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:
Investment opportunity in Anderson! This two-story triplex offers potential for an investor looking to renovate and add value. The property features multiple living units and is conveniently located near medical facilities, shopping, dining, schools, and other local amenities. A great opportunity to bring your vision to this property and unlock its potential.

$49,900

3 beds3 baths3,350 sq ft

321 W 22nd St, Anderson, IN 46016

Two-story triplex • 8,400 sq ft lot • Built 1915

FLOOR PLAN

$205,000

3 beds1 bath1,156 sq ft

1019 N John St, Lapel, IN 46051

8,184 sq ft lot • Garage • Built 1890

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Gorgeous mid-century modern home in Edgewood on Park Rd!! Fully updated interior, new roof, new AC, granite countertops, stunning bathroom finishes & much more! This home has 3 bedrooms, 2 full bathrooms, an oversized 2 car garage & a fully enclosed screened in porch.

$267,900

3 beds2.5 baths1,993 sq ft

803 Park Rd, Anderson, IN 46011

Updated interior • Granite countertops • New ac

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Step right up to 1202 N Madison Ave on the golf course in Anderson! This delightful single-family residence, built in 1937, offers a generous 2592 square feet of living space and is in great condition with its hardwood floors, updated kitchen and an amazing view of hole # 4 at the Anderson Country Club Golf Course. The kitchen has a functional layout with stainless steel appliances and a large pantry. This home has naturally hidden storage, which is hard to find for a home of this age. Beyond the main living spaces, you'll find an attached garage and a patio on this sprawling 28,488 square foot lot. Perhaps you'll be lucky enough to be visited by some deer on their morning stroll. You have

$405,000

3 beds2.5 baths3,289 sq ft

1202 N Madison Ave, Anderson, IN 46011

Attached garage • 28 • Updated kitchen

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
This nice home is situated on over two acres with beautiful mature trees in a private setting. There isxa large kitchen andcdining area and a large livingvarea, as well as a dun room overlooking the back yard. The garage space and outbuildings are fantastic! The large pole building type garage has room for vehicles, equipment, and plenty of workshop space. There is a second storage barn large enough to house 4 additional vehicles. This home offers a lot to enjoy! Don't miss it!

$214,900

3 beds1.5 baths1,626 sq ft

2163 E 1700 Rd N, Summitville, IN 46070

2.18 acre lot • 4 garage spots • Built 1890

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 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 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 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 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 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 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 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 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 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 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 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 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 9444 W Constellation Dr, Pendleton, IN 46064, 3 beds, 2.5 baths

$239,900

3 beds2.5 baths1,508 sq ft

9444 W Constellation Dr, Pendleton, IN 46064

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 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 726 E School St, Anderson, IN 46012, 3 beds, 1 bath

$199,000

3 beds1 bath1,684 sq ft

726 E School St, Anderson, IN 46012

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 10927 Mansfield Way, Ingalls, IN 46048, 4 beds, 2.5 baths

$297,900

4 beds2.5 baths3,043 sq ft

10927 Mansfield Way, Ingalls, IN 46048

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 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 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 1015 Chestnut St, Anderson, IN 46012, 3 beds, 2 baths

$164,900

3 beds2 baths1,064 sq ft

1015 Chestnut St, Anderson, IN 46012

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 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 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 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 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 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

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 2710 N B St, Elwood, IN 46036, 3 beds, 2 baths

$299,900

3 beds2 baths1,652 sq ft

2710 N B St, Elwood, IN 46036

Property at 1112 North Dr, Anderson, IN 46011, 4 beds, 2 baths

$219,900

4 beds2 baths2,946 sq ft

1112 North Dr, Anderson, IN 46011

Property at 7517 Charlotte Dr, Ingalls, IN 46048, 4 beds, 2.5 baths

$269,900

4 beds2.5 baths2,564 sq ft

7517 Charlotte Dr, Ingalls, IN 46048

Property at 105 E Vinyard, Anderson, IN 46012, 3 beds, 1 bath

$143,900

3 beds1 bath1,898 sq ft

105 E Vinyard, Anderson, IN 46012

Property at 2020 S Winding Way, Anderson, IN 46011, 3 beds, 1.5 baths

$230,000

3 beds1.5 baths1,777 sq ft

2020 S Winding Way, Anderson, IN 46011

Property at 631 High St, Anderson, IN 46012, 7 beds, 3 baths

$225,000

7 beds3 baths2,916 sq ft

631 High St, Anderson, IN 46012

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Based on information submitted to the MLS GRID as of Wed Sep 16 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 655 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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