Madison IN Homes for Rent

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Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
1.05 Acres
Year built:
1900
Baths:
MLS#:
202505628

ADDITIONAL INFORMATION

Well-established gas station and mini mart on 1 acre +/-. 2 new gas pumps with 24 hr. credit card reader. All equipment to remain with property: freezers, pizza oven & equipment, tables, chairs, prep stations, cash register, shed, all working accessories, and much more. Turn-key opportunity. Will include $10,000 worth of inventory. Remaining inventory will be bought at cost. Call today!!!

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.25 Acres
Baths:
MLS#:
202505225

ADDITIONAL INFORMATION

High traffic, commercial location on Madison's hilltop. All city utilities available. Zoned General Business. One parcel.

Type:
Triplex
Sq.Ft.:
1,800
Status:
Active
Beds:
2
Lot size:
0.08 Acres
Year built:
1971
Baths:
3.00
MLS#:
2024012709

ADDITIONAL INFORMATION

Discover a fantastic investment opportunity with this 3-unit residential and 2 car garage rental property conveniently located in downtown Madison and minutes from the Madison Hilltop. The property features two one-bedroom apartments on the second floor, a first-floor efficiency unit, and a shared utility room with a coined washer and dryer. Additionally, a spacious 23x26 two-car garage offers extra storage or rental potential. With its prime location and income-generating design, this property is a must-see for investors. Tenants are on a month to month lease at $650/month, includes water, sewage, trash and internet. Internet is $60/month. Tenants pay electric and provides their own window a/c units. Apartments are metered separately. Tenants in units 1 & 2 have been there over 4 years, efficiency unit has new tenant. Garage is used by seller, but could rent for $300- $400/month. Only one of the garage doors has an opener. Washer & Dryer produces about $50/month in income.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.13 Acres
Year built:
2002
Baths:
MLS#:
2024012354

ADDITIONAL INFORMATION

Very clean and well cared for investment property. 2 units. 2 BR 1 Full BA and 1 car attached garage approx. 804 sq. ft. each. All electric. Natural gas available. New HVAC in each unit including duct work. 3015 has brand new bathroom floor and K floor.Tenants pay utilities.

Type:
Single Family
Sq.Ft.:
3,704
Status:
Active
Beds:
4
Lot size:
3.21 Acres
Year built:
1964
Baths:
2.00
MLS#:
2024012223

ADDITIONAL INFORMATION

Welcome to your private country oasis! Set on over 3 scenic acres, this expansive home offers more than meets the eye with 4 spacious bedrooms on the main level and 2 additional bedrooms in the finished walkout basement, making it perfect for a large family or multi-generational living. The basement is complete with a kitchenette area that could easily be expanded to a full kitchen, creating a separate living space. Inside, beautiful hardwood floors lead you through the open floor plan, highlighted by a stunning Bedford stone gas fireplace that creates a cozy ambiance. The property boasts not one but two huge pole barns – a modern 100x50 structure with ample room for projects, vehicles, and storage, plus a second, over 1800-square-foot barn, perfect for additional workspace or storage. There's also a 1-car attached garage, ensuring even more space for all your tools and toys. Outside, enjoy wide-open spaces with no close neighbors, a stocked pond complete with a zip line for fun-filled days, and existing chicken coops for your feathered friends. Whether you’re dreaming of a peaceful homestead, a hobby farm, or simply a tranquil place to call home, this unique property offers endless possibilities. Don’t miss your chance to own this rare gem in an idyllic country setting!

Type:
Farm
Sq.Ft.:
1,512
Status:
Active
Beds:
3
Lot size:
59.7 Acres
Year built:
2001
Baths:
2.00
MLS#:
2024012210

ADDITIONAL INFORMATION

First time on the market! Not many opportunities like this one come around. This farm has 59.7+/- total acres and 47 of them are tillable. The large manufactured home on the property has 3 bedrooms and 2 bathrooms, plenty of updates, 2 large wood decks, and peaceful views. This property also offers a small carport, small garage, 60x90 tobacco barn, small pasture area, 2 ponds, and so much more. Come take advantage of the privacy this farm has to offer. There are not many farms like this left, call today!

