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488 W Hutchinson Lane

Madison, IN 47250
  • $1,400,000
  • STATUS: Active
  • ON SITE: 45 Days
  • ID#: 202405138
UPDATED: 61 min ago
$1,400,000
  • 3
    BEDS
  • 44.82
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,892
    SQFT
  • $740
    $/SQFT
Neighborhood:
Type:
Farm
Built:
1900
County:
Area:

School Ratings & Info

Description

Check out this PRIME real estate opportunity for possible new subdivision/development on Madison's hilltop. Almost 45 acres, currently zoned for R4 residential. This property is in a very desirable location - just on the edge of town, but close to many businesses, which could make this a highly sought after for a new homes development. The current house on the property is in need of major repairs. The current spacious garage on the property is in great condition and can be used for immediate storage of equipment or bldg supplies. Water and electricity are already on the property as well, which provides a great opportunity to get a running start on the new construction this community truly needs. Be the one to create a nice development of new homes for Madison - call today! There is currently a tenant living in the house, but there is no lease with the tenant.

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© 2024 Southern Indiana Realtors Association. All rights reserved. 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 is deemed reliable but is not guaranteed accurate by the MLS or WSG Homes and Properties | Keller Williams Louisville East. Data last updated: 2024-02-20T19:04:42.057.
www.wsghomesandproperties.com/homes/146427455
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488 W Hutchinson Lane Madison, IN 47250

  • Price: $1,400,000
  • Status: Active
  • On Site: 45 Days
  • Updated: 61 min ago
  • ID#: 202405138
3
Beds
1
Baths
0
½ Baths
44.82
Acres
1,892
SQFT
$740
$/SQFT
1900
Built
Neighborhood:
Madison
County:
Jefferson_In
Area:
Madison
Property Description
Check out this PRIME real estate opportunity for possible new subdivision/development on Madison's hilltop. Almost 45 acres, currently zoned for R4 residential. This property is in a very desirable location - just on the edge of town, but close to many businesses, which could make this a highly sought after for a new homes development. The current house on the property is in need of major repairs. The current spacious garage on the property is in great condition and can be used for immediate storage of equipment or bldg supplies. Water and electricity are already on the property as well, which provides a great opportunity to get a running start on the new construction this community truly needs. Be the one to create a nice development of new homes for Madison - call today! There is currently a tenant living in the house, but there is no lease with the tenant.
Exterior Features

Architectural Style Two Story Attached Garage YN No Construction Materials Aluminum SidingFrame Exterior Features Porch Foundation Details Cellar Frontage Length 1300 Garage YN Yes Lot Features Split Possible Other Parking Off Street Other Structures Garage(s)Shed(s) Parking Features DetachedGarage Patio And Porch Features Porch Road Surface Type Paved

Interior Features

Above Grade Finished Area 1892 Basement Crawl Space Basement YN Yes Below Grade Finished Area 0 Building Area Total 1892 Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating Other Interior Features Eat-in Kitchen Laundry Features Main LevelLaundry Room Levels Two Rooms Total 6

Property Features

Association YN No Home Warranty YN No Lease Considered YN No Listing Terms Conventional New Construction YN No Occupant Type Tenant Possession Negotiable Property Sub Type Farm Property Sub Type Additional Farm Sewer Public Sewer Tax Annual Amount 3893 Township Madison Water Source ConnectedPublic Zoning Description Residential

Listing courtesy of Jackie Armel Greene at Coldwell Banker Harrell & Asso: 812-265-3000.


© 2024 Southern Indiana Realtors Association. All rights reserved. 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 is deemed reliable but is not guaranteed accurate by the MLS or WSG Homes and Properties | Keller Williams Louisville East. Data last updated: 2024-02-20T19:04:42.057.
 
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