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

499 homes

Sort:

Recommended

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Looking for an inviting and ready to move in ready home? Look no further! This home is where you can start creating new memories. The living room provides an inviting atmosphere, highlighted by a fireplace that serves as a natural focal point, promising cozy evenings spent in warmth and relaxation. The kitchen, thoughtfully designed, features a kitchen bar and peninsula, creating an efficient area that is well-suited for both everyday meal preparation and entertaining guests. The bathroom is equipped with a walk-in shower, offering convenience and ease. Positioned on a generous lot in a rural area, the property offers a sense of tranquility. The presence of a shed provides practical storage

$235,000

3 beds2 baths1,610 sq ft

292 W 500 S, Anderson, IN 46013

Kitchen bar • Open floor plan • Generous lot

3D WALKTHROUGH

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Imagine waking up in a spacious, sunlit home where your mortgage feels like a distant memory-because the rent from one side of this stunning duplex almost covers it all, letting you live practically free. Welcome to this rare gem in Anderson's peaceful Greenbrier Addition, where smart investing meets effortless living. This side-by-side duplex offers two identical, impeccably maintained units, each a generous 3-bedroom, 2-bathroom, 2-story haven spanning over 900 square feet of modern comfort. Perfect for multi-generational families, savvy investors, or anyone ready to turn housing costs into income. Located on a low traffic street, each unit features its own attached one-car garage for sec

$259,900

3 beds4 baths1,856 sq ft

1905 E Balsam Ct, Anderson, IN 46011

Side by side duplex • Shared driveway • 9,432 sq ft lot

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Tucked away at 28 Cambridge CT, ANDERSON, IN, this single-family residence is calling your name, promising a life less ordinary and more "wow, I actually live here!" This inviting home is ready to move in! Imagine sinking into the plush embrace of your living room, where a crackling fireplace casts dancing shadows across the beamed ceiling, creating a haven of cozy contentment, especially on those Indiana evenings. This is where stories are told, laughter echoes, and memories are made, all wrapped in a blanket of warmth and charm. The two full bathrooms offer a spa-like experience, complete with a double vanity where mornings become a delightful dance, not a rushed routine. Step

$266,000

3 beds2 baths2,913 sq ft

28 Cambridge Ct, Anderson, IN 46012

Double vanity • Woods view • Deck

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Beautiful 3 Bedroom All-Brick Ranch on Two Lots Spacious and updated, this 2,900 sq. ft. all-brick ranch sits on two lots totaling just over 0.5 acres. Home features numerous updates throughout, including renovated kitchen and bathrooms, newer flooring, fresh paint, updated appliances, and a newer roof. The large kitchen offers a generous island with quartz countertops and an adjoining breakfast area with custom bench seating. Enjoy outdoor living on the expansive concrete patio overlooking the well-manicured yard. A mini barn provides additional storage. This property is truly a must-see to appreciate all it has to offer.

$410,000

3 beds2.5 baths2,911 sq ft

707 Fairington Way, Alexandria, IN 46001

All brick ranch • Renovated kitchen • Mini barn

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
This charming single-story home is ready to impress with its blend of comfort, updates, and classic appeal. Featuring 1,041 square feet of living space, this property offers the perfect balance of function and warmth. Step inside to find three bedrooms and two full bathrooms, designed to make everyday living easy and enjoyable. The updated electrical system and newer central air unit mean you can move in with confidence and comfort from day one. Outside, you'll love the detached two-car garage-perfect for parking, storage, or projects-and the fenced backyard, ideal for pets, play, or outdoor gatherings. The welcoming layout invites your personal touch, whether you're creating cozy spaces to

