Housing
Madison was chosen in 2008 by This Old House to represent Indiana in the "Best Places in the Midwest to Buy An Old House." Below is the description from This Old House online:
The Neighborhood
This Hoosier State town—with 133 blocks of National Register homes and buildings—offers bliss for all walks. Those who like the great outdoors will enjoy Clifty Falls State Park's 1,400 acres. Music lovers will revel in the free bluegrass concerts held monthly at the Jefferson County Fairgrounds. And for wine connoisseurs, Madison Vineyards offers regular tastings. Those who need to work before playing will find King's Daughters' Hospital, Madison's largest employer, providing over 1,000 jobs, as well as the cities of Cincinnati and Louisville less than an hour away. And there's also a great spot here for kids to keep busy: The Lydia Middleton Elementary School recently underwent a $15 million restoration.
The Houses
Styles of architecture include Federal, Greek Revival, Italianate, Second Empire, Gothic Revival, and Arts and Crafts.
The Prices
A shotgun-style Craftsman can be had for less than $100,000; restored Italianates go for three times as much.
Why Buy Now?
Indiana taxpayers receive 20 percent income tax credits on the cost of historic home rehabilitation or preservation.
Among the best for:
Bargains, Families with Kids, Outdoor Enthusiasts, Art Lovers, First-Time Buyers, Craftsman Houses, The Midwest
2006 Total Housing Units: 14,194
Median Value (2000): $85,800
Median Rent (2000): $419
Please visit the National Association of Realtors and search by typing in the zip code 47250.
