33

Madison, IN Homes for Sale under $300,000

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  • /80

    $300,000

    • 4 Beds
    • 2 Baths
    • 2,154 Sq Ft

    8273 Indiana 56, Madison, IN 47250

    Location is key, and this property sits between two of the "Best Small Midwest Towns in America," according to USA Today. Conveniently located between Madison and Vevay, this versatile 10 acre tract offers a mix of residential, recreational, and small business potential. The parcel features about 1,100 feet of State Road 56 frontage and roughly 100 feet on E Splinter Ridge Road. A paved road that

    Agent Photo

    Brad Garrison

    Whitetail Properties

    (812) 561-6963

    8273 Indiana 56, Madison, IN 47250
  • /93

    $300,000

    • 4 Beds
    • 2 Baths
    • 2,154 Sq Ft

    8273 State Road 56, Madison, IN 47250

    Location is key, and this property sits between two of the Best Small Midwest Towns in America, according to USA Today. Conveniently located between Madison and Vevay, this versatile 10 acre tract offers a mix of residential, recreational, and small business potential. The parcel features approximately 1,100 feet of State Road 56 frontage and about 100+ feet of frontage on E Splinter Ridge Road.

    Agent Photo

    Brad Garrison

    Whitetail Properties Real Estate

    (317) 701-8655

    8273 State Road 56, Madison, IN 47250
  • /44

    $239,500

    • Land
    • 18.23 Acres
    • $13,138 per Acre

    3500 E Lemon Rd, Madison, IN 47250

    Beautiful weekend retreat with a fully usable cabin. This great weekend getaway is perfect for a family camp or the annual deer camp. The off-grid cabin is powered by a generator with inverter/charger battery backup, composting toilet, woodburning stove, mini split AC/heat unit and a 100-gallon cistern tank for water. The property has a nice entrance with a gravel lane and parking. The terrain

    Rob Haubry Geswein Farm & Land Realty, LLC

    3500 E Lemon Rd, Madison, IN 47250
  • /25

    $239,900

    • 3 Beds
    • 2 Baths
    • 2,171 Sq Ft

    1498 N 450 W, Madison, IN 47250

    Have you been looking for an updated farmhouse, yet close to everything?! This is it! This 3 bedroom, 2 bathroom home has been recently updated and is move-in ready! Walk inside to the living room and soak in all of the natural light. Notice that this house has NO carpet! The kitchen features updated white cabinets, granite countertops, and a compliment of appliances. The dining room is a great

    Alicia Powell Lopp Real Estate Brokers

    1498 N 450 W, Madison, IN 47250
  • /19

    $254,900

    • 4 Beds
    • 1 Bath
    • 1,375 Sq Ft

    2073 E Gardner Ln, Madison, IN 47250

    Cozy updated 4 bedroom, 1 bath home on a quiet dead-end street. Beautifully remodeled home with new cabinets, granite countertops, stainless steel appliances, floor coverings, and windows. Private backyard with new wood fencing and firepit. Large 30x24 detached garage with electric and concrete floor. Immediate occupancy!!!

    JR Harrell Coldwell Banker Harrell & Asso

    2073 E Gardner Ln, Madison, IN 47250
  • /14

    $219,900

    • 5 Beds
    • 1.5 Baths
    • 1,596 Sq Ft

    1918 Locust St, Madison, IN 47250

    Clean 5 BR 1.5 BA home short walk to Clifty falls State Park. Recent laminate floors and replacement windows. GFA furnace and C/A 2024. Extra insulation. Seller has not used gas logs in FR and not sure if working. 6 x18.6 building in back yard. new roof in last 5 years.

