Skip to main contentSkip to navigation
1 / 16

Land with Home for Sale in Madison, Indiana

4515 N Paper Mill Rd, Madison, IN 47250

$509,000
5 acres
Active sale
ago
Est $3,112/mo

Historic 1855 home on 5 acres. Built more than 170 years ago of solid brick, this residence retains it's robust construction and period character. The home has been fully rewired, plumbed, insulated, and features Pella windows throughout. The roof and gutters were new in 2023. 2,468 sq ft with 4 bedrooms and 2 full baths. The primary bedroom includes his-and-hers closets and an en-suite bath with a clawfoot tub and separate shower. Original wood floors in much of the house, oak cabinetry, and stainless appliances. Concrete patio overlooks open fields and mature trees. A standout feature is the 36*54 high-ceiling pole barn garage (2019), fully insulated and heated for workshop, storage, or multi-use. Located just outside Madison city limits-3.2 miles from McDonald's and 4.3 miles from Walmart-it offers convenient access to daily needs while retaining a distinctly rural setting near historic Madison. Authentic mid-19th-century brick architecture paired with practical modern updates.

2,468
Sq feet
4
Beds
2
Full baths
1855
Built

Location

Street address
4515 N Paper Mill Rd
Zip code
47250
School district
Madison Cons.
Elevation
860 feet
Coordinates
38.8039, -85.4254

Directions

From Madison proceed north on Michigan Rd to Dawson Smith Rd. At the second stop sign turn north on Paper Mill Rd. The home is second on the left.

Property details

Acreage
5 acres
Zoning
Agri/ Residential
MLS #
SIREA 2026012604
Posted

Parcels

  • 390808000005002006

Legal description

Details and features

Listing

Type
Residential

Lot

Features
Garden Area

Exterior

Pool
Deck, Patio

Structure

Stories
2
Water
Public
Heating
Forced Air, Hot Water
Cooling
Central Air

Interior

Room Count
5
Rooms
Basement, Bathroom x 2, Bedroom x 4
Appliances
Dishwasher, Microwave, Range/Oven, Refrigerator
Features
1st Floor Utility, Bath Main, Eat-In Kitchen, Sump Pump

Listing history

DateEventPriceChangeSource
Oct 16, 2026New listing$509,000—SIREA
Subscribe to listing updates

Payment calculator

This 5-acre property is located at 4515 N Paper Mill Rd in Madison, IN 47250. The property is available for sale, priced at $509,000. It has a 2,468 square foot 4-bedroom, 2-bath house built in 1855.

Listed by Paradigm Realty Solutions, (574) 361-3933

Checked 2 hours agoUpdated Source

Report listing issue

Copyright © 2026 Southern Indiana REALTORS Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact listing agent Rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact