Homes for sale under $200k in Madison, IN

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ABOUT THIS HOME
Homes for sale under $200k in Madison, IN
Home with lots of potential in one of Madison's prime locations (Ryker's Ridge). A "Diamond in the Rough", Home needs some TLC but is livable. Needs windows, flooring, and paint. Situated on 2 acres with a partially fenced yard and landscaped with perennials that will bloom from spring to fall. This home also offers an enclosed front porch and two wooden decks. There are many opportunities to relax and take in the scenery and wildlife. You don't want to miss this opportunity to live in the country while still being minutes from town! The home is being sold as is, but inspections are welcome.

$199,900

3 beds1 bath1,148 sq ft

3490 N Rykers Ridge Rd, Madison, IN 47250

Two wooden decks • Enclosed front porch • 2 acre lot

ABOUT THIS HOME
Homes for sale under $200k in Madison, IN
Welcome to this solid, charming brick home featuring three bedrooms and one bathroom—where modern upgrades meet timeless appeal. This home showcases a recently installed furnace, central air conditioning, a newer roof, and stylish vinyl plank flooring that beautifully complements the original hardwood. Enjoy the convenience of recent upgrades like a new water heater, water filtration system, washer, and dryer—providing all the comforts of modern living. Clean, comfortable, and move-in ready, this gem also offers an attached one-car garage and a spacious backyard—perfect for relaxing, entertaining, or future outdoor projects. Located just steps away from local restaurants,

$194,900

3 beds1 bath1,008 sq ft

2921 Ohio Ave, Madison, IN 47250

Original hardwood • Newer roof • Brick home

ABOUT THIS HOME
Homes for sale under $200k in Madison, IN
Large home in downtown Madison with off street parking. With a little love and work this home could stand tall. Nice front porch and large backyard. Both bedrooms are very big , as well as a large living room and dining room. Call today!!!

$189,900

2 beds1.5 baths1,816 sq ft

626 W Third St, Madison, IN 47250

Off street parking • Front porch • Large backyard

ABOUT THIS HOME
Homes for sale under $200k in Madison, IN
Charming 2-bedroom, 1-bath brick home on nearly half an acre on Madison’s scenic hilltop! This inviting property features beautiful wood floors throughout, a spacious living room with a cozy fireplace, and large windows that fill the home with natural light. The kitchen offers a unique painted floor, abundant cabinetry, and an attached dining area with even more storage. Enjoy the convenience of a 1-car garage plus a front carport for added weather protection. Located close to schools, shopping, restaurants, and more—this home blends comfort, character, and convenience in a great location!

$189,000

2 beds1 bath1,024 sq ft

2705 Lanier Dr, Madison, IN 47250

Attached dining area • Natural light • Front carport

ABOUT THIS HOME
Homes for sale under $200k in Madison, IN
Desirable location! 3 bed 2 full bath home with lots of updates including cabinetry, lighting, carpet, and Luxury Vinyl Plank flooring. Home has a large living room , kitchen with plenty of cabinet space, fenced back yard with plenty of space for a garden. Storm shelter in the back yard to keep you prepared for bad weather. 720 sq ft. detached garage with concrete flooring. Seller providing a 1 year home warranty