    David Jenkins

    1918 Locust St, Madison, IN 47250
  • /51

    $210,000 Open House 4/22

    • 3 Beds
    • 2.5 Baths
    • 2,019 Sq Ft

    205 Crestwood Dr, Madison, IN 47250

    AUCTION ends APRIL 27 @ 4 PM! List price is not asking price; it is based on tax assessed values. Property will sell at auction to the highest bidder, subject to owner's confirmation. Charming single-level ranch home features mid-century simplicity, functional floor plan, & classic details throughout. Offers a bright & warm atmosphere showcasing large picture windows & two beautiful

    Brian Beckort Beckort Auctions, LLC

    205 Crestwood Dr, Madison, IN 47250
  • /20

    $279,900

    • 3 Beds
    • 2 Baths
    • 1,934 Sq Ft

    2243 Ross St, Madison, IN 47250

    Welcome home to this beautifully remodeled 3-bedroom, 2 full bath property that blends modern updates with comfortable living. Every detail has been thoughtfully refreshed, making this home truly move-in ready.Step inside to discover a brand-new kitchen featuring updated cabinetry, sleek countertops, and modern finishes—perfect for both everyday living and entertaining. The open flow

    Amy Hopwood-Ralston Coldwell Banker Harrell & Asso

    2243 Ross St, Madison, IN 47250
  • /26

    $274,900

    • 3 Beds
    • 2 Baths
    • 1,668 Sq Ft

    115 Walnut St, Madison, IN 47250

    Built around 1870, this charming 2-story Federal-style brick home is located in the heart of downtown Madison, just half a block from the Ohio River and outside the flood plain. Offering 1,668 sq ft, the home features 3–4 bedrooms and 2 full baths, blending timeless historic character with everyday convenience. Enjoy being within walking distance—or a quick golf cart ride—to local shops, dining,

    Tony Bilz F.C. Tucker/Scott Lynch Group

    115 Walnut St, Madison, IN 47250
  • /25

    $225,000

    • 2 Beds
    • 1 Bath
    • 1,040 Sq Ft

    920 W Main St, Madison, IN 47250

    This charming shotgun-style home blends historic character with thoughtful updates, all wrapped up in a walkable neighborhood setting. Inside, the home features original hardwood floors, and a cozy fireplace, natural light and charm. The updated kitchen allows you to move right in and feel at home! If you’ve been looking for something with character, modern touches, and a location that keeps you

    Robert Gaines Keller Williams Realty Consultants

    920 W Main St, Madison, IN 47250
  • /18

    $269,900

    • 4 Beds
    • 2 Baths
    • 1,792 Sq Ft

    2309 Taylor St, Madison, IN 47250

    All brick 4 bedroom, 2 full bath on the hilltop next to the Junior High School. Fenced-in backyard. New roof in 2024. New windows in 2023, except for the ones in the family room. Remodeled bath in 2025. Detached 2.5-car garage with workshop, insulated and heated. Carport in front.

    Keith Mahoney Century 21 River Valley

    2309 Taylor St, Madison, IN 47250
  • /38

    $235,000

    • 3 Beds
    • 1 Bath
    • 1,084 Sq Ft

    315 Ross St, Madison, IN 47250

    WOW! Completely renovated from top to bottom, this move-in ready home offers peace of mind with major updates already done for you. Featuring 3 bedrooms and 1 full bath, every inch of this home has been thoughtfully updated. Exterior improvements include a 4-year-old metal roof, brand new vinyl siding and soffits, new 6-inch gutters and downspouts, plus all new windows and exterior doors. Inside,

    Scott Bohnert 85W Real Estate

    315 Ross St, Madison, IN 47250
  • /24

    $284,500

    • 3 Beds
    • 2 Baths
    • 1,530 Sq Ft

    303 Golf Ridge Ln, Madison, IN 47250

    Charming Hilltop Ranch Home. Discover this move-in-ready 3-bedroom, 2-bath gem in the desirable Miles Ridge subdivision, nestled on a peaceful dead-end street. This well-maintained 1,560 sq ft ranch, sits on a spacious 0.32-acre fenced lot, offering privacy & room for outdoor enjoyment. Step inside to find a bright, open layout with updated laminate flooring throughout the living areas and tile

    Chris Powell

    303 Golf Ridge Ln, Madison, IN 47250
  • /39

    $268,000

    • 3 Beds
    • 2 Baths
    • 1,868 Sq Ft

    2235 Hargan Dr, Madison, IN 47250

    Welcome HOME to 2235 Hargan Drive. Hilltop Location in Madison, Indiana! This property has never before been offered on the market and features a unique layout with an impressive amount of square footage. The home includes 3 bedrooms, 2 bathrooms, a formal dining room, living room, family room, and an additional bonus room that provides flexible space for your needs. A rare feature of this home

