Google street view image for 721 W Madison St, Alexandria, IN 46001

Off market

$84,392

•

1 ba

•

942

sq ft

721 W Madison St, Alexandria, IN 46001

About this home

721 W Madison St is a 942 square foot house on a 5,101 square foot lot with 2 bedrooms and 1 bathroom. Based on Redfin's Alexandria data, we estimate the home's value is $84,392.

Single-familyProperty Type

1899Year Built

5,101 sq ftLot Size

$90Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$84,392

$7,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 39.9% lower than the average sale price ($140K) of 6 comparable homes.

SOLD JUL 7, 2026
$153,500
A
3 beds2 baths2,496 sq ft
504 W Washington St, Alexandria, IN 46001
SOLD JUL 29, 2026
$135,000
B
2 beds1 bath1,904 sq ft
609 W Broadway St, Alexandria, IN 46001
SOLD JUL 30, 2026
$187,000
C
3 beds1 bath1,379 sq ft
708 W Monroe St, Alexandria, IN 46001
SOLD SEP 11, 2026
$164,900
D
3 beds1 bath1,244 sq ft
402 W Monroe St, Alexandria, IN 46001
SOLD APR 29, 2026
$140,000
E
2 beds1 bath865 sq ft
805 W Broadway St, Alexandria, IN 46001
SOLD JUL 8, 2026
$62,000
F
2 beds1 bath1,039 sq ft
202 N West St, Alexandria, IN 46001

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Earn from this home

Rent

$1,220/mo

Redfin rental estimate

List your home for rent

Market trends in 46001, IN

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

97.7%

+0.2% MoM

Median sale price

$194K

$7K MoM

Avg. days on market

15d

2 days MoM

Recently sold homes

4 MoM

New listings for sale

$289,900
3 beds2 baths2,438 sq ft
7434 N 425 Rd, Alexandria, IN 46001
$675,309
4 beds3 baths2,444 sq ft
10860 N 450 W, Alexandria, IN 46001
$55,000
3 beds1 bath1,062 sq ft
804 W 4th St, Alexandria, IN 46001
$224,900
4 beds1.5 baths1,549 sq ft
168 E Benton St, Alexandria, IN 46001
$189,500
3 beds2 baths1,558 sq ft
515 S Harrison St, Alexandria, IN 46001
$255,000
2 beds2 baths1,409 sq ft
112 Cardinal Ln, Alexandria, IN 46001
$289,000
2 beds2 baths2,036 sq ft
2202 Quail Run, Alexandria, IN 46001
See all

Provided by Redfin

Sale history for 721 W Madison St

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2025

$792 (+5.8%)

$9,000 + $23,200

$32,200

2024

$749 (+7.3%)

$9,000 + $23,200

$32,200

2023

$698 (+1.3%)

$9,000 + $23,200

$32,200

2022

$688 (+3.2%)

$8,600 + $21,000

$29,600

2021

$667 (+6.2%)

$8,000 + $21,000

$29,000

2020

$628 (+1.3%)

$8,000 + $19,300

$27,300

2019

$620 (+6.9%)

$7,600 + $18,400

$26,000

2018

$580 (−18.2%)

$7,600 + $17,800

$25,400

2017

$709 (+3.2%)

$7,600 + $27,800

$35,400

2016

$687 (+4.2%)

$7,600 + $27,800

$35,400

2015

$659 (+1.2%)

$7,400 + $26,900

$34,300

2014

$651

$7,100 + $25,800

$32,900

2013

$651

$7,100 + $25,400

$32,500

Tax history for 721 W Madison St

Year

Property tax

Land + Additions

Assessment*

2025

$792 (+5.8%)

$9,000 + $23,200

$32,200

2024

$749 (+7.3%)

$9,000 + $23,200

$32,200

2023

$698 (+1.3%)

$9,000 + $23,200

$32,200

2022

$688 (+3.2%)

$8,600 + $21,000

$29,600

2021

$667 (+6.2%)

$8,000 + $21,000

$29,000

2020

$628 (+1.3%)

$8,000 + $19,300

$27,300

2019

$620 (+6.9%)

$7,600 + $18,400

$26,000

2018

$580 (−18.2%)

$7,600 + $17,800

$25,400

2017

$709 (+3.2%)

$7,600 + $27,800

$35,400

2016

$687 (+4.2%)

$7,600 + $27,800

$35,400

2015

$659 (+1.2%)

$7,400 + $26,900

$34,300

2014

$651

$7,100 + $25,800

$32,900

2013

$651

$7,100 + $25,400

$32,500

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

Residential District

Districts designated for residential use, R-1 and R-2, are limited to dwellings and public or semi-public uses which are normally associated with residential neighborhoods. The only uses permitted in the residential districts are those which would not detract from the residential character of the neighborhood. The purpose of these two districts is to create an attractive, stable, and orderly residential environment. However, the families per dwelling and the lot and yard requirements are different in the two districts to provide for the various housing needs and desires of the citizens.

