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109 Central Avenue, Madison, IN 47250

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For Sale

$499,000

2 beds • 1 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • 1900
    Year built

  • Over 50 Years Old
    Age

Explore this Property

Rare chance to own property directly across from Historic Downtown Madison festival hub Bicentennial Park, and just steps away from the River Walk. This property sits in the heart of the action, offering unparalleled access to all the charm and activities downtown has to offer. The house itself is in need of renovation, but it provides a blank slate for any vision. Whether you dream of restoring the existing property into a historic downtown potential as a live/work space, the possibilities are endless. It is easily one of the most visible and marketable locations for music, hydroplane racing, car shows, and the growing attractions on Madison's Riverfront. Being Sold As Is.
MLS# 2025011117

Listed By CENTURY 21 River Valley Real Estate, Inc.

Property Features

  • Age
    Over 50 Years Old
  • Basement
    Unfinished
  • Cooling
    Central A/C
  • Exterior Description
    Brick
  • Fireplace Description
    Wood Burning
  • Flooring
    Hardwood
  • Garage Count
    1 Car Garage
  • Garage Description
    Attached Garage
  • Heating Type
    Forced Air
  • Road Type
    City / Town Street
  • Sewer
    City
  • Style
    1 Level Ranch
  • Views
    Water
  • Water
    City Water

Map and Directions

Directions to 109 Central Avenue, Madison, IN 47250

Home seller CENTURY 21 River Valley Real Estate, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 team will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 River Valley Real Estate, Inc.

Deborah Hardy of The Committed Contenders
Alaina Tandy of The Committed Contenders

(812) 273-1234
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Room Dimensions

  • Living Room
    17 ft x 19 ft
  • Kitchen
    15 ft x 11 ft
  • Bedroom
    12 ft x 12 ft
  • Bedroom
    15 ft x 11 ft
  • Full Bath
    8 ft x 4 ft

An Equal Opportunity Company

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.