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:
This cozy home offers a functional layout designed for comfortable everyday living. The living room and kitchen create an inviting space where conversations flow as easily as the floor plan, making it perfect for entertaining guests or enjoying a relaxing night at home. Easy to maintain this home is an excellent opportunity for first-time buyers, downsizers, or anyone looking for a space that feels warm, welcoming, and ready to make their own.

$101,500

3 beds1 bath870 sq ft

1618 W 17th St, Anderson, IN 46016

5,900 sq ft lot • Built 1945 • Listed 39 days

NEW CONSTRUCTION

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Welcome to this beautiful, nearly new home in the desirable community of Pendleton! Your house shopping stops here. .. Built in 2025, this spacious residence offers 5 bedrooms, 3 full bathrooms, and 2,961 square feet of thoughtfully designed living space not including the finished two car garage. Unlike the standard model, this home features a full bathroom on the main level instead of a half bath, along with a versatile, enclosed flex room that can serve as a home office, den, guest room, or additional bedroom-in place of a formal dining area. Upgraded luxury vinyl plank flooring, plush carpeting, and soft-close cabinet hinges add comfort, durability, and convenience throughout the home. T

$444,900

5 beds3 baths2,961 sq ft

1620 Creek Bed Ln, Pendleton, IN 46064

Large center island • Stone countertops • Walk-in closet

FLOOR PLAN

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Welcome to 8099 Ambrosia LN in PENDLETON, IN, a captivating single-family residence built in 2021, offering 2150 square feet of meticulously maintained living space in great condition. This attractive property, with its traditional architectural style, presents an exceptional opportunity for an elevated lifestyle. The heart of this home is its well-appointed kitchen, featuring sleek stainless steel appliances and a functional island, perfect for culinary endeavors and casual gatherings. The bathrooms throughout the home are designed for comfort and ease, with select bathrooms offering a double vanity and a convenient walk-in shower. This property extends its appeal outdoors with a welcoming

$339,900

4 beds2.5 baths2,150 sq ft

8099 Ambrosia Ln, Pendleton, IN 46048

Double vanity • Functional island • Welcoming patio

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Rented for $1,099 a month. Welcome to this spacious two-story home offering 4 bedrooms and 1.5 bathrooms. The property features a detached 1 car garage, an additional 1 car carport, and ample outdoor space. Enjoy relaxing on the covered front porch or spending time outdoors in the large backyard, complete with a concrete pad that's perfect for entertaining, a fire pit, or future outdoor projects. Possible 13 package, please see additional documents for details.

$106,500

4 beds1.5 baths2,004 sq ft

1305 Nichol Ave, Anderson, IN 46016

Covered front porch • Large backyard • Carport

ABOUT THIS HOME
Cheap Home for sale in Madison County, IN:
Three-bedroom, 2.5-bath ranch offering 1,512 sq. ft. of well-designed living space on Anderson's desirable south side. Set on a generous 1/3-acre lot, this single-level home combines functional layout with comfortable everyday living and includes a large attached two-car garage. Inside, a spacious living room sits just off the foyer, creating a welcoming entry point. The adjacent dining area flows seamlessly into the kitchen, which features warm oak cabinetry, a convenient breakfast bar, and abundant natural light. The dining space easily accommodates a full-size table and opens through patio doors to a sizeable deck with pergola-overlooking a fully privacy-fenced backyard with plenty of ro

$265,000

3 beds2.5 baths1,512 sq ft

5807 Columbus Ave, Anderson, IN 46013

Dining area • Natural light • Breakfast bar

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 1171 W 1000 N, Alexandria, IN 46001, 2 beds, 1 bath

