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$243,000 $4,000on 12/6/2024

1682 N Borcherding Road Madison, IN  47250

  • 3 Beds
  • 2 Baths
  • 1,200 sq. Ft

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Property Description for 1682 N Borcherding Road Madison, IN 47250

Welcome home to country living! Room to roam and grow on this 4.19 acre property set back off the road, surrounded by trees, encompassing a 2/3 acre - fully stocked pond. Lounge on the spacious back patio as you watch wildlife, or enjoy the front of the property as you take in air shows for free. Create precious memories in the upgraded open concept living areas before tucking off to one of the 3 generous bedrooms. Updates and upgrades include added insulation in perimeter walls and attic, 2 new sump pumps and new vapor barrier in the 5 ft tall crawl space and new vinyl plank flooring and trim throughout - trim has been installed. Country living with easy access to shopping and tourism for quick staycations. Make your dreams come true today.

Address:1682 N Borcherding Road Madison IN 47250
Status:Active
on site: 41 days
Price:$243,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,200
Year Built:2019
Lot Size:4.20
County: Jefferson
Township: Madison
MLS #:22010803
Property Type:Single Family Residence

Lot Dimensions:182908
Lot Features:Not Applicable
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,200
Total Sq. Ft. :1,200

Loan Price
$1,449
Price And Interest $1,268/month
Property Tax $80/month
MTG INS $0/month
HOME INS $101/month
Price
$243,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$80/month
Home Owner Insurance
$1,212 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
12/06/24 $247,000 $243,000 -1.62%
11/19/24 $255,000 $247,000 -3.14%

RoomSizeLevel
Primary Bedroom 13x13 Main
Dining Room 10x10 Main
Kitchen 11x12 Main
Laundry 6x9 Main
Bedroom 2 11x10 Main
Bedroom 3 10x10 Main
Living Room 15x15 Main

Semi-Annual Property Tax:$478
Tax Year:2023
Mandatory HOA Fee:$

Area: 3906 - Jefferson - Madison
City:Madison
Subdivision: No Subdivision
Zip Code:47250

Middle School:Madison Consolidated Jr High Sch

Total Sq. Ft.:1,200
Accessibility Feature:Accessible Approach with Ramp,Accessible Doors,Accessible Entrance,Accessible Full Bath
Interior Features:Paddle Fan, Handicap Accessible Interior, Hardwood Floors
Eating Area(s):Dining Combo/Kitchen
Appliances:Dishwasher, Electric Oven, Refrigerator
Exterior Features:Barn Mini
Exterior Type:Vinyl Siding
Cool:Central Electric
Heat:Electric
Water Heater:Dishwasher, Electric Oven, Refrigerator
Total Rooms:7
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Mickie Robertson with Indiana Hometown Realty from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 11/07/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Madison Market Report

237
Avg. DOM
$184.74
Avg. $ / Sq.Ft.
$ 280,000
Med. List Price

The house prices in Madison are indeed dropping at the moment. There has been a decrease in price of $114,716.67. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Madison are going Down. The average house price is $310,000.00 and the average price per square feet is $177.29 per square feet. At the moment, the amount of homes listed is exactly 44 houses, with 16 with active status, 5 with pending status and 23 sold in Madison .

The most popular place to buy a home in Madison is 13-Indiana. 13-Indiana is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Madison .

The average amount of property taxes you would have to pay for a home in Madison is $1,346.67. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Madison are staying listed for an average of 83 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Madison was 2463 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Madison is $798,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Madison is $85,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Madison in year 1833 and the newest built house is in year 9999.

The average size of properties in Madison is 2068.81 sq.ft. , the biggest one being 3986 sq.ft. and the smaller being 600 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.