14

Madison, IN Homes for Sale under $200,000

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  • /40

    $164,900

    $10K PRICE DROP
    • 4 Beds
    • 1 Bath
    • 2,400 Sq Ft

    1037 W Main St, Madison, IN 47250

    Wow! This home is so cool with river views and tons of exposed brick! Walk to downtown Madison shops and restaurants! Bring your imagination and your tools! This property is ready for your vision to finish! Potential for 4 bedrooms and 2 full bathrooms spread over the main 2 floor and the walk out basement! There is 2500 sf under one roof! Spiral staircase to the 2nd floor! There's so much

    Agent Photo

    Chris Koerner

    Property Advancement Realty

    1037 W Main St, Madison, IN 47250
  • /6

    $45,000

    • Land
    • 4,356 Sq Ft
    • $450,000 per Acre

    801 Gerry Ln, Madison, IN 47250

    One bedroom, one bath, wood frame structure on the property. Assessor information shows 495 Sq ft. Property is inhabitable, but possibilities of a Pace Grant. Sold "As Is"

    Brenda Eversole Century 21 River Valley

    801 Gerry Ln, Madison, IN 47250
  • /2

    $90,000

    • Land
    • 10,890 Sq Ft
    • $360,000 per Acre

    606 Green Rd, Madison, IN 47250

    High traffic, commercial location on Madison's hilltop. All city utilities available. Zoned General Business. One parcel.

    Scott Lynch F.C. Tucker/Scott Lynch Group

    606 Green Rd, Madison, IN 47250
  • /20

    $147,500

    • Land
    • 15.93 Acres
    • $9,259 per Acre

    2464 E State Rd 62, Madison, IN 47250

    Tucked away in the rolling hills of Southern Indiana, this nearly 16-acre property offers the perfect combination of privacy, natural beauty, and convenience. A landscaped driveway welcomes you onto the property where you'll discover mature woods, a beautiful waterfall, and a peaceful creek that make this property feel like your own private retreat. Follow the trail up to the cleared hilltop,

    Angela Summerlot Indiana Gold Group

    2464 E State Rd 62, Madison, IN 47250
  • /42

    $149,900

    • 2 Beds
    • 1 Bath
    • 896 Sq Ft

    7583 E Riverside Dr, Madison, IN 47250

    Peaceful river retreat with plenty of space to relax and enjoy the outdoors. This open-floor-plan home features a completely remodeled kitchen, new flooring, a metal roof, and dual oversized mini-splits for efficient heating and cooling. Outdoor living shines with a new front porch that adds great curb appeal and extra space to unwind, along with a front gazebo equipped with electric. Imagine

    Zach Howard Schuler Bauer Real Estate Services ERA Powered (N

    7583 E Riverside Dr, Madison, IN 47250
  • /3

    $127,000

    • Land
    • 6,534 Sq Ft
    • $846,667 per Acre

    887 Vine St, Madison, IN 47250

    Rare opportunity to own an extra-large residential lot in downtown Madison! Tucked away on a quiet dead-end street with only four neighboring homes, this private setting offers a unique blend of seclusion and convenience. Mature trees provide abundant shade and natural beauty, while a small creek along the rear of the property adds to its charm. The lot is approved for a manufactured home, making

    Scott Lynch F.C. Tucker/Scott Lynch Group

    887 Vine St, Madison, IN 47250
  • /9

    $175,000

    $24K PRICE DROP
    • 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

    Candice Fulk McDole Century 21 River Valley

    822 Green Rd, Madison, IN 47250
  • /19

    $194,000

    $3K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 864 Sq Ft

    2510 Franks Dr, Madison, IN 47250

    Conveniently located on Madison's hilltop, this charming 2 bedroom, 1 bath home offers a fenced backyard, 2 car garage, and easy access to shopping, dining, and everyday conveniences. Whether you're searching for your first home or ready to downsize, you'll love the combination of comfort, outdoor space, and location. Offering both convenience and functionality in a desirable location, this home

