Skip main navigation
For sale
  • $454,900

    317 Meadow Lane, Madison, IN 47250

    5beds
    2,504sqft
    : 
    $2,859/mo
    Get pre-qualified
    Single Family Residence
    Built in 1961
    1.6 Acres Lot
    $-- Zestimate®
    $182/sqft
    $-- HOA

    What's special

    Nice back patioJetted tubHeated tile floor
    So many possibilities await you with this lovingly maintained home on over 1 1/2 acres with mature trees and a parklike setting with a decorative pond. This home offers 3 bedrooms, 2 full baths, one with a jetted tub and heated tile floor, living room with a gas fireplace, eat in kitchen with a pantry and granite counter tops, family room with a brick hearth and flue for a wood stove and a utility room in the main living quarters. In addition to the main living area, there is an attached living quarters/guest suite with a kitchen, full bathroom, 2 bedrooms, a living room/play room and it's own front entry and rear entry with a deck. Wait that isn't all! There are front and rear keyless entries on main living quarters doors, 2 - 2+ car detached garages, a blacktop drive with extras parking, a nice back patio and a 24' above ground pool with a deck. This home is conveniently located within 4 miles of Madison's hilltop area and Clifty Falls State Park, within 4.5 miles from Hanover and within 5 miles of Madison's historic downtown area that was named the #1 Small Town in the Midwest by USA Today 10 Best Readers' Choice Award for 2024. Potted plants will be taken by Seller and some starts off of some perennials will be take by the seller. New Survey Attached. New w/s installed July 2025 also new elements in water heater. All new paint June-July 2026 in the living room, kitchen, hallway, 1 bedroom and 1 bathroom. Mantel @ fireplace will not convey.
    39 days
    |
    420
    |
    10
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Becky Law,

    Real Estate Inc

    Source: SIRA,MLS#: 202409255MLS LogoOriginating MLS: Southern Indiana REALTORS Association

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Family Room
      Primary bedroom
      • Description: Flooring: Carpet
      • Level: First
      • Dimensions: 20.83 x 11.67
      Bedroom
      • Description: Flooring: Carpet
      • Level: First
      • Dimensions: 9.42 x 12.08
      Bedroom
      • Description: Flooring: Carpet
      • Level: First
      • Dimensions: 12.42 x 11.58
      Bedroom
      • Description: Flooring: Carpet
      • Level: First
      • Dimensions: 9 x 7.92
      Bedroom
      • Description: Flooring: Carpet
      • Level: First
      • Dimensions: 11.42 x 11.33
      Family room
      • Description: Brick Hearth Flue/Interior Shutters,Flooring: Carpet
      • Level: First
      • Dimensions: 22.25 x 10.42
      Other
      • Description: Flooring: Tile
      • Level: First
      • Dimensions: 7.58 x 4.42
      Other
      • Description: Heated Floor,Flooring: Tile
      • Level: First
      • Dimensions: 7.75 x 7.17
      Other
      • Description: Flooring: Vinyl
      • Level: First
      • Dimensions: 7.42 x 6.42
      Kitchen
      • Description: Eat in Kitchen/Granite Counter Tops,Flooring: Wood
      • Level: First
      • Dimensions: 17.92 x 12
      Kitchen
      • Description: Flooring: Wood
      • Level: First
      • Dimensions: 12 x 7.92
      Living room
      • Description: Flooring: Wood
      • Level: First
      • Dimensions: 14.75 x 14.17
      Other
      • Description: Play Room or 2nd Living Room,Flooring: Carpet
      • Level: First
      • Dimensions: 21.17 x 11.5
      Other
      • Description: Laundry Room,Flooring: Laminate
      • Level: First
      • Dimensions: 9.25 x 12.17
      Heating
      • Heat Pump
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven, Water Softener
      • Laundry: Main Level, Laundry Room
      Features
      • Attic, Eat-in Kitchen, In-Law Floorplan, Jetted Tub, Bath in Primary Bedroom, Main Level Primary, Pantry, Utility Room, Window Treatments
      • Windows: Blinds
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Gas
      Interior area
      • Total structure area: 2,504
      • Total interior livable area: 2,504 sqft
      • Finished area above ground: 2,504
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 4
      • Parking features: Detached, Garage, Garage Door Opener
      • Garage spaces: 4
      • Has uncovered spaces: Yes
      • Details: Off Street
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck, Patio
      • Exterior features: Deck, Paved Driveway, Patio
      • Pool features: Above Ground, Pool
      • Has spa: Yes
      • Has view: Yes
      • View description: Park/Greenbelt
      • Frontage length: 233
      Lot
      • Size: 1.6 Acres
      • Dimensions: 233 x 300
      Details
      • Additional structures: Garage(s)
      • Additional parcels included: 390831000003001006
      • Parcel number: 390831000002000006
      • Zoning: Agri/ Residential
      • Zoning description: Agri/ Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: One Story
      • Property subtype: Single Family Residence
      Materials
      • Brick, Frame, Vinyl Siding
      • Foundation: Block, Slab
      • Roof: Shingle
      Condition
      • Resale
      • New construction: No
      • Year built: 1961

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Connected, Public

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Madison

      Financial & listing details

      • Price per square foot: $182/sqft
      • Tax assessed value: $246,500
      • Annual tax amount: $2,239
      • Date on market: 7/11/2024
      • Cumulative days on market: 775 days
      • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,517/mo

        Price history

        DateEventPrice
        7/16/2026Listed for sale$454,900$182/sqft
        Source: SIRA #202409255 Report a problem
        5/27/2026Listing removed$454,900$182/sqft
        Source: SIRA #202409255 Report a problem
        6/6/2025Price change$454,900-1.1%$182/sqft
        Source: SIRA #202409255 Report a problem
        11/16/2024Listed for sale$459,900$184/sqft
        Source: SIRA #202409255 Report a problem
        7/23/2024Listing removed--
        Source: SIRA #202409255 Report a problem
        7/11/2024Listed for sale$459,900-5.2%$184/sqft
        Source: SIRA #202409255 Report a problem
        7/11/2024Listing removed--
        Source: Owner Report a problem
        5/21/2024Listed for sale$485,000+149.4%$194/sqft
        Source: Owner Report a problem
        12/3/2011Listing removed$194,500$78/sqft
        Source: SCOTT LYNCH REALTY, INC. #20110266 Report a problem
        5/18/2011Listed for sale$194,500$78/sqft
        Source: Visual Tour #20110266 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,049 +1.1%$246,500 +17.7%
        2024$2,026 +6.9%$209,500 -0.1%
        2023$1,895 +10.3%$209,800 +9.5%
        2022$1,718 -4.2%$191,600 +8.4%
        2021$1,793 +4.8%$176,800 -5.7%
        2020$1,711 +4.6%$187,400 -0.1%
        2019$1,636 +2.9%$187,600 -0.1%
        2018$1,590 +5.8%$187,800 +0.7%
        2017$1,502 -2.5%$186,500 -0.1%
        2016$1,541 +5.3%$186,700 +2.2%
        2014$1,464 -8.2%$182,600 -3.1%
        2013$1,594 -6.8%$188,500
        2012$1,710 +15.6%$188,500 +1.3%
        2011$1,479 -5.8%$186,100 +3.7%
        2010$1,570 +35.7%$179,500 +10.5%
        2009$1,157 -10.7%$162,400 -0.4%
        2007$1,295 -32.3%$163,100 +2.3%
        2006$1,913 $159,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 47250

        Getting around

        0 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes