702 West Main Street

Madison, IN 47250

$444,500
Price
—
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Great opportunity to own a commercial brick building on a busy corner of Historic downtown Madison which was recognized as "Best Small Town in the Midwest". Two-story live-work space with inviting wrought iron corner entry to commercial/specialty district downstairs area and private staircase entrance to upstairs living. Upstairs and downstairs units have been remodeled. Appliances included in upstairs apartment which also includes washer and dryer. Endless possibilities for the two-story part of...Great opportunity to own a commercial brick building on a busy corner of Historic downtown Madison which was recognized as "Best Small Town in the Midwest". Two-story live-work space with inviting wrought iron corner entry to commercial/specialty district downstairs area and private staircase entrance to upstairs living. Upstairs and downstairs units have been remodeled. Appliances included in upstairs apartment which also includes washer and dryer. Endless possibilities for the two-story part of the building whether as a retail, professional office, or two additional apartments. Two one-bedroom apartments located on the first floor with appliances included. Units on month to month with the new owner's ability to adjust or use the space to their professional needs. Located within walking distance to all the amenities downtown Madison has to offer including the beautiful Ohio River walk.
  1. Listed by Brenda Eversole • Century 21 River Valley • 812-273-1234

Amenities

  • Dryer
  • Washer
LISTING UPDATED: 11/07/2024 01:27 PM

Property Details for 702 West Main Street

StatusActive
MLS #2024011189
Days on Market27
Taxes$2,502 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi Family
Year Built-
Lot Size0.05 AC / 2,100 SF
CountyJefferson County

Building Information for 702 West Main Street

Stories-Residences-Year Built-Building Size-Lot Size0.05 AC / 2,100 SF

Property Information for 702 West Main Street

Summary
Location and General Information
  • Directions: Main Street to Mill. Corner of Mill and Main.
  • State Or Province: IN
  • Township: Madison
  • Postal Code: 47250
  • City: Madison
  • County Or Parish: Jefferson_IN
  • MLS Area Major: Downtown
Taxes and HOA Information
  • Tax Annual Amount: $2,502.00
  • Tax Legal Description: 27-1/2 75ft NW Corner Main & Mill Street 11-103.1-78 part of Lot #19 in the Third Addition 702 W Main
  • Parcel Number: 390864444108000007
Property
Lot Information
  • Above Grade Finished Area Source: Assessor
  • Living Area: 0.0
  • Lot Size Units: Acres
  • Lot Size Dimensions: 28 x 75
  • Building Area Source: Assessor
Property and Assessments
  • Current Use: MultiFamily, Other
  • Property Condition: Resale
Mobile Home
Mobile Home Information
  • Human Modified: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 0
Agent
Confidential
  • Internet Entire Listing Display: Yes
Rental
Rental Information
  • Leasable Area: $2,912.00
  • Occupant Type: Tenant

Property History for 702 West Main 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 702 West Main Street

Taxable ValueLand$7,400Additions$93,900Total$101,300
Tax Record2023$2,502 ($208 / month)
Home Facts
Total Finished SqFt3,808 SqFtAbove Grade Finished SqFt3,808 SqFtStories3Lot Size2,100 SqFtStyleMulti-Family Res (5+ Units)Year Built1900CountyJEFFERSONAPN39-08-34-444-108.000-007

Schools near 702 West Main 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 702 West Main Street, Madison, IN 47250

702 West Main Street is a multi-family home for sale in Madison, IN 47250. This property was listed for sale on October 25, 2024 by Century 21 River Valley, it's currently listed at $444,500. It has been on the market for a total of 27 days and was last sold on April 1, 2024. 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. 702 West Main Street is a 0-bed, 0-bath, multi-family home.

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 Century 21 River Valley

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.