9

Madison, IN Homes for Sale under $400,000

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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
  • /39

    $349,900

    • 3 Beds
    • 2 Baths
    • 1,575 Sq Ft

    375 N Hereford Ln, Madison, IN 47250

    Spacious 3 bed, 2 bath all-brick home in one of the most sought-after neighborhoods. Set on a large lot with a fenced yard and a roomy covered back porch, it’s made for both everyday living and weekend relaxing. Inside, the open layout features fresh paint, luxury vinyl plank flooring, and a cozy fireplace.. Want lake life? Join the Hereford Lake Preservation for private access—ideal for fishing,

    Carsha Strouse F.C. Tucker/Scott Lynch Group

    375 N Hereford Ln, Madison, IN 47250
  • /17

    $379,900

    • 3 Beds
    • 3 Baths
    • 2,518 Sq Ft

    124 Cherry Trace, Madison, IN 47250

    Inviting 3-bedroom, 3-bath brick home located in one of Madison’s most desirable neighborhoods. The private backyard is an entertainer’s dream with an in-ground pool and slide, pool house, hot tub, and a 14x14 gazebo—all surrounded by professional landscaping. Inside, you’ll find hardwood floors throughout the main level, tile in the kitchen and baths, and a flexible main-level bedroom currently

    Patrick Lynch F.C. Tucker/Scott Lynch Group

    124 Cherry Trace, Madison, IN 47250
  • /43

    $399,000

    • 4 Beds
    • 2 Baths
    • 2,984 Sq Ft

    410 Mill St, Madison, IN 47250

    Beautiful, spacious, all brick 4 bedroom/2bth (almost 3,000 sq ft/ 2 level) and totally remodeled with amazing stain glass and custom/artistic tile work, laundry/exercise room, workshop, exceptional closet space (including giant walk-in), 4 decorative fireplaces, and meditation/quiet room. "Pull-down" large storage attic (with space to double the other half of the house). Purchased from the

    Scott Lynch F.C. Tucker/Scott Lynch Group

    410 Mill St, Madison, IN 47250
  • /19

    $369,900

    • 1 Bed
    • 1 Bath
    • 6,337 Sq Ft

    316 W Main St, Madison, IN 47250

    Discover this Italianate two-part in a commercial block, constructed circa 1870, brimming with potential for various business ventures or investment opportunities! **Property Highlights** Spacious first floor - Enjoy approximately 3140 sq ft of versatile space, perfect for retail or office use. Flexible Second Floor - Currently utilized for storage, this level can easily be transformed to suit

    Tony Bilz F.C. Tucker/Scott Lynch Group

    316 W Main St, Madison, IN 47250
  • /23

    $399,900

    • 4 Beds
    • 2 Baths
    • 1,584 Sq Ft

    5756 N Sr 62, Madison, IN 47250

    Experience the quiet, quaint country life, but with all the modernamenities! Just 10 minutes from Madison’s hilltop shopping. Onthe market for the first time in a half-century, this classic two-story gabled farmhouse is surrounded by 16+/- acres thatinclude off-road trails and a motocross track; severaloutbuildings, including a woodshed/chicken coop and originalcarriage

    John Demaree F.C. Tucker/Scott Lynch Group

    5756 N Sr 62, Madison, IN 47250
  • /28

    $354,900

    • 4 Beds
    • 2.5 Baths
    • 2,084 Sq Ft

    7526 E Riverside Dr, Madison, IN 47250

    This extraordinary Riverfront property showcases stunning panoramic River views from both inside and outside. IMPORTANT -the historic flood of 2025 did NOT get into the living space of the home. Some water got into the unfinished basement, but has all been cleaned out, so no flood damage. As you step onto the charming porch, you will be impressed by this home. The property sits on a double lot,

    Jackie Armel Greene Coldwell Banker Harrell & Asso

    7526 E Riverside Dr, Madison, IN 47250
  • /27

    $324,900

    • 2 Beds
    • 1.5 Baths
    • 1,584 Sq Ft

    716 W 2nd St, Madison, IN 47250

    This Historic Madison Second Street Home is ready for immediate possession. This freshly painted home in the heart of downtown with hardwood flooring, two fireplaces and a garage for off street parking. The home is located on a one way street in walking distance from dining, shopping, riverfront, heritage trail, festivals and all that Madison has to offer. Kitchen offers a island/breakfast bar

    Brenda Eversole Century 21 River Valley

    716 W 2nd St, Madison, IN 47250

Home Trends in Madison, IN

Housing Trends

Median Sale Price
$240,000
Median Single Family Sale Price
$242,500
Median Townhouse Sale Price
$275,000
Median 1 Bedroom Sale Price
$186,900
Average Price Per Sq Ft
$154
Number of Homes for Sale
40
Last 12 months Home Sales
202
Months of Supply
2.40
Median List Price
$259,900
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
5%
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