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628 W 3rd St, Madison, IN 47250

$95,000

Last sold 05/27/2026 after 40 Days

3
bed
2
bath
1,238
Sqft ($77/Sqft)

House not for sale

About 628 W 3rd St

Property type House

Neighborhood

HOA fee $0/month

Lot size 1,239 Sqft

Rental estimate

Property description

Bring your vision and make this one your own! Located in the heart of historic downtown Madison, Indiana, this 2 bedroom, 1.5 bath one story home is full of potential and ready for your personal touch. The home offers a functional layout with all living spaces on one level. Whether you're an investor, DIY enthusiast, or buyer looking to customize your dream space, this property presents a great opportunity to build equity. A partial basement adds valuable storage or workspace options, while the prime location puts you just steps from Madison's charming shops, local dining, and scenic riverfront. There is access from Presbyterian Drive in the back for a possible garage. Taxes are at a 2% cap, if owner occupied the taxes would be $645. There are 2 fireplaces, neither are working.

Listed by

Listing Agent - Jim Pruett

Listing Office - EXP Realty LLC

Source: Metro Search, Inc.

MLS#1714717 • last updated 5 months ago

Movoto checked Metro Search, Inc. for data 10 minutes ago

Overview
Cooling/AC	Central Air
Heating	Forced Air
Levels/Style	1
MLS #	1714717
Type	Residential
SubType	Single Family Residence
SqFt	1238
Lot Size (Sqft)	1239
Lot Size (Acres)	0.15
Year Built	1900

Interior
Total # of Bathrooms	2
# of Full Baths	1
# of Half Baths	1
Total # of Bedrooms	3
Total # of Rooms	6

Exterior
Roof	Shingle
Construction	Wood Frame, Aluminum Siding
Parking	On Street

Amenities / Utilities
Water Source	Public

Location
Subdivision	NONE
APN	390834444033000000
Directions	From Cragmont Turn East Onto Third Street, Then The Home Is On The Left.

Rental est.: $1,125/month

• Gross rent multiplier: 7.0 - Good

May 2026
MLS # 1714717
May 27, 2026 Sold
$95,000 (-3.6%)
Apr 17, 2026 Pending
—
Apr 17, 2026 Listed
$98,500

Year Property taxes Tax assessment
2025
$1,290 -13.0%

$64,500
2024
$1,483 +5.0%

$64,500 -8.64%
2023
$1,412 -45.0%

$70,600
2022
$2,569 +123.4%

$70,600 +8.28%
2021
$1,150

$65,200 +13.39%
2020
$1,150

$57,500
2019
$1,150

$57,500
2018
$1,150 +1.4%

$57,500
2017
$1,134 -4.1%

$57,500 +1.41%
2016
$1,182

$56,700
2015
$1,182 -12.6%

$56,700
2014
$1,352

—

628 W 3rd St
$95K
13-indiana
—
47250
$274K +22% y/y
Madison
$274K +22% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
630 W 3rd St, Madison, IN 47250	$264,000	2/1	1,328	0
626 W 3rd St, Madison, IN 47250	$154,000	2/1	1,816	0.01
624 W 3rd St, Madison, IN 47250	$143,000	3/1	813	0.02
623 Presbyterian Ave, Madison, IN 47250	$134,000	2/1	1,094	0.02
702 W 3rd St, Madison, IN 47250	$292,000	2/2	1,144	0.02
701 Presbyterian Ave, Madison, IN 47250	$155,000	1/1	738	0.02
618 W 3rd St, Madison, IN 47250	$256,000	2/1	1,504	0.02
704 W 3rd St, Madison, IN 47250	$165,000	2/1	940	0.03

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.