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130 Mulberry Street, 
Madison, IN 47250

$255,000


3

Beds


2

Baths


1,985

Sq Ft


Single Family

Active

Listed by

Christi Sauley-Kernen

F.C. Tucker/Scott Lynch Group

812-265-3122

Last updated:

March 2, 2026, 11:46 PM

MLS#

202606294

Source:

IN SIRA

About This Home

130 Mulberry Street

Prime downtown Madison investment opportunity! This corner-lot property is ideally located just one block from the Ohio River and beautiful Bicentennial Park. Offering two units — a 1-bedroom, 1 full bath and a 2-bedroom, 1 full bath — this property is perfect for investors, short-term rental potential, or convert to a single family home. Recent big-ticket updates include a 3-year-old roof, two brand-new water heaters (only 4 months old), and furnaces that are just 4 years old — helping reduce near-term maintenance costs. Enjoy walkable access to local shops, dining, riverfront views, and all that historic downtown Madison has to offer. A turnkey opportunity in a highly desirable location!

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 1900

Price Summary

255,000

$128 per Sq. Ft.

MLS #:

202606294

Last Updated:

March 2, 2026, 11:46 PM

Added:

5 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,985 Sq. Ft.


Structure

Structure

Architectural Style:

One Story

Building Area:

1,985 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

7,056


Finances & Disclosures

Finances

Price:

$255,000

Price per Sq. Ft:

$128 per Sq. Ft.

Source:IN SIRA
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.