22

Madison, IN Homes for Sale under $400,000

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  • /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
  • /31

    $354,900

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

    7526 E Riverside Dr, Madison, IN 47250

    This beautiful home offers two exceptional features: Stunning river views and direct access to the Ohio River. From the deck, you can enjoy watching boats and barges pass by against the peaceful backdrop of the hills of Kentucky. The property also boasts additional wonderful outdoor amenities, including a fenced yard, a swimming pool, and an additional lot providing plenty of space for enjoyment.

    Jackie Armel Greene Coldwell Banker Harrell & Asso

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

    $359,900

    • 4 Beds
    • 2.5 Baths
    • 2,409 Sq Ft

    3621 W Deputy Pike Rd, Madison, IN 47250

    This gorgeous home features a comfortable layout and incredible space. Located just a few miles from Madison's hilltop, the property offers a beautiful country setting with peaceful views of surrounding farmland from both the front and back covered porches. Inside, the Great Room opens to a well-appointed kitchen featuring high-quality appliances and an island perfect for entertaining. The main

    Jackie Armel Greene Coldwell Banker Harrell & Asso

    3621 W Deputy Pike Rd, Madison, IN 47250
  • /27

    $325,000

    • 2 Beds
    • 1.5 Baths
    • 1,380 Sq Ft

    2816 N Rykers Ridge Rd, Madison, IN 47250

    Charming all-brick home offering 1,380 sq ft of comfortable living space, featuring 2 bedrooms and 1.5 baths. This well-maintained property blends classic character with important modern updates, including a new roof, HVAC system, and flooring—all completed in 2024. Step inside to a warm and inviting living room complete with a fireplace insert and built-in bookcases, perfect for cozy evenings

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

    2816 N Rykers Ridge Rd, Madison, IN 47250
  • /30

    $369,000

    • 3 Beds
    • 1.5 Baths
    • 1,616 Sq Ft

    1225 W Main St, Madison, IN 47250

    Built in 1890, this contributing piece of architecture is in the I-House style with Colonial Revival influence. This property, above all else, boasts almost a half acre of freedom! And, river views. You already have off-street parking, but an accessory structure/garage may easily be designed for the river-side of this property. Currently, the home is move-in-ready. Three bedrooms accompany one

    Jessica Butler

    1225 W Main St, Madison, IN 47250
  • /29

    $399,900

    • 2 Beds
    • 2 Baths
    • 1,674 Sq Ft

    1010 E 1st St, Madison, IN 47250

    Scenic river view and comfortable downtown living in this two year old home. This two bedroom, two bath residence provides a designer kitchen with breakfast bar, granite counter top and tile backsplash. Open concept living and dining area with open staircase to basement. River view from living and dining areas. Large family room walk-out to covered patio and river view. Have your morning coffee

    Brenda Eversole Century 21 River Valley

    1010 E 1st St, Madison, IN 47250
  • /40

    $379,000

    • 3 Beds
    • 1.5 Baths
    • 2,164 Sq Ft

    507 E Main St, Madison, IN 47250

    Historic Federal style home built in 1850 in the heart of historic downtown Madison. Step into a beautifully maintained home by its owners. You will be welcomed by a open staircase, sunny living, and dining rooms with original, restored pine floors. Living room features the orginal fireplace (now decorative) and leaded glass hangings in the front windows. Large kitchen is highlighted with vintage

    Brenda Eversole Century 21 River Valley

    507 E Main St, Madison, IN 47250
  • /21

    $390,000

    • 2 Beds
    • 2 Baths
    • 1,152 Sq Ft

    113 Jefferson St, Madison, IN 47250

    I am pleased to present an exceptional investment opportunity featuring two successful, side-by-side Airbnb properties in the heart of downtown Madison, Indiana. These one-level homes are within walking distance of all downtown amenities and are being offered for sale separately, however the opportunity to purchase 2 successful Airbnb properties side-is-side is very rare!Key highlights of

    Jackie Armel Greene Coldwell Banker Harrell & Asso

    113 Jefferson St, Madison, IN 47250
  • /22

    $399,900

    • 6 Beds
    • 4 Baths
    • 1,950 Sq Ft

    117 Jefferson St, Madison, IN 47250

    I am pleased to present an exceptional investment opportunity featuring two successful, side-by-side Airbnb properties in the heart of downtown Madison, Indiana. These one-level homes are within walking distance of all downtown amenities and are being offered for sale separately, however the opportunity to purchase 2 successful Airbnb properties side-is-side is very rare!Key highlights of

    Jackie Armel Greene Coldwell Banker Harrell & Asso

    117 Jefferson St, Madison, IN 47250
  • /41

    $399,000

    • 4 Beds
    • 2.5 Baths
    • 2,652 Sq Ft

    518 Jefferson St, Madison, IN 47250

    Fully renovated historic Federal-style brick home located in downtown Madison. This two-story property offers 4 bedrooms and 2.5 bathrooms and blends timeless character with modern updates. Features include a spacious open kitchen with new cabinetry, stainless steel appliances, center island with breakfast bar, coffee bar, and butler’s pantry. Main level includes living room, flex room that

