Sold for $135,000

$135,000

1602 Cragmont, Madison, IN 47250

2beds

1,152sqft

Single Family Residence

Built in 1900

4,617 Square Feet Lot

$138,900 Zestimate^®

$117/sqft

$1,280 Estimated rent

Home value

$138,900

Estimated sales range

Not available

$1,280/mo

Zestimate^® history

Owner options

List your home for rent

$1,280/mo

Rent Zestimate^®

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$1,280/mo

Rent Zestimate^®

Refinance and save

$858/mo

Est. payment

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$858/mo

Est. payment

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What's special

Bonus flex roomNew flooringKitchen improvements

Seller is offering a $2,500 credit to buyer towards closing costs or updates! This cute and affordable 2-bedroom home offers more than meets the eye, with a bonus flex room perfect for a utility area, home office, or guest space. Whether you're a first-time homebuyer or looking to downsize, this home is a rare find in this price range—eligible for most no-money-down loan programs! Enjoy a quick commute to historic downtown Madison while still being just minutes from all the conveniences of the hilltop. Recent updates include new flooring, kitchen improvements, and an upgraded central heating and air system. Clean, comfortable, and move-in ready—schedule your showing today!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Heating

Heat Pump

Cooling

Central Air

Features

Main Level Primary, Mud Room, Utility Room
Windows: Thermal Windows
Basement: Crawl Space
Has fireplace: No

Interior area

Total structure area: 1,152
Total interior livable area: 1,152 sqft
Finished area above ground: 1,152
Finished area below ground: 0

Property

Features

Levels: One
Stories: 1

Lot

Size: 4,617 Square Feet

Details

Additional structures: Shed(s)
Parcel number: 390827442045000007
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: See Remarks
Roof: Shingle

Condition

Resale
New construction: No
Year built: 1900

Utilities & green energy

Sewer: Public Sewer
Water: Connected, Public

Community & HOA

Location

Region: Madison

Financial & listing details

Price per square foot: $117/sqft
Tax assessed value: $50,600
Annual tax amount: $862
Date on market: 9/29/2025
Cumulative days on market: 182 days
Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan

Price history

Date	Event	Price
12/29/2025	Sold	$135,000-1.1%$117/sqft
Source: SIRA #2025011447 Report a problem
10/15/2025	Price change	$136,500-2.4%$118/sqft
Source: SIRA #2025011447 Report a problem
10/3/2025	Listed for sale	$139,900-5.8%$121/sqft
Source: SIRA #2025011447 Report a problem
9/21/2025	Listing removed	$148,500$129/sqft
Source: SIRA #202508927 Report a problem
7/9/2025	Price change	$148,500-4.2%$129/sqft
Source: SIRA #202508927 Report a problem
6/21/2025	Listed for sale	$154,999+81.3%$135/sqft
Source: SIRA #202508927 Report a problem
9/21/2023	Sold	$85,500-4.9%
Source: IRMLS #202330813 Report a problem
9/1/2023	Pending sale	$89,900
Source: IRMLS #202330813 Report a problem
8/25/2023	Listed for sale	$89,900+114%
Source: IRMLS #202330813 Report a problem
10/30/2018	Sold	$42,000-1.2%$36/sqft
Source: Agent Provided Report a problem
9/13/2017	Listed for sale	$42,500$37/sqft
Source: Fc Tucker Scott Lynch Group #20150507 Report a problem
7/20/2017	Listing removed	$42,500$37/sqft
Source: Fc Tucker Scott Lynch Group #20150507 Report a problem
9/22/2015	Listed for sale	$42,500-29%$37/sqft
Source: Fc Tucker Scott Lynch Group #20150507 Report a problem
3/3/2011	Listing removed	$59,900$52/sqft
Source: Croxton Realty #20100106 Report a problem
12/30/2010	Listed for sale	$59,900$52/sqft
Source: Croxton Realty #20100106 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$862	$50,600 +17.4%
2024	--	$43,100
2023	--	$43,100 +0.7%
2022	--	$42,800 +6.5%
2021	--	$40,200 -1%
2020	--	$40,600
2019	--	$40,600
2018	$1,485 +55%	$40,600 -15.2%
2017	$958 +0.6%	$47,900
2016	$952	$47,900 +0.6%
2014	$952 -4.8%	$47,600 -4.8%
2013	$1,000	$50,000
2012	$1,000 -4.4%	$50,000 -4.4%
2011	$1,046 +2.1%	$52,300 +2.1%
2010	$1,024	$51,200
2009	$1,024 -20.5%	$51,200 +1.8%
2007	$1,289 -0.6%	$50,300 -4%
2006	$1,296	$52,400 +523.8%
2005	--	$8,400