488 W Hutchinson Ln, Madison
$1,400,000
3 Bedrooms
1 Bath
1892 Sq. Ft.
  • 488 W Hutchinson Ln Madison IN 47250 | MLS 202405138 Photo 1
  • 488 W Hutchinson Ln Madison IN 47250 | MLS 202405138 Photo 2
  • 488 W Hutchinson Ln Madison IN 47250 | MLS 202405138 Photo 3
  • 488 W Hutchinson Ln Madison IN 47250 | MLS 202405138 Photo 4
  • 488 W Hutchinson Ln Madison IN 47250 | MLS 202405138 Photo 5
  • Property Details
    • Property Type:Single Family
    • MLS#:202405138
    • Status:Active
    • Sq. Feet:1892
    • On Site:115 Days
    • Lot Size:44.82 Acres
    • School System:N/A

    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.

    Price History
    Price has not changed since being added to the site on 1/5/2024.
    Community Information
    Address:488 W Hutchinson Ln
    County:Jefferson_In
    Neighborhood:N/A
    State:IN
    City:Madison
    Zip Code:47250
    Architecture
    Bedrooms:3
    Bathrooms:1
    Stories:2
    Year Built:1900
    Construction Materials: Aluminum Siding, Frame
    Building Area: 1892.0
    Style:Two Story
    Rooms
    SizeLevel
    Master BedroomFirst
    OtherFirst
    BedroomSecond
    BedroomSecond
    KitchenFirst
    Living RoomFirst
    Property Features / Amenities
    Lot Size: 44.82 Acres
    Lot Features: Split Possible
    Frontage Length: 1300
    Lot Size (Sq.Ft.): 1952359.2
    Garage Spaces: 2.0
    Parking Features: Detached, Garage
    Sewer: Public Sewer
    Water: Connected, Public
    Road Surface: Paved
    Zoning: Residential
    Interior Features: Eat-in Kitchen
    Laundry: Main Level, Laundry Room
    Exterior Features: Porch
    Patio And Porch: Porch
    Other Structures: Garage(s), Shed(s)
    Basement: Crawl Space
    Total Rooms: 6
    Directions: North side of Hutchinson Lane at corner of Cragmont St. and Hutchinson Ln.
    Tax and Financial Info
    Tax Annual Amount: $3, 893
    Terms: Conventional
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    Listing Information Last Updated 4/28/2024

    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker/Scott Lynch Group 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. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

    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. Information deemed reliable but is not guaranteed.

    Patrick Lynch

    Patrick Lynch

    (812) 701-0077

    215 East Main Street Ste. 1

    Madson, IN 47250

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