317 Meadow Lane, Madison, IN 47250

$459,900 Asking Price

5 beds
3 baths
2,504  sqft
Built in 1961

So many possibilities await you with this lovingly maintained home on over 1 1/2 acres with mature trees and a parklike setting with a decorative pond. This home offers 3 bedrooms, 2 full baths, one with a jetted tub and heated tile floor, living room with a gas fireplace, eat in kitchen with a pantry and granite counter tops, family room with a brick hearth and flue for a wood stove and a utility room in the main living quarters. In addition to the main living area, there is an attached living quarters/guest suite with a kitchen, full bathroom, 2 bedrooms, a living room/play room and it's own front entry and rear entry with a deck. Wait that isn't all! There are front and rear keyless entries on main living quarters doors, 2 - 2+ car detached garages, a blacktop drive with extras parking, a detached storage building, a nice back patio with a hot tub and a 24' above ground pool with a deck. This home is conveniently located within 4 miles of Madison's hilltop area and Clifty Falls State Park, within 4.5 miles from Hanover and within 5 miles of Madison's historic downtown area that was named the #1 Small Town in the Midwest by USA Today 10 Best Readers' Choice Award for 2024. Potted plants will be taken by Seller and some starts off of some perennials will be take by the seller.

Features & Amenities

Interior

General:
Attic,Eat-in Kitchen,In-Law Floorplan,Jetted Tub,Bath in Primary Bedroom,Main Level Primary,Pantry,Utility Room
Appliances:
Dishwasher,Disposal,Microwave,Oven,Range,Refrigerator,Self Cleaning Oven,Water Softener
Laundry:
Main Level,Laundry Room
A/C:
true, Central Air
Heating:
true, Heat Pump
Fireplace:
Gas, Fireplace, Fireplaces: 1

Exterior

General:
Deck,Paved Driveway,Patio, Garage(s),Shed(s)
Style:
One Story
Other Structures:
Garage(s),Shed(s)
Pool:
Above Ground,Pool
Parking:
Detached,Garage,Garage Door Opener

Construction

Roofing:
Shingle
Windows:
Blinds
General:
Brick,Frame,Vinyl Siding, 1, Block,Slab

Location

Road/Access:
Paved
Originating MLS:
SIRA
County:
Jefferson_IN

Lot

Zoning:
Agri/ Residential, Tract 1 Part of the NE 1/4, Section 31-4-10 1.378 ac. Tract 2 Being a parcel of the NE 1/4,NE 31-4-10 0.2273 ac, 390831000002000006
View:
Park/Greenbelt, View

Utilities

Water:
Connected,Public
Sewer:
Public Sewer

Financial

Source:
SIRA

This listing courtesy of:
Real Estate Inc

About Madison, IN

Housing

Number of Units
10,184
Median Home Value
$141,469
Median Rent
$502

33.07% of housing units are renter occupied.

9.33% are vacant.

Commute

Car
88.94%
Public Transportation
0.03%
Walk to Work
1.65%
Work from Home
8.82%
Other
0.56%

The median travel time to work is 20 minutes.

People

Population
22,261
Median Age
43.00
Median Household Size
2.38

Education

High School
40.05%
Associate’s Degree
10.46%
Bachelor’s Degree
12.83%
Graduate Degree
7.27%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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