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Vacant Residential Lot for Sale
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508 W Madison Street, Kokomo, IN 46901

LAND - Kokomo, IN

Property SizeContact for details
Lot Size0.09 Acres
Days on Market383

Property Features for 508 W Madison Street

General Information

Property type Land
Property subtype Other
Lot features Level, City, Near Walking Trail
Elementary school Lafayette Park
Middle school Central
High school Kokomo
Elementary school district Kokomo-Center Township Cons. S.D
Middle school district Kokomo-Center Township Cons. S.D
High school district Kokomo-Center Township Cons. S.D
Directions NW of downtown on the north side of W Madison St between Courtland and Webster.
Subdivision Howard County
Standard status Active
APN 34-03-25-383-011.000-002
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 4051
Tax Description RG Smith's 1st Addn Lot 8 (57' W End)
Tax Annual Amount 252
Legal Description RG Smith's 1st Addn Lot 8 (57' W End)
Listing Agency: Griffin Realty Holdings LLC
Listed By: Donald Griffin · License #RB14026537
Added: Jul 25, 2025 Changed: Jul 6 Last Checked: Aug 11 at 5:06PM
MLS# 202529240

Copyright © 2026 Indiana Uplands Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This is a vacant residential lot offered for sale in an established neighborhood. The property consists of a small, undeveloped parcel well-suited for buyers looking to build within the existing area context.

The northeast part of the Cloverleaf Trail is described as being right in front of the property. The listing also notes the lot is just blocks from downtown Kokomo, with convenient access to shopping, dining, and the farmers market.

Zoning information for the R5 district is referenced as attached, including district intent, permitted uses, and exceptions. Interested buyers can review the provided R5 materials to confirm what can be built and how the property may be used.

Key Highlights

  • Prime location just blocks from downtown Kokomo.
  • Direct access to the Cloverleaf Trail.
  • Convenient access to shopping, dining, and the farmers market.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic Parking Lot & Garage Daycare Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

889
Businesses Nearby

Demographics for 46901, IN

38,072
Population
18,307
Households
2.1
Avg Household Size
41
Median Age
17%
College-Educated
90%
High-School Grad
140.9 sq mi
ZIP Area
270
Density / Sq Mi
$61,041
Median Household Income
$37,107
Median Earnings
$869
Median Rent
$131,700
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Vacant lot in an established neighborhood with R5 zoning information provided for buyer review.
Where is this residential land & home lot located?
The property is located at 508 W Madison Street Kokomo, IN.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Prime location just blocks from downtown Kokomo.; Direct access to the Cloverleaf Trail.; Convenient access to shopping, dining, and the farmers market.
More about this property
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