Land with Home for Sale in Madison, Indiana
10540 N US 421, Madison, IN 47250
2BR/1BA farmhouse situated on 5.93+/- acres just 15 minutes north of downtown Madison. This 1900-built home offers approximately 1,312+/- square feet and presents an excellent opportunity for investors or buyers looking for a renovation project. The home features a large covered front porch, enclosed screened-in back porch with attached covered deck, and an additional covered side deck with ramp access. Interior is in need of structural and cosmetic updates. Property improvements include a detached 1-car garage with attached shed and enclosed lean-to, additional storage shed, and chicken coop. The acreage offers a mix of open space and mature shade trees, along with a privacy fence along one boundary. Ideal for investors, flippers, or buyers seeking a rural property with acreage and potential. Selling at online auction ending 5-14-26 @ 6 PM. Please see ONLINE AUCTION PROPERTY PACKET for full details.
Location
- Street address
- 10540 N US 421
- County
- Jefferson County
- Elevation
- 888 feet
Directions
From IN-62 & Michigan Rd intersection, NORTH on Michigan Rd to US 421 intersection, then left (North) onto US 421. Go approx 6.5 miles to homesite on right.
Property details
- Acreage
- 5.93 acres
- Zoning
- Residential, Agri/ Residen
- MLS #
- SIREA 202607052
- Posted
Parcels
- 390311000010000010
Legal description
002-00027-00 SE NE 11-5-10 5.930A 2-3-8 10540 N US 421
Details and features
Listing
- Type
- Residential
Exterior
- Pool
- Deck, Porch
- Features
- Covered Porch, Enclosed Porch, Ramp, Screened Porch
Structure
- Stories
- 1
- Water
- Public
- Heating
- Forced Air
- Cooling
- Central Air
- Roof
- Shingle
Interior
- Rooms
- Basement, Bathroom, Bedroom x 2
- Appliances
- Clothes Dryer, Clothes Washer, Freezer, Range / Oven, Refrigerator
- Accessibility
- Accessible Approach With Ramp
- Features
- 1 st Floor Main, 1 st Floor Utility, Access. Features
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Apr 17, 2026 | New listing | $— | — | SIREA |
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