581 S Indian Cave Rd, Madison, IN 47250 (MLS# 1658741)

$45,000

581 S Indian Cave Rd
Madison, IN 47250
MLS# 1658741

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Property Description
Discover the perfect canvas for your dream home in the picturesque River Bluff Estates! This stunning lot offers an ideal setting to bring your vision to life. Prime location with being minutes from Historic Downtown Madison and Madison's Hilltop. City water and sewer is available. Schedule your showing today!

Details

Maps

Documents

None

Current Price: $45,000

Contract Info

Original List Price: 45000

Listing Date: 2024-04-17

Listing Price: 45000

List Price/Acre: 50561.8

Property Sub Type: Residential Land

HOA Y/N: No

HOA Fee: No

Location, Tax & Legal Info

Street #: 581

St Dir: S

Street: Indian Cave

St Suffix: Rd

Area: 12-Other Counties

Sub Area: A

County: Jefferson

State/Province: IN

Zip Code: 47250

Parcel ID: 391301200028000006

Deed Bk: 2021

Pg #: 00818

Subdivision/Condo: RIVER BLUFF

Directions: From Jefferson Street head East onto Main Street, then make a left onto East Street. In 0.2 miles make a right onto Telegraph Hill. In 1.1 miles make a right onto Indian Cave Road, the lot will be on your left near at the end of the cul-de-sac.

Coop Comm: 2.75

Disclosure: No

Geo Lat: 38.736693

Geo Lon: -85.357049

General Property Description

Dedicated Road?: N

Frontage: 119

Acres: 0.89

Lot Dimensions: Odd

Zoning: Residential

Restrictions: Yes

Flood Plain: No

Status Change Info

Status: Active

Property Features

Lot Description: Cleared; Cul De Sac; See Remarks

Lot Access: Paved Road

Utilities: Public Sewer; Public Water

Listing Documents

Covenants & Restrictions

Plat Map

Listing Office: EXP Realty LLC

Last Updated: April - 29 - 2024

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Points, Annual Property Taxes, Annual Insurance and Private Mortgage Ins. (PMI) are all optional. If you enter values, the periodic portion of each will be calculated and shown on the schedule. Property taxes and insurance are combined under escrow.

If a borrower does not have cash to cover at least 20% of the purchase price, some lenders will require the borrower to purchase private mortgage insurance (PMI) to cover against a possible default. Premiums are typically 0.5% to 2.0% of the original loan amount. The borrower can drop the insurance coverage once the mortgage balance is less than 80% of the original purchase price. The calculator handles this automatically. (There may be other conditions as well under which the lender will no longer require PMI. One such case might be apprciation of the real estate.)

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