Off Market May 2022 for $188K

$238,736

Est. refi paymentEst. refi $1,248/mo

•

1,728

sq ft

2040 Michigan Rd, Madison, IN 47250

About this home

A gem on the Hilltop! A solid brick, tutor style home with tons of character and charm. Well maintained, original wood floors, new roof and gas furnace in 2016, new water heater in 2020. Extremely efficient as walls are concrete block with brick face and interior walls are plaster. Enjoy the view of Sunrise Golf Course from the sunroom. Great location to golf, get to downtown via Hatcher Hill by foot or golf cart and all the hilltop amenities.

Single-familyProperty Type

1946Year Built

0.4 acresLot Size

$138Est. Price/Sq.Ft.

1 car garageParking

Listed by Robin Mingione • eXp Realty, LLC

Bought with Robin Mingione • eXp Realty, LLC

Redfin checked: a minute ago

•Source:SIRA #202207817

Redfin Estimate

$238,736

$51K since sold in May 2022$1,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 14.7% lower than the average sale price ($280K) of 6 comparable homes.

SOLD AUG 28, 2026
$270,000
A
3 beds2 baths2,014 sq ft
2301 Blackmore St, Madison, IN 47250
SOLD AUG 24, 2026
$305,000
B
3 beds2 baths1,867 sq ft
2330 Cragmont St, Madison, IN 47250
SOLD APR 15, 2026
$320,000
C
3 beds2 baths1,680 sq ft
2412 Bellaire Dr, Madison, IN 47250
SOLD APR 27, 2026
$309,900
D
3 beds2 baths1,653 sq ft
308 Maple Hill Dr, Madison, IN 47250
SOLD AUG 24, 2026
$244,500
E
3 beds1.5 baths1,426 sq ft
206 Crestwood Dr, Madison, IN 47250
SOLD JAN 12, 2026
$229,000
F
3 beds2 baths1,580 sq ft
1444 Crozier, Madison, IN 47250

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Earn from this home

Refinance

Est. cash available

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Rent

$1,883/mo

Redfin rental estimate

List your home for rent

Market trends in 47250, IN

Last updated August 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

95.4%

+0.6% MoM

Median sale price

$294K

$9K MoM

Avg. days on market

84d

0 days MoM

Recently sold homes

13 MoM

New listings for sale

NEW 2 HRS AGO
$159,900
2 beds1 bath880 sq ft
3343 E Sr 56, Madison, IN 47250
NEW 4 HRS AGO
$189,900
3 beds1 bath1,080 sq ft
4370 N China Manville Rd, Madison, IN 47250
NEW 23 HRS AGO
$229,900
4 beds2 baths1,632 sq ft
520 Seventh St, Madison, IN 47250
$274,900
4 beds2 baths1,478 sq ft
152 E Cr 350 N, Madison, IN 47250
$699,000
3 beds2 baths2,904 sq ft
2334 E Telegraph Hill Rd, Madison, IN 47250
$274,000
3 beds2 baths1,784 sq ft
1541 N Rykers Rdg, Madison, IN 47250
$538,900
4 beds2.5 baths1,914 sq ft
1717 Clinton St, Madison, IN 47250
$189,900
3 beds1 bath1,101 sq ft
1667 E Wehner Dr, Madison, IN 47250
$309,000
3 beds2.5 baths2,024 sq ft
309 Laurel Ln, Madison, IN 47250
$129,900
3 beds1 bath1,040 sq ft
1924 Locust St, Madison, IN 47250
EXP Realty LLC
See all

Provided by Redfin

Sale history for 2040 Michigan Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,541 (−8.8%)

$15,000 + $156,200

$171,200

2024

$1,689 (+5.8%)

$15,000 + $153,900

$168,900

2023

$1,596 (+11.0%)

$15,000 + $144,600

$159,600

2022

$1,438 (+11.7%)

$15,000 + $128,800

$143,800

2021

$1,287 (+4.6%)

$15,000 + $113,700

$128,700

2020

$1,230 (+12.2%)

$15,000 + $108,000

$123,000

2019

$1,096 (+3.3%)

$15,000 + $94,600

$109,600

2018

$1,061 (+0.4%)

$15,000 + $91,100

$106,100

2017

$1,057 (−0.6%)

$15,000 + $90,700

$105,700

2016

$1,064 (−48.9%)

$15,000 + $91,900

$106,900

2015

$2,082 (+107.0%)

$15,000 + $89,100

$104,100

2013

$1,006

$15,000 + $93,100

$108,100

Tax history for 2040 Michigan Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,541 (−8.8%)

$15,000 + $156,200

$171,200

2024

$1,689 (+5.8%)

$15,000 + $153,900

$168,900

2023

$1,596 (+11.0%)

$15,000 + $144,600

$159,600

2022

$1,438 (+11.7%)

$15,000 + $128,800

$143,800

2021

$1,287 (+4.6%)

$15,000 + $113,700

$128,700

2020

$1,230 (+12.2%)

$15,000 + $108,000

$123,000

2019

$1,096 (+3.3%)

$15,000 + $94,600

$109,600

2018

$1,061 (+0.4%)

$15,000 + $91,100

$106,100

2017

$1,057 (−0.6%)

$15,000 + $90,700

$105,700

2016

$1,064 (−48.9%)

$15,000 + $91,900

$106,900

2015

$2,082 (+107.0%)

$15,000 + $89,100

$104,100

2013

$1,006

$15,000 + $93,100

$108,100

*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

Stories

Lot width

75 ft.

