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Lot/land
  • $49,000

    581 S Indian Cave Road, Madison, IN 47250

    --beds
    --baths
    0.89Acres
    Unimproved Land
    Built in ----
    0.89 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Cul-de-sac location
    Prime vacant lot in highly sought-after neighborhood. This lot offers the perfect canvas to build your dream home, nestled among beautifully designated residences in a vibrant and established community. With a cul-de-sac location, this property provides both privacy and convenience. Enjoy easy access to historic and award-winning downtown Madison. Schedule your showing today!
    9 days
    |
    126
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Van Crafton,

    Coldwell Banker Harrell & Asso

    Source: SIRA,MLS#: 202608287MLS LogoOriginating MLS: Southern Indiana REALTORS Association

      Facts & features

      Property

      Lot
      • Size: 0.89 Acres
      Details
      • Parcel number: 391301200028000006

      Utilities & green energy

      • Water: Not Connected, Public
      • Utilities for property: Sewer Available, Water Available

      Community & HOA

      Location
      • Region: Madison

      Financial & listing details

      • Tax assessed value: $39,700
      • Annual tax amount: $610
      • Date on market: 5/18/2026
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,561/mo

        Price history

        DateEventPrice
        5/18/2026Listed for sale$49,000-10.9%
        Source: SIRA #202608287 Report a problem
        5/13/2026Listing removed$55,000
        Source: SIRA #202607294 Report a problem
        4/9/2026Listed for sale$55,000
        Source: SIRA #202607294 Report a problem
        1/1/2026Listing removed$55,000
        Source: SIRA #202506966 Report a problem
        7/30/2025Price change$55,000-4.3%
        Source: SIRA #202506966 Report a problem
        7/24/2025Price change$57,500-11.5%
        Source: SIRA #202506966 Report a problem
        4/30/2025Price change$65,000-13.3%
        Source: SIRA #202506966 Report a problem
        4/2/2025Listed for sale$75,000+87.5%
        Source: SIRA #202506966 Report a problem
        6/21/2024Sold$40,000-11.1%
        Source: Metro Search Inc. LLC DBA Apex MLS #1658741 Report a problem
        5/14/2024Pending sale$45,000
        Source: SIRA #202407123 Report a problem
        4/17/2024Listed for sale$45,000+28.6%
        Source: SIRA #202407123 Report a problem
        5/25/2021Listing removed--
        Source: SIRA Report a problem
        5/22/2020Listed for sale$35,000
        Source: F.C. Tucker/Scott Lynch Group #202007952 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$599 -1.8%$39,700 +24.1%
        2024$610 +0.2%$32,000
        2023$608 -1.1%$32,000
        2022$615 +1.9%$32,000
        2021$604 +5%$32,000
        2020$575 +4.8%$32,000
        2019$548 +2.1%$32,000
        2018$537 +6.1%$32,000
        2017$507 -7.2%$32,000
        2016$546 +7.6%$32,000
        2014$507 -4.2%$32,000
        2013$529 -6.8%$32,000
        2012$567 +13.9%$32,000
        2011$498 -10%$32,000
        2010$554 +5.3%$32,000
        2009$526 -29.2%$32,000 -19.4%
        2007$742 +7988%$39,700 +7840%
        2006$9 $500

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 47250

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

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