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Residential Land with Home for Sale in Madison, Indiana

1127 Walnut St, Madison, IN 47250

$229,000
0.12 acres
Active
$66k drop
Est $1,275/mo

Incredible Opportunity in the Heart of Historic Madison, Indiana! This unique property offers this home situated on a scenic lot in the beautiful Southern Indiana landscape. Located just moments from the scenic Ohio River, this property captures the charm and outdoor lifestyle Madison is known for. Enjoy the peaceful sound of a creek running along the back of the land, the sitings of the wildlife such as foxes, cardinals, hummingbirds, and even deer! Whether you are envisioning a bed and breakfast, family compound, short-term or long-term rental investment, the POSSIBILITIES ARE ENDLESS. You even have the opportunity to grow a number of things do the rich soil on the property. The Heritage Trail, ideal for walking, running, or biking, begins just down the street, adding a unique lifestyle benefit for future guests or residents. This sale includes four parcels all joined into one rare offering. With the rich history of Madison, a vibrant downtown, and riverfront charm just minutes away, this property offers high desirability. The home at 1131 Walnut street is also available for purchase. Schedule your own private showing today to see what this property has to offer!

1,623
Sq feet
2
Beds
1
Full bath
1900
Built

Location

Street address
1127 Walnut St
School district
Madison Cons.
Elevation
531 feet
Coordinates
38.7468, -85.3766

Directions

From Main st take Jefferson st and left on Walnut st.

Property details

Lot size
0.12 acres5,227 sq ft
Zoning
Residential
MLS #
SIREA 202508962
Posted

Property taxes

Recent
$1,830

Parcels

  • 0110272700

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

View
Park

Structure

Heating
Fireplace(s), Forced Air
Cooling
Central Air, Multi Units

Interior

Room Count
3
Rooms
Bathroom, Bedroom x 2, Family Room
Appliances
Dishwasher, Microwave, Range, Refrigerator, Washer
Features
1 st Floor Main, Family Room

Listing history

DateEventPriceChangeSource
Dec 5, 2025Price drop$229,000$66,000 -22.4%SIREA
Aug 18, 2025Price drop$295,000$9,000 -3%SIREA
Aug 14, 2025Price drop$304,000$10,000 -3.2%SIREA
July 15, 2025Price drop$314,000$135,000 -30.1%SIREA
July 1, 2025New listing$449,000SIREA
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This 0.12-acre property is located at 1127 Walnut St in Madison, IN 47250. The property is available for sale for $229,000. It has a 1,623 sq ft 2 bedroom, 1 bath house built in 1900.

Checked 1 hour ago — Updated

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