Cheap homes for sale & real estate in Madison County, IN

499 homes

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NEW 57 MINS AGO

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Welcome to this newly remodeled one-and-a-half story home offering modern updates throughout. This 3 bedroom, 1-bath property features a fully refreshed interior with all-new flooring, fresh tile work, and a beautifully updated bathroom with a relaxing Jacuzzi tub. The kitchen includes brand-new appliances--plus a washer and dryer, tankless water heater for added convenience. Situated on a larger lot, the home provides plenty of outdoor space for entertaining, gardening, or future expansion. A detached 2-car garage adds excellent storage and parking options. Move-in ready and thoughtfully updated, this home blends comfort, style and a great location. Don't miss this one!

$164,900

3 beds1 bath1,154 sq ft

1325 S K St, Elwood, IN 46036

New flooring • Fresh tile work • Brand-new appliances

NEW 31 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Step into this charming two-bedroom, one-bath bungalow located on the south side of town, just moments from shopping, dining, and everyday conveniences. A welcoming arched entry from the galley kitchen opens into a large living room, showcasing classic architectural character and tall ceilings throughout. The home's unfinished basement provides a dedicated laundry area along with plenty of storage space. A delightful blend of vintage charm and practical living, this bungalow offers comfort, style, and an ideal location. Roof is 5 years old. AC 3 years old. Back yard has perimeter privacy fence and detached 2 car Garage.

$125,000

2 beds1 bath1,758 sq ft

201 E 38th St, Anderson, IN 46013

Galley kitchen • Large living room • Storage space

NEW 31 HRS AGO3D WALKTHROUGH

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Move right in and enjoy this updated 3 bedroom, 2 full bath home on a corner lot in Elwood. The main level welcomes you with a foyer entry, spacious living room, and open dining area that flows into the beautifully remodeled kitchen with white cabinetry, a large island, new dishwasher, and abundant counter space for cooking and entertaining. Fresh paint and new flooring run throughout for a clean, modern feel. The main-floor primary suite offers a generous bedroom, walk-in closet, and a gorgeous brand-new tile shower in the private en-suite bath. Upstairs you’ll find two additional bedrooms plus flex space ideal for a playroom, office, or cozy lounge. Outside, enjoy the fenced yard, c

$249,900

3 beds2 baths1,948 sq ft

1000 S B St, Elwood, IN 46036

Remodeled kitchen • Large island • Foyer entry

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Nestled on half an acre, this inviting home in the country stands ready to welcome you. The heart of this home undoubtedly lies in its kitchen, a space designed for cooking featuring a large kitchen island with granite countertops that offer ample space for meal preparation or casual dining at the kitchen bar, all complemented by the timeless elegance of shaker cabinets and a seamlessly integrated stovetop. Imagine mornings spent bathed in sunlight in the front sunroom, a tranquil space perfect for unwinding. The primary bedroom offers both space and a split bedroom floor plan. The second bedroom has access to a covered porch while the third bedroom is upstairs. The laundry room adds conven

$190,000

3 beds1 bath2,052 sq ft

2438 E 200 N, Anderson, IN 46012

Large kitchen island • Covered porch • Front sunroom

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Great investment opportunity! This 2 bedroom home offers solid potential for rental income or a personal renovation project. This property features: 2 bedrooms, 1 car detached garage with alley access, equipped with a washer & dryer, stove and refrigerator. convenient layout and low maintenance yard. This property is ideal for investors or buyers looking to add value with some updates.

