Last Sold Price
3 beds1,238 sqft$77/sqft
628 W 3rd St, Madison, IN 47250

Description

Bring your vision and make this one your own! Located in the heart of historic downtown Madison, Indiana, this 2 bedroom, 1.5 bath one story home is full of potential and ready for your personal touch. The home offers a functional layout with all living spaces on one level. Whether you're an investor, DIY enthusiast, or buyer looking to customize your dream space, this property presents a great opportunity to build equity. A partial basement adds valuable storage or workspace options, while the prime...Bring your vision and make this one your own! Located in the heart of historic downtown Madison, Indiana, this 2 bedroom, 1.5 bath one story home is full of potential and ready for your personal touch. The home offers a functional layout with all living spaces on one level. Whether you're an investor, DIY enthusiast, or buyer looking to customize your dream space, this property presents a great opportunity to build equity. A partial basement adds valuable storage or workspace options, while the prime location puts you just steps from Madison’s charming shops, local dining, and scenic riverfront. There is access from Presbyterian Drive in the back for a possible garage. Taxes are at a 2% cap, if owner occupied the taxes would be $645. There are 2 fireplaces, neither are working. Great opportunity for investors or buyers looking for a project. Property is being sold in present condition and seller will make no repairs . With some updates and creativity, this property could truly shine!
LISTING CLOSED: 05/27/2026 12:00 AM

  1. Listed by Jim Pruett • eXp Realty, LLC • 812-274-0660

Property Details for 628 West 3rd Street

Status
MLS #
202607235
Days on Market
49
Taxes
$1,290 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Residential
Year Built
-
Lot Size
0.15 AC / 6,534 SF
Architectural Style
OneStory
Stories
1
Zoning
Residential

Location

Listing Courtesy of eXp Realty, LLC

Sold By Legacy Land Use & Realty

Add your commute

Building Information for 628 West 3rd Street

Stories1Year Built-Building Size-Lot Size0.15 AC / 6,534 SF

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$590 per month

30 year fixed, 6.55% Interest

Principal and Interest

$483

Property Taxes

$108

HOA Dues

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Property Information for 628 West 3rd Street

Summary
Location and General Information
  • Directions: From Cragmont turn East onto Third Street, then the home is on the left.
  • Longitude: -85.388324
  • State Or Province: IN
  • Township: Madison
  • Postal Code: 47250
  • City: Madison
  • County Or Parish: Jefferson_IN
  • Latitude: 38.739258
  • Zoning Description: Residential
  • MLS Area Major: Downtown
  • MLS Area Minor: 13-Indiana
Taxes and HOA Information
  • Tax Annual Amount: $1,290.00
  • Tax Legal Description: 011-02510-00 BEG ON N SIDE 3RD ST E OF CEM ST THENCE N 160FT TO PRESBY AVE E 22ST S 160FT ETC. 11-103.1-30 628 W Third St
  • Association: No
  • Parcel Number: 390834444033000007
Parking
  • Garage: No
  • Parking Features: On Street
  • Attached Garage: No
Property
Lot Information
  • Above Grade Finished Area Source: Assessor
  • Below Grade Finished Area: 0.0
  • Above Grade Finished Area: 1238.0
  • Living Area: 1238.0
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6534.0
  • Lot Size Units: Acres
  • Living Area Source: Appraiser
  • Building Area Source: Assessor
  • Building Area Total: 1238.0
Property and Assessments
  • Road Surface Type: Paved
  • Year Built: 1900
  • New Construction: No
Utilities
  • Water Source: Connected, Public
  • Sewer: PublicSewer
  • Utilities: Electricity Connected
Interior and Exterior Features
Exterior Features
  • Construction Materials: Frame
  • Exterior Features: Patio
  • Fencing: Other
  • Patio And Porch Features: Covered, Patio
  • Roof: Shingle
  • Foundation Details: Stone
Interior Features
  • Basement: Yes
  • Basement: CrawlSpace, Partial
  • Cooling: Yes
  • Cooling: CentralAir
  • Fireplace: Yes
  • Fireplaces Total: 2
  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 2
  • Heating: Yes
  • Bedrooms Total: 3
  • Heating: ForcedAir
  • Laundry Features: InBasement, LaundryRoom
  • Levels: One
  • Rooms Total: 8
  • Interior Features: MainLevelPrimary
Room Information
Room 1
  • Room Type: Bedroom
  • Room Dimensions: 10.5 x 12.7
  • Room Length: 12.7
  • Room Level: First
  • Room Width: 10.5
Room 2
  • Room Type: HalfBath
  • Room Level: First
Room 3
  • Room Type: FullBath
  • Room Level: First
Room 4
  • Room Type: DiningRoom
  • Room Description: utility room - in basement
  • Room Dimensions: 11.8 x 11.2
  • Room Length: 11.2
  • Room Level: First
  • Room Width: 11.8
  • Room Flooring: Wood
Room 5
  • Room Type: Bedroom
  • Room Description: fireplace
  • Room Dimensions: 15.2 x 14.10
  • Room Length: 14.1
  • Room Level: First
  • Room Width: 15.2
  • Room Flooring: Wood
Room 6
  • Room Type: PrimaryBedroom
  • Room Description: attached bathroom
  • Room Dimensions: 16 x 15.1
  • Room Length: 15.1
  • Room Level: First
  • Room Width: 16.0
Room 7
  • Room Type: Kitchen
  • Room Description: Has cellar
  • Room Dimensions: 15.5 x 7.9
  • Room Length: 7.9
  • Room Level: First
  • Room Width: 15.5
Room 8
  • Room Type: LivingRoom
  • Room Description: Fireplace
  • Room Dimensions: 14 x 15.3
  • Room Length: 15.3
  • Room Level: First
  • Room Width: 14.0
  • Room Flooring: Wood
Mobile Home
Mobile Home Information
  • Human Modified: Yes
Agent
Confidential
  • Internet Entire Listing Display: Yes
Rental
Rental Information
  • Lease Considered: No

Property History for 628 West 3rd Street

DateEvent & SourcePriceAppreciation
May 27, 2026

Sold

Southern Indiana REALTORS® Association #202607235

$95,000
May 27, 2026

Sold

Greater Louisville Association of REALTORS #1714717

$95,000
May 27, 2026

Sold

Southeastern Indiana Board of REALTORS #207231

$95,000
DateEvent & SourcePrice
05/27/2026

Sold

Southern Indiana REALTORS® Association #202607235

$95,000
05/27/2026

Sold

Greater Louisville Association of REALTORS #1714717

$95,000
05/27/2026

Sold

Southeastern Indiana Board of REALTORS #207231

$95,000

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

Public Records for 628 West 3rd Street

Taxable ValueLand$6,100Additions$58,400Total$64,500
Tax Record2025$1,290 ($108 / month)
Home Facts
Beds2Baths1.5Total Finished SqFt1,239 SqFtAbove Grade Finished SqFt1,239 SqFtUnfinished Basement SqFt620 SqFtStories1Lot Size6,400 SqFtStyleSingle Family ResidenceYear Built1900Year Renovated1900CountyJEFFERSONAPN39-08-34-444-033.000-007

Schools near 628 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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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 eXp Realty, LLC

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.