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

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ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Let your imagination run wild! Convert this 25x36 pole barn into living space, add on additional living space or store your equipment, toys or supplies. Located in a residential area on Anderson's south side near shopping, restaurants and I-69 access. Price includes the lot which allows for adding on to the front of the current vinyl sided pole barn. The barn has a double overhead door, side service entrance door, partial concrete floor and pull down stairs to upper plywood flooring area for storage. Street and alley access. Zoned R-2 Residential. (You cannot run a business out of it. ) Survey on file. Natural gas, electricity, city water and sewer, high speed internet and cable are all ava

$34,500

Studio— baths864 sq ft

0 Burton Pl, Anderson, IN 46013

Pull down stairs • Pole barn • Double overhead door

$45,999

3 beds1 bath2,076 sq ft

321 S Madison Ave, Anderson, IN 46016

1,728 sq ft lot • Built 1904 • Listed 339 days

3D WALKTHROUGH

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Tired of paying rent? This recently updated 2 bedroom, 1 bath home could be yours. Updates include new paint, remodeled kitchen, new flooring, new appliances, new lighting and new AC.

$121,900

2 beds1 bath832 sq ft

2440 Brown St, Anderson, IN 46016

New lighting • Remodeled kitchen • New flooring

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Excellent investment opportunity on this bungalow in Elwood! Last rent was $985/month. Property needs some work but near parks and close to Speedway or Downtown. This 2 bedroom home features enclosed front and back porches, 2 spacious bedrooms on the main level, large eat-in kitchen with a breakfast bar, ceiling fans, separate laundry room, a huge upstairs loft area that could be used as a 3rd bedroom, and spacious yard. Additional 6 properties available from same seller/agent, varying condition. Property is sold in Receivership - requires UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK approval of contract prior to closing. Property is sold as-is. Seller will not assume

$91,900

3 beds1 bath2,112 sq ft

928 S A St, Elwood, IN 46036

Spacious yard • Large eat-in kitchen • Breakfast bar

3D WALKTHROUGH

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Nestled in a quiet Anderson neighborhood, this charming 3-bedroom, 1.5-bath ranch sits on a great lot and offers comfortable, easy living. The home features a spacious living room, a functional kitchen with an adjoining dining area, and three nicely sized bedrooms. Step outside to enjoy the huge backyard, perfect for entertaining, gardening, or simply relaxing, all from the comfort of the covered patio. With its practical layout and generous outdoor space, this home is a wonderful opportunity for anyone seeking peaceful living in a desirable setting.

$200,000

3 beds1.5 baths1,160 sq ft

216 E 49th St, Anderson, IN 46013

Huge backyard • Covered patio • 0.34 acre lot

Property at 1800 W 38th Street Beverly Park, Anderson, IN 46013, 4 beds, 2 baths

$154,900

4 beds2 baths1,680 sq ft

1800 W 38th Street Beverly Park, Anderson, IN 46013

Listing provided by Zillow

Property at Juniper Plan, Fortville, IN 46040, 3 beds, 2.5 baths

$290,995

3 beds2.5 baths1,760 sq ft

Juniper Plan, Fortville, IN 46040

Listing provided by Zillow

Property at 9417 Crimson Cir, Lapel, IN 46051, 4 beds, 2.5 baths

$390,000

4 beds2.5 baths2,439 sq ft

9417 Crimson Cir, Lapel, IN 46051

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

$71,500

4 beds1 bath2,120 sq ft

727 W 9th St, Anderson, IN 46016

Property at 336 Harmony Ct, Anderson, IN 46013, 3 beds, 2 baths

$79,900

3 beds2 baths1,568 sq ft

336 Harmony Ct, Anderson, IN 46013

Listing provided by Zillow

Property at 603 E Clyde St, Frankton, IN 46044, 3 beds, 1 bath

$184,900

3 beds1 bath1,756 sq ft

603 E Clyde St, Frankton, IN 46044

Property at 214 S 10th St, Elwood, IN 46036, 3 beds, 1 bath

$147,900

3 beds1 bath928 sq ft

214 S 10th St, Elwood, IN 46036

Property at Clayton Camelot Village Plan, Anderson, IN 46013, 3 beds, 2 baths

$114,900

3 beds2 baths1,216 sq ft

Clayton Camelot Village Plan, Anderson, IN 46013

Listing provided by Zillow

Property at 415 E 15th St, Anderson, IN 46016, 2 beds, 1 bath

$109,900

2 beds1 bath1,099 sq ft

415 E 15th St, Anderson, IN 46016

Property at Legacy 3040 Plan, Pendleton, IN 46064, 5 beds, 2.5 baths

$377,000

5 beds2.5 baths3,040 sq ft

Legacy 3040 Plan, Pendleton, IN 46064

Listing provided by Zillow

Property at 7129 Theo Baker Blvd, Pendleton, IN 46064, 4 beds, 2 baths

$349,000

4 beds2 baths1,771 sq ft

7129 Theo Baker Blvd, Pendleton, IN 46064

Property at 1309 N 8th St, Elwood, IN 46036, 3 beds, 2 baths

$329,900

3 beds2 baths1,560 sq ft

1309 N 8th St, Elwood, IN 46036

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 103 Sunburst Cir, Alexandria, IN 46001, 3 beds, 2 baths

