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(SOLD) $227,000

9627 E Vernon Ridge Road Madison, IN  47250

  • 2 Beds
  • 1 Baths
  • 720 sq. Ft

Property Description for 9627 E Vernon Ridge Road Madison, IN 47250

Just in time for summer break, this fun cabin is ready for hosting. Sitting on +/- 26.13 acres with gravel road access on two sides, it offers the potential for an additional building lot on a +/-4 acre grassy pasture at the opposite end from the cabin. The site features public water and electricity, complemented by a full kitchen and bathroom. The cozy interior is heated with baseboard heaters and cooled with wall AC units on both floors. Upstairs, you'll find two bedrooms, one on each side of the staircase. The property includes a covered front porch, a rear deck, and a backyard shed for storage. The woods have been undisturbed for over 30 years and are rich with black walnut and pawpaw trees, along with native Indiana plants like mayapples, clovers, ferns, and wildflowers. A new trail has been around the entire perimeter and a new survey is being completed. Located in a secluded part of eastern Jefferson County, this area experiences minimal road traffic, ensuring peace and tranquility. Property shown by appointment only to prequalified buyers

Address:9627 E Vernon Ridge Road Madison IN 47250
Status:Sold
Sold On: 9/30/2024
Price:$235,000
Bedrooms:2 Beds
Bathrooms:1 Full Baths
Sq. Feet:720
Year Built:1980
Lot Size:26.13
County: Jefferson
Township: Milton
MLS #:21979497
Property Type:Single Family Residence

Lot Dimensions:1138223
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :480
Upper Level Sq. Ft. :240
Total Sq. Ft. :720

Loan Price
$1,383
Price And Interest $1,184/month
Property Tax $104/month
MTG INS $0/month
HOME INS $95/month
Price
$227,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$104/month
Home Owner Insurance
$1,140 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 16 x 30 Main
Primary Bedroom 8 x 12 Upper
Bedroom 2 8 x 12 Upper

Semi-Annual Property Tax:$625
Tax Year:2023
Mandatory HOA Fee:$

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

Middle School:Madison Consolidated Jr High Sch

Total Sq. Ft.:720
Interior Features:Screens Complete
Eating Area(s):Dining Combo/Kitchen
Appliances:Electric Water Heater, Kitchen Exhaust, Microwave, Electric Oven, Refrigerator
Exterior Type:Wood
Cool:Wall Unit(s)
Heat:Baseboard, Gravity
Water Heater:Electric Water Heater, Kitchen Exhaust, Microwave, Electric Oven, Refrigerator
Total Rooms:3
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 Brad Garrison with Whitetail Properties from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 05/16/2024 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

229
Avg. DOM
$170.02
Avg. $ / Sq.Ft.
$ 271,500
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 5201 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.