308 W Second Street, Madison, IN 47250

$429,900
3
BD
3
BA
2,223
SqFt

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Sold Price
$429,900
List Price
$439,900
Status
CLOSED
Days on Market
0
Closing Date
Nov 26, 2025
MLS#
2025011477
Subtype
Residential
Style
One and One Half Story, One Story
Architectural Style
One and One Half Story, One Story
Year Built
1850
Bedrooms
3
Bathrooms
3
Full Baths
3
Living Area
2,223
Lot Size
4,891
Acres
0.11
MLS Area Major
Downtown

Property Description

The 2nd Street Carriage House & Inn boasting 73 five-star Google reviews and an impressive 55% repeat guest rate in 2025 is now available with all furnishings and business included! This is a rare chance to own one of Historic Downtown Madison’s most popular short-term rentals, or to easily convert it back into a charming single-family residence with guest quarters. The main house features 2 bedrooms, 2 full baths, a welcoming living room, formal dining room, and an eat-in kitchen. The carriage house offers flexible living, with an open main level currently used as a bedroom with full bath, plus an upstairs loft with sitting area, sleeping space, and kitchenette. A 1 car garage provides convenient off-street parking for a small car or golf cart. Outdoors, enjoy a beautifully landscaped, fenced backyard filled with flowers, plants and trees. A detailed list of those is available in the property information link. There are plenty of places to relax such as the patio area, around the firepit, on the covered side porch or you can work in the greenhouse. This turnkey business opportunity offers endless possibilities continue its success as a proven short term rental or create a private residence with guest house all in the heart of Historic Downtown Madison. This property was recently inspected and no major defects were found.

Additional Information

Interior Features
Separate/Formal Dining Room, Eat-in Kitchen, In-Law Floorplan, Main Level Primary, Pantry, Second Kitchen, Utility Room, Window Treatments
Exterior Features
Fence, Landscaping, Porch, Patio
Taxes
$3,356
Property Description
One and One Half Story, One Story
Zoning
Residential
Appliances
Dryer, Dishwasher, Oven, Range, Refrigerator, Washer
Heating
Forced Air
Air Conditioning
Central Air
Stories
1
Levels
One and One Half, One
Roof
Shingle
Foundation
Cellar
Parking Features
Attached, Garage
Garage Spaces
1
View
City

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Listing courtesy of eXp Realty, LLC. Selling Office: eXp Realty, LLC.