8038 S US 421 Madison, IN 47250
Madison AreaEstimated payment $392/month
Highlights
- Wood Flooring
- No HOA
- 4 Car Detached Garage
- Corner Lot
- Covered Patio or Porch
- Bungalow
About This Home
Investor opportunity! Situated on a 1.85-acre corner lot, this property offers outstanding potential for renovation, rental income, or future development. The property includes a 40' x 30' pole barn with a concrete floor and electricity, providing excellent storage or workshop space. The home is in need of repairs and is ready for your vision. Sold AS IS. Seller makes no warranties, expressed or implied.
Listing Agent
Coldwell Banker Martin Miller Lamb Brokerage Email: realtorbethterry@gmail.com License #RB14029272 Listed on: 07/28/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $460
Year Built
- Built in 1900
Lot Details
- 1.85 Acre Lot
- Corner Lot
Parking
- 4 Car Detached Garage
Home Design
- Bungalow
- Block Foundation
- Vinyl Siding
Interior Spaces
- 1.5-Story Property
- Paddle Fans
- Basement
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Schools
- South Ripley Junior High School
- South Ripley High School
Additional Features
- Covered Patio or Porch
- Window Unit Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 691820200006000020
Map
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 | $460 | $111,800 | $27,800 | $84,000 |
| 2024 | $406 | $94,100 | $27,800 | $66,300 |
| 2023 | $416 | $94,100 | $27,800 | $66,300 |
| 2022 | $463 | $97,600 | $27,800 | $69,800 |
| 2021 | $578 | $107,900 | $27,800 | $80,100 |
| 2020 | $560 | $107,900 | $27,800 | $80,100 |
| 2019 | $417 | $94,600 | $27,800 | $66,800 |
| 2018 | $403 | $95,800 | $27,800 | $68,000 |
| 2017 | $367 | $94,800 | $27,800 | $67,000 |
| 2016 | $351 | $94,800 | $27,800 | $67,000 |
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 |
|---|---|---|---|---|
| 07/28/2026 07/28/26 | For Sale | $64,900 | -- | $40 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22117138
APN: 69-18-20-200-006.000-020
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Ask me questions while you tour the home.