118 Ferry St
Description
rental units and multiple income streams through existing tenants and a proven AirBnB operation. Unit 1 and 2
feature comfortable one-bedroom layouts with full kitchens, living rooms, and baths, while Unit 3 offers a studio
setup with a full bath. Each unit has been thoughtfully updated with luxury vinyl plank flooring, granite
countertops, new cabinetry, and stainless-steel appliances within...Located just one block from the Ohio Riverfront, this turnkey triplex investment property offers three updated
rental units and multiple income streams through existing tenants and a proven AirBnB operation. Unit 1 and 2
feature comfortable one-bedroom layouts with full kitchens, living rooms, and baths, while Unit 3 offers a studio
setup with a full bath. Each unit has been thoughtfully updated with luxury vinyl plank flooring, granite
countertops, new cabinetry, and stainless-steel appliances within the last 4 years. Additional recent
improvements include a newer roof (2023), newly paved patio (2023), new water heaters (Unit 2 & 3), and an
added water softener, ensuring low-maintenance ownership for years to come. With off-street parking,
attractive river views, and a location that puts residents within walking distance of the waterfront, this is an
investment opportunity you won't want to miss!
- Listed by Maleha Jones • F.C. Tucker/Scott Lynch Group • 812-265-3122
Property Details for 118 Ferry Street
Property Details for 118 Ferry Street
| Status | Active |
|---|---|
| MLS # | 202609731 |
| Days on Market | 2 |
| Taxes | $962 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Single Family |
| MLS Type | Residential / Residential |
| Year Built | 1900 |
| Lot Size | 0.07 AC / 3,049 SF |
| County | Jefferson County |
Location
Building Information for 118 Ferry Street
Payment Calculator
$2,472 per month
30 year fixed, 6.36% Interest
$2,391
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1Property Information for 118 Ferry Street
- Directions: From Downtown Madison, go through Main St. Turn left on E Second St and continue on Park Eve. Turn right onto Ferry St. Triplex will be on the left at corner of Ferry & Filmore St.
- State Or Province: IN
- Township: Madison
- Postal Code: 47250
- City: Madison
- County Or Parish: Jefferson_IN
- Zoning Description: Residential,Commercial
- MLS Area Major: Downtown
- Tax Annual Amount: $962.00
- Tax Legal Description: 011-05130-00 LOTS 43 & 44 & pt of Lot 45 SHEETS ADD 57 X 50 11-138-18 & 19 118 Ferry St
- Association: No
- Parcel Number: 391301223050000007
- Garage: No
- Other Parking: Off Street
- Above Grade Finished Area Source: ListingAgent
- Below Grade Finished Area: 0.0
- Above Grade Finished Area: 1494.0
- Living Area: 1494.0
- Lot Size Acres: 0.07
- Lot Size Area: 0.07
- Lot Size Source: Assessor
- Lot Size Square Feet: 3049.2
- Lot Size Units: Acres
- Building Area Source: ListingAgent
- Building Area Total: 1494.0
- Road Surface Type: Paved
- Year Built: 1900
- New Construction: No
- Water Source: Connected, Public
- Sewer: PublicSewer
- Construction Materials: Frame, VinylSiding
- Exterior Features: Balcony, Porch, Patio
- Patio And Porch Features: Balcony, Covered, Patio, Porch
- Structure Type: Triplex
- Roof: Shingle
- Foundation Details: Crawlspace
- Basement: No
- Appliances: Dryer, Dishwasher, Freezer, Microwave, Oven, Range, Refrigerator, WaterSoftener, Washer
- Basement: CrawlSpace
- Cooling: Yes
- Cooling: CentralAir, WallUnits
- Fireplace: No
- Bathrooms Full: 3
- Bathrooms Half: 0
- Bathrooms Total Integer: 3
- Heating: Yes
- Bedrooms Total: 3
- Heating: ForcedAir, HeatPump
- Laundry Features: MainLevel, LaundryRoom
- Levels: Two
- Rooms Total: 0
- Interior Features: KitchenIsland, MainLevelPrimary, OpenFloorplan, Pantry, SeparateShower, UtilityRoom
- Human Modified: Yes
- Internet Entire Listing Display: Yes
- Lease Considered: No
- Occupant Type: Tenant
Property History for 118 Ferry Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jun 30, 2026 | Listed (Active) Southern Indiana REALTORS® Association #202609731 | $479,900 | — |
