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712 E Main Street, Madison, IN, 47250

2beds
2baths
1,774sqft
$334,500
$189price/sqft
$2,345/moest. monthly cost
$93,800/yrincome needed

About This Home

This captivating stone residence, built in 1839, offers a whimsical blend of timeless elegance and modern comfort. Step through the beautiful Dutch door at the front stoop into a sanctuary rich with character and history. Original chestnut and old-growth pine flooring whisper stories of bygone eras throughout the home. The foyer offers an inviting transition, leading to the parlor and dining room or upstairs to the private living quarters. Preserved historic charm harmonizes seamlessly with thoughtful updates. Accent wallpapers add carefully curated allure without overwhelming the space. Upstairs, a welcoming den sits at the top of the stairs, with double doors opening into the primary bedroom. Each room maintains its own hearth, with four decorative fireplaces throughout the home. The main bedroom features an ensuite bathroom. Quality replacement windows along the rear façade and built-in dining room cupboards add both charm and function. The enclosed Florida room serves as a tranquil den, with double mahogany doors leading to the courtyard. The enclosed yard offers a patio and flagstone walk to a sturdy potting shed. Off-street parking, a rare find in downtown Madison, is another notable feature. The attic is well insulated, and exterior tuck-pointing and paint have been completed. This move-in-ready home offers a rare opportunity to own a piece of Madison’s storied past while enjoying modern comforts.

Getting Around

53
WalkingSomewhat Walkable
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Property condition: Resale
  • Year built: 1838

Materials

  • Foundation: Stone,Cellar
  • Construction materials: Stone

Other

  • Builder model: yes

Type & Style

  • Home type: SingleFamily
  • Architectural style: Historic/Antique,Two Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Microwave,Oven,Range,Washer
  • Laundry features: Main Level,Other

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

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

Features

  • Breakfast Bar,Ceramic Bath,Separate/Formal Dining Room,Entrance Foyer,Eat-in Kitchen,Bath in Primary Bedroom
  • Window features: Thermal Windows
  • Number of fireplaces: 4
  • Fireplace features: Decorative
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,774

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,774
  • Total interior livable area: 1,774 sqft

Property

Details

  • Parcel number: 0110359002
  • Zoning: Residential
  • Zoning description: Residential

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio,Porch
  • Exterior features: Landscaping,Porch,Patio
  • Has view: Yes
  • View description: City
  • Frontage length: 28

Lot

  • Lot size: 3,876 sqft

Parking

  • Total spaces: 2
  • Parking features: Garage
  • Attached garage spaces: 2
  • Covered spaces: 2

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 $1,691$20,292
Home Insurance *$226$2,712
Property Taxes $244$2,928
Electricity $184$2,212
Total$2,345$28,140
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$80,400/yr
40% on housing$70,350/yr
45% on housing$62,533/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

$189This listing

vs Other Active Listings

Avg $/sqft

ZIP 47250$137
Jefferson County$138

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
2026-01-14Listed for sale$349,000
2019-04-25Sold$180,000
2019-03-08Pending sale$184,500
2019-02-11Listed for sale$184,500
2018-10-26Sold$180,000
2018-09-13Pending sale$184,500
2018-08-22Listed for sale$184,500

For Sale by Agent

AgentJessica Butler
BrokerageLegacy Land Use & Realty

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