Homes for sale under $250k in Madison, IN

19 homes

Sort:

Price (high to low)

ABOUT THIS HOME
Homes for sale under $250k in Madison, IN
Located just outside Madison's city limits in a park like setting. This home has the "WOW" factor as you walk through and take in the tastefully done upgrades all over the last five years. Included but not limited to. .. Siding, Windows, Pex Plumbing, Lighting, Smoke Detectors, Covered Front Porch with Side Decks, Wraparound Concrete Patio, and just in the last weeks new Flooring as well as being freshly painted. Home originally a 1985 Manufactured Home transformed to the present condition. Family Room/Theater Room with free standing gas fireplace added in 1997 along with the two car garage. Upgraded kitchen/gathering area with maple cabinets and Corian counter tops also includes

$249,999

3 beds2 baths1,711 sq ft

5044 N Us 421, Madison, IN 47250

Covered front porch • New flooring • Freshly painted

ABOUT THIS HOME
Homes for sale under $250k in Madison, IN
Welcome to this charming, move-in ready 3-bedroom, 1½-bath home on Madison’s scenic hilltop! Located in a great neighborhood with sidewalks and a spacious backyard, this home offers comfort, convenience, and plenty of recent updates. In 2023 and 2024, it received a new roof and gutters, blown-in attic insulation, beautiful white oak flooring in the kitchen, utility room, and half bath, a new garbage disposal, stylish French doors off the kitchen, and new lighting and ceiling fans throughout. The full bath features modern updates, including a Bluetooth speaker fan for added comfort. The interior has been freshly painted and includes a new shed for extra storage. A versatile flex

$232,000

3 beds1.5 baths1,593 sq ft

310 Crestwood Dr, Madison, IN 47250

New garbage disposal • New gutters • French doors

ABOUT THIS HOME
Homes for sale under $250k in Madison, IN
"Tiny Too" is available!! It is a downtown Madison property like few others, with its incredible placement at Heritage Park and terminus of Heritage Trail, with panoramic, and coveted, views of the Ohio River! The cottage-style home is remarkable with its use of space, and fine finishes. The wood floors upstairs, and the tiling downstairs, are beautiful. Bathrooms on each level! The property has off street parking. All kitchen appliances are new this year. Watch the stars, hear the lull of barge traffic, and settle in at this cozy and magnificent piece of property!!

$229,900

1 bed1.5 baths593 sq ft

923 W First St, Madison, IN 47250

Off street parking • Wood floors • Panoramic views

ABOUT THIS HOME
Homes for sale under $250k in Madison, IN
Looking for a home with a large lot on the City of Madison's hilltop? Here it is! This home has lots of extras and is located on a dead end street with a 0.88 acre (+/-) lot. That home has had many recent updates. The large site also includes a 1 car detached garage with electricity, a 20' x 21' detached 2 car carport with electricity and full RV Hookup with a 19' x 31' concrete pad, water, electricity and sewer hook-up. Wait, that is not all, there is also a 18' x 25' detached metal building with an overhead door with many possibilities such as golf cart storage, hobbies, etc. There is also a 20' x 30' concrete outdoor entertainment area. There are 3 outdoor water spigots and 2 interior sh

$229,900

3 beds1.5 baths1,266 sq ft

130 Jessup Ln, Madison, IN 47250

Detached carport • Large lot • Dead end street

ABOUT THIS HOME
Homes for sale under $250k in Madison, IN
Welcome to 1207 W Main St in Historic Downtown Madison! This shotgun-style home is within walking distance to all Downtown activities, shopping, festivals, Heritage Trail, and the scenic Ohio River. Featuring 2 bedrooms and 1 full bathroom, a spacious eat-in kitchen, a covered front porch, a small yard, a detached garage, and additional storage space. Both the house and detached garage received brand-new roofs this year. Whether you're looking for a starter home, retirement spot, or investment opportunity, this property has the location and features to fit. Don't miss your opportunity to live in one of the most desirable towns in the Midwest!

