225 E Main Street, Madison, IN 47250
Jefferson_IN County
Key Facts
Description
Located in the heart of downtown Madison on Main Street, this versatile three-story building offers 2,745 sq ft and endless possibilities. The main floor is currently operating as a t-shirt shop, but the space could easily accommodate a variety of retail, office, or service-based businesses. The upper floors provide excellent rental or residential potential. The second floor offers additional usable space, while the third floor is unfinished and ready for a buyer to customize to fit their needs. With the option to live and work in the same building or generate additional rental income, this property presents a unique investment opportunity. Situated on Main Street in Madison IN with high foot and vehicle traffic, you’ll be just steps away from popular restaurants, shops, wineries, and local attractions. A prime location with incredible potential in one of southern Indiana’s most charming historic downtowns.
Property Information
Property Type
Commercial Sale
Sub-Type
Retail
Year Built
1900
Living Area
2,745 sq ft
Lot Size
0.03 acres
Days on Market
1
MLS® Listing#
202608094
Property Features
Construction
Financial Details
Annual Taxes
$2,385
Parcel Number
391302214017000007
Directions
Property located on the north side of Main Street between Jefferson Street and Mulberry Street
Affordability Calculator
$55,000
Estimated monthly payment
$1,464/mo
Principal $220,000 · Est. interest $306,920 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Madison, IN
- $323,077
- Median Listing Price
- 66
- Median Days on Market
- 1,686
- Median Sq Ft
- $180
- Median Price / Sq Ft
- 90
- Active Listings
- This home’s price is 15% below the area median.
- Its price per sq ft is 44% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Madison, IN.
Location
Points of Interest in Madison, IN
Showing the Madison area map.
Nearby Schools
Lydia Middleton Elementary School
Elementary · 0.6 mi away
Madison Juvenile Corr Fac
School · 1.5 mi away
Shawe Memorial and Pope John XXIII Schools
School · 1.6 mi away
Shawe Memorial High School
Secondary · 1.6 mi away
Pope John XXIII Elementary School
Elementary · 1.6 mi away
E.O. Muncie Elementary School
Elementary · 2.3 mi away
Anderson Elementary School
Elementary · 2.4 mi away
Grace Baptist Church
School · 2.6 mi away
Madison High School
Secondary · 2.9 mi away
Madison Consolidated Schools
Elementary · 2.9 mi away
Milton Elementary School
Elementary · 3.2 mi away
Faith Lutheran Church
Elementary · 3.3 mi away
Christian Academy of Madison
School · 3.5 mi away
Rykers' Ridge Elementary School
Elementary · 3.5 mi away
Southwestern High School
Secondary · 5.4 mi away
Southwestern Jefferson County Schools
School · 5.5 mi away
Southwestern Elementary School
Elementary · 5.5 mi away
Bedford Elementary School
Elementary · 9.1 mi away
Trimble County High School
Secondary · 9.3 mi away
Carroll County Middle School
Secondary · 11.4 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 7132 W SR 256, Madison, IN | $199,000 | 2 | 1 | 904 |
| 512 E Main Street 1, Madison, IN | $199,900 | 1 | 1 | 1,040 |
| 3560 N Quail Drive, Madison, IN | $205,000 | 3 | 2 | 1,232 |
| 1202 Esplano Drive, Madison, IN | $209,900 | 3 | 1 | 1,350 |
| 2930 Kentucky Avenue, Madison, IN | $209,900 | 3 | 2 | 1,094 |
| 715 walnut Street, Madison, IN | $215,000 | 2 | 2 | 1,344 |
Moving Cost Estimate
EXIT Agents in Madison
Listing Courtesy: F.C. Tucker/Scott Lynch Group - 812-265-3122
Last Updated: 2026-05-06