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208 Elm St, Madison, IN 47250

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For Sale

$425,000

5 beds • 3 baths • 1 half baths • 3,930 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $108.14
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

This unbelievable home in historic downtown Madison has never been on the market in over 70 Years! It is a remarkable building on the corner of Elm and First St in the prime location next door to the Historic Lanier Home! Listed in the historical books as a Greek Revival/Italianate built in 1870 it appears it's original address was 418 W First St. It was a single family residence for nearly 120 years. Much of the original doors, woodwork, staircases are still in place. Currently this home is a tri-plex with the front unit being approximately 1800 sq ft ,and the other 2 units in the rear approximately 1000 sq ft. The front unit is a 2-3 bedroom, 1.5 bath, 2 story unit and the others are 1 bedroom, 1 bath. All 3 units have their own laundry rooms, HVAC, Water heaters and electric meters. There is a small yard in the rear with a small garage/storage area. The exterior of the home has been renovated in the last couple years. Perfect for an investor or home owner wanting some passive income. Come visit downtown Madison to one of the great festivals, enjoy the river views and Best Main Street in the USA and schedule a showing today!
MLS# 2025011372

Courtesy Of eXp Realty

(812) 734-6048

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Porch, Patio, Ceiling Fan
  • Appliances
    Range, Refrigerator
  • Architecture Style
    Historical
  • Heating System
    Forced Air
  • Lot Size
    0.2 Acres
  • Rooms
    Basement, Bonus Room, Kitchen
  • View Type
    Park, River

Map and Directions

Directions to 208 Elm St, Madison, IN 47250

Home seller CENTURY 21 River Valley Real Estate, Inc.

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

CENTURY 21 River Valley Real Estate, Inc.

(812) 273-1234
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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† 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.