1948 E Schafer Rd, Madison, IN 47250
Property image
Property image
OFF MARKET

$328,800

Trulia Estimate
  • 3 Beds
  • 2.5 Baths
  • 1,890 sqft (on 0.74 acres)

1948 E Schafer Rd, Madison, IN 47250

Est. Refi. Payment $1,962/mo*
Refinance Your Home
Currently Off Market - Sold Feb 16, 2019 for $215,000

Home Value

Trulia Estimate
$329K
Since last month
Decreased$3K (-0.9%)
Since last year
Increased$12K (+3.7%)
Since last sale
Increased$114K (+53.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +104% in the last 10 years
MonthEstimated value
2026
August 2026$329K
August 2026$329K
July 2026$332K
June 2026$333K
May 2026$331K
April 2026$328K
March 2026$322K
February 2026$316K
January 2026$312K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2445 Forest Dr, Madison, IN
1.65
Single-Family Home
$374,000
05/07/26
3
2
2,266

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
2000 E Cross Rd, Madison, IN 47250
0.39
$325,000
-
-
-
Recently Sold
2000 E Cross Rd #2, Madison, IN 47250
0.47
$139,900
-
-
-
For Sale
2000 E Cross Rd #3, Madison, IN 47250
0.47
$130,000
-
-
-
Recently Sold
2000 E Cross Rd #1, Madison, IN 47250
0.48
$139,900
-
-
-
For Sale
2214 E Cross Rd, Madison, IN 47250
0.55
$207,100
2
1
1,200
Off Market
1200 E 400 N, Madison, IN 47250
0.89
$662,200
4
3
3,986
Off Market
1152 E 400 N, Madison, IN 47250
0.89
$94,200
3
2
1,296
Off Market

Local Information

  • Map ViewExplore the area around 1948 E Schafer Rd.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1992
0.74 acre lot
1,890 sqft
$174/sqft
Garage

About this House

Beautiful home with open floor plan. Two miles to KIng's Daughter's Hospital. Amazing hardwood floors in entryway, family room and kitchen. Very nice trim package with crown molding. This home has 2 x 6 exterior walls and is super insulated. Kitchen includes all new GE appliances (February 2019), very nice cabinets with lots of storage, and has an island bar with electric. Nice pantry area too! New Boonies's Hague Maximizer water softener (Sept 2019). Utility room has half bath. 2 car attached garage with large storage space in attic above and 36 x 38 detached garage with electric and concrete floors.
Home also has a paved driveway! 16 x 16 deck with nice aluminum railing.
Sale of home also includes an additional .24 acre lot that was purchased September 2019. Call Chris for a showing 812-292-5109
1948 E Schafer Rd, Madison, IN 47250 is a 3 bedroom, 3 bathroom, 1,890 sqft single-family home built in 1992. It last sold for $215,000 on Feb 16, 2019. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $328,800, with a rent estimate of $2,394/month.

Home Details for 1948 E Schafer Rd

Interior Features

Heating & Cooling
Heating: Heat Pump, ElectricAir ConditioningCooling System: CentralHeating Fuel: Heat Pump
Levels, Entrance, & Accessibility
Stories: 1.5Floors: Carpet, Hardwood, Linoleum Vinyl
Interior Details
AtticNumber of Rooms: 7Types of Rooms: Walk In Closet, Dining Room, Laundry Room, Pantry
Appliances & Utilities
DishwasherMicrowaveRefrigerator
Windows, Doors, Floors & Walls
Double Paned Windows

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: VinylFoundation Type: Crawl Raised
Parking & Garage
GarageParking: Garage Attached, Garage Detached

Property Information

Year Built
Year Built: 1992
Property Type / Style
Property Type: Single Family HomeArchitecture: Cape Cod

Lot Information

Lot Area: 0.74 acres

Price and Tax history

DateEventPrice
Mar 24, 2021
Source: N/A
ListingRemoved
Jun 27, 2020
Source: N/A
ListingRemoved
$242,000
May 27, 2020
Source: N/A
Pending
$242,000
Apr 27, 2020
Source: N/A
Listed For Sale
$242,000
Feb 16, 2019
Source: SIRA #J20190019
Sold
$215,000

Market trends in Madison

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
102
9MoM

Around this home

What Locals Say about Madison

At least 44 Trulia users voted on each feature.

