Homes with Basements for Sale in Madison County, IN

132 homes

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3D WALKTHROUGH

ABOUT THIS HOME
Home with Basement for sale in Madison County, IN:
Welcome to 502 W Broadway St, Alexandria, IN - a charming single-family home that blends comfort, style, and versatility. Step inside to a warm and inviting living room, where a cozy fireplace and elegant crown molding set the scene for relaxing evenings and memorable gatherings. The kitchen features shaker cabinets, beautiful countertops, and crown molding - a functional space for cooking and entertaining. Stay organized with a convenient walk-in closet, and extend your living outdoors with a sunny patio, ideal for morning coffee or evening relaxation. The home also includes a spacious basement, over 1,000 square feet, providing plenty of space for a workshop, hobby area, or extra storage.

$154,900

2 beds1 bath1,916 sq ft

502 W Broadway St, Alexandria, IN 46001

Sunny patio • Walk-in closet • Shaker cabinets

3D WALKTHROUGH

ABOUT THIS HOME
Home with Basement for sale in Madison County, IN:
Step inside this beautifully remodeled 3 bedroom home located right in town! Featuring brand-new flooring throughout, a fully updated kitchen with modern cabinetry and finishes, stylish new light fixtures, and a refreshed bathroom. A brand-new HVAC system offers comfort and peace of mind year-round. Perfectly located near town conveniences, this remodeled home is ready for its new owner.

$154,900

3 beds1 bath1,044 sq ft

118 E Buchanan St, Alexandria, IN 46001

New flooring • Refreshed bathroom • Updated kitchen

ABOUT THIS HOME
Home with Basement for sale in Madison County, IN:
Great investment opportunity in Anderson. Take advantage of this conveniently located duplex that is currently fully rented on a main street in Anderson Owner has had property managed professionally. The lower unit is two bedroom, one bath. The upper unit is one bedroom, one bath. The 2-car detached garage is currently being rented for storage separately for additional income Tenants do not have access to the full basement that contains furnace and water heater.

$129,000

3 beds2 baths2,168 sq ft

239 W 38th St, Anderson, IN 46013

Additional income • Detached garage • 6,000 sq ft lot

ABOUT THIS HOME
Home with Basement for sale in Madison County, IN:
Discover the charm of 823 N A ST, Elwood, IN. Offering 1262 square feet of living area, the layout includes three bedrooms, full bathroom, providing comfortable spaces for rest and rejuvenation. The residence also includes a half bathroom. Resting on a 5720 square foot lot, the property presents outdoor possibilities, allowing you to cultivate a garden or create an inviting patio. Built in 1950 with a single story, this home offers a blend of classic appeal and practical living. This Elwood residence is a wonderful opportunity to craft a comfortable home.

$164,900

3 beds1.5 baths1,776 sq ft

823 N A St, Elwood, IN 46036

Classic appeal • Inviting patio • Single story

ABOUT THIS HOME
Home with Basement for sale in Madison County, IN:
Excellent investment opportunity in the heart of Anderson! This two-story duplex features two rental units with strong income potential and a location that keeps demand high. Situated close to downtown, the hospital, and public transportation, this property attracts consistent tenants seeking convenience and accessibility. Unit One: 2 bedrooms, 1 bath -spacious layout ideal for long-term renters. Unit Two: 1 bedroom, 1 bath - efficient and easy to maintain with solid rental appeal. This is an as-is sale, and the price reflects the current condition, giving investors the chance to add value and maximize returns. With its central location, low-maintenance setup, and flexible unit mix, this pr

