$750,000

313 E First Street, Madison, IN 47250

  • 1 bed |
  • 4 baths |
  • 4,030 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $186/sqft
  • Property List Date Icon Listed 6 months ago

Property Description

RESIDENCE AND TURNKEY BAR IN HISTORICAL DOWNTOWN MADISON. The song is true — sometimes you just want to be where everybody knows your name, and at 1st Street Saloon, it truly feels like home. Nestled in the heart of historic downtown Madison, this cozy and inviting bar is a hidden gem where both locals and visitors gather to relax, enjoy, and make memories. Inside you’ll find a warm, welcoming atmosphere, while outside an expanded patio provides the perfect setting for games and good times. The property offers a variety of entertainment, including cornhole, darts, pool, and bowling, making it a top destination in downtown Madison. Just steps from the riverfront, this unique opportunity also includes a 2,015 sq. ft. second-floor single-family residence. Live where you work for maximum convenience, or lease the second floor unit for supplemental income. A rare chance to own a piece of Madison’s charm — combining business, home, and lifestyle in one.

Listing Status:
Active
Data Last Updated:
April 5, 2026 at 12:20PM
Listing Office:
F.C. Tucker/Scott Lynch Group : 812-265-3122
MLS ID:
2025011334
  • Appliances: DishwasherMicrowaveOvenRangeRefrigerator
  • A/C: Central Air
  • Heating: Forced Air
  • General: Patio
  • Style: Two Story
  • Other Structures: Patio
  • Roofing: Rubber
  • General: BrickFrame2Slab
  • Originating MLS: SIRA_SIRA
  • County: Jefferson_IN
  • Zoning: ResidentialHistoric DistSplit 011-04015-00 Pt Lots 118 & 119 O T & Pt Ne 1/4 2-3-10 1720 sqft Pt Lot 119 202+ Jefferson Street391302132035000007
  • Water: ConnectedPublic
  • Sewer: Public Sewer
  • Source: SIRA_SIRA

This listing courtesy of F.C. Tucker/Scott Lynch Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lydia Middleton Elementary School

714 W Main St, Madison, IN, 47250

Grades PK-4

0.69 miles away

E

E.O. Muncie Jr/Sr High School

800 Lanier Dr, Madison, IN, 47250

Grades 7-12

2.52 miles away

E

E.O. Muncie Jr/Sr High School

800 Lanier Dr, Madison, IN, 47250

Grades 7-12

2.52 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.