For sale

$274,000

1541 N Rykers Ridge, Madison, IN 47250

3beds

1,784sqft

$1,851/mo

Get pre-qualified

Single Family Residence

Built in 1900

4.16 Acres Lot

$281,200 Zestimate^®

$154/sqft

$-- HOA

What's special

Home sweet home! You can be on over 4 acres of secluded and quiet, just outside of central Madison. This 19th century farmhouse offers beautiful, original slate shingles atop its roof, and so many other character defining details! You’ll be able to enjoy a generous set of rooms, opstairs and on the main floor. The recent owner has installed HVAC that is properly run from the attic and cellar areas, so as not to disrupt the interior charm with ducting! The fenced in porch off of the main kitchen area is simply stunning, bright, and hospitable. There are so many features that will welcome you here. Photography of the home is delayed, but don’t hesitate to book your showings. An entrant is bound to love this property quickly!

13 days
2,647
228

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Heat Pump

Cooling

Central Air

Appliances

Included: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer
Laundry: Main Level, Laundry Room

Features

Utility Room
Basement: Sump Pump
Number of fireplaces: 1
Fireplace features: Gas

Interior area

Total structure area: 1,784
Total interior livable area: 1,784 sqft
Finished area above ground: 1,784
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Attached, Garage
Attached garage spaces: 2

Features

Levels: Two
Stories: 2
Patio & porch: Enclosed, Porch, Screened
Exterior features: Enclosed Porch, Porch
Has view: Yes
View description: Park/Greenbelt, Scenic

Lot

Size: 4.16 Acres
Features: Secluded

Details

Additional structures: Garage(s)
Additional parcels included: 390930000021.005006
Parcel number: 390930000026
Zoning: Residential
Zoning description: Residential

Construction

Type & style

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

Materials

Frame
Foundation: Stone, Cellar
Roof: Slate

Condition

New construction: No
Year built: 1900

Utilities & green energy

Water: Connected, Public

Community & HOA

HOA

Has HOA: No

Location

Region: Madison

Financial & listing details

Price per square foot: $154/sqft
Tax assessed value: $700
Annual tax amount: $1,532
Date on market: 9/3/2026
Cumulative days on market: 14 days
Listing terms: Cash,Conventional
Road surface type: Paved

Estimated market value

$281,200

$245,000 - $318,000

$2,035/mo

Price history

Date	Event	Price
9/3/2026	Listed for sale	$274,000+16.1%$154/sqft
Source: SIRA #2026011439 Report a problem
5/17/2023	Sold	$236,000+0.5%$132/sqft
Source: SIRA #202306640 Report a problem
4/12/2023	Pending sale	$234,900$132/sqft
Source: SIRA #202306640 Report a problem
3/27/2023	Listed for sale	$234,900+32.7%$132/sqft
Source: SIRA #202306640 Report a problem
2/8/2018	Sold	$177,000-4.3%$99/sqft
Source: SIRA #J20170606 Report a problem
11/9/2017	Listed for sale	$184,900+32.1%$104/sqft
Source: Fc Tucker Scott Lynch Group #20170606 Report a problem
5/14/2013	Sold	$140,000-3.1%$78/sqft
Source: SIRA #J20130202 Report a problem
5/1/2013	Pending sale	$144,500$81/sqft
Source: Coldwell Banker Harrell & Associates, Inc. Report a problem
4/11/2013	Listed for sale	$144,500$81/sqft
Source: Coldwell Banker Harrell & Associates, Inc. Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$13 -1.8%	$700
2024	$13 +0.3%	$700
2023	$13 -1.2%	$700
2022	$13 +2%	$700
2021	$13 +4.9%	$700
2020	$13 +4.8%	$700
2019	$12 +2%	$700
2018	$12 +6.1%	$700
2017	$11 -7.2%	$700
2016	$12 +7.8%	$700
2014	$11	$700