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$349,900 ↓$20,000on 9/25/2024

511 Miles Ridge Road Madison, IN  47250

  • 4 Beds
  • 4 Baths
  • 2,370 sq. Ft

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Property Description for 511 Miles Ridge Road Madison, IN 47250

Welcome to this 4-bedroom, 2 full, and 2 half-bath residence that is nestled in a highly sought-after neighborhood. The front of the house boasts charming cobblestone accents, adding to its curb appeal. As you step inside, you'll be greeted by an inviting open staircase that sets the tone for the spacious layout. The main bedroom is conveniently located on the first floor and features a luxurious full bath. Upstairs, you'll find three additional bedrooms, each with oversized closets, providing ample storage space. Enjoy outdoor living on the large deck off the back of the house, perfect for entertaining or relaxing. The property includes an attached 2-car garage and an impressive 24 x 30 detached garage. The detached garage features 9-foot ceilings, a built-in workbench, and an upstairs area that can be transformed into a hobby room or additional living space. A driveway ensures easy access to the detached garage, making it ideal for car enthusiasts or those needing extra storage. Don't miss the opportunity to make this exceptional home yours! For more information, see attached feature sheet.

Address:511 Miles Ridge Road Madison IN 47250
Status:Active
on site: 127 days
Price:$349,900
Bedrooms:4 Beds
Bathrooms:2 Full Baths, 2 Half Baths
Sq. Feet:2,370
Year Built:1993
Lot Size:0.35
County: Jefferson_IN
Township: Madison
MLS #:202408955
Property Type:Residential

Lot Dimensions:15246
Road Surface:Paved
Zoning:Residential
Water Source:Connected, Public
Directions:From Michigan and Clifty Drive head South on Michigan Rd. Make a left onto Miles Ridge Rd. The property will be located on your left in 0.6 miles.
Upper Level Sq. Ft. :2,370
Total Sq. Ft. :2,370
Sq. Ft. Source:Appraiser

Loan Price
$2,173
Price And Interest $1,825/month
Property Tax $202/month
MTG INS $0/month
HOME INS $146/month
Price
$349,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$202/month
Home Owner Insurance
$1,752 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
09/25/24 $369,900 $349,900 -5.41%
09/04/24 $374,500 $369,900 -1.23%

RoomSizeLevel
Bedroom 11 x 12 Second
Bedroom 10 x 15 Second
LivingRoom 12 x 14 First
DiningRoom 12 x 13 First
Kitchen 12 x 15 First
PrimaryBedroom 14 x 15 First
Bedroom 14 x 15 Second
Other 8 x 10 First
FamilyRoom 15 x 15 First

Semi-Annual Property Tax:$1,211
Mandatory HOA Fee:$

Area: Hilltop
City:Madison
Subdivision: Miles Ridge
Zip Code:47250

Total Sq. Ft.:2,370
Interior Features:SeparateFormalDiningRoom, EatinKitchen, MainLevelPrimary, UtilityRoom, VaultedCeilings
Appliances:Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, WaterSoftener, Washer
Porch / Patio:Deck
Exterior Features:Deck, Landscaping, PavedDriveway
Exterior Type:Stone, VinylSiding
Cool:CentralAir
Heat:Geothermal
Total Rooms:9
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 Jim Pruett with eXp Realty, LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Madison Market Report

211
Avg. DOM
$200.27
Avg. $ / Sq.Ft.
$ 310,000
Med. List Price

The house prices in Madison are not dropping at the moment. There has been a increase in price of $183,546.43. 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 Up. The average house price is $285,000.00 and the average price per square feet is $196.90 per square feet. At the moment, the amount of homes listed is exactly 51 houses, with 21 with active status, 4 with pending status and 26 sold in Madison .

The most popular place to buy a home in Madison is 3906 - Jefferson - Madison. 3906 - Jefferson - Madison 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 $969.71. 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 77 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 6895 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 1905.05 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.