    Casey Kovener-Elkins Kovener & Associates Real Esta

    2235 Hargan Dr, Madison, IN 47250
  • /26

    $229,900

    • 3 Beds
    • 2 Baths
    • 1,985 Sq Ft

    130 Mulberry St, Madison, IN 47250

    Prime downtown Madison investment opportunity! This corner-lot property is ideally located just one block from the Ohio River and beautiful Bicentennial Park. Offering two units — a 1-bedroom, 1 full bath and a 2-bedroom, 1 full bath — this property is perfect for investors, short-term rental potential, or convert to a single family home. Recent big-ticket updates include a 3-year-old roof, two

    Christi Sauley-Kernen F.C. Tucker/Scott Lynch Group

    130 Mulberry St, Madison, IN 47250
  • /41

    $279,900

    • 3 Beds
    • 2 Baths
    • 2,014 Sq Ft

    2301 Blackmore St, Madison, IN 47250

    Welcome to this cozy and inviting 3-bedroom, 2 full bath ranch featuring an open floor plan designed for comfortable living and easy entertaining. The versatile layout offers potential for a 4th bedroom or private in-law suite with its own entrance off the patio—perfect for guests, extended family, or a home office. Kitchen flooring as well as Both full bathrooms were tastefully updated in 2021.

    Penny Koehler F.C. Tucker/Scott Lynch Group

    2301 Blackmore St, Madison, IN 47250
  • /30

    $294,900

    • 2 Beds
    • 2 Baths
    • 1,330 Sq Ft

    718 W 3rd St, Madison, IN 47250

    Built in 2023, this stunning 1,330 sq ft modern home perfectly blends contemporary comfort with the charm of downtown living. Located in the heart of Madison’s historic district, you’ll enjoy being just steps from boutique shops, local restaurants, wineries, and the city’s beloved festivals and year-round events. This newer construction features a bright, open-concept floor plan filled with

    Christi Sauley-Kernen F.C. Tucker/Scott Lynch Group

    718 W 3rd St, Madison, IN 47250
  • /17

    $225,000

    • 2 Beds
    • 1 Bath
    • 904 Sq Ft

    7132 W Sr 256, Madison, IN 47250

    Quaint 2-bedroom, 1-bath home situated on 2 peaceful acres, offering space and versatility both inside and out. The home features a large living room with newer carpet and updated windows that provide great natural light. A full unfinished basement offers excellent storage or potential for future expansion. Outside, you’ll find a nice-sized barn and a detached garage, ideal for equipment,

    Scott Lynch F.C. Tucker/Scott Lynch Group

    7132 W Sr 256, Madison, IN 47250
  • /40

    $239,500

    • 0.5 Baths

    3500 Lemon Rd, Madison, IN 47250

    Beautiful weekend retreat with a fully usable cabin. This great weekend getaway is perfect for a family camp or the annual deer camp. The off-grid cabin is powered by a generator with inverter/charger battery backup, composting toilet, woodburning stove, mini split AC/heat unit and a 100-gallon cistern tank for water. The property has a nice entrance with a gravel lane and parking. The terrain

    Rob Haubry Geswein Farm & Land Realty

    3500 Lemon Rd, Madison, IN 47250
  • /22

    $209,990

    • 3 Beds
    • 1 Bath
    • 1,350 Sq Ft

    2527 Franks Dr, Madison, IN 47250

    This beautifully updated home offers comfort, function, and thoughtful improvements throughout. Major updates completed in summer 2025 include a new HVAC system (inside and out), freshly updated flooring, sealed driveway, and a refreshed kitchen with brand-new appliances. The converted garage now serves as a spacious dining area, adding valuable living space and a large built-in storage closet

