$392,900
5 Beds
2.5 Baths
2,444 sqft (on 0.38 acres)
116 Cherry Trce, Madison, IN 47250
Est. Refi. Payment $2,315/mo*
Refinance Your HomeHome Value
Trulia Estimate
$393KSince last month
Decreased$8K (-2%)Since last year
Increased$23K (+6.3%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +86% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $391K |
| August 2026 | $391K |
| July 2026 | $399K |
| June 2026 | $401K |
| May 2026 | $393K |
| April 2026 | $387K |
| March 2026 | $378K |
| February 2026 | $370K |
| January 2026 | $365K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.22 | Single-Family Home | $215,000 | 11/12/25 | 3 | 1.5 | 1,218 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $364,800 | 3 | 3 | 2,184 | Off Market | |
1.58 | $232,100 | 2 | 2 | 1,980 | Off Market | |
0.02 | $409,000 | 3 | 2.5 | 2,336 | Recently Sold | |
10.25 | $669,700 | 4 | 3 | 3,844 | Off Market | |
0.05 | $412,400 | 4 | 3.5 | 3,464 | Off Market | |
0.04 | $518,500 | 5 | 3 | 4,400 | Off Market | |
0.04 | $397,900 | 4 | 2.5 | 2,363 | Off Market | |
1.66 | $374,200 | 3 | 2 | 2,866 | Off Market | |
1.97 | $220,000 | 3 | 2 | 1,950 | Off Market | |
0.02 | $396,300 | 3 | 2.5 | 2,352 | Off Market | |
0.05 | $414,700 | 3 | 3 | 2,702 | Off Market |
Local Information
- Map ViewExplore the area around 116 Cherry Trce.
- Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1989
Lot Size
0.38 acres
Living Area
2,444 sqft
Price/Sqft
$161
Parking
Garage
About this House
For sale by owner! Due to the COVID19 situation, we are offering virtual tours only at this time. Contact Cheryl at 812-493-5901 to arrange a virtual tour or to ask questions about the home.
This traditional style, brick and stone two-story home on quiet, established cul-de-sac on Madison's hilltop is ideal for a family with kids at Pope John/Shawe Memorial - no driving to kids' activities! Cherry Trace also has the nicest neighbors in all of Madison. This home has five bedrooms and 2.5 baths. Great back yard with privacy fencing, large deck, storage barn, and above-ground pool for summer fun. The pool has a new liner and pump in 2018. There is a basketball goal by driveway for shooting practice. There is a large asphalt drive and two car garage with attic. There are many perennials that bloom at various times of the year. The uniques stone entry with the red door leads to a lovely foyer which opens up to the formal living room, large eat-in kitchen with stainless steel appliances to stay, formal dining room with vaulted ceiling, tv room with cozy natural gas fireplace, crown mouldings, chair rails, and built-in bookshelves, powder room, plus an office or 5th bedroom. The laundry room has wood cabinetry and the high-capacity Whirlpool W & D to stay. The two story stairway leads to the upstairs with its large three-room master suite with tray ceiling and crown mouldings, tiled shower and jetted tub, linen closet, and large walk-in closet. There are three additional bedrooms upstairs and a good size bathroom with linen closet and tub/shower combo. Other perks of this home include newer roof and updated heat pump HVAC system, new neutral carpeting throughout home in 2018, and wood look laminate flooring in entry, kitchen, dining, powder room, and laundry. Underground utilities including high speed fiber optic internet and cable. The owners are empty nesters who are downsizing; some furnishings may be purchased separately. This home was appraised in April 2020 for more than the asking price and recently received a clear termite inspection. Tax and utility information available by request. Text or call with any questions.
