Imagine unlocking the full potential of this incredible one-level home, nestled in a rural setting just minutes from the vibrant hub of Madison! Recent major updates have transformed this property into a cozy "Home Sweet Home" - boasting a beautiful kitchen with new sleek stainless appliances, a newer metal roof, and a 'Man Cave' that's sure to impress. The spacious bedrooms include a generous walk-in closet in the main BR and a nicely updated master bath with a beautiful quality walk-in shower. There is an open kitchen and dining area, perfect for effortless entertaining. The expansive covered porch, stretching across both the front and back of the home, invites relaxation and taking in the country setting. Plus with an attached garage, workshop, and large paved driveway, there's ample space for your RV, boat, or whatever your heart desires. With its separate entrance, this home also offers the perfect opportunity for a mother-in-law suite, college student retreat, or private sanctuary.
Call today and discover the endless possibilities this home has to offer!
Sold for $240,000
$240,000
267 E Schafer Lane, Madison, IN 47250
3beds
2,066sqft
Single Family Residence
Built in 1978
0.75 Acres Lot
$248,700 Zestimate®
$116/sqft
$2,109 Estimated rent
Home value
$248,700
Estimated sales range
Not available
$2,109/mo
Zestimate® history
Owner options
List your home for rent
$2,109/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,109/mo
Rent Zestimate®
Refinance and save
$1,526/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,526/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Jacqueline Greene,
Coldwell Banker Harrell & Asso
Bought with:
Mark Jenkins, RB14048204
F.C. Tucker/Scott Lynch Group
Source: SIRA,MLS#: 202506199
Originating MLS: Southern Indiana REALTORS Association
Originating MLS: Southern Indiana REALTORS AssociationFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bonus Room
Bedroom
- Description: Flooring: Laminate
- Level: First
- Dimensions: 11.3 x 16.10
Bedroom
- Description: Flooring: Laminate
- Level: First
- Dimensions: 11.2 x 13
Bedroom
- Description: Flooring: Laminate
- Level: First
- Dimensions: 11.1 x 11.4
Dining room
- Description: Flooring: Laminate
- Level: First
- Dimensions: 11.3 x 16.7
Kitchen
- Description: Flooring: Laminate
- Level: First
- Dimensions: 11.3 x 14.10
Living room
- Description: Flooring: Laminate
- Level: First
- Dimensions: 13.6 x 18.7
Other
- Description: utility room,Flooring: Laminate
- Level: First
- Dimensions: 5.11 x 13.6
Other
- Description: man cave,Flooring: Laminate
- Level: First
- Dimensions: 20 x 20
Heating
- Heat Pump
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven, Water Softener
- Laundry: Main Level, Laundry Room
Features
- Ceiling Fan(s), Eat-in Kitchen, Bath in Primary Bedroom, Main Level Primary, Mud Room, Pantry, Separate Shower, Utility Room, Walk-In Closet(s)
- Windows: Thermal Windows
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 2,066
- Total interior livable area: 2,066 sqft
- Finished area above ground: 2,066
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
- Details: Off Street
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Porch
- Exterior features: Landscaping, Paved Driveway, Porch
Lot
- Size: 0.75 Acres
- Features: Dead End
Details
- Additional structures: Garage(s)
- Parcel number: 390811000008000006
- Zoning: Residential
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One Story,Modular/Prefab
- Property subtype: Single Family Residence
Materials
- Frame, Vinyl Siding
- Foundation: Block
- Roof: Metal
Condition
- New construction: No
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
- Water: Connected, Public
Community & HOA
Location
- Region: Madison
Financial & listing details
- Price per square foot: $116/sqft
- Tax assessed value: $84,100
- Annual tax amount: $751
- Date on market: 3/3/2025
- Cumulative days on market: 73 days
- Listing terms: Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2025 | Sold | $240,000-4%$116/sqft |
Source:  SIRA #202506199 Report a problem | ||
| 3/3/2025 | Listed for sale | $249,900+66.7%$121/sqft |
Source: SIRA #202506199 Report a problem | ||
| 1/31/2019 | Listing removed | $149,900$73/sqft |
Source: Coldwell Banker Harrell & Associates #20180236 Report a problem | ||
| 7/16/2018 | Price change | $149,900-11.8%$73/sqft |
Source: Coldwell Banker Harrell & Associates #20180236 Report a problem | ||
| 6/1/2018 | Price change | $169,900-3.7%$82/sqft |
Source: Coldwell Banker Harrell & Associates #20180236 Report a problem | ||
| 5/16/2018 | Listed for sale | $176,500$85/sqft |
Source: Coldwell Banker Harrell & Associates #20180236 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $341 -54.7% | $84,100 +15.5% |
| 2024 | $752 +15.7% | $72,800 -0.5% |
| 2023 | $650 +8.8% | $73,200 +7.3% |
| 2022 | $597 +20.1% | $68,200 +7.2% |
| 2021 | $497 +4.2% | $63,600 +10.2% |
| 2020 | $477 -6.7% | $57,700 -0.3% |
| 2019 | $511 +15.3% | $57,900 -0.9% |
| 2018 | $444 +5.3% | $58,400 +0.9% |
| 2017 | $421 -6.1% | $57,900 -0.3% |
| 2016 | $449 -1.9% | $58,100 +0.7% |
| 2014 | $457 -9% | $57,700 -4.2% |
| 2013 | $503 -6.8% | $60,200 |
| 2012 | $539 +19.1% | $60,200 +1.5% |
| 2011 | $453 +296.6% | $59,300 +60.7% |
| 2010 | $114 +10.2% | $36,900 |
| 2009 | $104 -36.1% | $36,900 +5.7% |
| 2007 | $162 -76.6% | $34,900 -60.8% |
| 2006 | $694 | $89,100 +27.1% |
| 2005 | -- | $70,100 |
Find assessor info on the county website
Neighborhood: 47250
Nearby homes
- $275,1004 bd2 ba2k sqft235 E Schafer Ln, Madison, IN 47250Off Market
- $375,1002 bd1 ba2.2k sqft339 E Schafer Ln, Madison, IN 47250Off Market
- $245,0003 bd2 ba1.7k sqft5044 N Us Highway 421, Madison, IN 47250Sold
- $257,1003 bd2 ba1.3k sqft5080 N Us Highway 421, Madison, IN 47250Off Market
- $242,1003 bd2 ba1.3k sqft5080 N Us 421, Madison, IN 47250Off Market
- $225,4003 bd1 ba1.6k sqft5100 N Us Highway 421, Madison, IN 47250Off Market
- $2,800-- bd-- ba-- sqft4000 N Us Highway 421, Madison, IN 47250Off Market
- $130,40063.76 Acres4000 N Us Highway 421, Madison, IN 47250Off Market
Nearby schools
GreatSchools rating
- 6/10Madison Consolidated Jr High SchoolGrades: 5-8Distance: 3 mi
- 6/10Madison Consolidated High SchoolGrades: 9-12Distance: 2.7 mi
- 7/10Rykers' Ridge Elementary SchoolGrades: PK-4Distance: 3.7 mi
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
- Indiana
- Jefferson County
- Madison
- 47250
- 267 E Schafer Lane
Nearby cities
Nearby zip codes
Other Madison Topics
