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3343 E Sr 56, Madison, IN, 47250

1beds
1baths
880sqft
$189,900
$216price/sqft
$1,333/moest. monthly cost
$53,320/yrincome needed

About This Home

RIVER TIME is just ahead of us, and this place is a haven for observing the beauty of it all. And you have access to it! This home is sweet and functionally impressive. This square footage is truly put to work with customizations such as with its two built in Murphy beds. These allow spaces to be convertible for when there's company! The Murphy beds are queen and king size, and these are in rooms that would never otherwise invite such spacious beds! We don't refer to a bonus room at this home as a bedroom, although previous listings have done so. It makes for a great office!! There is a spacious den with a walkout to the enclosed yard. The window views to The Ohio River panorama make this so special. There is privacy fencing to allow ample outdoor space, and to better focus the river as the window-views. New windows and other updates can be found at this location. Don't miss this listing!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
1
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Property condition: Resale
  • Year built: 1900

Materials

  • Foundation: See Remarks,Cellar
  • Roof: Shingle

Type & Style

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

Interior

Appliances

  • Appliances included: Oven,Range,Refrigerator
  • Laundry features: Laundry Closet,Main Level

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Main Level Primary,Storage,Utility Room
  • Fireplace features: Decorative
  • Finished area below ground: 0
  • Finished area above ground: 880

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 880
  • Total interior livable area: 880 sqft

Property

Details

  • Parcel number: 0100144100
  • Zoning: Residential
  • Zoning description: Residential

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Enclosed,Patio,Porch
  • Exterior features: Covered Patio,Fence,Landscaping,Paved Driveway,Porch
  • Fencing: Yard Fenced
  • Has view: Yes
  • View description: River,Scenic
  • Has water view: Yes
  • Water view: River
  • On waterfront: Yes
  • Waterfront features: River Front,River Access,Waterfront
  • Frontage type: River,Waterfront

Lot

  • Lot size: 0.39 Acres
  • Features: Secluded,Wooded,Waterfront

Parking

  • Parking features: Open
  • 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 $960$11,520
Home Insurance *$128$1,536
Property Taxes $61$732
Electricity $184$2,212
Total$1,333$15,996
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$45,702/yr
40% on housing$39,990/yr
45% on housing$35,546/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

$216This 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
2026-04-11Price change$199,000
2026-01-09Listed for sale$207,000

For Sale by Agent

AgentJessica Butler
BrokerageLegacy Land Use & Realty

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