




1057 W Main St, Madison, IN, 47250
About This Home
Historic charm meets modern convenience right on Main Street in downtown Madison! This thoughtfully updated bungalow blends timeless character with tasteful improvements while preserving many original features, including the beautiful hardwood floors throughout much of the home. The spacious living room offers the perfect setting to showcase your antique furnishings and create a warm, inviting gathering space full of historic charm. The oversized kitchen and dining area is impressively large for a home of this era and has been beautifully updated with brand new cabinetry, stone countertops, an island with double sink, and new stainless appliances including a dishwasher. Tucked away at the rear of the home, the private primary suite features a large bathroom and peaceful river views. Downstairs, the basement provides versatile additional living space with painted concrete floors and exposed ceilings that create a trendy industrial-style speakeasy aesthetic. Whether you need extra entertaining space, storage, a rec room, or hobby area, this lower level offers excellent flexibility. Outside, the large backyard includes alley access and offers exciting potential for a future garage or ADU. Gather around the fire pit and enjoy evenings overlooking the river views in the background - all while being just steps away from the shops, restaurants, and historic atmosphere of downtown Madison.
Getting Around
Schools
Construction
Condition
- Year built: 1900
Materials
- Foundation: Rock
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Microwave,Electric Oven,Refrigerator,Water Heater
- Laundry features: In Unit
Basement
- Has basement: Yes
- Basement: Full,Unfinished,Walk-Out Access
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Features
- Kitchen Island,Hardwood Floors,High Speed Internet,Eat-in Kitchen,Pantry
- Flooring: Hardwood
- Number of fireplaces: 3
- Fireplace features: Basement,Kitchen,Living Room
- Fireplace: Yes
- Finished area below ground: 0
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 1,736
- Total interior livable area: 1,736 sqft
Kitchen
- Level: Main
- Area: 240.25
- Dimensions: 15.5x15.5
Living Room
- Level: Main
- Area: 240.25
- Dimensions: 15.5x15.5
Master Bedroom
- Level: Main
- Area: 195.75
- Dimensions: 13.5x14.5
Property
Details
- Parcel number: 390834334060000007
- Horse amenities: None
Features
- Levels: One
- Stories: 1
Lot
- Lot size: 7,840 sqft
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
- Tornado
- Inland Flooding
- Lightning
- Cold Wave
- Ice Storm
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,238 | $14,856 |
| Home Insurance * | $165 | $1,980 |
| Property Taxes | $35 | $420 |
| Electricity | $184 | $2,212 |
| Total | $1,622 | $19,464 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-23 | Price change | $244,900 |
| 2026-05-23 | Listed for sale | $250,000 |
| 2024-07-03 | Listing removed | -- |
| 2024-04-10 | Pending sale | $209,000 |
| 2024-04-04 | Listed for sale | $209,000 |
| 2001-12-20 | Sold | $30,000 |
