316 W Main Street Madison, IN 47250

Single Family Detached MLS #: 202506323 Courtesy Of F.C. Tucker

$369,900

1 beds | 1 baths | 6,337 sq ft
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Est. Property Tax: $3,228
Estimated monthly payments: $1,886/mo.* (recalculate)

Property InformationDescription

Discover this Italianate two-part in a commercial block, constructed circa 1870, brimming with potential for various business ventures or investment opportunities! **Property Highlights** Spacious first floor - Enjoy approximately 3140 sq ft of versatile space, perfect for retail or office use. Flexible Second Floor - Currently utilized for storage, this level can easily be transformed to suit your needs, whether it be additional office space or even more retail opportunities. Third Floor Comfort - A welcoming apartment provides both convenience and potential rental income, making this property a smart investment. Don't miss out on a chance to own this property! Contact us today for more information or schedule a viewing.
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Features

  • Age: Over 50 Years Old
  • Appliances: Range, Refrigerator
  • Architecture Style: Other
  • Heating System: Forced Air
  • Lot Size: 0.08 Acres

MAP & DIRECTIONS

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316 W Main Street, Madison, IN 47250
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School Information

316 W Main Street, Madison, IN 47250

Elementary School
Grades 4-8 | Public School
MADISON CONSOLIDATED JR HIGH SCHOOL
Madison, IN 47250
701 8th St
812.­274.8003
Distance: 2.5 mi
School Rating
C+
Student:Teacher Ratio
74:1
Total Students
814
Elementary School
Grades PK-4 | Public School
LYDIA MIDDLETON ELEMENTARY SCHOOL
Madison, IN 47250
714 W Main St
812.­274.8005
Distance: 0.3 mi
School Rating
A-
Student:Teacher Ratio
16:1
Total Students
306
Middle School
Grades 4-8 | Public School
MADISON CONSOLIDATED JR HIGH SCHOOL
Madison, IN 47250
701 8th St
812.­274.8003
Distance: 2.5 mi
School Rating
C+
Student:Teacher Ratio
74:1
Total Students
814
High School
Grades 9-12 | Public School
MADISON CONSOLIDATED HIGH SCHOOL
Madison, IN 47250
743 Clifty Dr
812.­274.8408
Distance: 2.7 mi
School Rating
C+
Student:Teacher Ratio
17:1
Total Students
778
Other Nearby Schools Distance Type Grades School Rating
Pope John Xxiii Elementary School 1.5 mi Private PK-6
E.o. Muncie Jr/sr High School 2.2 mi Public 7-12
Anderson Elementary School 2.3 mi Public PK-4 C
Milton Elementary School 3.3 mi Public PK-6 F
Rykers' Ridge Elementary School 3.7 mi Public PK-4 B-
Southwestern Middle School 5.2 mi Public 6-8 D
Southwestern High School 5.2 mi Public 9-12 C
Southwestern Elementary School 5.3 mi Public PK-5 C
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Madison, IN 47250

Median Age: 43.8
Married: 41%
Number of Households: 9,226
Households with Children: 29%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Southern Indiana REALTORS Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.