$224,900

2 beds1 bath1,248 sq ft

1207 W Main St, Madison, IN 47250

Covered front porch • Brand-new roofs • Detached garage

Property at 2131 Seneca Dr, Madison, IN 47250, 3 beds, 2 baths

$218,000

3 beds2 baths1,299 sq ft

2131 Seneca Dr, Madison, IN 47250

EXP Realty LLC

Property at 1912 Locust St, Madison, IN 47250, 3 beds, 1.5 baths

$209,900

3 beds1.5 baths1,216 sq ft

1912 Locust St, Madison, IN 47250

Property at 906 W Main St, Madison, IN 47250, 2 beds, 1 bath

$209,900

2 beds1 bath1,020 sq ft

906 W Main St, Madison, IN 47250

Property at 3490 N Rykers Ridge Rd, Madison, IN 47250, 3 beds, 1 bath

$199,900

3 beds1 bath1,148 sq ft

3490 N Rykers Ridge Rd, Madison, IN 47250

Property at 2921 Ohio Ave, Madison, IN 47250, 3 beds, 1 bath

$194,900

3 beds1 bath1,008 sq ft

2921 Ohio Ave, Madison, IN 47250

Property at 626 W Third St, Madison, IN 47250, 2 beds, 1.5 baths

$189,900

2 beds1.5 baths1,816 sq ft

626 W Third St, Madison, IN 47250

Property at 2705 Lanier Dr, Madison, IN 47250, 2 beds, 1 bath

$189,000

2 beds1 bath1,024 sq ft

2705 Lanier Dr, Madison, IN 47250

Property at 1869 E Telegraph Hill Rd, Madison, IN 47250, 3 beds, 2 baths

$179,900

3 beds2 baths1,248 sq ft

1869 E Telegraph Hill Rd, Madison, IN 47250

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

Viewing page 1 of 1

End of results

Nearby homes that match your criteria

ABOUT THIS HOME
Homes for sale under $250k in Madison, IN
Welcome to this inviting two-story brick home in the established Indian Hills neighborhood of Carroll County. Perfect for families needing extra space, this home blends timeless charm with thoughtful modern updates—inside and out. The current owners have made fantastic improvements, including: •Two new decks for entertaining and relaxing outdoors •Enclosing the back deck to create a cozy bar and lounge area—perfect for hanging out with friends, watching the game, or enjoying summer evenings •A fully renovated hallway bathroom •New toilet and new shower installations Inside, you'll find hardwood floors, ceramic tile, and a mix of formal and informal space

$250,000

4 beds2.5 baths2,066 sq ft

112 Delaware Way, Carrollton, KY 41008

0.37 acre lot • 2 garage spots • Built 1972

BERKSHIRE HATHAWAY HomeServices, Parks & Weisberg Realtors

NEW CONSTRUCTION

ABOUT THIS HOME
Homes for sale under $250k in Madison, IN
Jefferson County's newest subdivision - Three Bends is now OPEN. Quality new construction by Phillips Development has begun. "The Dogwood" floor plan is a stunning single-story floor plan designed for modern living. It offers 1300 square feet of finished living space, featuring quality finishes and the exceptional craftsmanship you can count on from Phillips Development Inc. This beautiful floor plan offers 3 bedrooms, 2 bathrooms, and a 2-car attached garage. You'll appreciate the open-concept layout, stylish finishes, and the exceptional craftsmanship. Conveniently located in Hanover, Indiana, you’ll be close to schools, shops, restaurants, and just minutes from Madison. F

$249,900

3 beds2 baths1,300 sq ft

153 Williamson Dr, Hanover, IN 47243

Stylish finishes • Newest subdivision • Open-concept layout

ABOUT THIS HOME
Homes for sale under $250k in Madison, IN
Riverfront Retreat with Stunning Views - Turnkey Airbnb Gem! Welcome to your dream river escape! This beautifully updated home sits right on the banks of the river, offers breathtaking water views. Whether you are looking for a peaceful personal getaway or a proven income generating Airbnb, this property delivers. Open concept layout with natural light with areas flowing seamlessly. Enjoy morning coffee on the screened in porch where gentle breezes and views create the perfect atmosphere year round. Already a successful short-term rental, this property comes fully equipped to continue generating income from day one. Your guests will love the tranquil location and unbeatable views. Don't m

$249,900

1 bed1 bath840 sq ft

975 Swiss Landing Blvd, Vevay, IN 47043

Screened in porch • Income generating • Updated home

ABOUT THIS HOME
Homes for sale under $250k in Madison, IN
3 BR 2 FULL BA manufactured doublerwide on a corner lot in a nice country setting. Total of 3 parcels (1.75 A). Split BR design. W/ s is owned. washer dryer negotiable. Roof is approx. 11 years old. Detached 24 x 24 garage / shop with electric. Utility shed does not stay. Nice deck on back of home.

