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

635 homes

Sort:

Recommended

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Discover your ideal sanctuary in Pendleton! Spanning 2,080 square feet of beautifully designed living space, this impressive 3-bedroom, 2.5-bathroom home seamlessly combines modern updates with everyday warmth and tranquility. Key Highlights include: Main-Level Elegance: Step inside to find gorgeous newer luxury vinyl plank flooring flowing throughout the main living areas. Heart of the Home: The inviting eat-in kitchen is tailored for both casual weeknight meals and effortless entertaining. Cozy Gatherings: Unwind in the spacious living area, complete with a cozy gas fireplace. Versatile Upper Loft: Complete with brand-new carpet, the expansive loft is ready to adapt to your lifestyle-idea

$284,000

3 beds2.5 baths2,089 sq ft

8394 S Shady Trail Dr, Pendleton, IN 46064

Cozy gas fireplace • Versatile upper loft • Eat in kitchen

FLOOR PLAN

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
This brick ranch home provides ample space for privacy and personalization, accommodating a variety of lifestyle needs. The screened in porch is awesome for most seasons. The property features 4 bedrooms, 2 on the main level, one currently opened up as a second living area. Two full bathrooms, ensuring comfort and convenience for all residents. Upstairs has 2 bedrooms one set up more as a loft space currently. Spanning two stories, this residence offers a distinct separation of living areas, enhancing both functionality and design potential. The generous lot size of 20925 square feet provides an expansive outdoor canvas for gardening, recreation, or future enhancements. Explore the potentia

$219,900

4 beds2 baths2,946 sq ft

1112 North Dr, Anderson, IN 46011

0.48 acre lot • Garage • Built 1930

FLOOR PLAN

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Through no fault of sellers- this house is back on the market! Imagine a life of comfort and style at 4349 Alhambra DR, ANDERSON, IN. This attractive 2420 square foot single-family residence, built in 1971, offers a great condition foundation for your next chapter. The heart of this home resides in its open-plan kitchen, which seamlessly connects with the family room and formal living room. Here, entertaining is effortless, with stainless steel appliances ready to assist in your culinary endeavors. This traditional two-story home features five bedrooms and three and one half bathrooms, providing ample space for both privacy and shared living. Outside, a built-in garage offers practical sto

$299,000

5 beds3.5 baths2,420 sq ft

4349 Alhambra Dr, Anderson, IN 46013

Open-plan kitchen • Built-in garage • Delightful patio

FLOOR PLAN

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Located in desirable Prairie Hollow and within the Pendleton Heights School District, this spacious 4-bedroom, 2.5-bath home offers plenty of room to spread out! The main level features two separate living areas. The large kitchen and dining area offer plenty of space for gatherings and lead to the cozy backyard with peaceful water views. A conveniently located laundry room and half bath complete the main level. Upstairs, you'll find an additional loft area perfect for a another living space, office, or play area, along with four generously sized bedrooms. The spacious primary suite provides a private retreat with its own full bathroom. With multiple living spaces, four bedrooms, and a grea

$269,900

4 beds2.5 baths2,564 sq ft

7517 Charlotte Dr, Ingalls, IN 46048

Full bathroom • Peaceful water views • Cozy backyard

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Beautifully renovated 4BR/2.5BA 2-story in Prairie Hollow with Pendleton Schools! Move-in ready w/ new LVP & carpet, fresh floor-to-ceiling paint, new interior doors/hardware & light fixtures throughout. Main lvl features Living Rm, Dining Rm, Office & Family Rm w/ WB fireplace. Updated Kitchen offers new countertops, cabinet hardware, plumbing fixtures & SS appliances, plus center island/breakfast bar, pantry & Breakfast Rm. Upstairs features a huge loft, Laundry Rm, 4 BRs & 2 completely renovated baths w/ new vanities, toilets, tubs/showers & fixtures. Primary Suite offers WIC & private bath. Additional updates include 2 new windows, replace

$297,900

4 beds2.5 baths3,043 sq ft

10927 Mansfield Way, Ingalls, IN 46048

Renovated • New carpet • New lvp

Property at 421 W Pendleton Ave, Lapel, IN 46051, 3 beds, 1 bath

$185,000

3 beds1 bath2,016 sq ft

421 W Pendleton Ave, Lapel, IN 46051

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 2227 Tartan Rd, Anderson, IN 46012, 2 beds, 2 baths

$260,000

2 beds2 baths1,413 sq ft

2227 Tartan Rd, Anderson, IN 46012

Property at 816 E Sigler St, Frankton, IN 46044, 2 beds, 1 bath

$158,500

2 beds1 bath1,328 sq ft

816 E Sigler St, Frankton, IN 46044

Property at 2008 N D St, Elwood, IN 46036, 3 beds, 2 baths

$175,000

3 beds2 baths1,493 sq ft

2008 N D St, Elwood, IN 46036

Property at 2498 E 100 N, Anderson, IN 46012, 3 beds, 2 baths

$259,900

3 beds2 baths1,774 sq ft

2498 E 100 N, Anderson, IN 46012

Property at 2217 Melody Ln, Anderson, IN 46012, 3 beds, 2 baths

$219,900

3 beds2 baths2,621 sq ft

2217 Melody Ln, Anderson, IN 46012

Property at 303 W 2nd St, Anderson, IN 46016, 4 beds, 2 baths

$116,500

4 beds2 baths1,899 sq ft

303 W 2nd St, Anderson, IN 46016

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 210 S 27th St, Elwood, IN 46036, 3 beds, 1 bath

