4515 N Paper Mill Road, Madison, IN 47250

$509,000
4
BD
2
BA
2,468
SqFt

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List Price
$509,000
Status
ACTIVE
Days on Market
1
MLS#
2026012604
Subtype
Residential
Style
Two Story
Architectural Style
Two Story
Construction Status
Other
Year Built
1855
Bedrooms
4
Bathrooms
2
Full Baths
2
Living Area
2,468
Lot Size
217,800
Acres
5
MLS Area Major
All Other Areas

Property Description

Historic 1855 home on 5 acres. Built more than 170 years ago of solid brick, this residence retains it's robust construction and period character. The home has been fully rewired, plumbed, insulated, and features Pella windows throughout. The roof and gutters were new in 2023. 2,468 sq ft with 4 bedrooms and 2 full baths. The primary bedroom includes his-and-hers closets and an en-suite bath with a clawfoot tub and separate shower. Original wood floors in much of the house, oak cabinetry, and stainless appliances. Concrete patio overlooks open fields and mature trees. A standout feature is the 36×54 high-ceiling pole barn garage (2019), fully insulated and heated for workshop, storage, or multi-use. Located just outside Madison city limits—3.2 miles from McDonald’s and 4.3 miles from Walmart—it offers convenient access to daily needs while retaining a distinctly rural setting near historic Madison. Authentic mid-19th-century brick architecture paired with practical modern updates.

Additional Information

Interior Features
Eat-in Kitchen, Bath in Primary Bedroom, Utility Room
Exterior Features
Deck, Patio
Taxes
$1,236
Property Description
Two Story
Zoning
Agri/ Residential
Appliances
Dishwasher, Microwave, Oven, Range, Refrigerator
Heating
Forced Air, Hot Water, Other
Air Conditioning
Central Air
Stories
2
Levels
Two
Foundation
Stone, Cellar
Parking Features
No Garage

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Listing courtesy of Paradigm Realty Solutions, LLC.