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Sold for $425,000 on 10/16/25
  • $425,000

    208 Elm St, Madison, IN 47250

    5beds
    3,930sqft
    Triplex, Multi Family
    Built in 1870
    -- sqft lot
    $420,700 Zestimate®
    $108/sqft
    $1,304 Estimated rent

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    $1,304/mo

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    $1,304/mo

    Rent Zestimate®

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    $2,423/mo

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    $2,423/mo

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    What's special

    This unbelievable home in historic downtown Madison has never been on the market in over 70 Years! It is a remarkable building on the corner of Elm and First St in the prime location next door to the Historic Lanier Home! Listed in the historical books as a Greek Revival/Italianate built in 1870 it appears it's original address was 418 W First St. It was a single family residence for nearly 120 years. Much of the original doors, woodwork, staircases are still in place. Currently this home is a tri-plex with the front unit being approximately 1800 sq ft ,and the other 2 units in the rear approximately 1000 sq ft. The front unit is a 2-3 bedroom, 1.5 bath, 2 story unit and the others are 1 bedroom, 1 bath. All 3 units have their own laundry rooms, HVAC, Water heaters and electric meters. There is a small yard in the rear with a small garage/storage area. The exterior of the home has been renovated in the last couple years. Perfect for an investor or home owner wanting some passive income. Come visit downtown Madison to one of the great festivals, enjoy the river views and Best Main Street in the USA and schedule a showing today!

    Zillow last checked: 7 hours ago

    Listing updated: October 16, 2025 at 01:58pm

    Listed by:

    Robin Mingione,

    eXp Realty, LLC

    Bought with:

    Lisa Hammock, RB14047973

    F.C. Tucker/Scott Lynch Group

    Source: SIRA,MLS#: 2025011372MLS LogoOriginating MLS: Southern Indiana REALTORS Association

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Bedroom
    • Description: Unit 1- hardwood underneath,Flooring: Carpet
    • Level: Second
    Bedroom
    • Description: Unit 1,Flooring: Wood
    • Level: Second
    Bedroom
    • Description: Unit 3 - wood underneath,Flooring: Carpet
    • Level: Second
    Bedroom
    • Description: Unit 2,Flooring: Carpet
    • Level: First
    Other
    • Description: Unit 1,Flooring: Vinyl
    • Level: Second
    Other
    • Description: Unit 3,Flooring: Tile
    • Level: Second
    Other
    • Description: Unit 2,Flooring: Tile
    • Level: First
    Half bath
    • Description: Unit 1- basement access,Flooring: Vinyl
    • Level: First
    Kitchen
    • Description: Unit 1,Flooring: Vinyl
    • Level: First
    Kitchen
    • Description: Unit 3,Flooring: Tile
    • Level: Second
    Kitchen
    • Description: Unit 2,Flooring: Tile
    • Level: First
    Living room
    • Description: Unit 1 Living Room Entrance on 1st,Flooring: Wood
    • Level: First
    Living room
    • Description: Unit 3- upper level entrance on Elm,Flooring: Wood
    • Level: Second
    Living room
    • Description: Unit 2- lower level entrance on elm,Flooring: Carpet
    • Level: First
    Other
    • Description: Unit 1- Sunroom/Dining/Bedroom,Flooring: Other
    • Level: First
    Other
    • Description: Unit 1- Laundry,Flooring: Vinyl
    • Level: Second
    Other
    • Description: Unit 3- Laundry,Flooring: Vinyl
    • Level: Second
    Other
    • Description: Unit 2- Laundry- basement access,Flooring: Vinyl
    • Level: First
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Oven, Range, Refrigerator
    • Laundry: Main Level, Laundry Room
    Features
    • Ceiling Fan(s), Entrance Foyer, Eat-in Kitchen
    • Windows: Screens
    • Has basement: Yes
    • Has fireplace: No
    Interior area
    • Total structure area: 3,930
    • Total interior livable area: 3,930 sqft
    • Finished area above ground: 3,930
    • Finished area below ground: 0

    Property

    Parking
    • Details: On Street
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Patio, Porch
    • Exterior features: Porch, Patio
    • Has view: Yes
    • View description: Park/Greenbelt, River, Scenic
    • Has water view: Yes
    • Water view: River
    Lot
    • Size: 8,712 sqft
    • Features: Adjacent To Open Space, Corner Lot, Garden
    Details
    • Parcel number: 391302223015000007
    • Zoning: Residential,Historic Dist
    • Zoning description: Residential,Historic District,Multi Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Historic/Antique,Two Story
    • Property subtype: Triplex, Multi Family
    • Attached to another structure: Yes
    Materials
    • Brick
    • Foundation: Stone, Cellar
    • Roof: Shingle
    Condition
    • Resale
    • New construction: No
    • Year built: 1870

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Connected, Public

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Madison

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Paved