Sheldon Barnes
For Sale — 217 E Main Street, Madison, IN 47250217 E Main Street
Madison, Indiana 47250
Fountains
$997,000
Schedule a Showing2
Beds
6
Baths
12,936
Sq Ft
1871
Year Built
0.1
Acres
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Sheldon Barnes can help you tour 217 E Main Street
Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Madison, Indiana and the rest of Hamilton County. Book a private tour of 217 E Main Street in Fountains, ask any question about this home, or talk through what you should know about buying in Madison.
ABOUT THIS HOME
Located in the heart of Madison's downtown historic district, this fully renovated Second Empire-style commercial building (circa 1871) blends timeless character with modern amenities. Positioned in Madison's up-and-coming wedding destination market, the property offers exceptional potential for a wedding venue, private events, retail, bar, restaurant, or mixed-use investment. The main level features two street-level retail spaces with excellent visibility and foot traffic. The second level offers bright, well-designed office suites, while the third level showcases a versatile reception and event space ideal for weddings, gatherings, and corporate events. Elevator access to all levels ensures convenience for tenants and guests. A rare opportunity to own a landmark property that combines historic elegance with income-producing versatility. Offered at $997,000.
Key things to know
- Second empire architecture, circa 1871
- Three revenue-generating levels: retail, office, event space
- Elevator access throughout
- 12,936 sq ft on 0.1 acre downtown lot
- Radiant heating and heat pump cooling
Monthly payment
Estimate · $997,000
$6,149/mo
≈ $5,306 principal & interest · $843 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $199,400 on a loan of $797,600.
Price history
- Listedat $997,000
Jan 14, 2026
Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.
FEATURES & AMENITIES
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$997,000Listed· Jan 14, 2026
7 days on market
Layout
Primary suite
See Remarks
Primary bath
Tub Full with Shower
Schools
Madison Consolidated Schools
Middle
Madison Consolidated Jr High Sch
Neighborhood
- Downtown Indianapolis82.6 mi
- Fishers High School91.4 mi
- Conner Prairie91.5 mi
- Hamilton Southeastern HS92.1 mi
- Hamilton Town Center92.2 mi
- IU Health North Hospital92.4 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
12,936 sq ft
Year Built
1871
Stories
Tri-Level
Subdivision
Fountains
Bedrooms
2
Bathrooms
2 full, 4 half
School District
Madison Consolidated Schools