Valley Court Apartments — affordable housing community minutes from downtown Madison, IN

For Sale

559 Ovo Dr, Madison, IN 47250

This Madison property for sale is located at 559 Ovo Dr. Contact the listing broker for details on the current sale price for Valley Court Apartments — affordable housing community minutes from downtown Madison, IN. Valley Court Apartments — affordable housing community minutes from downtown Madison, IN is situated on a lot that is 2.86 acre in size.

Contacts

broker
Bryce Wetzel
broker
Tyler Hague
broker
Lauren Stoliar

Property Details

  • Property Type Other
  • Lot Size 2.86 Acre
  • Parking Spaces Avail. 96
  • Year Built 2000
  • Date Updated Jun 26, 2025

Colliers is pleased to present Valley Court Apartments, a 48-unit 100% affordable community located in Madison, IN. The property was placed in service in 2000 under the Section 42 Low-Income Housing Tax Credit (LIHTC) program with a 15-year compliance period that is followed by a 25-year extended use period. With a proven track record of stable occupancy and well below max allowable rents, new ownership will acquire a cash-flowing asset with potential long term upside.

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Getting around

  • 35/100

    Walk Score ®

  • 40/100

    Bike Score ®

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Location

  • City Madison, IN
  • Zip Code 47250

Points of Interest

  • Murphy USA

    0.16 miles

  • Kroger

    0.17 miles

  • Circle K

    0.56 miles

  • Speedway

    0.80 miles

  • ChargePoint

    3.29 miles

  • Visitors' parking

    2.62 miles

  • Pool Parking

    2.73 miles

  • Hickory Grove

    2.87 miles

  • Trail 3 Parking

    2.87 miles

  • Lookout Point

    3.08 miles

  • Lilly Memorial

    3.10 miles

  • Overflow Parking

    3.19 miles

  • Super 8

    0.20 miles

  • Holiday Inn Express & Suites Madison

    0.37 miles

  • Best Western of Madison

    1.10 miles

  • Hillside Inn

    3.14 miles

  • Clifty Inn

    3.26 miles

  • Comfort Inn

    4.76 miles

  • Kroger

    0.12 miles

  • Walmart Supercenter

    0.28 miles

  • ALDI

    0.41 miles

  • Big Lots

    2.06 miles

  • Rulers

    3.19 miles

  • Grocery Outlet

    3.20 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Valley Court Apartments — affordable housing community minutes from downtown Madison, IN
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