Two contiguous building lots located in the heart of downtown Madison, offering endless possibilities for investors or homeowners. Build two separate homes for resale or rental income, or create your dream home on both lots combined for a larger property footprint. All city utilities available: water, sewer, electric, and gas. 2 water meters in place. Situated just minutes from downtown Madison's restaurants, shops, and all the events offered throughout the year. Lot A spans 0.145 acres with dimensions of 37.5 x 168, while Lot B covers 0.181 acres with dimensions of 37.5 x 200 x 50 x 32 x 12.5 x 168. The setbacks are as follows: Front: 0 feet and Side: 3 feet, with a height restriction of 45 feet. Zoned HDR. Before digging out hillside, DNR must be contacted. Both lots are being sold together, seller will not sell separately. Copy and paste the following link for survey with legal description of the properties: https://bit.ly/1007-1009survey
Property Details
Property Features
Listing Office:
Office Name: EXP Realty LLC
Exterior Features
Exterior Information:
View: See Remarks, Trees/Woods
Lot Features
Lot Information:
Lot: See Remarks, Wooded, Survey Available
Lot Size: 0.33 Acres
Other
Directions Information:
Directions: From Jefferson head east on Main Street. Lots will be located on your left in 0.6 miles.
Price Information
Listing Price Info
Price Summary:
List Price: $42,500
Tax Information:
Annual Amount: $366
Tax Year: 2020
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Lydia Middleton Elementary School
714 W Main St
Distance between this listing and this school1.21 miles
Public District Grades PK-4
5
/10
Anderson Elementary School
2325 Cherry Dr
Distance between this listing and this school2.78 miles
Public District Grades PK-4
3
/10
Milton Elementary School
9245 Highway 421 N
Distance between this listing and this school2.93 miles
Public District Grades PK-6
Nearby Schools
5
/10
Madison Consolidated Jr High School
701 8th St
Distance between this listing and this school3.10 miles
Public District Grades 4-8
4
/10
Southwestern Middle School
169 S Main Cross St
Distance between this listing and this school5.98 miles
Public District Grades 6-8
1
/10
Carroll County Middle School
408 5th St
Distance between this listing and this school10.75 miles
Public District Grades 5-8
Nearby Schools
4
/10
Madison Consolidated High School
743 Clifty Dr
Distance between this listing and this school3.30 miles
Public District Grades 9-12
6
/10
Southwestern High School
167 S Main Cross St
Distance between this listing and this school6.00 miles
Public District Grades 9-12
2
/10
Trimble County Jr/Sr High School
1029 Highway 421 N
Distance between this listing and this school9.05 miles
The neighbors living near this home have an average income of $55,099. Typical income of Madison, IN residents is between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1007 Park Ave
What is the listing price of this property?
The listing price of 1007 Park Ave property is $42,500.
What type of property is this?
The property 1007 Park Ave is land located in Madison, Indiana, 47250.
Is this property for sale now?
Active Listing: 1007 Park Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $366 (source: MLS/based on county public records data).
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This home is located at 1007 Park Ave in Madison, IN and zip code 47250. This home sits on a 0.33 acre lot. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $42,500.
Over 2 listings were sold over their listed price in December 2024 in Madison, IN. In the same period over 1 listings were sold below the listed price and 1 listings were sold for the listed price. The number of listings in Madison, IN decreased by 7.7% between November 2024 and December 2024. Listings spent 32 days on the market in December 2024, and had a median list price of $207,450 during the same period.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search Multiple Listing Service. Real estate listings held by other Brokerage firms are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2025 Greater Louisville Association of Realtors. All Rights Reserved.
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