8273 State Road 56, Madison, IN 47250 - Jefferson County

Location is key, and this property sits between two of the Best Small Midwest Towns in America, according to USA Today. Conveniently located between Madison and Vevay, this versatile 10 acre tract offers a mix of residential, recreational, and small business potential. The parcel features approximately 1,100 feet of State Road 56 frontage and about 100+ feet of frontage on E Splinter Ridge Road. Another paved road, which once served as the main highway, now winds privately through the property, offering a unique paved drive for walking, biking, or vehicle access.Originally built in 1900, the historic home showcases craftsmanship that is occasionally visible in the original structure, such as in the rafters and framing. The residence has several new updates, including a new HVAC system, furnace, water filtration system, roof, windows, and kitchen cabinets. According to the county GIS, there are four bedrooms and two bathrooms, along with several additional rooms suitable for storage or office use. The property also includes barns and outbuildings that could serve a variety of uses, from equipment storage to workshop space.The tract directly adjoins Splinter Ridge Fish and Wildlife Area, providing access to an additional 127 acres of public land for hunting and recreation. Several mature deer have been taken off the property as wildlife travels the wooded hillsides and feeds in the nearby crop fields. The lower portions of the property contain native Pawpaw trees, while mature Oak, Maple, Hickory, and Sycamore dominate the upper canopy.Outdoor recreation extends beyond the property lines, with nearby public ramps to the Ohio River and Indian-Kentuck Creek offering fishing, boating, and waterfowl hunting opportunities. The property’s location allows quick access to shopping and dining in both Madison and Vevay, with the Belterra Casino and multiple golf courses within an hour’s drive. The MiltonMadison Bridge provides easy access to Kentucky, just ten minutes away. This property’s combination of income opportunities, accessibility, history, and recreational potential makes it a truly unique opportunity in southeastern Indiana.