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$799,900

Est. payment - /mo

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5 Beds

6 Baths

4,404 SqFt

Active

708 E Main ST Madison, IN 47250

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Todd Martin

todd@ampedpg.com +1(502) 265-4776

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Key Details

Property Type Single Family Home

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Square Footage 4,404 sqft

Price per Sqft $181

MLS Listing ID 2025010435

Style Historic/ Antique, Two Story

Bedrooms 5

Full Baths 5

Half Baths 1

Construction Status Resale

Abv Grd Liv Area 4,404

Year Built 1845

Annual Tax Amount $8,752

Lot Size 8,276 Sqft

Acres 0.19

Property Sub-Type Residential

Property Description

CIRCA 1840'S HISTORIC HOME - Step into history with this stunning home, located in the heart of historic downtown Madison, Indiana. Currently operating as the successful Iron Gate Inn Bed & Breakfast, this property offers an extraordinary opportunity to own a piece of Madison's heritage while continuing a thriving business or enjoying as an exquisite private residence. Inside, the home showcases a grand parlor with soaring 13-foot ceilings, 11-foot Jefferson windows, and an original stamped tin ceiling. Four original gas lamps, converted to electric—including three depicting the Ages of Man—illuminate the history and artistry of the home. With 8 fireplaces, inlaid wood floors, a graceful foyer, elegant double covered side porches, a large updated eat-in kitchen, and a formal dining room, the home is designed for both beauty and function. The property features 5 spacious bedrooms and 5.5 bathrooms—all of the bedrooms each include their own private bath—making it ideal for hosting guests or extended family. The finished attic space can be used as an additional bedroom/office/craft room or storage. The attached carriage house still functions as a garage, and the brick patio and lovely gardens provide serene outdoor living spaces. This is more than a home—it's a legacy. Whether you choose to continue operating it as a proven Bed & Breakfast or transform it into a private estate, this remarkable property offers history, charm, and modern functionality in one.

Location

State IN

County Jefferson_ I N

Area Downtown

Zoning Residential

Direction GPS Friendly. Located on the south side of East Main Street

Rooms

Basement Partial, Unfinished

Interior

Interior Features Attic, Bookcases, Ceiling Fan(s), Separate/ Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Home Office, Kitchen Island, Bath in Primary Bedroom, Main Level Primary, Mud Room, Pantry, Storage, Utility Room, Natural Woodwork

Heating Forced Air

Cooling Central Air

Fireplaces Number 8

Fireplaces Type Decorative

Fireplace Yes

Appliance Dryer, Dishwasher, Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Washer

Laundry Main Level, Laundry Room

Exterior

Exterior Feature Fence, Landscaping, Paved Driveway, Porch, Patio

Parking Features Attached, Garage

Garage Spaces 1.0

Garage Description 1.0

Fence Yard Fenced

Community Features Sidewalks

Water Access Desc Connected,Public

Roof Type Shingle

Street Surface Paved

Porch Covered, Patio, Porch

Building

Entry Level Two

Foundation Stone

Sewer Public Sewer

Water Connected, Public

Architectural Style Historic/Antique, Two Story

Level or Stories Two

New Construction No

Construction Status Resale

Others

Tax ID 391302113036000007

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

Listed by F.C. Tucker/Scott Lynch Group