235 E Schafer Ln, Madison, IN 47250
OFF MARKET

$273,800

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 2,068 sqft (on 0.81 acres)

235 E Schafer Ln, Madison, IN 47250

Est. Refi. Payment $1,642/mo*
Refinance Your Home

Home Value

Trulia Estimate
$274K
Since last month
Decreased$4K (-1.5%)
Since last year
Increased$15K (+5.6%)
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 +98% in the last 10 years
MonthEstimated value
2026
August 2026$274K
August 2026$273K
July 2026$278K
June 2026$277K
May 2026$278K
April 2026$272K
March 2026$263K
February 2026$255K
January 2026$253K
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
3360 N Quail Dr, Madison, IN
1.57
Single-Family Home
$179,900
12/11/25
3
1
1,032
3240 N Audubon Park Dr, Madison, IN
1.72
Single-Family Home
$93,000
04/24/26
3
1
960

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
869 E 400 N, Madison, IN 47250
1.12
$240,300
4
2
1,776
Off Market
399 W Skyline Dr #212, Madison, IN 47250
1.21
-
3
2
980
Off Market
429 W Skyline Dr #207, Madison, IN 47250
1.23
$91,200
3
2
980
Off Market
392 W Skyline Dr #255, Madison, IN 47250
1.24
$97,200
3
2
1,064
Off Market
350 W Skyline Dr #248, Madison, IN 47250
1.26
$196,200
3
2
1,216
Off Market

Local Information

  • Map ViewExplore the area around 235 E Schafer Ln.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1943
0.81 acre lot
2,068 sqft
$132/sqft
Garage

About this House

This single-family home is located at 235 E Schafer Ln, Madison, IN. 235 E Schafer Ln is in Madison, IN and in ZIP code 47250. This property has 4 bedrooms, 2 bathrooms and approximately 2,068 sqft of floor space. This property has a lot size of 0.81 acres and was built in 1943.
235 E Schafer Ln, Madison, IN 47250 is a 4 bedroom, 2 bathroom, 2,068 sqft single-family home built in 1943. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $273,800, with a rent estimate of $2,488/month.

Home Details for 235 E Schafer Ln

Interior Features

Heating & Cooling
Heating: Heat Pump, Propane ButaneAir ConditioningCooling System: CentralHeating Fuel: Heat Pump
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet, Linoleum Vinyl
Interior Details
Number of Rooms: 5Types of Rooms: Dining Room, Laundry Room, Master Bath, OfficeCeiling Fan
Appliances & Utilities
Dishwasher

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation Type: Crawl Raised
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1943Year Updated: 1990
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 0.81 acres

Price and Tax history

YearProperty taxTax assessment
2025
$1,512
$209,400
Home facts updated by county records

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"
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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
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  • 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. "
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    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
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  • Jessica D.
    "My neighborhood is pretty quiet. There are a few stray cats but nothing major. I am close to shopping and restaurants. "
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  • 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
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  • 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 235 E Schafer Ln

  • What is 235 E Schafer Ln estimated to be worth?
    Trulia's estimated value for 235 E Schafer Ln in Madison, IN is $273,800.
  • 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.
  • What are the closest schools to 235 E Schafer Ln?
    The closest schools to 235 E Schafer Ln in Madison, IN are Madison Consolidated High School (rated 6/10), Madison Consolidated Jr High School (Elementary, rated 6/10), Rykers' Ridge Elementary School (Pre-K, rated 7/10).
  • Does 235 E Schafer Ln have air conditioning?
    Yes, 235 E Schafer Ln in Madison, IN has air conditioning.
  • Does 235 E Schafer Ln have laundry facilities?
    Yes, 235 E Schafer Ln in Madison, IN has laundry facilities.

Explore by feature - Air Conditioning

6 rentals with air conditioning in Madison, IN

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