318 Walnut St

Madison, IN 47250

$374,900
Price
2
Beds
1,926 Sq. Ft.
$195 / Sq. Ft.
1,926
Sq. Ft.
$195
per Sq. Ft.
Living room with hardwood floors and decorative fireplace
Living Room
Dining Room with hardwood floors and decorative fireplace
dining room
Kitchen
Kitchen
Kitchen
Kitchen
Powder room
Bedroom 1with decorative fireplace
Bedroom 1
Bedroom 2 with decorative fireplace
Bedroom 2
Full bathroom 2nd level
Finished attic space
Finished attic space
Finished attic space
Beautiful courtyard
Open Air covered patio
laundry in lower level
ample storage in lower level

Description

Historic Federal-Style Home in the Heart of Downtown Madison. Step into timeless elegance w/this beautifully preserved home, ideally located in downtown Madison, Indiana. Thoughtfully updated while honoring its original character, this residence offers the perfect blend of historic charm & modern comfort. The main level features a welcoming living room & dining room, accented by hardwood floors & decorative fireplaces, along w/a convenient powder room. The standout kitchen is both functional and...Historic Federal-Style Home in the Heart of Downtown Madison. Step into timeless elegance w/this beautifully preserved home, ideally located in downtown Madison, Indiana. Thoughtfully updated while honoring its original character, this residence offers the perfect blend of historic charm & modern comfort. The main level features a welcoming living room & dining room, accented by hardwood floors & decorative fireplaces, along w/a convenient powder room. The standout kitchen is both functional and striking, showcasing custom MI-HER cabinetry, granite countertops, a center island, tile flooring, stainless steel appliances, & stunning exposed brick walls & beams. From the kitchen, step directly into the open-air covered patio & private courtyard, creating a seamless indoor-outdoor flow ideal for entertaining or quiet relaxation. The second level offers two spacious bedrooms & a full bathroom featuring a classic clawfoot tub w/a wrap-around shower enclosure. The fully finished third level provides versatile flex space, perfect for a third bedroom, home office, studio, or creative retreat. Add'l features include four decorative fireplaces, a clean basement w/laundry & ample storage, & outdoor spaces. Every update has been tastefully completed to maintain the home’s historic integrity while enhancing everyday livability. A rare opportunity to own a piece of Madison’s history—just steps from shops, dining, and all the charm downtown has to offer.
  1. Listed by Scott Lynch • F.C. Tucker/Scott Lynch Group • 812-265-3122

Property Details for 318 Walnut Street

Architectural Style
HistoricAntique, ThreeStory
Community Features
Sidewalks
Zoning
Residential,Historic Dist
View
Yes
View
City
LISTING UPDATED: 01/23/2026 03:21 PM

Property Details for 318 Walnut Street

StatusActive
MLS #202605558
Days on Market12
Taxes$539 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Residential
Year Built1900
Lot Size0.03 AC / 1,306 SF
CountyJefferson County

