727 W Third, Madison, IN 47250
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
727 W Third,Madison, IN 47250
$459,000
- 7 Beds
- 10 Baths
- 6,684 sq. ft.
- Single family
- Active
Listed by:jessica butler
Office:legacy land use & realty
MLS#:2025010231
Source:IN_SIRA
Price summary
- Price:$459,000
- Price per sq. ft.:$68.67
About this home
OPPORTUNITY at a scale an investor can appreciate. If you are wanting rental investments, why not acquire 7 units? Madison has maintained rentals in this classic set of tri-plexes for 150+ years, and the owners of this property have made necessary updates, but want to let YOU carry this one forward. If you are seeking funds toward rehabbing the buildings, at this location there are two separate parcels, and therefore you could receive two grants. There is potential for historic contributions on the grounds of this property being a part of the Underground Railroad. The history is alleged, and at this time the listing agent does not have documentation of this history. The sale of this Real Estate is to be AS-IS, but buyers are welcome to thorough inspections.
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Home facts
- Year built:1840
- Listing Id #:2025010231
- Added:2 day(s) ago
- Updated:August 13, 2025 at 04:06 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:10
- Full bathrooms:7
- Half bathrooms:3
- Living area:6,684 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Roof:Shingle
- Year built:1840
- Building area:6,684 sq. ft.
- Lot area:0.5 Acres
Utilities
- Water:Connected, Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$459,000
- Price per sq. ft.:$68.67
- Tax amount:$5,522
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