See all 34 photos

$409,900

Est. payment - /mo

Save

3 Beds

2 Baths

1,127 SqFt

Price Dropped by $5K

128 West ST Madison, IN 47250

Save

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Todd Martin

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

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Square Footage 1,127 sqft

Price per Sqft $363

MLS Listing ID 202606818

Style One Story

Bedrooms 3

Full Baths 2

Construction Status Resale

Abv Grd Liv Area 1,127

Year Built 1950

Annual Tax Amount $2,080

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Residential

Property Description

An extremely rare 2 structure opportunity for OWNER-OCCUPANTS or for INVESTORS looking for an IMMEDIATE INCOME-PRODUCING property - proven AIRBNB GROSS INCOME OF OVER $69k FROM mid 2024-and all 2025 (financials available). The home has been maintained personally by local owners. FULLY FURNISHED with an acceptable offer. You can move right in or continue renting immediately! This beautifully renovated home (2024) boasts SEVERAL UPDATES while maintaining the home's original historic elements. Inside, enjoy an open kitchen with a passthrough to the living room and a door leading to the covered front patio and covered porch. Spacious dining/eating area, TILED MASTER BATH, TUB with shower in hall bath. Laundry includes new (2024) Electrolux stackable washer and dryer. Great curb appeal with easy to care for landscaping. CENTRAL LOCATION one block from river front, across the street from Centennial Park (literally front row viewing for movies, concerts and seasonal events), and only 2 blocks from downtown shops and restaurants. VERY RARE IN-TOWN MULTIPLE OFF STREET PARKING SPOTS in carport and in alley on concrete pad behind secondary building. The secondary building provides an opportunity for additional income producing space. An incredible IMMEDIATE INCOME PRODUCING INVESTMENT PROPERTY or JUST BRING YOUR TOOTHBRUSH and move right in!

Location

State IN

County Jefferson_ I N

Area Downtown

Zoning Residential,Historic Dist

Direction GPS Friendly From The corner of Jefferson and Second street travel west. The home will be on your left on the southwest corner of West and First street.

Interior

Interior Features Attic, Ceiling Fan(s), Separate/ Formal Dining Room, Kitchen Island, Pantry, Storage, Utility Room, Window Treatments

Heating Heat Pump

Cooling Central Air

Fireplace No

Window Features Blinds

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

Laundry Laundry Closet, Main Level

Exterior

Exterior Feature Landscaping, Paved Driveway, Porch, Patio

Parking Features Carport

Garage Spaces 1.0

Garage Description 1.0

Community Features Sidewalks

View Y/N Yes

Water Access Desc Connected,Public

View River

Roof Type Shingle

Street Surface Paved

Porch Covered, Patio, Porch

Building

Lot Description Corner Lot

Entry Level One

Foundation Block

Sewer Public Sewer

Water Connected, Public

Architectural Style One Story

Level or Stories One

Additional Building Barn(s)

New Construction No

Construction Status Resale

Others

Tax ID 391302242017000007

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Listed by F.C. Tucker/Scott Lynch Group