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:
Picture this: 1019 N John ST, LAPEL, IN, nestled in the heart of Madison County, where small-town charm meets move-in-ready bliss! This isn't just a house; it's an invitation to start your next chapter in an inviting home. The kitchen is the place where culinary dreams are not only possible, but practically encouraged; imagine whipping up your signature dish surrounded by the elegant touch of crown molding. With 1156 square feet of living area spread across a single story, and three bedrooms and one full bathroom, you have just the right amount of space to feel both cozy and free. The laundry room adds a touch of practicality, making daily chores a breeze. And let's not forget the expansive

$149,900

3 beds1 bath1,156 sq ft

1019 N John St, Lapel, IN 46051

Slice of history • Laundry room • Crown molding

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Welcome to a great Investment opportunity in the heart of Lapel! Featuring 3 beds, 1 bath with attached garage and a 25x25 Detached Garage with loft! Lots of opportunity here to make this home your own or as an investment. Home is in need of updates, repairs, Perfect for a fix & flip or long term hold. AS-IS CONDITION -CASH ONLY

$150,000

3 beds1 bath960 sq ft

223 W 11th St, Lapel, IN 46051

7,260 sq ft lot • 2 garage spots • Pool

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
WOW! This stunning 5-bedroom, 3-full-bath home in Pendleton truly has it all - space, style, and updates galore! Enjoy an open-concept layout perfect for entertaining, with a spacious great room flowing into a modern kitchen featuring granite countertops, stainless steel appliances, and a large center island. Step out back to your extended concrete patio and take in the peaceful pond view, surrounded by fresh landscaping and a brand-new Amerifence aluminum fence. Inside, you'll love the flexible main-floor layout with a guest bedroom and full bath, plus a den or home office. Upstairs offers even more room to spread out with a loft, 4 additional bedrooms, and a laundry room for convenience.

$400,000

5 beds3 baths2,736 sq ft

9203 Larson Dr, Pendleton, IN 46064

Pond view • Modern kitchen • Open-concept layout

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Experience the charm of this beautifully updated home in the sought-after Western Village neighborhood, perfectly situated near Lapel, Noblesville, and Indy's northeast corridor. Virtually staged photos bring this home to life, highlighting its potential and showcasing its style and possibilities. This versatile property features THREE BEDROOMS, with the flexibility for a FOURTH BEDROOM or OFFICE, and a spacious BONUS ROOM to suit your lifestyle needs. Recently refreshed inside and out, the home boasts brand-new carpeting, fresh paint, and refreshed landscaping that enhances its curb appeal. Step into the inviting FOYER, where vintage Mid-Century Modern slate tiles set a distinctive tone, s

$224,900

3 beds2.5 baths2,082 sq ft

3134 Meadowcrest Dr, Anderson, IN 46011

Updated home • 0.26 acre lot • 2 garage spots

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Tucked away on the quiet North side of Anderson, this charming 3-bedroom, 1-bath ranch sits on an impressive 2-acre lot surrounded by mature trees, offering the perfect blend of privacy and open space. Whether you're looking for room to grow, garden, play, or simply relax-this property has it all. Step inside to find a beautifully refreshed interior featuring brand-new carpet, luxury vinyl plank flooring, freshly painted cabinets, and a stylish butcher block countertop in the kitchen, paired with new stainless steel appliances. The bathroom has been updated with a modern vanity, and an additional "shop shower" in the garage adds convenience for projects or clean-up after working o

