
423 SW ALDERENE PARK WAY, MADISON, FL, 32340
Active54 days on marketListed Aug 20, 2026MLS #A4703557
About this home
423 SW ALDERENE PARK WAY
Diamond in the Rough! Incredible home situated on a secluded 1.65-acre property surrounded by expansive views of nature, peace, and quiet. If you're looking for privacy, space, and an opportunity to create something special, this property has tremendous potential. The home offers generous living space with a flexible floor plan, hardwood flooring, a wood-burning fireplace, and plenty of natural light. Outside, the property truly stands apart with mature surroundings, an in-ground pool, and plenty of room to enjoy the peaceful setting. The property needs some work and is being offered As-Is, providing a great opportunity for a buyer to add their own personal touches and make it their own. Enjoy country-style privacy while still being within convenient reach of Madison and area amenities. Bring your vision—this is a property with space, privacy, and possibilities that are hard to find.
Facts & features
The home at a glance
3
Bedrooms
3.5
Bathrooms
2,340
Sqft
1.65 ac
Lot size
2
Garage
1975
Year built
Three Or More
Levels
$150
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$2,775 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,775/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Madison
Get to know Madison. See the full Madison guide →
MADISON 32340 — neighborhood snapshot
Population
10,424
Median age
45
Median income
$43,393
Median home value
$115,900
Avg household
2.25
Households w/ children
920
For the school run
Madison County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Madison market
$25K → $114K
Madison median sold, yr/yr
Median sold price, Madison, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 49% above the MADISON 32340 median. See the full Madison market guide →
Paper trail
This home's history
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
John Carpenter
CFO/Broker · CENTURY 21 Edge
Tours, negotiation, and every question about 423 SW ALDERENE PARK WAY — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 423 SW ALDERENE PARK WAY — before you fall in love.
See it in person
Schedule a tour
Live availability from John's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
423 SW ALDERENE PARK WAY FAQs
What would the monthly payment be for 423 SW ALDERENE PARK WAY?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,775/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 423 SW ALDERENE PARK WAY?+
The most recent tax bill on record (2025) was $4,798. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Madison?+
At $350,000, this home is listed about 49% above the Madison median of $235,000. The market section on this page shows how the area is trending.
Which schools are assigned to 423 SW ALDERENE PARK WAY?+
Madison County Central School (elementary), Madison County High School (high) — Madison County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$350,000 runs 49% above the MADISON 32340 median — but at 2,340 sqft it's also 45% larger than the typical Madison listing.
02Your own pool
A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.
03The price has already moved
Listed at $400,000, now $350,000 — a $50K cut. The full history is in the market section below.
Listing courtesy of REALTY ONE GROUP MVP · Troy Funk. MLS #A4703557.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
Never miss a listing
New Madison homes, in your inbox
Like 423 SW ALDERENE PARK WAY but not quite? A daily digest of every new listing in Madison — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask John to ping you on any price or status change →