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$774,900

8701 E Splinter Ridge Road Madison, IN  47250

  • 2 Beds
  • 2 Baths
  • 1,540 sq. Ft

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Property Description for 8701 E Splinter Ridge Road Madison, IN 47250

Escape to this enchanting log cabin nestled on 20 picturesque acres overlooking the Ohio Valley River. A nature lover's paradise, this cozy retreat features two bedrooms with the potential for a third in the loft, all adorned with stunning hardwood floors. The property includes a spacious two-car detached garage with a workshop, perfect for outdoor enthusiasts and hobbyists. Recent upgrades include a whole-house geothermal heating and cooling system installed in 2018, providing year-round comfort. Renowned for its hunting and abundant wildlife, this serene property offers a peaceful escape from city life. With breathtaking scenic views and tranquil surroundings, it's also an excellent opportunity for an Airbnb investment, attracting guests eager to immerse themselves in nature. Discover the beauty of the great outdoors right at your doorstep in this one-of-a-kind cabin retreat!

Address:8701 E Splinter Ridge Road Madison IN 47250
Status:Active
on site: 15 days
Price:$774,900
Bedrooms:2 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,540
Year Built:1995
Lot Size:20.00
County: Jefferson
Township: Milton
MLS #:22006754
Property Type:Single Family Residence

Lot Dimensions:871200
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,540
Total Sq. Ft. :1,540

Loan Price
$4,416
Price And Interest $4,042/month
Property Tax $51/month
MTG INS $0/month
HOME INS $323/month
Price
$774,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$51/month
Home Owner Insurance
$3,876 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 1x1 Main
Dining Room 1x1 Main
Kitchen 1x1 Main
Laundry 1x1 Main
Primary Bedroom 1x1 Main
Bedroom 2 1x1 Main
Loft 1x1 Main

Semi-Annual Property Tax:$307
Tax Year:2023
Mandatory HOA Fee:$

Area: 3907 - Jefferson - Milton
City:Madison
Subdivision: No Subdivision
Zip Code:47250

Middle School:Madison Consolidated Jr High Sch

Total Sq. Ft.:1,540
Interior Features:Attic Access, Hardwood Floors, Windows Vinyl
Eating Area(s):Formal Dining Room
Appliances:Dryer, Microwave, Electric Oven, Refrigerator, Washer
Exterior Type:Log, Log Siding, Wood With Stone
Fireplace(s):Insert, Gas Log
Cool:Central Electric
Heat:Electric, Geothermal
Water Heater:Dryer, Microwave, Electric Oven, 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

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Listing provided courtesy of Brittany Owen with Indiana Hometown Realty from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/13/2024 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

214
Avg. DOM
$194.28
Avg. $ / Sq.Ft.
$ 258,000
Med. List Price

The house prices in Madison are indeed dropping at the moment. There has been a decrease in price of $294,075.00. 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 $242,450.00 and the average price per square feet is $174.28 per square feet. At the moment, the amount of homes listed is exactly 68 houses, with 18 with active status, 5 with pending status and 45 sold in Madison .

The most popular place to buy a home in Madison is 12-Other Counties. 12-Other Counties 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 $1,108.00. 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 75 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 3679 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 $39,950.00 . 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 1826.11 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.