HomeInsuranceQts

Home Insurance in Markleville, Indiana

Homes in Markleville carry a median value of $184,200 - 14% higher than the Madison County median.

The typical home in Markleville was built around 1969. About 37% of homes were built before 1960, about 5 points below Madison County's 42%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.

In Markleville, the housing stock is 93% single-family homes, 1% apartments in buildings with 5+ units and 1% mobile or manufactured homes.

In Markleville, about 78% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.

Markleville has an owner-occupancy rate of 82% and a vacancy rate of 4%; unoccupied homes typically need a different coverage form.

77% of homes in Markleville are primarily heated with natural gas.

FEMA rates Madison County's overall risk as Relatively Low, led by strong wind (Relatively High). Madison County had 219 active NFIP flood policies as of September 2026. See the full Madison County home insurance overview for all FEMA hazard ratings and flood coverage details.

The statewide average premium for a standard HO-3 homeowners policy in Indiana is $1,259 per year, according to the NAIC homeowners insurance report (2023 data).

Key figures

Median home value$184,200
Median year built1969
Owner-occupied share82%
Share of owner-occupied homes with a mortgage78%
Top county hazardStrong Wind (Relatively High)
Active NFIP policies in Madison County219
Home insurance premium$1,259 - statewide average (NAIC, 2023 data)
Key home insurance figures for Markleville, IN

Nearby towns

Sources

Data last updated: 2026-09-29