5240 SR 56
Madison, IN 47250
1 bd — ba 352 sqft Built 1960 Lot 12,197 sqft single_family
No recorded sales
Location
Timeline: Sale, Listing & Tax History
Recorded events
No recorded events
No sale or listing events are on file for this property.
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $4,300 | $10,700 | $15,000 | $265 |
| 2024 | $3,400 | $10,700 | $14,100 | $263 |
| 2022 | $3,400 | $10,700 | $14,100 | $266 |
| 2021 | $3,100 | $10,700 | $13,800 | $264 |
| 2020 | $3,100 | $10,700 | $13,800 | $260 |
| 2019 | $3,100 | $10,700 | $13,800 | $247 |
| 2018 | $3,000 | $10,700 | $13,700 | $234 |
| 2017 | $3,100 | $10,700 | $13,800 | $231 |
| 2016 | $3,100 | $10,700 | $13,800 | $217 |
| 2015 | $2,900 | $10,700 | $13,600 | $230 |
| 2014 | $2,900 | $10,700 | $13,600 | $212 |
| 2013 | $3,800 | $10,700 | $14,500 | $237 |
| 2012 | $3,800 | $10,700 | $14,500 | $255 |
| 2011 | $600 | $10,700 | $11,300 | $175 |
| 2010 | $600 | $10,700 | $11,300 | $185 |
| 2008 | $600 | $9,400 | $10,000 | $186 |
Property facts
Year built
1960
Property type
single_family
Stories
1
Beds
1
Baths
—
Living area
352 sqft
Lot size
12,197 sqft
ZIP code
47250
City
Madison
Street
SR 56
Coordinates
38.74320, -85.29109
Comparable properties nearby
Frequently asked questions
When did 5240 SR 56 last sell?
No public-record sale is on file for 5240 SR 56.
What is the current tax assessment for 5240 SR 56?
The most recent total assessment for 5240 SR 56 (year 2025) is $15,000 with $265 in property tax.
When was 5240 SR 56 built?
5240 SR 56 was built in 1960.
How does 5240 SR 56 compare to others on SR 56?
We track 8 other properties on SR 56. Browse the list under "Other properties on SR 56" to compare beds, baths, and sale history.
What are the property facts for 5240 SR 56?
5240 SR 56 is a 1 bed, — bath, 352 sqft, 12,197 sqft lot single_family.
Is 5240 SR 56 a flip candidate?
No — 5240 SR 56 does not appear in our flips dataset.
Is 5240 SR 56 a tax-appeal candidate?
No — 5240 SR 56 is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.4%
Implied 1-yr
+9.4%
2026 Q2
$327.5K
2026 Q3
$334.2K
ZIP 47250 — Median Price History + Forecast
Explore nearby
Geography
Other properties on SR 56