Permitted uses

Include but are not limited to:

Religious facility
Housing-Single unit
Housing-Multiple units
Educational/school
Fire house
Police station
Park & open space

Property details

Interior

Bathroom Information
# of Full Baths: 1
# of Bathroom Fixtures: 3

Heating & Cooling
Heating Type: Warm Air

Room Information
# of Rooms: 5

Exterior

Exterior Information
Physical Condition: Fair
Construction Type: Wood
Building Type: Single Family

Property Information
Subdivision Name: ALEXANDRIA LAND & GAS CO
Living Sq. Ft: 942
Adjusted Gross Sq. Ft: 942
Ground Floor Sq. Ft: 942
Building Sq. Ft: 942
# of Stories: 1
Legal Description: A L & G CO 1ST 0.0000ACRES STR: 00000 SECTION: PLAT: 00 IN: OUT:

Lot Information
# of Buildings: 1
Land Sq. Ft: 5,101
Legal Lot Number: 280
Municipality Name: MONROE TOWNSHIP
Acres: 0.1171
Depth Footage: 102
Front Footage: 50
County Use Description: ONE FAMILY DWELL ON PLATTED

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 942
Stories: 1.0
Lot Size: 5,101 square feet
Style: Single Family Residential
Year Built: 1899
Year Renovated: 1949
County: Madison County
APN: 480513304162000022

Home facts updated by county records on Sep 28, 2026

Around this home

Schools

Alexandria-Monroe Elementary School

Public PreK-6 • Assigned • 1.2mi

8/10

Alexandria-Monroe Junior/Senior School

Public 7-12 • Assigned • 1.0mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 100° expected this year, 18 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Alexandria, IN • 46001

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.2 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

10.2 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$81,000 – $98,000

Sell confidently with a local market expert in Alexandria. 3 minutes to get started.

Nearby similar homes

$214,900

3 beds1.5 baths1,626 sq ft

2163 E 1700 Rd N, Summitville, IN 46070

$289,900

3 beds2 baths2,438 sq ft

7434 N 425 Rd, Alexandria, IN 46001

$675,309

4 beds3 baths2,444 sq ft

10860 N 450 W, Alexandria, IN 46001

$159,900

5 beds3 baths3,914 sq ft

3862 W 500 Rd N, Anderson, IN 46011

$255,000

2 beds2 baths1,409 sq ft

112 Cardinal Ln, Alexandria, IN 46001

$225,000

4 beds2.5 baths2,554 sq ft

604 E Mill St, Summitville, IN 46070

New listings for sale in 46001

$289,900

3 beds2 baths2,438 sq ft

7434 N 425 Rd, Alexandria, IN 46001

$675,309

4 beds3 baths2,444 sq ft

10860 N 450 W, Alexandria, IN 46001

$55,000

3 beds1 bath1,062 sq ft

804 W 4th St, Alexandria, IN 46001

$224,900

4 beds1.5 baths1,549 sq ft

168 E Benton St, Alexandria, IN 46001

$189,500

3 beds2 baths1,558 sq ft

515 S Harrison St, Alexandria, IN 46001

$255,000

2 beds2 baths1,409 sq ft

112 Cardinal Ln, Alexandria, IN 46001

$289,000

2 beds2 baths2,036 sq ft

2202 Quail Run, Alexandria, IN 46001

Home values near 721 W Madison St

Data from public records.

Address	Redfin Estimate
725 W Madison Street, Alexandria, IN 3 Beds \| 1.5 Baths \| 1320 Sq. Ft.	$119,421
716 W Madison Street, Alexandria, IN 2 Beds \| 1 Baths \| 1242 Sq. Ft.	$147,380

Address	Redfin Estimate
711 W Madison Street, Alexandria, IN 2 Beds \| 1 Baths \| 1125 Sq. Ft.	$115,914
714 W Madison Street, Alexandria, IN 2 Beds \| 1 Baths \| 912 Sq. Ft.	$80,787

Address	Redfin Estimate
717 W Madison Street, Alexandria, IN 2 Beds \| 1 Baths \| 935 Sq. Ft.	$124,307
722 W Madison Street, Alexandria, IN 2 Beds \| 1 Baths \| 1040 Sq. Ft.	$124,647

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