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316 E First Street, Madison, IN 47250

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For Sale
Sale Pending

$215,000

1 beds • 1 baths • 699 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $307.58
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Welcome to this charming 1 bed, 1 bath home in the heart of DOWNTOWN MADISON, INDIANA S HISTORIC DISTRICT, where timeless elegance meets modern comfort. This well-maintained property offers VIEWS OF THE OHIO RIVER, ORIGINAL ARCHITECTURAL DETAILS, and thoughtful updates, making it an ideal full-time residence, weekend retreat, or investment property. You are greeted by ORIGINAL HARDWOOD FLOORS AND RICH WOOD TRIM, showcasing the craftsmanship and character of a bygone era. The inviting living space flows into an UPDATED KITCHEN featuring modern appliances, solid surface countertops, and ample cabinet space perfect for cooking and entertaining. The FULL BATH HAS BEEN COMPLETELY RENOVATED, blending style and function with contemporary finishes that complement the home s classic charm. Enjoy peace of mind with a NEW ROOF INSTALLED IN 2024, along with UPDATED ELECTRICAL, PLUMBING, AND HVAC SYSTEMS that bring this historic home fully into the present. The SPACIOUS BEDROOM offers a quiet sanctuary and generous closet space. Step outside onto the DECK FOR A RIVER VIEW, where you can relax. Close to SHOPPING, DINING, AND FESTIVALS, this home offers the best of small-town living with historic charm and modern updates. With its unbeatable location and features, this home also presents an excellent opportunity as a short-term rental on AIRBNB OR VRBO, offering guests a unique stay in one of Indiana s most beloved river towns. Don t miss this rare opportunity schedule your showing today!
MLS# 202507725

Courtesy Of eXp Realty

(812) 734-6048

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Deck
  • Appliances
    Dryer, Microwave, Range, Refrigerator
  • Architecture Style
    Other
  • Heating System
    Forced Air
  • Lot Size
    0.06 Acres
  • Rooms
    Basement, Kitchen
  • View Type
    River

Map and Directions

Directions to 316 E First Street, 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

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

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Copyright © 2025 Southern Indiana REALTORS Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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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.

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