See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

3500 E Lemon Rd, Madison, IN, 47250

0beds
1baths
224sqft
$185,000
$826price/sqft
$1,342/moest. monthly cost
$53,680/yrincome needed

About This Home

Beautiful weekend retreat with a fully usable cabin. This great weekend getaway is perfect for a family camp or the annual deer camp. The off-grid cabin is powered by a generator with inverter/charger battery backup, composting toilet, woodburning stove, mini split AC/heat unit and a 100-gallon cistern tank for water. The property has a nice entrance with a gravel lane and parking. The terrain type is flat, and the property consists of young to medium aged hardwood timber. The neighboring properties to the north, south and east are agriculture crop ground providing an excellent food source for hungry whitetails. Just 2.5 miles to the west is Big Oaks National Wildlife Refuge and 1 mile to the east are the wooded creek valleys of Indian-Kentuck Creek. Just 90+/- minutes to downtown Louisville, 20+/- minutes to the restaurants on Madison Hilltop, and approx. 90 +/- minutes to Cincinnati.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

Construction

Materials

  • Construction materials: Log Siding,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cabin
  • Property subType: Single Family Residence

Interior

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Fireplace features: Wood Burning Stove
  • Finished area above ground: 0

Heating & Cooling

  • Heating features: Electric,Wood,Other
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 0
  • Total interior livable area: 224 sqft

Property

Details

  • Parcel number: 390205000009.002013
  • Lease amount: 0

Features

  • Stories: 2
  • Patio & porch: Open Porch
  • Has view: Yes
  • View description: Wooded

Lot

  • Lot size: 18.23 Acres
  • Features: Trees

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Tornado
    TornadoVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Ice Storm
    Ice StormModerate
  • Landslide
    LandslideModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Inland Flooding
Lightning
Cold Wave
Ice Storm
Landslide
Winter Weather

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $935$11,220
Home Insurance *$125$1,500
Property Taxes $98$1,176
Electricity $184$2,212
Total$1,342$16,104
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$46,011/yr
40% on housing$40,260/yr
45% on housing$35,786/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 2.0%
2.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$826This listing

vs Other Active Listings

Avg $/sqft

ZIP 47250$139
Jefferson County$139

vs Homes Sold Last Month

Median $/sqft

ZIP 47250$145
Jefferson County$145

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-09Price change$239,500
2026-03-17Price change$247,500
2026-02-25Price change$254,500
2026-01-31Listed for sale$264,500

For Sale by Agent

AgentRobert Haubry
BrokerageGeswein Farm & Land Realty

Similar Homes