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:
This single-family residence in Madison County presents an inviting home, ready to move in. Would also make a fantastic turn key rental with professional management already in place. One full bathroom and two bedrooms, offering a comfortable and cozy living experience. Sunroom/mudroom entry space adds convenience and spacious 2 1/2 car garage provides an abundance of storage. Washer/dryer hookups in the utility room. Fully fenced front yard. See rental data report for the area in attachments.

$95,000

2 beds1 bath756 sq ft

2308 W 16th St, Anderson, IN 46016

4,611 sq ft lot • 2 garage spots • Built 1954

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Discover the perfect blend of convenience, space, and modern updates in this beautifully improved home just minutes from the prime intersection of I-69 and Highway 67. This unbeatable location makes it incredibly easy to get to Pendleton, Anderson, Fishers, and Indianapolis. Set on a rare . 63-acre lot, this property offers significantly more land than most nearby homes, many of which sit on roughly half the size or less. Whether you want extra room outdoors, space for projects, or more privacy, this oversized lot is a standout. The setting feels more open than typical neighborhoods. One side borders a wide, open parcel owned by a neighboring church, giving you a peaceful buffer with no hom

$285,000

4 beds1.5 baths1,911 sq ft

5260 S State Road 67, Anderson, IN 46011

Massive pole barn • Private half bath • Expansive rear room

$219,900

3 beds1.5 baths1,161 sq ft

926 E Post Rd, Anderson, IN 46012

0.43 acre lot • 2 garage spots • Built 1961

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Nice Starter Home or Investment Property. 3 Bedroom, 3 Bath Home with a 3 car Garage.

$139,900

3 beds3 baths4,071 sq ft

206 E John St, Alexandria, IN 46001

0.24 acre lot • 3 garage spots • Built 1890

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Discover relaxed, low-maintenance living just 9 minutes from Hamilton Town Center. Built in 2022, this thoughtfully designed ranch home offers the perfect blend of modern comfort and timeless style across 1,665 square feet of easy, single-level living. Step inside to an inviting great room with vaulted ceilings and warm luxury vinyl plank floors that flow seamlessly into the kitchen and dining areas. The well-appointed kitchen features stainless steel appliances, quartz countertops, large center island, and plenty of storage-including a large pantry. Enjoy meals in the sunny breakfast nook or host family dinners in the separate dining area. The spacious primary suite offers a peaceful retre

