128 West Street, Madison, IN 47250

• 3 beds |
• 2 baths |
• 1,127 sqft

Property Description

An extremely rare 2 structure opportunity for OWNER-OCCUPANTS or for INVESTORS looking for an IMMEDIATE INCOME-PRODUCING property - proven AIRBNB GROSS INCOME OF OVER $69k FROM mid 2024-and all 2025 (financials available). The home has been maintained personally by local owners. FULLY FURNISHED with an acceptable offer. You can move right in or continue renting immediately! This beautifully renovated home (2024) boasts SEVERAL UPDATES while maintaining the home's original historic elements. Inside, enjoy an open kitchen with a passthrough to the living room and a door leading to the covered front patio and covered porch. Spacious dining/eating area, TILED MASTER BATH, TUB with shower in hall bath. Laundry includes new (2024) Electrolux stackable washer and dryer. Great curb appeal with easy to care for landscaping. CENTRAL LOCATION one block from river front, across the street from Centennial Park (literally front row viewing for movies, concerts and seasonal events), and only 2 blocks from downtown shops and restaurants. VERY RARE IN-TOWN MULTIPLE OFF STREET PARKING SPOTS in carport and in alley on concrete pad behind secondary building. The secondary building provides an opportunity for additional income producing space. An incredible IMMEDIATE INCOME PRODUCING INVESTMENT PROPERTY or JUST BRING YOUR TOOTHBRUSH and move right in!

Listing Status:

Active

Data Last Updated:

April 5, 2026 at 6:17AM

Listing Office:

F.C. Tucker/Scott Lynch Group : 812-265-3122

MLS ID:

202606818

Interior

• General: AtticCeiling Fan(s)Separate/Formal Dining RoomKitchen IslandPantryStorageUtility RoomWindow Treatments
• Appliances: DryerDishwasherMicrowaveOvenRangeRefrigeratorWasher
• Laundry: Laundry ClosetMain Level
• A/C: Central Air
• Heating: Heat Pump

Exterior

• General: LandscapingPaved DrivewayPorchPatioBarn(s)
• Style: One Story
• Other Structures: Barn(s)PorchPatioCovered
• Parking: Carport

Construction

• Roofing: Shingle
• Windows: Blinds
• General: FrameVinyl Siding1Block

Location

• Road/Access: Paved
• Originating MLS: SIRA_SIRA
• County: Jefferson_IN

Lot

• Zoning: ResidentialHistoric Dist011-04092-00 401/2 BY 117 FT LOT 4 RIVER BLK 11-131-44 128 W Street391302242017000007
• View: RiverView

Utilities

• Water: ConnectedPublic
• Sewer: Public Sewer

Financial

• Source: SIRA_SIRA