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150 N Main St, Madison, VA, 22727

4beds
3baths
2,932sqft
$200,000
$68price/sqft
$1,436/moest. monthly cost
$57,440/yrincome needed

About This Home

List price is starting bid only. Home will be sold at auction 9/14/2026 @12pm. Contact us or your favorite real estate professional to view this home! Buying at auction is easy and transparent you can get financing!! Historic 4 BR/2.5 BA multi-tenant home on 1.619 +/- acres (circa 1820) -- Detached 30'x36' shop/garage/storage building -- Currently used as a duplex, but easily converted to a single family home -- Detached cottage -- Access is available from both N Main St. & Washington St. -- Located within walking distance to downtown Madison, minutes from Rt. 29, approx. 30 minutes to Charlottesville, 25 minutes to Culpeper, 45 minutes to Fredericksburg & 90 minutes to NOVA & DC!!

Getting Around

24
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

6/10

Construction

Condition

  • Year built: 1820

Materials

  • Roof: Metal
  • Construction materials: Frame,Aluminum Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: A-Frame
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Refrigerator,Oven,Washer

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Unfinished,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Flooring: Hardwood,Vinyl
  • Finished area above ground: 2,932

Heating & Cooling

  • Heating features: Electric,Heat Pump
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 2,932
  • Total interior livable area: 2,932 sqft

Kitchen

  • Features: Eat-in Kitchen

Property

Details

  • Parcel number: 39A13
  • Lease amount: 0

Features

  • Stories: 2

Lot

  • Lot size: 1.62 Acres

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 WindRelatively High
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Drought
Hail
Hurricane
Inland Flooding
Lightning
Winter Weather

FEMA Declared Disasters Across Virginia Counties

Severe Storm
Tropical Storm
Winter Storm

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 $1,011$12,132
Home Insurance *$64$768
Property Taxes $79$948
Electricity $282$3,388
Total$1,436$17,232
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$49,234/yr
40% on housing$43,080/yr
45% on housing$38,293/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

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: 4.6%
4.6%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: -2.9%
-2.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$68This listing

vs Other Active Listings

Avg $/sqft

ZIP 22727$553
Madison County$392

vs Homes Sold Last Month

Median $/sqft

ZIP 22727$264
Madison County$261

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)

No zestimate history available

Price History

DateEventPrice
2026-07-29Listed for sale$200,000
2026-05-01Listing removed$439,000
2026-02-07Listed for sale$439,000
2026-01-15Contingent$439,000
2025-10-03Listed for sale$439,000
2024-11-07Listing removed$439,000
2024-07-06Listed for sale$439,000
2023-09-01Listing removed--
2023-06-08Listed for sale$379,000
2023-06-01Listing removed--
2022-05-29Listed for sale$449,000
2022-01-06Listing removed--
2021-12-29Listed for sale$449,000

For Sale by Agent

AgentJohn Nicholls
BrokerageNicholls Auction Marketing Group

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