Listing
$365,000
Original list price: $399,900
117-119 Je••••• St (Sign up for 50 free credits to unlock)Madison, IN 47250
Property Description
I am pleased to present an exceptional investment opportunity featuring two successful, side-by-side Airbnb properties in the heart of downtown Madison, Indiana. These one-level homes are within walking distance of all downtown amenities and are being offered for sale separately, however the opportunity to purchase 2 successful Airbnb properties side-is-side is very rare! Key highlights of these properties include: - Location: Situated within walking distance of downtown and featuring nice front porches where you can view the beautiful Ohio River! Despite their proximity to Vaughn Drive, neither home was flooded by the last two major historical floods. - Features: This property is a spacious duplex featuring six bedrooms and four bathrooms, and the other Airbnb property next door that is offered For Sale has off-street parking! - Turnkey Ready: Both homes are beautifully updated and fully furnished and surprisingly spacious. All furnishings, linens, and several future bookings will be included in the sale. Whether you are looking for a continued short-term rental investment, a personal weekend getaway, or a full-time residence, these homes are move-in ready! Schedule a viewing of these beautiful properties before they're gone! The other listing that is being offered for sale next door is MLS #202606979
Property Facts & Features
- Property Type
- Single Family
- Status
- Closed
- Listed
- Mar 29, 2026
- Sold
- Sep 30, 2026
- List Price
- $399,900
- Price per Sq Ft
- $187/sqft
- ZIP Code
- 47250
- Full Baths
- 4
- Stories
- 1
- Heating
- Forced Air
- Cooling
- Central Air
- Property Tax (2025)
- $1,886/yr
- Assessed Value
- $94,300
- County
- Jefferson
- School District
- Madison Consolidated Schools
Estimated Value
Automated estimate. Not an appraisal.
Features & Amenities
Bedrooms
- Bedrooms: 6
Bathrooms
- Total Bathrooms: 4.00
- Full Bathrooms: 4
Land Info
- Lot Description: River View
- Lot Size Acres: 0.11
- Lot Size Source: Assessor
- Lot Size Square Feet: 4792
Utilities
- Water Source: Public Onsite
Appliances
- Clothes Dryer
- Clothes Washer
- Microwave
- Oven Self Clean
- Range / Oven
- Refrigerator
Other Rooms
- Total Rooms: 10
Interior Features
- 1st Floor Main
- 1st Floor Utility
- Bath Main
- Ceiling Fan(s)
- Eat-in Kitchen
- Open Floor Plan
- Separate Shower(s)
- Split Bedrooms
- Utility/Mud Room
Garage and Parking
- Other Parking: On Street
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Forced Air
- Heating Fuel: Electric
- Heating: Yes
- Water Heaters: Electric
Other Property Info
- Annual Tax Amount: 1732
- Source Listing Status: Sold
- County: Jefferson_IN
- Directions: On Jefferson St, just north of Vaughn Dr
- Tax Year: 4049
- Area: Downtown
- Source Neighborhood: Downtown
- New Taxes Expense: 1732
- Parcel Number: 391302244021000007
- Township: Madison
- Zoning: Residential
- Property Subtype: Residential
Building and Construction
- Total Square Feet Living: 1950
- Year Built: 1975
- Above Grade Finished Area: 1950
- Above Grade Unfinished Area: 1950.00
- Building Area Total: 1950
- Foundation Details: Concrete Block
- Improvements: 87200
- Property Age: 51
- Roof: Shingle
- Structure Type: Frame On-Site
- House Style: 1 Story
- Total Area Sqft: 1950
Exterior and Lot Features
- Landscaped
- Porch
- Public Sidewalk
- Roads: Paved
- Porch: Yes
Price & Event History
| Date | Event | Price | $/Sq Ft |
|---|---|---|---|
| Sep 30, 2026 | Sold | $365,000 | $187 |
| Mar 29, 2026 | Listed | $399,900 | $205 |
| Oct 22, 2023 | Sold | $380,000 | $195 |
| Jun 21, 2023 | Listing removed | - | - |
| May 7, 2023 | Listed | $399,000 | $333 |
Property Tax History
| Year | Tax | Assessed | Land | Building | Market |
|---|---|---|---|---|---|
| 2025 | $1,886 | $94,300 | $7,100 | $87,200 | $94,300 |
| 2024 | $1,732 | $86,600 | $7,100 | $79,500 | $86,600 |
| 2022 | $1,302 | $65,100 | $7,100 | $58,000 | $65,100 |
| 2021 | $1,214 | $60,700 | $7,100 | $53,600 | $60,700 |
| 2020 | $1,204 | $60,200 | $7,100 | $53,100 | $60,200 |
| 2019 | $1,204 | $60,200 | $7,100 | $53,100 | $60,200 |
| 2018 | $1,760 | $88,000 | $7,100 | $80,900 | $88,000 |
| 2017 | $1,922 | $96,100 | $7,100 | $89,000 | $96,100 |
| 2016 | $1,922 | $96,100 | $7,100 | $89,000 | $96,100 |
| 2015 | $1,094 | $54,700 | $2,600 | $52,100 | $54,700 |
| 2014 | $1,140 | $57,000 | $2,600 | $54,400 | $57,000 |
| 2013 | $1,583 | $59,800 | $2,600 | $57,200 | $59,800 |
Nearby Schools
- Madison Consolidated High School3.1 mi
Public · High · Grades 9-12
- Lydia Middleton Elementary School0.7 mi
Public · Elementary · Grades K-4
- Shawe Memorial High School1.8 mi
Private · Middle, High · Grades 7-12
- Madison Consolidated Jr High School2.8 mi
Public · Elementary, Middle · Grades 5-8
Comparable Homes Nearby
4 bd · 3 ba · 1,758 sqft
449 Ri••••• Dr, 40045Sold · 0.8 mi awayLocation
Lat 38.73367 · Lng -85.37749