$85,000

3 beds3 baths2,643 sq ft

1820 Central Ave, Anderson, IN 46016

Central location • Flexible unit mix • Two story duplex

Property at 6416 S County Road 100 E, Markleville, IN 46056, 4 beds, 2.5 baths

$284,000

4 beds2.5 baths3,699 sq ft

6416 S County Road 100 E, Markleville, IN 46056

Property at 1432 Ohio Ave, Anderson, IN 46016, 16 beds, 16 baths

$254,900

16 beds16 baths10,716 sq ft

1432 Ohio Ave, Anderson, IN 46016

Property at 326 Central Ave, Anderson, IN 46012, 3 beds, 1 bath

$189,000

3 beds1 bath1,861 sq ft

326 Central Ave, Anderson, IN 46012

Property at 404 E Monroe St, Alexandria, IN 46001, 3 beds, 2.5 baths

$179,900

3 beds2.5 baths2,796 sq ft

404 E Monroe St, Alexandria, IN 46001

Property at 1530 Ohio Ave, Anderson, IN 46016, 2 beds, 1 bath

$49,900

2 beds1 bath940 sq ft

1530 Ohio Ave, Anderson, IN 46016

Property at 5631 N Olivia Dr, Alexandria, IN 46001, 3 beds, 2 baths

$247,900

3 beds2 baths2,090 sq ft

5631 N Olivia Dr, Alexandria, IN 46001

Property at 164 W 1450 N, Summitville, IN 46070, 3 beds, 2 baths

$459,900

3 beds2 baths3,024 sq ft

164 W 1450 N, Summitville, IN 46070

Property at 2107 N C St, Elwood, IN 46036, 4 beds, 1.5 baths

$69,900

4 beds1.5 baths1,488 sq ft

2107 N C St, Elwood, IN 46036

Property at 2536 S E St, Elwood, IN 46036, 2 beds, 1 bath

$144,900

2 beds1 bath2,030 sq ft

2536 S E St, Elwood, IN 46036

Property at 2794 E 450 N, Anderson, IN 46012, 4 beds, 3 baths

$750,000

4 beds3 baths3,591 sq ft

2794 E 450 N, Anderson, IN 46012

Property at 1027 W 11th St, Anderson, IN 46016, 4 beds, 2 baths

$130,000

4 beds2 baths1,582 sq ft

1027 W 11th St, Anderson, IN 46016

Property at 1120 W 9th St, Anderson, IN 46016, 3 beds, 1 bath

$145,000

3 beds1 bath1,824 sq ft

1120 W 9th St, Anderson, IN 46016

Property at 2105 Arrow Ave, Anderson, IN 46016, 3 beds, 1.5 baths

$110,000

3 beds1.5 baths1,949 sq ft

2105 Arrow Ave, Anderson, IN 46016

Property at 118 N Huston St, Ingalls, IN 46048, 3 beds, 3.5 baths

$679,000

3 beds3.5 baths3,460 sq ft

118 N Huston St, Ingalls, IN 46048

Property at 1309 Brown St, Anderson, IN 46016, 4 beds, 6 baths

$170,000

4 beds6 baths4,926 sq ft

1309 Brown St, Anderson, IN 46016

Property at 621 E 31st St, Anderson, IN 46016, 4 beds, 1 bath

$114,900

4 beds1 bath2,628 sq ft

621 E 31st St, Anderson, IN 46016

Property at 712 Cottage Ave, Anderson, IN 46012, 3 beds, 2 baths

$120,000

3 beds2 baths2,619 sq ft

712 Cottage Ave, Anderson, IN 46012

Property at 238 Jefferson St, Pendleton, IN 46064, 3 beds, 1 bath

$299,000

3 beds1 bath1,487 sq ft

238 Jefferson St, Pendleton, IN 46064

Property at 107 E Garfield St, Alexandria, IN 46001, 4 beds, 1 bath

$55,000

4 beds1 bath1,608 sq ft

107 E Garfield St, Alexandria, IN 46001

Property at 2111 Central Ave, Anderson, IN 46016, 3 beds, 1 bath

$95,000

3 beds1 bath1,611 sq ft

2111 Central Ave, Anderson, IN 46016

Property at 1507 W 7th St, Anderson, IN 46016, 2 beds, 4 baths

$199,900

2 beds4 baths3,568 sq ft

1507 W 7th St, Anderson, IN 46016

Property at 2316 Lake Dr, Anderson, IN 46012, 3 beds, 1.5 baths

$220,000

3 beds1.5 baths2,966 sq ft

2316 Lake Dr, Anderson, IN 46012

Property at 3104 E Lynn St, Anderson, IN 46016, 6 beds, 3 baths

$85,000

6 beds3 baths2,892 sq ft

3104 E Lynn St, Anderson, IN 46016

Property at 1230 S 25th St, Elwood, IN 46036, 3 beds, 1 bath

$214,900

3 beds1 bath1,192 sq ft

1230 S 25th St, Elwood, IN 46036

Property at 1611 Poplar St, Anderson, IN 46012, 2 beds, 1 bath

$99,900

2 beds1 bath896 sq ft

1611 Poplar St, Anderson, IN 46012

Property at 2418 -2420 Fletcher St, Anderson, IN 46016, 4 beds, 2 baths

$130,000

4 beds2 baths2,716 sq ft

2418 -2420 Fletcher St, Anderson, IN 46016

Property at 408 W 11th St, Anderson, IN 46016, 4 beds, 4 baths

$289,900

4 beds4 baths5,269 sq ft

408 W 11th St, Anderson, IN 46016

Property at 2530 Lincoln St, Anderson, IN 46016, 4 beds, 2 baths

$229,900

4 beds2 baths3,772 sq ft

2530 Lincoln St, Anderson, IN 46016

Property at 115 W State Road 38, Pendleton, IN 46064, 4 beds, 2 baths

$2,800,000

4 beds2 baths3,435 sq ft

115 W State Road 38, Pendleton, IN 46064

Property at 3302 Columbus Ave, Anderson, IN 46013, 1 bed, 2 baths

$50,000

1 bed2 baths2,456 sq ft

3302 Columbus Ave, Anderson, IN 46013

Property at 1019 W 9th St, Anderson, IN 46016, 3 beds, 2 baths

$90,000

3 beds2 baths1,830 sq ft

1019 W 9th St, Anderson, IN 46016

Property at 1421 W 5th St, Anderson, IN 46016, 2 beds, 1 bath

$65,000

2 beds1 bath975 sq ft

1421 W 5th St, Anderson, IN 46016

Property at 1222 Irving Way, Anderson, IN 46016, 2 beds, 1 bath

$56,000

2 beds1 bath1,090 sq ft

1222 Irving Way, Anderson, IN 46016

Property at 721 Indiana Ave, Anderson, IN 46012, 3 beds, 1 bath

$78,900

3 beds1 bath1,824 sq ft

721 Indiana Ave, Anderson, IN 46012

Property at 903 W 22nd St, Anderson, IN 46016, 2 beds, 1 bath

$55,000

2 beds1 bath1,996 sq ft

903 W 22nd St, Anderson, IN 46016

Property at 720 E 400 N, Anderson, IN 46012, 5 beds, 4.5 baths

$2,375,000

5 beds4.5 baths5,859 sq ft

720 E 400 N, Anderson, IN 46012

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Based on information submitted to the MLS GRID as of Thu Nov 27 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Homes with Basements for Sale in Madison County

There are currently 132 homes with basements for sale in Madison County at a median listing price of $199K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Madison County stay on the market for 43 days and receive 1 offers. This map is refreshed with the newest listings in Madison County every 15 minutes.

In the past month, 144 homes have been sold in Madison County. In addition to houses in Madison County, there were also 19 condos, 0 townhouses, and 23 multi-family units for sale in Madison County last month. Find your dream home in Madison County 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 County are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Madison County. If you're looking to sell your home in the Madison County area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Madison County with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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