Type:
Single Family
Sq.Ft.:
1,008
Status:
Active
Beds:
3
Lot size:
0.55 Acres
Year built:
1955
Baths:
1.00
MLS#:
2024011715

ADDITIONAL INFORMATION

Welcome to your peaceful country retreat, just 5 minutes from historic downtown Madison, Indiana! This charming 3-bedroom, 1-bath home offers a perfect blend of rural serenity and easy city access. Enjoy the newly added patio area, perfect for morning coffee or evening relaxation, which leads to a detached garage offering great storage or workspace potential. The expansive backyard is a true escape, with mature trees lining the back of the property, providing both privacy and natural beauty. Bring your vision and finishing touches to make this home uniquely yours. Don’t miss this opportunity to embrace country living with city convenience!

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
8.57 Acres
Baths:
MLS#:
2024011483

ADDITIONAL INFORMATION

Almost 9 acres available in Historic Madison IN. This can be combined with 1131 walnut, 1127 walnut, 1131 walnut, 1100 walnut

Type:
Fourplex
Sq.Ft.:
4,160
Status:
Active
Beds:
5
Lot size:
0.11 Acres
Year built:
1900
Baths:
4.00
MLS#:
2024011388

ADDITIONAL INFORMATION

Welcome to this beautifully renovated 4-plex in the heart of downtown Madison, Indiana. Featuring a total of 5 bedrooms and 4 bathrooms, this property was completely remodeled n 2021 and offers modern upgrades including new HVAC systems in all four units, updated plumbing and electrical systems, new flooring, and new cabinets. Most windows have been replaced, enhancing energy efficiency and natural light. Nestled in the vibrant community of downtown Madison, you'll be within walking distance to local shops, restaurants, and historic landmarks. this turnkey property is an incredible investment opportunity or the perfect place to call home. Don't miss out, schedule a showing today!

Type:
Single Family
Sq.Ft.:
1,642
Status:
Active
Beds:
3
Lot size:
5 Acres
Year built:
1986
Baths:
1.00
MLS#:
2024011214

ADDITIONAL INFORMATION

*Home located on a beautiful country setting containing 5.00 acres +/-. *This home contains 3 bedrooms and 1 bath. *Relaxing family room. *Spacious eat-in kitchen. *Covered porch and rear patio area overlooking the secluded and wooded yard that's perfect for entertaining and enjoying. *2 car detached garage with loft. *If you are looking for a home that provides you with peace and tranquility, then this is the home for you!

Type:
Single Family
Sq.Ft.:
3,900
Status:
Active
Beds:
4
Lot size:
8.36 Acres
Year built:
2003
Baths:
4.00
MLS#:
2024011159
Subdivision:
River Bluff Lake

ADDITIONAL INFORMATION

Experience vacation living every day with this stunning property nestled on approximately 8.36 picturesque acres!! This home boasts breathtaking views of both a serene pond and the majestic Ohio River. 3,900 approx. square feet of finished living space. The family room overlooks a beautiful, park-like backyard. Home features 4 beds/3 full baths and 1 half bath. Master Suite: located on the main level, featuring an en-suite master bath. Laundry Room: Conveniently located on the main level. Theatre room with barrel ceiling. Custom staircase with iron spindles from Madison Iron Works. Upgrades include: zoned radiant heating system (Radiant heated floors), Boiler system, reverse osmosis system, 400 AMP electric service, new appliances in the kitchen (except convection oven), New Roof/gutters/facia in 2018. Proximity to Downtown: Just minutes away from historic downtown Madison, IN. Local Attractions: Enjoy local shopping, fine dining, wineries, Clifty Falls State Park, Madison Chautauqua Festival, Farmers Market, Madison Regatta, and the new Crystal Beach Aquatic Park. You will love this home!!

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
4.96 Acres
Baths:
MLS#:
2024010828

ADDITIONAL INFORMATION

Location, location, location! Don't miss your chance to own 5 acres of prime real estate on the outskirts of Jefferson County. This could be used as excellent hunting ground as it sits currently, or it could easily be made into the perfect spot for your dream home. Surrounded by farmland and other wooded acreage, this property offers privacy and opportunity. Many mature trees on site, as only part of the property has been logged previously. See it while you can!

