NOT LISTED FOR SALE

4131 W Interstate Block Rd Madison, IN 47250

Estimated Value: $260,000 - $296,000

2 Beds
1.5 Baths
1,485 Sq Ft
$190/Sq Ft Est. Value

Last Sold March 14, 2025

Last sale price $270,000 $182 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,549/month

44 Days on Market

Highlights

  • Barn
  • Park or Greenbelt View
  • First Floor Utility Room
  • Deck
  • Covered Patio or Porch
  • 1 Car Detached Garage

About This Home

As of March 2025

4131 W Interstate Block Rd is located in beautiful Madison, Indiana—recently named the #1 Small Town in the Midwest by USA Today! Sitting on over 8 serene acres, this 2-bedroom, 1.5-bathroom home is filled with character and timeless appeal. Many updates have been done in recent years including newer HVAC, updated windows, and septic system. This is perfect for those seeking privacy and a peaceful setting, featuring an array of outbuildings and barns with electric, offering endless possibilities for storage and hobbies.
Centrally located, this home combines rustic charm with convenience, making it ideal for anyone looking to escape the busy scene without sacrificing access to the award-winning community of Madison.

Last Agent to Sell the Property

Andrew Phillips

Coldwell Banker Harrell & Asso License #RB17000642 Listed on: 12/16/2024

Coldwell Banker Harrell & Asso

Last Buyer's Agent

Jason Clifton

F.C. Tucker/Scott Lynch Group License #RB24001472

F.C. Tucker/Scott Lynch Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $746

Year Built

  • Built in 1900

Lot Details

  • 8.02 Acre Lot
  • Garden
  • Property is zoned Agri/ Residential

Parking

  • 1 Car Detached Garage

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,485 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • First Floor Utility Room
  • Park or Greenbelt Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Farming

  • Barn

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 390736000001001006

Home Details

Home Type

Single Family

Est. Annual Taxes

$746

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Improvements: 64100
  • Annual Tax: 746
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • Foundation: Crawl Space
  • Land Assessment: 20000
  • Legal Description: 010-01366-01 NE NE 36-4-9 8.0262 AC SURVEY 10-49-35.1 4131 W INTERSTATE BLOCK RD
  • Out Buildings: Garage, Barn(s), Shed
  • Parcel Number: 390736000001001006
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 84100
  • Total Deduction Amnt: 62440
  • Total Finished Square Footage: 1485
  • Type: 1.5 Story
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Crawl Space
  • Above Grade Finished Sq Ft: 1485.00
  • Appliances: Dishwasher, Microwave, Range / Oven, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Utility, Blinds, Ceiling Fan(s), Eat-In Kitchen, Kitchen Island, Walk-In Closet(s)
  • Lot Sq Ft: 349351.20
  • Room Count: 6
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 1485
  • Total Rooms: 4

Exterior Features

  • Exterior Features: Covered Porch, Deck, Thermopane Windows, Vinyl Siding

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

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

Lot Info

  • Acres: 8.0200
  • Lot Description: Garden Area, Park-Like View
  • Zoning: Agri/ Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2020
Closed on
Feb 4, 2021
Sold by
Smith Steven D and Smith Tracy M M
Bought by
Zearing Michael J
Seller's Agent
Nancy Sobeck
F.C. Tucker/Scott Lynch Group
Buyer's Agent
Mark Jenkins
F.C. Tucker/Scott Lynch Group
List Price
$235,000
Sold Price
$190,000
Premium/Discount to List
-$45,000
-19.15%
Current Estimated Value
$281,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,778
Avg. Annual Appreciation
8.77%

Purchase Details

Listed on
Sep 26, 2015
Closed on
Jun 22, 2016
Sold by
Fulton Darla
Bought by
Smith Smith and Smith Tracy M
Seller's Agent
Scott Lynch
F.C. Tucker/Scott Lynch Group
Buyer's Agent
Marjorie Macon
Coldwell Banker Harrell & Asso
List Price
$139,900
Sold Price
$137,400
Premium/Discount to List
-$2,500
-1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%
Source: Public Records

Range of Values:

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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
Zearing Michael J $190,000 Madison Land Title
Smith Smith $154,900 Jefferson County Land Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2025 03/14/25 Sold $270,000 -3.5% $182 / Sq Ft
01/29/2025 01/29/25 Pending -- -- --
12/31/2024 12/31/24 Price Changed $279,900 -3.4% $188 / Sq Ft
12/16/2024 12/16/24 For Sale $289,900 +52.6% $195 / Sq Ft
02/04/2021 02/04/21 Sold $190,000 -7.3% $128 / Sq Ft View Prior Sale
12/24/2020 12/24/20 Pending -- -- --
12/16/2020 12/16/20 Price Changed $205,000 -12.8% $138 / Sq Ft
11/20/2020 11/20/20 For Sale $235,000 +71.0% $158 / Sq Ft
06/23/2016 06/23/16 Sold $137,400 -1.8% $93 / Sq Ft View Prior Sale
04/18/2016 04/18/16 Pending -- -- --
09/26/2015 09/26/15 For Sale $139,900 -- $94 / 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 $710 $102,800 $26,700 $76,100
2023 $746 $101,600 $25,500 $76,100
2022 $784 $99,700 $24,400 $75,300
2021 $647 $89,500 $23,800 $65,700
2020 $635 $89,500 $23,800 $65,700
2019 $630 $90,900 $24,600 $66,300
2018 $602 $91,000 $24,700 $66,300
2017 $586 $90,300 $25,400 $64,900
2016 $557 $90,600 $25,700 $64,900
2014 $1,442 $91,000 $26,000 $65,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2024012815

Southern Indiana REALTORS® Association

APN: 39-07-36-000-001-001-006