$454,900
$5K PRICE DROP

317 Meadow Ln Madison, IN 47250

Estimated payment $2,685/month

Total Views 20,681
5 Beds
3 Baths
2,504 Sq Ft
$182 Price per Sq Ft

Highlights

  • Above Ground Pool
  • Park or Greenbelt View
  • Attic
  • Deck
  • Hydromassage or Jetted Bathtub
  • First Floor Utility Room

About This Home

So many possibilities await you with this lovingly maintained home on over 1 1/2 acres with mature trees and a parklike setting with a decorative pond. This home offers 3 bedrooms, 2 full baths, one with a jetted tub and heated tile floor, living room with a gas fireplace, eat in kitchen with a pantry and granite counter tops, family room with a brick hearth and flue for a wood stove and a utility room in the main living quarters. In addition to the main living area, there is an attached living quarters/guest suite with a kitchen, full bathroom, 2 bedrooms, a living room/play room and it's own front entry and rear entry with a deck. Wait that isn't all! There are front and rear keyless entries on main living quarters doors, 2 - 2+ car detached garages, a blacktop drive with extras parking, a detached storage building, a nice back patio with a hot tub and a 24' above ground pool with a deck. This home is conveniently located within 4 miles of Madison's hilltop area and Clifty Falls State Park, within 4.5 miles from Hanover and within 5 miles of Madison's historic downtown area that was named the #1 Small Town in the Midwest by USA Today 10 Best Readers' Choice Award for 2024. Potted plants will be taken by Seller and some starts off of some perennials will be take by the seller. New Survey Attached. New w/s installed July 2025 also new elements in water heater.

Listing Agent

Becky Law

License #RB14039357 Listed on: 07/11/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,075

Year Built

  • Built in 1961

Lot Details

  • 1.6 Acre Lot
  • Lot Dimensions are 233 x 300
  • Property is zoned Agri/ Residential

Parking

  • 4 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Block Foundation
  • Slab Foundation

Interior Spaces

  • 2,504 Sq Ft Home
  • 1-Story Property
  • Living Quarters
  • Whole House Fan
  • Gas Fireplace
  • Blinds
  • Family Room
  • First Floor Utility Room
  • Park or Greenbelt Views
  • Attic

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Above Ground Pool
  • Deck
  • Patio
  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 390831000002000006

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,075

Year Built

Built in 1961

Lot Details

0

Parking

4

Listing Details

  • Improvements: 188700
  • Additional Parking: Off Street
  • Additional Assessor Parcel Numbers: 390831000003001006
  • Annual Tax: 2075
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Concrete Block, Slab
  • Land Assessment: 22200
  • Legal Description: Tract 1 Part of the NE 1/4, Section 31-4-10 1.378 ac. Tract 2 Being a parcel of the NE 1/4,NE 31-4-10 0.2273 ac
  • Lot Dimensions: 233 x 300
  • Numof Fireplaces: 1
  • Out Buildings: Garage, Shed
  • Parcel Number: 390831000002000006
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 210900
  • Total Deduction Amnt: 100013
  • Total Finished Square Footage: 2504
  • Type: 1 Story
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Above Grade Finished Sq Ft: 2504.00
  • Appliances: Dishwasher, Disposal, Garage Door Opener, Microwave, Oven Self Clean, Range / Oven, Refrigerator, Water Softener
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Fireplace: Gas Burning
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Addl Living Qtrs, Attic/Whole Hs Fan, Bath Master, Blinds, Eat-In Kitchen, Family Room, Jetted Tub, Pantry, Attic
  • Lot Sq Ft: 69696.00
  • Room Count: 14
  • Sewer Type: Sewer
  • Total Sq Ft: 2504
  • Total Rooms: 11

Exterior Features

  • Exterior Features: Deck, Patio, Paved Driveway, Pool - Above Ground
  • Road Frontage: 233

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 4
  • Garage Yn: Yes

Utilities

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

Schools

  • School District: Madison Cons.

Lot Info

  • Acres: 1.6000
  • Lot Description: Park-Like View
  • Zoning: Agri/ Residential

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 $2,049 $209,500 $20,800 $188,700
2023 $2,026 $209,800 $20,800 $189,000
2022 $1,895 $191,600 $20,800 $170,800
2021 $1,718 $176,800 $20,800 $156,000
2020 $1,793 $187,400 $20,800 $166,600
2019 $1,711 $187,600 $20,800 $166,800
2018 $1,636 $187,800 $20,800 $167,000
2017 $1,590 $186,500 $20,800 $165,700
2016 $1,502 $186,700 $20,800 $165,900
2014 $1,464 $182,600 $20,800 $161,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2025 06/06/25 Price Changed $454,900 -1.1% $182 / Sq Ft
11/16/2024 11/16/24 For Sale $459,900 0.0% $184 / Sq Ft
07/23/2024 07/23/24 Off Market $459,900 -- --
07/11/2024 07/11/24 For Sale $459,900 -- $184 / Sq Ft
Source: Southern Indiana REALTORS® Association

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Source: Southern Indiana REALTORS® Association

MLS Number: 202409255

Southern Indiana REALTORS® Association

APN: 39-08-31-000-002-000-006