Cheap homes for sale & real estate in 47250, IN

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ABOUT THIS HOME
Cheap Home for sale in 47250, IN:
Buyers, Investors or Renovators Bring your vision to this fixer-upper opportunity offering peaceful rural living while remaining a short distance from Madison’s hilltop and all the connivence of shopping and dining or dive down the hill to enjoy Madison’s historic downtown Main Street. This home has character and plenty of potential. Inside, you'll find built-in bookshelves, a bonus room with a fireplace/wood-stove insert, and the opportunity to open the space up and create one large living area that flows into the family room. Hardwood floors are believed to be underneath the carpet in the bedrooms, offering another opportunity to restore and enhance the home’s original c

$148,000

3 beds1 bath1,200 sq ft

5184 N Us 421, Madison, IN 47250

Spacious yard • Bonus room • Built-in bookshelves

NEW 23 HRS AGOFLOOR PLAN

ABOUT THIS HOME
Cheap Home for sale in 47250, IN:
Enjoy country living just minutes from Madison’s hilltop! This 1,680 sq. ft. ranch home sits on approximately 6 acres in a beautiful, park-like setting and is in excellent condition. Featuring 3 bedrooms, 2 bathrooms, a spacious primary suite with private bath and walk-in closet, and a well-appointed kitchen with island, breakfast bar, and large pantry. Additional highlights include a large laundry room with utility sink and cabinetry, a covered front porch, deck, and pole barn. A wonderful combination of space, comfort, and privacy!

$319,900

3 beds2 baths1,680 sq ft

3211 E Geyman Hill Rd, Madison, IN 47250

Private bath • Walk-in closet • Large laundry room

ABOUT THIS HOME
Cheap Home for sale in 47250, IN:
Move-in ready and built for low-maintenance living! This 3-bed, 1-bath home features over 1,000 finished square feet, a functional floor plan, and major system upgrades—complete with a brand-new HVAC system and new water heater for peace of mind. Located on a quiet lot in Madison, this property offers incredible value. Don't wait—schedule a showing today!

$189,900

3 beds1.5 baths1,008 sq ft

3335 N Quail Dr, Madison, IN 47250

0.23 acre lot • Garage • Built 2004

ABOUT THIS HOME
Cheap Home for sale in 47250, IN:
This beautiful Bedford Stone house has 3 bedrooms and 1 bathroom. There is a large backyard with tremendous potential. The home offers original hardwood flooring. There is a nice deck off of the backside of the home. The home has an open concept layout, with a kitchen island included. The property is located within the neighborhood adjacent to Madison Junior/Senior high schools. This central hilltop location is a perfect fit for a classic home such as this one. Make it yours!

$239,000

3 beds1 bath1,056 sq ft

2315 Allen St, Madison, IN 47250

Large backyard • Kitchen island • Open concept layout

ABOUT THIS HOME
Cheap Home for sale in 47250, IN:
Welcome to this beautifully maintained 3-bedroom, 1½-bath home situated on a desirable corner lot in Madison’s hilltop area, just two blocks from the junior high and high schools. Thoughtfully updated and cared for, the home offers an inviting open-concept layout with fresh paint, recessed lighting, ceiling fans, and a mix of refinished hardwood, carpet, and tile flooring. The spacious primary bedroom features a walk-in closet with built-in organizers, while the remodeled full bath and convenient half bath add comfort and functionality. The kitchen flows easily into the living and dining areas and includes the refrigerator, range, and dishwasher. A fireplace offers the option f

