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1010 E First Street, Madison, IN, 47250

2beds
2baths
1,674sqft
$384,900
$230price/sqft
$2,690/moest. monthly cost
$107,600/yrincome needed

About This Home

Scenic river view and comfortable downtown living in this two year old home. This two bedroom, two bath residence provides a designer kitchen with breakfast bar, granite counter top and tile backsplash. Open concept living and dining area with open staircase to basement. River view from living and dining areas. Large family room walk-out to covered patio and river view. Have your morning coffee or evening beverage with view of the sun shinging on the river or the sunset over the bridge. Home is located close to river walk, riverfront parks, dining, shopping, festivals and all that Madison---USA Todays's "Best Small Town in the Midwest"--has to offer.

Getting Around

15
WalkingCar-Dependent
0
TransitVery Limited Transit
22
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Property condition: Resale
  • Year built: 2023

Materials

  • Foundation: Poured
  • Roof: Shingle
  • Construction materials: Hardboard,HardiPlank Type

Other

  • Builder name: Hammock

Type & Style

  • Home type: SingleFamily
  • Architectural style: Two Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Disposal,Microwave,Oven,Range,Refrigerator,Washer
  • Laundry features: Laundry Closet,Main Level

Basement

  • Has basement: Yes
  • Basement: Full,Finished

Bedroom

  • Level: Lower
  • Dimensions: 12.8 x 13.9

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Family Room

  • Level: Lower
  • Dimensions: 18.3 x 19.10

Features

  • Breakfast Bar,Ceramic Bath,Ceiling Fan(s),Entrance Foyer,Bath in Primary Bedroom,Main Level Primary,Open Floorplan,Pantry,Utility Room,Walk-In Closet(s),Window Treatments
  • Window features: Blinds,Thermal Windows
  • Finished area below ground: 837
  • Finished area above ground: 837

Heating & Cooling

  • Heating features: Forced Air,Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,674
  • Total interior livable area: 1,674 sqft

Kitchen

  • Level: First
  • Dimensions: 10.5 x 10.5

Living Room

  • Level: First
  • Dimensions: 21.3 x 18.10

Master Bedroom

  • Level: First
  • Dimensions: 13.9 x 10.1

Other

  • Level: First
  • Dimensions: 11.9 x 7.7

Other

  • Level: Lower
  • Dimensions: 4.11 x 8.11

Other

  • Level: Lower
  • Dimensions: 3.4 x 15.3

Other

  • Level: First
  • Dimensions: 7.3 x 7.1

Property

Details

  • Parcel number: 391301223053000007
  • Zoning: Residential
  • Zoning description: Residential

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Deck,Patio,Porch
  • Exterior features: Deck,Landscaping,Paved Driveway,Porch,Patio
  • Has view: Yes
  • View description: Panoramic,River
  • Has water view: Yes
  • Water view: River

Lot

  • Lot size: 6,534 sqft
  • Features: Dead End

Parking

  • Total spaces: 1
  • Parking features: Attached,Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Tornado
    TornadoVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Ice Storm
    Ice StormModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Inland Flooding
Lightning
Cold Wave
Ice Storm
Winter Weather

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,946$23,352
Home Insurance *$260$3,120
Property Taxes $300$3,600
Electricity $184$2,212
Total$2,690$32,280
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$92,228/yr
40% on housing$80,700/yr
45% on housing$71,733/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 2.0%
2.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$230This listing

vs Other Active Listings

Avg $/sqft

ZIP 47250$136
Jefferson County$137

vs Homes Sold Last Month

Median $/sqft

ZIP 47250$145
Jefferson County$145

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-01Price change$384,900
2026-05-08Price change$389,900
2026-04-03Listed for sale$399,900
2024-05-02Sold$340,000
2024-04-05Pending sale$345,000
2023-11-07Listed for sale$345,000
2020-03-26Sold$65,000

For Sale by Agent

AgentBrenda Eversole
BrokerageCentury 21 River Valley

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