316 W Main St

$369,900
Price
1
Bed
6,337 Sq. Ft.
$58 / Sq. Ft.
6,337
Sq. Ft.
$58
per Sq. Ft.

Description

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...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.
  1. Listed by Tony Bilz • F.C. Tucker/Scott Lynch Group • 812-265-3122

Property Details for 316 West Main Street

Architectural Style
ThreeStory
Zoning
Commercial
LISTING UPDATED: 11/20/2025 10:54 AM

Property Details for 316 West Main Street

StatusActive
MLS #2025012697
Days on Market24
Taxes$3,228 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Residential
Year Built1934
Lot Size0.08 AC / 3,484 SF
CountyJefferson County

Location

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

Building Information for 316 West Main Street

Stories-Year Built1934Building Size-Lot Size0.08 AC / 3,484 SF

Payment Calculator

$2,097 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,828

Property Taxes

$269

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 316 West Main Street

Summary
Location and General Information
  • Directions: North side of West Main Street
  • State Or Province: IN
  • Township: Madison
  • Postal Code: 47250
  • City: Madison
  • County Or Parish: Jefferson_IN
  • Zoning Description: Commercial
  • MLS Area Major: Downtown
Taxes and HOA Information
  • Tax Annual Amount: $3,228.00
  • Tax Legal Description: 011-03253-00 20 BY 165 FT LOTS 33 & 34 1ST ADD W 11-117-74
  • Association: No
  • Parcel Number: 391302221035000007
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: 6337.0
  • Living Area: 6337.0
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 3484.8
  • Lot Size Units: Acres
  • Building Area Source: Assessor
  • Building Area Total: 6337.0
Property and Assessments
  • Road Surface Type: Paved
  • Property Condition: Resale
  • Year Built: 1934
  • New Construction: No
Utilities
  • Water Source: Connected, Public
  • Sewer: PublicSewer
Interior and Exterior Features
Interior Features
  • Basement: No
  • Appliances: Oven, Range, Refrigerator
  • Cooling: Yes
  • Cooling: WindowUnits, WallWindowUnits
  • Fireplace: No
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 1
  • Heating: Yes
  • Bedrooms Total: 1
  • Heating: ForcedAir
  • Levels: ThreeOrMore
  • Rooms Total: 3
Room Information
Room 1
  • Room Type: Bedroom
  • Room Dimensions: 21.7 x 19.6
  • Room Length: 19.6
  • Room Level: Third
  • Room Width: 21.7
Room 2
  • Room Type: Kitchen
  • Room Dimensions: 15.8 x 19
  • Room Length: 19.0
  • Room Level: Third
  • Room Width: 15.8
Room 3
  • Room Type: LivingRoom
  • Room Dimensions: 21.7 x 19
  • Room Length: 19.0
  • Room Level: Third
  • Room Width: 21.7
Mobile Home
Mobile Home Information
  • Human Modified: Yes
Agent
Confidential
  • Internet Entire Listing Display: Yes

Property History for 316 West Main Street

DateEvent & SourcePriceAppreciation
Nov 19, 2025

Listed (Active)

Southern Indiana REALTORS® Association #2025012697

$369,900
Oct 31, 2025

Expired

Southern Indiana REALTORS® Association #202506323

$369,900
Mar 12, 2025

Listed (Active)

Southern Indiana REALTORS® Association #202506323

$369,900
DateEvent & SourcePrice
11/19/2025

Listed (Active)

Southern Indiana REALTORS® Association #2025012697

$369,900
10/31/2025

Expired

Southern Indiana REALTORS® Association #202506323

$369,900
03/12/2025

Listed (Active)

Southern Indiana REALTORS® Association #202506323

$369,900

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

Public Records for 316 West Main Street

Taxable ValueLand$16,300Additions$91,300Total$107,600
Tax Record2024$3,228 ($269 / month)
Home Facts
Total Finished SqFt7,220 SqFtAbove Grade Finished SqFt7,220 SqFtStories3Lot Size3,360 SqFtStyleMiscellaneous CommercialYear Built1900CountyJEFFERSONAPN39-13-02-221-035.000-007

Schools near 316 West Main Street

This home is within Madison Consolidated Schools.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 7 to 12
Public - 9 to 12
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.

Similar Homes

Similar Sold Homes

316 West Main Street is a single family home for sale in Madison, IN 47250. This property was listed for sale on November 19, 2025 by F.C. Tucker/Scott Lynch Group, it's currently listed at $369,900. 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. 316 West Main Street is a 1-bed, 1-bath, 6,337 sqft single family home built in 1934.

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.