Buyers, Investors or Renovators Bring your vision to this fixer-upper opportunity offering peaceful rural living while remaining a short distance from Madison’s hilltop and all the connivence of shopping and dining or dive down the hill to enjoy Madison’s historic downtown Main Street.
This home has character and plenty of potential. Inside, you'll find built-in bookshelves, a bonus room with a fireplace/wood-stove insert, and the opportunity to open the space up and create one large living area that flows into the family room. Hardwood floors are believed to be underneath the carpet in the bedrooms, offering another opportunity to restore and enhance the home’s original character.
Outside, enjoy a spacious yard surrounded by mature trees, a detached garage/workshop, ample parking, your own well, and a durable red metal roof.
A great opportunity for an investor, renovator, or buyer looking to create a home with character while enjoying the space of rural living and convenient access to Madison. Being Sold As-IS.
For sale
$148,000
5184 N Us 421, Madison, IN 47250
3beds
1,200sqft
Single Family Residence
Built in 1952
1 Acres Lot
$151,000 Zestimate®
$123/sqft
$-- HOA
What's special
Ample parkingDurable red metal roofBuilt-in bookshelvesYour own well
- 13 hours
- 160
- 10
Zillow last checked:
Listing updated:
Listed by:
Penny Koehler,
F.C. Tucker/Scott Lynch Group
Source: SIRA,MLS#: 2026012275
Originating MLS: Southern Indiana REALTORS Association
Originating MLS: Southern Indiana REALTORS AssociationFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Family Room
Primary bedroom
- Description: hardwood flooring under carpet,Flooring: Carpet
- Level: First
- Dimensions: 8.00 x 11.05
Bedroom
- Description: Flooring: Carpet
- Level: First
- Dimensions: 12.04 x 11.05
Bedroom
- Description: hardwood flooring under carpet,Flooring: Carpet
- Level: First
- Dimensions: 10.11 x 10.11
Family room
- Description: built in book shelves,Flooring: Wood
- Level: First
- Dimensions: 11.04 x 20.05
Other
- Description: Flooring: Vinyl
- Level: First
- Dimensions: 6.05 x 7.07
Kitchen
- Description: Flooring: Linoleum
- Level: First
- Dimensions: 11.04 x 11.08
Living room
- Description: Vaulted Ceiling,Flooring: Linoleum
- Level: First
- Dimensions: 9.08 x 23.07
Other
- Description: utility,Flooring: Linoleum
- Level: First
- Dimensions: 5.01 x 11.06
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dryer, Microwave, Oven, Range, Refrigerator, Washer
- Laundry: Main Level, Laundry Room
Features
- Bookcases, Ceiling Fan(s), Vaulted Ceiling(s), Wood Burning Stove
- Windows: Screens, Thermal Windows
- Basement: Crawl Space,Sump Pump
- Number of fireplaces: 1
- Fireplace features: Insert, Wood Burning, Wood BurningStove
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: 1
- Parking features: Detached, Garage
- Garage spaces: 1
- Details: Off Street
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Patio
Lot
- Size: 1 Acres
- Dimensions: 132 x 330
Details
- Additional structures: Garage(s)
- Parcel number: 390802300003000006
- Zoning: Residential
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One Story
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Frame
- Foundation: Crawlspace
- Roof: Metal
Condition
- New construction: No
- Year built: 1952
Utilities & green energy
- Water: Connected, Public
Community & HOA
Location
- Region: Madison
Financial & listing details
- Price per square foot: $123/sqft
- Tax assessed value: $83,100
- Annual tax amount: $87
- Date on market: 10/2/2026
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
$151,000
$113,000 - $187,000
$1,475/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/2/2026 | Listed for sale | $148,000$123/sqft |
Source:  SIRA #2026012275 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $85 +2% | $83,100 -1.5% |
| 2024 | $84 +2% | $84,400 -9.6% |
| 2023 | $82 -6.9% | $93,400 +0.9% |
| 2022 | $88 +11.8% | $92,600 +8.8% |
| 2021 | $79 +2% | $85,100 +2.3% |
| 2020 | $77 -4.5% | $83,200 +9.9% |
| 2019 | $81 +2% | $75,700 +6.3% |
| 2018 | $79 +2.2% | $71,200 +5.2% |
| 2017 | $78 +1.4% | $67,700 |
| 2016 | $77 +2.4% | $67,700 +3.7% |
| 2014 | $75 -12.8% | $65,300 -2.7% |
| 2013 | $86 -6.8% | $67,100 |
| 2012 | $92 -13.3% | $67,100 -9.6% |
| 2011 | $106 -2.8% | $74,200 |
| 2010 | $109 +2% | $74,200 |
| 2009 | $107 -73.7% | $74,200 +2.5% |
| 2007 | $406 -23.6% | $72,400 +3.9% |
| 2006 | $532 | $69,700 +26.7% |
| 2005 | -- | $55,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 47250
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