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235 E Schafer Lane Madison, IN $ 280,000
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$ 280,000 Get more info
235 E Schafer Lane
$ 280,000
Back to search
Share Save

235 E Schafer Lane

Madison, IN, 47250
$ 280,000
Bedrooms4 Baths2.0 Sq 2,074

Monthly Estimate*

$ 1,934

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Single Family Home for sale in Madison, IN

for $280,000 with 4 bedrooms and 2 full baths. This 2,074 square foot home was built in 1943 on a lot size of 0.812.

Looking for a property that offers space, privacy, and plenty of possibilities? Welcome to East Schafer Lane in Madison, Indiana! Tucked away on a quiet dead-end road and surrounded by mature trees, this home offers a peaceful setting with the convenience of being just a short drive from downtown Madison, local shopping, dining, schools, and everyday amenities. The flexible layout features two private entrances, creating options for separate living quarters, multi-generational living, a home office setup, or potential income-producing space. Whether you're searching for a home with room to spread out, space to accommodate changing needs, or a property you can make your own, this one offers versatility in a great Madison location. Enjoy the privacy of the tree-lined setting while staying within easy reach of everything this historic river town has to offer. Come explore the possibilities! Square footage and room sizes are approximate; buyer to verify.

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Single Family Active

Price

$ 280,000

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 1,633

Style

Lot Size

0.812

Year Built

1943

Town/City

Madison

County/Region

Jefferson

MLS | Web ID

2026011732
Features
General
Heating Heat Pump
Cooling Central Air
Possession Close Of Escrow
Roof Shingle
Appliances Dishwasher Oven Range Refrigerator
Zoning Residential
Garage Spaces 2
Patio/Porch Features Covered Patio Porch
Architectural Style One Story
Construction Materials Frame
Year Built 1943
Stories Count 1
Township Madison
Levels One
Property Subtype Residential
County Jefferson_IN
New Construction false
Property Type Residential
HOA false
Attached Garage true
Garage Y/N true
Other Structures Garage(s) Shed(s)
Total Rooms 11
Full Baths 2
Status Active
Directions I65N to Exit 29 Right onto IN56 Right onto IN56E/W McClain Ave Slight right onto IN3/IN56E Left onto IN-56E/IN62 E/Clifty Drive Turn left onto US421N Turn right onto 421 Schafer LN/East Schafer Lane. 235 Ease Schafer Lane on the left.
City Madison
Zoning Description Residential
MLS Area Rural
Lot Size Units Acres
Lot Size Square Feet 35370.72
Listing Terms Cash Conventional FHA USDA Loan VA Loan
Tax Annual Amount 1633
Lease Considered Y/N false
Standard Status Active
Occupancy Type Owner
Property Sub Type Additional Residential
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Interior
Interior Amenities Ceiling Fan(s) Eat-in Kitchen Main Level Primary Pantry Split Bedrooms
Total Fireplaces 1
Fireplace Features Wood Burning
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Above Grade Finished Area 2074
Half Baths 0
Laundry Features Main Level Laundry Room
Total Bedrooms 4
Below Grade Finished Area 0
Total Baths 2
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Exterior
Exterior Amenities Landscaping Porch Patio
Parking Features Attached Garage
Water Source Connected Public
Lot Size Area 0.812
Foundation Details See Remarks
Building Area Total 2074
Lot Size Acres 0.812
Road Surface Type Paved
Other Parking Off Street
Lot Size Source Assessor
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* Excluded Features
List By
Cherronna Jones-Owens

Listing Agent

Nexthome Wilson Real Estate

Broker

cjdailey@nhwilson.com

Email

Affordability Calculator

$2,070
Per Month
93%
7%
0%
Monthly Principal & Interest
$1,934
Monthly Property Taxes
$136
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
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Pricing History
DatePricePrice ChangeDescription
10/9/2026$280,000 -3.45% Price Down
9/26/2026$290,000 -3.33% Price Down
9/16/2026$300,000 Listed Price

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235 E Schafer Lane, Madison, IN, 47250 is a Single Family Home for sale at $280,000 with 2,074 sqft and a lot size of 0.812. 235 E Schafer Lane has 4 bedrooms, 2.0 baths, and was built in 1943. The property's zip code is 47250 which is in Madison, IN

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