Home And Barns Located Between Madison And Vevay With Highway Frontage, Great Rental Opportunity

New FOR SALE

County

Jefferson County

Acreage

10 ±

Price

$300,000

New

County

Jefferson County

Acreage

10 ±

Price

$300,000

Address

8273 State Road 56
Madison, IN 47250
View on Google Maps

Description

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 approximately 1,100 feet of State Road 56 frontage and about 100+ feet of frontage on E Splinter Ridge Road. Another paved road, which once served as the main highway, now winds privately through the property, offering a unique paved drive for walking, biking, or vehicle access.

Originally built in 1900, the historic home showcases craftsmanship that is occasionally visible in the original structure, such as in the rafters and framing. The residence has several new updates, including a new HVAC system, furnace, water filtration system, roof, windows, and kitchen cabinets. According to the county GIS, there are four bedrooms and two bathrooms, along with several additional rooms suitable for storage or office use. The property also includes barns and outbuildings that could serve a variety of uses, from equipment storage to workshop space.

The tract directly adjoins Splinter Ridge Fish and Wildlife Area, providing access to an additional 127 acres of public land for hunting and recreation. Several mature deer have been taken off the property as wildlife travels the wooded hillsides and feeds in the nearby crop fields. The lower portions of the property contain native Pawpaw trees, while mature Oak, Maple, Hickory, and Sycamore dominate the upper canopy.

Outdoor recreation extends beyond the property lines, with nearby public ramps to the Ohio River and Indian-Kentuck Creek offering fishing, boating, and waterfowl hunting opportunities. The property’s location allows quick access to shopping and dining in both Madison and Vevay, with the Belterra Casino and multiple golf courses within an hour’s drive. The Milton–Madison Bridge provides easy access to Kentucky, just ten minutes away. This property’s combination of income opportunities, accessibility, history, and recreational potential makes it a truly unique opportunity in southeastern Indiana.

Property Listing

Type

Recreational Land, Residential Land, Hunting Land

Road Frontage

State Highway

Road Surface

Pavement

Outbuildings

Shop, Barn


Media

Other Property Details

Land Details

  • Timber

Utilities

  • electric: onsite
  • internet: onsite

Features/Improvements

  • Small Game
  • Big Game
  • Predators
  • Creek/Spring
  • Trail Network
  • Internal Road System
  • Seller's Mineral Rights Convey

Coordinates

38.7245, -85.2319

Annual Taxes

$711


Legal

The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage, frontage, and mapping boundary lines shared herein has not been independently verified and is for purposes of marketing only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.

COOPERATING BROKER COMPENSATION: Please contact Listing Agent/Broker for terms of cooperating Buyer Broker compensation. Terms of compensation, if any, shall be ascertained by cooperating brokers before beginning efforts to accept the offer of cooperation. Buyer’s Agents/Brokers must be identified, by Buyers and/or their Brokers/Agents, on the first contact with Listing Broker/Agents to receive compensation. Otherwise, compensation will be at the sole discretion of the Seller, Broker, and Whitetail Properties Real Estate, LLC.

Real Estate Commissions and Cooperating Broker Compensation, if any, are fully negotiable and is not fixed or controlled by law, by Whitetail Properties Real Estate, LLC (or any division/trade name/DBA of), or its Agents/Brokers.


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Listing Agent

Bradley Garrison

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