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
- 9 days |
- 126 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Van Crafton,
Coldwell Banker Harrell & Asso
Source: SIRA,MLS#: 202608287
Originating 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
| Date | Event | Price |
|---|---|---|
| 5/18/2026 | Listed for sale | $49,000-10.9% |
Source: | ||
| 5/13/2026 | Listing removed | $55,000 |
Source: | ||
| 4/9/2026 | Listed for sale | $55,000 |
Source: | ||
| 1/1/2026 | Listing removed | $55,000 |
Source: | ||
| 7/30/2025 | Price change | $55,000-4.3% |
Source: | ||
| 7/24/2025 | Price change | $57,500-11.5% |
Source: | ||
| 4/30/2025 | Price change | $65,000-13.3% |
Source: | ||
| 4/2/2025 | Listed for sale | $75,000+87.5% |
Source: | ||
| 6/21/2024 | Sold | $40,000-11.1% |
Source: | ||
| 5/14/2024 | Pending sale | $45,000 |
Source: | ||
| 4/17/2024 | Listed for sale | $45,000+28.6% |
Source: | ||
| 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
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
- 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
A local agent can set up tours, give advice and negotiate with sellers.
- Indiana
- Jefferson County
- Madison
- 47250
- 581 S Indian Cave Road