$179,900

3 beds2 baths1,248 sq ft

1869 E Telegraph Hill Rd, Madison, IN 47250

Fenced back yard • Storm shelter • 0.46 acre lot

Property at 740 Michigan Rd, Madison, IN 47250, 1 bed, 1 bath

$169,500

1 bed1 bath832 sq ft

740 Michigan Rd, Madison, IN 47250

Property at 710 Gerry Ln, Madison, IN 47250, 1 bed, 1 bath

$155,000

1 bed1 bath736 sq ft

710 Gerry Ln, Madison, IN 47250

Property at 308 Montclair St, Madison, IN 47250, 3 beds, 2 baths

$136,750

3 beds2 baths1,440 sq ft

308 Montclair St, Madison, IN 47250

EXP Realty LLC

Property at 707 Walnut St, Madison, IN 47250

$129,000

0 beds— baths903 sq ft

707 Walnut St, Madison, IN 47250

Property at 8273 E Doe Run Rd, Madison, IN 47250, 1 bed, 1 bath

$99,900

1 bed1 bath1,036 sq ft

8273 E Doe Run Rd, Madison, IN 47250

Property at 386 W Skyline Dr #254, Madison, IN 47250, 3 beds, 2 baths

$21,800

3 beds2 baths980 sq ft

386 W Skyline Dr #254, Madison, IN 47250

Listing provided by Zillow

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ABOUT THIS HOME
Homes for sale under $200k in Madison, IN
Charming 3-Bedroom 2-Bath Brick Ranch in a Serene Neighborhood Welcome to your dream home! This meticulously maintained 3-bedroom, 2-bathroom ranch-style brick home offers a perfect blend of classic charm and modern convenience. Nestled in a tranquil and picturesque neighborhood, this residence promises both comfort and privacy. Key Features: - Spacious Living Areas: Enjoy an inviting living room with abundant natural light, perfect for relaxing or entertaining. - Updated Kitchen: The well-appointed kitchen boasts ample cabinetry, modern appliances, and a convenient layout for meal preparation. - Comfortable Bedrooms: Three generously sized bedrooms provide restful retreats, with the mast

$200,000

3 beds2 baths1,386 sq ft

208 South St, North Vernon, IN 47265

0.29 acre lot • Garage • Built 1955

ABOUT THIS HOME
Homes for sale under $200k in Madison, IN
Welcome home to this inviting 2-bedroom, 1-bath, located in Carrollton, KY. Perfect for first-time buyers or those looking to downsize, this cozy property offers comfort, convenience, and character. Step inside to find a bright living space filled with natural light and an easy-flow floor plan. The kitchen provides ample cabinet space and room for dining. Both bedrooms are nicely sized, offering comfort and flexibility for guests, a home office, or a nursery. Outside, you'll enjoy a 1-car garage for secure parking or extra storage, and deck with sun shading, along with a spacious yard perfect for gardening or relaxing outdoors. Conveniently located near local shops, schools, and restaurants

$199,900

2 beds1 bath1,040 sq ft

206 Grimes Ln, Carrollton, KY 41008

Spacious yard • Ample cabinet space • Conveniently located

United Real Estate Louisville

ABOUT THIS HOME
Homes for sale under $200k in Madison, IN
Very nice three bedroom two bath home in Milton, KY. Short distance to Milton Elementary School. Home has a large lot, attached carport, blacktop drive and large detached garage with propane gas heater.

$199,000

3 beds2 baths1,493 sq ft

15 Tilley Ln, Milton, KY 40045

Attached carport • Propane gas heater • Large lot

Rand Real Estate, Inc.

ABOUT THIS HOME
Homes for sale under $200k in Madison, IN
Take a drive to the country to view this cute 3 bed 1 bath farmhouse sitting on 1 acre in Farmers Retreat. If you are looking for a getaway from the hustle and bustle now is your chance. With a little remodeling you can make this house your perfect home, although it's move in ready.

$193,000

3 beds1 bath1,524 sq ft

7191 SR 62, Dillsboro, IN 47018

1 acre lot • 2 garage spots • Built 1885

ABOUT THIS HOME
Homes for sale under $200k in Madison, IN
RANCH HOME ON 3.25 ACRES IN JEFFERSON COUNTY. Enjoy the peace of rural living with this 3-bedroom, 1.5-bath ranch situated on approximately 3.25 acres in Jefferson County, Indiana. Offering 1,917 sq. ft. of living space, this home provides plenty of room and potential. With its spacious layout and country setting, this is the perfect opportunity to make this property your own.

