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$224,900
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Property Description
Located on Madison's Hilltop, this commercial building offers excellent flexibility with Local Business zoning and a layout designed to support a variety of business uses. The building features a large open main area, office, storage room, and an ADA-compliant half bath. The space includes two refrigerators, ice maker, range, stainless steel prep table, and four sinks, including a mop sink, handwashing sink, single basin, and double basin sink. Additional amenities throughout the building include shelving, wall mounts for televisions, and a sound system with ceiling speakers and subwoofer. The storage area offers a washer/dryer hookup, adding convenience for daily operations. Additional features include thermopane windows, a Whirlpool water filtration system, Vivint security system, security cameras (not currently in use), exterior storage shed, and ample on-site parking. This well-equipped and adaptable space is ready for your business!
Full Property Details
Full Property Details for 1402 Bear St
General
- Price: $224,900
- Status: Active
- Type: Commercial
- Source: SE_Indiana
- MLS ID: 206761
- Updated: 1/29/2026
- Added to Site: 12 day(s) ago
Parking
- Other Parking Type: Asphalt, Onsite, Private
Location
- County: Jefferson
- Township: Madison
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Electric, Heat Pump
Utilities
- Gas: None
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Metal Siding
- Roof: Metal
- Stories/Levels: One
- Year Built: 2007
Lot Features
- Lot Size (Acres): 0.31
- Lot Size (Sq. Ft.): 13,504
- Street/Road Desc.: Paved
Disclosures and Reports
- APN: 39-08-21-331-029.000-007
Listed by Exp Realty, Jim Pruett
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Schools
Schools serving 1402 Bear St
School District:Madison Consolidated Schools
| Name | Grades | Distance |
|---|---|---|
Madison Consolidated Jr High School 701 8th Street, Madison, IN 47250 | 6-8 | 0.8 mi |
Anderson Elementary School 2325 Cherry Drive, Madison, IN 47250 | K-5 | 1.5 mi |
Madison Consolidated High School 743 Clifty Drive, Madison, IN 47250 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1402 Bear St
Date
Details
Price
Change
Source
1/29/2026
Listed
$224,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1402 Bear St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,988
—
$99,600
—
2023
$2,988
-9%
$99,600
-9%
2022
$3,267
11%
$108,900
11%
2020
$2,934
-8%
$97,800
—
2019
$3,193
—
$97,800
-10%
2019
$3,193
4%
$109,000
—
2018
$3,067
7%
$109,000
2%
2017
$2,858
15%
$106,600
10%
2016
$2,477
-3%
$96,700
1%
2015
$2,562
3%
$95,400
-3%
2014
$2,485
-4%
$98,500
1%
2013
$2,590
-1%
$97,800
—
2012
$2,620
—
$97,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1402 Bear St
1402 Bear Street, Madison, IN 47250 (MLS# 206761) is a Commercial property. 1402 Bear Street is currently listed for $224,900 and was received on January 29, 2026. Want to learn more about 1402 Bear Street? Do you have questions about finding other Commercial real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.