  • 87 % Say car is needed

  • 79 % Say it's dog friendly

  • 79 % Say yards are well-kept

  • 78 % Say there's holiday spirit

  • 77 % Say people would walk alone at night

  • 68 % Say there's wildlife

  • 67 % Say parking is easy

  • 59 % Say kids play outside

  • 56 % Say it's quiet

  • 55 % Say there are sidewalks

  • 53 % Say neighbors are friendly

  • 48 % Say they plan to stay for at least 5 years

  • 47 % Say streets are well-lit

  • 44 % Say it's walkable to restaurants

  • 33 % Say there are community events

  • 28 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Colemoederzoon3
    "Very touristy, very historical. Very quaint lots of festivals year round. Theres a lot of good people in this town. Homes are quite expensive though. Road maintenance could help out"
    0
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  • Kaylee H.
    "A great well rounded community and very great place to live. Schooling is amazing and there are so many activities that family can do and many different attractions for people from outside of town. "
    4
    Flag
  • Quenton T.
    "Wonderful place to live. Small Town life with larger city amenities. Quiet and peaceful with a vibrant community. "
    0
    Flag
  • Samvin107
    "There’s quite a few families and a church a block away and a nursing home next to the church. Very quiet neighborhood "
    0
    Flag
  • Pam T. W.
    "Lots of music almost every weekend in the summer. Great little shops on Main Street. Lovely river walk. Everyone makes you feel welcome. "
    0
    Flag
  • Robert Danehy
    "Most beautiful historical society in the country! People are the friendliest that you will ever meet. Gorgeous River Front. Best Festival's in the country in the Summer. 5 different Schools.. About 69 of the most beautiful church's you ever seen. Moved here 2 years ago and now i don't ever want to leave!!"
    4
    Flag
  • Robert Danehy
    "Madison is the most beautiful historical society in the country! An the people here are the most friendly that you will ever meet. Church's beautiful church's. Fine Dinning. Choice of Schools. Most beautiful River Front in the state! Nite life is fantastic. None tru out the country for are festivals. An about 40 minutes each way Cincinnati to the East an Louisville to the West. Parks for kids everywhere."
    0
    Flag
  • Jessica D.
    "My neighborhood is pretty quiet. There are a few stray cats but nothing major. I am close to shopping and restaurants. "
    0
    Flag
  • Aschmidlapprn11
    "There are lots of sidewalks to walk the dogs on. There is a walkway around the lake near our house as well so it is healthy and fun for them and us as well. "
    1
    Flag
  • Aschmidlapprn11
    "We have lived here for 5 years and we are within a few minutes of everything. We are close to schools, shopping, restaurants and parks"
    1
    Flag
  • Ericanapier05
    "Beautiful scenery, great neighborhood, close to town, wildlife, low traffic. Good school selection public and private. "
    0
    Flag
  • Cotydunn05
    "This neighborhood sits back away from busier roads. A nice little cul-de-sac where kids play and people wave! "
    2
    Flag
  • Ambergaraas1976
    "It is quiet and is within walking distance to Clifty Park. It is the perfect place to walk the dogs because there are little to no sidewalks in this town. "
    0
    Flag
  • Ambergaraas1976
    "It is within walking distance to Clifty Falls state park. Since this town has very few sidewalks it is nice to take the dogs there to walk without a lot of traffic. "
    0
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LGBTQ Local Legal Protections

Frequently asked questions about 1948 E Schafer Rd

  • What is 1948 E Schafer Rd estimated to be worth?
    Trulia's estimated value for 1948 E Schafer Rd in Madison, IN is $328,800.
  • What is the price history for 1948 E Schafer Rd?
    1948 E Schafer Rd in Madison, IN last sold for $215,000 in February 2019.
  • Is Madison a buyer's or seller's market?
    Madison is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Madison?
    Residents describe Madison, IN as dog-friendly, well-kept, and easy to park in. Most residents say you need a car. See recently sold homes in Madison, IN.
  • Does 1948 E Schafer Rd have air conditioning?
    Yes, 1948 E Schafer Rd in Madison, IN has air conditioning.
  • Does 1948 E Schafer Rd have laundry facilities?
    Yes, 1948 E Schafer Rd in Madison, IN has laundry facilities.

Explore by feature - Air Conditioning

6 rentals with air conditioning in Madison, IN

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Off Market Homes Near 1948 E Schafer Rd

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