Listing provided courtesy of eXp Realty- MLS# 207202
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Request Info513 West StreetMadison, IN 47250
Single Family · 10 Beds · 6 Full Baths · 2 Half Baths · 5,508 Sq. ft. | 0.51 Acres$1,375,000
Active
513 West Street Overview
- Time on Site:
- 83 days
- Visits:
- 3
Own a Piece of Historic Downtown Madison Discover a rare investment opportunity in the heart of downtown Madison. This versatile corner lot property features four beautifully maintained Airbnb units, offering both charm and strong income potential. The thoughtfully designed layout includes: Main Floor: Two spacious 2 bedroom, 1.5 bath units Upper Level: Two expansive 3 bedroom, 2 bath units Currently operating as a successful short-term rental, this property delivers excellent returns and comes as a true turnkey investment complete with future bookings and all furnishings included, allowing for a seamless transition. Endless Possibilities: Continue as a high performing Airbnb, Multi generational living setup, convert to condo-style rentals, Owner occupy one unit while renting the others. Recent Updates Include: complete rehab, all systems new. Perfectly positioned in a highly walkable downtown location, you're just steps from local boutiques, dining, and the scenic Ohio River.
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513 West Street Facts & Features
- Type Single Family
- Sq. ft. 5,508
- Price/Sq.ft. $250
- Lot 0.51 Acres
Details
General
Association/HOA
- Association: No
School Information
- School Name 1: Madison Consolidated
- School Name 2: Madison Consolidated
- School Type 1: Elementary School
- School Type 2: High School
Listing Information
- Auction: No
Building Information
- Age: 0
- New Construction: No
- Year Built: 1840
Location/Region
- County Or Parish: Jefferson
- Township: Madison
Tax Information
- Semi-Annual Taxes: 4004
General Information
- Historical Dist.: Yes
- Mfg.HomesAllowed: No
- Parcel Number: 39-13-02-212-005.005-007
- Property Sub Type: Single Family
- Property Type: Residential
- Subdivision: No
Interior
Building Information
- Gas: Natural
- Total Basement SF: 1167
- Water Heating: Gas
Parking Information
- Garage/Carport: None
- Garage: No
Beds/Baths
- Bathroom Level 1: Yes
- Bathrooms Full: 6
- Bathrooms Half: 2
- Bathrooms One Quarter: 0
- Bathrooms Three Quarter: 0
- Bathrooms Total: 8
- Bedrooms Total: 10
- Bedroom 2: 13.10x10 Level: 2
- Bedroom 3: 17x14.40 Level: 2
- Bedroom 4: 16.10x13.30 Level: 2
- Bedroom 5: 13.20x16.40 Level: 1
- Bedroom Level 1: Yes
- Bedroom2 Area: 131.0000
- Bedroom2 Dim: 13.10 x 10.00
- Bedroom2 Len: 13.10
- Bedroom2 Wid: 10.00
- Bedroom3 Area: 244.8000
- Bedroom3 Dim: 17.00 x 14.40
- Bedroom3 Len: 17.00
- Bedroom3 Wid: 14.40
- Bedroom4 Area: 214.1300
- Bedroom4 Dim: 16.10 x 13.30
- Bedroom4 Len: 16.10
- Bedroom4 Wid: 13.30
- Bedroom5 Area: 216.4800
- Bedroom5 Dim: 13.20 x 16.40
- Bedroom5 Len: 13.20
- Bedroom5 Wid: 16.40
- Master Bedroom: 14.40x15 Level: 1
- MasterBedroom Area: 216.0000
- MasterBedroom Dim: 14.40 x 15.00
- MasterBedroom Len: 14.40
- MasterBedroom Wid: 15.00
Building Interior
- Below Grade Finished Area: 0
- Building Area Total: 5508.00
General Information
- Cooling: Central Air
- Fireplace Features: Insert
- Foundation Details: Other
- Heating: Forced Air,Gas
- Laundry Level 1: Yes
- Levels: Two
- Living Area: 5508
- Rooms Total: 10
- Window Features: Other
Room Information
- Family Room: No
- Formal Dining Room: No
- Other Room 1: 14.40x15 Level: 1
- Other Room 2: 13.10x10 Level: 1
- Other Room 3: 17x14.40 Level: 2
- Other Room 4: 16.10x13.30 Level: 2
- Other Room 5: 13.20x16.40 Level: 2
- Other Room 6: 14.40x15 Level: 1
- OtherRoom1 Area: 216.0000
- OtherRoom1 Dim: 14.40 x 15.00
- OtherRoom1 Len: 14.40
- OtherRoom1 Wid: 15.00
- OtherRoom2 Area: 131.0000
- OtherRoom2 Dim: 13.10 x 10.00
- OtherRoom2 Len: 13.10
- OtherRoom2 Wid: 10.00
- OtherRoom3 Area: 244.8000
- OtherRoom3 Dim: 17.00 x 14.40
- OtherRoom3 Len: 17.00
- OtherRoom3 Wid: 14.40
- OtherRoom4 Area: 214.1300
- OtherRoom4 Dim: 16.10 x 13.30
- OtherRoom4 Len: 16.10
- OtherRoom4 Wid: 13.30
- OtherRoom5 Area: 216.4800
- OtherRoom5 Dim: 13.20 x 16.40
- OtherRoom5 Len: 13.20
- OtherRoom5 Wid: 16.40
- OtherRoom6 Area: 216.0000
- OtherRoom6 Dim: 14.40 x 15.00
- OtherRoom6 Len: 14.40
- OtherRoom6 Wid: 15.00
Exterior
Parking Information
- Parking Features: On Street
Lot Information
- Lot Measurement: Acres
- Lot Size Acres: 0.5100
- Lot Size Dimensions: odd
- Lot Size Square Feet: 22216.00
- Road Surface Type: Paved
- Tillable Acres: 0
- Water Source: Public
Waterfront/View
- Pond/Lake: No
- Waterfront: No
Building Exterior/Construction
- Architectural Style: Historical
- Construction Materials: Brick
- Driveway Type: None
- Fencing: No
- Roof: Shingle
General Information
- Sewer: Public Sewer
513 West Street Neighborhood
Community
47250 (Madison) Demographics
43
Median Age
106
Population Density (per sq. mile)
29%
College Educated
$49,462
Estimated Median Income
6,172
Estimated Total Home Owners
3,249
Estimated Total Renters
66% / 34%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.513 West Street Monthly Cost
513 West Street Market Data
Based on the last 30 days in this zip code
$382,709
Average List Price
$183
Average Price per Square Foot
0
Properties Sold
82
Average Days on Market
94
Properties for Sale
513 West Street History
| Date | Value | Agent |
|---|---|---|
| 4/8/2026Source: South Eastern Indiana MLS | April 08, 2026 |