For sale

Price cut: $10K (7/17)

$219,900

1046 Michigan Road, Madison, IN 47250

3beds

1,428sqft

$1,426/mo

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Single Family Residence

Built in 1950

0.32 Acres Lot

$211,500 Zestimate^®

$154/sqft

$-- HOA

What's special

Three spacious bedroomsGreat peaceful outdoor spaceGenuine hardwood floors

Location, Privacy, and Convenience!!! This well-maintained and nicely updated 3-bedroom, 2-bathroom home offers an impressive location. Situated behind The Fairmount House of Madison and backing up to Fairmount Drive, the property provides excellent privacy while being conveniently located at the edge of the hilltop, and just two miles from historic downtown Madison. The home features genuine hardwood floors, an updated kitchen with granite countertops and SS appliances, updated bathrooms including an upgraded shower, and three spacious bedrooms. Additional highlights include an attached 2 car garage and a fenced backyard that opens to a field, providing great peaceful outdoor space. A recently updated HVAC system further enhances this exceptional property. Don't miss the opportunity to see this beautiful home for yourself! The current water line is attached to a neighboring property, and is in process of getting it separated out to have it's own water line.

57 days

1,448

99

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Bedroom

Description: Flooring: Laminate
Level: First

Bedroom

Description: Flooring: Laminate
Level: First

Bedroom

Description: Flooring: Laminate
Level: First

Dining room

Description: Flooring: Wood
Level: First

Kitchen

Description: Flooring: Tile
Level: First

Living room

Description: Flooring: Wood
Level: First

Other

Description: Utility room,Flooring: Tile
Level: First

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Dryer, Oven, Range, Refrigerator, Self Cleaning Oven, Water Softener, Washer
Laundry: Main Level, Laundry Room

Features

Ceiling Fan(s), Separate/Formal Dining Room, Main Level Primary, Mud Room, Open Floorplan, Split Bedrooms, Utility Room
Basement: Crawl Space
Has fireplace: No

Interior area

Total structure area: 1,428
Total interior livable area: 1,428 sqft
Finished area above ground: 1,428
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Attached, Garage
Attached garage spaces: 2
Details: Off Street

Features

Levels: One
Stories: 1
Patio & porch: Porch
Exterior features: Fence, Landscaping, Porch
Fencing: Yard Fenced
Has view: Yes
View description: Park/Greenbelt, Scenic

Lot

Size: 0.32 Acres

Details

Additional structures: Garage(s)
Additional parcels included: 390835223009000007
Parcel number: 390835223010000007
Zoning: Residential
Zoning description: Residential

Construction

Type & style

Home type: SingleFamily
Architectural style: One Story
Property subtype: Single Family Residence

Materials

Frame, Vinyl Siding
Foundation: Block
Roof: Shingle

Condition

New construction: No
Year built: 1950

Utilities & green energy

Sewer: Public Sewer
Water: Connected, Public

Community & HOA

Location

Region: Madison

Financial & listing details

Price per square foot: $154/sqft
Annual tax amount: $3,444
Date on market: 5/18/2026
Cumulative days on market: 71 days
Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Road surface type: Paved

Estimated market value

$211,500

$201,000 - $222,000

$1,700/mo

Price history

Date	Event	Price
7/17/2026	Price change	$219,900-4.3%$154/sqft
Source: SIRA #202608391 Report a problem
6/29/2026	Price change	$229,900-4.2%$161/sqft
Source: SIRA #202608391 Report a problem
6/1/2026	Listed for sale	$239,900$168/sqft
Source: SIRA #202608391 Report a problem
5/20/2026	Listing removed	$239,900$168/sqft
Source: SIRA #202608391 Report a problem
5/18/2026	Listed for sale	$239,900$168/sqft
Source: SIRA #202608391 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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