For sale

Price cut: $10K (7/28)

$309,900

2197 N 950 E, Madison, IN 47250

3beds

1,568sqft

$1,988/mo

Get pre-qualified

Single Family Residence

Built in 2000

5.59 Acres Lot

$299,200 Zestimate^®

$198/sqft

$-- HOA

What's special

Beautifully landscaped propertyDetached shedQuality craftsmanship throughoutPrimary suiteJetted tubWalk-in shower

Nestled on 5.59+/- scenic acres with a park-like setting, this 3-bedroom, 2-bath home offers privacy, wildlife, and quality craftsmanship throughout. Cathedral ceilings create an open feel, while the primary suite features a walk-in shower and jetted tub. Enjoy the beautifully landscaped property along with a detached shed and carport for added storage and versatility. A peaceful retreat with the space and setting you’ve been looking for.

124 days

883

68

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air

Cooling

Central Air

Features

Has basement: No
Has fireplace: No

Interior area

Total structure area: 1,568
Total interior livable area: 1,568 sqft
Finished area above ground: 1,568
Finished area below ground: 0

Property

Lot

Size: 5.59 Acres
Dimensions: 400 x 540

Details

Parcel number: 391020000020000008
Zoning: Residential
Zoning description: Residential

Construction

Type & style

Home type: SingleFamily
Architectural style: Modular/Prefab
Property subtype: Single Family Residence

Condition

Resale
New construction: No
Year built: 2000

Utilities & green energy

Sewer: Septic Tank
Water: Connected, Public

Community & HOA

HOA

Has HOA: No

Location

Region: Madison

Financial & listing details

Price per square foot: $198/sqft
Tax assessed value: $106,600
Annual tax amount: $350
Date on market: 4/20/2026
Cumulative days on market: 125 days
Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan

Estimated market value

$299,200

$284,000 - $314,000

$2,054/mo

Price history

Date	Event	Price
7/28/2026	Price change	$309,900-3.1%$198/sqft
Source: MLS of Southeastern Indiana #207270 Report a problem
5/15/2026	Price change	$319,900-3%$204/sqft
Source: SIRA #202607579 Report a problem
4/20/2026	Listed for sale	$329,900+13.8%$210/sqft
Source: SIRA #202607579 Report a problem
4/25/2022	Listing removed	--
Source: My State MLS Report a problem
3/9/2022	Contingent	$289,900$185/sqft
Source: My State MLS #11057650 Report a problem
3/2/2022	Listed for sale	$289,900$185/sqft
Source: My State MLS #11057650 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$875 +1.4%	$106,600 -9.3%
2024	$863 -2.5%	$117,500
2023	$885 +10.5%	$117,500 +4.9%
2022	$800 +4.1%	$112,000 +7.5%
2021	$769 +3.2%	$104,200 +1.4%
2020	$745 +7%	$102,800 -1.1%
2019	$696 +38.6%	$103,900 +1.3%
2018	$502 +3.4%	$102,600 +7.9%
2017	$486 -8.1%	$95,100 -1.2%
2016	$529 +7.6%	$96,300 -0.5%
2014	$491 -10.4%	$96,800 -3.2%
2013	$548 -6.8%	$100,000 +0.1%
2012	$588 -16.5%	$99,900 -15.7%
2011	$704 -10%	$118,500 +0.1%
2010	$782 +10.1%	$118,400 +0.1%
2009	$710 -0.3%	$118,300 +6.7%
2007	$712 -44.5%	$110,900 -11.2%
2006	$1,283	$124,900