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:
Welcome to this move in ready 4 bedroom, 2 bathroom home in Frankton! Sitting on approximately 0.52 acres across two parcels, this home offers a very functional layout with plenty of room to enjoy both inside and out. The spacious corner lot features an attached 2 car garage along with 3 storage sheds, two of which are wired with electricity, providing plenty of space for storage, hobbies, or projects. With a great combination of space, functionality, and move in ready condition, this home is ready for its next owner. Schedule your showing today!

$274,900

4 beds2 baths1,684 sq ft

703 Race St, Frankton, IN 46044

Attached garage • Move in ready • Corner lot

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

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

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
This 3-bedroom, 1-bath home offers comfortable living with updates completed in 2024. The property features a large carpenter's garage with a bonus room, offering plenty of space for a workshop, hobbies, storage, home office, or additional flexible space. Enjoy the privacy of the fenced backyard, perfect for relaxing, entertaining, or letting the kids and pets play. With its practical layout, recent updates, and impressive garage space, this home is a great opportunity for a homeowner looking for functionality and value.

$184,000

3 beds1 bath1,118 sq ft

210 S 27th St, Elwood, IN 46036

Bonus room • Carpenter's garage • Fenced backyard

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Welcome home to this charming 3-bedroom, 2-bath ranch situated on a spacious corner lot with a fenced backyard, offering both privacy and plenty of room to relax or entertain. Enjoy the extra space provided with the 3-car garage, and cozy up on the relaxing covered front porch. Inside, you'll find an inviting open layout featuring a beautifully updated kitchen with granite countertops and stainless steel appliances, making meal preparation both stylish and functional. The single-level floor plan provides comfortable living with generously sized bedrooms and two full bathrooms. Step outside to enjoy the expansive backyard and concrete patio, perfect for gatherings, pets, or simply unwinding

$289,900

3 beds2 baths1,484 sq ft

101 Canterbury Rd, Pendleton, IN 46064

Covered front porch • Updated kitchen • Granite countertops

Property at 5037 Timberwood Cirs, Anderson, IN 46012, 3 beds, 2.5 baths

$259,900

3 beds2.5 baths3,100 sq ft

5037 Timberwood Cirs, Anderson, IN 46012

Property at 663 Blackrock Dr, Pendleton, IN 46064, 4 beds, 2 baths

$360,000

4 beds2 baths1,815 sq ft

663 Blackrock Dr, Pendleton, IN 46064

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

$127,901

3 beds1 bath1,978 sq ft

1500 W 11th St, Anderson, IN 46016

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 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 1917 Cedar St, Anderson, IN 46016, 3 beds, 2 baths

$135,000

3 beds2 baths2,323 sq ft

1917 Cedar St, Anderson, IN 46016

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 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 1502 Cedar, Anderson, IN 46016, 2 beds, 1 bath

$65,000

2 beds1 bath1,667 sq ft

1502 Cedar, Anderson, IN 46016

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

$274,900

3 beds2 baths1,652 sq ft

2710 N B St, Elwood, IN 46036

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 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 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 1311 S J St S, Elwood, IN 46036, 4 beds, 1 bath

$90,000

4 beds1 bath1,716 sq ft

1311 S J St S, Elwood, IN 46036

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 1710 Bittersweet Dr, Anderson, IN 46011, 3 beds, 1.5 baths

$222,500

3 beds1.5 baths1,208 sq ft

1710 Bittersweet Dr, Anderson, IN 46011

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

$159,900

3 beds2 baths1,064 sq ft

1015 Chestnut St, Anderson, IN 46012

Property at 3437 Hamilton Pl, Anderson, IN 46013, 3 beds, 1 bath

$66,900

3 beds1 bath1,464 sq ft

3437 Hamilton Pl, Anderson, IN 46013

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 931 N 19th St, Elwood, IN 46036, 3 beds, 2 baths

$155,900

3 beds2 baths1,152 sq ft

931 N 19th St, Elwood, IN 46036

Property at 3710 Saint Charles St, Anderson, IN 46013, 2 beds, 1 bath

$112,000

2 beds1 bath800 sq ft

3710 Saint Charles St, Anderson, IN 46013

Property at 1321 S B St, Elwood, IN 46036, 4 beds, 2.5 baths

$89,900

4 beds2.5 baths2,490 sq ft

1321 S B St, Elwood, IN 46036

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 1685 Fair Weather Dr, Pendleton, IN 46064, 4 beds, 2.5 baths

$299,000

4 beds2.5 baths2,242 sq ft

1685 Fair Weather Dr, Pendleton, IN 46064

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

$165,000

3 beds1 bath1,012 sq ft

410 W Van Buren St, Alexandria, IN 46001

Property at 3087 S 380 E, Chesterfield, IN 46017, 4 beds, 2 baths

$350,000

4 beds2 baths1,590 sq ft

3087 S 380 E, Chesterfield, IN 46017

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

$229,900

3 beds1 bath1,148 sq ft

101 Cottonwood Dr, Anderson, IN 46012

Property at 814 Rustic Rd, Anderson, IN 46013, 3 beds, 1.5 baths

$238,900

3 beds1.5 baths1,294 sq ft

814 Rustic Rd, Anderson, IN 46013

Property at 2209 E Lynn St, Anderson, IN 46016, 3 beds, 1 bath

$54,900

3 beds1 bath1,893 sq ft

2209 E Lynn St, Anderson, IN 46016

Property at 10891 Rose Ln, Ingalls, IN 46048, 3 beds, 2.5 baths

$250,000

3 beds2.5 baths3,174 sq ft

10891 Rose Ln, Ingalls, IN 46048

Property at 1214 Stonebridge Dr, Anderson, IN 46013, 3 beds, 2 baths

$227,500

3 beds2 baths1,282 sq ft

1214 Stonebridge Dr, Anderson, IN 46013

Property at 7220 Honeysuckle Ct, Pendleton, IN 46064, 5 beds, 3 baths

$387,585

5 beds3 baths2,465 sq ft

7220 Honeysuckle Ct, Pendleton, IN 46064

Property at 1364 College Pkwy, Elwood, IN 46036, 3 beds, 2.5 baths

$349,900

3 beds2.5 baths2,604 sq ft

1364 College Pkwy, Elwood, IN 46036

Property at 1301 Morningside Dr, Anderson, IN 46011, 3 beds, 1 bath

$209,900

3 beds1 bath1,288 sq ft

1301 Morningside Dr, Anderson, IN 46011

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Based on information submitted to the MLS GRID as of Wed Sep 30 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 631 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 57 days and receive 1 offers. This map is refreshed with the newest listings in Madison County every 15 minutes.

In the past month, 157 homes have been sold in Madison County. In addition to houses in Madison County, there were also 17 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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