8273 E State Road 56 Madison IN 47250 (House For Sale) | MLS 22072500
Frequently Asked Questions
Are house prices dropping in Madison?
The house prices in Madison are indeed dropping at the moment. There has been a decrease in price of $78,000.00. 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.
What is the housing market like in Madison at this time?
The housing market and house prices in Madison are going down. The average house price is $312,400.00 and the average price per square feet is $199.09 per square foot. At the moment, there are 45 homes listed - 26 active, 0 pending, and 19 sold in Madison.
What is the most popular place to buy a house in Madison?
The most popular place to buy a home in Madison is 13-Indiana. 13-Indiana has the most properties listed and appears to have the highest demand.
What is the amount of property taxes you have to pay for a house in Madison?
The average amount of property taxes you would have to pay for a home in Madison is $1,582.29. Property taxes are tied to the value of the home - the more expensive the home, the higher the taxes.
How fast are houses listed in Madison being sold?
Properties in Madison stay on the market for an average of 62 days. A lower number of days indicates a seller's market, while a higher number indicates a buyer's market.
How often are houses listed for sale in Madison?
The last home listed in Madison was 6846 minutes ago.
Can you visit houses in Madison?
Currently, there are 1 open houses available for viewing in Madison.
What is the most expensive house in Madison?
The cost of the most expensive home in Madison is $1,375,000.00. Expensive homes often come with better amenities, larger spaces, and faster appreciation.
What is the cheapest house in Madison?
The cost of the cheapest home in Madison is $69,900.00. Buying a cheaper home can keep payments low and leave room for customization.
How old are the homes in Madison?
The oldest home in Madison was built in 1800, and the newest in 2019.
How big are the homes in Madison?
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The average property size in Madison is 2357.31 sq.ft., the largest being 6044 sq.ft., and the smallest being 596 sq.ft.
Additional Details
Property Details
Lot Dimensions:
435600
Lot Features:
Rural Not Subdivision, Mature Trees, Trees Small (Under 20 Ft), Wooded
Water Source:
Well, Private
Main Level Sq. Ft.:
1, 600
Upper Level Sq. Ft.:
554
Total Sq. Ft.:
2, 708
Basement:
Yes
Directions:
GPS Friendly
Interior Features
Hi Speed Internet Availbl
Appliances
Electric Oven
Cool
Central Air
Water Heater
Electric Oven
Heat
Electric
Total Rooms
8 Rooms
Schools
Middle School:
Madison Consolidated Jr High Sch
Tax and Financial Info
Semi-Annual Property Tax:
$711
Tax Year:
2024
Quick View
Address:
8273 E State Road 56 Madison IN 47250
Status:
Active
On Site:
240 Days On Site
Price:
$275, 000
Bedrooms:
4 Beds
Bathrooms:
2 Full Baths
Sq. Feet:
2, 708
Year Built:
1900
Lot Size:
10
County:
Jefferson
Township:
Milton
MLS #:
22072500
Property Type:
Single Family Residence
Exterior Type
Wood Siding
Community Information
Description
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.
Source: MIBOR as distributed by MLS GRID, MLS ID: 22072500
Listing provided courtesy of Brad Garrison 217-285-9000 with Whitetail Properties
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 r...
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Source: MIBOR as distributed by MLS GRID, MLS ID: 22072500
Listing provided courtesy of Brad Garrison 217-285-9000 with Whitetail Properties
Zip Code 47250, Indiana, located in Jefferson County, offers a peaceful setting with minimal traffic noise throughout the area. The neighborhood features a diverse mix of housing options, including single detached homes and duplexes, with buildings from different eras such as the 1960s and 1980s, providing variety in architectural styles and unit sizes ranging from lofts to spacious four-bedroom residences. Local amenities include multiple schools—both public and private—nearby, ensuring educational choices are readily accessible. There are about ten grocery stores, delivering good options for shopping needs. Pharmacies are also conveniently close, offering essential supplies to the community.
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