Sold for $324,000

$324,000

845 W Main Street, Madison, IN 47250

2beds

3,412sqft

Single Family Residence

Built in 1900

3,484.8 Square Feet Lot

$325,400 Zestimate^®

$95/sqft

$1,300 Estimated rent

Home value

$325,400

Estimated sales range

Not available

$1,300/mo

Zestimate^® history

Owner options

List your home for rent

$1,300/mo

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$1,300/mo

Rent Zestimate^®

Refinance and save

$1,920/mo

Est. payment

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$1,920/mo

Est. payment

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What's special

Classic two-story brick storefrontViews overlooking main street

Exceptional mixed-use investment opportunity in the heart of Historic Downtown Madison. This classic two-story brick storefront offers outstanding visibility and multiple income-producing possibilities in a prime Main Street location. The main level features approximately 1,700 square feet of retail or commercial space, ideal for a boutique, office, gallery, or specialty business. Above, the second floor showcases a distinctive 2-bedroom, 1-bath apartment with views overlooking Main Street—perfect for rental income or owner occupancy. A detached 720-square-foot brick garage at the rear of the property provides additional revenue potential, workshop space, or vehicle storage. Just steps from local shops, dining, schools, and Madison’s scenic Ohio Riverfront, this property blends historic character, versatility, and prime location—an outstanding opportunity for investors or entrepreneurs alike.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Other

Description: 1700 sq ft store space
Level: First

Other

Description: 2 bedroom apartment
Level: Second

Other

Description: 720 sq ft detached garage
Level: First

Heating

Forced Air

Cooling

Central Air

Appliances

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

Features

Ceiling Fan(s)
Has basement: Yes
Number of fireplaces: 1
Fireplace features: Decorative

Interior area

Total structure area: 3,412
Total interior livable area: 3,412 sqft
Finished area above ground: 3,412
Finished area below ground: 0

Property

Parking

Total spaces: 1
Parking features: Detached, Garage
Garage spaces: 1

Features

Levels: Two
Stories: 2

Lot

Size: 3,484 sqft
Features: Corner Lot

Details

Additional structures: Garage(s)
Parcel number: 391303121014000007
Zoning: Residential,Central Busin
Zoning description: Residential,Central Business District,Historic District

Construction

Type & style

Home type: SingleFamily
Architectural style: Two Story
Property subtype: Single Family Residence

Materials

Brick, Frame
Foundation: Cellar
Roof: Metal

Condition

Resale
New construction: No
Year built: 1900

Utilities & green energy

Sewer: Public Sewer
Water: Connected, Public

Community & neighborhood

Location

Region: Madison

Other

Other facts

Listing terms: Cash,Conventional
Road surface type: Paved

Price history

Date	Event	Price
5/22/2026	Sold	$324,000-23.8%$95/sqft
Source: SIRA #202606019 Report a problem
2/17/2026	Listed for sale	$425,000$125/sqft
Source: SIRA #202606019 Report a problem