628 W Third Street, Madison, IN 47250

$95,000
3
BD
2
BA
1,238
SqFt

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Sold Price
$95,000
List Price
$98,500
Status
CLOSED
Days on Market
5
Closing Date
May 27, 2026
MLS#
202607235
Subtype
Residential
Style
One Story
Architectural Style
One Story
Bedrooms
3
Bathrooms
2
Full Baths
1
Half Baths
1
Living Area
1,238
Lot Size
6,534
Acres
0.15
MLS Area Major
Downtown

Property Description

Bring your vision and make this one your own! Located in the heart of historic downtown Madison, Indiana, this 2 bedroom, 1.5 bath one story home is full of potential and ready for your personal touch. The home offers a functional layout with all living spaces on one level. Whether you're an investor, DIY enthusiast, or buyer looking to customize your dream space, this property presents a great opportunity to build equity. A partial basement adds valuable storage or workspace options, while the prime location puts you just steps from Madison’s charming shops, local dining, and scenic riverfront. There is access from Presbyterian Drive in the back for a possible garage. Taxes are at a 2% cap, if owner occupied the taxes would be $645. There are 2 fireplaces, neither are working. Great opportunity for investors or buyers looking for a project. Property is being sold in present condition and seller will make no repairs .With some updates and creativity, this property could truly shine!

Additional Information

Interior Features
Main Level Primary
Exterior Features
Patio
Taxes
$1,290
Property Description
One Story
Zoning
Residential
Heating
Forced Air
Air Conditioning
Central Air
Stories
1
Levels
One
Roof
Shingle
Foundation
Stone

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Calculator source: Real Geeks

Listing courtesy of eXp Realty, LLC. Selling Office: Legacy Land Use & Realty.