For sale

$269,000

725 W Third Street, Madison, IN 47250

3beds

1,350sqft

$1,891/mo

Get pre-qualified

Single Family Residence

Built in 1900

3,920 Square Feet Lot

$256,700 Zestimate^®

$199/sqft

$-- HOA

What's special

Stylish kitchenSpacious second-floor primary suiteConvenient laundryStainless steel appliancesGranite islandNew roofJack-and-jill bathroom

Completely remodeled and move-in ready, this downtown home offers the feel of new construction with the character of its historic setting. The extensive remodel includes a new roof, windows, HVAC, wiring, plumbing, siding, and front and rear covered porches. The thoughtfully designed interior features a spacious second-floor primary suite with access to a Jack-and-Jill bathroom shared with an additional bedroom, plus convenient laundry. The stylish kitchen offers stainless steel appliances and a granite island. Located in Madison’s historic district, just one block from Lydia Middleton Elementary School and within easy walking distance of downtown shops, restaurants, and more. This beautifully updated home is ready for its next chapter!

19 days
709
58

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Level: Second
Dimensions: 11 x 15

Bedroom

Level: First
Dimensions: 10.6 x 14.8

Bedroom

Level: Second
Dimensions: 10.6 x 14.8

Other

Level: First

Kitchen

Level: First
Dimensions: 12.7 x 15

Living room

Level: First
Dimensions: 14.7 x 15

Heating

Heat Pump

Cooling

Central Air

Appliances

Included: Dishwasher, Oven, Range, Refrigerator
Laundry: Laundry Closet, Upper Level

Features

Ceiling Fan(s), Kitchen Island, Bath in Primary Bedroom, Split Bedrooms
Windows: Thermal Windows
Has basement: Yes
Has fireplace: No

Interior area

Total structure area: 1,350
Total interior livable area: 1,350 sqft
Finished area above ground: 1,350
Finished area below ground: 0

Property

Features

Levels: Two
Stories: 2
Patio & porch: Covered, Porch
Exterior features: Fence, Porch
Fencing: Yard Fenced

Lot

Size: 3,920 Square Feet

Details

Parcel number: 390834444084000007
Zoning: Residential
Zoning description: Residential

Construction

Type & style

Home type: SingleFamily
Architectural style: Historic/Antique,Two Story
Property subtype: Single Family Residence

Materials

Vinyl Siding, Frame
Foundation: Cellar
Roof: Shingle

Condition

New construction: No
Year built: 1900

Utilities & green energy

Water: Connected, Public

Community & HOA

HOA

Has HOA: No

Location

Region: Madison

Financial & listing details

Price per square foot: $199/sqft
Tax assessed value: $93,900
Annual tax amount: $1,878
Date on market: 9/17/2026
Cumulative days on market: 20 days
Listing terms: Cash,Conventional,FHA,VA Loan
Road surface type: Paved

Estimated market value

$256,700

$244,000 - $270,000

$1,608/mo

Price history

Date	Event	Price
9/17/2026	Listed for sale	$269,000+644.4%$199/sqft
Source: SIRA #2026011867 Report a problem
6/6/2014	Sold	$36,137$27/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,490	$93,900 +26%
2024	$1,490 +6.3%	$74,500
2023	$1,402 +8.7%	$74,500 +6.3%
2022	$1,290 +3.9%	$70,100 +8.7%
2021	$1,242	$64,500 +3.9%
2020	$1,242	$62,100
2019	$1,242 +0.6%	$62,100
2018	$1,234 -31.6%	$62,100 +0.6%
2017	$1,804 +74.1%	$61,700
2016	$1,036	$61,700 +19.1%
2014	$1,036 -2.8%	$51,800 -2.8%
2013	$1,066 -22.8%	$53,300 -22.8%
2012	$1,380 +59%	$69,000 +59%
2011	$868 +41.4%	$43,400 +41.4%
2010	$614	$30,700
2009	$614 -18.8%	$30,700 +4.1%
2007	$756 +3.2%	$29,500 -0.3%
2006	$732	$29,600 +83.9%
2005	--	$16,100