$257,500
SOLD MAR 28, 2025

5929 N Sr 7 Madison, IN 47250

3 Beds
1.5 Baths
1,300 Sq Ft
0.6 Acres

Recently Sold

$198 Per Sq Ft

14% Below List Price

35 Days on Market

Highlights

  • Panoramic View
  • Covered Patio or Porch
  • Thermal Windows
  • Open Floorplan
  • 1 Car Garage
  • Shed

About This Home

As of March 2025

Incredible opportunity in Madison, IN! This unique property includes two 3-bedroom, 2-bathroom homes on 1.2 acres (two parcels). The main home offers a well-designed layout with comfortable living spaces and a deck out back—perfect for enjoying the outdoors. The second home provides additional space for a variety of potential uses. A fully equipped body shop is also located on the property, offering great workspace or business potential. With multiple structures and ample acreage, this property provides versatility and value all for one price! Schedule a showing today to explore everything this property has to offer!

Last Agent to Sell the Property

Bud McQuillen

Lopp Real Estate Brokers License #RB18001615 Listed on: 01/30/2025

Co-Listed By

Todd Paxton

Lopp Real Estate Brokers License #RB14033891

Last Buyer's Agent

Jim Pruett

eXp Realty, LLC License #RB14034779

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $215

Year Built

  • Built in 1978

Lot Details

  • 0.6 Acre Lot
  • Landscaped

Parking

  • 1 Car Garage
  • Driveway

Property Views

  • Panoramic
  • Scenic Vista
  • Park or Greenbelt

Home Design

  • Frame Construction

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Thermal Windows
  • Window Screens
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Ceramic Tile in Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 0050050100

Home Details

Home Type

Single Family

Est. Annual Taxes

$215

Year Built

Built in 1978

Lot Details

0

Parking

1

Listing Details

  • Annual Tax: 215
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • Foundation: Crawl Space
  • Legal Description: 005-00501-00 FIVE POINTS LOT 7 5-27-7 5929 N SR 7 & 005-00500-00 FIVE POINTS LOT 6 5 -27-6 5907 N SR 7
  • Out Buildings: Garage, Shed, Other
  • Parcel Number: 0050050100
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 1300
  • Type: 1 Story
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Crawl Space
  • Above Grade Finished Sq Ft: 1300.00
  • Appliances: Dishwasher, Microwave, Range / Oven, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Master, Ceiling Fan(s), Ceramic Bath, Open Floor Plan
  • Lot Sq Ft: 26101.15
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 1300

Exterior Features

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

Garage/Parking

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

Utilities

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

Lot Info

  • Acres: 0.5992
  • Lot Description: Panoramic View, Park-Like View, Scenic View
  • Zoning: Residential

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2025 03/28/25 Sold $257,500 -14.1% $198 / Sq Ft
03/06/2025 03/06/25 Pending -- -- --
02/26/2025 02/26/25 For Sale $299,900 0.0% $231 / Sq Ft
02/26/2025 02/26/25 Pending -- -- --
01/30/2025 01/30/25 For Sale $299,900 -- $231 / 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 $219 $95,700 $10,000 $85,700
2023 $215 $95,700 $10,000 $85,700
2022 $211 $94,800 $10,000 $84,800
2021 $207 $87,500 $10,000 $77,500
2020 $202 $86,500 $10,000 $76,500
2019 $199 $86,500 $10,000 $76,500
2018 $195 $87,600 $10,000 $77,600
2017 $191 $86,700 $10,000 $76,700
2016 $187 $86,700 $10,000 $76,700
2014 $180 $84,000 $10,000 $74,000
Source: Public Records

Agents Affiliated with this Home

  • Bud McQuillen

    Seller's Agent in 2025

    Bud McQuillen

    Lopp Real Estate Brokers

    (812) 216-0042

    90 Total Sales

    Bud McQuillen
    Section Image
  • Todd Paxton

    Seller Co-Listing Agent in 2025

    Todd Paxton

    Lopp Real Estate Brokers

    (812) 989-9065

    435 Total Sales

    Todd Paxton
    Section Image
  • Jim Pruett

    Buyer's Agent in 2025

    Jim Pruett

    eXp Realty, LLC

    (812) 274-0660

    363 Total Sales

    Jim Pruett
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202505543

Southern Indiana REALTORS® Association

APN: 39-07-01-100-007-000-014

Indiana Jefferson County Madison 47250

5929 N Sr 7, 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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