#1679156, Listing Office: EXP Realty LLC
Property details
About 1007 Park Ave
Two contiguous building lots located in the heart of downtown Madison, offering endless possibilities for investors or homeowners. Build two separate homes for resale or rental income, or create your dream home on both lots combined for a larger property footprint. All city utilities available: water, sewer, electric, and gas. 2 water meters in place. Situated just minutes from downtown Madison's restaurants, shops, and all the events offered throughout the year. Lot A spans 0.145 acres with dimensions of 37.5 x 168, while Lot B covers 0.181 acres with dimensions of 37.5 x 200 x 50 x 32 x 12.5 x 168. The setbacks are as follows: Front: 0 feet and Side: 3 feet, with a height restriction of 45 feet. Zoned HDR. Before digging out hillside, DNR must be contacted. Both lots are being sold together, seller will not sell separately. Copy and paste the following link for survey with legal description of the properties: https://bit.ly/1007-1009survey
Highlights
Home typeResidential Land
StatusActive
Lot size0.33 Acres
MLS #1675729
ViewSee Remarks, Trees/Woods
Summary
- View: See Remarks, Trees/Woods
- List Price: $39,500
- Annual Tax Amount: $438
- Tax Year: 2023
- Lot: See Remarks, Wooded, Survey Available
- Directions: From Jefferson head east on Main Street. Lots will be located on your left in 0.6 miles.
- Lot Size: 0.33 Acres
- MLS Number: 1675729
- MLS Name: Metro Search (Greater Louisville Association of REALTORS®)
- Office Name: EXP Realty LLC
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2025, 9:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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1007 Park Ave
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $21,900 | $438 |
| 2021 | $18,300 | $648 |
| 2020 | $18,300 | $366 |
| 2018 | $18,300 | $366 |
| 2017 | $18,300 | $366 |
History based on county public records data.
Nearby schools
7
Lydia Middleton Elementary School
Public District PK-4
1.2 mi
•714 W Main St
4
Anderson Elementary School
Public District PK-4
2.8 mi
•2325 Cherry Dr
1
Milton Elementary School
Public District PK-6
2.9 mi
•9245 Highway 421 N
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $55,099. The most common annual income of people living in Madison, IN is between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
29%
<35k
52%
35k-100k
15%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
40%
Single, No Kids
13%
Single, with Kids
30%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
9%
12-17 yrs old
19%
18-34 yrs old
45%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Extreme Sports
NASCAR
Where do the neighbors shop?
Kmart
Academy Sports & Outdoors
Dollar General
Where do the neighbors go to eat?
Bob Evans
Little Caesars
Cracker Barrel
What do the neighbors drive?
Buick
Chevrolet
Ram
What do the neighbors listen to?
Oldies
Country- Classic Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1007 Park Ave
The listing price of 1007 Park Ave property is $39,500.
The property 1007 Park Ave is land located in Madison, Indiana, 47250.
Active Listing: 1007 Park Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1007 Park Ave are: Lydia Middleton Elementary School (GreatSchools Rating 7/10), Anderson Elementary School (GreatSchools Rating 4/10), Milton Elementary School (GreatSchools Rating 1/10), Madison Consolidated Jr High School (GreatSchools Rating 5/10), Southwestern Middle School (GreatSchools Rating 3/10), Carroll County Middle School (GreatSchools Rating 3/10), Madison Consolidated High School (GreatSchools Rating 5/10), Southwestern High School (GreatSchools Rating 4/10), Trimble County Jr/Sr High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $438 (source: MLS/based on county public records data).
The property 1007 Park Ave is 0.33 acres.
This home is located at 1007 Park Ave in Madison, IN and zip code 47250. Features: 0 bathroom. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $39,500.
While more than 0 listings in Madison, IN in April 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 0 were sold below. Between March and April 2025, Madison, IN real estate market has seen decrease in the number of listings by 27.3%.
From Rocket Homes Real Estate and based on county public records data.