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8273 E State Road 56

Madison, IN 47250

ActiveListed Nov 7, 2025 · 347 days on market

Key facts

Beds
4
Baths
2 full
Living area
2,154 sqft
Lot
10 acres
Year built
1900
Type
Residential · Single Family Residence
Stories
Three or more
Garage
1 space
MLS #
22072500
County
Jefferson
Subdivision
No Subdivision
Total building area
2,708 sqft

About this home

Location is key, and this property sits between two of the "Best Small Midwest Towns in America," according to USA Today. Conveniently located between Madison and Vevay, this versatile 10 acre tract offers a mix of residential, recreational, and small business potential. The parcel features about 1,100 feet of State Road 56 frontage and roughly 100 feet on E Splinter Ridge Road. A paved road that once served as the main highway now winds privately through the property, creating a unique paved drive for walking, biking, or vehicle access. Originally built in 1900, the historic home reflects craftsmanship from its era, still visible in portions of the rafters and framing. The residence has been improved with a new HVAC system, furnace, water filtration system, roof, windows, and kitchen cabinets. There are four bedrooms according to County GIS plus 2 bathrooms and a laundry room. There are several other rooms for storage or office use. The property also includes barns and outbuildings suitable for equipment storage, workshops, or other uses. The tract adjoins Splinter Ridge Fish and Wildlife Area, providing access to an additional 127 acres of public hunting and recreation ground. Several mature deer have been harvested as wildlife move along the wooded hillsides and nearby crop fields. Lower portions of the property feature native Pawpaw trees, while mature Oak, Maple, Hickory, and Sycamore cover the upper canopy. Outdoor recreation continues beyond the property, with nearby public ramps to the Ohio River and Indian-Kentuck Creek for fishing, boating, and waterfowl hunting. The location offers quick access to shopping and dining in Madison and Vevay, with Belterra Casino and multiple golf courses within an hour's drive. The Milton-Madison Bridge provides easy access into Kentucky, just ten minutes away. This property's combination of versatility, accessibility, and recreation potential makes it a standout in southeastern Indiana.

Description provided by the listing brokerage.

Interior

Appliances
Electric Oven
Interior features
Hi-Speed Internet Availbl
Basement
Exterior EntryUnfinishedWalk-Out Access
Rooms
8
Main-level bedrooms
1

Exterior

Exterior features
Storage
Patio and porch
Deck
Construction
Wood Siding
Foundation
Stone
Style
Farmhouse
Parking and garage
DetachedGravel
View
Creek/StreamForestRuralTrees/Woods
Waterfront
Creek

Systems

Heating
Electric
Cooling
Central Air
Water
WellPrivate
Utilities
Electricity ConnectedSeptic System

Lot and HOA

Lot features
Rural - Not SubdivisionMature TreesTrees-Small (Under 20 Ft)Wooded

Schools

Middle school
Madison Consolidated Jr High Sch
School district
Madison Consolidated Schools

Taxes

Estimated annual tax
$1,422 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$1,385per month, estimated
Principal and interest $1,185Property tax $119Insurance $82
20% · $47,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$235,000
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