OFF MARKET

Off Market Sep 2018 for $185K

$336,627

Est. refi paymentEst. refi $1,233/mo

•

2,228

sq ft

2540 N Borcherding Rd, Madison, IN 47250

About this home

Single-familyProperty Type

1998Year Built

$151Est. Price/Sq.Ft.

3 car garageParking

Listed by Linda Bruther • Century 21 River Valley

Bought with Marjorie Macon • Hoosier Hills Realty

Redfin checked: a minute ago

•Source:SIRA #J20180474

Redfin Estimate

$336,627

$151K since sold in September 2018$3,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 2.6% higher than the average sale price ($328K) of 6 comparable homes.

SOLD AUG 28, 2026
$380,000
A
3 beds2 baths2,000 sq ft
2430 N Borcherding Rd, Madison, IN 47250
SOLD MAY 19, 2026
$299,900
B
3 beds2 baths1,769 sq ft
2960 N Borcherding Rd, Madison, IN 47250
SOLD JUN 10, 2026
$375,000
C
3 beds2 baths2,421 sq ft
231 S Paine St, Hanover, IN 47243
EXP Realty LLC
SOLD NOV 25, 2025
$315,000
D
3 beds2 baths1,896 sq ft
315 N Willow Dr, Madison, IN 47250
SOLD AUG 24, 2026
$294,000
E
3 beds2 baths1,671 sq ft
1203 Rabbit Ln, Madison, IN 47250
SOLD AUG 24, 2026
$305,000
F
3 beds2 baths1,867 sq ft
2330 Cragmont St, Madison, IN 47250

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$2,821/mo

Redfin rental estimate

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Market trends in 47250, IN

Last updated August 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

94.8%

+1.0% MoM

Median sale price

$305K

$5K MoM

Avg. days on market

85d

20 days MoM

Recently sold homes

2 MoM

New listings for sale

NEW 8 HRS AGO
$699,000
3 beds2 baths2,904 sq ft
2334 E Telegraph Hill Rd, Madison, IN 47250
NEW 8 HRS AGO
$274,000
3 beds2 baths1,784 sq ft
1341 N Rykers Rdg, Madison, IN 47250
NEW 15 HRS AGO
$589,000
4 beds2.5 baths1,914 sq ft
1717 Clinton St, Madison, IN 47250
NEW 30 HRS AGO
$189,900
3 beds1 bath1,101 sq ft
1667 E Wehner Dr, Madison, IN 47250
NEW 35 HRS AGO
$309,000
3 beds2.5 baths2,024 sq ft
309 Laurel Ln, Madison, IN 47250
NEW 1 DAY AGO
$129,900
3 beds1 bath1,040 sq ft
1924 Locust St, Madison, IN 47250
EXP Realty LLC
$242,500
3 beds1 bath1,272 sq ft
2518 Franks Dr, Madison, IN 47250
$289,900
3 beds1.5 baths1,374 sq ft
3115 N SR 7, Madison, IN 47250
EXP Realty LLC
$319,000
4 beds2 baths1,858 sq ft
1020 W 2nd St, Madison, IN 47250
$429,900
3 beds2.5 baths2,332 sq ft
522 Quail Ridge Ct, Madison, IN 47250
See all

Provided by Redfin

Sale history for 2540 N Borcherding Rd

Date

Event

Price

SIRA #J20180474

Sep 19, 2018

Sold

$185,900

$83/sq ft

Aug 27, 2018

Listed

$187,900

$84/sq ft

SIRA #J20150664

Jan 29, 2016

Sold

$159,000

$71/sq ft

Dec 29, 2015

Listed

$159,900

$72/sq ft

Public Records

Oct 29, 2015

Sold

$105,000

$47/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$1,881 (+11.6%)

$25,000 + $208,900

$233,900

2024

$1,685 (+0.7%)

$25,000 + $167,100

$192,100

2023

$1,674 (−5.3%)

$25,000 + $169,400

$194,400

2022

$1,766 (+10.0%)

$25,000 + $167,600

$192,600

2021

$1,605 (−52.2%)

$25,000 + $153,100

$178,100

2020

$3,360 (+10.6%)

$25,000 + $153,100

$178,100

2019

$3,038 (+173.3%)

$25,000 + $144,100

$169,100

2018

$1,112 (+1.6%)

$25,000 + $124,400

$149,400

2017

$1,094 (+16.2%)

$25,000 + $124,900

$149,900

2016

$942 (−60.6%)

$25,000 + $116,100

$141,100

2015

$2,389 (−1.9%)

$25,000 + $115,100

$140,100

2013

$2,435

$25,000 + $122,300

$147,300

Tax history for 2540 N Borcherding Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,881 (+11.6%)

$25,000 + $208,900

$233,900

2024

$1,685 (+0.7%)

$25,000 + $167,100

$192,100

2023

$1,674 (−5.3%)

$25,000 + $169,400

$194,400

2022

$1,766 (+10.0%)

$25,000 + $167,600

$192,600

2021

$1,605 (−52.2%)

$25,000 + $153,100

$178,100

2020

$3,360 (+10.6%)

$25,000 + $153,100

$178,100

2019

$3,038 (+173.3%)

$25,000 + $144,100

$169,100

2018

$1,112 (+1.6%)

$25,000 + $124,400

$149,400

2017

$1,094 (+16.2%)

$25,000 + $124,900

$149,900

2016

$942 (−60.6%)

$25,000 + $116,100

$141,100

2015

$2,389 (−1.9%)

$25,000 + $115,100

$140,100

2013

$2,435

$25,000 + $122,300

$147,300

*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

140 ft.