    Rachel Avery

    2527 Franks Dr, Madison, IN 47250
  • /24

    $279,900

    • 3 Beds
    • 1 Bath
    • 1,248 Sq Ft

    4510 Vineyard Rd, Madison, IN 47250

    Country living with room to grow! 1248 sq ft home with 1248 sq. ft basement with poured concrete, plumbing and electrical already in place that can be easily finished out for additional living space. This charming 3-bedroom, 1-bath home sits on a peaceful 2.12-acre setting, offering the perfect blend of privacy and potential. The full basement is already plumbed and wired for an additional

    Tony Bilz F.C. Tucker/Scott Lynch Group

    4510 Vineyard Rd, Madison, IN 47250
  • /12

    $225,000

    • 2 Beds
    • 1.5 Baths
    • 1,344 Sq Ft

    715 Walnut St, Madison, IN 47250

    2 story home in the heart of downtown Madison. Located in a community recognized by USA Today as the #1 Small Town in the Midwest, this property perfectly blends timeless character with thoughtful modern updates. The recently renovated kitchen features new cabinetry, updated fixtures, and quality butcher block countertops, creating a warm and inviting space ideal for everyday living and

    Jason Clifton F.C. Tucker/Scott Lynch Group

    715 Walnut St, Madison, IN 47250
  • /23

    $207,000

    • 1 Bed
    • 1 Bath
    • 880 Sq Ft

    3343 E Sr 56, Madison, IN 47250

    RIVER TIME is just ahead of us, and this place is a haven for observing the beauty of it all. And you have access to it! This home is sweet and functionally impressive. This square footage is truly put to work with customizations such as with its two built in Murphy beds. These allow spaces to be convertible for when there's company! The Murphy beds are queen and king size, and these are in rooms

    Jessica Butler

    3343 E Sr 56, Madison, IN 47250
  • /21

    $279,900

    • 3 Beds
    • 2 Baths
    • 1,881 Sq Ft

    413 Johnson Ct, Madison, IN 47250

    Beautiful home Located on Madison's hilltop. Covered front porch for morning coffee on this 1.5 story home on a cul-de-sac close to everything. Living room. Kitchen w/appliances to stay. Formal dining. Main bedroom on first level and 2 bedrooms upstairs, one being used currently as second living area . Utility room w/washer and dryer to stay. Great pergola back deck for entertaining. Fenced in

    Marsha Berna Jack Bridgewater Real Estate

    413 Johnson Ct, Madison, IN 47250
  • /30

    $240,000

    • 4 Beds
    • 1.5 Baths
    • 2,180 Sq Ft

    413 Mill St, Madison, IN 47250

    built in 1848 this brikc and frame 4 br 1.5 BA home is on a quiet street in the heart of downtown Historic Madison, IN Close to schools and shopping. This home has not been on the market in over 50 years. There is an attached shed with alley access pkerfect for storage, hobbies and a golf cart. 8 x 20 covered front porch. Wrought iron fencing(TOD) transfer on death to 3 sons. Selling as is and

    David Jenkins

    413 Mill St, Madison, IN 47250
  • /30

    $249,900

    • 3 Beds
    • 1.5 Baths
    • 2,318 Sq Ft

    312 Baltimore St, Madison, IN 47250

    Step back in time with this all-brick Federal-style home built in 1840, ideally located in historic downtown Madison, Indiana. Rich with character and classic architectural charm, this 3-bedroom, 1 full and 1 half bath residence offers a rare opportunity to restore and personalize a true piece of Madison’s history. The home features timeless brick construction, a detached one-car garage, and a

    Scott Lynch F.C. Tucker/Scott Lynch Group

    312 Baltimore St, Madison, IN 47250
  • /21

    $249,900

    • 2 Beds
    • 2 Baths
    • 1,852 Sq Ft

    2159 Lanier Dr, Madison, IN 47250

    Charming and newly renovated home with fresh paint, updated flooring, and a sleek modern kitchen offers the perfect blend of comfort and functionality. The home offers 2 BD/2BA and a bonus room upstairs that can be a 3rd BD with spacious storage. The unfinished basement offers excellent potential for additional living space, making this home a fantastic opportunity with room to grow. This home

