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8273 E State Road 56 , Madison, IN 47250

$235,000

4
beds
2
baths
2,154
sqft
1900
year built

Location is key, and this property sits between two of the "Best Small Midwest Towns in America," according to USA Today. Conveniently located between Madison and Vevay, this versatile 10 acre tract offers a mix of residential, recreational, and small business potential. The parcel features about 1,100 feet of State Road 56 frontage and roughly 100 feet on E Splinter Ridge Road. A paved road that once served as the main highway now winds privately through the property, creating a unique paved drive for walking, biking, or vehicle access. Originally built in 1900, the historic home reflects craftsmanship from its era, still visible in portions of the rafters and framing. The residence has been improved with a new HVAC system, furnace, water filtration system, roof, windows, and kitchen cabinets. There are four bedrooms according to County GIS plus 2 bathrooms and a laundry room. There are several other rooms for storage or office use. The property also includes barns and outbuildings suitable for equipment storage, workshops, or other uses. The tract adjoins Splinter Ridge Fish and Wildlife Area, providing access to an additional 127 acres of public hunting and recreation ground. Several mature deer have been harvested as wildlife move along the wooded hillsides and nearby crop fields. Lower portions of the property feature native Pawpaw trees, while mature Oak, Maple, Hickory, and Sycamore cover the upper canopy. Outdoor recreation continues beyond the property, with nearby public ramps to the Ohio River and Indian-Kentuck Creek for fishing, boating, and waterfowl hunting. The location offers quick access to shopping and dining in Madison and Vevay, with Belterra Casino and multiple golf courses within an hour's drive. The Milton-Madison Bridge provides easy access into Kentucky, just ten minutes away. This property's combination of versatility, accessibility, and recreation potential makes it a standout in southeastern Indiana.

Highlights

  • Residential
  • Single Family Residence
  • Built in 1900
  • 10.0 Acre Lot
  • Waterfront
  • 1 Car Garage
  • 365 days on Market

  • Bedrooms
    4
  • Bathrooms
    2
  • Year Built
    1900
  • Architectural Style
    Farmhouse
  • Construction Materials
    Wood Siding
  • Foundation
    Stone
  • Garage Spaces
    1.0
  • Parking Features
    Gravel, Detached
  • Living Area
    2154.0
  • Appliances
    Electric Oven
  • Exterior Features
    Storage
  • Patio And Porch
    Deck
  • Cooling
    Central Air
  • Heating
    Electric
  • Basement
    Walk-Out Access, Unfinished, Exterior Entry

  • Acres
    10.0
  • Lot Features
    Wooded, Waterfront
  • Water Front Features
    Creek
  • Water Front
    Yes
  • View
    Trees/Woods, Forest, Creek/Stream, Rural
  • Utilities
    Electricity Connected
  • Water
    Private, Well

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Frequently Asked Questions

How do I schedule a tour of 8273 E State Road 56?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 8273 E State Road 56.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 8273 E State Road 56?

Click Ask a Question to talk with our team. You already know it is a 4 bed, 2 bath, listed for $235,000. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Madison, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 8273 E State Road 56?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 8273 E State Road 56 at around $1,274. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 8273 E State Road 56?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Jefferson County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 8273 E State Road 56?

In most cases, yes. Whether 8273 E State Road 56 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Madison's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 8273 E State Road 56?

We can handle that for you. Our preferred local agent specializes in residentials in Madison and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $235,000 with 2,154 sqft of space—that comes out to approximately $109 per square foot.

How long has this property been on the market?

8273 E State Road 56 was listed on November 08, 2025, which means it's been on the market for 365 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1900, making it approximately 126 years old.

What is the lot size of this property?

8273 E State Road 56 sits on a 10.0-acre lot, which is 435,600 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Middle: Madison Consolidated Jr High Sch

Want to see how these schools compare? Check out our Jefferson County School Guide to see ratings, reviews, and more for the schools in the area.

Is 8273 E State Road 56 still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information submitted to the MLS GRID as of November 08, 2026 at 03:51AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.