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Madison, IN Homes under $200,000

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    $199,000

    • 5 Beds
    • 2 Baths
    • 2,500 Sq Ft

    822 Green Rd, Madison, IN 47250

    Large home with many options, located across from the Sports Complex on Madison’s hilltop. Large bedrooms with room to grow. Close to schools, shopping, and downtown. This property has many possibilities- come take a tour and put your imagination to work…investment property or family home. Updates include: New roof (2023), Floor joist repairs, new duct work, and new laminate flooring throughout.

    Candice Fulk McDole Century 21 River Valley

    822 Green Rd, Madison, IN 47250
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    $199,900

    • 2 Beds
    • 1 Bath
    • 1,312 Sq Ft

    2110 Allen St, Madison, IN 47250

    **Charming Hilltop Retreat Awaits You!**Discover this 2-bedroom, 1-bathroom stone home, perfectly situated on a picturesque corner lot in the desirable Madison Hilltop area. With its stunning leaded glass front door and hardwood floors throughout, this residence exudes warmth and character.Enjoy the serenity of mature trees surrounding the property, offering privacy and a natural retreat. The

    Tony Bilz F.C. Tucker/Scott Lynch Group

    2110 Allen St, Madison, IN 47250
  • /16

    $199,900

    • 3 Beds
    • 1 Bath
    • 1,296 Sq Ft

    3405 N Quail Dr, Madison, IN 47250

    Recently updated home sitting on a corner lot. Features 3 bedrooms, 1 bath with a deck overlooking a large backyard. All kitchen appliances remain, as well as the washer and dryer. The one-car garage has been converted into an additional living space.

    Keith Mahoney Century 21 River Valley

    3405 N Quail Dr, Madison, IN 47250
  • /16

    $189,000

    • 3 Beds
    • 1 Bath
    • 960 Sq Ft

    1507 Bear St, Madison, IN 47250

    Very clean 3BR 1 Full BA home with may updates. Corner lot and 1 car attached garage. Out building. All new flooring, new paint, new light fixtures. All new bathroom w/ new vanity, new toilet, and tub/shower surround. Nice K with lots of cherry cabinets. Roof approximately 12 years old.

    David Jenkins

    1507 Bear St, Madison, IN 47250
  • /11

    $179,900

    • 3 Beds
    • 1 Bath
    • 1,230 Sq Ft

    1624 Oak Hill Dr, Madison, IN 47250

    Move in ready 3 bedroom 1 bath home. Centrally located with 2 nice decks, a shed, and 1 car attached garage. Hardwood floors in all 3 bedrooms. This home is ready for you!!!

    JR Harrell Coldwell Banker Harrell & Asso

    1624 Oak Hill Dr, Madison, IN 47250
  • /22

    $159,900

    • 3 Beds
    • 2 Baths
    • 1,200 Sq Ft

    508 W State St, Madison, IN 47250

    Unlock the potential of this versatile property on Madison's Hilltop! Whether you're looking for a residential home, a commercial space, or a combination of both, this prime location offers endless possibilities. The main level is currently set up as an apartment, featuring a cozy living room, kitchen, dining area, bedroom, full bath, and utility room. Upstairs, you'll find two additional

    Jim Pruett Exp Realty

    508 W State St, Madison, IN 47250
  • /10

    $199,900

    • 2 Beds
    • 1 Bath
    • 940 Sq Ft

    313 E 4th St, Madison, IN 47250

    Cozy 2-Bedroom 1 Bathroom home in downtown Madison! Conveniently located, you're just minutes from shops, dining, and the riverfront. Featuring a warm and inviting living space and a low-maintenance yard, even has potential for off street parking.

    Andrew Phillips Coldwell Banker Harrell & Asso

    313 E 4th St, Madison, IN 47250
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    $199,900

    • 2 Beds
    • 1.5 Baths
    • 1,504 Sq Ft

    930 W 1st St, Madison, IN 47250

    Great opportunity. Close to shopping, entertainment and festivals! 2 BR 1.5 BA brick home on a corner lot in nice neighborhood. Roof 2009 w/h 2009. Nice shop area in basement. Selling as is. inspections welcome. As is Addendum needed when submitting an offer.

    David Jenkins

    930 W 1st St, Madison, IN 47250

Home Trends in Madison, IN

Housing Trends

Median Sale Price
$227,500
Median Single Family Sale Price
$230,000
Median 1 Bedroom Sale Price
$217,950
Average Price Per Sq Ft
$156
Number of Homes for Sale
45
Last 12 months Home Sales
247
Months of Supply
2.20
Median List Price
$249,900
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
1%
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