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Listing view 3

5184 N Us 421, 
Madison, IN 47250

$148,000


3

Beds


1

Bath


1,200

Sq Ft


Single Family

Active

Listed by

Penny Koehler

F.C. Tucker/Scott Lynch Group

812-265-3122

Last updated:

October 6, 2026, 09:06 PM

MLS#

2026012275

Source:

IN SIRA

About This Home

5184 N Us 421

Buyers, Investors or Renovators Bring your vision to this fixer-upper opportunity offering peaceful rural living while remaining a short distance from Madison’s hilltop and all the connivence of shopping and dining or drive down the hill to enjoy Madison’s historic downtown Main Street. This home has character and plenty of potential. Inside, you'll find built-in bookshelves, a bonus room with a fireplace/wood-stove insert, and the opportunity to open the space up and create one large living area that flows into the family room. Hardwood floors are believed to be underneath the carpet in the bedrooms, offering another opportunity to restore and enhance the home’s original character. Outside, enjoy a spacious yard surrounded by mature trees, a detached garage/workshop, ample parking, your own well, and a durable red metal roof. A great opportunity for an investor, renovator, or buyer looking to create a home with character while enjoying the space of rural living and convenient access to Madison. Being Sold As-IS.

Home Facts

Single Family

1 Bath

3 Bedrooms

Built in 1952

Price Summary

148,000

$123 per Sq. Ft.

MLS #:

2026012275

Last Updated:

October 6, 2026, 09:06 PM

Added:

11 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

1,200 Sq. Ft.


Structure

Structure

Architectural Style:

One Story

Building Area:

1,200 Sq. Ft.

Year Built:

1952


Lot

Lot Size (Sq. Ft):

43,560


Finances & Disclosures

Finances

Price:

$148,000

Price per Sq. Ft:

$123 per Sq. Ft.

Source:IN SIRA
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.