267 E Schafer Lane, Madison, IN 47250
Property image
Property image
OFF MARKET

$250,000

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 2,066 sqft (on 0.75 acres)

267 E Schafer Lane, Madison, IN 47250

Est. Refi. Payment $1,417/mo*
Refinance Your Home
Currently Off Market - Sold May 15, 2025 for $240,000

Home Value

Trulia Estimate
$250K
Since last month
Increased$2K (+0.6%)
Since last year
Increased$8K (+3.1%)
Since last sale
Increased$10K (+4.1%)
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 +265% in the last 10 years
MonthEstimated value
2026
August 2026$250K
August 2026$250K
July 2026$248K
June 2026$249K
May 2026$247K
April 2026$246K
March 2026$245K
February 2026$244K
January 2026$243K
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
5044 N US 421, Madison, IN
0.16
Single-Family Home
$245,000
03/13/26
3
2
1,711
4399 N Graham Road, Madison, IN
0.92
Single-Family Home
$462,500
07/22/26
4
2.5
2,384
6911 N Graham Road, Madison, IN
2.12
Single-Family Home
$255,000
03/06/26
3
2
1,876
4659 N Sr 62, Madison, IN
1.72
Single-Family Home
$110,000
04/09/26
3
2
1,440
3270 N Quail Drive, Madison, IN
1.66
Single-Family Home
$179,900
12/11/25
3
1
1,224
250 W Meadowlark Circle, Madison, IN
1.57
Single-Family Home
$199,000
12/17/25
3
1
1,008
3360 N Quail Dr, Madison, IN
1.56
Single-Family Home
$179,900
12/11/25
3
1
1,032
2921 Ohio Avenue, Madison, IN
1.81
Single-Family Home
$185,000
04/20/26
3
1
1,008
2412 Bellaire Drive, Madison, IN
2.61
Single-Family Home
$320,000
04/15/26
3
2
1,680

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
5044 N US 421, Madison, IN 47250
0.16
$245,000
3
2
1,711
Recently Sold
4585 N Graham Road, Madison, IN 47250
0.64
-
7
4.5
3,801
Off Market
4399 N Graham Road, Madison, IN 47250
0.92
$462,500
4
2.5
2,384
Recently Sold
559 E 400 N, Madison, IN 47250
0.97
$212,200
2
1
1,048
Off Market
869 E 400 N, Madison, IN 47250
1.15
$240,300
4
2
1,776
Off Market
885 E 400 N, Madison, IN 47250
1.16
$230,300
3
1
1,612
Off Market
913 E 400 N, Madison, IN 47250
1.18
$227,200
4
2
2,162
Off Market
399 W Skyline Dr #212, Madison, IN 47250
1.20
-
3
2
980
Off Market
429 W Skyline Dr #207, Madison, IN 47250
1.22
$91,200
3
2
980
Off Market
392 W Skyline Dr #255, Madison, IN 47250
1.23
$97,200
3
2
1,064
Off Market
350 W Skyline Dr #248, Madison, IN 47250
1.25
$196,200
3
2
1,216
Off Market

Local Information

  • Map ViewExplore the area around 267 E Schafer Lane.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1978
0.75 acre lot
2,066 sqft
$121/sqft
2 Car Garage

About this House

Imagine unlocking the full potential of this incredible one-level home, nestled in a rural setting just minutes from the vibrant hub of Madison! Recent major updates have transformed this property into a cozy "Home Sweet Home" - boasting a beautiful kitchen with new sleek stainless appliances, a newer metal roof, and a 'Man Cave' that's sure to impress. The spacious bedrooms include a generous walk-in closet in the main BR and a nicely updated master bath with a beautiful quality walk-in shower. There is an open kitchen and dining area, perfect for effortless entertaining. The expansive covered porch, stretching across both the front and back of the home, invites relaxation and taking in the country setting. Plus with an attached garage, workshop, and large paved driveway, there's ample space for your RV, boat, or whatever your heart desires. With its separate entrance, this home also offers the perfect opportunity for a mother-in-law suite, college student retreat, or private sanctuary.
Call today and discover the endless possibilities this home has to offer!
267 E Schafer Lane, Madison, IN 47250 is a 3 bedroom, 2 bathroom, 2,066 sqft single-family home built in 1978. It last sold for $240,000 on May 15, 2025 (4% below the $249,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $250,000, with a rent estimate of $2,323/month.
Last check for updates: about 16 hours ago
Listed by Jacqueline Greene
Coldwell Banker Harrell & Asso
Bought with: Mark Jenkins, F.C. Tucker/Scott Lynch Group
Originating MLS: Southern Indiana REALTORS Association
Source: SIRA, MLS#202506199

Home Details for 267 E Schafer Lane

Interior Features

Interior Details
Basement: Crawl SpaceNumber of Rooms: 8Types of Rooms: Bedroom, Dining Room, Kitchen, Living Room, Other
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 2066 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven, Water SoftenerDishwasherLaundry: Main Level,Laundry RoomMicrowaveRefrigerator
Heating & Cooling
Heating: Heat PumpHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Heat Pump
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Window: Thermal Windows
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: Covered, PorchOther Structures: Garage(s)Exterior: Landscaping, Paved Driveway, PorchFoundation: Block
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Other Parking: Off StreetHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Attached,Garage
Frontage
Road Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 2066 Square Feet

Days on Market

Cumulative Days on Market: 73

Property Information

Year Built
Year Built: 1978
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: One Story,Modular/Prefab
Building
Construction Materials: Frame, Vinyl SidingNot a New Construction
Property Information
Parcel Number: 390811000008000006

Price & Status

Price
List Price: $249,900
Status Change & Dates
Off Market Date: Fri Apr 11 2025Possession Timing: Negotiable

Active Status

MLS Status: Closed

Location

Direction & Address
City: Madison

Building

Building Area
Building Area: 2066 Square Feet

HOA

Association for this Listing: Southern Indiana REALTORS Association

Lot Information

Lot Area: 0.75 acres

Offer

Listing Terms: Conventional, FHA, VA Loan

Miscellaneous

Mls Number: 202506199Living Area Range Units: Square FeetAttribution Contact: 812-265-3000Above Grade Unfinished Area: 2066Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-18077-N-390811000008000006-R-N

Price and Tax history

DateEventPrice
May 15, 2025
Source: SIRA #202506199
Sold
$240,000
Mar 3, 2025
Source: SIRA #202506199
Listed For Sale
$249,900
Jan 31, 2019
Source: Agent Provided
ListingRemoved
$149,900
Jul 16, 2018
Source: Agent Provided
PriceChange
$149,900
Price decreased by 12%
Jun 1, 2018
Source: Agent Provided
PriceChange
$169,900
Price decreased by 4%

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
    Flag
  • 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
    Flag

LGBTQ Local Legal Protections

IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.

Frequently asked questions about 267 E Schafer Lane

  • What is 267 E Schafer Lane estimated to be worth?
    Trulia's estimated value for 267 E Schafer Lane in Madison, IN is $250,000.
  • What is the price history for 267 E Schafer Lane?
    267 E Schafer Lane in Madison, IN last sold for $240,000 in May 2025.
  • 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 267 E Schafer Lane have air conditioning?
    Yes, 267 E Schafer Lane in Madison, IN has air conditioning.
  • Does 267 E Schafer Lane have laundry facilities?
    Yes, 267 E Schafer Lane in Madison, IN has laundry facilities.

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