Type:
Single Family
Sq.Ft.:
3,072
Status:
Active
Beds:
4
Lot size:
0.04 Acres
Year built:
1900
Baths:
4.00
MLS#:
2024010730

ADDITIONAL INFORMATION

**Historic 4-Unit Building in Downtown Madison, Indiana â Prime Opportunity!** Located in the heart of Madison, recently voted the #1 historic town in the Midwest, this stunning 4-unit building offers exceptional potential. The versatile first floor features *beautiful poplar flooring* and can be used as either commercial or residential space, with the possibility of being divided into two separate spaces for maximum flexibility. The second floor includes two charming rental units: a spacious 2-bedroom apartment and a cozy 1-bedroom unit. On the third floor, you'll find an expansive 1-bedroom apartment with a loft area, offering a unique and airy living space. With a current rent roll of $3,300 for the second and third floors, this property already generates solid income. The building is approved for condominium conversion, pending separation of water meters, creating even more value for future owners. Conveniently located steps away from a city parking lot, this historic gem offers plenty of opportunities for investors or entrepreneurs looking to capitalize on Madison's booming downtown area. Seller may consider a contract sale if the terms are right. Donât miss out on this incredible opportunity!

Type:
Single Family
Sq.Ft.:
2,150
Status:
Active
Beds:
3
Lot size:
0.34 Acres
Year built:
2001
Baths:
3.00
MLS#:
2024010744
Subdivision:
Springhills Addition

ADDITIONAL INFORMATION

Beautiful home in one of Madison's premier neighborhoods. Private fenced backyard with views of hillside. 3 bedroom (could be 4) , 2.5 baths. Recent carpet and new privacy fence. Granite countertops, tiled entry, and beautiful hardwood flooring. Possession at closing!!!

Type:
Single Family
Sq.Ft.:
768
Status:
Active
Beds:
2
Lot size:
0.19 Acres
Year built:
1956
Baths:
1.00
MLS#:
2024010703
Subdivision:
Brindley Addition

ADDITIONAL INFORMATION

Welcome to 1715 Bear St! Located on a dead end street this home provides a nice quiet space to come home and relax. Enjoy sitting out on your front porch. The home has 2 bedrooms, 1 bath and a carport but has so much to offer!

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
5.44 Acres
Baths:
MLS#:
2024010735
Subdivision:
Whitetail Place

ADDITIONAL INFORMATION

Wooded lots now available at the corner of Borcherding and Deputy Pike to build your dream home. Water and electricity are available at the front of the lot; septic approved. Lot 14

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
4.85 Acres
Baths:
MLS#:
2024010731
Subdivision:
Whitetail Place

ADDITIONAL INFORMATION

Wooded lots now available at the corner of Borcherding and Deputy Pike to build your dream home. Water and electricity are available at the front of the lot; septic approved. Lot 13

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
4.64 Acres
Baths:
MLS#:
2024010722
Subdivision:
Whitetail Place

ADDITIONAL INFORMATION

Wooded lots now available at the corner of Borcherding and Deputy Pike to build your dream home. Water and electricity are available at the front of the lot; septic approved. Lot 12

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
4.42 Acres
Baths:
MLS#:
2024010720
Subdivision:
Whitetail Place

ADDITIONAL INFORMATION

Wooded lots now available at the corner of Borcherding and Deputy Pike to build your dream home. Water and electricity are available at the front of the lot; septic approved. Lot 11

Type:
Single Family
Sq.Ft.:
1,508
Status:
Active
Beds:
4
Lot size:
0.36 Acres
Year built:
1890
Baths:
2.00
MLS#:
2024010713

ADDITIONAL INFORMATION

Great investment opportunity for someoneâs investment portfolio! 2 home, 3 parcel bundle. Main home is approx. 1500 sf/ with 4 bedrooms, 2 full baths. Sellers have done major electrical upgrades in last 6 months as well as ALL the windows were just replaced with a transferrable warranty. Other recent updates: some LVP flooring and some newer carpet. Large home with lots of room! Huge expansive deck on back of house. Home has metal roof. Spacious kitchen in which all appliances stay. Separate laundry/mud room. Washer & dryer remain as well. Other home was previously a lodge & is approx. 1700 s/f with a stone foundation. Huge wide open spaces. Could be renovated into a 3-4 bedroom, 2 bath home. Currently has mechanical room, kitchen, main 1st floor area, & ½ bath. 2nd floor is 1 HUGE 23 x 36 room with a small stage & 1 small room that could be an office or a walk in closet. Live in one home while renovating the otherâ¦.then use that rental income to pay the mortgage. Extra lot also included for a total of 0.36 acres. ALSOâ¦.there is a 32 x 50 garage that you could easily fit 6 cars into. Per the seller was the Kent Fire Station years ago. *8322, 8342 & 8378 W Kent SR 256 all included in sale.* Bundle can not be split. Home is being sold âas isâ.

