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Downtown Madison Vacant Land Lot
For Sale
$34,900

962 Walnut Street, Madison, IN 47250

Vacant downtown lot in Madison, Indiana, suitable for residential buildout or storage unit development, pending utility verification.

Property Size5,662 SF
Price / SF$6.16
Days on Market424

Property Features for 962 Walnut Street

General Information

Standard status Active
Size 5,662 SF
Property subtype Land
Zoning Residential

Taxes and HOA fees

Annual Taxes $136
Listing Agency: eXp Realty, LLC
Listed By: Austin A Ketcham · License #RB19001273
Source: Compass
Added: Jun 11, 2025 Changed: Aug 8 Last Checked: Mar 25 at 7:18PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty, LLC

Investment Insights

Based on property information with market context.

This listing offers a vacant land parcel in downtown Madison. The property is undeveloped, giving buyers flexibility to pursue either residential construction or storage unit development, subject to applicable approvals and verification of site services.

The seller notes that the buyer should verify utility availability. Prospective buyers should confirm feasibility for their intended use during due diligence.

Because the lot is currently vacant, it presents a clean starting point for ground-up development based on the buyer’s plans and confirmed utility service.

Key Highlights

  • Vacant land in downtown Madison, Indiana
  • Suitable for residential buildout or storage unit development
  • Buyer to verify utility availability

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Building Supply Parking Lot & Garage HVAC Service Electrical Service Grocery & Convenience Store (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

37
Businesses Nearby

Demographics for 47250, IN

22,596
Population
10,534
Households
2.1
Avg Household Size
42
Median Age
19%
College-Educated
89%
High-School Grad
211.4 sq mi
ZIP Area
107
Density / Sq Mi
$56,667
Median Household Income
$36,950
Median Earnings
$857
Median Rent
$179,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Vacant downtown lot in Madison, Indiana, suitable for residential buildout or storage unit development, pending utility verification.
Where is this residential land & home lot located?
The property is located at 962 Walnut Street Madison, IN.
What is the asking price?
The asking price for this property is $34,900.
What are key features of this property?
This property features: Vacant land in downtown Madison, Indiana; Suitable for residential buildout or storage unit development; Buyer to verify utility availability
More about this property
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