Sold
Last Sold Price
620 W 3rd St, Madison, IN 47250
Multi FamilyProperty Type
3,920 sq ftLot Size

Description

This property is a great investment opportunity for you in a tri-plex (3 units) in Historic Downtown Madison IndianaThis property is a great investment opportunity for you in a tri-plex (3 units) in Historic Downtown Madison Indiana
  • Listed by: Patrick Lynch • F.C. Tucker/Scott Lynch Group 812-265-3122
Listing closed: 09/18/2024 12:00 AM • Source: Southern Indiana REALTORS® Association, MLS#: 202407769

Recent comparable sales

Median sold price

$67,500

Avg days on market

67

Sale-to-list ratio

93.9%

Madison, IN

9 comparable properties found

$200,000 | 407 East 2nd Street, Madison, IN 47250
1/2
1

$200,000

Sold 01/27/25

Unavailable
Bedrooms
Unavailable
Bathrooms
3,312
Square Feet
Unavailable
Acres
$210,000 | 410 Clifty Drive, Madison, IN 47250
1/2
2

$210,000

Sold 03/09/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.99
Acres
$65,000 | 412 West Hentz Lane, Madison, IN 47250
1/6
3

$65,000

Sold 05/15/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.02
Acres
$49,000 | 0 Walnut Street, Madison, IN 47250
1/15
4

$49,000

Sold 02/09/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
8.57
Acres
$67,500 | 205 St Michaels Avenue, Madison, IN 47250
1/10
5

$67,500

Sold 08/26/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.07
Acres
$30,500 | 1007-1009 Park Avenue, Madison, IN 47250
1/15
6

$30,500

Sold 10/22/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.33
Acres
$90,000 | 1020 East 1st Street, Madison, IN 47250
1/4
7

$90,000

Sold 10/07/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.14
Acres
$65,000 | 1175 River Bluff Lake Drive, Madison, IN 47250
1/2
8

$65,000

Sold 06/16/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.73
Acres
$85,000 | 1420 East Scenic View Drive, Madison, IN 47250
1/2
9

$85,000

Sold 03/13/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.89
Acres

Location

Listing Courtesy of F.C. Tucker/Scott Lynch Group

Sold By F.C. Tucker/Scott Lynch Group

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Property Taxes

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Property Information for 620 West 3rd Street

Property Details
  • Taxes: $1,550 / year
  • MLS Type: Commercial Sale / Multi Family
Building Information
  • Residences: 3
  • Lot Size: 0.09 AC / 3,920 SF
Summary
Location and General Information
  • Directions: West Third Street in Downtown Madison
  • State Or Province: IN
  • Township: Madison
  • Postal Code: 47250
  • City: Madison
  • County Or Parish: Jefferson_IN
  • MLS Area Major: Downtown
Taxes and HOA Information
  • Tax Annual Amount: $1,550.00
  • Tax Legal Description: 011-02507-00 BEGON N SIDE 3RD ST .25 FT W OF 1ST ALLEY E OF CEM ST THENCE W 25F T&N SAME 160FT 11-103.1-27
  • Parcel Number: 390834444030000007
Property
Lot Information
  • Living Area: 0.0
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 3920.4
  • Lot Size Units: Acres
  • Lot Size Dimensions: 25x160
Property and Assessments
  • Current Use: MultiFamily
  • Property Condition: Resale
Mobile Home
Mobile Home Information
  • Human Modified: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Unit 1
  • Actual Rent: $800.00
Unit 2
  • Actual Rent: $900.00
Unit 3
  • Actual Rent: $700.00
Agent
Confidential
  • Internet Entire Listing Display: Yes
Rental
Rental Information
  • Occupant Type: Tenant

Property History for 620 West 3rd Street

DateEvent & SourcePriceAppreciation
Sep 18, 2024

Sold

Southern Indiana REALTORS® Association #202407769

$176,900
Aug 11, 2024

Pending

Southern Indiana REALTORS® Association #202407769

Jun 25, 2024

Price Change

Southern Indiana REALTORS® Association #202407769

$175,900
DateEvent & SourcePrice
09/18/2024

Sold

Southern Indiana REALTORS® Association #202407769

$176,900
08/11/2024

Pending

Southern Indiana REALTORS® Association #202407769

06/25/2024

Price Change

Southern Indiana REALTORS® Association #202407769

$175,900

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

Public Records for 620 West 3rd Street

Taxable ValueLand$3,800Additions$114,000Total$117,800
Tax Record2025$2,356 ($196 / month)
Home Facts
Baths3Total Finished SqFt1,671 SqFtAbove Grade Finished SqFt1,671 SqFtStories2Lot Size4,000 SqFtStyleTriplexYear Built1900Year Renovated1900CountyJEFFERSONAPN39-08-34-444-030.000-007

Schools near 620 West 3rd Street

This home is within Madison Consolidated Schools.
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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 620 West 3rd Street, Madison, IN 47250
$176,900
3,920
3
1
813
3,813
$100,000
2
1,816
4,356
2
2,354
7,840
$22,500
3
976
0
4,650

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.