$724,000
PENDING

10624 N 200 W Alexandria, IN 46001

Estimated payment $4,202/month

Total Views 25,742
4 Beds
1 Bath
1,466 Sq Ft
$494 Price per Sq Ft

Highlights

  • 59.92 Acre Lot
  • Farmhouse Style Home
  • 1 Car Detached Garage
  • Wood Flooring
  • No HOA
  • Eat-In Country Kitchen

About This Home

Madison County Farm with Income Potential! Land for sale in Madison County, Indiana, with this exceptional 60+/- acre farm! Offering a perfect blend of pastoral beauty and practical functionality, this property is ideal for livestock enthusiasts, hobby farmers, or those seeking a peaceful rural retreat. Key Features: Expansive Acreage: Nearly 60 total acres, with over 57 acres meticulously fenced, ready for your cattle or horses. Versatile Land: Currently utilized as lush pasture, this land boasts the potential for conversion back to approximately 30 acres of tillable ground, offering diverse agricultural opportunities. Excellent Road Frontage: Enjoy convenient access from two separate locations along N 200 W, providing ease of entry and exit. Sturdy Barn: A substantial block foundation barn, measuring 35' x 48', features a solid concrete floor and a spacious hay loft of the same dimensions, providing ample storage and workspace. Water Access: A dedicated feedlot with readily available water ensures the well-being of your livestock. Income-Generating Farmhouse: A classic 4-bedroom, 1-bathroom farmhouse currently leased for $750 per month until June 2025, offering immediate income potential. Property Highlights: Ideal for cattle or horse farming. Potential for tillable land conversion. Excellent road access. Large, functional barn. Water at feedlot. Currently producing income. Location: Nestled in the heart of Madison County, Indiana, and less than 3 miles from Alexandria, this farm offers rural living while remaining within easy reach of local amenities. Experience the charm of country life with the convenience you need.

Listing Agent

Chad Renbarger

Mossy Oak Properties Brokerage Email: crenbarger@mossyoakproperties.com License #RB16001466 Listed on: 03/20/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,860

Year Built

  • Built in 1899

Lot Details

  • 59.92 Acre Lot
  • Additional Parcels

Parking

  • 1 Car Detached Garage

Home Design

  • Farmhouse Style Home
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Partial Basement
  • Attic Access Panel

Kitchen

  • Eat-In Country Kitchen
  • Electric Cooktop

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio

Schools

  • Alexandria Monroe Elementary School
  • Alexandria-Monroe Jr./Sr. High Middle School

Utilities

  • Baseboard Heating
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 48-05-23-200-014.000-021
  • Assessor Parcel Number 480523200014000021

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,860

Year Built

Built in 1899

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1899
  • Building Area Total: 1706
  • Garage Y N: Yes
  • Lot Size Acres: 59.92
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Website: https://indianalandandlifestyle.com/property/60-acre-farm-in-madison-county-in-madison-indiana/78199/
  • Accessibility Features YN: No
  • MBR_AttributionContact: crenbarger@mossyoakproperties.com
  • Attribution Contact: crenbarger@mossyoakproperties.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Appliances: Electric Cooktop
  • Levels: Two
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Attic Access, Hardwood Floors, Eat-in Kitchen
  • Living Area: 1466
  • Main Level Bedrooms: 2
  • Eating Area: Other Eating Area
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1116
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Country
  • Upper Level Sq Ft: 350
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 1

Exterior Features

  • Construction Materials: Aluminum Siding
  • Exterior Features: Other
  • Fencing: Perimeter
  • Foundation Details: Block
  • List Price: 724000
  • Patio And Porch Features: Open Patio
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached
  • Garage Sq Ft: 600

Utilities

  • Cooling: None
  • Heating: Baseboard
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Alexandria-Monroe Jr./Sr. High School

Lot Info

  • Property Attached Yn: No
  • Additional Parcels Description: NW 23-21-7 00057.7670A
  • Additional Parcels: Yes
  • Horse Amenities: None, Barn, Paddocks, Pasture
  • Lot Size Sq Ft: 2610115
  • Parcel Number: 480523200014000021
  • Acres: >20 Acres
  • Price Acre: 12083

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2860
  • Tax Lot: 48-05-23-200-014.000-021
  • Semi Annual Property Tax Amt: 1430

MLS Schools

  • Elementary School: Alexandria Monroe Elementary School

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,804 $97,500 $22,300 $75,200
2023 $1,797 $90,200 $21,800 $68,400
2022 $1,685 $88,800 $20,800 $68,000
2021 $1,714 $79,700 $20,200 $59,500
2020 $1,532 $76,000 $19,200 $56,800
2019 $1,549 $76,000 $19,200 $56,800
2018 $1,384 $72,500 $19,200 $53,300
2017 $1,195 $75,900 $19,200 $56,700
2016 $1,149 $73,900 $18,700 $55,200
2014 $1,089 $76,100 $19,400 $56,700
2013 $1,089 $73,900 $19,400 $54,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 Pending -- -- --
03/20/2025 03/20/25 For Sale $724,000 -- $494 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Deed $70,000 --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22027472

MIBOR Broker Listing Cooperative®

APN: 48-05-23-200-014.000-021