4502 N SR 7, Madison, IN, 47250
About This Home
Check out this truly rare opportunity in Madison, where you can enjoy the convenience of being just minutes from town while owning over 6 acres of private, picturesque land. Properties like this are hard to find, offering the accessibility and peaceful country living. This stunning home lives up to the hype with beauty, quality, space, and a sense of tranquility that’s hard to match. Inside, you’ll find beautiful living space filled with custom finishes and intricate detailing. From crown molding and unique ceilings with ambient lighting to the impressive fireplace, every element has been thoughtfully designed to impress. The versatile floor plan offers flexibility to fit your lifestyle, with options for a first-floor bedroom or office, and additional rooms upstairs that could serve as a nursery or sitting area. Entertaining is a breeze with a formal dining room, breakfast nook, and open-concept main living areas that flow seamlessly together. In addition to the attached 2+ car garage, a detached 2-car pole barn provides ample storage for vehicles, hobbies, or recreational equipment. If you're seeking privacy, high-quality finishes, and room to roam—all while staying close to town—this exceptional property is truly a must-see.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2003
Materials
- Foundation: Block
- Roof: Shingle
- Construction materials: Brick,Hardboard,Frame
Type & Style
- Home type: SingleFamily
- Architectural style: One and One Half Story
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Oven,Range
- Laundry features: Main Level,Laundry Room
Basement
- Basement: Crawl Space
Bedroom
- Level: Second
- Dimensions: 13 x 15
Bedroom
- Level: Second
- Dimensions: 12 x 11
Bedroom
- Level: First
- Dimensions: 9 x 10
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Dining Room
- Level: First
- Dimensions: 13 x 12
Features
- Bath in Primary Bedroom,Main Level Primary,Mud Room,Open Floorplan,Pantry,Split Bedrooms,Storage,Utility Room,Walk-In Closet(s)
- Window features: Thermal Windows
- Number of fireplaces: 1
- Fireplace features: Gas
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 3,184
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 3,184
- Total interior livable area: 3,184 sqft
Kitchen
- Level: First
- Dimensions: 16 x 13
Living Room
- Level: First
- Dimensions: 13 x 22
Master Bedroom
- Level: Second
- Dimensions: 13 x 14
Other
- Level: First
- Dimensions: 9 x 10
Property
Details
- Parcel number: 390807000043000006
- Zoning: Residential
- Zoning description: Residential
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Covered,Patio,Porch
- Exterior features: Paved Driveway,Porch,Patio
- Has view: Yes
- View description: Panoramic,Scenic
Lot
- Lot size: 6.10 Acres
Parking
- Total spaces: 3
- Parking features: Attached,Barn,Detached,Garage
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
- 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
- Tornado
- Inland Flooding
- Lightning
- Cold Wave
- Ice Storm
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,281 | $39,372 |
| Home Insurance * | $438 | $5,256 |
| Property Taxes | $880 | $10,560 |
| Electricity | $291 | $3,502 |
| Total | $4,890 | $58,680 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
HailWindHow 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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-05 | Listed for sale | $649,000 |
| 2023-11-17 | Listing removed | -- |
| 2023-11-10 | Listed for sale | $469,900 |
| 2020-03-19 | Sold | $320,000 |
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