$185,000

3 beds1 bath1,118 sq ft

210 S 27th St, Elwood, IN 46036

Property at 805 S 17th St, Elwood, IN 46036, 3 beds, 3 baths

$174,900

3 beds3 baths1,968 sq ft

805 S 17th St, Elwood, IN 46036

Property at 101 Cottonwood Dr, Anderson, IN 46012, 3 beds, 1 bath

$237,900

3 beds1 bath1,148 sq ft

101 Cottonwood Dr, Anderson, IN 46012

Property at 1105 Randolph Ave, Alexandria, IN 46001, 2 beds, 1 bath

$65,000

2 beds1 bath944 sq ft

1105 Randolph Ave, Alexandria, IN 46001

Property at 17 W Oak St, Alexandria, IN 46001, 3 beds, 1 bath

$79,900

3 beds1 bath1,630 sq ft

17 W Oak St, Alexandria, IN 46001

Property at 258 Ambrose Ln, Pendleton, IN 46064, 3 beds, 2 baths

$312,995

3 beds2 baths1,613 sq ft

258 Ambrose Ln, Pendleton, IN 46064

Property at 2210 Sherman, Anderson, IN 46016, 2 beds, 1 bath

$44,900

2 beds1 bath1,802 sq ft

2210 Sherman, Anderson, IN 46016

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

Property at 1303 S F St, Elwood, IN 46036, 6 beds, 2 baths

$99,900

6 beds2 baths2,624 sq ft

1303 S F St, Elwood, IN 46036

Property at 409 W 8th St, Lapel, IN 46051, 2 beds, 1 bath

$179,900

2 beds1 bath910 sq ft

409 W 8th St, Lapel, IN 46051

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

$141,900

3 beds1 bath1,898 sq ft

105 E Vinyard, Anderson, IN 46012

Property at 3075 Oakmont Dr, Lapel, IN 46051, 3 beds, 2 baths

$314,900

3 beds2 baths1,534 sq ft

3075 Oakmont Dr, Lapel, IN 46051

Property at 1500 W 11th St, Anderson, IN 46016, 3 beds, 1 bath

$127,900

3 beds1 bath1,978 sq ft

1500 W 11th St, Anderson, IN 46016

Property at 4412 Alhambra Dr, Anderson, IN 46013, 5 beds, 2.5 baths

$280,000

5 beds2.5 baths2,409 sq ft

4412 Alhambra Dr, Anderson, IN 46013

Property at 822 W 11th St, Anderson, IN 46016, 4 beds, 2 baths

$159,900

4 beds2 baths2,161 sq ft

822 W 11th St, Anderson, IN 46016

Property at 101 Canterbury Rd, Pendleton, IN 46064, 3 beds, 2 baths

$289,900

3 beds2 baths1,484 sq ft

101 Canterbury Rd, Pendleton, IN 46064

Property at 925 W 7th St, Anderson, IN 46016, 4 beds, 1.5 baths

$140,000

4 beds1.5 baths2,883 sq ft

925 W 7th St, Anderson, IN 46016

Property at 810 College, Anderson, IN 46012, 4 beds, 2 baths

$142,500

4 beds2 baths2,955 sq ft

810 College, 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 6733 S Cross St, Pendleton, IN 46064, 4 beds, 1.5 baths

$199,000

4 beds1.5 baths1,539 sq ft

6733 S Cross St, Pendleton, IN 46064

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 3729 Burton Pl, Anderson, IN 46013, 2 beds, 1 bath

$119,000

2 beds1 bath800 sq ft

3729 Burton Pl, Anderson, IN 46013

Property at 410 W Van Buren St, Alexandria, IN 46001, 3 beds, 1 bath

$179,000

3 beds1 bath1,012 sq ft

410 W Van Buren St, Alexandria, IN 46001

Property at 815 Main St, Elwood, IN 46036, 4 beds, 1 bath

$74,900

4 beds1 bath1,928 sq ft

815 Main St, Elwood, IN 46036

Property at 1403 Cottonwood Dr, Anderson, IN 46012, 3 beds, 2 baths

$234,900

3 beds2 baths1,632 sq ft

1403 Cottonwood Dr, Anderson, IN 46012

Property at 4212 Columbus Ave, Anderson, IN 46013, 2 beds, 1 bath

$125,000

2 beds1 bath2,317 sq ft

4212 Columbus Ave, Anderson, IN 46013

Property at 12131 N State Road 9, Alexandria, IN 46001, 4 beds, 1.5 baths

$335,000

4 beds1.5 baths3,110 sq ft

12131 N State Road 9, Alexandria, IN 46001

Viewing page 5 of 16

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 635 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.

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

3 Redfin agents serving Madison County

127

Deals*

4.7

Satisfaction

480

Homes closed*

* Data from the last year

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

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.