108 Cherry Trace, Madison, IN 47250
Property image
Property image
SOLD
JUN 2, 2026

108 Cherry Trace
Madison, IN 47250

  • 5 Beds
  • 3.5 Baths
  • 4,080 sqft (on 0.47 acres)

$572,750

Last Sold: Jun 2, 2026
3% below list $589K
$140/sqft
Est. Refi. Payment $3,301/mo*
Refinance Your Home

$572,750

Last Sold: Jun 2, 2026
3% below list $589K
$140/sqft
Est. Refi. Payment $3,301/mo*
Refinance Your Home
5 Beds
3.5 Baths
4,080 sqft
(on 0.47 acres)

Local Information

  • Map ViewExplore the area around 108 Cherry Trace.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Welcome to this beautifully crafted 4,080 sq. ft., 5-bedroom, 3.5-bath home on Madison’s hilltop in the Cherry Trace subdivision. Located on a quiet dead-end street, this property offers minimal traffic & a peaceful setting. A charming wraparound covered front porch welcomes you inside, where quality craftsmanship & thoughtful finishes are evident throughout. The main level is designed for both everyday living & entertaining, featuring an beautifully updated kitchen w/SS appliances, a center island, custom MIHER cabinetry, & quartz countertops that flow seamlessly into the large dining area & family room w/cozy fireplace. The primary suite is a true retreat, offering a large walk-in closet & updated ensuite bath w/jetted tub & walk-in shower. The finished walk-out basement expands your living space w/a large family room, wet bar, & a versatile multi-purpose room—ideal for a home gym, office, or guest space. Step outside to enjoy a lower patio overlooking the in-ground pool and spacious fenced backyard, perfect for entertaining & outdoor fun. An upper-level deck provides even more space to relax and take in the setting. Many recent updates incl. new pool liner & pool pump & new vinyl fencing. This home has been meticulously maintained & thoughtfully updated. Conveniently located near schools, shopping, golf courses, & quick access to historic downtown Madison. This property offers the ideal blend of comfort, space, and location.
108 Cherry Trace, Madison, IN 47250 is a 5 bedroom, 4 bathroom, 4,080 sqft single-family home built in 1991. It last sold for $572,750 on Jun 2, 2026 (3% below the $589,000 asking price). It is currently off market. The Trulia Estimate is $574,700, with a rent estimate of $3,945/month.

Home Highlights

Parking
3 Car Garage
Outdoor
Porch, Patio, Deck, Pool
A/C
Heating & Cooling
HOA
None
Price/Sqft
$140/sqft
Listed
39 days ago

Home Details for 108 Cherry Trace

Interior Features

Interior Details
Basement: Full,Finished,Walk-Out AccessNumber of Rooms: 16Types of Rooms: Master Bedroom, Bedroom, Dining Room, Family Room, Full Bath, Half Bath, Kitchen, Living Room, OtherWet Bar
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 4080 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Disposal, Microwave, Oven, Range, RefrigeratorDishwasherDisposalLaundry: Main Level,Laundry RoomMicrowaveRefrigerator
Heating & Cooling
Heating: Heat PumpHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Heat Pump
Fireplace & Spa
Number of Fireplaces: 1Fireplace: GasHas a FireplaceHas a SpaJetted Bath Tub
Windows, Doors, Floors & Walls
Window: Blinds, Thermal Windows
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: Covered, Deck, Patio, PorchFencing: Yard FencedExterior: Deck, Fence, Paved Driveway, Porch, PatioFoundation: Poured
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3Has a GarageHas an Attached GarageHas Open ParkingParking Spaces: 3Parking: Attached,Garage Faces Front,Garage,Garage Door Opener
Pool
Pool: In Ground, PoolPool
Frontage
Road Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 2636 Square FeetFinished Area (below surface): 1444 Square Feet

Days on Market

Cumulative Days on Market: 113

Property Information

Year Built
Year Built: 1991
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Two Story
Building
Construction Materials: Brick, Vinyl Siding, FrameNot a New Construction
Property Information
Condition: ResaleParcel Number: 390827441003000007

Price & Status

Price
List Price: $589,000Price Per Sqft: $140/sqft
Status Change & Dates
Off Market Date: Tue Apr 28 2026Possession Timing: Negotiable

Active Status

MLS Status: Closed

Location

Direction & Address
City: MadisonCommunity: Cherry Trace Subdivision

Building

Building Area
Building Area: 4080 Square Feet

HOA

Association for this Listing: Southern Indiana REALTORS AssociationNo HOA

Lot Information

Lot Area: 0.47 acres

Listing Info

Special Conditions: Short Sale

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Miscellaneous

BasementMls Number: 202605822Living Area Range Units: Square FeetAttribution Contact: 812-265-3122Above Grade Unfinished Area: 2636Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-18077-N-390827441003000007-R-N

Additional Information

Days On Market Replication: 113
Last check for updates: about 9 hours ago
Listed by Scott Lynch
F.C. Tucker/Scott Lynch Group
Bought with: Van Crafton, JPAR Aspire
Originating MLS: Southern Indiana REALTORS Association
Source: SIRA, MLS#202605822

