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

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NEW 4 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Check out this charming 3 bedroom, 1.5 bathroom home located in a great neighborhood in Elwood! The home features a cozy covered front porch, perfect for enjoying your morning coffee or relaxing in the evenings. Out back, you'll find an enclosed patio offering another great space to sit back and unwind. The fenced-in backyard provides plenty of shade and room to enjoy the outdoors, along with a storage shed for lawn equipment, tools, and additional storage. Conveniently located just a short walk to the Dollar General Market, a local gym, and other everyday amenities. You'll also appreciate the easy access to State Road 13 and State Road 37, making trips to Noblesville and surrounding areas

$164,900

3 beds1.5 baths1,120 sq ft

1615 Avenue East St, Elwood, IN 46036

Covered front porch • Fenced in backyard • Storage shed

NEW 4 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
This brick ranch in north Anderson is looking for its new owner! This home features 3 bedrooms and 2 full bathrooms, along with a string of convenient updates. In the kitchen, you will find new cabinetry, countertops, and stainless steel appliances. Other updates include a newer roof, flooring, and remodeled bathrooms (all 2022). You'll also find a large backyard, complete with a full privacy fence and concrete patio. Schedule a showing today!

$210,000

3 beds2 baths1,236 sq ft

206 S Scatterfield Rd, Anderson, IN 46012

Full privacy fence • Newer roof • Large backyard

NEW 4 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Welcome to 1608 Weslow Court a charming brick ranch tucked away on a quiet cul-de-sac in Anderson's established Edgewood area. Offering 3 bedrooms, 1.5 baths and approximately 1,448 square feet of comfortable, single-level living, this home has the space, character and setting buyers have been looking for. Step inside to a welcoming living space highlighted by a cozy wood-burning fireplace-the perfect spot to gather on cool Indiana evenings. The functional floor plan offers comfortable bedroom spaces, an updated kitchen with breakfast bar, main-level laundry and plenty of room to make this home your own. Outside, you'll love the spacious approximately . 35-acre lot surrounded by mature tree

$190,000

3 beds1.5 baths1,392 sq ft

1608 Weslow Ct, Anderson, IN 46011

Quiet cul-de-sac • Spacious lot • Updated kitchen

NEW 16 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Beautiful wooded log home nestled on 2.46 acres in Frankton-Lapel School District, located on a quiet country road with no outlet. This peaceful property offers privacy, natural surroundings, and the opportunity to enjoy country living while remaining conveniently located. The home features 2 bedrooms, 1.5 bathrooms, hardwood floors, and a cozy-wood burning stove. A one-car detached garage provides additional storage, while the extra room offers flexible space for hobbies, a workshop, office, or personal retreat. Nature enthusiastic will appreciate the wooded acreage, abundant wildlife, and outdoor setting. Move in just in time to enjoy the beauty of fall / winter snow from your own privat

$229,900

2 beds1.5 baths1,136 sq ft

7260 N 750 W, Frankton, IN 46044

Quiet country road • Private retreat • Wooded log home

FLOOR PLAN

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Rare Gem!!! This meticulously maintained single-family residence is waiting for you! It's thoughtfully designed living space offers a comfortable and engaging lifestyle. The heart of this home is an open-plan kitchen, seamlessly connecting to the living room. This culinary space features sleek stainless steel appliances and a convenient peninsula, perfect for casual dining or entertaining. Adjacent to the kitchen, the living room provides a welcoming atmosphere, centered around a cozy wood burning fireplace. Retreat to a comfortable bedroom, distinguished by an inviting accent wall that adds a touch of personalized style. The home's bathrooms offer practical design, with one featuring a wa

