Price Reduced ListingLooking for a property that offers space, privacy, and plenty of possibilities? Welcome to East Schafer Lane in Madison, Indiana! Tucked away on a quiet dead-end road and surrounded by mature trees, this home offers a peaceful setting with the convenience of being just a short drive from downtown Madison, local shopping, dining, schools, and everyday amenities. The flexible layout features two private entrances, creating options for separate living quarters, multi-generational living, a home office setup, or potential income-producing space. Whether you're searching for a home with room to spread out, space to accommodate changing needs, or a property you can make your own, this one offers versatility in a great Madison location. Enjoy the privacy of the tree-lined setting while staying within easy reach of everything this historic river town has to offer. Come explore the possibilities! Square footage and room sizes are approximate; buyer to verify.
| MLS # | 2026011732 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1943 |
| Days On Site | 11 |
| Listing Provided By | NextHome Wilson Real Estate | Cherronna Jones-Owens |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,074 |
| Garage | 2 |
| Story(s) | 1 |
| Zoning | Residential |
| Acreage | 0.81 |
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Attached, Garage |
| Tax Annual Amount | 1633 |
|---|
| State | IN |
|---|---|
| County | Jefferson_IN |
| City | Madison |
| Zip Code | 47250 |
| Area | Rural |
| Listing VS Median (in 47250) | |
Price: $290,000 low | high Med: $325,000 sqft: 2,074 low | high Med: 2,024 $ / sqft: $140 low | high Med: $161 On site: 11 low | high Med: 13 | |
| State | IN |
|---|---|
| County | Jefferson_IN |
| City | Madison |
| Zip Code | 47250 |
| Area | Rural |
| Listing VS Median (in 47250) | |
Price: $290,000 low | high Med: $325,000 sqft: 2,074 low | high Med: 2,024 $ / sqft: $140 low | high Med: $161 On site: 11 low | high Med: 13 | |