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(SOLD) $205,000

  • 4 Beds
  • 1 Baths
  • 1,830 sq. Ft

Property Description for 5048 N SR 62 Madison, IN 47250

Unlock the potential of this charming 4 bedroom home, waiting for someone to infuse it with their personal touch! Nestled on almost 28 acres of countryside, this property offers the quiet of country living but being minutes from town. There is a spacious 24x40 pole barn for all your storage needs. New shingles have been recently put on home. Schedule a showing today to see all that this home has to offer.

Address:5048 N SR 62 Madison IN 47250
Status:Sold
Sold On: 5/16/2024
Price:$250,000
Bedrooms:4 Beds
Bathrooms:1 Full Baths
Sq. Feet:1,830
Year Built:1962
Lot Size:27.85
County: Jefferson
MLS #:1656391
Property Type:Single Family Residence

Lot Dimensions:1213146
Lot Features:0
Utility Options:0, 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25
Building Utilities:Septic System, Public Water
Directions:From Main Street head North on 421. In 3.8 miles make a right at the roundabout. Property will be located on your right in about 2.5 miles.
Abv. Grnd. Sq. Ft. :1,830
Total Sq. Ft. :1,830

Loan Price
$1,154
Price And Interest $1,069/month
Property Tax $0/month
MTG INS $0/month
HOME INS $85/month
Price
$205,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$1,020 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 13.90 x 20.50 First
Bedroom 10.20 x 11.10 First
Bedroom 11.10 x 9.30 First
Other 11.10 x 8.20 First
Kitchen 11.60 x 12.20 First
Dining Room 12.40 x 10.10 First
Bedroom 11.50 x 7.10 First
Family Room 14.40 x 13.20 First
Bedroom 11.10 x 12.10 First

Mandatory HOA Fee:$

Area: 12-Other Counties
City:Madison
Subdivision: NONE
Zip Code:47250

Total Sq. Ft.:1,830
Exterior Features:Porch
Exterior Type:Vinyl Siding
Cool:Wall/Window Unit(s)
Heat:Electric, Other
Total Rooms:9
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Jim Pruett with EXP Realty LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Madison Market Report

214
Avg. DOM
$194.28
Avg. $ / Sq.Ft.
$ 258,000
Med. List Price

The house prices in Madison are not dropping at the moment. There has been a increase in price of $183,546.43. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Madison are going Up. The average house price is $285,000.00 and the average price per square feet is $196.90 per square feet. At the moment, the amount of homes listed is exactly 51 houses, with 21 with active status, 4 with pending status and 26 sold in Madison .

The most popular place to buy a home in Madison is 3906 - Jefferson - Madison. 3906 - Jefferson - Madison is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Madison .

The average amount of property taxes you would have to pay for a home in Madison is $969.71. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Madison are staying listed for an average of 77 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Madison was 1422 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Madison is $798,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Madison is $85,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Madison in year 1833 and the newest built house is in year 9999.

The average size of properties in Madison is 1905.05 sq.ft. , the biggest one being 3986 sq.ft. and the smaller being 600 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.