Redfin is joining Rocket

Discover how we're simplifying your journey home.

$350,000

500 Madison 5550 Elkins, AR 72727

3 beds
2 full
2,136 sqft
6.2 acres
$164 / sqft
House

Property details

About 500 Madison 5550

Privacy! Privacy! Privacy plus amazing views. Don’t miss out on this rare opportunity to own a home with beautiful acreage located only 25 minutes from Fayetteville. Almost 6.25 acres offers you plenty of room for gardening and animals. Fish in the nearby White River or your own stocked pond on site. There is plenty of fencing and two barns as well. New metal roof in 2017. Bonus room, no closet, could be used as fourth bedroom. Parcel#001=02879-000 has the house Parcel#001-02879-003 has pond behind house Security cameras and above ground pool do not convey.

Highlights

Home typeSingle Family Residence
HeatingPropane
StatusActive
CoolingDuctless, Window Unit(s)
Size2,136 sqft
Lot size6.23 Acres
Year built1900
ParkingRV Access/Parking
MLS #1312732
ViewSeasonal View

Summary

  • Full Bathrooms: 2
  • Appliances: Dryer, ENERGY STAR Qualified Appliances, Gas Cooktop, Gas Oven, Gas Range, Microwave, Water Heater, Plumbed For Ice Maker
  • Basement: No
  • Flooring Type: Carpet, Ceramic Tile, Laminate
  • Interior: Attic, Built-in Features, Ceiling Fan(s), Storage
  • Total Bedroom Count: 3
  • Parking: RV Access/Parking
  • View: Seasonal View
  • Exterior: Gravel Driveway
  • Heating: Propane
  • Cooling: Ductless, Window Unit(s)
  • List Price: $350,000
  • Price/SqFt: $163
  • Annual Tax Amount: $458
  • Tax Year: 2023
  • Lot: Cleared, Trees, Level, Open Lot, Rural Area, Views
  • Directions: From Fayetteville- Take 16E towards Elkins for 22.5 miles, turn left at County Rd 314/ County Rd 314 (crossing the White River). Stay right to Madison 5550. House on left. GPS takes you right to it.
  • Year Built: 1900
  • Stories: 1
  • Living Area: 2,136 SqFt
  • Lot Size: 6.23 Acres
  • MLS Number: 1312732
  • MLS Name: ARKMLS
  • Office Name: Crye-Leike REALTORS Fayetteville
  • Office Email: dennisway@me.com

Broker Reciprocity Disclaimer: IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2025 Northwest Arkansas Board of Realtors 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: 7/30/2025, 5:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Apr 28, 2022
Home Sold
$233,500
Dec 06, 2016
Home Sold
$144,001

Tax history

YearAssessmentProperty Tax
2023$26,740$458
2022$26,740$467
2021$26,740$467
2020$20,360$467
2018$20,360$418
2017$20,360$418

History based on county public records data.

Nearby schools

5

St. Paul Elementary School

Public District PK-6

6.3 mi

176 4th St

8

Elkins Elementary School

Public District 3-5

13.4 mi

349 N Center St

4

Huntsville Intermediate School

Public District 3-5

18.4 mi

437 Park Ave

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 $56,283. Residents of Elkins, AR typically earn between $35k-100k each year. The most common type of family is married, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

33%
<35k
59%
35k-100k
5%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

30%
Single, No Kids
8%
Single, with Kids
38%
Married, No Kids
24%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
8%
12-17 yrs old
17%
18-34 yrs old
47%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • HuntingHunting
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Dollar GeneralDollar General
  • Wal-MartWal-Mart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • OldsmobileOldsmobile
  • RamRam
  • DodgeDodge

What do the neighbors listen to?

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

Frequently asked questions

About 500 Madison 5550

The listing price of 500 Madison 5550 property is $350,000.

The property 500 Madison 5550 is a house located in Elkins, Arkansas, 72727.

Active Listing: 500 Madison 5550 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 500 Madison 5550 are: St. Paul Elementary School (GreatSchools Rating 5/10), Elkins Elementary School (GreatSchools Rating 8/10), Huntsville Intermediate School (GreatSchools Rating 4/10), Elkins Middle School (GreatSchools Rating 9/10), Huntsville Middle School (GreatSchools Rating 6/10), West Fork Middle School (GreatSchools Rating 5/10), St. Paul High School (GreatSchools Rating 5/10), Elkins High School (GreatSchools Rating 8/10), Huntsville High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2023 is $458 (source: MLS/based on county public records data).

The last sale was on April 28, 2022 for $233,500 (source: MLS/tax record).

The property at 500 Madison 5550 has 3 bedrooms and 2 bathrooms.

The property 500 Madison 5550 is 2,136 SqFt (source: MLS/tax record).

The year of construction for 500 Madison 5550 is 1900.

This home is located at 500 Madison 5550 in Elkins, AR and zip code 72727. This 2,136 square foot home, which was built in 1900, sits on a 6.23 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 27, 2025 and is currently priced at $350,000.

Elkins, AR housing market in June 2025 saw over 3 listings sold above listed price, more than 0 sold at listed price and over 4 sold below. The number of homes for sale in Elkins, AR decreased by 5.7% between May and June 2025. The median list price of listings available in June 2025 was $265,000, while the average time on the real estate market was 107 days.

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

More resources