Sold for $316,500

$316,500

4581 N 350 W, Madison, IN 47250

2beds

1,200sqft

Farm

Built in 1978

6.1 Acres Lot

$325,700 Zestimate^®

$264/sqft

$1,414 Estimated rent

Home value

$325,700

Estimated sales range

Not available

$1,414/mo

Zestimate^® history

Owner options

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$1,414/mo

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$1,414/mo

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$1,922/mo

Est. payment

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$1,922/mo

Est. payment

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What's special

Quiet country roadAll-new fencingNew sliding doorExtra parkingBlacktop drivewayLarge kitchenEntrance door

Stunning countryside location! This spacious 2-bedroom, 2-bath home sits on 6.1 acres along a quiet country road. It features a blacktop driveway with extra parking. The large kitchen offers ample space. Enjoy the covered front and back porches, complete with a concrete patio. There's also a 40x50 barn with a 14-foot ceiling, equipped with a new sliding door, entrance door, and overhang, plus four new Amish-built horse stalls. The property has all-new fencing and has been seeded for a horse pasture, along with a two-story 12x24 outbuilding. Only 15 min from historic downtown Madison.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Family Room

Primary bedroom

Description: Flooring: Carpet
Level: First
Dimensions: 14.3 x 12

Bedroom

Description: Flooring: Carpet
Level: First
Dimensions: 12 x 10

Dining room

Description: Flooring: Carpet
Level: First
Dimensions: 9 x 13.11

Other

Description: Flooring: Luxury Vinyl Plank
Level: First
Dimensions: 8.3 x 5

Other

Description: Flooring: Luxury Vinyl Plank
Level: First
Dimensions: 8.3 x 5

Kitchen

Description: Flooring: Luxury Vinyl Plank
Level: First
Dimensions: 12 x 15.9

Living room

Description: Flooring: Carpet
Level: First
Dimensions: 16.4 x 13.11

Other

Description: Flooring: Luxury Vinyl Plank
Level: First
Dimensions: 12 x 6

Heating

Heat Pump

Cooling

Central Air

Appliances

Included: Dryer, Oven, Range, Refrigerator, Washer
Laundry: Main Level, Laundry Room

Features

Bath in Primary Bedroom, Main Level Primary, Utility Room
Basement: Crawl Space
Number of fireplaces: 1
Fireplace features: Wood Burning

Interior area

Total structure area: 1,200
Total interior livable area: 1,200 sqft
Finished area above ground: 1,200
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, Patio, Porch
Exterior features: Fence, Landscaping, Paved Driveway, Porch, Patio
Fencing: Yard Fenced
Has view: Yes
View description: Panoramic

Lot

Size: 6.1 Acres

Details

Additional structures: Barn(s)
Parcel number: 390807000028000006
Zoning: Agri/ Residential
Zoning description: Agri/ Residential
Horse amenities: Barn

Construction

Type & style

Home type: SingleFamily
Architectural style: One Story
Property subtype: Farm

Materials

Brick, Frame
Foundation: Block
Roof: Shingle

Condition

Resale
New construction: No
Year built: 1978

Utilities & green energy

Sewer: Septic Tank
Water: Connected, Public

Community & HOA

Location

Region: Madison

Financial & listing details

Price per square foot: $264/sqft
Tax assessed value: $188,000
Annual tax amount: $1,459
Date on market: 5/6/2025
Cumulative days on market: 121 days
Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Road surface type: Paved

Price history

Date	Event	Price
9/4/2025	Sold	$316,500-6.6%$264/sqft
Source: SIRA #202507785 Report a problem
5/6/2025	Listed for sale	$339,000+50.7%$283/sqft
Source: SIRA #202507785 Report a problem
1/4/2022	Sold	$225,000-10%$188/sqft
Source: SIRA #2021011211 Report a problem
9/29/2021	Listed for sale	$250,000$208/sqft
Source: SIRA #2021011211 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,459 -3.6%	$188,000 +12.4%
2024	$1,514 +5.1%	$167,300 -0.1%
2023	$1,440 -47.5%	$167,400 +7.7%
2022	$2,741 +9.7%	$155,400 +9%
2021	$2,500 +3.2%	$142,600 +7.6%
2020	$2,423 -15.9%	$132,500 -1.8%
2019	$2,882 +178.9%	$134,900 -1.2%
2018	$1,033 +2.5%	$136,500 +0.4%
2017	$1,008 -1.1%	$136,000 -0.3%
2016	$1,020 +3.5%	$136,400 +2.7%
2014	$985 +6.1%	$132,800 -1.6%
2013	$928 +0.4%	$134,900 +0.4%
2012	$924 +3.4%	$134,400 +3.8%
2011	$893 +8.6%	$129,500 +10.4%
2010	$823 +3.1%	$117,300 +0.2%
2009	$798 -9.1%	$117,100 +0.6%
2007	$877 -24.5%	$116,400 +2.4%
2006	$1,162	$113,700 +26.9%
2005	--	$89,600