About This Home

This 2-bedroom, 2-bathroom single family at 605 Walnut Street in Madison, IN is listed for $244,998 ($162 per sqft). Built in 1840, the home offers 1,512 sqft of living space on a 0.05 acres lot.

Key Features

  • Built in 1840
  • 0.05 acre lot
  • 2 stories
  • Fireplace

Property Details

2 stories
1 full, 1 half
1840

Amenities

FireplaceA/C
Listing Description

Positioned within walking distance to Downtown Amenities, this move-in-ready Federal-style residence presents a compelling opportunity to capitalize on ongoing neighborhood investment and appreciation. The home successfully balances historic character with thoughtful modern updates, offering both authenticity and functionality.

Key features include main floor updated kitchen appliances, living room, fireplace, dining room area, and half bath. Tall Ceilings, and finished painted hardwood floors that create a bright, durable living environment. A notably spacious, dry cellar provides flexible-use space not found in comparable Madison properties, ideal for a bonus room, work out space, or a secret "Speak Easy" space.

The upper-level has an additional living or lounge area, both bedrooms, and a full bathroom - Enhancing the home's versatility from Owner Occupied, to Bed & Breakfast! Lots of possibilities. Outside, a fully fenced backyard offers multiple seating and entertainment spaces, including the covered Patio, and complemented by a storage barn for added convenience.

Monthly Cost Estimate

$1,310/mo

20% down · 6.5% · 30 years

Principal$177
Interest$1,062
Insurance$71

Estimates only. Actual payments may vary.

Location

605 Walnut Street

Madison, IN 47250

Features & Amenities

Interior Features

Bath 1/2 MainCeiling Fan(s)Den/OfficeEat-in Kitchen

Exterior Features

Covered PatioFenced Yard

Property Details

Outdoor Features

Patio

Heating

Forced Air

Cooling

Central Air

Appliances

Clothes DryerClothes WasherMicrowaveRange / OvenRefrigerator

Questions & Answers

This 2-bedroom, 2-bathroom single family at 605 Walnut Street is listed at $244,998 ($162/sqft). The estimated monthly payment is $1,310 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1840, 0.05 acre lot, 2 stories, Fireplace. Interior Features: Bath 1/2 Main, Ceiling Fan(s), Den/Office. Exterior Features: Covered Patio, Fenced Yard.

This property is listed by Angela L Bauer and can be reached at (812) 283-4778.

AB

Angela L Bauer

Agent at RE/MAX FIRST

(812) 283-4778
Agent website

Listed by RE/MAX FIRST · Broker phone: (812) 283-4778 · View on Broker Site · Broker website

MLS# 202609995· Source: Southern Indiana REALTORS Association· 91 days on PropertySimple

Copyright © 2026 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.

605 Walnut Street, Madison, IN 47250

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