$192,500

3 beds1.5 baths1,917 sq ft

1127 S Thompson Rd, Lexington, IN 47138

Rural living • Ranch home • Country setting

ABOUT THIS HOME
Homes for sale under $200k in Madison, IN
Charming In-Town Starter Home with Spacious Layout and Great Outdoor Space This inviting 1-bedroom, 2-bath home offers 1,134 square feet of finished living space perfect for a starter home or someone looking to downsize. Located conveniently in town, you'll enjoy easy access to local shops, dining, and community amenities. Step inside to find beautiful hardwood flooring throughout and an open-concept main living area that feels both spacious and cozy. The oversized bedroom provides plenty of comfort, while two full bathrooms offer added flexibility for guests or future customization. The open basement gives you room to expand whether for additional living space, storage, or a hobby area. O

$185,000

1 bed2 baths1,134 sq ft

39 Bridge St, Carrollton, KY 41008

Hardwood flooring • Oversized bedroom • Open basement

Coldwell Banker McMahan

Property at 450 S County Road 90 W, North Vernon, IN 47265, 3 beds, 1 bath

$180,000

3 beds1 bath1,453 sq ft

450 S County Road 90 W, North Vernon, IN 47265

Property at 385 S County Road 90 W, North Vernon, IN 47265, 2 beds, 1 bath

$179,900

2 beds1 bath1,824 sq ft

385 S County Road 90 W, North Vernon, IN 47265

Property at 694 S Thompson Rd, Lexington, IN 47138, 2 beds, 1 bath

$174,945

2 beds1 bath1,232 sq ft

694 S Thompson Rd, Lexington, IN 47138

Property at 104 Meadow Ln, North Vernon, IN 47265, 2 beds, 1 bath

$169,900

2 beds1 bath1,624 sq ft

104 Meadow Ln, North Vernon, IN 47265

Property at 111 Brandon Way, Milton, KY 40045, 3 beds, 2 baths

$165,000

3 beds2 baths1,520 sq ft

111 Brandon Way, Milton, KY 40045

Coldwell Banker McMahan

Property at 144 Greenbriar Rd, Milton, KY 40045, 3 beds, 1 bath

$159,500

3 beds1 bath936 sq ft

144 Greenbriar Rd, Milton, KY 40045

Rand Real Estate, Inc.

Property at 314 7th St, Carrollton, KY 41008, 3 beds, 2 baths

$159,000

3 beds2 baths3,100 sq ft

314 7th St, Carrollton, KY 41008

Bennett-Webb Realty

Property at 3895 E County Road 200 N, North Vernon, IN 47265, 3 beds, 1 bath

$154,900

3 beds1 bath1,854 sq ft

3895 E County Road 200 N, North Vernon, IN 47265

Property at 1600 N County Road 325 E, North Vernon, IN 47265, 3 beds, 2 baths

$148,000

3 beds2 baths1,824 sq ft

1600 N County Road 325 E, North Vernon, IN 47265

Property at 1040 N Cherry Blossom Ln, North Vernon, IN 47265, 2 beds, 2 baths

$129,900

2 beds2 baths1,264 sq ft

1040 N Cherry Blossom Ln, North Vernon, IN 47265

Property at 22 Paradise Pt, Milton, KY 40045

$110,000

0 beds— baths— sq ft

22 Paradise Pt, Milton, KY 40045

EnVesta

Property at Undisclosed address, North Vernon, IN 47265, 2 beds, 1 bath

$109,900

2 beds1 bath997 sq ft

Undisclosed address, North Vernon, IN 47265

Property at 85 E 91 State Highway 3, Vernon, IN 47282, 267 baths

$99,900

— beds267 baths— sq ft

85 E 91 State Highway 3, Vernon, IN 47282

Property at 1160 US Hwy 50, North Vernon, IN 47265, 3 beds, 1 bath

$79,900

3 beds1 bath1,302 sq ft

1160 US Hwy 50, North Vernon, IN 47265

Renaissance Realty Group

Homes for sale under $200k in Madison

There are currently 11 homes for sale under $200k in Madison. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Madison stay on the market for 60 days. This map is refreshed with the newest listings in Madison every 15 minutes.

In the past month, 20 homes have been sold in Madison. In addition to houses in Madison, there was also 1 condo, 1 townhouse, and 1 multi-family unit for sale in Madison last month. Find your dream home in Madison using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Madison are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Madison. Our Madison real estate stats and trends will give you more information about home buying and selling trends in Madison. If you're looking to sell your home in the Madison area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Madison with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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