8273 Indiana 56 Madison, IN 47250
Estimated payment $1,697/month
Total Views
11
4
Beds
2
Baths
2,154
Sq Ft
$139
Price per Sq Ft
Highlights
- Home fronts a creek
- Mature Trees
- Farmhouse Style Home
- View of Trees or Woods
- Wood Flooring
- No HOA
About This Home
Location is key, and this property sits between two of the "Best Small Midwest Towns in America," according to USA Today. Conveniently located between Madison and Vevay, this versatile 10 acre tract offers a mix of residential, recreational, and small business potential. The parcel features about 1,100 feet of State Road 56 frontage and roughly 100 feet on E Splinter Ridge Road. A paved road that once served as the main highway now winds privately through the property, creating a unique paved drive for walking, biking, or vehicle access. Originally built in 1900, the historic home reflects craftsmanship from its era, still visible in portions of the rafters and framing. The residence has been improved with a new HVAC system, furnace, water filtration system, roof, windows, and kitchen cabinets. There are four bedrooms according to County GIS plus 2 bathrooms and a laundry room. There are several other rooms for storage or office use. The property also includes barns and outbuildings suitable for equipment storage, workshops, or other uses. The tract adjoins Splinter Ridge Fish and Wildlife Area, providing access to an additional 127 acres of public hunting and recreation ground. Several mature deer have been harvested as wildlife move along the wooded hillsides and nearby crop fields. Lower portions of the property feature native Pawpaw trees, while mature Oak, Maple, Hickory, and Sycamore cover the upper canopy. Outdoor recreation continues beyond the property, with nearby public ramps to the Ohio River and Indian-Kentuck Creek for fishing, boating, and waterfowl hunting. The location offers quick access to shopping and dining in Madison and Vevay, with Belterra Casino and multiple golf courses within an hour's drive. The Milton-Madison Bridge provides easy access into Kentucky, just ten minutes away. This property's combination of versatility, accessibility, and recreation potential makes it a standout in southeastern Indiana.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,422
Year Built
- Built in 1900
Lot Details
- 10 Acre Lot
- Home fronts a creek
- Rural Setting
- Mature Trees
- Wooded Lot
Parking
- 1 Car Detached Garage
Property Views
- Woods
- Creek or Stream
- Forest
- Rural
Home Design
- Farmhouse Style Home
- Stone Foundation
- Wood Siding
Interior Spaces
- 3-Story Property
- Formal Dining Room
- Unfinished Basement
- Exterior Basement Entry
- Electric Oven
- Laundry Room
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Outdoor Storage
Schools
- Madison Consolidated Jr High Sch Middle School
Utilities
- Central Air
- Well
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 39-11-07-000-003-001-008
- Assessor Parcel Number 391107000003001008
Map
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Home Values in the Area
Average Home Value in this Area
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 | $747 | $100,900 | $23,500 | $77,400 |
| 2023 | $1,907 | $100,300 | $22,900 | $77,400 |
| 2022 | $137 | $100,300 | $22,300 | $78,000 |
| 2021 | $450 | $91,800 | $22,000 | $69,800 |
| 2020 | $22 | $91,800 | $22,000 | $69,800 |
| 2019 | $31 | $92,300 | $22,400 | $69,900 |
| 2018 | $293 | $92,200 | $22,300 | $69,900 |
| 2017 | $287 | $91,400 | $22,600 | $68,800 |
| 2016 | $276 | $91,700 | $22,800 | $68,900 |
| 2014 | $223 | $86,900 | $22,900 | $64,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/07/2025 11/07/25 | For Sale | $300,000 | -- | $139 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $60,000 | -- |
Source: Public Records
About the Listing Agent
Brad Garrison is a husband, father, and land specialist who brings a unique blend of life experience, discipline, and outdoor knowledge to real estate. Before beginning his career in land sales, Brad spent 10 years as a police officer, serving in specialized units such as SWAT and Hostage Negotiation, where he developed a strong commitment to service, integrity, and clear communication.
Brad’s commitment to his clients has led to rapid success in real estate. In 2024, he earned the
Brad's Other Listings
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22072500
APN: 39-11-07-000-003-001-008
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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