    Tasha Jenkins Century 21 River Valley

    2159 Lanier Dr, Madison, IN 47250
  • /66

    $299,900

    • 3 Beds
    • 1 Bath
    • 1,575 Sq Ft

    6734 N Sr 7, Madison, IN 47250

    Country Living with Convenience! Enjoy the best of both worlds with this brick 3 bedroom, 1.5 bath home situated in a rural setting, yet just 10 minutes from Madison's hilltop and about an hour from both Columbus and Jeffersonville, IN. The home offers multiple living spaces with a living room, family and a sunroom making this great for gatherings. The converted garage now serves as a spacious

    Jim Pruett EXP Realty LLC

    6734 N Sr 7, Madison, IN 47250
  • /22

    $290,000

    • 2 Beds
    • 1.5 Baths
    • 1,021 Sq Ft

    1122 W 2nd St, Madison, IN 47250

    Check out this charming and fully renovated home with a new addition, covered patio and garage in Downtown Historic Madison, Indiana! A traditional Shotgun home converted into more functional living style with solid wood floors, full tile bath and half bath, new kitchen with granite counters and a great courtyard-outdoor living area between the home and garage. This home has all new Roof, HVAC,

    Robin Mingione eXp Realty, LLC

    1122 W 2nd St, Madison, IN 47250
  • /25

    $229,900

    • 3 Beds
    • 1.5 Baths
    • 1,266 Sq Ft

    130 Jessup Ln, Madison, IN 47250

    Looking for a home with a large lot on the City of Madison's hilltop? Here it is! This home has lots of extras and is located on a dead end street with a 0.88 acre (+/-) lot. That home has had many recent updates. The large site also includes a 1 car detached garage with electricity, a 20' x 21' detached 2 car carport with electricity and full RV Hookup with a 19' x 31' concrete pad, water,

    Becky Law

    130 Jessup Ln, Madison, IN 47250
  • /45

    $218,000

    • 3 Beds
    • 2 Baths
    • 1,299 Sq Ft

    2131 Seneca Dr, Madison, IN 47250

    Charming Hilltop Brick Home that backs up to the State Park! This 3 bedroom, 2 bath residence offers a wonderful opportunity to make it your own. The main bedroom includes a private full bath, while the formal dining room, cozy kitchen with second dining area and spacious living room provide plenty of room for everyday living and entertaining. Step out from the living room onto the covered back

    Jim Pruett Exp Realty

    2131 Seneca Dr, Madison, IN 47250
  • /31

    $276,900

    • 2 Beds
    • 2 Baths
    • 1,624 Sq Ft

    957 W Main St, Madison, IN 47250

    Located on Historic Madison's main street. Close to the riverfront, heritage trail, festivals, concerts, shopping and dining. Featuring 2 bedrooms, two updated baths and updated kitchen with granite counter top and all appliances. Possible third bedroom, den or office.Custom made wormy pine flooring from Tiny Timber in entry, kitchen and dining. Large entry from covered porch. 15 x 16 wood

    Brenda Eversole Century 21 River Valley

    957 W Main St, Madison, IN 47250
  • /27

    $299,900 New Construction

    • 3 Beds
    • 2 Baths
    • 1,450 Sq Ft

    3450 N Michigan Rd, Madison, IN 47250

    Beautiful new construction home offering 1,450 sq ft of thoughtfully designed living space. This 3-bedroom, 2 full bath home features an open floor plan connecting the kitchen, dining area, and living room—perfect for everyday living and entertaining. The eat-in kitchen includes stainless steel appliances, abundant cabinet space, a large pantry, and a center island with additional storage

    Tony Bilz F.C. Tucker/Scott Lynch Group

    3450 N Michigan Rd, Madison, IN 47250

Home Trends in Madison, IN

Housing Trends

Median Sale Price
$245,000
Median Single Family Sale Price
$249,249
Median Townhouse Sale Price
$364,500
Average Price Per Sq Ft
$154
Number of Homes for Sale
56
Last 12 months Home Sales
197
Months of Supply
3.40
Median List Price
$274,900
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
8%
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