502 E Main St, Madison, IN 47250 Property Records

Jefferson County property record for 502 E Main St, Madison, IN 47250 · Last verified July 2026

Property Summary

Property TypeCommercial Office
Details1,680 sqft · built 1900
Lot Size0.037 acres (1,620 sqft)
OwnerIndividual Name on File
Last Sale$120,000 (Oct 2020)
Tax Bill$2,103 (2025)
Flood ZoneZone X (minimal risk)
APN39-13-02-124-058.000-007

Property Details

APN / Parcel Number

Primary APN39-13-02-124-058.000-007
Alternative APNs
  • 130212405800011
  • 00509926446
  • 0110357200

Interior

Stories1 Story
Building Area1,680 sqft Total Area
1st Floor Area1,680 sqft

Exterior

Year BuiltBuilt 1900
Effective Year BuiltEffective 1900
Construction TypeWood
Fire ResistanceWood or Wood & Steel Frame
Lot Area1,620 sqft (0.037 acres)
Lot Dimensions60 ft deep x 27 ft wide
TerrainHigh

Utilities, Heating & Cooling

Heating FuelGas
SewerConnected

Location & Zoning

Account Number00509926446
Street Address502 E MAIN ST
CityMADISON
StateIN
Zip47250-3647
Property CategoryCommercial
Property TypeCommercial > Office > Commercial Office
Legal Description011-03572-00 27 BY 60 FT LOT 1 BLK 3 MCI ADD E 11-125-1 502 E MAIN ST
Legal SubdivisionMCI ADD
Legal Block3
Legal Lot Number1
JurisdictionJEFFERSON IN
Township / Civil DivisionMADISON
Census Block Group4
Census Block4024
Census Tract966500

Owner

Source: Jefferson County records · APN 39-13-02-124-058.000-007

Assessment roll updated June 23, 2026 · Last verified July 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordIndividual Name on File
Mailing Address317 W 3RD ST, MADISON, IN 47250-3340
Owner TypeIndividual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleOct 15, 2020 · Amount on Record
Deed SaleOct 15, 2020 · Amount on Record
Record UpdatedSep 20, 2026

Tax Assessment & Valuation

Source: Jefferson County records · Assessment roll updated June 23, 2026 · Last verified July 2026

Property Jurisdictions

TypeName
StateIndiana
CountyJefferson County
County SubdivisionMadison Township
MunicipalityMadison City
Unified School DistrictMadison Consolidated Schools (PK - 12)

Tax Bill & Assessment History

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

YearTax BillAssessed ValueAssessed Market Value
2025$2,103.00 (+16.25%)$70,100 (+16.25%) Land $12,900 Building $57,200$70,100 (+16.25%) Land $12,900 Building $57,200
2024$1,809.00
2023$1,809.00 (-33.32%)$60,300 (+1.01%) Land $12,900 Building $47,400$60,300 (+1.01%) Land $12,900 Building $47,400
2022$2,713.00$59,700 Land $12,900 Building $46,800$59,700 Land $12,900 Building $46,800

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Jefferson County (18077C), updated April 1, 2015 · FEMA OpenFEMA NFIP redacted claims and policies, census block group 180779665004, refreshed September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
Special Flood Hazard AreaNo
Flood HazardMinimal
500-Year FloodplainNo
Flood Insurance CostPremium on Record
median of 4 individual NFIP policies nearby
Nearby Flood Policies4 in force
2 of 4 on primary residences
Nearby Flood Claims14 (1992–2025)
Claims Outside the SFHA3 of 14
Most Recent ClaimApr 2025, river or lake flooding, Severe Storms, Straight-line Winds, Tornadoes, And Flooding
Flood Events
  • Severe Storms, Straight-line Winds, Tornadoes, And Flooding (Apr 2025), 2 claims
  • Severe Storms And Flooding (Feb 2018), 7 claims

Wildfire

Wildfire RiskLow
above 20% of the US · above 73% of Indiana
Wildfire LikelihoodAbout 1 in 10,000 per year
ExposureIndirect
within ember reach

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Historic Designation

Source: NPS National Register of Historic Places · August 1, 2026 release · Last verified October 2026

Historic DistrictWithin the Madison Historic District
listed 1973 · 1,695 contributing resources · National Historic Landmark (designated 2006) · NRIS 73000020

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Nearby Properties on E Main St

Nearby Streets

Search Property Records by Address or Parcel Number