Sold for $305,000

$305,000

510 Mulberry St, Madison, IN 47250

4beds

4,240sqft

Residential

Built in 1900

9,583 Square Feet Lot

$355,400 Zestimate^®

$72/sqft

$3,283 Estimated rent

Home value

$355,400

$284,000 - $434,000

$3,283/mo

Zestimate^® history

Owner options

List your home for rent

$3,283/mo

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$3,283/mo

Rent Zestimate^®

Refinance and save

$1,841/mo

Est. payment

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$1,841/mo

Est. payment

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What's special

Multi-Unit Building with four units located in Historic Madison. Some appliances are included in the units and there is storage in the basement for tenants if needed. Gas boiler hot water heat and each unit has a single unit air conditioner. Utilities are paid by owner. Three units have approximately 1000 SF and the fourth has approximately 1300 SF.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 4

Heating

Other

Cooling

Central

Features

Basement: Unfinished
Has fireplace: Yes
Fireplace features: masonry

Interior area

Total interior livable area: 4,240 sqft

Property

Lot

Size: 9,583 Square Feet

Details

Parcel number: 391302211041000007

Construction

Type & style

Home type: SingleFamily
Property subtype: Residential

Materials

Frame
Foundation: Crawl/Raised
Roof: Asphalt

Condition

Year built: 1900

Community & HOA

Location

Region: Madison

Financial & listing details

Price per square foot: $72/sqft
Tax assessed value: $282,500
Annual tax amount: $5,282

Price history

Date	Event	Price
8/20/2025	Sold	$305,000+90.6%$72/sqft
Source: Public Record Report a problem
4/30/2020	Sold	$160,000-5.9%$38/sqft
Source: Agent Provided Report a problem
2/19/2020	Listed for sale	$170,000+161.5%$40/sqft
Source: F.C. Tucker/Scott Lynch Group #202006025 Report a problem
5/4/2010	Listing removed	$65,000$15/sqft
Source: RE/MAX of Indiana #FY9938627 Report a problem
3/14/2009	Listed for sale	$65,000$15/sqft
Source: RE/MAX of Indiana #FY9938627 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,282 +6.5%	$282,500 +7%
2024	$4,958 +8.1%	$264,100 +6.5%
2023	$4,586 +0.8%	$247,900 +8.1%
2022	$4,550 +3.1%	$229,300 +0.8%
2021	$4,414	$227,500 +3.1%
2020	$4,414	$220,700
2019	$4,414 +0.7%	$220,700
2018	$4,382	$220,700 +0.7%
2017	$4,382 +20.8%	$219,100
2016	$3,628 +3.6%	$219,100 +25.1%
2014	$3,502 +0.8%	$175,100 +0.8%
2013	$3,474	$173,700
2012	$3,474 +9.1%	$173,700 +9.1%
2011	$3,184 +2.3%	$159,200 +2.3%
2010	$3,112	$155,600
2009	$3,112 -18.8%	$155,600 +3.9%
2007	$3,835 +2%	$149,700 -1.5%
2006	$3,759	$152,000 +23%
2005	--	$123,600