$320,000

2 beds2 baths1,665 sq ft

9804 Canyon Ln, Pendleton, IN 46064

Quartz countertops • Large center island • Large pantry

Property at 2300 Larita Ln, Anderson, IN 46017, 4 beds, 2.5 baths

$250,000

4 beds2.5 baths1,917 sq ft

2300 Larita Ln, Anderson, IN 46017

Property at 4904 Atlanta St, Anderson, IN 46013, 3 beds, 2 baths

$209,900

3 beds2 baths1,246 sq ft

4904 Atlanta St, Anderson, IN 46013

Property at 1605 N K St, Elwood, IN 46036, 3 beds, 1 bath

$189,900

3 beds1 bath1,164 sq ft

1605 N K St, Elwood, IN 46036

Property at 1974 W State Road 28, Alexandria, IN 46001, 3 beds, 1 bath

$219,900

3 beds1 bath2,961 sq ft

1974 W State Road 28, Alexandria, IN 46001

Property at 5016 N SR 9, Anderson, IN 46017, 3 beds, 2 baths

$225,000

3 beds2 baths1,648 sq ft

5016 N SR 9, Anderson, IN 46017

Property at 2024 N B St, Elwood, IN 46036, 2 beds, 1 bath

$99,900

2 beds1 bath1,456 sq ft

2024 N B St, Elwood, IN 46036

Property at 10 W 41st St, Anderson, IN 46013, 3 beds, 2 baths

$149,500

3 beds2 baths960 sq ft

10 W 41st St, Anderson, IN 46013

Property at 817 W 5th St, Anderson, IN 46016, 5 beds, 2 baths

$250,000

5 beds2 baths3,133 sq ft

817 W 5th St, Anderson, IN 46016

Property at 105 Magnolia Dr, Anderson, IN 46012, 3 beds, 2 baths

$225,000

3 beds2 baths1,300 sq ft

105 Magnolia Dr, Anderson, IN 46012

Property at 104 W Hillsboro Dr, Pendleton, IN 46064, 3 beds, 2 baths

$324,900

3 beds2 baths3,924 sq ft

104 W Hillsboro Dr, Pendleton, IN 46064

Property at 515 W 2nd St, Anderson, IN 46016, 6 beds, 10 baths

$120,000

6 beds10 baths6,888 sq ft

515 W 2nd St, Anderson, IN 46016

Property at 235 E Water St, Pendleton, IN 46064, 3 beds, 1.5 baths

$360,000

3 beds1.5 baths1,755 sq ft

235 E Water St, Pendleton, IN 46064

Property at 717 Church St, Anderson, IN 46013, 3 beds, 2 baths

$269,900

3 beds2 baths1,601 sq ft

717 Church St, Anderson, IN 46013

Property at 4434 W 300 N, Anderson, IN 46011, 4 beds, 2 baths

$399,900

4 beds2 baths4,584 sq ft

4434 W 300 N, Anderson, IN 46011

Property at 9 Dixie Dr, Anderson, IN 46016, 3 beds, 2 baths

$158,000

3 beds2 baths2,414 sq ft

9 Dixie Dr, Anderson, IN 46016

Property at 8563 Lester Pl, Pendleton, IN 46064, 5 beds, 3 baths

$399,900

5 beds3 baths2,772 sq ft

8563 Lester Pl, Pendleton, IN 46064

Property at 529 S Main St, Pendleton, IN 46064, 2 beds, 1.5 baths

$224,900

2 beds1.5 baths3,646 sq ft

529 S Main St, Pendleton, IN 46064

Property at 8346 S Firefly Dr, Pendleton, IN 46064, 3 beds, 2.5 baths

$268,000

3 beds2.5 baths2,050 sq ft

8346 S Firefly Dr, Pendleton, IN 46064

Property at 3907 Haverhill Dr, Anderson, IN 46013, 2 beds, 1 bath

$89,900

2 beds1 bath1,143 sq ft

3907 Haverhill Dr, Anderson, IN 46013

Property at 9254 W Forest Dr, Elwood, IN 46036, 4 beds, 3 baths

$360,000

4 beds3 baths3,976 sq ft

9254 W Forest Dr, Elwood, IN 46036

Property at 3054 E 250 N, Anderson, IN 46012, 3 beds, 2 baths

$225,000

3 beds2 baths2,736 sq ft

3054 E 250 N, Anderson, IN 46012

Property at 616 N Anderson St, Elwood, IN 46036, 4 beds, 2 baths

$209,000

4 beds2 baths2,044 sq ft

616 N Anderson St, Elwood, IN 46036

Property at 420 N Manifold St, Ingalls, IN 46048, 3 beds, 1 bath

$234,900

3 beds1 bath984 sq ft

420 N Manifold St, Ingalls, IN 46048

Property at 220 E 54th St, Anderson, IN 46013, 2 beds, 1 bath

$105,000

2 beds1 bath884 sq ft

220 E 54th St, Anderson, IN 46013

Property at 1015 Ranike Dr, Anderson, IN 46012, 3 beds, 2 baths

$215,900

3 beds2 baths1,390 sq ft

1015 Ranike Dr, Anderson, IN 46012

Property at 1017 S A St, Elwood, IN 46036, 3 beds, 1 bath

$139,900

3 beds1 bath1,574 sq ft

1017 S A St, Elwood, IN 46036

Property at 307 Cottage Ave, Anderson, IN 46012, 5 beds, 2 baths

$180,000

5 beds2 baths3,729 sq ft

307 Cottage Ave, Anderson, IN 46012

Property at 3776 Cameron Ct, Anderson, IN 46012, 2 beds, 2 baths

$224,900

2 beds2 baths1,285 sq ft

3776 Cameron Ct, Anderson, IN 46012

Property at 807 Forest Dr, Anderson, IN 46011, 4 beds, 2.5 baths

$395,000

4 beds2.5 baths4,034 sq ft

807 Forest Dr, Anderson, IN 46011

Property at 1332 S C St, Elwood, IN 46036, 1 bed, 1 bath

$64,900

1 bed1 bath592 sq ft

1332 S C St, Elwood, IN 46036

Property at 301 E Summitville St, Summitville, IN 46070, 3 beds, 1 bath

$33,500

3 beds1 bath1,248 sq ft

301 E Summitville St, Summitville, IN 46070

Property at 908 Wayside Ln, Anderson, IN 46011, 3 beds, 2.5 baths

$240,000

3 beds2.5 baths2,226 sq ft

908 Wayside Ln, Anderson, IN 46011

Property at 18996 N State Road 37, Elwood, IN 46036, 2 beds, 1 bath

$185,000

2 beds1 bath936 sq ft

18996 N State Road 37, Elwood, IN 46036

Property at 2030 Broadway St, Anderson, IN 46012, 1 bed, 2 baths

$89,900

1 bed2 baths1,252 sq ft

2030 Broadway St, Anderson, IN 46012

Property at 292 W 500 S, Anderson, IN 46013, 3 beds, 2 baths

$235,000

3 beds2 baths1,610 sq ft

292 W 500 S, Anderson, IN 46013

Property at 707 Fairington Way, Alexandria, IN 46001, 3 beds, 2.5 baths

$410,000

3 beds2.5 baths2,911 sq ft

707 Fairington Way, Alexandria, IN 46001

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Based on information submitted to the MLS GRID as of Sun Nov 30 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 498 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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