$269,000

3 beds1 bath1,402 sq ft

4765 E 200 N, Anderson, IN 46012

Refreshed interior • Modern vanity • 2 acre lot

Property at 1023 Pendle Hill Ave, Pendleton, IN 46064, 3 beds, 2 baths

$315,000

3 beds2 baths1,819 sq ft

1023 Pendle Hill Ave, Pendleton, IN 46064

Property at 5012 W 8th Street Rd, Anderson, IN 46011, 4 beds, 2 baths

$439,000

4 beds2 baths2,580 sq ft

5012 W 8th Street Rd, Anderson, IN 46011

Property at 712 E Maple St, Frankton, IN 46044, 3 beds, 2 baths

$284,754

3 beds2 baths1,728 sq ft

712 E Maple St, Frankton, IN 46044

Property at 1053 W 300 N, Anderson, IN 46011, 3 beds, 2.5 baths

$222,900

3 beds2.5 baths2,027 sq ft

1053 W 300 N, Anderson, IN 46011

Property at 1610 E 45th St, Anderson, IN 46013, 3 beds, 1 bath

$199,900

3 beds1 bath1,341 sq ft

1610 E 45th St, Anderson, IN 46013

Property at 1820 Whittier Ave, Anderson, IN 46011, 3 beds, 1 bath

$187,000

3 beds1 bath1,230 sq ft

1820 Whittier Ave, Anderson, IN 46011

Property at 3215 Alexandria Pike, Anderson, IN 46012, 3 beds, 1.5 baths

$259,900

3 beds1.5 baths1,440 sq ft

3215 Alexandria Pike, Anderson, IN 46012

Property at 336 Norris Dr, Anderson, IN 46013, 5 beds, 2.5 baths

$345,000

5 beds2.5 baths2,477 sq ft

336 Norris Dr, Anderson, IN 46013

Property at 401 S Fletcher St, Frankton, IN 46044, 5 beds, 2 baths

$249,900

5 beds2 baths1,928 sq ft

401 S Fletcher St, Frankton, IN 46044

Property at 810 Ernie Lu Ave, Anderson, IN 46013, 4 beds, 2 baths

$264,900

4 beds2 baths1,753 sq ft

810 Ernie Lu Ave, Anderson, IN 46013

Property at 1151 E 650 S, Markleville, IN 46056, 3 beds, 2.5 baths

$299,900

3 beds2.5 baths2,860 sq ft

1151 E 650 S, Markleville, IN 46056

Property at 3918 Columbus Ave, Anderson, IN 46013, 3 beds, 2 baths

$140,000

3 beds2 baths925 sq ft

3918 Columbus Ave, Anderson, IN 46013

Property at 291 Limerick Ln, Pendleton, IN 46064, 3 beds, 2 baths

$339,500

3 beds2 baths1,583 sq ft

291 Limerick Ln, Pendleton, IN 46064

Property at 5807 W 850 N, Frankton, IN 46044, 3 beds, 2 baths

$289,900

3 beds2 baths2,432 sq ft

5807 W 850 N, Frankton, IN 46044

Property at 2413 Silver St, Anderson, IN 46012, 3 beds, 1.5 baths

$138,500

3 beds1.5 baths1,008 sq ft

2413 Silver St, Anderson, IN 46012

Property at 321 S Washington St, Anderson, IN 46017, 2 beds, 1.5 baths

$144,900

2 beds1.5 baths877 sq ft

321 S Washington St, Anderson, IN 46017

Property at 8054 Ridge Lane Dr, Ingalls, IN 46064, 3 beds, 2.5 baths

$337,995

3 beds2.5 baths1,793 sq ft

8054 Ridge Lane Dr, Ingalls, IN 46064

Property at 1400 S Anderson St, Elwood, IN 46036, 2 beds, 4 baths

$140,000

2 beds4 baths3,414 sq ft

1400 S Anderson St, Elwood, IN 46036

Property at 8289 W County Road 600 N, Elwood, IN 46036, 4 beds, 2 baths

$430,000

4 beds2 baths2,072 sq ft

8289 W County Road 600 N, Elwood, IN 46036

Property at 509 N Lincoln Ave, Alexandria, IN 46001, 2 beds, 1 bath

$120,000

2 beds1 bath2,622 sq ft

509 N Lincoln Ave, Alexandria, IN 46001

Property at 532 Alexandria Pike, Anderson, IN 46012, 4 beds, 2 baths

$159,900

4 beds2 baths1,312 sq ft

532 Alexandria Pike, Anderson, IN 46012

Property at 1302 S E St, Elwood, IN 46036, 2 beds, 1 bath

$135,000

2 beds1 bath792 sq ft

1302 S E St, Elwood, IN 46036

Property at 4504 Winter Dr, Anderson, IN 46012, 3 beds, 2 baths

$259,500

3 beds2 baths1,737 sq ft

4504 Winter Dr, Anderson, IN 46012

Property at 300 Falls Park Dr, Pendleton, IN 46064, 2 beds, 1 bath

$269,900

2 beds1 bath1,168 sq ft

300 Falls Park Dr, Pendleton, IN 46064

Property at 1001 W 3rd St, Alexandria, IN 46001, 3 beds, 1 bath

$135,000

3 beds1 bath1,200 sq ft

1001 W 3rd St, Alexandria, IN 46001

Property at 2304 S D St, Elwood, IN 46036, 3 beds, 1 bath

$184,900

3 beds1 bath1,336 sq ft

2304 S D St, Elwood, IN 46036

Property at 2717 Apache Dr, Anderson, IN 46012, 3 beds, 1 bath

$119,900

3 beds1 bath1,542 sq ft

2717 Apache Dr, Anderson, IN 46012

Property at 320 W 12th St, Anderson, IN 46016, 5 beds, 2 baths

$249,900

5 beds2 baths3,559 sq ft

320 W 12th St, Anderson, IN 46016

Property at 311 W 8th St, Anderson, IN 46016, 4 beds, 3.5 baths

$229,000

4 beds3.5 baths4,016 sq ft

311 W 8th St, Anderson, IN 46016

Property at 425 E Jackson St, Alexandria, IN 46001, 3 beds, 2 baths

$182,500

3 beds2 baths2,421 sq ft

425 E Jackson St, Alexandria, IN 46001

Property at 8062 Ridge Line Dr, Pendleton, IN 46064, 3 beds, 2.5 baths

$334,995

3 beds2.5 baths1,706 sq ft

8062 Ridge Line Dr, Pendleton, IN 46064

Property at 14658 N 100 E, Summitville, IN 46070, 3 beds, 2 baths

$269,500

3 beds2 baths1,700 sq ft

14658 N 100 E, Summitville, IN 46070

Property at 8289 W 600 N, Elwood, IN 46036, 4 beds, 2 baths

$430,000

4 beds2 baths3,108 sq ft

8289 W 600 N, Elwood, IN 46036

Property at 2334 S B St, Elwood, IN 46036, 2 beds, 1 bath

$125,000

2 beds1 bath1,979 sq ft

2334 S B St, Elwood, IN 46036

Property at 1803 E 10th St, Anderson, IN 46012, 4 beds, 2 baths

$184,900

4 beds2 baths2,678 sq ft

1803 E 10th St, Anderson, IN 46012

Property at 1247 Flint Ct, Anderson, IN 46013, 3 beds, 2.5 baths

$239,900

3 beds2.5 baths2,328 sq ft

1247 Flint Ct, Anderson, IN 46013

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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 497 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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