$299,900

3 beds2 baths1,482 sq ft

5631 S Cladwell Dr, Pendleton, IN 46064

Open-plan kitchen • Walk-in shower • 0.43 acre lot

Property at 1462 W 1000 S, Pendleton, IN 46064, 3 beds, 2 baths

$449,900

3 beds2 baths2,640 sq ft

1462 W 1000 S, Pendleton, IN 46064

Property at 2307 Nichol Ave, Anderson, IN 46016, 3 beds, 1 bath

$14,900

3 beds1 bath1,848 sq ft

2307 Nichol Ave, Anderson, IN 46016

Property at 7434 N 425 Rd, Alexandria, IN 46001, 3 beds, 2 baths

$289,900

3 beds2 baths2,438 sq ft

7434 N 425 Rd, Alexandria, IN 46001

Property at 8402 S Paddleboat Ln, Pendleton, IN 46064, 4 beds, 2.5 baths

$320,000

4 beds2.5 baths2,838 sq ft

8402 S Paddleboat Ln, Pendleton, IN 46064

Property at 4601 Winter Dr, Anderson, IN 46012, 3 beds, 2 baths

$287,500

3 beds2 baths2,010 sq ft

4601 Winter Dr, Anderson, IN 46012

Property at 703 Pershing Dr, Anderson, IN 46011, 4 beds, 1.5 baths

$259,900

4 beds1.5 baths1,995 sq ft

703 Pershing Dr, Anderson, IN 46011

Property at 4720 Mounds Rd, Anderson, IN 46017, 3 beds, 2.5 baths

$319,900

3 beds2.5 baths3,384 sq ft

4720 Mounds Rd, Anderson, IN 46017

Property at 134 Waterford Ct, Pendleton, IN 46064, 3 beds, 2 baths

$345,000

3 beds2 baths1,500 sq ft

134 Waterford Ct, Pendleton, IN 46064

Property at 1119 Lindberg Rd, Anderson, IN 46012, 2 beds, 1.5 baths

$140,000

2 beds1.5 baths2,062 sq ft

1119 Lindberg Rd, Anderson, IN 46012

Property at 804 W 4th St, Alexandria, IN 46001, 3 beds, 1 bath

$55,000

3 beds1 bath1,062 sq ft

804 W 4th St, Alexandria, IN 46001

Property at 113 Magnolia Dr, Anderson, IN 46012, 3 beds, 1.5 baths

$219,900

3 beds1.5 baths1,302 sq ft

113 Magnolia Dr, Anderson, IN 46012

Property at 112 E 34th St, Anderson, IN 46013, 2 beds, 1 bath

$79,500

2 beds1 bath728 sq ft

112 E 34th St, Anderson, IN 46013

Property at 921 W 4th St, Anderson, IN 46016, 3 beds, 2 baths

$165,000

3 beds2 baths2,114 sq ft

921 W 4th St, Anderson, IN 46016

Property at 929 Imy, Anderson, IN 46013, 3 beds, 2 baths

$234,900

3 beds2 baths1,318 sq ft

929 Imy, Anderson, IN 46013

Property at 1021 Brunswick Way, Anderson, IN 46012, 3 beds, 1 bath

$169,900

3 beds1 bath1,098 sq ft

1021 Brunswick Way, Anderson, IN 46012

Property at 2325 Halford St, Anderson, IN 46016, 2 beds, 1 bath

$99,500

2 beds1 bath1,002 sq ft

2325 Halford St, Anderson, IN 46016

Property at 1808 Westwood, Anderson, IN 46011, 5 beds, 2.5 baths

$400,000

5 beds2.5 baths3,615 sq ft

1808 Westwood, Anderson, IN 46011

Property at 2720 Seminole Ct, Anderson, IN 46012, 3 beds, 1 bath

$129,900

3 beds1 bath900 sq ft

2720 Seminole Ct, Anderson, IN 46012

Property at 2009 Manger Ln, Anderson, IN 46011, 2 beds, 1 bath

$129,900

2 beds1 bath700 sq ft

2009 Manger Ln, Anderson, IN 46011

Property at 917 W 8th St, Anderson, IN 46016, 3 beds, 3 baths

$234,900

3 beds3 baths2,070 sq ft

917 W 8th St, Anderson, IN 46016

Property at 1901 N E St, Elwood, IN 46036, 3 beds, 1 bath

$145,000

3 beds1 bath2,192 sq ft

1901 N E St, Elwood, IN 46036

Property at 2672 N 350 W, Anderson, IN 46011, 3 beds, 2 baths

$349,900

3 beds2 baths1,599 sq ft

2672 N 350 W, Anderson, IN 46011

Property at 106 Plum St, Anderson, IN 46012, 2 beds, 1 bath

$139,900

2 beds1 bath1,032 sq ft

106 Plum St, Anderson, IN 46012

Property at 8506 Fownes Ln, Pendleton, IN 46064, 5 beds, 2.5 baths

$355,000

5 beds2.5 baths2,203 sq ft

8506 Fownes Ln, Pendleton, IN 46064

Property at 4311 Brown St, Anderson, IN 46013, 2 beds, 1 bath

$115,000

2 beds1 bath725 sq ft

4311 Brown St, Anderson, IN 46013

Property at 10874 Woods Dr, Ingalls, IN 46048, 3 beds, 2 baths

$230,000

3 beds2 baths1,255 sq ft

10874 Woods Dr, Ingalls, IN 46048

Property at 2440 Brown St, Anderson, IN 46016, 2 beds, 1 bath

$119,900

2 beds1 bath832 sq ft

2440 Brown St, Anderson, IN 46016

Property at 9533 W Lantern Ln, Pendleton, IN 46064, 4 beds, 2.5 baths

$319,900

4 beds2.5 baths3,024 sq ft

9533 W Lantern Ln, Pendleton, IN 46064

Property at 2719 Patriot Dr, Anderson, IN 46012, 2 beds, 2 baths

$289,000

2 beds2 baths1,744 sq ft

2719 Patriot Dr, Anderson, IN 46012

Property at 401 Mill St, Frankton, IN 46044, 3 beds, 2 baths

$224,900

3 beds2 baths1,512 sq ft

401 Mill St, Frankton, IN 46044

Property at 1470 Bella Rita Ln, Pendleton, IN 46064, 3 beds, 2.5 baths

$355,000

3 beds2.5 baths2,044 sq ft

1470 Bella Rita Ln, Pendleton, IN 46064

Property at 1609 N D St, Elwood, IN 46036, 3 beds, 1 bath

$154,900

3 beds1 bath1,371 sq ft

1609 N D St, Elwood, IN 46036

Property at 7146 Theo Baker Blvd, Pendleton, IN 46064, 4 beds, 2.5 baths

$426,500

4 beds2.5 baths2,904 sq ft

7146 Theo Baker Blvd, Pendleton, IN 46064

Property at 5 W 38th St, Anderson, IN 46013, 1 bed, 2 baths

$92,900

1 bed2 baths1,408 sq ft

5 W 38th St, Anderson, IN 46013

Property at 1416 W 6th St, Anderson, IN 46016, 2 beds, 4 baths

$325,000

2 beds4 baths2,400 sq ft

1416 W 6th St, Anderson, IN 46016

Property at 115 Adams St, Pendleton, IN 46064, 4 beds, 2 baths

$315,000

4 beds2 baths2,700 sq ft

115 Adams St, Pendleton, IN 46064

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Based on information submitted to the MLS GRID as of Mon Oct 12 2026. 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 650 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 59 days and receive 1 offers. This map is refreshed with the newest listings in Madison County every 15 minutes.

In the past month, 140 homes have been sold in Madison County. In addition to houses in Madison County, there were also 20 condos, 0 townhouses, and 33 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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