OFF MARKET

Off market feb 2019 for $215K

$371,979

Est. refi paymentEst. refi $1,467/mo

•

1,890

sq ft

1948 E Schafer Rd, Madison, IN 47250

About this home

Beautiful home with open floor plan, very close to Madison Hilltop! Amazing hardwood floors in entryway, family room and kitchen. Very nice trim package with crown molding. This home has 2 x 6 exterior walls and is super insulated. Kitchen includes all appliances, very nice cabinets with lots of storage, and has an island bar with electric. Utility room has half bath. 2 car attached garage and 36 x 38 detached garage that will hold up to 3 vehicles. Electric and water spigot in front of garage. 16 x 16 deck with nice aluminum railing. This home is a must see, has been very well cared for, and is move-in-ready!, Flooring = Carpet, Hardwood, Vinyl,

Single-familyProperty Type

1992Year Built

0.74 acresLot Size

$197Est. Price/Sq.Ft.

2 car garageParking

Listed by David Jenkins • Real Estate Inc

Bought with David Jenkins • Real Estate Inc

Redfin checked: a few seconds ago

•Source:SIRA #J20190019

Redfin Estimate

$371,979

$157K since sold in February 2019$1,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 19% higher than the average sale price ($313K) of 6 comparable homes.

SOLD SEP 16, 2026
$239,000
A
3 beds2.5 baths1,880 sq ft
2312 Cherry Dr, Madison, IN 47250
SOLD AUG 24, 2026
$294,000
B
3 beds2 baths1,671 sq ft
1203 Rabbit Ln, Madison, IN 47250
SOLD AUG 14, 2026
$295,000
C
3 beds2 baths1,674 sq ft
1041 Rabbit Ln, Madison, IN 47250
SOLD AUG 24, 2026
$305,000
D
3 beds2 baths1,867 sq ft
2330 Cragmont St, Madison, IN 47250
SOLD OCT 29, 2026
$282,500
E
3 beds2 baths1,867 sq ft
2357 Sunset Ct, Madison, IN 47250
EXP Realty LLC
SOLD MAY 14, 2026
$460,000
F
3 beds2.5 baths2,057 sq ft
1361 E Scenic View Dr, Madison, IN 47250

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Earn from this home

Refinance

Est. cash available

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Rent

$2,989/mo

Redfin rental estimate

List your home for rent

Market trends in 47250, IN

Last updated October 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-list price

96.3%

+0.6% MoM

Median sale price

$270K

$15K MoM

Avg. days on market

63d

3 days MoM

Recently sold homes

4 MoM

New listings for sale

NEW 1 HR AGO
$850,000
3 beds3 baths3,125 sq ft
819 W 1st St, Madison, IN 47250
$595,000
4 beds4 baths3,914 sq ft
934 W Main St, Madison, IN 47250
$1,100,000
3 beds3.5 baths3,438 sq ft
3617 N Graham Rd, Madison, IN 47250
$194,900
3 beds1 bath1,008 sq ft
3380 N Quail Dr, Madison, IN 47250
$179,900
3 beds1.5 baths1,008 sq ft
3335 N Quail Dr, Madison, IN 47250
$83,900
1 bed1 bath1,052 sq ft
622 Jefferson St, Madison, IN 47250
$379,900
3 beds2 baths1,793 sq ft
1213 Hatteras Way #103, Madison, IN 47250
$219,000
3 beds3 baths2,648 sq ft
4606 W Sr 250, Madison, IN 47250
$950,000
2 beds1 bath1,161 sq ft
602 Clifty Dr, Madison, IN 47250
$329,900
2 beds1.5 baths1,788 sq ft
426 East St, Madison, IN 47250
See all

Provided by Redfin

Sale history for 1948 E Schafer Rd

Date

Event

Price

Public Records

Jul 7, 2020

Sold

$235,000

$124/sq ft

SIRA #J20190019

Feb 16, 2019

Sold

$215,000

$114/sq ft

Jan 10, 2019

Listed

$234,900

$124/sq ft

Public Records

Aug 20, 2015

Sold

$196,900

$104/sq ft

Public Records

Oct 1, 2012

Sold

$50,000

$26/sq ft

SIRA #J20120354

Sep 28, 2012

Sold

$56,000

$30/sq ft

Jun 15, 2012

Listed

$74,900

$40/sq ft

SIRA #201108297

Jun 14, 2012

Sold

$40,587

$21/sq ft

Jan 4, 2012

Listed

$97,605

$52/sq ft

Large home with 3 bedrooms/2.5 baths on . 70 of an acre in Madison. Attached 2 car garage as well as detached garage with additional office/workshop space. Home sold as is. Prospective buyers are advised to conduct independent assessment of property condition and features. Information is not verified or warranted. It is illegal to discriminate against any person because of race, color, religion, sex, handicap, familial status or national origin. Sq. Ft. & room sizes are approximate. Taxes are '10 pay '11 and may reflect deductions that may not continue to apply, possibly resulting in a higher tax bill. Case No. 151-930428

