$404,900
 $2,299 est/mo Sourced by Back At You

128 West Street,Madison, IN 47250

Madison, IN 47250

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Description

An extremely rare 2 structure opportunity for OWNER-OCCUPANTS or for INVESTORS looking for an IMMEDIATE INCOME-PRODUCING property - proven AIRBNB GROSS INCOME OF OVER $69k FROM mid 2024-and all 2025 (financials available). The home has been maintained personally by local owners. FULLY FURNISHED with an acceptable offer. You can move right in or continue renting immediately! This beautifully renovated home (2024) boasts SEVERAL UPDATES while maintaining the home's original historic elements. Inside, enjoy an open kitchen with a passthrough to the living room and a door leading to the covered front patio and covered porch. Spacious dining/eating area, TILED MASTER BATH, TUB with shower in hall bath. Laundry includes new (2024) Electrolux stackable washer and dryer. Great curb appeal with easy to care for landscaping. CENTRAL LOCATION one block from river front, across the street from Centennial Park (literally front row viewing for movies, concerts and seasonal events), and only 2 blocks from downtown shops and restaurants. VERY RARE IN-TOWN MULTIPLE OFF STREET PARKING SPOTS in carport and in alley on concrete pad behind secondary building. The two story framed barn provides an opportunity for additional income producing space w/approx. 900 sq ft. An incredible IMMEDIATE INCOME PRODUCING INVESTMENT PROPERTY or JUST BRING YOUR TOOTHBRUSH and move right in!

Details

MLS #202606818
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1950
Days On Site157
Listing Provided ByF.C. Tucker/Scott Lynch Group | Scott Lynch

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet1,127
Garage1
Car PortYes
Story(s)1
ZoningResidential,Historic Dist
Acreage0.13
Property ViewYes

Exterior

Lot FeaturesCorner Lot

Parking

Garage Yes / NoYes
Parking FeaturesCarport

Taxes

Tax Annual Amount2080

Location

Community FeaturesSidewalks

Area Information

StateIN
CountyJefferson_IN
CityMadison
Zip Code47250
AreaDowntown
Listing VS Median (in 47250)
Price:
$404,900
low | high
Med:
$334,500
67.387009138059% of Average
sqft:
1,127
low | high
Med:
1,990
26.574977817214% of Average
$ / sqft:
$359
low | high
Med:
$168
100% of Average
On site:
157
low | high
Med:
50
100% of Average
Sourced by Back At You

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Learn More About This Property

StateIN
CountyJefferson_IN
CityMadison
Zip Code47250
AreaDowntown
Listing VS Median (in 47250)
Price:
$404,900
low | high
Med:
$334,500
67.387009138059% of Average
sqft:
1,127
low | high
Med:
1,990
26.574977817214% of Average
$ / sqft:
$359
low | high
Med:
$168
100% of Average
On site:
157
low | high
Med:
50
100% of Average
Sourced by Back At You
Listing Updated: July 20, 2026 at 3:57:02 AM PDT