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.
For sale
Price cut: $2.6K (4/1)
$159,900
508 W State St, Madison, IN 47250
3beds
1,200sqft
Est.:
Single Family Residence
Built in 1974
3,049.2 Square Feet Lot
$155,400 Zestimate®
$133/sqft
$-- HOA
What's special
Additional roomsDining areaOffice spaceConvenient storageUtility room
- 53 days
- on Zillow |
- 626 |
- 18 |
Zillow last checked: 7 hours ago
Listing updated: April 01, 2025 at 06:06am
Listed by:
Jim Pruett 812-701-1000,
EXP Realty LLC
Source: GLARMLS,MLS#: 1680983

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Description: Carpet
- Level: Second
- Area: 144
- Dimensions: 12.00 x 12.00
Bedroom
- Description: Carpet
- Level: Second
- Area: 144
- Dimensions: 12.00 x 12.00
Bedroom
- Description: Carpet
- Level: First
- Area: 162.44
- Dimensions: 13.10 x 12.40
Dining area
- Description: Vinyl
- Level: First
- Area: 92.15
- Dimensions: 9.50 x 9.70
Kitchen
- Description: Vinyl
- Level: First
- Area: 106.68
- Dimensions: 12.70 x 8.40
Laundry
- Description: Vinyl
- Level: First
- Area: 42.4
- Dimensions: 8.00 x 5.30
Living room
- Description: Vinyl
- Level: First
- Area: 196.65
- Dimensions: 13.11 x 15.00
Other
- Description: Unfinished area, stairs to garage
- Level: Second
- Area: 360
- Dimensions: 12.00 x 30.00
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Features
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,200
- Total interior livable area: 1,200 sqft
- Finished area above ground: 1,200
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Attached, Driveway
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Deck
- Fencing: None
Lot
- Size: 3,049.2 Square Feet
Details
- Parcel number: 390827224054000007
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Concrete Blk
- Roof: Shingle
Condition
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Madison
Financial & listing details
- Price per square foot: $133/sqft
- Tax assessed value: $62,900
- Annual tax amount: $1,258
- Date on market: 3/3/2025
- Electric utility on property: Yes
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