313 E 1st St

Madison, IN 47250

$750,000
Price
1
Bed
4,030 Sq. Ft.
$186 / Sq. Ft.
4,030
Sq. Ft.
$186
per Sq. Ft.
2nd floor resident

Description

Residence and turnkey bar in historical downtown madison. The song is true — sometimes you just want to be where everybody knows your name, and at 1st Street Saloon, it truly feels like home. Nestled in the heart of historic downtown Madison, this cozy and inviting bar is a hidden gem where both locals and visitors gather to relax, enjoy, and make memories. Inside you’ll find a warm, welcoming atmosphere, while outside an expanded patio provides the perfect setting for games and good times. The property...Residence and turnkey bar in historical downtown madison. The song is true — sometimes you just want to be where everybody knows your name, and at 1st Street Saloon, it truly feels like home. Nestled in the heart of historic downtown Madison, this cozy and inviting bar is a hidden gem where both locals and visitors gather to relax, enjoy, and make memories. Inside you’ll find a warm, welcoming atmosphere, while outside an expanded patio provides the perfect setting for games and good times. The property offers a variety of entertainment, including cornhole, darts, pool, and bowling, making it a top destination in downtown Madison. Just steps from the riverfront, this unique opportunity also includes a 2,015 sq. ft. second-floor single-family residence. Live where you work for maximum convenience, or lease the second floor unit for supplemental income. A rare chance to own a piece of Madison’s charm — combining business, home, and lifestyle in one.
  1. Listed by Scott Lynch • F.C. Tucker/Scott Lynch Group • 812-265-3122

Property Details for 313 East 1st Street

Architectural Style
TwoStory
Stories
2
Zoning
Residential,Historic Dist
LISTING UPDATED: 09/26/2025 11:05 AM

Property Details for 313 East 1st Street

StatusActive
MLS #2025011334
Days on Market85
Taxes$3,114 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Residential
Year Built1900
Lot Size0.16 AC / 6,969 SF
CountyJefferson County

Location

Listing Courtesy of F.C. Tucker/Scott Lynch Group
Add your commute

Building Information for 313 East 1st Street

Stories2Year Built1900Building Size-Lot Size0.16 AC / 6,969 SF

Payment Calculator

$3,966 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,706

Property Taxes

$260

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 313 East 1st Street

Summary
Location and General Information
  • Directions: Downtown Madison. South on Jefferson Street. Turn Left onto First Street. First Street Saloon is on your left.
  • State Or Province: IN
  • Township: Madison
  • Postal Code: 47250
  • City: Madison
  • County Or Parish: Jefferson_IN
  • Zoning Description: Residential,Historic District,Specialty District
  • MLS Area Major: Downtown
Taxes and HOA Information
  • Tax Annual Amount: $3,114.00
  • Tax Legal Description: Split 011-04015-00 Pt Lots 118 & 119 O T & Pt Ne 1/4 2-3-10 1720 sqft Pt Lot 119 202+ Jefferson Street
  • Parcel Number: 391302132035000007
School Information
  • Elementary School District: Madison Cons.
  • Middle Or Junior School District: Madison Cons.
  • High School District: Madison Cons.
Parking
  • Garage: No
Property
Lot Information
  • Above Grade Finished Area Source: Assessor
  • Below Grade Finished Area: 0.0
  • Above Grade Finished Area: 4030.0
  • Living Area: 4030.0
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6969.6
  • Lot Size Units: Acres
  • Lot Size Dimensions: 58x118
  • Building Area Source: Assessor
  • Building Area Total: 4030.0
Property and Assessments
  • Property Condition: Resale
  • Year Built: 1900
  • New Construction: No
Utilities
  • Water Source: Connected, Public
  • Sewer: PublicSewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick, Frame
  • Exterior Features: Patio
  • Patio And Porch Features: Patio
  • Roof: Rubber
  • Foundation Details: Slab
Interior Features
  • Basement: No
  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Cooling: Yes
  • Cooling: CentralAir
  • Fireplace: No
  • Bathrooms Full: 1
  • Bathrooms Half: 3
  • Bathrooms Total Integer: 4
  • Heating: Yes
  • Bedrooms Total: 1
  • Heating: ForcedAir
  • Levels: Two
  • Rooms Total: 0
Mobile Home
Mobile Home Information
  • Human Modified: Yes
Agent
Confidential
  • Internet Entire Listing Display: Yes
Rental
Rental Information
  • Occupant Type: Owner

Property History for 313 East 1st Street

DateEvent & SourcePriceAppreciation
Sep 25, 2025

Listed (Active)

Southern Indiana REALTORS® Association #2025011334

$750,000—
DateEvent & SourcePrice
09/25/2025

Listed (Active)

Southern Indiana REALTORS® Association #2025011334

$750,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 313 East 1st Street

Taxable ValueLand$5,000Additions-Total$5,000
Tax Record2024$150 ($12 / month)
Home Facts
Lot Size1,710 SqFtStyleCommercialCountyJEFFERSONAPN39-13-02-132-035.002-007

Schools near 313 East 1st Street

This home is within Madison Consolidated Schools.
Rating
School
Type
Grades
Distance
Lydia Middleton Elementary School
Public - PK to 4
E.O. Muncie Jr/Sr High School
Public - 7 to 12
Madison Consolidated High School
Public - 9 to 12
Anderson Elementary School
Public - PK to 4
Rating
School
Distance
Lydia Middleton Elementary School
PublicPK to 4

E.O. Muncie Jr/Sr High School
Public7 to 12

Madison Consolidated High School
Public9 to 12

Anderson 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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More information about 313 East 1st Street, Madison, IN 47250

313 East 1st Street is a single family home for sale in Madison, IN 47250. This property was listed for sale on September 25, 2025 by F.C. Tucker/Scott Lynch Group, it's currently listed at $750,000. This listing's school district is Madison Consolidated Schools. Nearby schools include Lydia Middleton Elementary School, E.O. Muncie Jr/Sr High School and Madison Consolidated High School. 313 East 1st Street is a 1-bed, 4-bath, 4,030 sqft single family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. 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.