$157,500

3 beds2 baths1,041 sq ft

1815 S M St, Elwood, IN 46036

Fenced backyard • 6,621 sq ft lot • 2 garage spots

Property at 2405 E 38th St, Anderson, IN 46013, 3 beds, 1.5 baths

$182,500

3 beds1.5 baths2,736 sq ft

2405 E 38th St, Anderson, IN 46013

Property at 7190 Murph Way, Pendleton, IN 46064, 5 beds, 3 baths

$377,685

5 beds3 baths2,465 sq ft

7190 Murph Way, Pendleton, IN 46064

Property at 305 Mohawk St, Anderson, IN 46012, 2 beds, 1 bath

$119,900

2 beds1 bath840 sq ft

305 Mohawk St, Anderson, IN 46012

Property at 2009 S L St, Elwood, IN 46036, 3 beds, 2 baths

$184,900

3 beds2 baths1,308 sq ft

2009 S L St, Elwood, IN 46036

Property at 5004 Plantation St, Anderson, IN 46013, 3 beds, 2.5 baths

$265,000

3 beds2.5 baths1,690 sq ft

5004 Plantation St, Anderson, IN 46013

Property at 306 E Monroe St, Alexandria, IN 46001, 3 beds, 2 baths

$145,000

3 beds2 baths2,928 sq ft

306 E Monroe St, Alexandria, IN 46001

Property at 8096 Camellia Ln, Pendleton, IN 46064, 3 beds, 2 baths

$289,995

3 beds2 baths1,354 sq ft

8096 Camellia Ln, Pendleton, IN 46064

Property at 1503 E 600 S, Anderson, IN 46013, 3 beds, 3.5 baths

$324,900

3 beds3.5 baths2,076 sq ft

1503 E 600 S, Anderson, IN 46013

Property at 917 Hickory St, Anderson, IN 46012, 1 bed, 1 bath

$75,000

1 bed1 bath705 sq ft

917 Hickory St, Anderson, IN 46012

Property at 714 N Harrison St, Alexandria, IN 46001, 3 beds, 2 baths

$159,900

3 beds2 baths2,936 sq ft

714 N Harrison St, Alexandria, IN 46001

Property at 211 Orchard Ln, Alexandria, IN 46001, 3 beds, 2 baths

$269,000

3 beds2 baths1,880 sq ft

211 Orchard Ln, Alexandria, IN 46001

Property at 1321 Greenway Dr, Anderson, IN 46011, 3 beds, 2.5 baths

$314,995

3 beds2.5 baths2,365 sq ft

1321 Greenway Dr, Anderson, IN 46011

Property at 2033 Alhambra Ct Unit B, Anderson, IN 46013, 2 beds, 1 bath

$155,000

2 beds1 bath986 sq ft

2033 Alhambra Ct Unit B, Anderson, IN 46013

Property at 121 Main St, Pendleton, IN 46064, 3 beds, 2 baths

$275,000

3 beds2 baths2,356 sq ft

121 Main St, Pendleton, IN 46064

Property at 2519 Jackson St, Anderson, IN 46016, 3 beds, 2 baths

$175,000

3 beds2 baths2,316 sq ft

2519 Jackson St, Anderson, IN 46016

Property at 34 Colony Rd, Anderson, IN 46011, 3 beds, 2.5 baths

$300,000

3 beds2.5 baths2,593 sq ft

34 Colony Rd, Anderson, IN 46011

Property at 212 E Garfield St, Alexandria, IN 46001, 3 beds, 2 baths

$155,000

3 beds2 baths1,648 sq ft

212 E Garfield St, Alexandria, IN 46001

Property at 601 Belzer Dr, Anderson, IN 46011, 2 beds, 1 bath

$70,000

2 beds1 bath1,152 sq ft

601 Belzer Dr, Anderson, IN 46011

Property at 1820 Euclid Dr, Anderson, IN 46011, 2 beds, 1 bath

$81,500

2 beds1 bath800 sq ft

1820 Euclid Dr, Anderson, IN 46011

Property at 9118 Larson Dr, Pendleton, IN 46064, 5 beds, 3 baths

$390,000

5 beds3 baths2,740 sq ft

9118 Larson Dr, Pendleton, IN 46064

