Residential Land with Home for Sale in Madison, Indiana

Very unique opportunity that is less than a half mile from the National Historic landmark town of Madison IN. This includes 5 parcels, 2 parcels have existing homes. 1131 walnut has a shotgun style home with an apartment addition. Home and apartment are in need of renovations. The main home at 1127 was updated about 10 years ago. Both homes have newer roofs within the last 5 years. 1131 has an old house that is in need of major renovation or be razed. 1100 is the garden area behind the two homes. 1137 is a vacant track that is 8.5 acres. Total acreage is just under 10 acres. The very popular Heritage Trail access point is located on Walnut st. This property could have many potential uses given the tourism in Madison. RV parking, Hotel, Short term rental, multi family, etc. Proper zoning and approvals would be needed to make any changes. We have not explored these ideas with planning and zoning , just ideas to add to Madison's rich toursim market.