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:
INVESTOR ALERT!!! Expand your portfolio with this 2 bdrm/1 bath home with lots of potential! The Dining Room could easily be converted into a 3rd bdrm for higher rental income. Property contains 2 parcels and a 1 car detached garage. Great location in downtown Anderson--close to the hospital and public transportation route! Seller would prefer to sell 1920 Main, 1924 Main, & 1928 Main as a package deal! Please see other listings for more details.

$59,900

2 beds1 bath1,386 sq ft

1928 Main St, Anderson, IN 46016

Close to hospital • 2 parcels • Great location

OPEN SAT, 12PM TO 2PMFLOOR PLAN

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Better than NEW!!! Built in 2023, this 1724 sq ft single story home is in pristine condition, offering an attractive property that seamlessly blends modern design with everyday comfort. The heart of this home is the open concept Kitchen & Great Room with soaring ceilings! The Kitchen boasts stainless steel appliances, quartz counters, a functional center island & plenty of cabinet space! Flowing effortlessly into the Great Room, this creates the perfect space for entertaining and daily life. The Office space would also be ideal for a Formal Dining Room, playroom or flex space. Breathtaking views await as you enjoy the 4 season Sunroom with abounding natural light. The split floo

$325,000

3 beds2 baths1,724 sq ft

624 Tuscany Trl, Lapel, IN 46051

Quartz counters • Open concept kitchen • Great room

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Wow! Amazing! Check out this completely remodeled home in a quiet community! This home offers a fresh start in a home thoughtfully updated for modern living. The single-story layout encompasses three comfortable bedrooms, providing adaptable spaces for rest or creative pursuits. The updated kitchen features new appliances, cabinets and LED lighting throughout. A full bathroom serves the home, designed for everyday convenience. Situated on a generous sized lot, this property offers ample outdoor space for gardening, entertaining, or simply enjoying the outdoors. Experience the ease of a completely renovated home designed for a comfortable lifestyle. Close to schools, shopping, restaurants, a

$129,900

3 beds1 bath980 sq ft

119 E School St, Anderson, IN 46012

Ample outdoor space • Generous sized lot • New appliances

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Welcome to 207 N 4th ST N in ELWOOD, IN, a charming single-family residence built in 1969, offering 1352 square feet of inviting living space. This ready-to-move-in home presents a wonderful opportunity for comfortable and convenient living. The ranch-style exterior is complemented by a welcoming porch, perfect for enjoying quiet mornings or peaceful evenings. Inside, discover three thoughtfully designed bedrooms, providing ample space for relaxation and personal retreats. A full bathroom serves the home, offering everyday convenience. This single-story layout ensures effortless navigation throughout the residence. With a generous lot size of 5280 square feet, there's plenty of outdoor spac

$145,000

3 beds1 bath1,352 sq ft

207 N 4th St N, Elwood, IN 46036

5,280 sq ft lot • Garage • Built 1969

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Discover the enduring charm and character of this home in Madison County. This inviting home sits at the end of a street, quietly surrounded by a nook of trees. Don't let that fool you- with the convenience of a location close to many necessary and recreational desires, this is a wonderful place to remain modern with a small-town feel. For those who can keep their eye on the prize and are ready for their next project, this one is for you.

