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$459,900

317 Meadow Lane Madison, IN  47250

  • 5 Beds
  • 3 Baths
  • 2,504 sq. Ft

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Property Description for 317 Meadow Lane Madison, IN 47250

So many possibilities await you with this lovingly maintained home on over 1 1/2 acres with mature trees and a parklike setting with a decorative pond. This home offers 3 bedrooms, 2 full baths, one with a jetted tub and heated tile floor, living room with a gas fireplace, eat in kitchen with a pantry and granite counter tops, family room with a brick hearth and flue for a wood stove and a utility room in the main living quarters. In addition to the main living area, there is an attached living quarters/guest suite with a kitchen, full bathroom, 2 bedrooms, a living room/play room and it's own front entry and rear entry with a deck. Wait that isn't all! There are front and rear keyless entries on main living quarters doors, 2 - 2+ car detached garages, a blacktop drive with extras parking, a detached storage building, a nice back patio with a hot tub and a 24' above ground pool with a deck. This home is conveniently located within 4 miles of Madison's hilltop area and Clifty Falls State Park, within 4.5 miles from Hanover and within 5 miles of Madison's historic downtown area that was named the #1 Small Town in the Midwest by USA Today 10 Best Readers' Choice Award for 2024. Potted plants will be taken by Seller and some starts off of some perennials will be take by the seller.

Address:317 Meadow Lane Madison IN 47250
Status:Active
on site: 155 days
Price:$459,900
Bedrooms:5 Beds
Bathrooms:3 Full Baths
Sq. Feet:2,504
Year Built:1961
Lot Size:1.60
County: Jefferson_IN
Township: Madison
MLS #:202409255
Property Type:Residential

Lot Dimensions:69696
Road Surface:Paved
Zoning:Agri/ Residential
Water Source:Connected, Public
Directions:Turn east off of Clifty Drive onto Meadow Lane, home is on the south side before Thomas Hill Road.
Upper Level Sq. Ft. :2,504
Total Sq. Ft. :2,504
Sq. Ft. Source:Appraiser

Loan Price
$2,762
Price And Interest $2,399/month
Property Tax $171/month
MTG INS $0/month
HOME INS $192/month
Price
$459,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$171/month
Home Owner Insurance
$2,304 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Other 9.25 x 12.17 First
FullBath 7.42 x 6.42 First
FullBath 7.75 x 7.17 First
FullBath 7.58 x 4.42 First
Bedroom 11.42 x 11.33 First
Bedroom 9 x 7.92 First
Other 21.17 x 11.5 First
Kitchen 12 x 7.92 First
Bedroom 12.42 x 11.58 First
PrimaryBedroom 20.83 x 11.67 First
Bedroom 9.42 x 12.08 First
FamilyRoom 22.25 x 10.42 First
Kitchen 17.92 x 12 First
LivingRoom 14.75 x 14.17 First

Semi-Annual Property Tax:$1,026
Mandatory HOA Fee:$

Area: Rural
City:Madison
Zip Code:47250

Total Sq. Ft.:2,504
Interior Features:Attic, EatInKitchen, InLawFloorplan, JettedTub, BathInPrimaryBedroom, MainLevelPrimary, Pantry, UtilityRoom
Appliances:Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, SelfCleaningOven, WaterSoftener
Porch / Patio:Deck, Patio
Exterior Features:Deck, PavedDriveway, Patio
Exterior Type:Brick, Frame, VinylSiding
Fireplace(s):Gas
Cool:CentralAir
Heat:HeatPump
Total Rooms:14
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Becky Law with Real Estate Inc

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

243
Avg. DOM
$172.52
Avg. $ / Sq.Ft.
$ 268,500
Med. List Price

The house prices in Madison are indeed dropping at the moment. There has been a decrease in price of $114,716.67. 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 Down. The average house price is $310,000.00 and the average price per square feet is $177.29 per square feet. At the moment, the amount of homes listed is exactly 44 houses, with 16 with active status, 5 with pending status and 23 sold in Madison .

The most popular place to buy a home in Madison is 13-Indiana. 13-Indiana 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 $1,346.67. 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 83 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 3055 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 2068.81 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.