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    • Zillow Home logoZestimate®
    $51,000

    8038 S Us Highway 421, Madison, IN 47250

    3beds
    2,616sqft
    Residential, Single Family Residence
    Built in 1900
    1.85 Acres Lot
    $51,000 Zestimate®
    $19/sqft
    $1,518 Estimated rent

    Home value

    $51,000

    Estimated sales range

    Not available

    $1,518/mo

    Zestimate® history
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    What's special

    Investor opportunity! Situated on a 1.85-acre corner lot, this property offers outstanding potential for renovation, rental income, or future development. The property includes a 40' x 30' pole barn with a concrete floor and electricity, providing excellent storage or workshop space. The home is in need of repairs and is ready for your vision. Sold AS IS. Seller makes no warranties, expressed or implied.

    Zillow last checked:

    Listing updated:

    Listed by:

    Beth Terry 812-767-0262,

    Coldwell Banker Martin Miller Lamb

    Bought with:

    Beth Terry

    Coldwell Banker Martin Miller Lamb

    Source: MIBOR as distributed by MLS GRID,MLS#: 22117138MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Bedroom 2
    • Level: Upper
    • Area: 224 Square Feet
    • Dimensions: 16X14
    Bedroom 3
    • Level: Upper
    • Area: 168 Square Feet
    • Dimensions: 14X12
    Other
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 10X12
    Dining room
    • Level: Main
    • Area: 156 Square Feet
    • Dimensions: 12X13
    Kitchen
    • Level: Main
    • Area: 140 Square Feet
    • Dimensions: 10X14
    Living room
    • Level: Main
    • Area: 168 Square Feet
    • Dimensions: 14x12
    Play room
    • Features: Other
    • Level: Main
    • Area: 80 Square Feet
    • Dimensions: 10X8
    Heating
    • Other
    Cooling
    • Window Unit(s)
    Appliances
    • Included: None
    Features
    • Ceiling Fan(s)
    • Has basement: Yes
    Interior area
    • Total structure area: 2,616
    • Total interior livable area: 2,616 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Detached
    • Garage spaces: 4
    Features
    • Levels: One and One Half
    • Stories: 1
    • Patio & porch: Covered
    Lot
    • Size: 1.85 Acres
    • Features: Corner Lot
    Details
    • Parcel number: 691820200006000020
    • Special conditions: As Is,In Foreclosure,Sales Disclosure Not Required,Other

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Residential, Single Family Residence
    Materials
    • Vinyl Siding
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Subdivision: No Subdivision
    HOA
    • Has HOA: No
    Location
    • Region: Madison

    Financial & listing details

    • Price per square foot: $19/sqft
    • Tax assessed value: $111,800
    • Annual tax amount: $460
    • Date on market: 7/29/2026
    • Cumulative days on market: 21 days

    Price history

    DateEventPrice
    9/4/2026Sold$51,000$19/sqft
    Source: MIBOR as distributed by MLS GRID #22117138 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$406 -2.3%$111,800 +18.8%
    2024$416 -10.3%$94,100
    2023$463 -19.8%$94,100 -3.6%
    2022$578 +3.3%$97,600 -9.5%
    2021$560 +34%$107,900
    2020$417 +3.6%$107,900 +14.1%
    2019$403 +9.9%$94,600 -1.3%
    2018$367 +4.6%$95,800 +1.1%
    2017$351 $94,800
    2016-- $94,800
    Find assessor info on the county website

    Neighborhood: 47250

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: South Ripley Junior High School
    • High: South Ripley High School

    Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    An equal housing lender. NMLS #10287.

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