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708 E Main Street, Madison, IN 47250

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For Sale

$799,900

5 beds • 5 baths • 1 half baths • 4,404 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $181.63
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

CIRCA 1840'S HISTORIC HOME - Step into history with this stunning home, located in the heart of historic downtown Madison, Indiana. Currently operating as the successful Iron Gate Inn Bed & Breakfast, this property offers an extraordinary opportunity to own a piece of Madison s heritage while continuing a thriving business or enjoying as an exquisite private residence. Inside, the home showcases a grand parlor with soaring 13-foot ceilings, 11-foot Jefferson windows, and an original stamped tin ceiling. Four original gas lamps, converted to electric including three depicting the Ages of Man illuminate the history and artistry of the home. With 8 fireplaces, inlaid wood floors, a graceful foyer, elegant double covered side porches, a large updated eat-in kitchen, and a formal dining room, the home is designed for both beauty and function. The property features 5 spacious bedrooms and 5.5 bathrooms all of the bedrooms each include their own private bath making it ideal for hosting guests or extended family. The finished attic space can be used as an additional bedroom/office/craft room or storage. The attached carriage house still functions as a garage, and the brick patio and lovely gardens provide serene outdoor living spaces. This is more than a home it s a legacy. Whether you choose to continue operating it as a proven Bed & Breakfast or transform it into a private estate, this remarkable property offers history, charm, and modern functionality in one.
MLS# 2025010435

Courtesy Of F.C. Tucker

(812) 265-3122

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Porch, Patio, Ceiling Fan, Attic
  • Appliances
    Dishwasher, Dryer, Freezer, Garbage Disposer, Microwave, Range, Refrigerator, Washer
  • Architecture Style
    Historical
  • Fireplace
    Fireplace
  • Heating System
    Forced Air
  • Lot Size
    0.19 Acres
  • Rooms
    Basement, Den, Family Room, Kitchen, Office

Map and Directions

Directions to 708 E Main 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

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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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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