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(SOLD) $495,000

5425 W County Road 1050 S Madison, IN  47250

  • 3 Beds
  • 2 Baths
  • 1,792 sq. Ft

Property Description for 5425 W County Road 1050 S Madison, IN 47250

Ready to get away from it all and start your own mini farm? Here's your chance! This beautiful 22 acre property has rolling hills, fenced-in pasture, large garden, animal stalls, chicken coops and more. The front porch looks like magazine cover. Sitting quietly down a long gravel road the property offers endless privacy. Enjoy beautiful sunrises from the front porch. Inside the home has an open concept floor plan with large living room, kitchen (with new appliances), updated bathroom with vanity, Bedrooms have hardwood floors, primary bedroom with en suite, and walk-in closet. Walkout Basement has finished family room area, utility room and large storage closet. Property has a detached pole barn with workshop, concrete floors and covered porch. The barn has a lean-to with 4 stalls. Water and electric are in the barns. There's also a large garden and more. House has new windows, HVAC, carpet and more. There's so much to love about this property. Leave the city and come to the farm. You won't want to leave.

Address:5425 W County Road 1050 S Madison IN 47250
Status:Sold
Sold On: 12/6/2024
Price:$514,900
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,792
Year Built:1920
Lot Size:22.00
County: Ripley
Township: Shelby
MLS #:21994964
Property Type:Single Family Residence

Lot Dimensions:958320
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,408
Total Sq. Ft. :1,792
Basement:Yes

Loan Price
$2,833
Price And Interest $2,582/month
Property Tax $45/month
MTG INS $0/month
HOME INS $206/month
Price
$495,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$45/month
Home Owner Insurance
$2,472 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 19x27 Main
Kitchen 13x14 Main
Primary Bedroom 15x15 Main
Bedroom 2 10x10 Main
Bedroom 3 17x12 Main
Utility Room 12x11 Basement
Family Room 23x19 Basement

Semi-Annual Property Tax:$270
Tax Year:2023
Mandatory HOA Fee:$

Area: 6910 - Ripley - Shelby
City:Madison
Subdivision: No Subdivision
Zip Code:47250

High School:South Ripley High School
Middle School:South Ripley Junior High School
Elementary School:South Ripley Elementary School

Total Sq. Ft.:1,792
Interior Features:Breakfast Bar, Walk-in Closet(s)
Interior Area(s):Utility Room
Eating Area(s):Dining Combo/Living Room
Appliances:Dishwasher, Dryer, Microwave, Refrigerator, Washer
Exterior Features:Barn Pole
Exterior Type:Other
Cool:Central Electric
Heat:Heat Pump
Water Heater:Dishwasher, Dryer, Microwave, Refrigerator, Washer
Total Rooms:7
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Tyler Stock with Coldwell Banker Martin Miller Lamb from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 08/04/2024 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 3498 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.