Charming all-brick home in the heart of downtown Madison! This 3-bedroom, 1-bath residence offers 1,591 sq. ft. of living space and is full of potential. The large unfinished basement features concrete floors and stone walls, providing excellent storage or the opportunity to expand your living space. Outside, enjoy a fenced backyard with a storage shed and plenty of off-street parking. Ideally located just steps from downtown shopping, restaurants, and local wineries, and only a few blocks from the scenic Ohio River. A fantastic opportunity to own a solid home in one of Madison’s most desirable locations.
Sold for $230,000
$230,000
616 Jefferson Street, Madison, IN 47250
3beds
1,591sqft
Single Family Residence
Built in 1900
5,227 Square Feet Lot
$226,800 Zestimate®
$145/sqft
$1,594 Estimated rent
Home value
$226,800
$179,000 - $277,000
$1,594/mo
Zestimate® history
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$1,438/mo
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List your homeWhat's special
Large unfinished basementAll-brick homeFenced backyardStorage shedPlenty of off-street parkingStone walls
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#: 2025013110
Originating MLS: Southern Indiana REALTORS Association
Originating MLS: Southern Indiana REALTORS AssociationFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Description: Flooring: Wood
- Level: First
- Dimensions: 14.9 x 10.5
Bedroom
- Description: Flooring: Wood
- Level: First
- Dimensions: 14.8 x 10.4
Bedroom
- Description: Flooring: Wood
- Level: First
- Dimensions: 14.8 x 10.5
Dining room
- Description: Flooring: Wood
- Level: First
- Dimensions: 15.7 x 15
Other
- Level: First
Kitchen
- Description: Flooring: Carpet
- Level: First
- Dimensions: 14 x 15.2
Living room
- Description: Fireplace,Flooring: Wood
- Level: First
- Dimensions: 15 x 15.3
Other
- Description: Utility Room,Flooring: Carpet
- Level: First
- Dimensions: 14.9 x 4
Heating
- Forced Air
Cooling
- Heat Pump
Appliances
- Included: Dryer, Dishwasher, Oven, Range, Refrigerator, Washer
- Laundry: Main Level, Laundry Room
Features
- Mud Room, Utility Room
- Basement: Partial,Unfinished
- Number of fireplaces: 1
- Fireplace features: Decorative
Interior area
- Total structure area: 1,591
- Total interior livable area: 1,591 sqft
- Finished area above ground: 1,591
- Finished area below ground: 0
Property
Parking
- Details: Off Street
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Porch
- Exterior features: Fence, Landscaping, Porch
- Fencing: Yard Fenced
- Has view: Yes
- View description: City
Lot
- Size: 5,227 Square Feet
Details
- Additional structures: Shed(s)
- Parcel number: 390835443104000007
- Zoning: Residential
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One 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 & HOA
Location
- Region: Madison
Financial & listing details
- Price per square foot: $145/sqft
- Tax assessed value: $162,400
- Annual tax amount: $2,968
- Date on market: 12/15/2025
- Cumulative days on market: 31 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/15/2026 | Sold | $230,000-4.1%$145/sqft |
Source:  SIRA #2025013110 Report a problem | ||
| 12/15/2025 | Listed for sale | $239,900$151/sqft |
Source: SIRA #2025013110 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,968 +6.5% | $162,400 +9.4% |
| 2024 | $2,786 +22.8% | $148,400 +6.5% |
| 2023 | $2,268 +5.1% | $139,300 +22.8% |
| 2022 | $2,158 +3.2% | $113,400 +5.1% |
| 2021 | $2,092 +171.9% | $107,900 +3.2% |
| 2020 | $769 +1.6% | $104,600 |
| 2019 | $757 +2% | $104,600 -20.9% |
| 2018 | $743 +2% | $132,300 +1.8% |
| 2017 | $728 +2% | $130,000 -0.2% |
| 2016 | $714 -6.9% | $130,200 +18.9% |
| 2014 | $766 -3.1% | $109,500 -0.7% |
| 2013 | $791 +2% | $110,300 |
| 2012 | $775 +2% | $110,300 -1.1% |
| 2011 | $760 +1.2% | $111,500 |
| 2010 | $751 +2% | $111,500 |
| 2009 | $736 -20.6% | $111,500 +1.1% |
| 2007 | $927 -35.2% | $110,300 +0.2% |
| 2006 | $1,430 | $110,100 +26.8% |
| 2005 | -- | $86,800 |
Find assessor info on the county website
Neighborhood: 47250
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Nearby schools
GreatSchools rating
- 6/10Lydia Middleton Elementary SchoolGrades: PK-4Distance: 0.6 mi
- 6/10Madison Consolidated Jr High SchoolGrades: 5-8Distance: 2.5 mi
- 6/10Madison Consolidated High SchoolGrades: 9-12Distance: 2.7 mi
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- Indiana
- Jefferson County
- Madison
- 47250
- 616 Jefferson Street
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