Public Records

Dec 12, 2011

Sold

$160,990

$85/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$1,771 (+3.3%)

$18,700 + $204,300

$223,000

2024

$1,714 (−4.9%)

$18,700 + $175,900

$194,600

2023

$1,802 (−0.2%)

$18,700 + $175,900

$194,600

2022

$1,806 (+10.4%)

$18,700 + $166,100

$184,800

2021

$1,636 (+15.2%)

$18,700 + $152,000

$170,700

2020

$1,421 (+1.0%)

$18,700 + $138,800

$157,500

2019

$1,407 (+30.3%)

$18,700 + $138,800

$157,500

2018

$1,079 (+1.3%)

$18,700 + $119,900

$138,600

2017

$1,065 (+5.8%)

$18,700 + $120,700

$139,400

2016

$1,006 (+0.5%)

$18,700 + $120,800

$139,500

2015

$1,001 (−16.3%)

$18,700 + $118,100

$136,800

2013

$1,196

$18,700 + $132,700

$151,400

Tax history for 1948 E Schafer Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,771 (+3.3%)

$18,700 + $204,300

$223,000

2024

$1,714 (−4.9%)

$18,700 + $175,900

$194,600

2023

$1,802 (−0.2%)

$18,700 + $175,900

$194,600

2022

$1,806 (+10.4%)

$18,700 + $166,100

$184,800

2021

$1,636 (+15.2%)

$18,700 + $152,000

$170,700

2020

$1,421 (+1.0%)

$18,700 + $138,800

$157,500

2019

$1,407 (+30.3%)

$18,700 + $138,800

$157,500

2018

$1,079 (+1.3%)

$18,700 + $119,900

$138,600

2017

$1,065 (+5.8%)

$18,700 + $120,700

$139,400

2016

$1,006 (+0.5%)

$18,700 + $120,800

$139,500

2015

$1,001 (−16.3%)

$18,700 + $118,100

$136,800

2013

$1,196

$18,700 + $132,700

$151,400

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

Public record

Beds

Baths

2.5

Stories

1.5

Lot width

—

Lot depth

—

Lot size

0.74 Acres

Year renovated

1992

Sq. Ft.

2,520

Year built

1992

Style

Single Family Residential

County

Jefferson County

APN

390813000022001006

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 9, 2026.

Property details

Parking

Garage/Carport Information
Has Garage
Has Attached Garage
# of Garage Spaces: 2

Parking
Features: Attached, Detached, Garage, Garage Door Opener

Interior

Bathroom Information
# of Full Bathrooms: 2
# of Half Bathrooms: 1

Room Information
# of Rooms (Total): 14
Has Basement
Basement Information: Crawl Space

Room 1 Information
Other
Description: Utility Room Size : 7.6 x 9.6
Level: First

Room 2 Information
Description: MainBedroom Size : 13 x 13.6
Level: First

Room 3 Information
Dining Room
Level: First

Room 4 Information
Half Bath
Level: First

Room 5 Information
Bedroom
Description: Bedroom Size : 13 x 20
Level: Second

Room 6 Information
Half Bath
Level: Second

Room 7 Information
Bedroom
Description: Bedroom Size : 13 x 19
Level: Second

Room 8 Information
Full Bath
Level: Second

Room 9 Information
Full Bath
Level: First

Room 10 Information
Living Room
Description: Living Room Size : 13 x 18
Level: First

Room 11 Information
Family Room
Description: Family Room Size : 13 x 20.6
Level: First

Room 12 Information
Full Bath
Level: Lower

Room 13 Information
Kitchen
Description: Kitchen Size : 11 x 13
Level: First

Room 14 Information
Half Bath
Level: Lower

Equipment
Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator

Interior Features
Window Features: Blinds, Thermal Windows
Other Features: Window Treatments