Price History for 108 Cherry Trace

DatePriceEventSource
06/02/2026$572,750Sold
SIRA #202605822
04/04/2026$589,000PriceChange
SIRA #202605822
02/09/2026$599,000Listed For SaleSIRA #202605822
07/09/2012$259,900Sold
SIRA #J20120029
01/24/2012$259,900Listed For SaleAgent Provided
04/06/2009$154,490Sold
N/A

Market trends in Madison

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
92
1MoM
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Property Tax and Assessment

Year2025
Tax$3,126
Assessment$394,400
Home facts updated by county records

Comparable Sales for 108 Cherry Trace

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
114 Cherry Trace, Madison, IN
0.07
Single-Family Home
$409,000
11/10/25
3
2.5
2,336
124 Cherry Trace, Madison, IN
0.17
Single-Family Home
$340,000
06/26/26
3
3
2,518
330 State Street, Madison, IN
0.23
Single-Family Home
$285,000
06/30/26
4
2
2,058
209 Sunrise Drive, Madison, IN
0.30
Single-Family Home
$350,000
06/04/26
3
2
1,569
308 Maple Hill Drive, Madison, IN
0.31
Single-Family Home
$309,900
04/27/26
3
2
1,653
121 Wray Street, Madison, IN
0.40
Single-Family Home
$175,000
12/12/25
5
1
2,736
333 Highland Drive, Madison, IN
0.54
Single-Family Home
$243,500
08/08/25
5
2.5
2,242
141 Hooten Blvd, Madison, IN
0.20
Single-Family Home
$215,000
11/12/25
3
1.5
1,218
130 Jessup Lane, Madison, IN
0.17
Single-Family Home
$219,900
07/01/26
3
1.5
1,266

Nearby homes

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Assigned Schools

These are the assigned schools for 108 Cherry Trace.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Madison

At least 44 Trulia users voted on each feature.

  • 87 % Say car is needed

  • 79 % Say it's dog friendly

  • 79 % Say yards are well-kept

  • 78 % Say there's holiday spirit

  • 77 % Say people would walk alone at night

  • 68 % Say there's wildlife

  • 67 % Say parking is easy

  • 59 % Say kids play outside

  • 56 % Say it's quiet

  • 55 % Say there are sidewalks

  • 53 % Say neighbors are friendly

  • 48 % Say they plan to stay for at least 5 years

  • 47 % Say streets are well-lit

  • 44 % Say it's walkable to restaurants

  • 33 % Say there are community events

  • 28 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Colemoederzoon3
    "Very touristy, very historical. Very quaint lots of festivals year round. Theres a lot of good people in this town. Homes are quite expensive though. Road maintenance could help out"
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  • Kaylee H.
    "A great well rounded community and very great place to live. Schooling is amazing and there are so many activities that family can do and many different attractions for people from outside of town. "
    4
    Flag
  • Quenton T.
    "Wonderful place to live. Small Town life with larger city amenities. Quiet and peaceful with a vibrant community. "
    0
    Flag
  • Samvin107
    "There’s quite a few families and a church a block away and a nursing home next to the church. Very quiet neighborhood "
    0
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  • Pam T. W.
    "Lots of music almost every weekend in the summer. Great little shops on Main Street. Lovely river walk. Everyone makes you feel welcome. "
    0
    Flag
  • Robert Danehy
    "Most beautiful historical society in the country! People are the friendliest that you will ever meet. Gorgeous River Front. Best Festival's in the country in the Summer. 5 different Schools.. About 69 of the most beautiful church's you ever seen. Moved here 2 years ago and now i don't ever want to leave!!"
    4
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  • Robert Danehy
    "Madison is the most beautiful historical society in the country! An the people here are the most friendly that you will ever meet. Church's beautiful church's. Fine Dinning. Choice of Schools. Most beautiful River Front in the state! Nite life is fantastic. None tru out the country for are festivals. An about 40 minutes each way Cincinnati to the East an Louisville to the West. Parks for kids everywhere."
    0
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  • Jessica D.
    "My neighborhood is pretty quiet. There are a few stray cats but nothing major. I am close to shopping and restaurants. "
    0
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  • Aschmidlapprn11
    "There are lots of sidewalks to walk the dogs on. There is a walkway around the lake near our house as well so it is healthy and fun for them and us as well. "
    1
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  • Aschmidlapprn11
    "We have lived here for 5 years and we are within a few minutes of everything. We are close to schools, shopping, restaurants and parks"
    1
    Flag
  • Ericanapier05
    "Beautiful scenery, great neighborhood, close to town, wildlife, low traffic. Good school selection public and private. "
    0
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  • Cotydunn05
    "This neighborhood sits back away from busier roads. A nice little cul-de-sac where kids play and people wave! "
    2
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  • Ambergaraas1976
    "It is quiet and is within walking distance to Clifty Park. It is the perfect place to walk the dogs because there are little to no sidewalks in this town. "
    0
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  • Ambergaraas1976
    "It is within walking distance to Clifty Falls state park. Since this town has very few sidewalks it is nice to take the dogs there to walk without a lot of traffic. "
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Off Market Homes Near 108 Cherry Trace

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IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.