Location

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

Building Information for 318 Walnut Street

Stories-Year Built1900Building Size-Lot Size0.03 AC / 1,306 SF

Payment Calculator

$1,872 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,827

Property Taxes

$45

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 318 Walnut Street

Summary
Location and General Information
  • Directions: GPS Friendly. Take Main Street East. Turn South on to Walnut street. Property on the left side.
  • State Or Province: IN
  • Township: Madison
  • Postal Code: 47250
  • City: Madison
  • County Or Parish: Jefferson_IN
  • Zoning Description: Residential,Historic District
  • MLS Area Major: Downtown
Taxes and HOA Information
  • Tax Annual Amount: $539.00
  • Tax Legal Description: n 011-03962-00 18 3/4 FT N SIDE LOT 68 O T 11-129-13 318 Walnut St
  • Parcel Number: 391302124045000007
School Information
  • Elementary School District: Madison Cons.
  • Middle Or Junior School District: Madison Cons.
  • High School District: Madison Cons.
Parking
  • Garage: No
  • Parking Features: NoGarage
  • Other Parking: On Street
Property
Lot Information
  • Above Grade Finished Area Source: Owner
  • Below Grade Finished Area: 0.0
  • Above Grade Finished Area: 1926.0
  • Living Area: 1926.0
  • Lot Size Acres: 0.03
  • Lot Size Area: 0.03
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 1306.8
  • Lot Size Units: Acres
  • Building Area Source: Owner
  • Building Area Total: 1926.0
Property and Assessments
  • Road Surface Type: Paved
  • 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: Fence
  • Fencing: YardFenced
  • Roof: Shingle
  • Foundation Details: Stone
Interior Features
  • Basement: Yes
  • Appliances: Dryer, Microwave, Oven, Range, Refrigerator, WaterSoftener, Washer
  • Basement: Unfinished
  • Cooling: Yes
  • Cooling: CentralAir
  • Fireplace: Yes
  • Fireplace Features: Decorative
  • Fireplaces Total: 4
  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 2
  • Heating: Yes
  • Bedrooms Total: 2
  • Heating: ForcedAir
  • Laundry Features: InBasement, Other
  • Levels: ThreeOrMore
  • Rooms Total: 8
  • Interior Features: BreakfastBar, CeilingFans, SeparateFormalDiningRoom, EatInKitchen, KitchenIsland
Room Information
Room 1
  • Room Type: Other
  • Room Description: Covered patio
  • Room Dimensions: 12 x 8
  • Room Length: 8.0
  • Room Level: First
  • Room Width: 12.0
Room 2
  • Room Type: Other
  • Room Description: Utility Area
  • Room Dimensions: 8 x 8
  • Room Length: 8.0
  • Room Level: Lower
  • Room Width: 8.0
Room 3
  • Room Type: Other
  • Room Description: flex space: potential 3rd bedroom/office/studio
  • Room Dimensions: 28.6 x 15.3
  • Room Length: 15.3
  • Room Level: Third
  • Room Width: 28.6
  • Room Flooring: Wood
Room 4
  • Room Type: Bedroom
  • Room Description: with decorative fireplace
  • Room Dimensions: 15.0 x 13.6
  • Room Length: 13.6
  • Room Level: Second
  • Room Width: 15.0
  • Room Flooring: Laminate
Room 5
  • Room Type: Bedroom
  • Room Description: with decorative fireplace
  • Room Dimensions: 14.2 x 9.6
  • Room Length: 9.6
  • Room Level: Second
  • Room Width: 14.2
  • Room Flooring: Wood
Room 6
  • Room Type: Kitchen
  • Room Dimensions: 16.3 x 12.2
  • Room Length: 12.2
  • Room Level: First
  • Room Width: 16.3
  • Room Flooring: Tile
Room 7
  • Room Type: DiningRoom
  • Room Description: with decorative fireplace
  • Room Dimensions: 15.3 x 14
  • Room Length: 14.0
  • Room Level: First
  • Room Width: 15.3
  • Room Flooring: Wood
Room 8
  • Room Type: LivingRoom
  • Room Description: with decorative fireplace
  • Room Dimensions: 15.2 x 13.10
  • Room Length: 13.1
  • Room Level: First
  • Room Width: 15.2
  • Room Flooring: Wood
Mobile Home
Mobile Home Information
  • Human Modified: Yes
Agent
Confidential
  • Internet Entire Listing Display: Yes
Rental
Rental Information
  • Lease Considered: No
  • Occupant Type: Owner

Property History for 318 Walnut Street

DateEvent & SourcePriceAppreciation
Jan 21, 2026

Listed (Active)

Southern Indiana REALTORS® Association #202605558

$374,900—
Aug 29, 2014

Sold

Southern Indiana REALTORS® Association #J20130240

$90,750—
Jul 26, 2014

Pending

Southern Indiana REALTORS® Association #J20130240

—
Apr 24, 2013

Listed (Active)

Southern Indiana REALTORS® Association #J20130240

$119,900—
Jan 10, 2001

Sold

Southern Indiana REALTORS® Association #J1050416

$70,000—
Feb 7, 2000

Listed (Active)

Southern Indiana REALTORS® Association #J1050416

$87,900—
DateEvent & SourcePrice
01/21/2026

Listed (Active)

Southern Indiana REALTORS® Association #202605558

$374,900
08/29/2014

Sold

Southern Indiana REALTORS® Association #J20130240

$90,750
07/26/2014

Pending

Southern Indiana REALTORS® Association #J20130240

—
04/24/2013

Listed (Active)

Southern Indiana REALTORS® Association #J20130240

$119,900
01/10/2001

Sold

Southern Indiana REALTORS® Association #J1050416

$70,000
02/07/2000

Listed (Active)

Southern Indiana REALTORS® Association #J1050416

$87,900

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

Public Records for 318 Walnut Street

Taxable ValueLand$2,000Additions$116,600Total$118,600
Tax Record2024$539 ($45 / month)
Home Facts
Beds2Baths1Total Finished SqFt1,362 SqFtAbove Grade Finished SqFt1,362 SqFtStories2Lot Size1,512 SqFtStyleSingle Family ResidenceYear Built1900CountyJEFFERSONAPN39-13-02-124-045.000-007

Schools near 318 Walnut 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 318 Walnut Street, Madison, IN 47250

318 Walnut Street is a single family home for sale in Madison, IN 47250. This property was listed for sale on January 21, 2026 by F.C. Tucker/Scott Lynch Group, it's currently listed at $374,900. It has been on the market for a total of 12 days and was last sold on August 29, 2014. 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. 318 Walnut Street is a 2-bed, 2-bath, 1,926 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.