Don't miss your opportunity to buy this Cozy Hillside retreat at the bottom of Michigan hill. This charming 1-bedroom, 1-bathroom home offers quick access to Historic Downtown Madison and the shops and restaurants located on Madison's Hilltop. This property would make for a wonderful Bed & Breakfast or a weekend getaway retreat. Inside you will find an inviting layout with a comfortable living space and functional kitchen. Enjoy small-town charm, easy maintenance, and a location that puts you close to everything Madison has to offer.
For sale
$182,000
740 Michigan Road, Madison, IN 47250
1beds
832sqft
Single Family Residence
Built in 1970
0.65 Acres Lot
$161,200 Zestimate®
$219/sqft
$-- HOA
What's special
Inviting layoutComfortable living spaceFunctional kitchen
- 1 day |
- 648 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Jason Clifton,
F.C. Tucker/Scott Lynch Group
Source: SIRA,MLS#: 202609351
Originating MLS: Southern Indiana REALTORS Association
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
Other
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Other
- Description: Utility Room
- Level: First
Heating
- Other
Cooling
- Wall Unit(s)
Appliances
- Included: Dryer, Microwave, Oven, Range, Refrigerator, Washer
- Laundry: Main Level, Laundry Room
Features
- Ceiling Fan(s), Eat-in Kitchen, Bath in Primary Bedroom, Main Level Primary, Utility Room
- Has basement: No
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 832
- Total interior livable area: 832 sqft
- Finished area above ground: 832
- Finished area below ground: 0
Property
Parking
- Details: Off Street
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.65 Acres
- Dimensions: 94 x 300
Details
- Additional structures: Shed(s)
- Parcel number: 390835334006000007
- Zoning: Residential
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One Story
- Property subtype: Single Family Residence
Materials
- Brick, Frame, Wood Siding
- Foundation: Slab
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 1970
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: $219/sqft
- Tax assessed value: $56,600
- Annual tax amount: $144
- Date on market: 6/17/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Estimated market value
$161,200
Estimated sales range
Not available
$803/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2026 | Listed for sale | $182,000+13.8%$219/sqft |
Source: | ||
| 4/6/2026 | Sold | $160,000+0.3%$192/sqft |
Source: | ||
| 3/13/2026 | Pending sale | $159,500$192/sqft |
Source: | ||
| 2/20/2026 | Listed for sale | $159,500-5.9%$192/sqft |
Source: | ||
| 12/3/2025 | Listing removed | $169,500$204/sqft |
Source: | ||
| 11/14/2025 | Price change | $169,500+30.4%$204/sqft |
Source: | ||
| 4/6/2023 | Pending sale | $130,000$156/sqft |
Source: | ||
| 3/3/2023 | Listed for sale | $130,000$156/sqft |
Source: | ||
| 2/21/2023 | Listing removed | -- |
Source: | ||
| 1/2/2023 | Listed for sale | $130,000$156/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $383 +3.2% | $56,600 +15.3% |
| 2024 | $371 -61.9% | $49,100 |
| 2023 | $974 +248.6% | $49,100 +0.8% |
| 2022 | $279 +1.9% | $48,700 +5.9% |
| 2021 | $274 +4.4% | $46,000 |
| 2020 | $262 -5.5% | $46,000 |
| 2019 | $278 -71.7% | $46,000 -7.1% |
| 2018 | $980 | $49,500 +1% |
| 2017 | $980 +1.4% | $49,000 |
| 2016 | $966 -0.2% | $49,000 +1.2% |
| 2014 | $968 -0.8% | $48,400 -0.8% |
| 2013 | $976 -10.6% | $48,800 -10.6% |
| 2012 | $1,092 +20.8% | $54,600 +20.8% |
| 2011 | $904 +30.3% | $45,200 +30.3% |
| 2010 | $694 | $34,700 |
| 2009 | $694 +1.8% | $34,700 +30.5% |
| 2007 | $681 +30% | $26,600 +25.5% |
| 2006 | $524 | $21,200 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 47250
Nearby schools
GreatSchools rating
- 9/10Lydia Middleton Elementary SchoolGrades: PK-4Distance: 0.4 mi
- 6/10Madison Consolidated Jr High SchoolGrades: 5-8Distance: 2.2 mi
- 6/10Madison Consolidated High SchoolGrades: 9-12Distance: 2.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Indiana
- Jefferson County
- Madison
- 47250
- 740 Michigan Road





