For sale by owner

Price cut: $20K (8/17)

$349,500

3059 N Old State Route 62, Madison, IN 47250

2beds

1,580sqft

$2,220/mo

Get pre-qualified

SingleFamily

Built in 1980

1.3 Acres Lot

$-- Zestimate^®

$221/sqft

$-- HOA

What's special

Garden areaAttached garageCovered sunroomCovered front porchPlenty of parking

Single story ranch with basement, attached garage and detatched, garage,covered front porch, covered sunroom, concrete rear patio, garden area, plenty of parking, Close to major shopping, Hospital, Krogers, Walmart, Tractor supply, Lowes and Culvers all within 5 minutes and downtown Madison in 7 minutes. 4 Minutes to Rykers Ridge Elementary School.

What the owner loves about this home

Located on two lots totaling 1.3 ac Rykers Ridge area close to the junction of North Old SR 62 & Cross Rd. You can be to the Hospital, Walmart, Lowes, Kroger, Tractor supply and Culvers all within 5 minutes and Downtown Main St. in 7 minutes. This home is also close to Rykers Ridge elementary school, 4 minutes away.

22 days

985

24

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Heat pump, Coal, Electric, Wood / Pellet

Cooling

Central

Appliances

Included: Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer

Features

Flooring: Laminate
Basement: Partially finished
Has fireplace: Yes
Fireplace features: masonry

Interior area

Total interior livable area: 1,580 sqft

Property

Parking

Total spaces: 6
Parking features: Garage - Attached, Garage - Detached

Features

Exterior features: Vinyl
Has view: Yes
View description: Territorial

Lot

Size: 1.3 Acres

Details

Parcel number: 390813000038001006

Construction

Type & style

Home type: SingleFamily

Materials

Frame
Foundation: Crawl/Raised
Roof: Asphalt

Condition

New construction: No
Year built: 1980

Community & HOA

Location

Region: Madison

Financial & listing details

Price per square foot: $221/sqft
Tax assessed value: $209,500
Annual tax amount: $3,334
Date on market: 8/3/2026

Estimated market value

Not available

Estimated sales range

Not available

$1,845/mo

Price history

Date	Event	Price
8/17/2026	Price change	$349,500-5.4%$221/sqft
Source: Owner Report a problem
8/3/2026	Listed for sale	$369,500+134%$234/sqft
Source: Owner Report a problem
6/14/2016	Sold	$157,900+21.9%$100/sqft
Source: SIRA #J20160237 Report a problem
7/8/2013	Sold	$129,500+37.8%$82/sqft
Source: SIRA #J20130089 Report a problem
10/18/2011	Sold	$94,000$59/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,334 -1.8%	$209,500 +17.6%
2024	$3,395 +124%	$178,200
2023	$1,516 +12%	$178,200 +9.6%
2022	$1,353 +14.1%	$162,600 +8.9%
2021	$1,186 +5%	$149,300 +7.1%
2020	$1,129 +4.8%	$139,400
2019	$1,077 +3.8%	$139,400
2018	$1,038 +6.1%	$139,400 +1.2%
2017	$978 -5.9%	$137,800
2016	$1,040 +28.2%	$137,800 +15.2%
2014	$811 -61.6%	$119,600 -6.4%
2013	$2,113 -6.8%	$127,800
2012	$2,266 +128.9%	$127,800 -20.5%
2011	$990 -1.1%	$160,700 +6.4%
2010	$1,001 +2.8%	$151,000
2009	$973 -17.1%	$151,000 -0.7%
2007	$1,174 -25.6%	$152,000 +1%
2006	$1,578	$150,500 +27%
2005	--	$118,500