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For sale
  • Price cut: $135K (7/15)
    $314,000

    1127 Walnut Street, Madison, IN 47250

    2beds
    1,623sqft
    : 
    Single Family Residence
    Built in 1900
    9.68 Acres Lot
    $-- Zestimate®
    $193/sqft
    $-- HOA

    What's special

    Partially wooded acreageSerene natural settingOpen fields
    Incredible Opportunity in the Heart of Historic Madison, Indiana! This unique property offers this home situated with four separate parcels, totaling 9.68 ACRES of beautiful southern Indiana landscape. A true blend of partially wooded acreage and open fields, this property is perfect for nature lovers, investors, or those seeking a PRIVATE RETREAT with development potential. Located just moments from the scenic Ohio River, this property captures the charm and outdoor lifestyle Madison is known for. Enjoy the peaceful sound of a creek running along the back of the land, the sitings of the wildlife such as foxes, cardinals, hummingbirds, and even deer! Whether you are envisioning a bed and breakfast, family compound, short-term or long-term rental investment, the POSSIBILITIES ARE ENDLESS. You even have the opportunity to grow a number of things do the rich soil on the property. The Heritage Trail, ideal for walking, running, or biking, begins just down the street, adding a unique lifestyle benefit for future guests or residents. This sale includes four parcels: 1127 Walnut, 1131 Walnut (one parcel), 1100 Walnut, and a land parcel all combined into one rare offering. With the rich history of Madison, a vibrant downtown, and riverfront charm just minutes away, this property offers high desirability. The home at 1131 Walnut street is also available for purchase. Schedule your own private showing today to see what this property has to offer!
    38 days
    on Zillow
    |
    755
    |
    28
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 30, 2025 at 10:56am

    Listed by:

    William Andes,

    eXp Realty, LLC

    Source: SIRA,MLS#: 202508962MLS LogoOriginating MLS: Southern Indiana REALTORS Association
    Travel times

    Tour with a buyer's agent

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    Next available tour time:Today at 1:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Description: Walk in closet
    • Level: First
    Bedroom
    • Description: Large Window
    • Level: First
    Other
    • Description: Spacious Bathroom
    • Level: First
    Heating
    • Forced Air
    Cooling
    • Central Air, Window Unit(s), WallWindow Unit(s)
    Appliances
    • Included: Dishwasher, Microwave, Oven, Range, Refrigerator
    • Laundry: Main Level, Other
    Features
    • Main Level Primary
    • Basement: Crawl Space
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 1,623
    • Total interior livable area: 1,623 sqft
    • Finished area above ground: 1,623
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached, Garage
    • Attached garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Has view: Yes
    • View description: Park/Greenbelt, Scenic
    Lot
    • Size: 9.68 Acres
    • Features: Secluded, Wooded
    Details
    • Additional structures: Other
    • Parcel number: 0110272700
    • Zoning: Residential
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: One Story
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Roof: Shingle
    Condition
    • Resale
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Connected, Public

    Community & HOA

    Location
    • Region: Madison

    Financial & listing details

    • Price per square foot: $193/sqft
    • Tax assessed value: $91,500
    • Annual tax amount: $1,830
    • Date on market: 7/1/2025
    • Listing terms: Cash,Conventional,FHA,VA Loan
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