An inscription was placed at the entrance of the structure during the repair in the reign of Mahmud II; the inscription also includes the date 1596–1597 (H. 1005) for its foundation.
After the fire of 2 August 1826, the structure was repaired in 1831–1832 (H. 1247).
The fire of 1865 and the subsequent road-regulation works led to the expropriation and demolition of part of the structure.
The report dated 2 September 1914 records the structure as being in a ruined condition and gives the number of cells as eight.
The record dated 19 December 1918 states that the madrasa was occupied by fire victims.
The sebil and the tomb disappeared over time; the structure was neglected for a long period, and its original arrangement was disrupted by interventions.
Restoration was carried out in 2009–2011; the structure was arranged for use as the administrative center of a private foundation.
Prominent Features:
It is also known as Hasan Pasha Madrasa and Hadım Ağa Hasan Pasha Madrasa.
It was established within a small-scale complex arrangement consisting of a masjid, madrasa, fountain, and sebil.
As a rare feature, it is an elevated two-storey madrasa, and there are shops beneath it.
It is located at the tip of a “V”-shaped block between two roads; its cut-stone mass underwent heavy destruction and alteration over time.
Next to the entrance there is a pointed-arched fountain without an inscription; the tughra of Mahmud II is located above the fountain arch.
Some studies raise the possibility of Davud Agha as the architect; the sources do not give a definite name for the architect.