$300,000

235 E Schafer Ln Madison, IN 47250

Madison Area

Estimated payment $1,728/month

4 Beds
2 Baths
2,074 Sq Ft
$145 Price per Sq Ft

Highlights

  • Porch
  • Patio
  • Shed
  • Eat-In Kitchen
  • Laundry Room
  • Central Air

About This Home

Looking for a property that offers space, privacy, and plenty of possibilities? Welcome to East Schafer Lane in Madison, Indiana! Tucked away on a quiet dead-end road and surrounded by mature trees, this home offers a peaceful setting with the convenience of being just a short drive from downtown Madison, local shopping, dining, schools, and everyday amenities.

The flexible layout features two private entrances, creating options for separate living quarters, multi-generational living, a home office setup, or potential income-producing space. Whether you're searching for a home with room to spread out, space to accommodate changing needs, or a property you can make your own, this one offers versatility in a great Madison location. Enjoy the privacy of the tree-lined setting while staying within easy reach of everything this historic river town has to offer. Come explore the possibilities!
Square footage and room sizes are approximate; buyer to verify.

Listing Agent

Cherronna Jones-Owens

NextHome Wilson Real Estate Brokerage Phone: 812-924-7024 License #RB20000976 Listed on: 09/16/2026

NextHome Wilson Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,633

Year Built

  • Built in 1943

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,074 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Patio
  • Shed
  • Porch

Additional Features

  • 35,371 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 390811000007000006

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,633

Year Built

Built in 1943

Lot Details

0.81 Acres

Parking

2

Listing Details

  • New Construction: No
  • Parcel Number: 390811000007000006
  • Property Sub Type: Residential
  • Property Type: Residential
  • Year Built: 1943
  • LotSizeAcres: 0.812
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2401
  • Directions: I65N to Exit 29, Right onto IN56, Right onto IN56E/W McClain Ave, Slight right onto IN3/IN56E, Left onto IN-56E/IN62 E/Clifty Drive, Turn left onto US421N Turn right onto 421 Schafer LN/East Schafer Lane. 235 Ease Schafer Lane on the left.
  • Above Grade Finished Sq Ft: 2074.0
  • Living Area: 2074.0
  • PropertySubTypeAdditional: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Oven, Range, Refrigerator
  • Basement: No
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Main Level Primary, Pantry, Split Bedrooms
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Total Bedrooms: 11

Exterior Features

  • Exterior Features: Landscaping, Porch, Patio
  • Stories: 1
  • Construction Type: Frame
  • Foundation Details: See Remarks
  • Other Structures: Garage(s), Shed(s)
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

  • Laundry Features: Main Level, Laundry Room
  • Cooling: Central Air
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Madison Cons.

Lot Info

  • Zoning: Residential
  • Lot Size Sq Ft: 35370.72
  • Land Lease Expiration Date: 2027-03-14
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 1633.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,633 $209,400 $19,000 $190,400
2024 $1,512 $177,300 $19,000 $158,300
2023 $1,116 $145,600 $19,000 $126,600
2022 $1,033 $133,200 $19,000 $114,200
2021 $916 $122,900 $19,000 $103,900
2020 $807 $115,400 $19,000 $96,400
2019 $768 $115,400 $19,000 $96,400
2018 $1,978 $115,400 $19,000 $96,400
2017 $758 $114,400 $19,000 $95,400
2016 $714 $114,400 $19,000 $95,400
2014 $716 $114,500 $19,100 $95,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/16/2026 09/16/26 For Sale $300,000 -- $145 / Sq Ft
Source: Southern Indiana REALTORS® Association

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $135,000 --
Source: Public Records

Source: Southern Indiana REALTORS® Association

MLS Number: 2026011732

Southern Indiana REALTORS® Association

APN: 39-08-11-000-007-000-006

Indiana Jefferson County Madison 47250

235 E Schafer Ln, Madison, IN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southern Indiana REALTORS® Association IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.

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Cherronna Jones-Owens
Listing Agent
Cherronna Jones-Owens
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NextHome Wilson Real Estate
(812) 594-6231
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