
Land with Home for Sale in Madison, Indiana
4515 N Paper Mill Rd, Madison, IN 47250
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.
Location
- Street address
- 4515 N Paper Mill Rd
- County
- Jefferson County
- Zip code
- 47250
- School district
- Madison Cons.
- Elevation
- 860 feet
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
010-00254-00 PT OF NW SW (5.00AC) 8-4-10 10-15-4 4515 N PAP ER MILL RD
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
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 16, 2026 | New listing | $509,000 | — | SIREA |
