$239,900

3 beds2 baths1,200 sq ft

103 Sunburst Cir, Alexandria, IN 46001

Property at 503 Tulip Tree Dr, Lapel, IN 46051, 4 beds, 2.5 baths

$380,000

4 beds2.5 baths2,242 sq ft

503 Tulip Tree Dr, Lapel, IN 46051

Property at 2617 Fowler St, Anderson, IN 46012, 3 beds, 1 bath

$120,000

3 beds1 bath816 sq ft

2617 Fowler St, Anderson, IN 46012

Property at Clayton Redbud Estates Plan, Anderson, IN 46013, 2 beds, 2 baths

$77,000

2 beds2 baths1,073 sq ft

Clayton Redbud Estates Plan, Anderson, IN 46013

Listing provided by Zillow

Property at Legacy 1942 Plan, Pendleton, IN 46064, 3 beds, 2 baths

$347,000

3 beds2 baths1,942 sq ft

Legacy 1942 Plan, Pendleton, IN 46064

Listing provided by Zillow

Property at The Whitley Plan, 49l0bz Lapel, IN 46051, 4 beds, 2.5 baths

$419,900

4 beds2.5 baths2,694 sq ft

The Whitley Plan, 49l0bz Lapel, IN 46051

Listing provided by Zillow

Property at PATRIOT 109 Redbud Estates Plan, Anderson, IN 46013, 2 beds, 2 baths

$49,900

2 beds2 baths1,120 sq ft

PATRIOT 109 Redbud Estates Plan, Anderson, IN 46013

Listing provided by Zillow

Property at 1702 S E St, Elwood, IN 46036, 4 beds, 10 baths

$399,700

4 beds10 baths5,370 sq ft

1702 S E St, Elwood, IN 46036

Property at 2717 Apache Dr, Anderson, IN 46012, 3 beds, 1 bath

$110,900

3 beds1 bath1,542 sq ft

2717 Apache Dr, Anderson, IN 46012

Property at 4106 Brown St, Anderson, IN 46013, 2 beds, 1 bath

$89,800

2 beds1 bath709 sq ft

4106 Brown St, Anderson, IN 46013

Property at Muncie Plan, Pendleton, IN 46064, 3 beds, 2 baths

$357,900

3 beds2 baths1,818 sq ft

Muncie Plan, Pendleton, IN 46064

Listing provided by Zillow

Property at Simplicity 1350 Plan, Pendleton, IN 46064, 3 beds, 2 baths

$290,000

3 beds2 baths1,350 sq ft

Simplicity 1350 Plan, Pendleton, IN 46064

Listing provided by Zillow

Property at Simplicity 2364 Plan, Pendleton, IN 46064, 4 beds, 2.5 baths

$337,000

4 beds2.5 baths2,364 sq ft

Simplicity 2364 Plan, Pendleton, IN 46064

Listing provided by Zillow

Property at 6696 Blackthorne Dr, Pendleton, IN 46064, 4 beds, 2 baths

$365,900

4 beds2 baths1,748 sq ft

6696 Blackthorne Dr, Pendleton, IN 46064

Property at 119 Redbud Cir, Anderson, IN 46013, 3 beds, 2 baths

$162,500

3 beds2 baths1,745 sq ft

119 Redbud Cir, Anderson, IN 46013

Listing provided by Zillow

Property at Clayton C238 Camelot Village Plan, Anderson, IN 46013, 3 beds, 2 baths

$119,500

3 beds2 baths1,216 sq ft

Clayton C238 Camelot Village Plan, Anderson, IN 46013

Listing provided by Zillow

Property at 8573 Kellner St, Pendleton, IN 46064, 5 beds, 3.5 baths

$410,000

5 beds3.5 baths3,196 sq ft

8573 Kellner St, Pendleton, IN 46064

Property at The Atkinson Plan, Elwood, IN 46036, 3 beds, 2 baths

$319,900

3 beds2 baths1,524 sq ft

The Atkinson Plan, Elwood, IN 46036

Listing provided by Zillow

Property at The Newhaven Plan, Elwood, IN 46036, 3 beds, 2 baths

$319,900

3 beds2 baths1,667 sq ft

The Newhaven Plan, Elwood, IN 46036

Listing provided by Zillow

Property at The Lakeview Plan, Elwood, IN 46036, 3 beds, 2 baths

$339,900

3 beds2 baths1,811 sq ft

The Lakeview Plan, Elwood, IN 46036

Listing provided by Zillow

Property at Rochester 336 Redbud Estates Plan, Anderson, IN 46013, 3 beds, 2 baths

$79,900

3 beds2 baths1,568 sq ft

Rochester 336 Redbud Estates Plan, Anderson, IN 46013

Listing provided by Zillow

Property at 1800 W 38th St #3, Anderson, IN 46013, 3 beds, 3 baths

$189,900

3 beds3 baths1,920 sq ft

1800 W 38th St #3, Anderson, IN 46013

Listing provided by Zillow

Property at Legacy 2719 Plan, Pendleton, IN 46064, 3 beds, 2.5 baths

$369,500

3 beds2.5 baths2,719 sq ft

Legacy 2719 Plan, Pendleton, IN 46064

Listing provided by Zillow

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Based on information submitted to the MLS GRID as of Thu Oct 01 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 628 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 57 days and receive 1 offers. This map is refreshed with the newest listings in Madison County every 15 minutes.

In the past month, 157 homes have been sold in Madison County. In addition to houses in Madison County, there were also 17 condos, 0 townhouses, and 28 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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