This traditional style, brick and stone two-story home on quiet, established cul-de-sac on Madison's hilltop is ideal for a family with kids at Pope John/Shawe Memorial - no driving to kids' activities! Cherry Trace also has the nicest neighbors in all of Madison. This home has five bedrooms and 2.5 baths. Great back yard with privacy fencing, large deck, storage barn, and above-ground pool for summer fun. The pool has a new liner and pump in 2018. There is a basketball goal by driveway for shooting practice. There is a large asphalt drive and two car garage with attic. There are many perennials that bloom at various times of the year. The uniques stone entry with the red door leads to a lovely foyer which opens up to the formal living room, large eat-in kitchen with stainless steel appliances to stay, formal dining room with vaulted ceiling, tv room with cozy natural gas fireplace, crown mouldings, chair rails, and built-in bookshelves, powder room, plus an office or 5th bedroom. The laundry room has wood cabinetry and the high-capacity Whirlpool W & D to stay. The two story stairway leads to the upstairs with its large three-room master suite with tray ceiling and crown mouldings, tiled shower and jetted tub, linen closet, and large walk-in closet. There are three additional bedrooms upstairs and a good size bathroom with linen closet and tub/shower combo. Other perks of this home include newer roof and updated heat pump HVAC system, new neutral carpeting throughout home in 2018, and wood look laminate flooring in entry, kitchen, dining, powder room, and laundry. Underground utilities including high speed fiber optic internet and cable. The owners are empty nesters who are downsizing; some furnishings may be purchased separately. This home was appraised in April 2020 for more than the asking price and recently received a clear termite inspection. Tax and utility information available by request. Text or call with any questions.
116 Cherry Trce, Madison, IN 47250 is a 5 bedroom, 3 bathroom, 2,444 sqft single-family home built in 1989. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $392,900, with a rent estimate of $3,133/month.
Home Details for 116 Cherry Trce
|
|---|
Heating & Cooling Heating: Heat Pump, ElectricAir ConditioningCooling System: CentralHeating Fuel: Heat Pump |
Levels, Entrance, & Accessibility Stories: 2Floors: Carpet, Laminate, Linoleum Vinyl |
Interior Details AtticNumber of Rooms: 9Types of Rooms: Walk In Closet, Dining Room, Family Room, Laundry Room, Master Bath, OfficeCeiling Fan |
Appliances & Utilities Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher |
Fireplace & Spa FireplaceJetted Bath Tub |
Windows, Doors, Floors & Walls Double Paned Windows |
|
|---|
Exterior Home Features Roof: AsphaltDeckFoundation Type: Crawl RaisedGardenLawn |
Pool Pool |
Parking & Garage GarageParking: Garage Attached, Off Street |
|
|---|
Year Built Year Built: 1989 |
Property Type / Style Property Type: Single Family Home |
|
|---|
Lot Area: 0.38 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 24, 2021 Source: N/A | ListingRemoved | |
Sep 21, 2020 Source: N/A | ListingRemoved | $269,900 |
Jun 24, 2020 Source: N/A | Pending | $269,900 |
Dec 12, 2019 Source: N/A | PendingToActive | $269,900 |
Dec 12, 2019 Source: N/A | Pending | $269,900 |
Dec 11, 2019 Source: N/A | Listed For Sale | $269,900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,429 | $299,200 |
Home facts updated by county records
Market trends in Madison
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
102
9MoM
Around this home
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 116 Cherry Trce
- What is 116 Cherry Trce estimated to be worth?Trulia's estimated value for 116 Cherry Trce in Madison, IN is $392,900.
- Is Madison a buyer's or seller's market?Madison is currently a buyer's market, based on recent for-sale activity.
- What do residents say about Madison?Residents describe Madison, IN as dog-friendly, well-kept, and easy to park in. Most residents say you need a car. See recently sold homes in Madison, IN.
- What are the closest schools to 116 Cherry Trce?The closest schools to 116 Cherry Trce in Madison, IN are Anderson Elementary School (Pre-K, rated 3/10), Madison Consolidated High School (rated 6/10), Madison Consolidated Jr High School (Elementary, rated 6/10).
- Does 116 Cherry Trce have air conditioning?Yes, 116 Cherry Trce in Madison, IN has air conditioning.
- Does 116 Cherry Trce have a pool?Yes, 116 Cherry Trce in Madison, IN has a pool.
Explore by feature - Air Conditioning
PET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
APPLY INSTANTLYFURNISHED
APPLY INSTANTLY
NEW - 2 HRS AGOAPPLY INSTANTLYPET FRIENDLY
Apartments for Rent
- PET FRIENDLY
- APPLY INSTANTLYFURNISHED
- APPLY INSTANTLY
See more homes for rent inMadison
Off Market Homes Near 116 Cherry Trce
SOLDAUG 26, 20261 Percent Lists Indiana Real Estate, Sold
See more homes for sale inMadison
Homes for sale near 116 Cherry Trce
FOR SALE BY OWNER0.36 ACRES
0.79 ACRESSGA Enterprises, Inc.- See more homes for sale inMadison
- Results are loading