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!
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
- 73 days |
- 152 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Van Crafton,
Coldwell Banker Harrell & Asso,
Trevor Crafton,
Coldwell Banker Harrell & Asso
Source: SIRA,MLS#: 202608287
Originating MLS: Southern Indiana REALTORS Association
Originating MLS: Southern Indiana REALTORS AssociationFacts & 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
- Cumulative days on market: 73 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,561/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/18/2026 | Listed for sale | $49,000-10.9% |
Source:  SIRA #202608287 Report a problem | ||
| 5/13/2026 | Listing removed | $55,000 |
Source: SIRA #202607294 Report a problem | ||
| 4/9/2026 | Listed for sale | $55,000 |
Source: SIRA #202607294 Report a problem | ||
| 1/1/2026 | Listing removed | $55,000 |
Source: SIRA #202506966 Report a problem | ||
| 7/30/2025 | Price change | $55,000-4.3% |
Source: SIRA #202506966 Report a problem | ||
| 7/24/2025 | Price change | $57,500-11.5% |
Source: SIRA #202506966 Report a problem | ||
| 4/30/2025 | Price change | $65,000-13.3% |
Source: SIRA #202506966 Report a problem | ||
| 4/2/2025 | Listed for sale | $75,000+87.5% |
Source: SIRA #202506966 Report a problem | ||
| 6/21/2024 | Sold | $40,000-11.1% |
Source:  Metro Search Inc. LLC DBA Apex MLS #1658741 Report a problem | ||
| 5/14/2024 | Pending sale | $45,000 |
Source: SIRA #202407123 Report a problem | ||
| 4/17/2024 | Listed for sale | $45,000+28.6% |
Source: SIRA #202407123 Report a problem | ||
| 5/25/2021 | Listing removed | -- |
Source: SIRA Report a problem | ||
| 5/22/2020 | Listed for sale | $35,000 |
Source: F.C. Tucker/Scott Lynch Group #202007952 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Climate risks
Neighborhood: 47250
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 9/10Lydia Middleton Elementary SchoolGrades: PK-4Distance: 1.7 mi
- 6/10Madison Consolidated Jr High SchoolGrades: 5-8Distance: 3.3 mi
- 6/10Madison Consolidated High SchoolGrades: 9-12Distance: 3.5 mi
- $741,6004 bd6 ba2.9k sqft541 S Indian Cave Rd, Madison, IN 47250Off Market
- $752,7005 bd6 ba3.6k sqft501 S Indian Cave Rd, Madison, IN 47250Off Market
- $717,3004 bd5 ba4.4k sqft621 S Indian Cave Rd, Madison, IN 47250Off Market
- $48,100-- bd-- ba-- sqft1520 E Equestrian Ct, Madison, IN 47250Off Market
- $32,000-- bd-- ba-- sqft540 S Indian Cave Rd, Madison, IN 47250Off Market
- $577,1004 bd2 ba2.4k sqft421 S Indian Cave Rd, Madison, IN 47250Off Market
- $708,6004 bd4 ba4.1k sqft1540 E Equestrian Ct, Madison, IN 47250Off Market
- $79,100-- bd-- ba-- sqft500 S Indian Cave Rd, Madison, IN 47250Off Market
A local agent can set up tours, give advice and negotiate with sellers.
