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727 W Third, Madison, IN 47250

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For Sale

$459,000

7 beds • 7 baths • 3 half baths • 6,684 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $68.67
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

OPPORTUNITY at a scale an investor can appreciate. If you are wanting rental investments, why not acquire 7 units? Madison has maintained rentals in this classic set of tri-plexes for 150+ years, and the owners of this property have made necessary updates, but want to let YOU carry this one forward. If you are seeking funds toward rehabbing the buildings, at this location there are two separate parcels, and therefore you could receive two grants. There is potential for historic contributions on the grounds of this property being a part of the Underground Railroad. The history is alleged, and at this time the listing agent does not have documentation of this history. The sale of this Real Estate is to be AS-IS, but buyers are welcome to thorough inspections.
MLS# 2025010231

Courtesy Of Legacy Land Use & Realty

(812) 701-0002

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Historical
  • Fireplace
    Fireplace
  • Heating System
    Forced Air
  • Lot Size
    0.5 Acres
  • Rooms
    Basement

Map and Directions

Directions to 727 W Third, 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:
    $0

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.

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.

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