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
4.2 Acres
Baths:
MLS#:
2024010717
Subdivision:
Whitetail Place

ADDITIONAL INFORMATION

Wooded lots now available at the corner of Borcherding and Deputy Pike to build your dream home. Water and electricity are available at the front of the lot; septic approved. Lot 10

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
3.98 Acres
Baths:
MLS#:
2024010715
Subdivision:
Whitetail Place

ADDITIONAL INFORMATION

Wooded lots now available at the corner of Borcherding and Deputy Pike to build your dream home. Water and electricity are available at the front of the lot; septic approved. Lot 9

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
3.12 Acres
Baths:
MLS#:
2024010686
Subdivision:
Whitetail Place

ADDITIONAL INFORMATION

Wooded lots now available at the corner of Borcherding and Deputy Pike to build your dream home. Water and electricity are available at the front of the lot; septic approved. Lot 5

Type:
Single Family
Sq.Ft.:
1,125
Status:
Active
Beds:
3
Lot size:
0.02 Acres
Year built:
1840
Baths:
1.00
MLS#:
2024010442

ADDITIONAL INFORMATION

New on market! 3 story townhouse in historic downtown Madison. Enjoy all the convenience of urban living in this walkable community that USA Today just voted "Best Small Town in the Midwest"!

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
2.9 Acres
Baths:
MLS#:
2024010568
Subdivision:
Whitetail Place

ADDITIONAL INFORMATION

Wooded lots now available at the corner of Borcherding Rd and Deputy Pike to build your dream home. Water and electricity are available at the front of the lot; septic approved. Lot 4

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Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176

Information is provided exclusively for consumers personal, non - commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2026, Southern Indiana Realtors Association. All rights reserved.




Madison Real Estate

The median home value in Madison, IN is $230,000. This is higher than the county median home value of $188,100. The national median home value is $338,100. The average price of homes sold in Madison, IN is $230,000. Approximately 47.79% of Madison homes are owned, compared to 40.22% rented, while 11.99% are vacant. Madison real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Madison real estate agent to arrange a tour today!

Madison, Indiana has a population of 12,227. Madison is more family-centric than the surrounding county with 32.11% of the households containing married families with children. The county average for households married with children is 29.92%.

The median household income in Madison, Indiana is $47,392. The median household income for the surrounding county is $53,784 compared to the national median of $69,021. The median age of people living in Madison is 43.9 years.

Madison Weather

The average high temperature in July is 85.8 degrees, with an average low temperature in January of 21.6 degrees. The average rainfall is approximately 47.4 inches per year, with 12.3 inches of snow per year.

Madison Real Estate Market Conditions

  • Median sales price

    $230,000
    15.8% change since last quarter
  • # Active listings

    1,184
    30-day change

Madison Schools and Demographics

Education near Madison, IN

Metric City County
High School Graduates 90.23 89.53
College Degree - 2 year 9.4 10.66
College Degree - 4 year 23.79 18.42
Graduate Degree 7.35 5.16
Expenditures per Student 13,210 13,210
Students per Teacher 16 16

Elementary Schools near Madison, IN

School Grades Students P/T Ratio ZIP
Canaan Community Academy KG - 06 106 21.2 47224
Emery O Muncie Elementary School PK - 05 589 19 47250
Jefferson-Craig Elementary School KG - 06 347 17.4 47043
Lydia Middleton Elementary School KG - 05 310 19.4 47250
Rykers' Ridge Elementary School KG - 05 197 14.1 47250
South Ripley Elementary School KG - 06 628 14.9 47042
Southwestern Elementary School PK - 05 684 20.7 47243

Middle Schools near Madison, IN

School Grades Students P/T Ratio ZIP
Madison Consolidated Junior High School 06 - 08 654 18.7 47250
South Ripley Junior High School 07 - 08 195 9.8 47042
Southwestern Middle School 06 - 08 303 12.6 47243
Switzerland County Middle School 07 - 08 213 11.8 47043

High Schools near Madison, IN

School Grades Students P/T Ratio ZIP
Madison Consolidated High School 09 - 12 1,008 19.8 47250
South Ripley High School 09 - 12 355 13.7 47042
Southwestern High School 09 - 12 400 11.9 47243
Switzerland County Senior High School 09 - 12 454 16.7 47043

Demographics near Madison, IN

Metric City County
Neighborhood Type Suburban
Population 12,227 33,000
Population Density 1,424 92
Median Age 43.9 41.5
People per Household 2.2 2.4
Median Household Income 47,392 53,784
Average Income per Capita 26,459 29,494