Exterior

Building Information
Roof Details: Shingle
Construction Details: Vinyl Siding, Frame

Exterior Features
Exterior Features: Deck, Paved Driveway
Patio And Porch Features: Deck

Lot Information
Lot Size Area: 0.74
Lot Size Acres: 0.74
Lot Size Dimensions: .74 Acre

Property Information
Above Grade Finished Area: 1,890
Foundation Details: Block

Financial

Tax Information
Annual Tax Amount: $1,064

Utilities

Utility Information
Utilities: Sewer Available, Water Available
Sewer: Sanitary
Water Source: Not Connected, Public

Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Heat Pump

Public facts

Beds: 3
Baths: 2.5
Sq. Ft.: 2,520
Stories: 1.5
Lot Size: 0.74 acres
Style: Single Family Residential
Year Built: 1992
Year Renovated: 1992
County: Jefferson County
APN: 390813000022001006

Home facts updated by county records on Sep 8, 2026

Around this home

Schools

K - 12
Preschool & daycare

Rykers' Ridge Elementary School

Public PreK-4 • Assigned • 1.4mi

7/10

Madison Consolidated Junior High School

Public 5-8 • Assigned • 3.1mi

6/10

Madison Consolidated High School

Public 9-12 • Assigned • 2.9mi

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

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

Provided by First Street

Historical weather

Madison, IN • 47250

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 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

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Home values near 1948 E Schafer Rd

Data from public records.

Address	Redfin Estimate
1905 E Schafer Road, Madison, IN 3 Beds \| 1 Baths \| 1700 Sq. Ft.	$190,458
3703 N Old SR 62, Madison, IN 3 Beds \| 1 Baths \| 1592 Sq. Ft.	$222,384
3446 N Old SR 62, Madison, IN 3 Beds \| 1 Baths \| 1200 Sq. Ft.	$227,912
3164 N Old SR 62, Madison, IN 3 Beds \| 2 Baths \| 1680 Sq. Ft.	$257,778
3277 N Old SR 62, Madison, IN 3 Beds \| 2 Baths \| 2215 Sq. Ft.	$381,438
3410 N Old SR 62, Madison, IN 3 Beds \| 1.5 Baths \| 1508 Sq. Ft.	$253,968
3236 N Old SR 62, Madison, IN 4 Beds \| 1 Baths \| 1568 Sq. Ft.	$252,869

Address	Redfin Estimate
1958 E Schafer Road, Madison, IN 2 Beds \| 2 Baths \| 1400 Sq. Ft.	$297,589
3535 N Old SR 62, Madison, IN 4 Beds \| 2 Baths \| 3864 Sq. Ft.	$359,146
3340 N Old SR 62, Madison, IN 4 Beds \| 2.5 Baths \| 2052 Sq. Ft.	$200,708
3189 N Old SR 62, Madison, IN 3 Beds \| 2 Baths \| 1496 Sq. Ft.	$302,429
3223 N Old SR 62, Madison, IN 4 Beds \| 4 Baths \| 2848 Sq. Ft.	$527,333
3725 N Old SR 62, Madison, IN 3 Beds \| 1 Baths \| 1012 Sq. Ft.	$196,509
3650 N Old SR 62, Madison, IN 3 Beds \| 1 Baths \| 2444 Sq. Ft.	$309,538

Address	Redfin Estimate
2005 E Schafer Road, Madison, IN 4 Beds \| 1 Baths \| 2420 Sq. Ft.	$612,311
3696 N Old SR 62, Madison, IN 3 Beds \| 2 Baths \| 1356 Sq. Ft.	$250,447
3455 N Old SR 62, Madison, IN 2 Beds \| 1 Baths \| 1788 Sq. Ft.	$276,492
3072 N Old SR 62, Madison, IN 2 Beds \| 1 Baths \| 1677 Sq. Ft.	$233,831
3607 N Old SR 62, Madison, IN 2 Beds \| 1 Baths \| 910 Sq. Ft.	$116,812
3625 N Old SR 62, Madison, IN - Beds \| - Baths \| - Sq. Ft.	$453,038
3891 N Old SR 62, Madison, IN 3 Beds \| 1 Baths \| 1736 Sq. Ft.	$222,126

Property information provided by SIRA when last listed in 2019. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 47250, IN

Sale history for 1948 E Schafer Rd

Tax history for 1948 E Schafer Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 47250

Home values near 1948 E Schafer Rd

More real estate resources