
1127 Walnut St Madison, IN 47250
Estimated payment $1,809/month
Highlights
- Scenic Views
- Creek On Lot
- 1 Car Attached Garage
- Secluded Lot
- Wooded Lot
- 1-Story Property
About This Home
Incredible Opportunity in the Heart of Historic Madison, Indiana! This unique property offers this home situated with four separate parcels, totaling 9.68 ACRES of beautiful southern Indiana landscape. A true blend of partially wooded acreage and open fields, this property is perfect for nature lovers, investors, or those seeking a PRIVATE RETREAT with development potential. Located just moments from the scenic Ohio River, this property captures the charm and outdoor lifestyle Madison is known for. Enjoy the peaceful sound of a creek running along the back of the land, the sitings of the wildlife such as foxes, cardinals, hummingbirds, and even deer! Whether you are envisioning a bed and breakfast, family compound, short-term or long-term rental investment, the POSSIBILITIES ARE ENDLESS. You even have the opportunity to grow a number of things do the rich soil on the property. The Heritage Trail, ideal for walking, running, or biking, begins just down the street, adding a unique lifestyle benefit for future guests or residents. This sale includes four parcels: 1127 Walnut, 1131 Walnut (one parcel), 1100 Walnut, and a land parcel all combined into one rare offering. With the rich history of Madison, a vibrant downtown, and riverfront charm just minutes away, this property offers high desirability. The home at 1131 Walnut street is also available for purchase. Schedule your own private showing today to see what this property has to offer!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,830
Year Built
- Built in 1900
Lot Details
- 9.68 Acre Lot
- Secluded Lot
- Wooded Lot
Parking
- 1 Car Attached Garage
Property Views
- Scenic Vista
- Park or Greenbelt
Interior Spaces
- 1,623 Sq Ft Home
- 1-Story Property
- Wood Burning Fireplace
- Family Room
- Crawl Space
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Creek On Lot
Utilities
- Forced Air Heating and Cooling System
- Window Unit Cooling System
- Gas Available
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 0110272700
Map
Home Values in the Area
Average Home Value in this Area
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 | $848 | $91,500 | $6,100 | $85,400 |
2023 | $1,830 | $91,500 | $6,100 | $85,400 |
2022 | $1,812 | $90,600 | $6,100 | $84,500 |
2021 | $1,674 | $83,700 | $6,100 | $77,600 |
2020 | $1,658 | $82,900 | $6,100 | $76,800 |
2019 | $1,658 | $82,900 | $6,100 | $76,800 |
2018 | $0 | $82,900 | $6,100 | $76,800 |
2017 | $0 | $91,200 | $6,100 | $85,100 |
2016 | $0 | $91,200 | $6,100 | $85,100 |
2014 | -- | $70,900 | $6,300 | $64,600 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/13/2025 08/13/25 | Price Changed | $304,000 | -3.2% | $187 / Sq Ft |
07/15/2025 07/15/25 | Price Changed | $314,000 | -30.1% | $193 / Sq Ft |
07/01/2025 07/01/25 | For Sale | $449,000 | -- | $277 / Sq Ft |
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Source: Southern Indiana REALTORS® Association
MLS Number: 202508962

APN: 39-08-35-113-045-000-007
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