$62,900

2 beds1 bath1,309 sq ft

2915 Central Ave, Anderson, IN 46016

3,036 sq ft lot • Garage • Built 1900

Property at 840 S Broadway St, Pendleton, IN 46064, 3 beds, 1 bath

$219,900

3 beds1 bath1,073 sq ft

840 S Broadway St, Pendleton, IN 46064

Property at 1641 Hillcrest Ave, Anderson, IN 46011, 3 beds, 2 baths

$300,000

3 beds2 baths1,964 sq ft

1641 Hillcrest Ave, Anderson, IN 46011

Property at 1021 Sandra Dr, Anderson, IN 46013, 3 beds, 1.5 baths

$175,000

3 beds1.5 baths1,491 sq ft

1021 Sandra Dr, Anderson, IN 46013

Property at 850 N Anderson St, Elwood, IN 46036, 2 beds, 1 bath

$189,700

2 beds1 bath1,674 sq ft

850 N Anderson St, Elwood, IN 46036

Property at 5312 Larita Ln, Anderson, IN 46017, 3 beds, 2.5 baths

$300,000

3 beds2.5 baths1,521 sq ft

5312 Larita Ln, Anderson, IN 46017

Property at 2208 E 5th St, Anderson, IN 46012, 2 beds, 1 bath

$139,900

2 beds1 bath850 sq ft

2208 E 5th St, Anderson, IN 46012

Property at 2565 N 300 E, Anderson, IN 46012, 4 beds, 3 baths

$230,000

4 beds3 baths2,345 sq ft

2565 N 300 E, Anderson, IN 46012

Property at 727 W 9th St, Anderson, IN 46016, 4 beds, 1 bath

$79,000

4 beds1 bath2,120 sq ft

727 W 9th St, Anderson, IN 46016

Property at 931 W 3rd St, Anderson, IN 46016, 2 beds, 1 bath

$84,500

2 beds1 bath1,993 sq ft

931 W 3rd St, Anderson, IN 46016

Property at 4623 Clark St, Anderson, IN 46013, 3 beds, 1 bath

$189,900

3 beds1 bath1,409 sq ft

4623 Clark St, Anderson, IN 46013

Property at 7200 Murph Way, Ingalls, IN 46064, 4 beds, 2.5 baths

$371,985

4 beds2.5 baths2,011 sq ft

7200 Murph Way, Ingalls, IN 46064

Property at 8395 S Firefly Dr, Pendleton, IN 46064, 3 beds, 2.5 baths

$275,000

3 beds2.5 baths1,494 sq ft

8395 S Firefly Dr, Pendleton, IN 46064

Property at 2410 Central Ave, Anderson, IN 46016, 2 beds, 1 bath

$169,900

2 beds1 bath822 sq ft

2410 Central Ave, Anderson, IN 46016

Property at 45 Spring Valley Dr, Anderson, IN 46011, 4 beds, 4 baths

$359,900

4 beds4 baths3,737 sq ft

45 Spring Valley Dr, Anderson, IN 46011

Property at 159 Carrick Glen Blvd, Pendleton, IN 46064, 4 beds, 2.5 baths

$372,000

4 beds2.5 baths2,282 sq ft

159 Carrick Glen Blvd, Pendleton, IN 46064

Property at 911 W 3rd St, Anderson, IN 46016, 3 beds, 1 bath

$125,999

3 beds1 bath2,104 sq ft

911 W 3rd St, Anderson, IN 46016

Property at 2626 Cherry Ct, Anderson, IN 46013, 3 beds, 2 baths

$309,900

3 beds2 baths1,847 sq ft

2626 Cherry Ct, Anderson, IN 46013

Property at 1110 Van Buskirk Rd, Anderson, IN 46011, 3 beds, 1.5 baths

$249,900

3 beds1.5 baths3,138 sq ft

1110 Van Buskirk Rd, Anderson, IN 46011

Property at 2101 N 300 E, Anderson, IN 46012, 4 beds, 3 baths

$375,000

4 beds3 baths2,375 sq ft

2101 N 300 E, Anderson, IN 46012

2 beds2 baths3,352 sq ft

9739 S 400 E, Markleville, IN 46056

Property at 1808 Nichol Ave, Anderson, IN 46016, 2 beds, 1 bath

$54,900

2 beds1 bath2,272 sq ft

1808 Nichol Ave, Anderson, IN 46016

Property at 1620 Winding Way, Anderson, IN 46011, 3 beds, 1.5 baths

$264,900

3 beds1.5 baths1,846 sq ft

1620 Winding Way, Anderson, IN 46011

Property at 5567 S Cladwell Dr, Pendleton, IN 46064, 3 beds, 1.5 baths

$259,900

3 beds1.5 baths1,375 sq ft

5567 S Cladwell Dr, Pendleton, IN 46064

Property at 1404 W 5th St, Anderson, IN 46016, 3 beds, 1.5 baths

$96,900

3 beds1.5 baths3,195 sq ft

1404 W 5th St, Anderson, IN 46016

Property at 1222 Central Ave, Anderson, IN 46016, 7 beds, 1.5 baths

$225,000

7 beds1.5 baths5,791 sq ft

1222 Central Ave, Anderson, IN 46016

Property at 118 Winding Way, Anderson, IN 46011, 4 beds, 2.5 baths

$219,900

4 beds2.5 baths4,446 sq ft

118 Winding Way, Anderson, IN 46011

Property at 1177 W State Road 28, Alexandria, IN 46001, 4 beds, 2 baths

$424,900

4 beds2 baths2,999 sq ft

1177 W State Road 28, Alexandria, IN 46001

Property at 408 E Monroe St, Alexandria, IN 46001, 3 beds, 1.5 baths

$60,000

3 beds1.5 baths2,658 sq ft

408 E Monroe St, Alexandria, IN 46001

Property at 2916 Market St, Pendleton, IN 46064, 3 beds, 1 bath

$205,000

3 beds1 bath1,888 sq ft

2916 Market St, Pendleton, IN 46064

Property at 3603 Sloan Ave, Anderson, IN 46013, 4 beds, 2 baths

$175,000

4 beds2 baths1,612 sq ft

3603 Sloan Ave, Anderson, IN 46013

Property at 1907 Lowell Ave, Anderson, IN 46011, 3 beds, 1.5 baths

$90,000

3 beds1.5 baths1,897 sq ft

1907 Lowell Ave, Anderson, IN 46011

Property at 1905 E 47th St, Anderson, IN 46013, 4 beds, 2 baths

$220,000

4 beds2 baths2,106 sq ft

1905 E 47th St, Anderson, IN 46013

Property at 11114 N 300 E, Alexandria, IN 46001, 3 beds, 2 baths

$289,900

3 beds2 baths2,492 sq ft

11114 N 300 E, Alexandria, IN 46001

Property at 1523 Northcrest Dr, Anderson, IN 46012, 3 beds, 1 bath

$135,000

3 beds1 bath1,234 sq ft

1523 Northcrest Dr, Anderson, IN 46012

Property at 2234 Fairview St, Anderson, IN 46016, 1 bed, 1 bath

$52,500

1 bed1 bath2,016 sq ft

2234 Fairview St, Anderson, IN 46016

Property at 207 E Broadway St, Alexandria, IN 46001, 4 beds, 2 baths

$75,000

4 beds2 baths2,092 sq ft

207 E Broadway St, Alexandria, IN 46001

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Based on information submitted to the MLS GRID as of Sat Nov 29 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.

Cheap Homes for Sale in Madison County

There are currently 499 cheap homes 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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