727 W Third, Madison
$459,000
7 Bedrooms
10 Baths
6684 Sq. Ft.
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  • Property Details
    • Property Type:Single Family
    • MLS#:2025010231
    • Status:Active
    • Sq. Feet:6684
    • On Site:4 Days
    • Lot Size:0.5 Acres
    • School System:N/A

    OPPORTUNITY at a scale an investor can appreciate. If you are wanting rental investments, why not acquire 7 units? Madison has maintained rentals in this classic set of tri-plexes for 150+ years, and the owners of this property have made necessary updates, but want to let YOU carry this one forward. If you are seeking funds toward rehabbing the buildings, at this location there are two separate parcels, and therefore you could receive two grants. There is potential for historic contributions on the grounds of this property being a part of the Underground Railroad. The history is alleged, and at this time the listing agent does not have documentation of this history. The sale of this Real Estate is to be AS-IS, but buyers are welcome to thorough inspections.

    Price History
    Price has not changed since being added to the site on 8/12/2025.
    Community Information
    Address:727 W Third
    County:Jefferson_In
    Neighborhood:Mcintiers Add
    State:IN
    City:Madison
    Zip Code:47250
    Architecture
    Bedrooms:7
    Bathrooms:7 Full / 3 Half
    Stories:2
    Year Built:1840
    Construction Materials: Brick
    Building Area: 6684.0
    Style:Historic/Antique, Two Story
    Property Features / Amenities
    Lot Size: 0.5 Acres
    Lot Size (Sq.Ft.): 21780
    Sewer: Public Sewer
    Water: Connected, Public
    Road Surface: Paved
    Zoning: Residential
    Fireplace Features: Decorative
    Other Structures: Shed(s)
    Exterior: Public Sidewalk
    Cooling: Central Air
    Heating: Forced Air
    Directions: From Madison's City Hall Head West on Main Street. Take a Right on Hwy 7/ Cragmont Street. Take a Right on Third Street, and the properties are on the Right.
    Tax and Financial Info
    Tax Annual Amount: $5, 522
    Terms: Cash, Conventional
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    Listing Information Last Updated 8/15/2025

    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 727 W Third Madison, IN 47250 with the MLS 2025010231 on FCTLynchGroup.com. The home at 727 W Third Madison, IN 47250 is currently for sale and features 7 bedrooms, 10 bathrooms, 6684 sq. ft. of living space, and is listed for sale at $459,000. 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 727 W Third Madison, IN 47250 which is MLS # 2025010231. The home has been listed on this site for 3 days and is found in the Mcintiers Add neighborhood.
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