508 W State St, Madison, IN 47250 | MLS# 1680983

$ 159,900
508 W State St, Madison, IN 47250, ,
Active

Overview

  • Updated On:
  • May 12, 2025
  • 3 Bedrooms
  • 2 Bathrooms
  • 1,200 ft2

Description

Unlock the potential of this versatile property on Madison’s Hilltop! Whether you’re looking for a residential home, a commercial space, or a combination of both, this prime location offers endless possibilities. The main level is currently set up as an apartment, featuring a cozy living room, kitchen, dining area, bedroom, full bath, and utility room. Upstairs, you’ll find two additional rooms—perfect for bedrooms or office space—along with a second full bath. The area beneath the home provides convenient storage or space for a golf cart. Situated in a high-traffic area, this property is an excellent investment opportunity. Inspections are welcome, but the property is being sold as-is. Don’t miss your chance—schedule a showing today! The apartment is occupied by a tenant and requires 24 hour notice for showings. Property recently appraised and priced accordingly. Tenant pay $800 plus 50% of utilities which averages $120/mo.

Address: 508 W State St, Madison, IN 47250
City:
Area:
State/County:
Zip: 47250
Country: United States
Open In Google Maps
Property Id : 3400063
Price: $ 159,900
Property Size: 1,200 ft2
Property Lot Size: 0 ft2
Rooms: 8
Bedrooms: 3
Bathrooms: 2
BathroomsFull: 2
InternetConsumerCommentYN: 1
TaxLot: 0
AboveGradeFinishedArea: 1200
BuildingAreaSource: Other
InternetAutomatedValuationDisplayYN: 1
FoundationDetails: Concrete Blk
BelowGradeFinishedArea: 0
Fencing: None
StreetNumberNumeric: 508
Roof: Shingle
ConstructionMaterials: Vinyl Siding
ListAgentFullName: Jim Pruett
InternetAddressDisplayYN: 1
ListAgentMobilePhone: 812-701-1000
OnMarketDate: 2025-03-03
BathroomsHalf: 0
InternetEntireListingDisplayYN: 1
ListOfficeKey: 20131203192907146931000000
ListAgentLastName: Pruett
Cooling: Central Air
FireplacesTotal: 0
StatusChangeTimestamp: 2025-03-03T21:21:21Z
ListAgentFirstName: Jim
PriceChangeTimestamp: 2025-04-01T13:05:58Z
MajorChangeType: Price Reduced
LotSizeUnits: Acres
DocumentsCount: 5
PatioAndPorchFeatures: Deck
LotSizeSquareFeet: 3049.2
ListingId: 1680983
YearBuilt: 1974
SourceSystemName: Metro Search (Greater Louisville Association of REALTORS®)
SourceSystemKey: 20250303210953182399000000
Basement: None
StateOrProvince: IN
ListOfficeName: EXP Realty LLC
OriginatingSystemKey: 20250303210953182399000000
VideosCount: 0
PhotosCount: 22
PhotosChangeTimestamp: 2025-03-03T21:21:22Z
BuildingAreaTotal: 1200
Stories: 1
OriginatingSystemName: Metro Search (Greater Louisville Association of REALTORS®)
Utilities: Electricity Connected
OriginalListPrice: 162500
Sewer: Public Sewer
ListingContractDate: 2025-02-28
StreetSuffix: St
OriginatingSystemID: M00000290
StreetNumber: 508
StreetName: State
ListAgentEmail: jimpruett@jimpruett.com
ModificationTimestamp: 2025-05-06T13:06:28Z
ListOfficeMlsId: 20309
MlsStatus: Active
TaxBlock: 0
LotSizeArea: 0.07
SourceSystemID: M00000290
ParcelNumber: 390827224054000007
ListAgentMlsId: 26953
ParkingFeatures: Attached,Driveway
AssociationFee: 0
DocumentsChangeTimestamp: 2025-03-03T21:21:22Z
Heating: Forced Air,Natural Gas
StreetDirPrefix: W
MajorChangeTimestamp: 2025-04-01T13:05:58Z
Directions: From Main Street head North onto Cragmont Street. In 1.7 miles make a left at the 4-way stop. The property will be located immediately to your right.
MLSAreaMajor: 13-Indiana
LivingAreaSource: Other
GarageSpaces: 1
MLSAreaMinor: 13-Indiana
WaterSource: Public
Outdoor Details
Garage Attached
Other Features
Has Cooling System
Has Garage
Has Heating System
$ 819.84
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 619.96
Sat 17 May
Sun 18 May
Mon 19 May
Tue 20 May
Wed 21 May
Thu 22 May
Fri 23 May
Sat 24 May
Sun 25 May
Mon 26 May
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