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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.PROPERTY FEATURES
Rooms Total : 6
Water Source : Connected,Public
Sewer System : PublicSewer
Parking Features : Porch
Garage Spaces: 2
Garage : Yes.
Exterior Features : Porch
Lot Features : SplitPossible
Road Surface Type : Paved
Architectural Style : TwoStory
Property Sub-Type Additional : Farm
Zoning : Residential
Zoning Description : Residential
Construction Materials : AluminumSiding,Frame
Foundation Details: Cellar
Interior Features : EatinKitchen
Basement Description : CrawlSpace
Laundry Features : MainLevel,LaundryRoom
Above Grade Finished Area : 1892 S.F
PROPERTY DETAILS
Street Address: 488 W Hutchinson Lane
City: Madison
State: Indiana
Postal Code: 47250
MLS Number: 202405138
Year Built: 1900
Courtesy of Coldwell Banker Harrell & Asso
City: Madison
State: Indiana
Postal Code: 47250
MLS Number: 202405138
Year Built: 1900
Courtesy of Coldwell Banker Harrell & Asso
Courtesy of United Real Estate Louisville