$269,900

2 beds2 baths1,352 sq ft

709 Montclair St, Madison, IN 47250

Large deck • Walk-in closet • Corner lot

Property at 208 Wildwood Dr, Madison, IN 47250, 3 beds, 2 baths

$324,900

3 beds2 baths1,594 sq ft

208 Wildwood Dr, Madison, IN 47250

Property at 1306 W Second St, Madison, IN 47250, 2 beds, 2 baths

$349,900

2 beds2 baths1,454 sq ft

1306 W Second St, Madison, IN 47250

Property at 1648 E Wehner Dr, Madison, IN 47250, 3 beds, 1 bath

$209,900

3 beds1 bath910 sq ft

1648 E Wehner Dr, Madison, IN 47250

Property at 2075 Seavers Rd, Madison, IN 47250, 3 beds, 2 baths

$434,500

3 beds2 baths2,480 sq ft

2075 Seavers Rd, Madison, IN 47250

EXP Realty LLC

Property at 221 Miles Ridge Rd, Madison, IN 47250, 3 beds, 2.5 baths

$369,900

3 beds2.5 baths2,260 sq ft

221 Miles Ridge Rd, Madison, IN 47250

Property at 738 Michigan Rd, Madison, IN 47250, 3 beds, 2 baths

$299,900

3 beds2 baths2,080 sq ft

738 Michigan Rd, Madison, IN 47250

Property at 235 E Schafer Ln, Madison, IN 47250, 4 beds, 2 baths

$290,000

4 beds2 baths2,074 sq ft

235 E Schafer Ln, Madison, IN 47250

Property at 2020 Galway Trl S, Madison, IN 47250, 3 beds, 2 baths

$365,000

3 beds2 baths1,702 sq ft

2020 Galway Trl S, Madison, IN 47250

Property at 3343 E Sr 56, Madison, IN 47250, 2 beds, 1 bath

$159,900

2 beds1 bath880 sq ft

3343 E Sr 56, Madison, IN 47250

Property at 613 Walnut St, Madison, IN 47250, 4 beds, 3.5 baths

$325,000

4 beds3.5 baths2,024 sq ft

613 Walnut St, Madison, IN 47250

Property at 2542 Franks Dr, Madison, IN 47250, 3 beds, 2 baths

$234,900

3 beds2 baths1,472 sq ft

2542 Franks Dr, Madison, IN 47250

Property at 520 Seventh St, Madison, IN 47250, 4 beds, 2 baths

$229,900

4 beds2 baths1,632 sq ft

520 Seventh St, Madison, IN 47250

Property at 520 Mulberry St, Madison, IN 47250, 3 beds, 3.5 baths

$349,900

3 beds3.5 baths2,054 sq ft

520 Mulberry St, Madison, IN 47250

Property at 239 Sunrise Dr, Madison, IN 47250, 3 beds, 2.5 baths

$410,000

3 beds2.5 baths2,580 sq ft

239 Sunrise Dr, Madison, IN 47250

Property at 723 W Third St, Madison, IN 47250, 3 beds, 2 baths

$269,000

3 beds2 baths1,350 sq ft

723 W Third St, Madison, IN 47250

Property at 532 Miles Ridge Rd, Madison, IN 47250, 3 beds, 2.5 baths

$349,900

3 beds2.5 baths1,784 sq ft

532 Miles Ridge Rd, Madison, IN 47250

Property at 1924 Locust St, Madison, IN 47250, 3 beds, 1 bath

$129,900

3 beds1 bath1,040 sq ft

1924 Locust St, Madison, IN 47250

EXP Realty LLC

Property at 725 W Third St, Madison, IN 47250, 3 beds, 2 baths

$269,000

3 beds2 baths1,350 sq ft

725 W Third St, Madison, IN 47250

Property at 152 E Cr 350 N, Madison, IN 47250, 4 beds, 2 baths

$274,900

4 beds2 baths1,478 sq ft

152 E Cr 350 N, Madison, IN 47250

Property at 5616 W Sr 256, Madison, IN 47250, 3 beds, 2 baths

$398,900

3 beds2 baths1,432 sq ft

5616 W Sr 256, Madison, IN 47250

Property at 1969 Wolf Trails Dr, Madison, IN 47250, 3 beds, 2 baths

$229,900

3 beds2 baths1,760 sq ft

1969 Wolf Trails Dr, Madison, IN 47250

Property at 1667 E Wehner Dr, Madison, IN 47250, 3 beds, 1 bath

$189,900

3 beds1 bath1,101 sq ft

1667 E Wehner Dr, Madison, IN 47250

Property at 132 Mouser St, Madison, IN 47250, 3 beds, 2 baths

$265,000

3 beds2 baths1,428 sq ft

132 Mouser St, Madison, IN 47250

Property at 410 Mouser St, Madison, IN 47250, 3 beds, 1.5 baths

$249,900

3 beds1.5 baths1,242 sq ft

410 Mouser St, Madison, IN 47250

EXP Realty LLC

Property at 513 E Main St, Madison, IN 47250, 3 beds, 2 baths

$369,900

3 beds2 baths1,394 sq ft

513 E Main St, Madison, IN 47250

Property at 3115 N SR 7, Madison, IN 47250, 3 beds, 1.5 baths

$289,900

3 beds1.5 baths1,374 sq ft

3115 N SR 7, Madison, IN 47250

EXP Realty LLC

Property at 411 W State St, Madison, IN 47250, 3 beds, 1 bath

$189,900

3 beds1 bath1,348 sq ft

411 W State St, Madison, IN 47250

Property at 1020 W 2nd St, Madison, IN 47250, 4 beds, 2 baths

$319,000

4 beds2 baths1,858 sq ft

1020 W 2nd St, Madison, IN 47250

Property at 309 Laurel Ln, Madison, IN 47250, 3 beds, 2.5 baths

$309,000

3 beds2.5 baths2,024 sq ft

309 Laurel Ln, Madison, IN 47250

Property at 413 Bellaire Dr, Madison, IN 47250, 3 beds, 1.5 baths

$209,900

3 beds1.5 baths1,372 sq ft

413 Bellaire Dr, Madison, IN 47250

Property at 2510 Franks Dr, Madison, IN 47250, 2 beds, 1 bath

$170,000

2 beds1 bath864 sq ft

2510 Franks Dr, Madison, IN 47250

Property at 770 Presbyterian Ave, Madison, IN 47250, 2 beds, 2 baths

$99,500

2 beds2 baths— sq ft

770 Presbyterian Ave, Madison, IN 47250

Property at 1105 W Dawson Smith Rd, Madison, IN 47250

$285,000

Studio— baths— sq ft

1105 W Dawson Smith Rd, Madison, IN 47250

Property at 2241 Seneca Dr, Madison, IN 47250, 3 beds, 1.5 baths

$219,999

3 beds1.5 baths1,464 sq ft

2241 Seneca Dr, Madison, IN 47250

Property at 515 N Hereford Ln, Madison, IN 47250, 4 beds, 2 baths

$339,900

4 beds2 baths2,112 sq ft

515 N Hereford Ln, Madison, IN 47250

Property at 1344 Lockard St, Madison, IN 47250, 3 beds, 2 baths

$319,900

3 beds2 baths1,649 sq ft

1344 Lockard St, Madison, IN 47250

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Based on information submitted to the MLS GRID as of Sun Oct 04 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 47250

There are currently 89 cheap homes for sale in 47250 at a median listing price of $300K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 47250 stay on the market for 84 days. This map is refreshed with the newest listings in 47250 every 15 minutes.

In the past month, 22 homes have been sold in 47250. In addition to houses in 47250, there were also 2 condos, 1 townhouse, and 1 multi-family unit for sale in 47250 last month. Find your dream home in 47250 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 47250 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 47250. If you're looking to sell your home in the 47250 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 47250 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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