    Ellen Stevens eXp Realty, LLC

    2510 Franks Dr, Madison, IN 47250
  • /37

    $189,900

    • 2 Beds
    • 1 Bath
    • 880 Sq Ft

    3343 E Sr 56, Madison, IN 47250

    Wake up to breathtaking views of the Ohio River in this charming riverfront retreat just minutes from historic downtown Madison. Nestled against a wooded hillside, this unique property offers the perfect blend of privacy, character, and waterfront living with direct river access for boating, fishing, kayaking, or simply enjoying life on the water. Inside, you'll find timeless character with

    Jesse Allen SEGREST FLAHERTY REAL ESTATE G

    3343 E Sr 56, Madison, IN 47250
  • /40

    $184,000

    $5K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,120 Sq Ft

    716 Walnut St, Madison, IN 47250

    Step into timeless charm with this beautifully renovated 2-bedroom, 1-bath cottage-style in the heart of Historic DowntownMadison. Built ca. 1930 by a local millworker, this home blends original character with modern updates. The covered porchshelters the front door, which opens into a foyer with a coat closet, and a spacious living room featuring a cozy fireplace.Enjoy refinished

    John Demaree F.C. Tucker/Scott Lynch Group

    716 Walnut St, Madison, IN 47250
  • /21

    $199,900

    • 1 Bed
    • 1 Bath
    • 1,040 Sq Ft

    512 E Main St Unit 1, Madison, IN 47250

    Experience downtown living at its finest in this sunny first-floor condo located in a beautiful historic building on Main Street in Madison. Offering approximately 1,000 square feet, this charming condo features soaring 12-foot ceilings throughout, creating a bright and spacious atmosphere. The large one-bedroom, one-bath layout includes a walk-in shower, inviting family room with a fireplace,

    Patrick Lynch F.C. Tucker/Scott Lynch Group

    512 E Main St Unit 1, Madison, IN 47250
  • /13

    $189,900

    • 2 Beds
    • 1 Bath
    • 630 Sq Ft

    1041 W Main St, Madison, IN 47250

    TERRIFIC SECOND HOME OR WEEKEND PLACE IN HISTORIC DOWNTOWN MADISON,IN. FORMERLY COZY COTTAGE AIR B&B. CLOSE TO THE HERITAGE TRAIL, DOWNTOWN SHOPPING, CLIFTY FALLS STATE PARK OR THE OHIO RIVER FRONT. GREAT OPPORTUNITY! SUBJECT TO SELLER CLOSING ON A SPECIFIC HOME THAT THEY CURRENTLY HAVE AN ACCEPTED OFFER. SELLERS ARE LEAVING MUCH OF THE PERSONAL PROPERTY BUT PLESASE SEE ATTACHMENT WITH THAT LIST.

    David Jenkins

    1041 W Main St, Madison, IN 47250
  • /14

    $185,000

    $24K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,296 Sq Ft

    904 E 2nd St, Madison, IN 47250

    This charming home on a corner lot is perfectly positioned in the heart of downtown Madison, just minutes from the bridge and all the activities this vibrant community is known for. Enjoy the convenience of walkable living while still having your own private retreat.This home features hardwood and tile flooring, a dining room, and a layout ideal for everyday living and entertaining. The

    Pamela Adam eXp Realty, LLC

    904 E 2nd St, Madison, IN 47250
  • /14

    $129,000

    • 903 Sq Ft

    707 Walnut St, Madison, IN 47250

    Open to interpretation!! How shall this property be finished? The preservation organization succeeded in stabilizing and beatifying its original footprint! This cottage needs to be made cozy by an individual ready to give it its layout and design. There are preservation covenants, held by Indiana Landmarks, with this property.

    Jessica Butler Legacy Land Use & Realty

    707 Walnut St, Madison, IN 47250

Home Price Trends

Median Sale Price
$245,000
Median Single Family Sale Price
$249,900
Median Townhouse Sale Price
$344,950
Median 2 Bedroom Sale Price
$208,475
Median 1 Bedroom Sale Price
$197,450
Average Price Per Sq Ft
$158
Number of Homes for Sale
57
Last 12 months Home Sales
188
Months of Supply
3.60
Median List Price
$274,900
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
7%
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