727 W Third, Madison, IN 47250
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
727 W Third,Madison, IN 47250
$399,000
- 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:$399,000
- Price per sq. ft.:$59.69
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.
Contact an agent
Home facts
- Year built:1840
- Listing ID #:2025010231
- Added:44 day(s) ago
- Updated:September 24, 2025 at 12:55 AM
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:$399,000
- Price per sq. ft.:$59.69
- Tax amount:$5,522
New listings near 727 W Third
- New
$399,900Active3 beds 3 baths2,518 sq. ft.124 Cherry Trace, Madison, IN 47250
MLS# 2025011337Listed by: F.C. TUCKER/SCOTT LYNCH GROUP - New
$229,900Active3 beds 2 baths1,610 sq. ft.316 Crestwood Drive, Madison, IN 47250
MLS# 2025011293Listed by: F.C. TUCKER/SCOTT LYNCH GROUP - New
$199,900Active3 beds 2 baths1,328 sq. ft.7940 W Kent Sr 256, Madison, IN 47250
MLS# 2025011338Listed by: F.C. TUCKER/SCOTT LYNCH GROUP - New
$345,900Active2 beds 2 baths1,584 sq. ft.716 W 2nd Street, Madison, IN 47250
MLS# 2025011015Listed by: CENTURY 21 RIVER VALLEY - New
$385,000Active3 beds 3 baths3,624 sq. ft.528 Quail Ridge Court, Madison, IN 47250
MLS# 2025011243Listed by: COLDWELL BANKER HARRELL & ASSO - New
$189,900Active20 Acres2843+ E Thornton Road, Madison, IN 47250
MLS# 2025011265Listed by: F.C. TUCKER/SCOTT LYNCH GROUP - New
$639,900Active3 beds 3 baths2,608 sq. ft.204 W Third Street, Madison, IN 47250
MLS# 2025011231Listed by: F.C. TUCKER/SCOTT LYNCH GROUP - New
$359,900Active4 beds 3 baths2,084 sq. ft.7526 E Riverside Drive, Madison, IN 47250
MLS# 2025011193Listed by: COLDWELL BANKER HARRELL & ASSO - New
$499,000Active2 beds 1 baths1,082 sq. ft.109 Central Avenue, Madison, IN 47250
MLS# 2025011117Listed by: CENTURY 21 RIVER VALLEY - New
$349,900Active3 beds 2 baths1,575 sq. ft.375 N Hereford Lane, Madison, IN 47250
MLS# 2025011158Listed by: F.C. TUCKER/SCOTT LYNCH GROUP
Protect your home and budget with an American Home Shield© home warranty. Learn more© 2023 - 2025 ERA Franchise Systems LLC. All rights reserved. ERA Franchise Systems LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. ERA, ERA Real Estate powered, and their respective logos are registered service marks of ERA Franchise Systems LLC. Each office is independently owned and operated.