    Scott Lynch F.C. Tucker/Scott Lynch Group

    518 Jefferson St, Madison, IN 47250
  • /50

    $330,000

    • 3 Beds
    • 3 Baths
    • 3,312 Sq Ft

    302 Jefferson St, Madison, IN 47250

    This is an opportunity to have a corner mixed-use property in downtown Madison, Indiana, only two blocks from the Ohio River! This property offers over 1600 square feet of space, 3 full bathrooms, 3 bedrooms, an eat in kitchen, and other interpretive rooms! It can become the dreams you’ve had. For those who know Some Came Running, this property is Smitty’s Bar! This property has a secondary

    Jessica Butler

    302 Jefferson St, Madison, IN 47250
  • /32

    $324,900

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

    375 N Hereford Ln, Madison, IN 47250

    Spacious 1,575 sq ft, 3 bedroom, 2 bath all-brick home located in one of the area’s most desirable neighborhoods. Situated on a large lot with a fenced backyard and a covered rear porch, this home offers the perfect blend of comfort and outdoor living. Inside, you’ll find an open floor plan with fresh paint, luxury vinyl plank flooring, and a cozy fireplace that creates a warm and inviting

    Carsha Strouse F.C. Tucker/Scott Lynch Group

    375 N Hereford Ln, Madison, IN 47250
  • /31

    $319,900

    • 3 Beds
    • 1.5 Baths
    • 1,988 Sq Ft

    213 E 4th St, Madison, IN 47250

    This Historic home in the historic district of downtown Madison, IN is move in ready.Minutes away from shopping,restaurants, festivals and our beautiful Ohio River front. Exterior freshly painted by Adkins Painting. Walk into an inviting foyer with staircase. All hardwood floors throughout. Large LR with built in bookcase. Roomy formal DR with faux f/p and built in china cabinet that once was a

    David Jenkins

    213 E 4th St, Madison, IN 47250
  • /40

    $399,900

    • 5 Beds
    • 3 Baths
    • 3,510 Sq Ft

    1421 Cherokee Ct, Madison, IN 47250

    Spacious 5-bedroom, 3-bath home offering comfort, space, and a peaceful setting. The open floor plan features vaulted ceilings, abundant natural light, and two cozy woodburning fireplaces. The kitchen includes granite countertops, a breakfast bar, and plenty of cabinet space for storage. Enjoy multiple living areas including a family room with built-in shelving and a finished basement with

    Nancy Sobeck

    1421 Cherokee Ct, Madison, IN 47250
  • /31

    $335,000

    • 4 Beds
    • 2 Baths
    • 1,988 Sq Ft

    1835 Greenhills Dr, Madison, IN 47250

    Welcome home to this beautifully remodeled gem in the heart of Madison! Located in a desirable neighborhood on Madison's Hilltop, this stunning 4 bedroom, 2 full bathroom home offers 1,988 square feet of thoughtfully updated living space, designed for both comfort and style. Step inside to discover brand-new flooring throughout, fresh modern paint, and an inviting layout perfect for today’s

    Kelsey Shaw F.C. Tucker/Scott Lynch Group

    1835 Greenhills Dr, Madison, IN 47250
  • /41

    $349,000

    • 2 Beds
    • 1.5 Baths
    • 1,774 Sq Ft

    712 E Main St, Madison, IN 47250

    This captivating stone residence, built in 1839, offers a whimsical blend of timeless elegance and modern comfort. Step through the beautiful Dutch door at the front stoop into a sanctuary rich with character and history. Original chestnut and old-growth pine flooring whisper stories of bygone eras throughout the home. The foyer offers an inviting transition, leading to the parlor and dining room

    Jessica Butler

    712 E Main 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
  • /43

    $389,000

    • 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
  • /40

    $393,000

    • 3 Beds
    • 3 Baths
    • 2,850 Sq Ft

    6164 Mckay Rd, Madison, IN 47250

    New Price: $393,000! The Ultimate Privacy! Located close to Vevay (5-7 Miles) and Madison (20 Miles). Nature Lover's Dream! Walking or Quad Trails through many trees. Wildlife galore, Wild Turkeys, Deer, Birds, Fishing Pond, all on 11.59 Wooded Acres. Country Living with a Secluded Location. Includes A Custom Built Rustic 3 BR, 1 Full 2(1/2) Baths 1.5 Story home with Metal Roof (2018) exposed

    Pamela Ginder RE/MAX Advantage 1

    6164 Mckay Rd, 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
  • /27

    $314,900

    • 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 close to dining, shopping, riverfront, heritage trail, festivals and all that Madison has to offer. Kitchen offers a island/breakfast bar and all the

    Brenda Eversole Century 21 River Valley

    716 W 2nd St, Madison, IN 47250
  • /16

    $399,000

    • 2 Beds
    • 1 Bath
    • 1,082 Sq Ft

    109 Central Ave, Madison, IN 47250

    Rare chance to own property directly across from Historic Downtown Madison festival hub Bicentennial Park, and close to the River Walk. This property sits in the heart of the action, offering unparalleled access to all the charm and activities downtown has to offer. The house itself is in need of renovation, but it provides a blank slate for any vision. Whether you dream of restoring the existing

    Alaina Tandy Century 21 River Valley

    109 Central Ave, Madison, IN 47250

Home Trends in Madison, IN

Housing Trends

Median Sale Price
$245,000
Median Single Family Sale Price
$249,900
Median Townhouse Sale Price
$364,500
Average Price Per Sq Ft
$155
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%
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