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Kentuckiana Life & Homes
130 Mulberry Street, Madison, IN 47250
- $200,000
- 3
- BD
- 2
- BA
- 1,985
- SqFt
- Sold Price
- $200,000
- List Price
- $229,900
- Status
- CLOSED
- Days on Market
- 48
- Closing Date
- Jun 12, 2026
- MLS#
- 202606294
- Subtype
- Residential
- Style
- One Story
- Architectural Style
- One Story
- Year Built
- 1900
- Bedrooms
- 3
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 1,985
- Lot Size
- 7,056
- Acres
- 0.16
- MLS Area Major
- Downtown
Property Description
Prime downtown Madison investment opportunity! This corner-lot property is ideally located just one block from the Ohio River and beautiful Bicentennial Park. Offering two units — a 1-bedroom, 1 full bath and a 2-bedroom, 1 full bath — this property is perfect for investors, short-term rental potential, or convert to a single family home. Recent big-ticket updates include a 3-year-old roof, two brand-new water heaters (only 4 months old), and furnaces that are just 4 years old — helping reduce near-term maintenance costs. Enjoy walkable access to local shops, dining, riverfront views, and all that historic downtown Madison has to offer. A turnkey opportunity in a highly desirable location! Home is being sold "AS IS".
Additional Information
- Taxes
- $1,107
- Property Description
- One Story
- Zoning
- Residential
- Appliances
- Dryer, Dishwasher, Oven, Range, Refrigerator, Washer
- Heating
- Forced Air
- Air Conditioning
- Central Air
- Stories
- 1
- Levels
- One
- Roof
- Metal
- View
- River
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Listing courtesy of F.C. Tucker/Scott Lynch Group. Selling Office: eXp Realty, LLC.