2631 Michigan Road Madison, IN $ 489,900
2631 Michigan Road
$ 489,900
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2631 Michigan Road

Madison, IN, 47250
$ 489,900
Bedrooms2 Baths1.0 Sq 2,672

Monthly Estimate*

$ 3,016

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Single Family Home for sale in Madison, IN

for $489,900 with 2 bedrooms and 1 full bath. This 2,672 square foot home was built in 1900 on a lot size of 0.927.

Well-maintained property situated on just under one acre along Michigan Road in Madison. The living quarters are nicely finished, clean, and comfortable, offering excellent potential for owner occupancy or rental use. In addition to the residential dwelling, the property includes a functioning successful business and a variety of improvements that provide extensive storage, workspace, and flexible use options. All this includes the larger primary structure, detached garage, warehouse-style space, and additional finished areas that have been used for a successful business and service-related purposes in the past. The property offers excellent road frontage, strong visibility, ample parking, and a generous lot size, making it appealing for a wide range of lifestyles, live/work setups, or income-producing opportunities. This unique property presents a rare chance to own a residential dwelling with exceptional additional buildings and land in a highly desirable Madison location.

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Single Family Active

Price

$ 489,900

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 5,103

Style

Lot Size

0.927

Year Built

1900

Town/City

Madison

County/Region

Jefferson

MLS | Web ID

202605426

Features
General
Sewer Public Sewer
Heating Baseboard
Cooling Window Unit(s) WallWindow Unit(s)
Possession Negotiable
Roof Shingle
Appliances Dishwasher Oven Range Refrigerator
Zoning Commercial
Garage Spaces 1
Year Built 1900
Township Madison
Property Subtype Residential
County Jefferson_IN
New Construction false
Property Type Residential
Attached Garage false
Garage Y/N true
Other Structures Garage(s)
Total Rooms 0
Full Baths 1
Status Active
Directions From eastbound Clifty Dr turn left and head north on Michigan Rd property will be on left.
City Madison
Zoning Description Commercial
MLS Area Hilltop
Lot Size Units Acres
Lot Size Square Feet 40380.12
Listing Terms Cash Conventional
Tax Annual Amount 5103
Property Condition Resale
Standard Status Active
Property Sub Type Additional Residential
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Interior
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Above Grade Finished Area 2672
Half Baths 0
Laundry Features Laundry Closet Main Level
Total Bedrooms 2
Below Grade Finished Area 0
Total Baths 1
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Exterior
Parking Features Detached Garage
Water Source Connected Public
Lot Size Area 0.927
Building Area Total 2672
Lot Size Acres 0.927
Other Parking Off Street
Lot Size Source Assessor
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* Excluded Features
List By
Andrew Phillips

Listing Agent

Coldwell Banker Harrell & Asso

Broker

phillips.ap@yahoo.com

Email

Affordability Calculator

$3,442
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,016
Monthly Property Taxes
$425
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
1/16/2026$489,900 Listed Price

Map


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2631 Michigan Road, Madison, IN, 47250 is a Single Family Home for sale at $489,900 with 2,672 sqft and a lot size of 0.927. 2631 Michigan Road has 2 bedrooms, 1.0 baths, and was built in 1900. The property's zip code is 47250 which is in Madison, IN