422 E 2nd St

Madison, IN 47250

$240,000
Last Sold Price
4
Beds
3,716 Sq. Ft.
$65 / Sq. Ft.
3,716
Sq. Ft.
$65
per Sq. Ft.
Closed 12/18/25
Closed 12/18/25

Description

Endless Possibilities in the Heart of Historic Downtown Madison! This versatile 4 unit, 2 story building is a rare opportunity for investors or visionary homeowners. Currently configured as four apartment units, the property offers a range of optionsmaintain it as a 4 unit rental, reimagine it as three apartments and two efficiencies, convert it into two charming single-family homes, or create a unique blend such as a primary residence on one side with short-term rentals on the other. Original trim...Endless Possibilities in the Heart of Historic Downtown Madison! This versatile 4 unit, 2 story building is a rare opportunity for investors or visionary homeowners. Currently configured as four apartment units, the property offers a range of optionsmaintain it as a 4 unit rental, reimagine it as three apartments and two efficiencies, convert it into two charming single-family homes, or create a unique blend such as a primary residence on one side with short-term rentals on the other. Original trim can be found throughout property. Located in a prime downtown location, this property combines character, convenience, and exceptional potential for income or multi-generational living. There are 5 electric meters, 2 water meters and 2 meters for gas hookup if potential buyer would want gas. Property was recently inspected and no major defects were found. Tenants are month to month, 3 units are $650/mth, other unit is $460/mth.
  1. Listed by Jim Pruett • Exp Realty

Property Details for 422 East 2nd Street

Zoning
Residential
Directions
From Jefferson Street, head East on Second. Property will be located on the right at the corner of Second and East Street.
Water Frontage
0.0
LISTING UPDATED: 12/18/2025 02:13 PM

Property Details for 422 East 2nd Street

StatusClosed
MLS #204972
Days on Market171
Taxes$3,156 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built1840
Lot Size0.11 AC / 4,835 SF
CountyJefferson County