Property at 6498 S 200 E, Markleville, IN 46056, 2 beds, 1 bath

$279,900

2 beds1 bath1,974 sq ft

6498 S 200 E, Markleville, IN 46056

Property at 711 E 32nd St, Anderson, IN 46016, 2 beds, 1 bath

$107,000

2 beds1 bath1,721 sq ft

711 E 32nd St, Anderson, IN 46016

Property at 6408 Rosalind Ln, Anderson, IN 46013, 3 beds, 2 baths

$274,900

3 beds2 baths1,801 sq ft

6408 Rosalind Ln, Anderson, IN 46013

Property at 9292 S Tomahawk Trl, Markleville, IN 46056, 3 beds, 1 bath

$250,000

3 beds1 bath960 sq ft

9292 S Tomahawk Trl, Markleville, IN 46056

Property at 2007 Columbus Ave, Anderson, IN 46016, 2 beds, 1 bath

$154,900

2 beds1 bath1,259 sq ft

2007 Columbus Ave, Anderson, IN 46016

Property at 531 W Plum St, Anderson, IN 46017, 3 beds, 1 bath

$174,900

3 beds1 bath1,254 sq ft

531 W Plum St, Anderson, IN 46017

Property at 441 N Alfonte St, Ingalls, IN 46048, 3 beds, 1 bath

$87,900

3 beds1 bath910 sq ft

441 N Alfonte St, Ingalls, IN 46048

(708) 560-1282

Property at 1001 N 14th St, Elwood, IN 46036, 4 beds, 2.5 baths

$229,900

4 beds2.5 baths2,076 sq ft

1001 N 14th St, Elwood, IN 46036

Property at 423 E 37th St, Anderson, IN 46013, 2 beds, 1 bath

$135,900

2 beds1 bath1,020 sq ft

423 E 37th St, Anderson, IN 46013

Property at 6501 Paramount Springs Dr, Anderson, IN 46013, 3 beds, 2.5 baths

$244,900

3 beds2.5 baths1,940 sq ft

6501 Paramount Springs Dr, Anderson, IN 46013

Property at 6180 N Akron Dr, Alexandria, IN 46001, 3 beds, 2 baths

$229,900

3 beds2 baths2,379 sq ft

6180 N Akron Dr, Alexandria, IN 46001

Property at 6430 Schell Ln, Anderson, IN 46013, 3 beds, 2 baths

$210,000

3 beds2 baths1,209 sq ft

6430 Schell Ln, Anderson, IN 46013

Property at 6579 Aster Dr, Pendleton, IN 46064, 4 beds, 2.5 baths

$329,000

4 beds2.5 baths2,158 sq ft

6579 Aster Dr, Pendleton, IN 46064

Property at 234 Winding Brook Way, Pendleton, IN 46064, 5 beds, 3 baths

$383,000

5 beds3 baths2,961 sq ft

234 Winding Brook Way, Pendleton, IN 46064

Property at 606 S Buckingham Ct Unit 8-B, Anderson, IN 46013, 2 beds, 2 baths

$185,000

2 beds2 baths1,506 sq ft

606 S Buckingham Ct Unit 8-B, Anderson, IN 46013

Property at 8809 Winton Pl, Pendleton, IN 46064, 4 beds, 2.5 baths

$399,900

4 beds2.5 baths2,028 sq ft

8809 Winton Pl, Pendleton, IN 46064

Viewing page 3 of 9

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.

More real estate resources for Madison County, IN

Nearby Counties

Cities

Nearby Counties with Cheap Homes

Nearby Cities with Cheap Homes

More to explore in Madison County, IN

How to buy a house in Madison County, IN

How much house can I afford?

How to buy a house in 10 steps

First-time homebuyer's guide

See more home buying guides

Popular Markets in Indiana

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Why Redfin?

Community Impact

Diversity & Inclusion

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.