Madison, IN

Madison is a city located in the state of Indiana. As of the 2010 census, Madison had a population of 66,721. The city is home to two universities: the University of Wisconsin- Madison and Indiana University-Purdue University Indianapolis. Madison was founded in 1836 and was named for James Madison, fourth president of the United States.

Real estate in Madison is typically expensive due to its proximity to both major cities. The average list price for a home in Madison was $269,000 as of September 2016. The median home value in Madison was $154,500 as of September 2016. The city has seen an increase in home values over the past few years and there are currently several homes available for sale at prices above $300,000.