Is a car needed in Madison, IN?

As of early 2026, 87% of users say car is needed

Is Madison, IN dog-friendly?

As of early 2026, 79% of users say it's dog friendly

Are yards well-kept in Madison, IN?

As of early 2026, 79% of users say yards are well-kept

Does Madison, IN show holiday spirit?

As of early 2026, 78% of users say there's holiday spirit

Would people walk alone at night in Madison, IN?

As of early 2026, 77% of users say people would walk alone at night

Is there wildlife in Madison, IN?

As of early 2026, 68% of users say there's wildlife

Is parking easy in Madison, IN?

As of early 2026, 67% of users say parking is easy

Do kids play outside in Madison, IN?

As of early 2026, 59% of users say kids play outside

Is Madison, IN quiet?

As of early 2026, 56% of users say it's quiet

Does Madison, IN have sidewalks?

As of early 2026, 55% of users say there are sidewalks

Are neighbors friendly in Madison, IN?

As of early 2026, 53% of users say neighbors are friendly

Do residents of Madison, IN plan to stay at least 5 years?

As of early 2026, 48% of users say they plan to stay for at least 5 years

Are the streets well-lit in Madison, IN?

As of early 2026, 47% of users say streets are well-lit

Is Madison, IN walkable to restaurants?

As of early 2026, 44% of users say it's walkable to restaurants

Are there community events in Madison, IN?

As of early 2026, 33% of users say there are community events

Is Madison, IN walkable to grocery stores?

As of early 2026, 28% of users say it's walkable to grocery stores

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 5207 E State Route 56?

The closest schools to 5207 E State Route 56 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).

How big is the lot at 5207 E State Route 56?

The lot at 5207 E State Route 56 in Madison, IN is about 55.9 acres .

5207 E State Route 56, Madison, IN 47250

OFF MARKET

$24,000

Tax assessed value

Studio
1 Bath
720 sqft (on 55.91 acres)

5207 E State Route 56, Madison, IN 47250

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

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
7440 E Riverside Dr, Madison, IN	2.19	Single-Family Home	$50,000	04/15/26	2	2	1,347
691 Locust Rd, Milton, KY	3.41	Single-Family Home	$875,000	06/15/26	5	3	4,181
1635 E Telegraph Hill Rd, Madison, IN	3.37	Single-Family Home	$245,000	08/12/26	3	2	1,248

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
5862 E State Route 56, Madison, IN 47250	0.60	-	-	-	-	Off Market
400 N Windy Point Rd, Madison, IN 47250	0.38	$1,098,500	5	2.5	4,812	Off Market
5000 E State Route 56, Madison, IN 47250	0.30	-	-	-	-	Off Market
5300 E State Route 56, Madison, IN 47250	0.12	-	-	-	-	Off Market

Local Information

Map ViewExplore the area around 5207 E State Route 56.
Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
Shop & Eat

-- mins to

Commute Destination

Home Highlights

Single-Family Home

Built in 1900

55.91 acre lot

720 sqft

About this House

This single-family home is located at 5207 E State Route 56, Madison, IN. 5207 E State Route 56 is in Madison, IN and in ZIP code 47250. This property has 1 bathroom and approximately 720 sqft of floor space. This property has a lot size of 55.91 acres and was built in 1900.

5207 E State Route 56, Madison, IN 47250 is a studio, 1 bathroom, 720 sqft single-family home built in 1900. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,189/month.

Home Details for 5207 E State Route 56

Interior Features
Levels, Entrance, & Accessibility Stories: 1

Exterior Features
Exterior Home Features Roof: Other

Property Information
Year Built Year Built: 1900
Property Type / Style Property Type: Single Family Home

Lot Information
Lot Area: 55.91 acres

Price and Tax history

Date	Event	Price
Jul 2, 2026 Source: SIRA #202607248	ListingRemoved	$98,000
May 6, 2026 Source: SIRA #202607248	PriceChange	$98,000 Price increased by 9%
Apr 8, 2026 Source: SIRA #202607248	Listed For Sale	$90,000

Year	Property tax	Tax assessment
2025	$465	$24,000

Additional Cost

Market trends in Madison

Last updated July 2026

Avg. sale price

—

Sale-to-List Price

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Price per sq ft

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Available listings

102

9MoM

Around this home

Rykers' Ridge Elementary School
PK-4
Public
194 Students
Madison Consolidated Schools
7/10
GreatSchools Rating
Parent Rating Average
I Love Rykers Ridge! This School and the teachers in it have been the best School for my kids! Both my kids have improved their grades and both are getting A's in every class! We Love the teachers and the School! :)
Parent Review
8y ago
4 Reviews

View nearby schools on GreatSchools

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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
Resident
1y ago
"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.
Resident
6y ago
"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
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Quenton T.
Resident
6y ago
"Wonderful place to live. Small Town life with larger city amenities. Quiet and peaceful with a vibrant community. "
0
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Samvin107
Resident
6y ago
"There’s quite a few families and a church a block away and a nursing home next to the church. Very quiet neighborhood "
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Pam T. W.
Resident
7y ago
"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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Robert Danehy
Resident
7y ago
"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!!"
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Robert Danehy
Resident
7y ago
"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."
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Jessica D.
Resident
7y ago
"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
Resident
7y ago
"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
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Aschmidlapprn11
Resident
7y ago
"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
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Ericanapier05
Resident
7y ago
"Beautiful scenery, great neighborhood, close to town, wildlife, low traffic. Good school selection public and private. "
0
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Cotydunn05
Resident
8y ago
"This neighborhood sits back away from busier roads. A nice little cul-de-sac where kids play and people wave! "
2
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Ambergaraas1976
Resident
8y ago
"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
Resident
8y ago
"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. "
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LGBTQ Local Legal Protections

Frequently asked questions about 5207 E State Route 56

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 5207 E State Route 56?
The closest schools to 5207 E State Route 56 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).
How big is the lot at 5207 E State Route 56?
The lot at 5207 E State Route 56 in Madison, IN is about 55.9 acres.