# 513 West Street, Madison, IN 47250 > **TL;DR:** 10bd/8ba single family, $1,375,000 ($250/sqft), built 1840, 5,508 sqft. > Fireplace, A/C. Est. $7,354/mo. Listed 207 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,375,000 | | Price/sqft | $250 | | Bedrooms | 10 | | Bathrooms | 6 full, 2 half | | Square Feet | 5,508 | | Year Built | 1840 | | Lot Size | 22,216 sqft (0.51 acres) | | Stories | 2 | | Property Type | Single Family (Other) | | Status | Active | | Days on Market | 207 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $6,953 | | Estimated Insurance | $401 | | **Total** | **$7,354** | ## Nearby Schools - **Elementary:** Madison Consolidated - **High:** Madison Consolidated ## Key Amenities - Fireplace - A/C ## Property Highlights - Built in 1840 - 0.51 acre lot - 2 stories - Fireplace ## Description ### Agent Description Own a Piece of Historic Downtown Madison Discover a rare investment opportunity in the heart of downtown Madison. This versatile corner lot property features four beautifully maintained Airbnb units, offering both charm and strong income potential. The thoughtfully designed layout includes: Main Floor: Two spacious 2 bedroom, 1.5 bath units Upper Level: Two expansive 3 bedroom, 2 bath units Currently operating as a successful short-term rental, this property delivers excellent returns and comes as a true turnkey investment complete with future bookings and all furnishings included, allowing for a seamless transition. Endless Possibilities: Continue as a high performing Airbnb, Multi generational living setup, convert to condo-style rentals, Owner occupy one unit while renting the others. Recent Updates Include: complete rehab, all systems new. Perfectly positioned in a highly walkable downtown location, you're just steps from local boutiques, dining, and the scenic Ohio River. ## Location - **Address:** 513 West Street, Madison, IN 47250 - **County:** Jefferson - **Coordinates:** 38.738221, -85.380532 - **Google Maps:** https://www.google.com/maps?q=38.738221,-85.380532 ## Listing Agent - **Name:** Jim Pruett - **Brokerage:** EXP REALTY LLC - **Broker Phone:** (888) 574-9405 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/513-West-St_Madison_IN_47250_M92911-76143?f=listhub&s=SEIBRIN&m=207202&c=propsimple) ## Photos ![513 West Street - Photo 1](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f3214311959r.jpg) ![513 West Street - Photo 2](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f2756895902r.jpg) ![513 West Street - Photo 3](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f2570925383r.jpg) ![513 West Street - Photo 4](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f2532498146r.jpg) ![513 West Street - Photo 5](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f1043228671r.jpg) ![513 West Street - Photo 6](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f4073707267r.jpg) ![513 West Street - Photo 7](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f2658859779r.jpg) ![513 West Street - Photo 8](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f2474148162r.jpg) ![513 West Street - Photo 9](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f3640872014r.jpg) ![513 West Street - Photo 10](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f1279460702r.jpg) ![513 West Street - Photo 11](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f2214237651r.jpg) ![513 West Street - Photo 12](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f1671675596r.jpg) ![513 West Street - Photo 13](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f231286134r.jpg) ![513 West Street - Photo 14](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f3153766998r.jpg) ![513 West Street - 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Photo 35](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f636777780r.jpg) ![513 West Street - Photo 36](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f2134964833r.jpg) ![513 West Street - Photo 37](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f3399157502r.jpg) ![513 West Street - Photo 38](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f1513018720r.jpg) ![513 West Street - Photo 39](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f1144185579r.jpg) ![513 West Street - Photo 40](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f4071298125r.jpg) ![513 West Street - Photo 41](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f3502130987r.jpg) ![513 West Street - Photo 42](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f2373163843r.jpg) ![513 West Street - Photo 43](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f4160762185r.jpg) ![513 West Street - Photo 44](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f3420619137r.jpg) ![513 West Street - Photo 45](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f2243335865r.jpg) ![513 West Street - Photo 46](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f3540551887r.jpg) ![513 West Street - Photo 47](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f3449866073r.jpg) ![513 West Street - Photo 48](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f593067792r.jpg) ![513 West Street - Photo 49](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f1495161787r.jpg) ![513 West Street - Photo 50](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f4293930374r.jpg) ![513 West Street - Photo 51](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f1603059171r.jpg) ![513 West Street - Photo 52](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f346726793r.jpg) ![513 West Street - Photo 53](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f2091240152r.jpg) ![513 West Street - Photo 54](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f711853661r.jpg) ![513 West Street - Photo 55](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f3686846931r.jpg) ![513 West Street - Photo 56](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f1538236560r.jpg) ![513 West Street - Photo 57](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f1285360441r.jpg) ![513 West Street - Photo 58](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f2756895902r.jpg) ![513 West Street - Photo 59](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f2257300177r.jpg) ![513 West Street - Photo 60](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f1292541199r.jpg) ![513 West Street - Photo 61](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f2838970824r.jpg) ![513 West Street - Photo 62](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f4038621075r.jpg) ![513 West Street - Photo 63](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f31851003r.jpg) ![513 West Street - Photo 64](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f4177064998r.jpg) ![513 West Street - Photo 65](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f1465819019r.jpg) ![513 West Street - Photo 66](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f3741563765r.jpg) ![513 West Street - Photo 67](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f2528790903r.jpg) ![513 West Street - Photo 68](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f1262965095r.jpg) ![513 West Street - Photo 69](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f3444402309r.jpg) ![513 West Street - Photo 70](http://lh.rdcpix.com/2ab120ba3c77895814443ae54cba975bl-f2182377687r.jpg) --- **MLS#:** 207202 | **Updated:** 2026-10-28 **Source:** listhub *Copyright © 2026 Southeastern Indiana Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/513-west-street-madison-in-47250-043a6ba7272146699cc1a70e48aefbef) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/513-west-street-madison-in-47250-043a6ba7272146699cc1a70e48aefbef#listing", "url": "https://staging.propertysimple.ai/listing/513-west-street-madison-in-47250-043a6ba7272146699cc1a70e48aefbef", "name": "513 West Street, Madison, IN 47250", "description": "Own a Piece of Historic Downtown Madison Discover a rare investment opportunity in the heart of downtown Madison. This versatile corner lot property features four beautifully maintained Airbnb units, offering both charm and strong income potential. 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