$244,998
 $1,391 est/mo Sourced by Back At You

605 Walnut Street,Madison, IN 47250

Madison, IN 47250

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Description

Positioned within walking distance to Downtown Amenities, this move-in-ready Federal-style residence presents a compelling opportunity to capitalize on ongoing neighborhood investment and appreciation. The home successfully balances historic character with thoughtful modern updates, offering both authenticity and functionality. Key features include main floor updated kitchen appliances, living room, fireplace, dining room area, and half bath. Tall Ceilings, and finished painted hardwood floors that create a bright, durable living environment. A notably spacious, dry cellar provides flexible-use space not found in comparable Madison properties, ideal for a bonus room, work out space, or a secret "Speak Easy" space. The upper-level has an additional living or lounge area, both bedrooms, and a full bathroom - Enhancing the home's versatility from Owner Occupied, to Bed & Breakfast! Lots of possibilities. Outside, a fully fenced backyard offers multiple seating and entertainment spaces, including the covered Patio, and complemented by a storage barn for added convenience.

Details

MLS #202609995
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1840
Days On Site86
Listing Provided ByRE/MAX FIRST | Angela L Bauer

Features

Bed(s)2
Bath(s) 2 Total
SQ Feet1,512
BasementY
Story(s)2
ZoningResidential,Historic Dist
Acreage0.05

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount745

Area Information

StateIN
CountyJefferson_IN
CityMadison
Zip Code47250
AreaDowntown
Listing VS Median (in 47250)
Price:
$244,998
low | high
Med:
$324,950
17.366264214402% of Average
sqft:
1,512
low | high
Med:
1,912
23.544973544974% of Average
$ / sqft:
$162
low | high
Med:
$171
44.753720180405% of Average
On site:
86
low | high
Med:
62.5
100% of Average
Sourced by Back At You

Market Activity 47250

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Learn More About This Property

StateIN
CountyJefferson_IN
CityMadison
Zip Code47250
AreaDowntown
Listing VS Median (in 47250)
Price:
$244,998
low | high
Med:
$324,950
17.366264214402% of Average
sqft:
1,512
low | high
Med:
1,912
23.544973544974% of Average
$ / sqft:
$162
low | high
Med:
$171
44.753720180405% of Average
On site:
86
low | high
Med:
62.5
100% of Average
Sourced by Back At You
Listing Updated: October 1, 2026 at 3:01:31 PM PDT