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

OFF MARKET

5431 E Risks Ridge Rd
Canaan, IN 47224

3 Beds
2 Baths
4,480 sqft (on 5 acres)

$477,900

Trulia Estimate

as of Aug 5, 2026

$477,900

Trulia Estimate

as of Aug 5, 2026

3 Beds

2 Baths

4,480 sqft

(on 5 acres)

Local Information

Map ViewExplore the area around 5431 E Risks Ridge Rd.
Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
Shop & Eat

-- mins to

Commute Destination

Home Highlights

Property Type

Single-Family Home

Year Built

1996

Lot Size

5 acres

Living Area

4,480 sqft

Price/Sqft

$107

Parking

Garage

About this House

This single-family home is located at 5431 E Risks Ridge Rd, Canaan, IN. 5431 E Risks Ridge Rd is in Canaan, IN and in ZIP code 47224. This property has 3 bedrooms, 2 bathrooms and approximately 4,480 sqft of floor space. This property has a lot size of 5.00 acres and was built in 1996.

5431 E Risks Ridge Rd, Canaan, IN 47224 is a 3 bedroom, 2 bathroom, 4,480 sqft single-family home built in 1996. It is currently off market. The Trulia Estimate is $477,900, with a rent estimate of $2,839/month.

Home Details for 5431 E Risks Ridge Rd

Interior Features
Interior Details BasementAtticNumber of Rooms: 5Types of Rooms: Family Room
Heating & Cooling Heating: OtherAir ConditioningCooling System: CentralHeating Fuel: Other
Levels, Entrance, & Accessibility Stories: 1.5

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

Property Information
Year Built Year Built: 1996
Property Type / Style Property Type: Single Family Home

Lot Information
Lot Area: 5.00 acres

Market trends in Madison

Last updated June 2026

Avg. sale price

$253K

Sale-to-List Price

—

Price per sq ft

$153

Available listings

1MoM

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Property Tax and Assessment

Year	2025
Tax	$2,497
Assessment	$243,400

Home facts updated by county records

Comparable Sales for 5431 E Risks Ridge Rd

Address	Distance	Property Type	Sold Price	Sold Date	Bed	Bath	Sqft
4063 E 925 N, Canaan, IN	1.66	Single-Family Home	$127,000	03/31/26	4	2	1,882

Home facts updated by county records

Nearby homes

Get a sense of prices in the area by checking nearby homes.

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OFF MARKET
Est. $184,300
2 bd
1 ba
1,599 sqft
5301 E State Road 62,
Canaan, IN 47224
OFF MARKET
Est. $115,600
2 bd
1 ba
775 sqft
5203 E State Route 62,
Canaan, IN 47224
OFF MARKET
Est. $264,500
3 bd
2 ba
1,540 sqft
5535 E State Route 62,
Canaan, IN 47224
OFF MARKET
Est. $311,300
3 bd
2 ba
1,768 sqft
7100 N Bacon Ridge Rd,
Canaan, IN 47224
OFF MARKET
7499 E State Route 62,
Canaan, IN 47224

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Additional Cost

Assigned Schools

These are the assigned schools for 5431 E Risks Ridge Rd.

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. "
0
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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. "
0
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