422-424 E Second St, Madison
$325,000
4 Bedrooms
5 Baths
3716 Sq. Ft.
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  • Property Details
    • Property Type:Single Family
    • MLS#:202507646
    • Status:Active
    • Sq. Feet:3716
    • On Site:2 Days
    • Lot Size:0.11 Acres
    • School System:N/A

    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 options maintain 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.

    Price History
    Price has not changed since being added to the site on 6/30/2025.
    Community Information
    Address:422-424 E Second St
    County:Jefferson_In
    Neighborhood:N/A
    State:IN
    City:Madison
    Zip Code:47250
    Architecture
    Bedrooms:4
    Bathrooms:5
    Stories:2
    Year Built:1840
    Building Area: 3716.0
    Style:Historic/Antique, Two Story
    Rooms
    SizeLevel
    Living Room18.3 x 18.8First
    Dining Room13.10 x 18.7First
    Kitchen11 x 12First
    Full BathFirst
    Living Room16.9 x 18.2First
    Dining Room13.9 x 15.2First
    Kitchen11.6 x 14.1First
    Full BathFirst
    Living Room18.2 x 18.2Second
    Dining Room13.10 x 18.7Second
    Kitchen11 x 12Second
    Full BathSecond
    Living Room13.8 x 14.8Second
    Kitchen11.6 x 14Second
    Bedroom10.8 x 18.4Second
    Other6.1 x 11.8Second
    Full BathSecond
    Property Features / Amenities
    Lot Size: 0.11 Acres
    Lot Size (Sq.Ft.): 4835.16
    Sewer: Public Sewer
    Water: Connected, Public
    Road Surface: Paved
    Zoning: Residential,Historic Dist
    Appliances: Oven, Range, Refrigerator
    Basement: Unfinished
    Cooling: Window Unit(s), Wall/Window Unit(s)
    Heating: Baseboard, Radiant
    Total Rooms: 17
    Directions: From Jefferson Street, head East on Second. Property will be located on the right at the corner of Second and East Street.
    Tax and Financial Info
    Tax Annual Amount: $3, 156
    Terms: Cash, Conventional
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    Listing Information Last Updated 7/1/2025

    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker/Scott Lynch Group are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

    The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.

    FC Tucker Lynch Group

    FC Tucker Lynch Group

    (812) 265-3122
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    Home for sale at 422-424 E Second St Madison, IN 47250 with the MLS 202507646 on FCTLynchGroup.com. The home at 422-424 E Second St Madison, IN 47250 is currently for sale and features 4 bedrooms, 5 bathrooms, 3716 sq. ft. of living space, and is listed for sale at $325,000. You can search Indianapolis area properties for a home, a house, a condo, or a patio home to find real estate in Indianapolis, IN. You are viewing the official Indianapolis MLS listing details of the home for sale at 422-424 E Second St Madison, IN 47250 which is MLS # 202507646. The home has been listed on this site for 1 days and is found in the neighborhood.
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