1007 Park Ave Madison, IN 47250

$42,500
0.3 acres
Land

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

  • MLS Number: 1675729
  • MLS Name: Metro Search (Greater Louisville Association of REALTORS®)
  • Office Name: EXP Realty LLC

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by other Brokerage firms are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2025 Metro Search, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/4/2025, 8:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$42,500

1007 Park Ave

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Price information

Property sales

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Tax history

YearAssessmentProperty 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

5

Anderson Elementary School

Public District PK-4

2.8 mi

2325 Cherry Dr

3

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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $55,099. Residents of Madison, IN typically earn between $35k-100k each year. The most common type of family is single, no kids. 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 SkatingFigure Skating
  • Extreme SportsExtreme Sports
  • NASCARNASCAR

Where do the neighbors shop?

  • KmartKmart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Little CaesarsLittle Caesars
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • BuickBuick
  • ChevroletChevrolet
  • RamRam

What do the neighbors listen to?

  • OldiesOldies
  • CountryCountry
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1007 Park Ave

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 $42,500.

Over 1 listings were sold over their listed price in January 2025 in Madison, IN. In the same period over 2 listings were sold below the listed price and 1 listings were sold for the listed price. Between December and January 2025, Madison, IN real estate market has seen increase in the number of listings by 10%. The median list price of listings available in January 2025 was $209,900, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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