Lot depth

150 ft.

Lot size

0.48 Acres

Year renovated

1998

Sq. Ft.

2,228

Year built

1998

Style

Single Family Residential

County

Jefferson County

APN

390819100024000006

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 26, 2026.

Property details

Parking

Garage/Carport Information
Has Garage
Has Attached Garage
# of Garage Spaces: 3

Parking
Features: Attached, Garage, Garage Door Opener

Interior

Virtual Tour

Bathroom Information
# of Full Bathrooms: 2

Room Information
# of Rooms (Total): 12

Room 1 Information
Half Bath
Level: Second

Room 2 Information
Full Bath
Level: First

Room 3 Information
Living Room
Description: Living Room Size : 20 x 17
Level: First

Room 4 Information
Dining Room
Description: Dining Room Size : 13 x 12
Level: First

Room 5 Information
Kitchen
Description: Kitchen Size : 22 x 14
Level: First

Room 6 Information
Half Bath
Level: First

Room 7 Information
Full Bath
Level: Lower

Room 8 Information
Bedroom
Description: Bedroom Size : 13.6 x 13
Level: First

Room 9 Information
Full Bath
Level: Second

Room 10 Information
Description: MainBedroom Size : 20 x 14
Level: First

Room 11 Information
Bedroom
Description: Bedroom Size : 14 x 12
Level: First

Room 12 Information
Half Bath
Level: Lower

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

Interior Features
Window Features: Blinds, Screen(s), Thermal Windows
Other Features: Jetted Tub, Cable TV, Vaulted Ceiling(s), Window Treatments

Exterior

Building Information
Stories: 1
Roof Details: Shingle
Construction Details: Brick, Frame, Vinyl Siding

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

Lot Information
Lot Size Dimensions: 140 x 150
Road Surface Type: Paved
Zoning: Residential
Zoning Description: Residential

Property Information
Above Grade Finished Area: 2,228
Foundation Details: Block

Financial

Tax Information
Annual Tax Amount: $1,094

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: 2.0
Sq. Ft.: 2,228
Stories: 1.0
Lot Size: 0.48 acres
Style: Single Family Residential
Year Built: 1998
Year Renovated: 1998
County: Jefferson County
APN: 390819100024000006

Home facts updated by county records on Aug 26, 2026

Around this home

Schools

Madison Consolidated Junior High School

Public 5-8 • Assigned • 2.9mi

6/10

Madison Consolidated High School

Public 9-12 • Assigned • 3.0mi

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 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)

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

$320,000 – $388,000

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

Nearby similar homes

NEW 15 HRS AGO

$589,000

4 beds2.5 baths1,914 sq ft

1717 Clinton St, Madison, IN 47250

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515 N Hereford Ln, Madison, IN 47250

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NEW CONSTRUCTION

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EXP Realty LLC

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New listings for sale in 47250

NEW 8 HRS AGO

$699,000

3 beds2 baths2,904 sq ft

2334 E Telegraph Hill Rd, Madison, IN 47250

NEW 8 HRS AGO

$274,000

3 beds2 baths1,784 sq ft

1341 N Rykers Rdg, Madison, IN 47250

NEW 15 HRS AGO

$589,000

4 beds2.5 baths1,914 sq ft

1717 Clinton St, Madison, IN 47250

NEW 30 HRS AGO

$189,900

3 beds1 bath1,101 sq ft

1667 E Wehner Dr, Madison, IN 47250

NEW 35 HRS AGO

$309,000

3 beds2.5 baths2,024 sq ft

309 Laurel Ln, Madison, IN 47250

NEW 1 DAY AGO

$129,900

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1924 Locust St, Madison, IN 47250

EXP Realty LLC

$242,500

3 beds1 bath1,272 sq ft

2518 Franks Dr, Madison, IN 47250

$289,900

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EXP Realty LLC

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Home values near 2540 N Borcherding Rd

Data from public records.

Address	Redfin Estimate
2340 N Borcherding Road, Madison, IN 4 Beds \| 2 Baths \| 1806 Sq. Ft.	$394,214
2430 N Borcherding Road, Madison, IN 3 Beds \| 2 Baths \| 2000 Sq. Ft.	$376,219

Address	Redfin Estimate
2570 N Borcherding Road, Madison, IN 3 Beds \| 1.5 Baths \| 1445 Sq. Ft.	$255,480
2660 N Borcherding Road, Madison, IN 3 Beds \| 2.5 Baths \| 2984 Sq. Ft.	$383,845

Address	Redfin Estimate
2370 N Borcherding Road, Madison, IN 3 Beds \| 2 Baths \| 1940 Sq. Ft.	$366,910
2400 N Borcherding Road, Madison, IN 4 Beds \| 2 Baths \| 2623 Sq. Ft.	$391,083

Property information provided by SIRA when last listed in 2018. This data may not match . Learn more.

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