9

Madison, IN Homes for Sale under $200,000

Section Image
  • /11

    $169,000

    • 3 Beds
    • 1.5 Baths
    • 1,240 Sq Ft

    1108 Green Rd, Madison, IN 47250

    Welcome to 1108 Green Road in Madison, Indiana — a beautifully remodeled home that blends modern updates with everyday comfort. This 3-bedroom, 1.5-bath property has been thoughtfully renovated from top to bottom, offering a truly move-in-ready opportunity. Step inside to discover all-new flooring throughout, complemented by fresh paint that creates a bright and inviting atmosphere. The home

    Marla Brennan

    1108 Green Rd, Madison, IN 47250
  • /30

    $168,000

    • 2 Beds
    • 1 Bath
    • 764 Sq Ft

    616 Gerry Ln, Madison, IN 47250

    Hidden gem in the heart of downtown Madison! This freshly painted and renovated 2-bedroom, 1-bath home offers charm and convenience just minutes from shops, dining, and local festivities. The bathroom features a newly tiled, extended walk-in shower. Enjoy the bright sunroom, a private parking space, and a cellar for additional storage. Great opportunity for a primary home, weekend getaway, or

    Rachel Avery

    616 Gerry Ln, Madison, IN 47250
  • /35

    $199,900

    • 4 Beds
    • 2 Baths
    • 1,560 Sq Ft

    2099 E Gardner Ln, Madison, IN 47250

    PRICE IMPROVEMENT - Located in the Rykers Ridge area of Madison, 2099 E Gardner Ln offers 4 bedrooms, 2 full baths, and approximately 1,560 square feet. This home is ready for the next owner to complete remaining improvements and add personal finishing touches. Several updates have been completed within the last 10 years, including a large rear addition that expanded the kitchen to create a more

    Cathy Jackson Schuler Bauer Real Estate Services ERA Powered (N

    2099 E Gardner Ln, Madison, IN 47250
  • /36

    $169,900

    • 3 Beds
    • 1 Bath
    • 960 Sq Ft

    134 W 1st St, Madison, IN 47250

    This classic mid-century modern one story brick home, located on a spacious corner lot features 3 bedrooms, 1 bath with walk in shower, and large living room. The galley style kitchen offers lots of counter space, cabinet storage, a double sink, breakfast nook area, and a view facing over the back yard. Just off the kitchen is a spacious utility room with washer and dryer, water heater, and room

    John Demaree F.C. Tucker/Scott Lynch Group

    134 W 1st St, Madison, IN 47250
  • /11

    $170,000

    • 3 Beds
    • 1 Bath
    • 1,352 Sq Ft

    592 N Minor Ln, Madison, IN 47250

    Opportunity awaits in the desirable Hilltop area of Madison! This 3-bedroom, 1-bath home offers great potential for buyers looking to add value with a little TLC. Featuring a functional layout and solid bones, this property is ideal for investors, renovators, or owner-occupants ready to make it their own. Located just minutes from historic downtown Madison, shopping, dining, schools, and parks.

    Stephannie Wilson NextHome Wilson Real Estate

    592 N Minor Ln, Madison, IN 47250
  • /37

    $190,000

    • 4 Beds
    • 2 Baths
    • 1,672 Sq Ft

    1820 Meridian St, Madison, IN 47250

    Excellent investment opportunity in Madison! This residential duplex features two separate units, each offering 2 bedrooms and 1 full bath. One unit is currently vacant, providing immediate potential for owner-occupancy or market-rate rental, while the other unit is tenant-occupied, offering built-in income.The property will need some TLC, making it a great value-add opportunity for investors

    Stephannie Wilson NextHome Wilson Real Estate

    1820 Meridian St, Madison, IN 47250
  • /33

    $180,000

    • 5 Beds
    • 1.5 Baths
    • 1,404 Sq Ft

    2323 Seneca Dr, Madison, IN 47250

    Discover a spacious 5 bedroom brick home on Madison's desirable hilltop, offering flexibility and room to grow. One of the bedrooms can easily serve as a family room or second living space, giving you options to fit your lifestyle. The main bedroom includes its own half bath for added convenience. Recent updates include a new HVAC system, new gas water heater, and attic insulation completed in

    Jim Pruett EXP Realty LLC

    2323 Seneca Dr, 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

    707 Walnut St, Madison, IN 47250
  • /9

    $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

    Candice Fulk McDole Century 21 River Valley

    822 Green Rd, Madison, IN 47250

Home Trends in Madison, IN

Housing Trends

Median Sale Price
$243,900
Median Single Family Sale Price
$249,399
Median Townhouse Sale Price
$330,000
Average Price Per Sq Ft
$153
Number of Homes for Sale
54
Last 12 months Home Sales
197
Months of Supply
3.30
Median List Price
$274,900
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
9%
How to Buy a Home How to Finance a Home How to Sell a Home