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

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3D WALKTHROUGH

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Move-in ready 3-bedroom, 1-bath home offering 1,194 square feet of updated living space in a quiet neighborhood. The open-concept living and kitchen area creates a comfortable and inviting layout. The kitchen features updated cabinetry, quartz countertops, and a newer sink, while new flooring and lighting can be found throughout the home. The bathroom has also been updated with newer fixtures, vanity, and tub. Additional improvements include newer windows, siding, and gutters. Outside, enjoy a nice-sized yard along with an additional lot to the east, providing a total of approximately 0.18 acres.

$164,900

3 beds1 bath1,194 sq ft

2712 S A St, Elwood, IN 46036

New lighting • Quartz countertops • New flooring

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Discover a truly special single-family residence at 674 W 300 N, ANDERSON, IN. Constructed in 1955, this home offers 1855 square feet of thoughtfully designed living space. This property provides four comfortable bedrooms, offering flexible arrangements for family, guests, or dedicated work-from-home spaces. Set on a generous 16553 square foot lot, this single-story home provides ample outdoor space for recreation, gardening, or simply enjoying your large back yard. To truly appreciate the potential of this distinctive property, schedule your private viewing today.

$139,000

4 beds2 baths1,855 sq ft

674 W 300 N, Anderson, IN 46011

0.38 acre lot • 2 garage spots • Built 1955

3D WALKTHROUGH

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Welcome home to this 3-bedrooms, 1.5-bath home featuring a 1-car attached garage. Inside, you'll find a functional layout with comfortable living spaces designed for everyday living. Step outside to the covered patio-perfect for relaxing, entertaining, or enjoying your morning coffee.

$175,000

3 beds1.5 baths2,552 sq ft

4522 Columbus Ave, Anderson, IN 46013

Covered patio • 0.32 acre lot • Garage

FLOOR PLAN

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Discover the ideal blend of comfort and style at 1364 College Parkway, Elwood, IN. This 2002 single-family residence, spanning 2604 square feet in Willow Run, features a spacious open-concept living and dining area ideal for entertaining. The kitchen offers granite countertops and brand-new stainless-steel appliances for both style and convenience. The home includes three generously sized bedrooms, including a luxurious primary suite with a large sitting area-perfect for a private retreat, home office, or reading nook. With two full bathrooms and a half bath, and a large Loft area providing plenty of space for everyone. New flooring and fresh paint throughout add a clean, updated feel. Enjo

$349,900

3 beds2.5 baths2,604 sq ft

1364 College Pkwy, Elwood, IN 46036

Large loft area • Fresh paint • New flooring

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Welcome to Main street where you will find yourself conveniently located. Home is near a hospital, grocery stores, and close to downtown Anderson. Enjoy the large yard.

