About This Home

This 4-bedroom, 2-bathroom single family at 4515 N Paper Mill Road in Madison, IN is listed for $509,000 ($206 per sqft). Built in 1855, the home offers 2,468 sqft of living space on a 5.00 acres lot.

Key Features

  • Built in 1855
  • 5.00 acre lot
  • 2 stories

Property Details

2 stories
2 full
1855

Amenities

A/C
Listing 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. Virtual Tour:

Monthly Cost Estimate

$2,722/mo

20% down · 6.5% · 30 years

Principal$368
Interest$2,206
Insurance$148

Estimates only. Actual payments may vary.

Location

4515 N Paper Mill Road

Madison, IN 47250

Features & Amenities

Interior Features

1st Floor UtilityBath MainEat-in KitchenSump Pump

Exterior Features

DeckPatio

Property Details

Outdoor Features

DeckPatio

Heating

Hot Water(Heating)Forced Air

Cooling

Central Air

Appliances

DishwasherMicrowaveRange / OvenRefrigerator

Questions & Answers

This 4-bedroom, 2-bathroom single family at 4515 N Paper Mill Road is listed at $509,000 ($206/sqft). The estimated monthly payment is $2,722 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1855, 5.00 acre lot, 2 stories. Interior Features: 1st Floor Utility, Bath Main, Eat-in Kitchen. Exterior Features: Deck, Patio.

This property is listed by Josh Vida.

JV

Josh Vida

Agent at Paradigm Realty Solutions, LLC

Listed by Paradigm Realty Solutions, LLC · Broker phone: (574) 361-3933 · View on Broker Site · Broker website

MLS# 2026012604· Source: Southern Indiana REALTORS Association· 14 days on PropertySimple

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

4515 N Paper Mill Road, Madison, IN 47250

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