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Off market
  • $223,600

    724 W 1st St, Madison, IN 47250

    2beds
    1,128sqft
    Residential
    Built in 1900
    1,306 Square Feet Lot
    $223,600 Zestimate®
    $198/sqft
    $1,217 Estimated rent

    Home value

    $223,600

    $210,000 - $239,000

    $1,217/mo

    Zestimate® history
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    $1,422/mo

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    $1,422/mo

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    What's special

    This Folk Victorian home that sits on a corner lot is located 2 blocks from Main Street and a public elementary school, 1 block from the Ohio River and near the Heritage Trail in the Western side of Madison. Home is great for private single family resident or would be excellent for an weekend/summer get-away for families that like the river and the all year round festivities that Madison has to offer. Zoning would allow an Air bnb which would require a conditional use permit. Home is in excess of 100 years old with the age defaulting to 1900 since exact age is not obtainable. However, this property has been completely remodeled top to bottom with quality materials recently. Features of the home are a 5' x 26' covered front porch, all new windows, doors, roofing, siding, electrical service, guttering and downspouts, new drainage to help with keeping the cellar dry, sump pump installed, new heating & air plus interior updated within the past 2 years. All new kitchen was installed with good quality products and materials. A pantry was built with lots of shelving, window installed to capture the Ohio River view, new flooring, added insulation, full bathroom was updated. Upper level bedroom was insulated, all new lighting installed and painted. Newly installed curb at front of home diverts water to the yard and gives good curb appeal. Public sidewalk on the Plum Street side of home. Square footage and lot dimensions per assessors office. If crucial, Buyer should confirm.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Garbage disposal, Microwave, Refrigerator
    Features
    • 1st Floor Master, 1st Floor Utility, Ceiling Fan(s), Eat-in Kitchen, Cable Wired, Built-in Bookcase, Sump Pump
    Interior area
    • Total interior livable area: 1,128 sqft

    Property

    Lot
    • Size: 1,306 sqft
    Details
    • Parcel number: 391303113012000007

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Residential
    Materials
    • Frame
    • Foundation: Crawl/Raised
    • Roof: Metal
    Condition
    • Year built: 1900

    Community & neighborhood

    Location
    • Region: Madison

    Other

    Other facts
    • Appliances: Dishwasher, Microwave, Refrigerator, Disposal, Oven Self Clean
    • Construction: Frame On-Site, Existing
    • Cooling Type: Central Air
    • Fuel Type: Electric
    • Heat Type: Forced Air
    • Exterior Features: Covered Porch, Screens, Thermopane windows, Hardboard Siding
    • Interior Features: 1st Floor Master, 1st Floor Utility, Ceiling Fan(s), Eat-in Kitchen, Cable Wired, Built-in Bookcase, Sump Pump
    • Lot Size Source: Assessor
    • Sewer Type: Sewer
    • Property Sub Type: Residential
    • Property Type: Residential/Farm
    • Foundation: Rock
    • Road Type: Paved
    • Water Heater: Electric
    • Water Type: Public Onsite
    • Additional Parking: On Street
    • Irregular Dimensions YN: 0
    • Basement Type: Cellar, Partial
    • Room Count: 7
    • Type: 1.5 Story
    • Lot Description: Corner Lot, River View
    • Sq Ft Source: Appraiser
    • Road Frontage: 63
    • Legal Description: 011-04331-00 PT LOT 192 3RD ADD W 724 W FIRST ST, MADISON, IN. 11-141-65 '87 TAX
    • Parcel Number: 391303113012000007

    Price history

    DateEventPrice
    10/6/2022Sold$195,000-19.6%$173/sqft
    Source: SIRA #2022011731 Report a problem
    9/2/2022Listed for sale$242,500+34.8%$215/sqft
    Source: SIRA #2022011731 Report a problem
    8/26/2020Listing removed$179,900$159/sqft
    Source: Hoosier Hills Realty #202006217 Report a problem
    2/27/2020Listed for sale$179,900+227.7%$159/sqft
    Source: Hoosier Hills Realty #202006217 Report a problem
    8/7/2017Sold$54,900$49/sqft
    Source: SIRA #J20170343 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,126 $50,900 -9.6%
    2024$1,126 +8.7%$56,300
    2023$1,036 +13.3%$56,300 +8.7%
    2022$914 $51,800 +13.3%
    2021$914 $45,700
    2020$914 $45,700
    2019$914 +1.1%$45,700
    2018$904 -36.7%$45,700 +1.1%
    2017$1,429 +49.8%$45,200
    2016$954 +4.8%$45,200 -0.7%
    2014$910 +9.6%$45,500 +9.6%
    2013$830 $41,500
    2012$830 -9.6%$41,500 -9.6%
    2011$918 $45,900
    2010$918 +324.8%$45,900
    2009$216 -80.9%$45,900 +4.1%
    2007$1,130 +62.6%$44,100 +56.9%
    2006$695 $28,100

    Find assessor info on the county website

    Neighborhood: 47250

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Madison Cons.

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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