109 Central Avenue, Madison, IN 47250 | MLS #2025011117 | Semonin Realtors

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Listing provided courtesy of Century 21 River Valley- MLS# 2025011117MLS ProviderContact Information: 812-273-1234

109 Central AvenueMadison, IN 47250

Single Family · 2 Beds · 1 Full Bath · 1,082 Sq. ft. | 0.20 Acres
$399,000 Active

109 Central Avenue Overview

Time on Site:
286 days
Visits:
3

Rare chance to own property directly across from Historic Downtown Madison festival hub Bicentennial Park, and close to the River Walk. This property sits in the heart of the action, offering unparalleled access to all the charm and activities downtown has to offer. The house itself is in need of renovation, but it provides a blank slate for any vision. Whether you dream of restoring the existing property into a historic downtown potential as a live/work space, the possibilities are endless. It is easily one of the most visible and marketable locations for music, hydroplane racing, car shows, and the growing attractions on Madison's Riverfront.

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109 Central Avenue Facts & Features

  • Type Single Family
  • Sq. ft. 1,082
  • Price/Sq.ft. $369
  • Lot 0.20 Acres

Details

General

Building Information

  • New Construction: false
  • Year Built: 1900

Location/Region

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

Tax Information

  • Tax Annual Amount: 1394.0

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 39130223231033000007
  • Property Condition: Resale
  • Property Sub Type: Residential
  • Property Type: Residential
  • Zoning: Residential,Historic Dist

Interior

Parking Information

  • Garage Spaces: 1.0
  • Garage: true

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 2

Building Interior

  • Above Grade Finished Area: 1082.0
  • Building Area Source: Assessor
  • Building Area Total: 1082.0

General Information

  • Fireplace Features: Wood Burning
  • Fireplace: true
  • Fireplaces Total: 1
  • Laundry Features: In Basement,Other
  • Levels: One
  • Living Area: 1082.0
  • Rooms Total: 5
  • Stories: 1

Exterior

Parking Information

  • Other Parking: Off Street
  • Parking Features: Basement

Lot Information

  • Lot Size Acres: 0.2044
  • Lot Size Area: 0.2044
  • Lot Size Dimensions: 140x70
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 8903.66
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Water Source: Connected,Public

Waterfront/View

    Building Exterior/Construction

    • Architectural Style: One Story
    • Construction Materials: Brick
    • Roof: Shingle

    General Information

    • Sewer: Public Sewer

    Room Information

    Room: Bedroom

    • Level: First
    • Dimensions: 15 x 11
    • Length: 11.0
    • Width: 15.0

    Room: Bedroom

    • Level: First
    • Dimensions: 12 x 12
    • Length: 12.0
    • Width: 12.0

    Room: Full Bath

    • Level: First
    • Dimensions: 8 x 4
    • Length: 4.0
    • Width: 8.0

    Room: Kitchen

    • Level: First
    • Dimensions: 15 x 11
    • Length: 11.0
    • Width: 15.0

    Room: Living Room

    • Level: First
    • Dimensions: 17 x 19
    • Length: 19.0
    • Width: 17.0

    109 Central Avenue 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.

    109 Central Avenue Monthly Cost

    $
    $ %
    %
    $
    $
    * 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.

    109 Central Avenue 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

    109 Central Avenue History

    Date Event Value Agent
    3/30/2026Source: Southern Indiana MLS Price Reduction
    $399,000 -6.1%
    10/27/2025Source: Southern Indiana MLS Price Reduction
    $425,000 -14.8%
    9/17/2025Source: Southern Indiana MLS Added to Database
    September 17, 2025