$290,000

2 beds1 bath1,621 sq ft

1171 W 1000 N, Alexandria, IN 46001

Property at 9856 Olympic Blvd, Pendleton, IN 46064, 3 beds, 2.5 baths

$377,000

3 beds2.5 baths2,078 sq ft

9856 Olympic Blvd, Pendleton, IN 46064

Property at 2314 Forkner St, Anderson, IN 46016, 2 beds, 1 bath

$119,900

2 beds1 bath1,534 sq ft

2314 Forkner St, Anderson, IN 46016

Property at 7185 Theo Baker Blvd, Pendleton, IN 46064, 5 beds, 2.5 baths

$396,900

5 beds2.5 baths2,600 sq ft

7185 Theo Baker Blvd, Pendleton, IN 46064

Property at 1031 Hendricks St, Anderson, IN 46016, 3 beds, 1 bath

$120,000

3 beds1 bath1,782 sq ft

1031 Hendricks St, Anderson, IN 46016

Property at 1830 Walnut St, Anderson, IN 46016, 3 beds, 1 bath

$64,900

3 beds1 bath1,725 sq ft

1830 Walnut St, Anderson, IN 46016

Property at 1411 Ohio Ave, Anderson, IN 46016, 3 beds, 2 baths

$39,900

3 beds2 baths1,305 sq ft

1411 Ohio Ave, Anderson, IN 46016

Property at 806 S 17th St, Elwood, IN 46036, 2 beds, 1 bath

$142,900

2 beds1 bath1,128 sq ft

806 S 17th St, Elwood, IN 46036

Property at 121 Cardinal Ln, Alexandria, IN 46001, 3 beds, 2.5 baths

$295,000

3 beds2.5 baths2,182 sq ft

121 Cardinal Ln, Alexandria, IN 46001

Property at 2417 Pearl St, Anderson, IN 46016, 6 beds, 4 baths

$195,000

6 beds4 baths2,900 sq ft

2417 Pearl St, Anderson, IN 46016

Property at 208 E 35th St, Anderson, IN 46013, 3 beds, 1 bath

$139,900

3 beds1 bath1,542 sq ft

208 E 35th St, Anderson, IN 46013

Property at 1811 Main St, Anderson, IN 46016, 4 beds, 1 bath

$117,500

4 beds1 bath1,505 sq ft

1811 Main St, Anderson, IN 46016

Property at 1820 S M St, Elwood, IN 46036, 3 beds, 1 bath

$124,900

3 beds1 bath960 sq ft

1820 S M St, Elwood, IN 46036

Property at 6583 Hemlock Ln, Pendleton, IN 46064, 4 beds, 2.5 baths

$324,999

4 beds2.5 baths1,598 sq ft

6583 Hemlock Ln, Pendleton, IN 46064

Property at 304 Andover Rd, Anderson, IN 46013, 1 bed, 1 bath

$75,000

1 bed1 bath496 sq ft

304 Andover Rd, Anderson, IN 46013

Property at 2011 Rosewood Ave, Anderson, IN 46011, 3 beds, 1 bath

$187,900

3 beds1 bath1,268 sq ft

2011 Rosewood Ave, Anderson, IN 46011

Property at 607 Ellenhurst Dr, Anderson, IN 46012, 2 beds, 1 bath

$109,900

2 beds1 bath760 sq ft

607 Ellenhurst Dr, Anderson, IN 46012

Property at 2436 Brown St, Anderson, IN 46016, 2 beds, 1 bath

$129,900

2 beds1 bath884 sq ft

2436 Brown St, Anderson, IN 46016

Property at 213 S 19th St, Elwood, IN 46036, 3 beds, 1 bath

$183,900

3 beds1 bath1,472 sq ft

213 S 19th St, Elwood, IN 46036

Property at 1609 N Canal St, Alexandria, IN 46001, 4 beds, 2 baths

$194,900

4 beds2 baths1,408 sq ft

1609 N Canal St, Alexandria, IN 46001

Property at 604 Hendricks St, Anderson, IN 46016, 5 beds, 3 baths

$170,000

5 beds3 baths2,006 sq ft

604 Hendricks St, Anderson, IN 46016

Property at 1924 S I St, Elwood, IN 46036, 3 beds, 2.5 baths

$232,500

3 beds2.5 baths1,702 sq ft

1924 S I St, Elwood, IN 46036

Property at 678 Blackrock Dr, Pendleton, IN 46064, 5 beds, 3 baths

$379,900

5 beds3 baths2,792 sq ft

678 Blackrock Dr, Pendleton, IN 46064

Property at 1309 Pearl St, Anderson, IN 46016, 3 beds, 3 baths

$109,997

3 beds3 baths3,956 sq ft

1309 Pearl St, Anderson, IN 46016

Property at 2509 Lincoln St, Anderson, IN 46016, 2 beds, 1 bath

$99,900

2 beds1 bath1,733 sq ft

2509 Lincoln St, Anderson, IN 46016

Property at 214 S 10th St, Elwood, IN 46036, 3 beds, 1 bath

$147,900

3 beds1 bath928 sq ft

214 S 10th St, Elwood, IN 46036

Property at 3006 Noble St, Anderson, IN 46016, 2 beds, 1 bath

$99,900

2 beds1 bath1,585 sq ft

3006 Noble St, Anderson, IN 46016

Property at 6594 Hemlock Ln, Pendleton, IN 46064, 4 beds, 2.5 baths

$354,999

4 beds2.5 baths2,119 sq ft

6594 Hemlock Ln, Pendleton, IN 46064

Property at 1504 W 11th St, Anderson, IN 46016, 3 beds, 1 bath

$139,997

3 beds1 bath2,397 sq ft

1504 W 11th St, Anderson, IN 46016

Property at 1008 Ranike Dr, Anderson, IN 46012, 3 beds, 1.5 baths

$220,000

3 beds1.5 baths1,522 sq ft

1008 Ranike Dr, Anderson, IN 46012

Property at 3427 Village Dr, Anderson, IN 46011, 2 beds, 2 baths

$230,000

2 beds2 baths1,336 sq ft

3427 Village Dr, Anderson, IN 46011

Property at 503 Tulip Tree Dr, Lapel, IN 46051, 4 beds, 2.5 baths

$380,000

4 beds2.5 baths2,242 sq ft

503 Tulip Tree Dr, Lapel, IN 46051

Property at 1520 E 42nd St, Anderson, IN 46013, 3 beds, 1.5 baths

$249,900

3 beds1.5 baths1,390 sq ft

1520 E 42nd St, Anderson, IN 46013

Property at 1408 W 13th St, Anderson, IN 46016, 3 beds, 1 bath

$139,900

3 beds1 bath1,813 sq ft

1408 W 13th St, Anderson, IN 46016

Property at 6531 Calligan Rd, Pendleton, IN 46064, 4 beds, 2.5 baths

$364,999

4 beds2.5 baths2,367 sq ft

6531 Calligan Rd, Pendleton, IN 46064

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Based on information submitted to the MLS GRID as of Fri Sep 18 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 634 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 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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