$39,500

3 beds1 bath2,128 sq ft

8 Dixie Dr, Anderson, IN 46016

9,278 sq ft lot • Built 1920 • Listed 33 days

Property at 147 Carrick Glen Blvd, Pendleton, IN 46064, 4 beds, 2.5 baths

$385,000

4 beds2.5 baths2,570 sq ft

147 Carrick Glen Blvd, Pendleton, IN 46064

Property at 1019 N John St, Lapel, IN 46051, 3 beds, 1 bath

$205,000

3 beds1 bath1,156 sq ft

1019 N John St, Lapel, IN 46051

Property at 2163 E 1700 Rd N, Summitville, IN 46070, 3 beds, 1.5 baths

$214,900

3 beds1.5 baths1,626 sq ft

2163 E 1700 Rd N, Summitville, IN 46070

Property at 327 E 37th St, Anderson, IN 46013, 4 beds, 1 bath

$85,000

4 beds1 bath3,090 sq ft

327 E 37th St, Anderson, IN 46013

Property at 2705 S H St, Elwood, IN 46036, 3 beds, 2 baths

$64,900

3 beds2 baths1,784 sq ft

2705 S H St, Elwood, IN 46036

Property at 803 Park Rd, Anderson, IN 46011, 3 beds, 2.5 baths

$267,900

3 beds2.5 baths1,993 sq ft

803 Park Rd, Anderson, IN 46011

Property at 321 W 22nd St, Anderson, IN 46016, 3 beds, 3 baths

$49,900

3 beds3 baths3,350 sq ft

321 W 22nd St, Anderson, IN 46016

Property at 1920 Main St, Anderson, IN 46016, 2 beds, 1 bath

$54,900

2 beds1 bath794 sq ft

1920 Main St, Anderson, IN 46016

Property at 1202 N Madison Ave, Anderson, IN 46011, 3 beds, 2.5 baths

$405,000

3 beds2.5 baths3,289 sq ft

1202 N Madison Ave, Anderson, IN 46011

Property at 3436 W 8th Street Rd, Anderson, IN 46011, 2 beds, 1 bath

$375,000

2 beds1 bath1,435 sq ft

3436 W 8th Street Rd, Anderson, IN 46011

Property at 2202 Columbus Ave, Anderson, IN 46016, 3 beds, 1 bath

$68,000

3 beds1 bath1,214 sq ft

2202 Columbus Ave, Anderson, IN 46016

Property at 4413 Brenda Dr, Anderson, IN 46013, 3 beds, 1.5 baths

$125,000

3 beds1.5 baths1,128 sq ft

4413 Brenda Dr, Anderson, IN 46013

Property at 926 S A St, Elwood, IN 46036, 3 beds, 2 baths

$224,900

3 beds2 baths2,028 sq ft

926 S A St, Elwood, IN 46036

Property at 703 Race St, Frankton, IN 46044, 4 beds, 2 baths

$274,900

4 beds2 baths1,684 sq ft

703 Race St, Frankton, IN 46044

Property at 316 S Woodward St, Lapel, IN 46051, 4 beds, 3 baths

$299,900

4 beds3 baths2,592 sq ft

316 S Woodward St, Lapel, IN 46051

Property at 68 W 650 S, Pendleton, IN 46064, 2 beds, 2 baths

$269,900

2 beds2 baths1,525 sq ft

68 W 650 S, Pendleton, IN 46064

Property at 4297 W 100 S, Anderson, IN 46011, 3 beds, 2 baths

$299,900

3 beds2 baths2,903 sq ft

4297 W 100 S, Anderson, IN 46011

Property at 1413 N Fairview Ave, Alexandria, IN 46001, 3 beds, 2 baths

$324,900

3 beds2 baths1,691 sq ft

1413 N Fairview Ave, Alexandria, IN 46001

Property at 2608 E 7th St, Anderson, IN 46012, 2 beds, 1 bath

$70,000

2 beds1 bath720 sq ft

2608 E 7th St, Anderson, IN 46012

Property at 8398 Hulton Rd, Pendleton, IN 46064, 3 beds, 2 baths

$375,000

3 beds2 baths2,080 sq ft

8398 Hulton Rd, Pendleton, IN 46064

Property at 409 W 7th St, Anderson, IN 46016, 5 beds, 2.5 baths

$225,000

5 beds2.5 baths3,598 sq ft

409 W 7th St, Anderson, IN 46016

Property at 1522 Wilkie Ct, Elwood, IN 46036, 3 beds, 1 bath

$135,000

3 beds1 bath925 sq ft

1522 Wilkie Ct, Elwood, IN 46036

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

$145,000

3 beds2 baths2,316 sq ft

2519 Jackson St, Anderson, IN 46016

Property at 908 Walnut St, Anderson, IN 46012, 2 beds, 6 baths

$168,000

2 beds6 baths4,340 sq ft

908 Walnut St, Anderson, IN 46012

Property at 421 W 7th, Anderson, IN 46016, 5 beds, 2 baths

$133,000

5 beds2 baths2,300 sq ft

421 W 7th, Anderson, IN 46016

Property at 405 W 33rd St, Anderson, IN 46013, 2 beds, 1 bath

$127,500

2 beds1 bath852 sq ft

405 W 33rd St, Anderson, IN 46013

Property at 3007-3009 E Lynn St, Anderson, IN 46016, 3 beds, 6 baths

$134,900

3 beds6 baths3,968 sq ft

3007-3009 E Lynn St, Anderson, IN 46016

Property at 1922 Saint James Pl, Anderson, IN 46012, 2 beds, 2 baths

$200,000

2 beds2 baths1,228 sq ft

1922 Saint James Pl, Anderson, IN 46012

Property at 1230 Oakland Dr, Anderson, IN 46012, 3 beds, 1.5 baths

$184,900

3 beds1.5 baths1,092 sq ft

1230 Oakland Dr, Anderson, IN 46012

Property at 3610 Nichol Ave, Anderson, IN 46011, 3 beds, 1.5 baths

$309,900

3 beds1.5 baths2,824 sq ft

3610 Nichol Ave, Anderson, IN 46011

Property at 9781 W Walnut St, Lapel, IN 46051, 3 beds, 1.5 baths

$179,900

3 beds1.5 baths3,240 sq ft

9781 W Walnut St, Lapel, IN 46051

Property at 815 Delmar Rd, Anderson, IN 46013, 3 beds, 1.5 baths

$149,900

3 beds1.5 baths1,008 sq ft

815 Delmar Rd, Anderson, IN 46013

Property at 1907 Cold Springs Dr, Pendleton, IN 46064, 3 beds, 2.5 baths

$325,000

3 beds2.5 baths2,040 sq ft

1907 Cold Springs Dr, Pendleton, IN 46064

Property at 2015 Mckinley St, Anderson, IN 46016, 2 beds, 1 bath

$110,000

2 beds1 bath958 sq ft

2015 Mckinley St, Anderson, IN 46016

Property at 8394 S Shady Trail Dr, Pendleton, IN 46064, 3 beds, 2.5 baths

$284,000

3 beds2.5 baths2,089 sq ft

8394 S Shady Trail Dr, Pendleton, IN 46064

Property at 4349 Alhambra Dr, Anderson, IN 46013, 5 beds, 3.5 baths

$299,000

5 beds3.5 baths2,420 sq ft

4349 Alhambra Dr, Anderson, IN 46013

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Based on information submitted to the MLS GRID as of Thu Sep 17 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 638 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 58 days and receive 1 offers. This map is refreshed with the newest listings in Madison County every 15 minutes.

In the past month, 156 homes have been sold in Madison County. In addition to houses in Madison County, there were also 16 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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