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727/733 W Third Madison, IN 47250
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Key Details
Sold Price $300,000
Property Type Single Family Home
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Square Footage 6,684 sqft
Price per Sqft $44
Subdivision Mcintiers Add
MLS Listing ID 2025010231
Sold Date 11/05/25
Style Historic/ Antique, Two Story
Bedrooms 7
Full Baths 7
Half Baths 3
Construction Status Resale
Abv Grd Liv Area 6,684
Year Built 1840
Annual Tax Amount $5,522
Lot Size 0.500 Acres
Acres 0.5
Property Sub-Type Residential
Property Description
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.
Location
State IN
County Jefferson_ I N
Area Downtown
Zoning Residential
Direction From Madison’s City Hall Head West on Main Street. Take a Right on Hwy 7/ Cragmont Street. Take a Right on Third Street, and the properties are on the Right.
Interior
Heating Forced Air
Cooling Central Air
Fireplaces Number 3
Fireplaces Type Decorative
Fireplace Yes
Exterior
Community Features Sidewalks
Water Access Desc Connected,Public
Roof Type Shingle
Street Surface Paved
Building
Entry Level Two
Foundation Stone, Cellar
Sewer Public Sewer
Water Connected, Public
Architectural Style Historic/Antique, Two Story
Level or Stories Two
Additional Building Shed(s)
New Construction No
Construction Status Resale
Others
Tax ID 390334444082
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Read Less
Bought with F.C. Tucker/Scott Lynch Group
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