxury Meets Historic Convenience! This fully remodeled home offers a "brand new" living experience in the heart of downtown Madison. Interior Reinvention: The floor plan was strategically reconfigured to embrace a modern, open-concept layout. By merging the kitchen, dining, and living areas, the home now feels significantly more expansive and fluid.
Complete Overhaul: Brand new roof, HVAC, double pane windows, and upgraded systems to include washer/dryer hookup. Privacy: A newly installed privacy fence secures the backyard, creating a dedicated, quiet sanctuary for outdoor living. Storage Galore: Multiple large closets throughout—rare for the area! Layout: 3 spacious bedrooms with primary suite on 1st floor and 2 full baths with modern finishes. Move-In Ready: Open layout perfect for entertaining or everyday living. Don't miss this opportunity to own a high-quality, low-maintenance home steps away from shopping, dining, and the Ohio River! -- Also, off-street parking perfect for golf cart/car!!
For sale
Price cut: $10K (7/13)
$265,000
423 Mill Street, Madison, IN 47250
3beds
1,264sqft
Single Family Residence
Built in 1900
2,199 Square Feet Lot
$255,600 Zestimate®
$210/sqft
$-- HOA
What's special
- 114 days |
- 360 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Christi Sauley-Kernen,
F.C. Tucker/Scott Lynch Group
Source: SIRA,MLS#: 202607860
Originating MLS: Southern Indiana REALTORS Association
Originating MLS: Southern Indiana REALTORS AssociationFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Freezer, Disposal, Oven, Range, Refrigerator
- Laundry: Main Level, Laundry Room
Features
- Ceiling Fan(s), Eat-in Kitchen, Bath in Primary Bedroom, Main Level Primary, Utility Room
- Windows: Thermal Windows
- Basement: Sump Pump
- Has fireplace: No
Interior area
- Total structure area: 1,264
- Total interior livable area: 1,264 sqft
- Finished area above ground: 1,264
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached, Garage
- Garage spaces: 1
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Covered, Deck, Porch
- Exterior features: Deck, Fence, Porch
- Fencing: Yard Fenced
Lot
- Size: 2,199 Square Feet
- Features: Corner Lot
Details
- Additional structures: Garage(s)
- Parcel number: 390834444099000007
- Zoning: Residential
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One and One Half Story
- Property subtype: Single Family Residence
Materials
- Hardboard, Frame
- Foundation: Stone, Cellar
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Connected, Public
Community & HOA
Location
- Region: Madison
Financial & listing details
- Price per square foot: $210/sqft
- Tax assessed value: $51,700
- Annual tax amount: $62
- Date on market: 4/29/2026
- Cumulative days on market: 114 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Estimated market value
$255,600
$243,000 - $268,000
$1,688/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/13/2026 | Price change | $265,000-3.6%$210/sqft |
Source:  SIRA #202607860 Report a problem | ||
| 4/30/2026 | Price change | $275,000-4.8%$218/sqft |
Source: SIRA #202607860 Report a problem | ||
| 4/20/2026 | Price change | $289,000-3.6%$229/sqft |
Source: Owner Report a problem | ||
| 3/31/2026 | Listed for sale | $299,900+114.2%$237/sqft |
Source: Owner Report a problem | ||
| 12/1/2023 | Sold | $140,000-6.6%$111/sqft |
Source: SIRA #2023011235 Report a problem | ||
| 10/30/2023 | Pending sale | $149,900$119/sqft |
Source: SIRA #2023011235 Report a problem | ||
| 10/23/2023 | Listed for sale | $149,900$119/sqft |
Source: SIRA #2023011235 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $473 +2547.9% | $51,700 -14.8% |
| 2024 | $18 | $60,700 |
| 2023 | -- | $60,700 +8.8% |
| 2022 | -- | $55,800 +13.9% |
| 2021 | -- | $49,000 |
| 2020 | -- | $49,000 |
| 2019 | -- | $49,000 -12.5% |
| 2018 | -- | $56,000 +0.7% |
| 2017 | -- | $55,600 |
| 2016 | -- | $55,600 -2.6% |
| 2014 | $308 -25.2% | $57,100 -4.7% |
| 2013 | $412 -1.2% | $59,900 |
| 2012 | $417 +150.9% | $59,900 +60.2% |
| 2011 | $166 -4.8% | $37,400 +1.9% |
| 2010 | $175 +10.4% | $36,700 |
| 2009 | $158 -23.9% | $36,700 +4% |
| 2007 | $208 -36.4% | $35,300 -1.4% |
| 2006 | $327 | $35,800 +68.1% |
| 2005 | -- | $21,300 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 47250
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 7/10Rykers' Ridge Elementary SchoolGrades: PK-4Distance: 5.7 mi
- 6/10Madison Consolidated Jr High SchoolGrades: 5-8Distance: 6.1 mi
- 6/10Madison Consolidated High SchoolGrades: 9-12Distance: 5.8 mi
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