| Jul 6, 2023 | Sold Southern Indiana REALTORS® Association #202307718 | $382,500 | — |
| May 27, 2023 | Pending Southern Indiana REALTORS® Association #202307718 | — | |
| May 18, 2023 | Listed (Active) Southern Indiana REALTORS® Association #202307718 | $399,000 | — |
| May 15, 2023 | Listed (Active) Southern Indiana REALTORS® Association #202307611 | $399,000 | — |
| Nov 5, 2021 | Sold Southern Indiana REALTORS® Association #2021010851 | $95,000 | — |
| Oct 6, 2021 | Pending Southern Indiana REALTORS® Association #2021010851 | — | |
| Sep 14, 2021 | Listed (Active) Southern Indiana REALTORS® Association #2021010851 | $85,700 | — |
| Mar 22, 2019 | Expired Southeastern Indiana Board of REALTORS #283384 | $82,900 | — |
| Nov 2, 2018 | Expired Southern Indiana REALTORS® Association #J20170223 | $79,900 | — |
| May 2, 2017 | Listed (Active) Southern Indiana REALTORS® Association #J20170223 | $79,900 | — |
| Apr 6, 2016 | Expired Southern Indiana REALTORS® Association #J20150165 | $82,900 | — |
| Apr 6, 2015 | Listed (Active) Southern Indiana REALTORS® Association #J20150165 | $82,900 | — |
| Apr 6, 2015 | Listed (Active) Southeastern Indiana Board of REALTORS #283384 | $82,900 | — |
| Oct 9, 2014 | Expired Southeastern Indiana Board of REALTORS #276273 | $82,900 | — |
| Oct 8, 2014 | Expired Southern Indiana REALTORS® Association #J20120593 | $82,900 | — |
| Oct 8, 2012 | Listed (Active) Southern Indiana REALTORS® Association #J20120593 | $89,900 | — |
| Oct 8, 2012 | Listed (Active) Southeastern Indiana Board of REALTORS #276273 | $82,900 | — |
| Jun 20, 2005 | Expired Southern Indiana REALTORS® Association #J2004711 | $79,900 | — |
| Sep 20, 2004 | Listed (Active) Southern Indiana REALTORS® Association #J2004711 | $89,900 | — |
| Date | Event & Source | Price |
|---|---|---|
| 06/30/2026 | Listed (Active) Southern Indiana REALTORS® Association #202609731 | $479,900 |
| 07/06/2023 | Sold Southern Indiana REALTORS® Association #202307718 | $382,500 |
| 05/27/2023 | Pending Southern Indiana REALTORS® Association #202307718 | — |
| 05/18/2023 | Listed (Active) Southern Indiana REALTORS® Association #202307718 | $399,000 |
| 05/15/2023 | Listed (Active) Southern Indiana REALTORS® Association #202307611 | $399,000 |
| 11/05/2021 | Sold Southern Indiana REALTORS® Association #2021010851 | $95,000 |
| 10/06/2021 | Pending Southern Indiana REALTORS® Association #2021010851 | — |
| 09/14/2021 | Listed (Active) Southern Indiana REALTORS® Association #2021010851 | $85,700 |
| 03/22/2019 | Expired Southeastern Indiana Board of REALTORS #283384 | $82,900 |
| 11/02/2018 | Expired Southern Indiana REALTORS® Association #J20170223 | $79,900 |
| 05/02/2017 | Listed (Active) Southern Indiana REALTORS® Association #J20170223 | $79,900 |
| 04/06/2016 | Expired Southern Indiana REALTORS® Association #J20150165 | $82,900 |
| 04/06/2015 | Listed (Active) Southern Indiana REALTORS® Association #J20150165 | $82,900 |
| 04/06/2015 | Listed (Active) Southeastern Indiana Board of REALTORS #283384 | $82,900 |
| 10/09/2014 | Expired Southeastern Indiana Board of REALTORS #276273 | $82,900 |
| 10/08/2014 | Expired Southern Indiana REALTORS® Association #J20120593 | $82,900 |
| 10/08/2012 | Listed (Active) Southern Indiana REALTORS® Association #J20120593 | $89,900 |
| 10/08/2012 | Listed (Active) Southeastern Indiana Board of REALTORS #276273 | $82,900 |
| 06/20/2005 | Expired Southern Indiana REALTORS® Association #J2004711 | $79,900 |
| 09/20/2004 | Listed (Active) Southern Indiana REALTORS® Association #J2004711 | $89,900 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 118 Ferry Street
Schools near 118 Ferry Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 4 | |||
| Public - | 5 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | PK to 4 |
Rating | School | Distance |
|---|---|---|
Deputy Elementary School PublicPK to 4 | ||
Madison Consolidated Jr High School Public5 to 8 | ||
Madison Consolidated High School Public9 to 12 | ||
Rykers' Ridge Elementary School PublicPK to 4 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of F.C. Tucker/Scott Lynch Group
Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
