845 N Borcherding Road, Madison, IN 47250
Property image
Property image
OFF MARKET

$250,600

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,344 sqft (on 8.60 acres)

845 N Borcherding Road, Madison, IN 47250

Est. Refi. Payment $1,504/mo*
Refinance Your Home
Currently Off Market - Sold Oct 24, 2025 for $160,000

Home Value

Trulia Estimate
$251K
Since last month
Increased$3K (+1.3%)
Since last year
Increased$84K (+50.6%)
Since last sale
Increased$91K (+56.6%)
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 +67% in the last 10 years
MonthEstimated value
2026
August 2026$251K
July 2026$247K
June 2026$252K
May 2026$164K
April 2026$164K
March 2026$162K
February 2026$161K
January 2026$160K
2025
2024
2023
2021
2020

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
1260 N Borcherding Road, Madison, IN
0.37
Single-Family Home
$219,000
08/21/26
3
1.5
1,350
955 Northwood Drive, Madison, IN
0.12
Single-Family Home
$27,000
04/10/26
3
1
768
1498 N 450 W, Madison, IN
0.91
Single-Family Home
$215,000
05/21/26
3
2
2,171
265 Meadow Lane, Madison, IN
0.73
Single-Family Home
$500,000
09/15/25
4
2
2,100
76 S Country Manor, Madison, IN
1.34
Single-Family Home
$245,000
03/31/26
3
2
1,257
107 Country Manor Boulevard, Madison, IN
1.36
Single-Family Home
$249,900
01/21/26
3
2
1,452
139 S Paradise Lane, Madison, IN
1.40
Single-Family Home
$241,000
03/20/26
3
2
1,458
120 W Greene Court, Hanover, IN
1.29
Single-Family Home
$359,900
03/19/26
3
2
1,600
140 W Marion Drive, Hanover, IN
1.35
Single-Family Home
$300,000
06/19/26
3
2
1,700

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
955 Northwood Drive, Madison, IN 47250
0.12
$27,000
3
1
768
Recently Sold
3955 Interstate Block Road, Madison, IN 47250
0.19
$257,600
4
2
1,440
Off Market
4000 W Interstate Block Road, Madison, IN 47250
0.27
-
-
-
-
Off Market
1220 N Borcherding Road, Madison, IN 47250
0.33
$251,100
3
2
1,176
Off Market
1253 N Borcherding Road, Madison, IN 47250
0.34
$202,000
3
1.5
1,280
Off Market
1260 N Borcherding Road, Madison, IN 47250
0.37
$219,000
3
1.5
1,350
Recently Sold
4131 W Interstate Block Road, Madison, IN 47250
0.41
$283,500
2
1.5
1,485
Off Market
3050 Clifty Drive, Madison, IN 47250
0.48
-
-
-
-
Off Market
1375 N Borcherding Rd, Madison, IN 47250
0.49
$199,000
3
2
1,088
Off Market
338 Meadow Lane, Madison, IN 47250
0.66
$622,100
4
3
3,349
Off Market
3703 W Long Way, Madison, IN 47250
0.66
$224,900
4
2
1,620
Off Market

Local Information

  • Map ViewExplore the area around 845 N Borcherding Road.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2015
Lot Size
8.6 acres
Living Area
1,344 sqft
Price/Sqft
$186

About this House

This home is located on over 8 acres. The property is HUD owned and sold in as is condition. HUD case #156-502382. It has potential, but there are some repairs needed.
845 N Borcherding Road, Madison, IN 47250 is a 3 bedroom, 2 bathroom, 1,344 sqft single-family home built in 2015. It last sold for $160,000 on Oct 24, 2025 (8% below the $173,600 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $250,600, with a rent estimate of $1,960/month.
Last check for updates: about 2 hours ago
Listed by Jessica Risacher
F.C. Tucker Real Estate Expert
Bought with: Chris Hembree, Realty ONE Group River Valley
Originating MLS: Southern Indiana REALTORS Association
Source: SIRA, MLS#202508930

Home Details for 845 N Borcherding Road

Interior Features

Interior Details
Basement: Crawl Space
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1344 Square Feet
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace

Exterior Features

Exterior Home Features
Foundation: Crawlspace
Parking & Garage
No Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Septic Tank
Finished Area
Finished Area (above surface): 1344 Square Feet

Days on Market

Cumulative Days on Market: 126

Property Information

Year Built
Year Built: 2015
Property Type / Style
Property Type: ResidentialProperty Subtype: Manufactured Home, Single Family ResidenceArchitecture: Manufactured Home
Building
Not a New Construction
Property Information
Parcel Number: 390831000009003006

Price & Status

Price
List Price: $173,600
Status Change & Dates
Off Market Date: Fri Sep 12 2025Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: Madison

Building

Building Area
Building Area: 1344 Square Feet

HOA

Association for this Listing: Southern Indiana REALTORS Association

Lot Information

Lot Area: 8.6 Acres

Listing Info

Special Conditions: In Foreclosure, Real Estate Owned

Offer

Listing Terms: Cash, Conventional, Other

Mobile R/V

Mobile Home Park
Mobile Home Type: Double Wide

Miscellaneous

Mls Number: 202508930Living Area Range Units: Square FeetAttribution Contact: 812-352-6300Above Grade Unfinished Area: 1344Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-18077-N-390831000009003006-R-N

Price and Tax history

DateEventPrice
Oct 24, 2025
Source: SIRA #202508930
Sold
$160,000
Feb 7, 2025
Source: N/A
Sold
$166,532
Apr 22, 2021
Source: Metro Search Inc. LLC DBA Apex MLS #1575951
Sold
$137,555
Feb 17, 2021
Source: SIRA #2020012467
PriceChange
$139,900
Price decreased by 3%
Feb 4, 2021
Source: Agent Provided
PriceChange
$144,900
Price decreased by 3%

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 845 N Borcherding Road

  • What is 845 N Borcherding Road estimated to be worth?
    Trulia's estimated value for 845 N Borcherding Road in Madison, IN is $250,600.
  • What is the price history for 845 N Borcherding Road?
    845 N Borcherding Road in Madison, IN last sold for $160,000 in October 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 845 N Borcherding Road have air conditioning?
    Yes, 845 N Borcherding Road in Madison, IN has air conditioning.
  • How big is the lot at 845 N Borcherding Road?
    The lot at 845 N Borcherding Road in Madison, IN is about 8.6 acres.

Explore by feature - Air Conditioning

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