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Single Family ResidenceResidential
$112,810$118 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 94How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026

505 W MADISON ST

ALEXANDRIA, IN 46001
2
Beds
1
Baths
960 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.12 ac
Lot SizeThe size of the land the home sits on, from county records.
1980
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
5
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$113K
$106K low$120K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,384 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$60,300 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$6,800
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$53,500
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$55,400
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$60,300

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.41
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
6
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
72
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
88
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
42
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMADISON
Lot (acres)The size of the land the home sits on, from county records.0.12
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.No Foundation
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 41 ft²

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Alexandria Monroe Academy and Central Office
Elementary · Grades 7–12 · 0.2 mi
M
Alexandria-Monroe High SchoolC-
Middle · Grades 7–12 · 1.0 mi

District: Alexandria Community School Corporation

Neighborhood · ZIP 46001These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.99
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.141
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.35

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.90%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.13%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.8.0%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.11,721
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.157 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$66,287
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$84,775
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.40 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.55%

Owner Tools

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

505 W Madison St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 77% of homes in Alexandria 46001
  • Smaller than 89% of homes in Alexandria 46001
  • Has a smaller lot than 90% of homes in Madison County
  • Newer than 77% of homes in Alexandria 46001

What homes are worth in Alexandria 46001

Each bar is how many homes fall in that price range. The marker is this home.

This home
$52K$491K

This home is worth more than 23% of homes in Alexandria 46001.

How it measures up in Alexandria 46001

The dot is this home. The mark in the middle is the typical home in Alexandria 46001.

Estimated value$112,810
CheaperTypical $168,662Pricier

Pricier than 23% of homes nearby

Price per ft²$118
CheaperTypical $111Pricier

Pricier than 57% of homes nearby

Living area960 ft²
SmallerTypical 1,530 ft²Bigger

Bigger than 11% of homes nearby

Lot size0.12 ac
SmallerTypical 0.34 acBigger

Bigger than 14% of homes nearby

Year built1980
OlderTypical 1961Newer

Newer than 77% of homes nearby

How 505 W Madison St ranks against every home in each area.
MeasureThis homeAlexandria 46001Madison County
Estimated valuepricier than$112,81023% of homes26% of homes
Price per ft²pricier than$11857% of homes49% of homes
Living areabigger than960 ft²11% of homes14% of homes
Lot sizebigger than0.12 ac14% of homes10% of homes
Year builtnewer than198077% of homes74% of homes

About 505 W Madison St

How much is 505 W Madison St, Alexandria, IN worth?

The TopHap Estimate for 505 W Madison St, Alexandria, IN is $112,810 as of Aug 30, 2026. The likely range is $106,076 to $119,544. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 505 W Madison St, Alexandria, IN last sell?

505 W Madison St, Alexandria, IN last sold on Sep 30, 2010, according to the county's recorded deed.

How big is 505 W Madison St, Alexandria, IN?

505 W Madison St, Alexandria, IN has 2 bedrooms, 1 bathrooms, 960 square feet of living space and a 0.12-acre lot.

When was 505 W Madison St, Alexandria, IN built?

505 W Madison St, Alexandria, IN was built in 1980, making it 46 years old. The building has 1 story.

What schools serve 505 W Madison St, Alexandria, IN?

505 W Madison St, Alexandria, IN is assigned to Alexandria Monroe Academy and Central Office (elementary); Alexandria-Monroe High School (middle), rated C-. All sit in Alexandria Community School Corporation. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 505 W Madison St, Alexandria, IN compare to other homes in Alexandria 46001?

Among the 4,700 homes in Alexandria 46001, it is worth more than 23% of them ($112,810 against a typical $168,662), its price per square foot is higher than 57% of them ($118 against a typical $111), it is bigger than 11% of them (960 ft² against a typical 1,530 ft²), its lot is bigger than 14% of them (0.12 ac against a typical 0.34 ac) and it is newer than 77% of them (1980 against a typical 1961). Measured against all of Madison County, it is worth more than 26% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 505 W Madison St, Alexandria, IN?

The 2025 property tax bill for 505 W Madison St, Alexandria, IN was $1,384. The county assessed it at $60,300.

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