1127 Walnut ST Active Save Request In-Person Tour Request Virtual Tour
Madison,IN 47250
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,623 sqft
Price per Sqft $246
MLS Listing ID 2024010809
Style One Story
Bedrooms 3
Full Baths 1
Construction Status Resale
Abv Grd Liv Area 1,623
Year Built 1900
Annual Tax Amount $2,000
Lot Size 9.750 Acres
Acres 9.75
Property Description
Very unique opportunity that is less than a half mile from the National Historic landmark town of Madison IN. This includes 5 parcels, 2 parcels have existing homes. 1131 walnut has a shotgun style home with an apartment addition. Home and apartment are in need of renovations. The main home at 1127 was updated about 10 years ago. Both homes have newer roofs within the last 5 years. 1131 has an old house that is in need of major renovation or be razed. 1100 is the garden area behind the two homes. 1137 is a vacant track that is 8.5 acres. Total acreage is just under 10 acres. The very popular Heritage Trail access point is located on Walnut st. This property could have many potential uses given the tourism in Madison. RV parking, Hotel, Short term rental, multi family, etc. Proper zoning and approvals would be needed to make any changes. We have not explored these ideas with planning and zoning , just ideas to add to Madison's rich toursim market.
Location
State IN
County Jefferson_ I N
Area Downtown
Zoning Residential
Direction Main st to Jefferson st, left on walnut st, properties are on the left.
Rooms
Basement Crawl Space
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Exterior
Water Access Desc Connected,Public
Building
Dwelling Type Duplex
Entry Level One
Sewer Public Sewer
Water Connected, Public
Architectural Style One Story
Level or Stories One
New Construction No
Construction Status Resale
Others
Tax ID 0110272700
Acceptable Financing Cash,Conventional,USDA Loan
Listing Terms Cash,Conventional,USDA Loan