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For sale
    • Price cut: $3K (6/24)
    $359,900

    518 Jefferson Street, Madison, IN 47250

    4beds
    2,652sqft
    : 
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    Single Family Residence
    Built in 1900
    3,484 Square Feet Lot
    $-- Zestimate®
    $136/sqft
    $-- HOA

    What's special

    Three decorative fireplacesFlex roomDouble vanityCoffee barTiled showerStainless steel appliancesSpacious open kitchen
    Fully renovated historic Federal-style brick home located in downtown Madison. This two-story property offers 4 bedrooms and 2.5 bathrooms and blends timeless character with modern updates. Features include a spacious open kitchen with new cabinetry, stainless steel appliances, center island with breakfast bar, coffee bar, and butler’s pantry. Main level includes living room, flex room that offers the potential for a main level bedroom or office, powder room, and large laundry room with sink. Home showcases three decorative fireplaces and a primary suite with ensuite bath featuring double vanity and tiled shower. Enjoy a private fenced backyard, detached 2-car garage, and cellar for storage. Located in the heart of historic downtown near local shops and dining.
    108 days
    |
    745
    |
    38
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Scott Lynch,

    F.C. Tucker/Scott Lynch Group

    Source: SIRA,MLS#: 202606801MLS LogoOriginating MLS: Southern Indiana REALTORS Association

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Primary bedroom
      • Description: includes full bath/ walk in closet,Flooring: Carpet
      • Level: Second
      Bedroom
      • Description: Flooring: Carpet
      • Level: Second
      Bedroom
      • Description: Flooring: Carpet
      • Level: Second
      Bedroom
      • Description: Flooring: Carpet
      • Level: Second
      Other
      • Description: Flooring: Luxury Vinyl Plank
      • Level: Second
      Half bath
      • Description: Flooring: Luxury Vinyl Plank
      • Level: First
      Kitchen
      • Description: Flooring: Luxury Vinyl Plank
      • Level: First
      Living room
      • Description: Flooring: Luxury Vinyl Plank
      • Level: First
      Other
      • Description: Flex room/potential bedroom,Flooring: Carpet
      • Level: First
      Other
      • Description: with Butler pantry/ coffee bar,Flooring: Luxury Vinyl Plank
      • Level: First
      Other
      • Description: Laundry Room,Flooring: Luxury Vinyl Plank
      • Level: First
      Heating
      • Heat Pump
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Oven, Range, Refrigerator
      • Laundry: Main Level, Laundry Room
      Features
      • Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Pantry, Utility Room, Walk-In Closet(s)
      • Has basement: Yes
      • Number of fireplaces: 3
      • Fireplace features: Decorative
      Interior area
      • Total structure area: 2,652
      • Total interior livable area: 2,652 sqft
      • Finished area above ground: 2,652
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached, Garage
      • Garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Fence
      • Fencing: Yard Fenced
      • Has view: Yes
      • View description: City
      Lot
      • Size: 3,484 Square Feet
      Details
      • Additional structures: Garage(s)
      • Parcel number: 391302122017000007
      • Zoning: Residential
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Two Story
      • Property subtype: Single Family Residence
      Materials
      • Brick, Frame
      • Foundation: Cellar
      • Roof: Shingle
      Condition
      • Resale
      • New construction: No
      • Year built: 1900

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Connected, Public

      Community & HOA

      Community
      • Features: Sidewalks
      Location
      • Region: Madison

      Financial & listing details

      • Price per square foot: $136/sqft
      • Tax assessed value: $36,100
      • Annual tax amount: $722
      • Date on market: 3/20/2026
      • Cumulative days on market: 109 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,432/mo

        Price history

        DateEventPrice
        6/24/2026Price change$359,900-0.8%$136/sqft
        Source: SIRA #202606801 Report a problem
        6/16/2026Price change$362,900-1.7%$137/sqft
        Source: SIRA #202606801 Report a problem
        6/8/2026Price change$369,000-2.9%$139/sqft
        Source: SIRA #202606801 Report a problem
        5/20/2026Price change$379,900-2.1%$143/sqft
        Source: SIRA #202606801 Report a problem
        5/8/2026Price change$387,900-0.5%$146/sqft
        Source: SIRA #202606801 Report a problem
        4/24/2026Price change$389,900-2.3%$147/sqft
        Source: SIRA #202606801 Report a problem
        3/20/2026Listed for sale$399,000+667.3%$150/sqft
        Source: SIRA #202606801 Report a problem
        6/12/2014Listing removed$52,000$20/sqft
        Source: Coldwell Banker Harrell & Associates #20130348 Report a problem
        1/10/2014Price change$52,000-11.9%$20/sqft
        Source: Coldwell Banker Harrell & Associates #20130348 Report a problem
        6/12/2013Listed for sale$59,000$22/sqft
        Source: Coldwell Banker Harrell & Associates #20130348 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$666 -70.7%$36,100 +8.4%
        2024$2,270 +345.1%$33,300 -70.7%
        2023$510 +5.8%$113,500 +345.1%
        2022$482 +2.6%$25,500 +5.8%
        2021$470 $24,100 +2.6%
        2020$470 $23,500
        2019$470 -88.4%$23,500
        2018$4,067 -17.3%$23,500 -82.1%
        2017$4,919 +135.8%$131,200
        2016$2,086 +17.7%$131,200 +48.1%
        2014$1,772 +1.5%$88,600 +1.5%
        2013$1,746 $87,300
        2012$1,746 -3.3%$87,300 -3.3%
        2011$1,806 +0.7%$90,300 +0.7%
        2010$1,794 $89,700
        2009$1,794 -16.5%$89,700 +6.9%
        2007$2,149 +8.4%$83,900 +4.6%
        2006$1,983 $80,200

        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 47250

        Getting around

        77 / 100
        Very Walkable
        53 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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