Similar homes
- $34,9001.25 Acres5127 W Interstate Block Road Lot 4, Madison, IN 47250Lot/Land
MLS ID #202609794, Kelsey Shaw, F.C. Tucker/Scott Lynch Group. SIRA - $34,9000.99 AcresLot 6 & 7 Jordan Way, Milton, KY 40045Lot/Land
MLS ID #202606411, Kelsey Shaw, F.C. Tucker/Scott Lynch Group. SIRA - $34,9000.99 Acres6 & 7 Jordan Way, Milton, KY 40045Lot/Land
MLS ID #1710482, Kelsey Shaw, FC Tucker/Scott Lynch Group. Metro Search Inc. LLC DBA Apex MLS - $34,9001.43 Acres4 Jordan Way, Milton, KY 40045Lot/Land
MLS ID #1710480, Kelsey Shaw, FC Tucker/Scott Lynch Group. Metro Search Inc. LLC DBA Apex MLS - $45,0004,356 Square Feet801 Gerry Lane, Madison, IN 47250Lot/LandMLS ID #202606516, Brenda Eversole, Century 21 River Valley. SIRA
- $34,9000.88 Acres5 Jordan Way, Milton, KY 40045Lot/LandMLS ID #1710481, Kelsey Shaw, FC Tucker/Scott Lynch Group. Metro Search Inc. LLC DBA Apex MLS
- $34,9000.88 Acres11 Jordan Way, Milton, KY 40045Lot/LandMLS ID #1710472, Kelsey Shaw, FC Tucker/Scott Lynch Group. Metro Search Inc. LLC DBA Apex MLS
- $34,9001.43 AcresLOT 2 Whitaker Rd, Milton, KY 40045Lot/LandMLS ID #1710477, Kelsey Shaw, FC Tucker/Scott Lynch Group. Metro Search Inc. LLC DBA Apex MLS
- $34,9001.43 AcresLOT 1 Whitaker Rd, Milton, KY 40045Lot/LandMLS ID #1710476, Kelsey Shaw, FC Tucker/Scott Lynch Group. Metro Search Inc. LLC DBA Apex MLS
- $34,9001.43 AcresLot 1 mccord Lane, Milton, KY 40045Lot/LandMLS ID #202606402, Kelsey Shaw, F.C. Tucker/Scott Lynch Group. SIRA
- $61,00011.36 Acres0 Carlisle Rd, Carrollton, KY 41008Lot/LandMLS ID #1722556, Linda R Jackson-Bailey, New Outlook Realty. Metro Search Inc. LLC DBA Apex MLS
- $69,9003.39 Acres3160 S Mulberry Street, Lexington, IN 47138Lot/LandMLS ID #202606161, Lesa Jones, RE/MAX Plus. SIRA
- $59,9008.6 Acres1381 Carlisle Rd, Carrollton, KY 41008Lot/LandMLS ID #1690020, Trinity Cook, Smith Klink Realty & Auction. Metro Search Inc. LLC DBA Apex MLS
- $39,9001.84 Acres3 Bray Ridge Rd, Bedford, KY 40006Lot/LandMLS ID #1713801, Matt Weaver, Coldwell Banker McMahan. Metro Search Inc. LLC DBA Apex MLS
- $55,0001.19 Acres0 New Wash Bethlehem Rd - Giltner Lot 4, New Washington, IN 47162Lot/LandMLS ID #202609842, Elmer Lambright, eXp Realty, LLC - New Salisb. SIRA
- $49,9004 Acres0 Cross Rd, Vevay, IN 47043Lot/LandMLS ID #207694, Christy Alexander. MLS of Southeastern Indiana
- $36,7002.04 Acres1376 N State Rd 3 (Tract #2), Lexington, IN 47138Lot/LandMLS ID #202609568, Tamara Barger, Kovener & Associates Real Esta. SIRA
- $36,7002.05 Acres1376 N State Rd 3 (Tract #3), Lexington, IN 47138Lot/LandMLS ID #202609570, Tamara Barger, Kovener & Associates Real Esta. SIRA
- $41,0001.07 Acres19 Kidwell Rd, Pendleton, KY 40055Lot/LandMLS ID #1705552, Erica Kilibarda, Realty ONE Group River Valley. Metro Search Inc. LLC DBA Apex MLS
- $34,5001.25 Acres68 Stauffer Dr, Pendleton, KY 40055Lot/LandMLS ID #1698497, Michael P Morgan, All Care Real Estate. Metro Search Inc. LLC DBA Apex MLS