Location

Listing Courtesy of Exp Realty

Sold By Exp Realty

Add your commute

Building Information for 422 East 2nd Street

Stories-Year Built1840Building Size-Lot Size0.11 AC / 4,835 SF

Payment Calculator

$1,433 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,170

Property Taxes

$263

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 422 East 2nd Street

Summary
Location and General Information
  • County: Jefferson
  • City: Madison
  • State: IN
  • ZIP: 47250
  • Longitude: .00
  • Latitude: .00
  • Township: Madison
  • Subdivision Y/N: No
Taxes and HOA
  • Semi-Annual Taxes: 1578
  • Tax Exemptions: None
  • Parcel ID: 39-13-02-131-058.000-007
  • HOA Yes/No: No
School Information
  • School District: Madison Consolidated
  • School Name 1: Lydia Middleton Elem
  • School Name 2: Madison Consolidated
  • School Type 1: Elementary School
  • School Type 2: High School
Parking
  • Garage Spaces: .00
  • Garage Y/N: No
  • Garage/Carport: None
  • Carport Spaces: .00
  • Driveway Type: None
  • Easements: None
  • Parking: On Street
Property
Lot Information
  • Acres: 0.111
  • Above Grade Fin SF: 3716.0
  • Other Acres: 0.0
  • Tillable Acres: 0.0
  • Pastured Acres: 0.0
  • Wooded Acres: 0.0
  • Lot Dimensions: odd
  • Lot Measurement: Acres
  • Lot Square Footage: 4835.0
  • Square Footage: 3716.0
  • Price Per Acre: $.00
  • Price Per Square Foot: $.00
  • Total Basement SF: 0.0
  • Total Finished SF: 3716.0
  • Foundation: Stone
  • Below Grade Fin SF: 0.0
Property and Assessments
  • Property Subtype 1: Single Family
  • Property Type: Residential
  • Property Disclaimer: Information has not been verified, is not guaranteed and subject to change.
  • Picture Count: 55
  • Road Frontage: 0.0
  • Year Renovated: 0.0
  • Financing: Conventional
  • Year Built: 1840
  • Single Family Type: Single Family Detach
  • Auction: No
  • Age: 0
  • Bath Lvl 1 Type: Full
  • Construction: Brick
  • Architecture: Federal
  • Complete Renovation: No
  • Type of Home: Stick Built
  • FIPS Code: 77
  • MfgHomesAllowed Y/N: No
  • New Construction: No
  • Possession: Tenant Rights
  • Through Payable Year: 0.0
  • Road Surface: Paved
  • Steps To Bldg Door: 0.0
  • Special Listing Cond: None
  • Steps To Unit Door: 0.0
  • HERS Rating (RESNET): 0.0
  • Historical Dist Y/N: Yes
  • Validated: Yes
Utilities
  • Gas: Natural
  • Sewer: Public Sewer
  • Waterfront Y/N: No
  • Water Source: Public
  • Pond/Lake Y/N: No
Interior and Exterior Features
Exterior Features
  • Levels: Two
  • Levels In Building: 0
  • Fencing Y/N: No
  • PUD Y/N: No
  • Pool Y/N: No
Interior Features
  • Fireplaces: 0
  • Roof: Shingle
  • Basement: Partial
  • Basement Y/N: Yes
  • Water Heating: Electric
  • StudyOffice Area: 0.0
  • StudyOffice Dim: 0.00 x 0.00
  • StudyOffice Len: 0.0
  • StudyOffice Wid: 0.0
  • Interior Walls: Drywall
  • Cooling: Window Unit
  • Heating: Baseboard, Radiant Floor
  • Windows: Other
Room Information
Additional Room Information
  • Total Rooms: 13
  • OtherRoom1 Area: 307.58
  • OtherRoom1 Dim: 18.20 x 16.90
  • OtherRoom1 Len: 18.2
  • OtherRoom1 Wid: 16.9
  • Other Room 1: 18.20x16.90 Level: 1
  • OtherRoom2 Area: 163.56
  • OtherRoom2 Dim: 14.10 x 11.60
  • OtherRoom2 Len: 14.1
  • OtherRoom2 Wid: 11.6
  • Other Room 2: 14.10x11.60 Level: 1
  • OtherRoom3 Area: 331.24
  • OtherRoom3 Dim: 18.20 x 18.20
  • OtherRoom3 Len: 18.2
  • OtherRoom3 Wid: 18.2
  • Other Room 3: 18.20x18.20 Level: 2
  • OtherRoom4 Area: 132.0
  • OtherRoom4 Dim: 12.00 x 11.00
  • OtherRoom4 Len: 12.0
  • OtherRoom4 Wid: 11.0
  • Other Room 4: 12x11 Level: 2
  • OtherRoom5 Area: 204.24
  • OtherRoom5 Dim: 14.80 x 13.80
  • OtherRoom5 Len: 14.8
  • OtherRoom5 Wid: 13.8
  • Other Room 5: 14.80x13.80 Level: 2
  • OtherRoom6 Area: 162.4
  • OtherRoom6 Dim: 14.00 x 11.60
  • OtherRoom6 Len: 14.0
  • OtherRoom6 Wid: 11.6
  • Other Room 6: 14x11.60 Level: 2
  • OtherRoom7 Area: 0.0
  • OtherRoom7 Dim: 0.00 x 0.00
  • OtherRoom7 Len: 0.0
  • OtherRoom7 Wid: 0.0
  • OtherRoom8 Area: 0.0
  • OtherRoom8 Dim: 0.00 x 0.00
