Loads of potential in this 3 bed, 1.5 bath home! Fenced yard and partially wooded, 1 acre lot. Convenient location to all Madison has to offer! Investors take notice! Home is currently tenant occupied, renting at $800 on month to month lease. Tenant has expressed interest in signing a new lease and staying if buyer chooses. Split floor plan. Detached garage and carport for covered parking and storage PLUS two large garden sheds. 24 hour notice required for all showings. All inspections welcome, home is being sold as is. Make sure you schedule today!
Single-familyProperty Type
1955Year Built
1 acresLot Size
$173Est. Price/Sq.Ft.
2 car garageParking
Listed by Chris Hogue• Lopp Real Estate Brokers
Bought with John Demaree• F.C. Tucker/Scott Lynch Group
Source:SIRA #2023011605
Redfin Estimate
$221,278
$71K since sold in August 2024$6,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 2% higher than the average sale price ($217K) of 6 comparable homes.
Loads of potential in this 3 bed, 1.5 bath home! Fenced yard and partially wooded, 1 acre lot. Convenient location to all Madison has to offer! Investors take notice! Home is currently tenant occupied, renting at $800 on month to month lease. Tenant has expressed interest in signing a new lease and staying if buyer chooses. Split floor plan. Detached garage and carport for covered parking and storage PLUS two large garden sheds. 24 hour notice required for all showings. All inspections welcome, home is being sold as is. Make sure you schedule today!
Year
Property tax
Land + Additions
Assessment*
2025
$945 (+8.6%)
$20,000 + $119,500
$139,500
2024
$870 (−62.3%)
$20,000 + $101,100
$121,100
2023
$2,307 (+285.4%)
$20,000 + $101,100
$121,100
2022
$599 (+17.0%)
$20,000 + $90,400
$110,400
2021
$512 (+18.7%)
$20,000 + $83,000
$103,000
2020
$431 (+4.6%)
$20,000 + $77,400
$97,400
2019
$412 (+4.8%)
$20,000 + $77,500
$97,500
2018
$393 (+4.3%)
$20,000 + $77,500
$97,500
2017
$377 (+5.0%)
$20,000 + $76,800
$96,800
2016
$359 (−1.9%)
$20,000 + $77,000
$97,000
2015
$366 (−1.9%)
$20,000 + $75,200
$95,200
2013
$373
$20,000 + $76,600
$96,600
Tax history for 1253 N Borcherding Rd
Year
Property tax
Land + Additions
Assessment*
2025
$945 (+8.6%)
$20,000 + $119,500
$139,500
2024
$870 (−62.3%)
$20,000 + $101,100
$121,100
2023
$2,307 (+285.4%)
$20,000 + $101,100
$121,100
2022
$599 (+17.0%)
$20,000 + $90,400
$110,400
2021
$512 (+18.7%)
$20,000 + $83,000
$103,000
2020
$431 (+4.6%)
$20,000 + $77,400
$97,400
2019
$412 (+4.8%)
$20,000 + $77,500
$97,500
2018
$393 (+4.3%)
$20,000 + $77,500
$97,500
2017
$377 (+5.0%)
$20,000 + $76,800
$96,800
2016
$359 (−1.9%)
$20,000 + $77,000
$97,000
2015
$366 (−1.9%)
$20,000 + $75,200
$95,200
2013
$373
$20,000 + $76,600
$96,600
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Property details
Interior
Bathroom Information
# of Full Baths: 2
# of Bathroom Fixtures: 8
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air
Room Information
# of Rooms: 5
Exterior
Exterior Information
Physical Condition: Average
Construction Type: Wood
Building Type: Single Family
Property Information
Living Sq. Ft: 1,280
Adjusted Gross Sq. Ft: 1,280
Building Sq. Ft: 1,280
# of Stories: 1
Legal Description: 010-00805-00 E SIDE SW SW 30-4-10 1A 10-34-19 1253 N BORCHERDING RD
Parking & Garage Information
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 336
Garage / Carport Type: Detached
Lot Information
# of Buildings: 1
Land Sq. Ft: 43,560
Municipality Name: MADISON TOWNSHIP
Acres: 1
County Use Description: SINGLE FAMILY PLATTED LOT
Utility Information
Electricity / Wiring Type: Available
Water Service Type: Public
Financial
Assessor Information
Assessment Year: 2025
Tax District County: MADISON TOWNSHIP
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,280
Stories: 1.0
Lot Size: 1 acres
Style: Single Family Residential
Year Built: 1955
Year Renovated: 1955
County: Jefferson County
APN: 390830000026000006
Home facts updated by county records on Aug 26, 2026
Around this home
Schools
Madison Consolidated Junior High School
Public 5-8 • Assigned • 3.0mi
6/10
Madison Consolidated High School
Public 9-12 • Assigned • 3.2mi
6/10
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
4/10 Heat Factor
7 days above 104° expected this year, 19 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Madison, IN • 47250
Average low and high temperatures (°F)
35
19
44
27
62
41
69
49
71
54
83
64
87
70
83
62
81
58
70
47
55
39
44
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.3 hours in
June and 3.4 hours in December, placing it below the
U.S. average for solar exposure.
9.3 hrs
3.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$211,000 – $255,000
Sell confidently with a local market expert in Madison. 3 minutes to get started.