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Sold for $192,000
    • $192,000

    2527 Franks Drive, Madison, IN 47250

    3beds
    1,350sqft
    Single Family Residence
    Built in 1979
    0.27 Acres Lot
    $192,000 Zestimate®
    $142/sqft
    $1,641 Estimated rent

    Home value

    $192,000

    Estimated sales range

    Not available

    $1,641/mo

    Zestimate® history
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    What's special

    Mature compost systemEstablished gardenMultiple well-placed storage areasFreshly updated flooringTwo pantriesLarge built-in storage closetNew hvac system
    This beautifully updated home offers comfort, function, and thoughtful improvements throughout. Major updates completed in summer 2025 include a new HVAC system (inside and out), freshly updated flooring, sealed driveway, and a refreshed kitchen with brand-new appliances. The converted garage now serves as a spacious dining area, adding valuable living space and a large built-in storage closet that enhances the home’s flexible layout. Two pantries and multiple well-placed storage areas are seamlessly integrated throughout the home, providing excellent organization without sacrificing living space. Outdoors, enjoy an established garden, enclosed chicken coop with proper aeration, and a mature compost system ready for spring use. Conveniently located near Ivy Tech and just minutes from shopping, dining, and everyday amenities, this home is situated in a highly desirable, fast-selling neighborhood that offers quality updates and strong resale appeal.

    Zillow last checked:

    Listing updated:

    Listed by:

    Rachel Avery,

    Legacy Land Use & Realty

    Bought with:

    Jennifer Lee, RB24001233

    RE/MAX FIRST

    Source: SIRA,MLS#: 202608812MLS LogoOriginating MLS: Southern Indiana REALTORS Association

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Family Room
    Heating
    • Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Dishwasher, Washer
    Features
    • Bath in Primary Bedroom, Main Level Primary, Storage, Utility Room
    • Basement: Crawl Space
    • Has fireplace: No
    Interior area
    • Total structure area: 1,350
    • Total interior livable area: 1,350 sqft
    • Finished area above ground: 1,350
    • Finished area below ground: 0

    Property

    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck, Patio
    • Exterior features: Deck, Patio
    Lot
    • Size: 0.27 Acres
    Details
    • Parcel number: 0110557400
    • Zoning: Residential
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: One Story
    • Property subtype: Single Family Residence
    Condition
    • Resale
    • New construction: No
    • Year built: 1979

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Connected, Public

    Community & HOA

    Location
    • Region: Madison

    Financial & listing details

    • Price per square foot: $142/sqft
    • Tax assessed value: $124,800
    • Annual tax amount: $1,272
    • Date on market: 6/2/2026
    • Cumulative days on market: 171 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/23/2026Sold$192,000-3.5%$142/sqft
    Source: SIRA #202608812 Report a problem
    6/3/2026Listed for sale$199,000$147/sqft
    Source: SIRA #202608812 Report a problem
    5/30/2026Listing removed$199,000$147/sqft
    Source: SIRA #202605679 Report a problem
    5/19/2026Price change$199,000-5.2%$147/sqft
    Source: SIRA #202605679 Report a problem
    3/31/2026Price change$209,990-2.3%$156/sqft
    Source: SIRA #202605679 Report a problem
    1/29/2026Listed for sale$214,990+72%$159/sqft
    Source: SIRA #202605679 Report a problem
    1/7/2022Sold$125,000+0.8%$93/sqft
    Source: SIRA #2021010386 Report a problem
    10/27/2021Listed for sale$124,000+24.5%$92/sqft
    Source: SIRA #2021010386 Report a problem
    5/10/2019Sold$99,600+1.1%$74/sqft
    Source: SIRA #J20190087 Report a problem
    12/31/2018Listed for sale$98,500$73/sqft
    Source: Keller Williams Realty Consultants #2018010236 Report a problem
    10/28/2018Listing removed$98,500$73/sqft
    Source: Keller Williams Realty Consultants #2018010236 Report a problem
    7/10/2018Listed for sale$98,500+9.6%$73/sqft
    Source: Keller Williams Realty Consultants #2018010236 Report a problem
    11/1/2017Listing removed$89,900$67/sqft
    Source: Hoosier Hills Rlty #20170211 Report a problem
    6/8/2017Listed for sale$89,900$67/sqft
    Source: Hoosier Hills Rlty #20170211 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,272 +3.4%$124,800 -1.9%
    2024$1,230 +13.9%$127,200 +3.4%
    2023$1,080 +10.1%$123,000 +13.9%
    2022$981 +13.7%$108,000 +10.1%
    2021$863 +15%$98,100 +5.5%
    2020$750 +4.1%$93,000 +4.5%
    2019$720 +4.6%$89,000
    2018$688 +20.4%$89,000 +1.1%
    2017$572 +17.6%$88,000 +6.2%
    2016$486 +3.5%$82,900 +7.1%
    2014$470 -11.9%$77,400 -4%
    2013$533 -1.2%$80,600
    2012$540 -6.2%$80,600 -5.6%
    2011$575 +2.9%$85,400 +4.4%
    2010$559 +10.4%$81,800
    2009$506 -6.3%$81,800 -0.4%
    2007$540 -34.1%$82,100 +1.7%
    2006$820 $80,700 +26.3%
    2005-- $63,900
    Find assessor info on the county website

    Neighborhood: 47250

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