This home's estimate is 14.1% higher than the average sale price ($253K) of 6 comparable homes.
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131 N Borcherding Rd, Madison, IN 47250
About this home
Country living close to Hanover and Madison. Just at 3.21 acres, there is plenty of room for a garden or just to roam. This home has many upgrades that include; ceiling fans, rewiring of whole house, laminate floor, vinyl plank, windows, all light fixtures, kitchen appliances, some crown molding. The master bedroom has all new drywall, crown molding, large closet and walk-in closet. Master bath has been updated. All new interior doors (except bi-fold doors). 24' X 30' detached garage with concrete floor, lots of lights and shelving with work bench area. 2 garage door openers with newer insulated garage doors and man door. 60 amp service in garage. Pole barn has concrete floor with electric. Small 8' x 6' green house behind pole barn. Large deck on back of house along with new outside lights.
Redfin Estimate
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Market trends in 47243, IN
Last updated August 2026
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Sale history for 131 N Borcherding Rd
$140/sq ft
$137/sq ft
$86/sq ft
$86/sq ft
$89/sq ft





* Country living, close to town. * 3.21 acres m/l. * Spacious eat-in kitchen. * Large master bedroom w/ attached bath. * Shaded deck. * 24 x 30 detached garage. , Flooring = Carpet, Vinyl,
Tax history for 131 N Borcherding Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Garage/Carport Information
- Has Garage
- # of Garage Spaces: 2
- Parking
- Features: Detached, Garage, Garage Door Opener
Interior
- Bathroom Information
- # of Full Bathrooms: 2
- Room Information
- # of Rooms (Total): 5
- Laundry Information
- Features: Main Level, Laundry Room
- Equipment
- Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Washer
- Interior Features
- Window Features: Thermal Windows
- Other Features: Ceiling Fan(s), Kitchen Island, Bath in Master Bedroom, Main Level Master, Split Bedrooms, Utility Room
Exterior
- Building Information
- Stories: 1
- Roof Details: Shingle
- Construction Details: Frame, Vinyl Siding
- Exterior Features
- Exterior Features: Deck, Porch
- Patio And Porch Features: Deck, Porch
- Other Structures: Garage(s), Pole Barn
- Security Features: Security System
- Lot Information
- Lot Size Area: 3.21
- Lot Size Acres: 3.21
- Lot Size Source: Assessor
- Lot Features: Garden, Stream/Creek
- Road Surface Type: Paved
- Waterfront Features: Creek
- Zoning: Residential
- Zoning Description: Residential
- Property Information
- Above Grade Finished Area: 1,460
- Foundation Details: Block
Financial
- Tax Information
- Annual Tax Amount: $851
- Lease Information
- Lease Expiration: 2022-03-10
Utilities
- Utility Information
- Sewer: Public Sewer
- Water Source: Connected, Public
- Heating & Cooling
- Has Cooling
- Cooling: Central Air
- Has Heating
- Heating: Baseboard, Heat Pump
Public facts
- Beds: 3
- Baths: 2.0
- Sq. Ft.: 1,452
- Stories: 1.0
- Lot Size: 3.21 acres
- Style: Single Family Residential
- Year Built: 1971
- Year Renovated: 1971
- County: Jefferson County
- APN: 390831000036001006
Around this home
Schools
Public 5-8 • Assigned • 3.5mi
Public 9-12 • Assigned • 3.8mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 104° expected this year, 19 days in 30 years
1% chance of strong winds in next 30 years
0 unhealthy days expected this year, 1 days in 30 years
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.
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Nearby similar homes
New listings for sale in 47250
Home values near 131 N Borcherding Rd
| Address | Redfin Estimate |
|---|---|
3 Beds | 1.5 Baths | 2250 Sq. Ft. | $275,396 |
3 Beds | 2 Baths | 1680 Sq. Ft. | $288,725 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 3 Baths | 2664 Sq. Ft. | $348,420 |
3 Beds | 2 Baths | 1696 Sq. Ft. | $274,103 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1789 Sq. Ft. | $329,521 |
3 Beds | 1.5 Baths | 1840 Sq. Ft. | $263,783 |
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