313 E First Street, Madison, IN 47250

Local realty services provided by:Schuler Bauer Real Estate ERA Powered
313 E First Street,Madison, IN 47250
$750,000
  • 1 Beds
  • 4 Baths
  • 4,030 sq. ft.
  • Single family
  • Active
Listed by: scott lynch
Office: f.c. tucker/scott lynch group
MLS#:2025011334
Source:IN_SIRA

Price summary

  • Price:$750,000
  • Price per sq. ft.:$186.1

About this home

RESIDENCE AND TURNKEY BAR IN HISTORICAL DOWNTOWN MADISON. The song is true — sometimes you just want to be where everybody knows your name, and at 1st Street Saloon, it truly feels like home. Nestled in the heart of historic downtown Madison, this cozy and inviting bar is a hidden gem where both locals and visitors gather to relax, enjoy, and make memories. Inside you’ll find a warm, welcoming atmosphere, while outside an expanded patio provides the perfect setting for games and good times. The property offers a variety of entertainment, including cornhole, darts, pool, and bowling, making it a top destination in downtown Madison. Just steps from the riverfront, this unique opportunity also includes a 2,015 sq. ft. second-floor single-family residence. Live where you work for maximum convenience, or lease the second floor unit for supplemental income. A rare chance to own a piece of Madison’s charm — combining business, home, and lifestyle in one.

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Home facts

  • Year built:1900
  • Listing ID #:2025011334
  • Added:84 day(s) ago
  • Updated:December 19, 2025 at 04:14 PM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:4
  • Full bathrooms:1
  • Half bathrooms:3
  • Living area:4,030 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air

Structure and exterior

  • Roof:Rubber
  • Year built:1900
  • Building area:4,030 sq. ft.
  • Lot area:0.16 Acres

Utilities

  • Water:Connected, Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$750,000
  • Price per sq. ft.:$186.1
  • Tax amount:$3,114