1127 Walnut Street

Madison, IN 47250

$399,999
Price
3
Beds
1
Bath
1,623 Sq. Ft.
$246 / Sq. Ft.
1,623
Sq. Ft.
$246
per Sq. Ft.

Description

Very unique opportunity that is less than a half mile from the National Historic landmark town of Madison IN. This includes 5 parcels, 2 parcels have existing homes. 1131 walnut has a shotgun style home with an apartment addition. Home and apartment are in need of renovations. The main home at 1127 was updated about 10 years ago. Both homes have newer roofs within the last 5 years. 1131 has an old house that is in need of major renovation or be razed. 1100 is the garden area behind the two homes....Very unique opportunity that is less than a half mile from the National Historic landmark town of Madison IN. This includes 5 parcels, 2 parcels have existing homes. 1131 walnut has a shotgun style home with an apartment addition. Home and apartment are in need of renovations. The main home at 1127 was updated about 10 years ago. Both homes have newer roofs within the last 5 years. 1131 has an old house that is in need of major renovation or be razed. 1100 is the garden area behind the two homes. 1137 is a vacant track that is 8.5 acres. Total acreage is just under 10 acres. The very popular Heritage Trail access point is located on Walnut st. This property could have many potential uses given the tourism in Madison. RV parking, Hotel, Short term rental, multi family, etc. Proper zoning and approvals would be needed to make any changes. We have not explored these ideas with planning and zoning , just ideas to add to Madison's rich toursim market.
  1. Listed by Brad Curry • RE/MAX Advantage • 812-923-7050

Property Details for 1127 Walnut Street

Architectural Style
OneStory
Stories
1
Zoning
Residential
LISTING UPDATED: 10/25/2024 11:14 AM

Property Details for 1127 Walnut Street

StatusActive
MLS #2024010809
Days on Market70
Taxes$2,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential / Duplex
Year Built1900
Lot Size9.75 AC / 424,710 SF
CountyJefferson County

Building Information for 1127 Walnut Street

Stories1Residences-Year Built1900Building Size-Lot Size9.75 AC / 424,710 SF

Property Information for 1127 Walnut Street

Summary
Location and General Information
  • Directions: Main st to Jefferson st, left on walnut st, properties are on the left.
  • State Or Province: IN
  • Township: Madison
  • Postal Code: 47250
  • Postal Code Plus: 3255
  • City: Madison
  • County Or Parish: Jefferson_IN
  • Zoning Description: Residential
  • MLS Area Major: Downtown
Taxes and HOA Information
  • Tax Annual Amount: $2,000.00
  • Tax Legal Description: 011-02727-00 66X107 W SD WALNUT 11-104.1-10 1127 N. WALNUT ST.
  • Parcel Number: 0110272700
Parking
  • Garage: No
Property
Lot Information
  • Above Grade Finished Area Source: Assessor
  • Below Grade Finished Area: 0.0
  • Above Grade Finished Area: 1623.0
  • Living Area: 1623.0
  • Lot Size Acres: 9.75
  • Lot Size Area: 9.75
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 424710.0
  • Lot Size Units: Acres
  • Building Area Source: Assessor
  • Building Area Total: 1623.0
Property and Assessments
  • Property Condition: Resale
  • Year Built: 1900
  • New Construction: No
Utilities
  • Water Source: Connected, Public
  • Sewer: PublicSewer
Interior and Exterior Features
Exterior Features
  • Structure Type: Duplex
Interior Features
  • Basement: No
  • Basement: CrawlSpace
  • Cooling: Yes
  • Cooling: CentralAir
  • Fireplace: No
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 1
  • Heating: Yes
  • Bedrooms Total: 3
  • Heating: ForcedAir
  • Levels: One
  • Rooms Total: 0
Mobile Home
Mobile Home Information
  • Human Modified: Yes
Agent
Confidential
  • Internet Entire Listing Display: Yes

Property History for 1127 Walnut Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1127 Walnut Street

Taxable ValueLand$6,100Additions$85,400Total$91,500
Tax Record2023$1,830 ($152 / month)
Home Facts
Beds2Baths1Total Finished SqFt1,623 SqFtAbove Grade Finished SqFt1,623 SqFtStories1Lot Size5,243 SqFtStyleSingle Family ResidenceYear Built1900CountyJEFFERSONAPN39-08-35-113-045.000-007Fireplace TypeHas Fireplace

Schools near 1127 Walnut Street

This home is within Madison Consolidated Schools.
Rating
School
Type
Grades
Distance
Lydia Middleton Elementary School
Public - PK to 4
E.O. Muncie Jr/Sr High School
Public - 7 to 12
Madison Consolidated High School
Public - 9 to 12
Anderson Elementary School
Public - PK to 4
Rating
School
Distance
Lydia Middleton Elementary School
PublicPK to 4

E.O. Muncie Jr/Sr High School
Public7 to 12

Madison Consolidated High School
Public9 to 12

Anderson Elementary School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1127 Walnut Street, Madison, IN 47250

1127 Walnut Street is a multi-family home for sale in Madison, IN 47250. This property was listed for sale on September 12, 2024 by RE/MAX Advantage, it's currently listed at $399,999. This listing's school district is Madison Consolidated Schools. Nearby schools include Lydia Middleton Elementary School, E.O. Muncie Jr/Sr High School and Madison Consolidated High School. 1127 Walnut Street is a 3-bed, 1-bath, 1,623 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Advantage

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.