1046 Michigan Road, Madison, IN 47250
Jefferson_IN County
Key Facts
Description
Location, Privacy, and Convenience!!! This well-maintained and nicely updated 3-bedroom, 2-bathroom home offers an impressive location. Situated behind The Fairmount House of Madison and backing up to Fairmount Drive, the property provides excellent privacy while being conveniently located at the edge of the hilltop, and just two miles from historic downtown Madison. The home features genuine hardwood floors, an updated kitchen with granite countertops and SS appliances, updated bathrooms including an upgraded shower, and three spacious bedrooms. Additional highlights include an attached 2 car garage and a fenced backyard that opens to a field, providing great peaceful outdoor space. A recently updated HVAC system further enhances this exceptional property. Don't miss the opportunity to see this beautiful home for yourself! The current water line is attached to a neighboring property, and is in process of getting it separated out to have it's own water line.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
OneStory
Year Built
1950
Living Area
1,428 sq ft
Lot Size
0.32 acres
Garage Spaces
2
Zoning
Residential
Days on Market
63
MLS® Listing#
202608391
Property Features
Interior
Appliances
Cooling
Heating
Basement
Parking
Patio
Fencing
Construction
Foundation
Roof
Other Structures
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$3,444
Parcel Number
390835223010000007
Directions
From Michigan Rd, turn onto south driveway of the Fairmount House at 1050 Michigan Rd. House sits behind the big historic house. Sign in front yard.
Affordability Calculator
$43,980
Estimated monthly payment
$1,170/mo
Principal $175,920 · Est. interest $245,424 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Madison, IN
- $323,077
- Median Listing Price
- 66
- Median Days on Market
- 1,686
- Median Sq Ft
- $180
- Median Price / Sq Ft
- 90
- Active Listings
- This home’s price is 32% below the area median.
- Its price per sq ft is 14% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Madison, IN.
Location
Points of Interest in Madison, IN
Showing the Madison area map.
Nearby Schools
Lydia Middleton Elementary School
Elementary · 0.6 mi away
Shawe Memorial and Pope John XXIII Schools
School · 0.7 mi away
Shawe Memorial High School
Secondary · 0.7 mi away
Madison Juvenile Corr Fac
School · 0.7 mi away
Pope John XXIII Elementary School
Elementary · 0.8 mi away
E.O. Muncie Elementary School
Elementary · 1.4 mi away
Anderson Elementary School
Elementary · 1.6 mi away
Grace Baptist Church
School · 1.7 mi away
Madison High School
Secondary · 2.0 mi away
Madison Consolidated Schools
Elementary · 2.0 mi away
Faith Lutheran Church
Elementary · 2.5 mi away
Christian Academy of Madison
School · 2.7 mi away
Rykers' Ridge Elementary School
Elementary · 3.5 mi away
Milton Elementary School
Elementary · 4.1 mi away
Southwestern High School
Secondary · 5.3 mi away
Southwestern Jefferson County Schools
School · 5.3 mi away
Southwestern Elementary School
Elementary · 5.4 mi away
Bedford Elementary School
Elementary · 10.0 mi away
Trimble County High School
Secondary · 10.2 mi away
Carroll County Middle School
Secondary · 12.2 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1509 Crozier Avenue, Madison, IN | $155,000 | 2 | 1 | 672 |
| 1037 W Main Street, Madison, IN | $159,900 | 4 | 1 | 2,400 |
| 904 E Second Street, Madison, IN | $160,000 | 2 | 1 | 1,296 |
| 822 Green Road, Madison, IN | $175,000 | 5 | 2 | 2,500 |
| 716 walnut Street, Madison, IN | $184,000 | 2 | 1 | 1,120 |
| 230 Hendricks Street, Madison, IN | $189,500 | 3 | 1 | 1,261 |
Moving Cost Estimate
EXIT Agents in Madison
Listing Courtesy: Coldwell Banker Harrell & Asso - 812-265-3000
Last Updated: 2026-05-18