Madison County is a county in Indiana. It covers 453 square miles (289,882 acres), which represents less than one percent of the state total. Of the 92 counties in Indiana, Madison County ranks 13th in terms of the size of its population (129,723, according to 2015 Census estimates). Recent Lands of America data places the average value of land for sale in Madison County at $31,215 per acre. The average list price of property and land for sale was $267,200 (the most expensive listing being for $394,500) and the median acreage of land for sale in Madison County was nine acres. Land for sale in Madison County totaled 17 acres and $534,400 in overall land value, with the city of Anderson featuring the most land for sale in the county. Farmland was the most common type of land for sale in Madison County.