316 W Main Street, Madison, IN 47250 | MLS #202609040 | Semonin Realtors

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Listing provided courtesy of F.C. Tucker/Scott Lynch Group- MLS# 202609040MLS ProviderContact Information: 812-265-3122

316 W Main StreetMadison, IN 47250

Single Family · 1 Bed · 1 Full Bath · 6,337 Sq. ft. | 0.08 Acres
$369,900 Active

316 W Main Street Overview

Time on Site:
22 days
Visits:
2

Discover this Italianate two-part in a commercial block, constructed circa 1870, brimming with potential for various business ventures or investment opportunities! **Property Highlights** Spacious first floor - Enjoy approximately 3140 sq ft of versatile space, perfect for retail or office use. Flexible Second Floor - Currently utilized for storage, this level can easily be transformed to suit your needs, whether it be additional office space or even more retail opportunities. Third Floor Comfort - A welcoming apartment provides both convenience and potential rental income, making this property a smart investment. Property runs from Main Street to the back alley. Don't miss out on a chance to own this property! Contact us today for more information or schedule a viewing.

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316 W Main Street Facts & Features

  • Type Single Family
  • Sq. ft. 6,337
  • Price/Sq.ft. $58
  • Lot 0.08 Acres

Details

General

Association/HOA

  • Association: false

Building Information

  • New Construction: false
  • Year Built: 1934

Location/Region

  • County Or Parish: Jefferson_IN
  • MLS Area Major: Downtown
  • Postal City: Madison
  • Township: Madison

Tax Information

  • Tax Annual Amount: 3846.0

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 391302221035000007
  • Property Condition: Resale
  • Property Sub Type: Residential
  • Property Type: Residential
  • Zoning: Central Business District

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 1

Building Interior

  • Above Grade Finished Area: 6337.0
  • Building Area Source: Assessor
  • Building Area Total: 6337.0

General Information

  • Appliances: Oven,Range,Refrigerator
  • Basement: false
  • Fireplace: false
  • Levels: Three Or More
  • Living Area: 6337.0
  • Rooms Total: 3

Exterior

Lot Information

  • Lot Size Source: Assessor
  • Lot Size Square Feet: 3484.8
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Water Source: Connected,Public

Building Exterior/Construction

  • Architectural Style: Three Story

General Information

  • Sewer: Public Sewer

Room Information

Room: Bedroom

  • Level: Third
  • Dimensions: 21.7 x 19.6
  • Length: 19.6
  • Width: 21.7

Room: Kitchen

  • Level: Third
  • Dimensions: 15.8 x 19
  • Length: 19.0
  • Width: 15.8

Room: Living Room

  • Level: Third
  • Dimensions: 21.7 x 19
  • Length: 19.0
  • Width: 21.7

316 W Main Street Neighborhood

Community

47250 (Madison) Demographics

43
Median Age
106
Population Density (per sq. mile)
29%
College Educated
$49,462
Estimated Median Income
6,172
Estimated Total Home Owners
3,249
Estimated Total Renters
66% / 34%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

316 W Main Street Monthly Cost

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$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

316 W Main Street Market Data

Based on the last 30 days in this zip code

$382,709
Average List Price
$183
Average Price per Square Foot
20
Properties Sold
82
Average Days on Market
94
Properties for Sale
Calculations provided by Reliance Network

316 W Main Street History

Date Event Value Agent
6/8/2026Source: Southern Indiana MLS Added to Database
June 08, 2026