Lot depth

234 ft.

Lot size

0.4 Acres

Year renovated

2000

Sq. Ft.

1,146

Year built

1946

Style

Single Family Residential

County

Jefferson County

APN

390826222004000007

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 9, 2026.

Property details

Parking

Garage/Carport Information
Has Garage
# of Garage Spaces: 1
Has Carport

Parking
Features: Carport

Interior

Bathroom Information
# of Full Bathrooms: 2

Room Information
# of Rooms (Total): 10
Has Basement
Basement Information: Full, Partially Finished

Room 1 Information
Bedroom
Level: Second
Flooring: Carpet
Dimensions: 32 x 11
Length: 11.00
Width: 32.00

Room 2 Information
Full Bath
Description: split shower and vanity/toilet
Level: Lower
Flooring: Other

Room 3 Information
Office
Description: office/pantry
Level: First
Flooring: Wood
Dimensions: 11 x 6
Length: 6.00
Width: 11.00

Room 4 Information
Bedroom
Level: First
Flooring: Wood
Dimensions: 9 x 12
Length: 12.00
Width: 9.00

Room 5 Information
Full Bath
Level: First
Flooring: Tile

Room 6 Information
Master Bathroom
Level: First
Flooring: Wood
Dimensions: 11 x 14
Length: 14.00
Width: 11.00

Room 7 Information
Other
Description: sunroom
Level: First
Flooring: Wood
Dimensions: 12 x 15
Length: 15.00
Width: 12.00

Room 8 Information
Kitchen
Description: custom cabinetry
Level: First
Flooring: Vinyl
Dimensions: 10 x 10
Length: 10.00
Width: 10.00

Room 9 Information
Dining Room
Description: original wood floors, built in cabinet
Level: First
Flooring: Wood
Dimensions: 11 x 10
Length: 10.00
Width: 11.00

Room 10 Information
Living Room
Description: original wood floors, Fireplace
Level: First
Flooring: Wood
Dimensions: 18 x 11
Length: 11.00
Width: 18.00

Laundry Information
Features: In Basement, Laundry Room

Fireplace Information
Has Fireplace
# of Fireplaces: 1
Features: Gas

Equipment
Appliances: Dryer, Microwave, Oven, Range, Water Softener, Washer

Interior Features
Other Features: Book Cases, Separate/Formal Dining Room, Jetted Tub, Main Level Master, Open Floorplan, Pantry, Separate Shower, Sun Room

Exterior

Building Information
Roof Details: Shingle
Construction Details: Brick, Block, Concrete, Vinyl Siding

Exterior Features
Exterior Features: Landscaping, Paved Driveway, Porch
Patio And Porch Features: Covered, Porch
Other Structures: Shed(s)

Lot Information
Lot Size Area: 0.4
Lot Size Acres: 0.4
Lot Size Source: Assessor
Road Surface Type: Paved
Frontage Length: 82
Zoning: Residential
Zoning Description: Residential

Property Information
Has View
Above Grade Finished Area: 1,542
Foundation Details: Block, Brick/Mortar
Resale

Financial

Tax Information
Annual Tax Amount: $1,230

Lease Information
Lease Expiration: 2023-02-01

Utilities

Utility Information
Sewer: Public Sewer
Water Source: Connected, Public

Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Forced Air

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 1,146
Stories: 1.0
Lot Size: 0.4 acres
Style: Single Family Residential
Year Built: 1946
Year Renovated: 2000
County: Jefferson County
APN: 390826222004000007

Home facts updated by county records on Sep 8, 2026

Around this home

Schools

Madison Consolidated Junior High School

Public 5-8 • Assigned • 0.9mi

6/10

Madison Consolidated High School

Public 9-12 • Assigned • 1.0mi

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 105° 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

Estimated sale price

$227,000 – $275,000

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

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New listings for sale in 47250

NEW 2 HRS AGO

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NEW 4 HRS AGO

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3 beds1 bath1,080 sq ft

4370 N China Manville Rd, Madison, IN 47250

NEW 23 HRS AGO

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4 beds2 baths1,632 sq ft

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152 E Cr 350 N, Madison, IN 47250

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3 beds2 baths2,904 sq ft

2334 E Telegraph Hill Rd, Madison, IN 47250

$274,000

3 beds2 baths1,784 sq ft

1541 N Rykers Rdg, Madison, IN 47250

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3 beds1 bath1,101 sq ft

1667 E Wehner Dr, Madison, IN 47250

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Home values near 2040 Michigan Rd

Data from public records.

Address	Redfin Estimate
2050 Michigan Rd, Madison, IN 3 Beds \| 1 Baths \| 1200 Sq. Ft.	$190,050
2045 Michigan Rd, Madison, IN 3 Beds \| 2.5 Baths \| 2912 Sq. Ft.	$364,796

Address	Redfin Estimate
2047 Michigan Rd, Madison, IN 2 Beds \| 2 Baths \| 2072 Sq. Ft.	$240,057
2119 Michigan Rd, Madison, IN 3 Beds \| 1 Baths \| 1268 Sq. Ft.	$195,314

Address	Redfin Estimate
2027 Michigan Rd, Madison, IN 3 Beds \| 2 Baths \| 1814 Sq. Ft.	$262,821
2022 Michigan Rd, Madison, IN 3 Beds \| 1.5 Baths \| 2454 Sq. Ft.	$249,481

Property information provided by SIRA when last listed in 2022. This data may not match . Learn more.

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