  • OtherRoom8 Len: 0.0
  • OtherRoom8 Wid: 0.0
  • OtherRoom9 Area: 0.0
  • OtherRoom9 Dim: 0.00 x 0.00
  • OtherRoom9 Len: 0.0
  • OtherRoom9 Wid: 0.0
  • OtherRoom10 Area: 0.0
  • OtherRoom10 Dim: 0.00 x 0.00
  • OtherRoom10 Len: 0.0
  • OtherRoom10 Wid: 0.0
Entry Room Information
  • Entry Area: 0.0
Breakfast Room Information
  • BreakfastRoom Area: 0.0
  • BreakfastRoom Dim: 0.00 x 0.00
  • BreakfastRoom Len: 0.0
  • BreakfastRoom Wid: 0.0
Master Bedroom Information
  • Master Bedroom: 18.70x13.10 Level: 1
  • MasterBedroom Area: 244.97
  • MasterBedroom Dim: 18.70 x 13.10
  • MasterBedroom Len: 18.7
  • MasterBedroom Wid: 13.1
Bedroom Information
  • Bedroom Level 1: Yes
  • Bedroom2 Area: 211.28
  • Bedroom2 Dim: 15.20 x 13.90
  • Bedroom2 Len: 15.2
  • Bedroom2 Wid: 13.9
  • Bedroom 2: 15.20x13.90 Level: 1
  • Bedroom3 Area: 244.97
  • Bedroom3 Dim: 18.70 x 13.10
  • Bedroom3 Len: 18.7
  • Bedroom3 Wid: 13.1
  • Bedroom 3: 18.70x13.10 Level: 2
  • Bedroom4 Area: 198.72
  • Bedroom4 Dim: 18.40 x 10.80
  • Bedroom4 Len: 18.4
  • Bedroom4 Wid: 10.8
  • Bedroom 4: 18.40x10.80 Level: 2
  • Bedroom5 Area: 0.0
  • Bedroom5 Dim: 0.00 x 0.00
  • Bedroom5 Len: 0.0
  • Bedroom5 Wid: 0.0
  • Bedroom 5: 0x0 Level:
  • Bedrooms: 4
Bathrooms Information
  • Bathrooms: 5
  • Full Bathrooms: 5
  • Half Bathrooms: 0
  • Quarter Bathrooms: 0
  • Bathroom Level 1: Yes
  • Three Quarter Bathrooms: 0
  • Bath 1 Level: 1
  • Bath 2 Level: 1
  • Bath 3 Level: 2
  • Bath 4 Level: 2
  • Bath 1: Full
  • Bath 2: Full
  • Bath 3: Full
  • Bath 4: Full
Dining Room
  • DiningRoom Area: 244.97
  • DiningRoom Dim: 18.70 x 13.10
  • DiningRoom Len: 18.7
  • DiningRoom Wid: 13.1
  • Dining Room: 18.70x13.10 Level: 1
  • Formal Dining Room: Yes
Sun Room
  • SunRoom Area: 0.0
  • SunRoom Dim: 0.00 x 0.00
  • SunRoom Len: 0.0
  • SunRoom Wid: 0.0
Laundry Room
  • Laundry Room: 11.80x6.10 Level: 2
  • Laundry Level 1: No
  • LaundryRoom Area: 71.98
  • LaundryRoom Dim: 11.80 x 6.10
  • LaundryRoom Len: 11.8
  • LaundryRoom Wid: 6.1
Kitchen Room
  • Kitchen Area: 132.0
  • Kitchen Dim: 12.00 x 11.00
  • Kitchen Len: 12.0
  • Kitchen Wid: 11.0
  • Kitchen: 12x11 Level: 1
Living Room
  • Living Room: 18.80x18.30 Level: 1
  • LivingRoom Area: 344.04
  • LivingRoom Dim: 18.80 x 18.30
  • LivingRoom Len: 18.8
  • LivingRoom Wid: 18.3
Mud Room
  • MudRoom Area: 0.0
  • MudRoom Dim: 0.00 x 0.00
  • MudRoom Len: 0.0
  • MudRoom Wid: 0.0
Family Room
  • Family Room: No
  • FamilyRoom Area: 0.0
  • FamilyRoom Dim: 0.00 x 0.00
  • FamilyRoom Len: 0.0
  • FamilyRoom Wid: 0.0
Great Room
  • GreatRoom Area: 0.0
  • GreatRoom Dim: 0.00 x 0.00
  • GreatRoom Len: 0.0
  • GreatRoom Wid: 0.0
Recreation Room
  • RecreationRoom Area: 0.0
  • RecreationRoom Dim: 0.00 x 0.00
  • RecreationRoom Len: 0.0
  • RecreationRoom Wid: 0.0
Rental
Rental Information
  • Lease Type: Net
  • Available for Lease: No

Property History for 422 East 2nd Street

DateEvent & SourcePriceAppreciation
Dec 18, 2025

Sold

Southeastern Indiana Board of REALTORS #204972

$240,000—
Nov 17, 2025

Pending

Southeastern Indiana Board of REALTORS #204972

—
May 2, 2025

Listed (Active)

Southeastern Indiana Board of REALTORS #204972

$325,000—
Apr 23, 2003

Expired

Southern Indiana REALTORS® Association #J2003044

$119,900—
Jan 22, 2003

Listed (Active)

Southern Indiana REALTORS® Association #J2003044

$119,900—
DateEvent & SourcePrice
12/18/2025

Sold

Southeastern Indiana Board of REALTORS #204972

$240,000
11/17/2025

Pending

Southeastern Indiana Board of REALTORS #204972

—
05/02/2025

Listed (Active)

Southeastern Indiana Board of REALTORS #204972

$325,000
04/23/2003

Expired

Southern Indiana REALTORS® Association #J2003044

$119,900
01/22/2003

Listed (Active)

Southern Indiana REALTORS® Association #J2003044

$119,900

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

Schools near 422 East 2nd 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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Listing Courtesy of Exp Realty

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.