116 W Madison St
BAD CREDIT OK
HOMES ON PAYMENTS
FIX-UP HOMES
LOCATED IN
ALEXANDRIA, INDIANA
116 W Madison St Alexandria, Indiana 46001
3 Bedrooms . . . . . 1 Bath . . . . . Shed Garage
Price . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $129,900
Monthly Payment . . . . . . . . . . . . . . . . . . . . . . $999
Down Payment . . . . . . . . . . . . . . . . . . . . . . . $1000
Spacious 3 bedroom in Alexandria close to downtown.
Wrap around porch for slow weekend days.
Newer vinyl siding and windows create a low maintenance exterior.
All surrounded by well manicured yard.
Home has signs of termites, will need to be treated.
Our Homes on Payments Fix-Up Home Program offers home purchasing opportunities
for families, individuals and investors in the Central Indiana area.
Get qualified for a Homes on Payments home in just 3 days with little or nothing down.
Our Homes on Payments homes are easy to qualify and bad credit is OK.
Why throw your money away renting when you can purchase your own Homes on Payments home.
This Homes on Payments property has a sales price of $129,900 with $1000 down and $999 monthly.
Term is 30 years under a purchase contract at a fixed rate of interest (7.94%).
There are. . . NO "pre-payment penalties". . . NO "balloon payments". . . NO "adjustable rates"
or ANY "adverse conditions" to make you lose your property. Taxes ARE included in payment.
The only way you will ever lose your home or property... is if YOU don't make your payments.
All properties are offered in "AS-IS" condition to be used as investment income properties.
Properties may not be rented, lived in or used as a dwelling until property is brought up to
minimum habitability standards. Buyer agrees to pay the cost of all repairs and maintenance.
This Homes on Payments property has a sales price of $129,900 with $1000 down and $999 monthly.
Term is 30 years under a purchase contract at a fixed rate of interest (7.94%).
There are. . . NO "pre-payment penalties". . . NO "balloon payments". . . NO "adjustable rates"
or ANY "adverse conditions" to make you lose your property. Taxes ARE included in payment.
The only way you will ever lose your home or property... is if YOU don't make your payments.
All properties are offered in "AS-IS" condition to be used as investment income properties.
Properties may not be rented, lived in or used as a dwelling until property is brought up to
minimum habitability standards. Buyer agrees to pay the cost of all repairs and maintenance.
House for rent
$999/mo
Fees may apply
116 W Madison St, Alexandria, IN 46001
3beds
2,044sqft
Price may not include required fees and charges. Price shown reflects the lease term provided. Learn more|
Single family residence
Available now
Cats, dogs OK
Hookups laundry
What's special
Low maintenance exteriorWell manicured yardWrap around porchNewer vinyl siding
- 66 days |
- -- |
- -- |
Zillow last checked:
Listing updated:
Travel times

Let’s turn your rent into credit progress
Build credit history with every on-time payment and get credit for the payment you’re already making.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Appliances
- Included: WD Hookup
- Laundry: Hookups
Features
- WD Hookup
Interior area
- Total interior livable area: 2,044 sqft
Property
Parking
- Details: Contact manager
Details
- Parcel number: 480513401006000022
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Community & HOA
Location
- Region: Alexandria
Financial & listing details
- Lease term: Rent to Own
Price history
| Date | Event | Price |
|---|---|---|
| 5/5/2026 | Listed for rent | $999 |
Source: Zillow Rentals Report a problem | ||
| 4/29/2026 | Sold | $86,208+10.7%$42/sqft |
Source: Public Record Report a problem | ||
| 11/23/2020 | Sold | $77,900+30.1%$38/sqft |
Source: Public Record Report a problem | ||
| 12/16/2019 | Sold | $59,900+100.3%$29/sqft |
Source: Public Record Report a problem | ||
| 11/20/2014 | Listing removed | $29,900$15/sqft |
Source: CASUAL LIFESTYLES REALTY INC #21312737 Report a problem | ||
| 11/8/2014 | Pending sale | $29,900$15/sqft |
Source: CASUAL LIFESTYLES REALTY INC #21312737 Report a problem | ||
| 10/22/2014 | Price change | $29,900-25.1%$15/sqft |
Source: CASUAL LIFESTYLES REALTY INC #21312737 Report a problem | ||
| 8/31/2014 | Listed for sale | $39,900$20/sqft |
Source: CASUAL LIFESTYLES REALTY INC #21312737 Report a problem | ||
Neighborhood: 46001
Nearby schools
GreatSchools rating
- 7/10Alexandria-Monroe Elementary SchoolGrades: PK-6Distance: 1.2 mi
- 4/10Alexandria-Monroe Junior/Senior SchoolGrades: 7-12Distance: 1 mi
- Indiana
- Madison County
- Alexandria
- 46001
- 116 W Madison St






