NOT LISTED FOR SALE

267 E Schafer Ln Madison, IN 47250

Estimated Value: $237,000 - $252,000

3 Beds
2 Baths
2,066 Sq Ft
$119/Sq Ft Est. Value

Last Sold May 15, 2025

Last sale price $240,000 $116 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,319/month

39 Days on Market

Highlights

  • Bonus Room
  • First Floor Utility Room
  • Thermal Windows
  • Covered Patio or Porch
  • 2 Car Garage
  • Eat-In Kitchen

About This Home

As of May 2025

Imagine unlocking the full potential of this incredible one-level home, nestled in a rural setting just minutes from the vibrant hub of Madison! Recent major updates have transformed this property into a cozy "Home Sweet Home" - boasting a beautiful kitchen with new sleek stainless appliances, a newer metal roof, and a 'Man Cave' that's sure to impress. The spacious bedrooms include a generous walk-in closet in the main BR and a nicely updated master bath with a beautiful quality walk-in shower. There is an open kitchen and dining area, perfect for effortless entertaining. The expansive covered porch, stretching across both the front and back of the home, invites relaxation and taking in the country setting. Plus with an attached garage, workshop, and large paved driveway, there's ample space for your RV, boat, or whatever your heart desires. With its separate entrance, this home also offers the perfect opportunity for a mother-in-law suite, college student retreat, or private sanctuary.
Call today and discover the endless possibilities this home has to offer!

Last Agent to Sell the Property

Jackie Armel Greene

Coldwell Banker Harrell & Asso License #RB16000528 Listed on: 03/03/2025

Coldwell Banker Harrell & Asso

Last Buyer's Agent

Mark Jenkins

F.C. Tucker/Scott Lynch Group License #RB14048204

F.C. Tucker/Scott Lynch Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $751

Year Built

  • Built in 1978

Lot Details

  • 0.75 Acre Lot
  • Street terminates at a dead end
  • Landscaped

Parking

  • 2 Car Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Block Foundation
  • Frame Construction
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 2,066 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Window Screens
  • Bonus Room
  • First Floor Utility Room
  • Utility Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Water Softener

Listing and Financial Details

  • Assessor Parcel Number 390811000008000006

Home Details

Home Type

Single Family

Est. Annual Taxes

$751

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Additional Parking: Off Street
  • Annual Tax: 751
  • Appointment: Mandatory
  • Construction: Frame On-Site, Modular
  • Foundation: Concrete Block
  • Legal Description: 010-00201-00 IN NW 11-4-10 .81A 10-12-2.1 235 E 421 SCHAFER LN
  • Out Buildings: Garage
  • Parcel Number: 390811000008000006
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 2066
  • Type: 1 Story
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Crawl Space
  • Above Grade Finished Sq Ft: 2066.00
  • Appliances: Dishwasher, Microwave, Oven Self Clean, Range / Oven, Refrigerator, Water Softener
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Bath Master, Bonus Room, Ceiling Fan(s), Eat-In Kitchen, Pantry, Separate Shower(s), Utility/Mud Room, Walk-In Closet(s)
  • Lot Sq Ft: 32670.00
  • Sewer Type: Sewer
  • Total Sq Ft: 2066

Exterior Features

  • Exterior Features: Covered Porch, Landscaped, Paved Driveway, Porch, Screens, Thermopane Windows, Vinyl Siding

Garage/Parking

  • Garage Type: Attached
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Electric
  • Heat Type: Heat Pump
  • Water Type: Public Onsite

Lot Info

  • Acres: 0.7500
  • Lot Description: Dead End Street
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2019
Bought by
Bickers William Thomas
Current Estimated Value
$246,433
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bickers William Thomas $149,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2025 05/15/25 Sold $240,000 -4.0% $116 / Sq Ft
04/11/2025 04/11/25 Pending -- -- --
03/03/2025 03/03/25 For Sale $249,900 -- $121 / Sq Ft
Source: Southern Indiana REALTORS® Association

Tax History Compared to Growth

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 $341 $72,800 $18,800 $54,000
2023 $752 $73,200 $18,800 $54,400
2022 $650 $68,200 $18,800 $49,400
2021 $597 $63,600 $18,800 $44,800
2020 $497 $57,700 $18,800 $38,900
2019 $477 $57,900 $18,800 $39,100
2018 $511 $58,400 $18,800 $39,600
2017 $444 $57,900 $18,800 $39,100
2016 $421 $58,100 $18,800 $39,300
2014 $457 $57,700 $18,800 $38,900
Source: Public Records

Agents Affiliated with this Home

  • Jackie Armel Greene

    Seller's Agent in 2025

    Jackie Armel Greene

    Coldwell Banker Harrell & Asso

    (812) 599-4668

    146 Total Sales

    Jackie Armel Greene
    Section Image
  • Mark Jenkins

    Buyer's Agent in 2025

    Mark Jenkins

    F.C. Tucker/Scott Lynch Group

    (812) 727-3330

    41 Total Sales

    Mark Jenkins
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202506199

Southern Indiana REALTORS® Association

APN: 39-08-11-000-008-000-006

Indiana Jefferson County Madison 47250

267 E Schafer Ln, Madison, IN

Not Listed for Sale

Detached

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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