845 West Main Street

Off Market

845 West Main Street

Madison IN 47250

3412 sq. ft.

3484.8 sq. ft.

Single-Family

Last sold for $324,000

Scott Lynch, last sold this property on 22 May 2026 after -48 days on market.

Overview

Exceptional mixed-use investment opportunity in the heart of Historic Downtown Madison. This classic two-story brick storefront offers outstanding visibility and multiple income-producing possibilities in a prime Main Street location. The main level features approximately 1,700 square feet of retail or commercial space, ideal for a boutique, office, gallery, or specialty business. Above, the second floor showcases a distinctive 2-bedroom, 1-bath apartment with views overlooking Main Street—perfect for rental income or owner occupancy. A detached 720-square-foot brick garage at the rear of the property provides additional revenue potential, workshop space, or vehicle storage. Just steps from local shops, dining, schools, and Madison’s scenic Ohio Riverfront, this property blends historic character, versatility, and prime location—an outstanding opportunity for investors or entrepreneurs alike.

Features

2 bedrooms

1 bathroom

1 carspace

1 garage space

3412 sq. ft. floor area

3484.8 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 2 bedroom single-family properties sold in Madison over the last 12 months, the estimated median property value of 845 West Main Street is $204.5k.

Median value

$204.5k

Estimated value range

$66k - $390k

Median days on market

Estimated value trend

12%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Madison. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 845 West Main Street

2026

Sold

$324,000

22 May 2026 by Scott Lynch, of FC Tucker-Scott Lynch Group

Happy sellers in Madison

We have insufficient information to provide an overview of customer satisfaction for Madison. Viewing the agent profiles, reviews and sales for Madison can provide insights for this location.

Local market activity for 2 bedroom single-family properties in Madison

In the last 12 months, 37 two-bedroom single-family properties similar to 845 West Main Street, have been sold.

This represents a 22% increase in two-bedroom single-family properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Madison for a market analysis.

Crystal Anderson

at Berkshire Hathaway HomeServices Indiana Realty (Columbus, 47201)

(50 reviews)

Get a market analysis

William Andes

at eXp Realty

(278 reviews)

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Robin DeLuca

at F.C. Tucker Company

(9 reviews)

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Chris Hembree

at Realty ONE Group River Valley | Carrollton

(5 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Madison

Crystal Anderson

Sellers who recommend Crystal Anderson have praised them for being clear communication, local expert, supportive, responsive, friendly, reliable, and empathetic