$139,900

4 beds1 bath2,148 sq ft

1916 Main St, Anderson, IN 46016

Near hospital • Large yard • Near grocery stores

Property at 122 Norris Dr, Anderson, IN 46013, 3 beds, 2 baths

$285,000

3 beds2 baths1,455 sq ft

122 Norris Dr, Anderson, IN 46013

Property at 1905 Woodview Ln, Anderson, IN 46011, 4 beds, 2.5 baths

$378,900

4 beds2.5 baths2,850 sq ft

1905 Woodview Ln, Anderson, IN 46011

Property at 1526 N B St, Elwood, IN 46036, 3 beds, 2 baths

$234,900

3 beds2 baths2,347 sq ft

1526 N B St, Elwood, IN 46036

Property at 2908 Central Ave, Anderson, IN 46016, 2 beds, 1 bath

$27,500

2 beds1 bath810 sq ft

2908 Central Ave, Anderson, IN 46016

Property at 1610 Central Ave, Anderson, IN 46016, 2 beds, 1 bath

$60,000

2 beds1 bath975 sq ft

1610 Central Ave, Anderson, IN 46016

Property at 1409 W 14th St, Anderson, IN 46016, 4 beds, 1.5 baths

$156,500

4 beds1.5 baths3,416 sq ft

1409 W 14th St, Anderson, IN 46016

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

$70,000

2 beds1 bath1,667 sq ft

1502 Cedar, Anderson, IN 46016

Property at 3419 Village Dr, Anderson, IN 46011, 2 beds, 2 baths

$219,000

2 beds2 baths1,267 sq ft

3419 Village Dr, Anderson, IN 46011

Property at 1202 E 8th, Anderson, IN 46012, 6 beds, 3608 baths

$179,000

6 beds3608 baths4,444,992 sq ft

1202 E 8th, Anderson, IN 46012

Property at 1324 W 1st St, Anderson, IN 46016, 4 beds, 1 bath

$69,000

4 beds1 bath2,344 sq ft

1324 W 1st St, Anderson, IN 46016

Property at 7210 Honeysuckle Ct, Pendleton, IN 46064, 4 beds, 3 baths

$354,995

4 beds3 baths2,170 sq ft

7210 Honeysuckle Ct, Pendleton, IN 46064

Property at 1016 E 29th St, Anderson, IN 46016, 3 beds, 1 bath

$89,900

3 beds1 bath1,008 sq ft

1016 E 29th St, Anderson, IN 46016

Property at 817 W 5th St, Anderson, IN 46016, 5 beds, 2 baths

$225,000

5 beds2 baths3,454 sq ft

817 W 5th St, Anderson, IN 46016

Property at 3611 E Lynn St, Anderson, IN 46013, 2 beds, 1 bath

$124,900

2 beds1 bath884 sq ft

3611 E Lynn St, Anderson, IN 46013

Property at 627 E 31st St, Anderson, IN 46016, 2 beds, 1 bath

$64,900

2 beds1 bath948 sq ft

627 E 31st St, Anderson, IN 46016

Property at 2607 E 8th St, Anderson, IN 46012, 3 beds, 1 bath

$119,900

3 beds1 bath986 sq ft

2607 E 8th St, Anderson, IN 46012

Property at 815 Stewart Rd, Anderson, IN 46012, 3 beds, 2 baths

$327,000

3 beds2 baths1,786 sq ft

815 Stewart Rd, Anderson, IN 46012

Property at 1545 Pebble Beach Dr, Pendleton, IN 46064, 3 beds, 2 baths

$330,995

3 beds2 baths1,687 sq ft

1545 Pebble Beach Dr, Pendleton, IN 46064

Property at 1615 Avenue East St, Elwood, IN 46036, 3 beds, 1.5 baths

$165,000

3 beds1.5 baths1,120 sq ft

1615 Avenue East St, Elwood, IN 46036

Property at 505 W 29th St, Anderson, IN 46016, 1 bed, 2 baths

$125,000

1 bed2 baths1,168 sq ft

505 W 29th St, Anderson, IN 46016

Property at 2317 Jackson St, Anderson, IN 46016, 4 beds, 1.5 baths

$117,500

4 beds1.5 baths2,951 sq ft

2317 Jackson St, Anderson, IN 46016

Property at 1515 Pearl St, Anderson, IN 46016, 3 beds, 2 baths

$161,000

3 beds2 baths1,346 sq ft

1515 Pearl St, Anderson, IN 46016

Property at 616 Ellenhurst Dr, Anderson, IN 46012, 1 bed, 1 bath

$30,000

1 bed1 bath520 sq ft

616 Ellenhurst Dr, Anderson, IN 46012

Property at 2403 Fletcher, Anderson, IN 46016, 3 beds, 3 baths

$114,900

3 beds3 baths1,900 sq ft

2403 Fletcher, Anderson, IN 46016

Property at 512 W Washington St, Alexandria, IN 46001, 3 beds, 2 baths

$244,900

3 beds2 baths2,360 sq ft

512 W Washington St, Alexandria, IN 46001

Property at 1225 S 25th St, Elwood, IN 46036, 7 beds, 3 baths

$133,900

7 beds3 baths3,664 sq ft

1225 S 25th St, Elwood, IN 46036

Property at 724 Lonsvale Dr, Anderson, IN 46013, 3 beds, 1.5 baths

$139,900

3 beds1.5 baths1,322 sq ft

724 Lonsvale Dr, Anderson, IN 46013

Property at 2618 E 8th St, Anderson, IN 46012, 2 beds, 1 bath

$99,900

2 beds1 bath776 sq ft

2618 E 8th St, Anderson, IN 46012

Property at 1618 W 17th St, Anderson, IN 46016, 3 beds, 1 bath

$101,500

3 beds1 bath870 sq ft

1618 W 17th St, Anderson, IN 46016

Property at 217 Ringwood Way, Anderson, IN 46013, 3 beds, 1 bath

$139,000

3 beds1 bath1,670 sq ft

217 Ringwood Way, Anderson, IN 46013

Property at 705 Lennox St, Anderson, IN 46012, 3 beds, 1 bath

$145,000

3 beds1 bath957 sq ft

705 Lennox St, Anderson, IN 46012

Property at 1909 W 27th, Anderson, IN 46016, 3 beds, 2 baths

$215,000

3 beds2 baths1,858 sq ft

1909 W 27th, Anderson, IN 46016

Property at 1305 Nichol Ave, Anderson, IN 46016, 4 beds, 1.5 baths

$106,500

4 beds1.5 baths2,004 sq ft

1305 Nichol Ave, Anderson, IN 46016

Property at 1338 Ohio Ave, Anderson, IN 46016, 4 beds, 5 baths

$394,900

4 beds5 baths2,162 sq ft

1338 Ohio Ave, Anderson, IN 46016

Property at 908 Washington Pkwy, Elwood, IN 46036, 2 beds, 1 bath

$43,900

2 beds1 bath684 sq ft

908 Washington Pkwy, Elwood, IN 46036

Property at 2029 Hendricks St, Anderson, IN 46016, 3 beds, 1 bath

$114,900

3 beds1 bath1,792 sq ft

2029 Hendricks St, Anderson, IN 46016

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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 637 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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