$249,900

3 beds2 baths1,612 sq ft

8067 N Oliver Ln, Dupont, IN 47231

Split br design • Nice deck • Country setting

ABOUT THIS HOME
Homes for sale under $250k in Madison, IN
Looking for a beautiful home in historic downtown. You will love the detail in refurbishing this home to its original decor yet all modern. The traditional "4 Square home" features lots of extras from the hardwood floors to the custom Amish built cabinets in the kitchen. The large wood fireplace will have you picturing Santa coming down the chimney as in the Santa Claus movies. Covered front porch and trellis covered back patio are only two of the relaxing places to spend a morning with your favorite coffee or tea. Located steps away from the Muscatatuck walking trail will allow new owners walking for exercise or path to local stores. The property also features a large garden are

$249,000

3 beds2 baths3,132 sq ft

25 W Chestnut St, North Vernon, IN 47265

0.5 acre lot • Garage • Built 1868

ABOUT THIS HOME
Homes for sale under $250k in Madison, IN
Come sit on the front porch of Highland Ave. This beautiful home features 2 bedrooms, full bath, large living room, eat in kitchen, and laundry upstairs. While the basement features 1 bedroom, full bathroom, a full kitchen, and living room. This offers a unique opportunity for potential flexible living space for guests or family members or rental income. Separate entry ways to both levels. Imagine the possibilities! Parking consist of a one car off street space in the front and driveway with carport in the rear. Close to I-71 @ Exit 44, shopping, dining, and convenient to factories in Ghent or Madison, IN.

$249,000

2 beds2 baths2,230 sq ft

816 Highland Ave, Carrollton, KY 41008

Full kitchen • Separate entry ways • 9,583 sq ft lot

Smith Klink Realty & Auction

Property at 1829 Peck Pike Rd, Milton, KY 40045, 3 beds, 1.5 baths

$245,900

3 beds1.5 baths1,499 sq ft

1829 Peck Pike Rd, Milton, KY 40045

Realty ONE Group River Valley

Property at 1980 E County Road 100 S, North Vernon, IN 47265, 3 beds, 2 baths

$244,900

3 beds2 baths1,048 sq ft

1980 E County Road 100 S, North Vernon, IN 47265

Property at 310 Tiffany Ln, North Vernon, IN 47265, 3 beds, 2.5 baths

$239,000

3 beds2.5 baths1,437 sq ft

310 Tiffany Ln, North Vernon, IN 47265

Property at 512 S State St, North Vernon, IN 47265, 3 beds, 2 baths

$234,900

3 beds2 baths2,215 sq ft

512 S State St, North Vernon, IN 47265

Property at 6304 State Road 129, Vevay, IN 47043, 2 beds, 1.5 baths

$224,000

2 beds1.5 baths748 sq ft

6304 State Road 129, Vevay, IN 47043

Property at 2654 Green Valley Rd, Vevay, IN 47043, 6 beds, 2 baths

$220,000

6 beds2 baths2,880 sq ft

2654 Green Valley Rd, Vevay, IN 47043

Property at 3605 S County Road 700 E, Dupont, IN 47231, 3 beds, 1.5 baths

$219,900

3 beds1.5 baths1,120 sq ft

3605 S County Road 700 E, Dupont, IN 47231

Property at 11991 Bennington Pike, Vevay, IN 47043, 4 beds, 2 baths

$219,900

4 beds2 baths1,598 sq ft

11991 Bennington Pike, Vevay, IN 47043

Property at 8149 N State Road 129, Vevay, IN 47043, 3 beds, 1 bath

$219,500

3 beds1 bath1,650 sq ft

8149 N State Road 129, Vevay, IN 47043

Property at 987 E Summit St, North Vernon, IN 47265, 4 beds, 2 baths

$219,000

4 beds2 baths1,716 sq ft

987 E Summit St, North Vernon, IN 47265

Property at 174 E Norris Hts, North Vernon, IN 47265, 3 beds, 1.5 baths

$214,900

3 beds1.5 baths1,491 sq ft

174 E Norris Hts, North Vernon, IN 47265

Property at 106 Wesley Dr, Milton, KY 40045, 3 beds, 1 bath

$210,000

3 beds1 bath1,075 sq ft

106 Wesley Dr, Milton, KY 40045

Allure Haven Realty LLC

Property at 210 Norris Ave, North Vernon, IN 47265, 2 beds, 2 baths

$210,000

2 beds2 baths1,224 sq ft

210 Norris Ave, North Vernon, IN 47265

Property at 1406 Gillock Ave, Carrollton, KY 41008, 3 beds, 2 baths

$209,900

3 beds2 baths1,152 sq ft

1406 Gillock Ave, Carrollton, KY 41008

KY Homes and Farms Real Estate

Homes for sale under $250k in Madison

There are currently 19 homes for sale under $250k 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 73 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.

More real estate resources for Madison, IN

Zip Codes

Nearby Cities

More to explore in Madison, IN

Featured
Price

How to buy a house in Madison, IN

How much house can I afford?

How to buy a house in 10 steps

First-time homebuyer's guide

See more home buying guides

Popular Markets in Indiana

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Why Redfin?

Community Impact

Diversity & Inclusion

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.