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!
For sale
Price cut: $135K (7/15)
$314,000
1127 Walnut Street, Madison, IN 47250
2beds
1,623sqft
Est.:
Single Family Residence
Built in 1900
9.68 Acres Lot
$-- Zestimate®
$193/sqft
$-- HOA
What's special
Partially wooded acreageSerene natural settingOpen fields
- 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#: 202508962
Originating MLS: Southern Indiana REALTORS Association

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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