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For sale
  • Price increase: $25K (3/30)
    $500,000

    231 SW Rutledge St, Madison, FL 32340

    4beds
    3,910sqft
    : 
    Single Family Residence
    Built in 1860
    7,840.8 Square Feet Lot
    $-- Zestimate®
    $128/sqft
    $-- HOA

    What's special

    Four cozy gas fireplacesAttached one-bedroom one-bath apartmentThree spacious bedroomsGenerously sized laundry roomCovered sitting spaceGardening areaIntricate gingerbread trim
    Step into timeless charm with this beautifully maintained Folk Victorian-era home in the heart of Madison, Florida. Rich in character, this stunning property showcases intricate gingerbread trim, gleaming refinished heart-of-pine hardwood floors, and four cozy gas fireplaces that create a warm, inviting atmosphere throughout. The main home offers three spacious bedrooms, two bathrooms, a versatile office or optional fourth bedroom, formal living and dining rooms, and a generously sized laundry room. Thoughtfully updated with a new roof, updated wiring, all-new HVAC systems, fresh exterior paint, and a Generac generator installed in 2025, this home perfectly blends historic elegance with modern convenience. Adding even more value is the attached one-bedroom, one-bath apartment—ideal for guests, rental income, or a private mother-in-law suite. Outside, enjoy a fenced backyard designed for both relaxation and productivity, featuring a gardening area, covered sitting space, and convenient access from both the main house and apartment. A new garage/workshop adds functionality, while the option to purchase the home furnished makes this a truly turnkey opportunity. Located within walking distance to downtown and less than 10 minutes from I-10 and 25 minutes to I-75, this exceptional property offers small-town charm with easy accessibility. This is more than a home—it’s a rare opportunity to own a piece of history with all the comforts of today.
    7 days
    |
    290
    |
    8
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: April 05, 2026 at 11:11pm

    Listed by:

    Sarah Pike 850-673-1292,

    The American Dream

    Source: TBR,MLS#: 397955MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Foyer, Office, Screened Porch, Utility Room
      Primary bedroom
      • Dimensions: 17x14
      Bedroom 2
      • Dimensions: 16x14
      Bedroom 3
      • Dimensions: 16x14
      Bedroom 4
      • Dimensions: 14x12
      Dining room
      • Dimensions: 15x13
      Family room
      • Dimensions: 18x14
      Kitchen
      • Dimensions: 13x6
      Living room
      • Dimensions: 17x14
      Other
      • Dimensions: 14x12
      Heating
      • Central, Fireplace(s)
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Ice Maker, Microwave, Oven, Range, Refrigerator, Washer
      Features
      • High Ceilings, Entrance Foyer, Primary Downstairs
      • Flooring: Hardwood, Tile
      • Has fireplace: Yes
      • Fireplace features: Gas
      Interior area
      • Total structure area: 3,910
      • Total interior livable area: 3,910 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Driveway, Garage, One Car Garage
      • Garage spaces: 1
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: Covered, Porch, Screened
      • Exterior features: Fully Fenced
      • Fencing: Fenced
      • Has view: Yes
      • View description: None
      Lot
      • Size: 7,840.8 Square Feet
      Details
      • Parcel number: 120790000003728000000
      • Special conditions: Standard
      • Other equipment: Generator

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cottage,Craftsman,Two Story,Victorian
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding
      • Foundation: Crawlspace
      Condition
      • Year built: 1860

      Utilities & green energy

      • Sewer: Public Sewer

      Community & HOA

      Community
      • Security: Security System Owned
      • Subdivision: None
      HOA
      • Services included: None
      Location
      • Region: Madison

      Financial & listing details

      • Price per square foot: $128/sqft
      • Tax assessed value: $427,817
      • Date on market: 3/30/2026
      • Cumulative days on market: 7 days
      • Listing terms: Conventional,FHA,VA Loan
      • Road surface type: Paved
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        3/30/2026Price change$500,000+5.3%$128/sqft
        Source: TBR #397955 Report a problem
        1/27/2026Price change$475,000+5.6%$121/sqft
        Source: Owner Report a problem
        1/25/2026Listed for sale$450,000+5.9%$115/sqft
        Source: Owner Report a problem
        7/13/2021Listing removed--
        Source: Owner Report a problem
        7/6/2021Listed for sale$425,000+100.5%$109/sqft
        Source: Owner Report a problem
        3/27/2020Sold$212,000-7.6%$54/sqft
        Source: TBR #309521 Report a problem
        3/18/2020Listing removed$1,250
        Source: A Main Street Realty Co, LLC #315046 Report a problem
        1/30/2020Listed for rent$1,250
        Source: A Main Street Realty Co, LLC #315046 Report a problem
        1/16/2020Price change$229,400-4%$59/sqft
        Source: A Main Street Realty Co, LLC #309521 Report a problem
        8/3/2019Listed for sale$239,000+44.8%$61/sqft
        Source: A Main Street Realty Co, LLC #309521 Report a problem
        6/28/2005Sold$165,000$42/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024-- $234,814 +3%
        2023-- $227,975
        2022-- $227,975 +12.7%
        2021-- $202,354 +41.4%
        2020$2,327 +2.8%$143,097 +2.3%
        2019$2,263 +3.3%$139,880 +1.9%
        2018$2,191 $137,272 -2.7%
        2017$2,191 $141,102 +7.2%
        2016$2,191 +1.4%$131,684 -0.1%
        2015$2,160 -2%$131,787 -0.1%
        2014$2,204 $131,892 -0.1%
        2013-- $131,996 -2.4%
        2012-- $135,250 -5.8%
        2011-- $143,513 -9.8%
        2010-- $159,176 +2.5%
        2009-- $155,329 +0.1%
        2008-- $155,174 +5.5%
        2007-- $147,037 +2.3%
        2006-- $143,671 +150.3%
        2005-- $57,400 +3%
        2004-- $55,728 +1.9%
        2003-- $54,709 -4.1%
        2002-- $57,040 -1.4%
        2001-- $57,862 -5.2%
        2000-- $61,065

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $3,100/mo
        Principal & interest
        $2458
        Property taxes
        $642
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          Climate risks

          Neighborhood: 32340

          Getting around

          54 / 100
          Somewhat Walkable
          49 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Madison County Central School
          • Middle: Madison County
          • High: Madison County High School

          Source: TBR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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