Built in 2023, this stunning 1,330 sq ft modern home perfectly blends contemporary comfort with the charm of downtown living. Located in the heart of Madison’s historic district, you’ll enjoy being just steps from boutique shops, local restaurants, wineries, and the city’s beloved festivals and year-round events. This newer construction features a bright, open-concept floor plan filled with natural light—ideal for both everyday living and entertaining. The spacious main-level living areas flow seamlessly, creating a welcoming and airy atmosphere. The primary suite is a private retreat, complete with a beautiful hand painted mural, a generous walk-in closet, spa-like bath featuring a walk-in shower and soaking tub, and your own private balcony looking over the back yard—perfect for morning coffee or unwinding in the evening. Forget the hassle of downtown parking—this property offers convenient off-street parking for added ease and accessibility. With modern amenities, thoughtful design, and an unbeatable location, this home truly is a must-see!
For sale
Price cut: $2K (5/15)
$292,900
718 W Third Street, Madison, IN 47250
2beds
1,330sqft
Est.:
Single Family Residence
Built in 2023
3,201.66 Square Feet Lot
$286,700 Zestimate®
$220/sqft
$-- HOA
What's special
Modern amenitiesConvenient off-street parkingThoughtful designWelcoming and airy atmosphereGenerous walk-in closetBeautiful hand painted mural
- 86 days |
- 664 |
- 31 |
Zillow last checked:
Listing updated:
Listed by:
Christi Sauley-Kernen,
F.C. Tucker/Scott Lynch Group
Source: SIRA,MLS#: 202605866
Originating MLS: Southern Indiana REALTORS Association
Originating MLS: Southern Indiana REALTORS AssociationTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Description: closet with shelving,Flooring: Laminate
- Level: First
- Dimensions: 14.6 x 14
Bedroom
- Description: Door to Balcony, WIC,Flooring: Laminate
- Level: Second
- Dimensions: 14.6 x 14
Other
- Description: walk in shower,Flooring: Tile
- Level: First
- Dimensions: 8.8 x 6
Other
- Description: walk in shower, soaking tub,Flooring: Tile
- Level: Second
- Dimensions: 10.9 x 10.6
Kitchen
- Description: graite counter tops,Flooring: Laminate
- Level: First
- Dimensions: 19.6 x 14
Living room
- Description: Flooring: Laminate
- Level: First
- Dimensions: 17 x 14
Other
- Description: utility room,Flooring: Laminate
- Level: First
- Dimensions: 6.6 x 6.9
Heating
- Heat Pump
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
- Laundry: Main Level, Laundry Room
Features
- Ceiling Fan(s), Kitchen Island, Bath in Primary Bedroom, Open Floorplan, Utility Room, Window Treatments
- Windows: Blinds
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,330
- Total interior livable area: 1,330 sqft
- Finished area above ground: 1,330
- Finished area below ground: 0
Property
Parking
- Details: Off Street
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Covered, Deck, Porch
- Exterior features: Deck, Porch
Lot
- Size: 3,201.66 Square Feet
Details
- Parcel number: 390834444047000007
- Zoning: Residential
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One and One Half Story
- Property subtype: Single Family Residence
Materials
- Hardboard
- Foundation: Block, Stone
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Connected, Public
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Madison
Financial & listing details
- Price per square foot: $220/sqft
- Tax assessed value: $99,500
- Annual tax amount: $859
- Date on market: 2/23/2026
- Cumulative days on market: 87 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Estimated market value
$286,700
$272,000 - $301,000
$1,665/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2026 | Price change | $292,900-0.7%$220/sqft |
Source:  SIRA #202605866 Report a problem | ||
| 2/23/2026 | Listed for sale | $294,900+6.3%$222/sqft |
Source: SIRA #202605866 Report a problem | ||
| 3/25/2024 | Sold | $277,500$209/sqft |
Source:  Metro Search Inc. LLC DBA Apex MLS #1648505 Report a problem | ||
| 2/16/2024 | Pending sale | $277,500$209/sqft |
Source: Metro Search Inc. LLC DBA Apex MLS #1648505 Report a problem | ||
| 10/26/2023 | Listed for sale | $277,500-2.6%$209/sqft |
Source: SIRA #2023011342 Report a problem | ||
| 10/11/2023 | Listing removed | -- |
Source: SIRA #202306896 Report a problem | ||
| 9/13/2023 | Price change | $284,900-4.3%$214/sqft |
Source: SIRA #202306896 Report a problem | ||
| 6/12/2023 | Price change | $297,850-3.9%$224/sqft |
Source: SIRA #202306896 Report a problem | ||
| 4/11/2023 | Listed for sale | $309,900$233/sqft |
Source: SIRA #202306896 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,106 -50% | $99,500 -10% |
| 2024 | $2,212 +148.5% | $110,600 |
| 2023 | $890 | $110,600 +148.5% |
| 2022 | -- | $44,500 +13.8% |
| 2021 | -- | $39,100 |
| 2020 | -- | $39,100 |
| 2019 | -- | $39,100 |
| 2018 | -- | $39,100 +1% |
| 2017 | -- | $38,700 |
| 2016 | -- | $38,700 -4.7% |
| 2014 | -- | $40,600 -5.8% |
| 2013 | -- | $43,100 |
| 2012 | -- | $43,100 +91.6% |
| 2011 | -- | $22,500 |
| 2010 | -- | $22,500 |
| 2009 | -- | $22,500 +3.7% |
| 2007 | -- | $21,700 +0.5% |
| 2006 | $237 | $21,600 +23.4% |
| 2005 | -- | $17,500 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 47250
Nearby schools
GreatSchools rating
- 9/10Lydia Middleton Elementary SchoolGrades: PK-4Distance: 0.1 mi
- 6/10Madison Consolidated Jr High SchoolGrades: 5-8Distance: 2.2 mi
- 6/10Madison Consolidated High SchoolGrades: 9-12Distance: 2.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Indiana
- Jefferson County
- Madison
- 47250
- 718 W Third Street
Nearby cities
Nearby zip codes
Other Madison Topics
