116 Madison Ave, Olean, NY 14760
OFF MARKET

$225,000

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 1,840 sqft

116 Madison Ave, Olean, NY 14760

Est. Refi. Payment $1,761/mo*
Refinance Your Home
Currently Off Market - Sold Nov 25, 2019 for $144,000

Home Value

Trulia Estimate
$225K
Since last month
Decreased$3K (-1.2%)
Since last year
Increased$10K (+4.4%)
Since last sale
Increased$80K (+55.8%)
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 +54% in the last 10 years
MonthEstimated value
2026
September 2026$224K
August 2026$227K
July 2026$223K
June 2026$226K
May 2026$225K
April 2026$216K
March 2026$214K
February 2026$211K
January 2026$207K
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
788 Main St, Olean, NY
0.15
Single-Family Home
$222,000
05/01/26
5
2
1,968
788 Main St, Olean, NY
0.15
Single-Family Home
$222,000
05/06/26
4
2
1,968
709 Main St, Olean, NY
0.11
Single-Family Home
$230,000
10/16/25
3
3.5
1,902
1605 Gemini Dr, Olean, NY
0.34
Single-Family Home
$261,500
05/31/26
4
2.5
2,208
1406 Highland Ter, Olean, NY
0.22
Single-Family Home
$325,000
08/06/26
3
2.5
2,212
414 Center St, Olean, NY
0.46
Single-Family Home
$139,000
05/11/26
4
1
1,536
303 W Water St, Olean, NY
0.80
Single-Family Home
$110,000
09/17/26
4
2
1,199
538 Erie St, Olean, NY
0.40
Single-Family Home
$114,000
11/19/25
3
1
960
1604 Stardust Ln, Olean, NY
0.32
Single-Family Home
$232,000
04/07/26
4
2.5
2,544
627 Genesee St, Olean, NY
0.33
Single-Family Home
$220,000
09/29/25
4
2.5
2,696

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
208 Madison Ave, Olean, NY 14760
0.06
$285,400
4
3
1,520
Off Market
213 Madison Ave, Olean, NY 14760
0.07
$122,800
2
1
1,178
Off Market
709 Main St, Olean, NY 14760
0.11
$236,300
3
3.5
1,902
Off Market
768 Main St, Olean, NY 14760
0.10
$219,900
4
2
2,140
For Sale
699 Main St, Olean, NY 14760
0.13
$256,200
3
2
2,304
Off Market
767 Main St, Olean, NY 14760
0.12
$207,000
4
2
1,764
Off Market
675 Main St, Olean, NY 14760
0.17
$266,500
4
2.5
2,256
Off Market
775 Main St, Olean, NY 14760
0.15
$187,000
4
1.5
1,440
Off Market
788 Main St, Olean, NY 14760
0.15
$222,000
5
2
1,968
Recently Sold
805 Main St, Olean, NY 14760
0.20
$209,000
4
1.5
2,014
For Sale
217 Willow St, Olean, NY 14760
0.21
$137,900
4
2
2,112
Off Market
1325 Highland Ter, Olean, NY 14760
0.21
$194,300
6
3.5
2,222
Off Market

Local Information

  • Map ViewExplore the area around 116 Madison Ave.
  • Schools1 Preschool School2 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1910
1,840 sqft
$122/sqft
Garage

About this House

Move right in to this 4 bedroom 2 full bath traditional home in a quiet and convenient neighborhood. Spacious living room with gas fireplace and skylights that bring in the natural sunlight. First floor bedroom or office with family room that is a great space for entertaining. Large screened in porch for quiet enjoyment. Lots of built in cabinets makes for great storage. Private backyard with playhouse or just a place to store more stuff. 1.5 car garage, nice dry basement with the potential to be finished. Newer boiler mate and heating system. Located near the hospital and private golf course.
116 Madison Ave, Olean, NY 14760 is a 4 bedroom, 2 bathroom, 1,840 sqft single-family home built in 1910. It last sold for $144,000 on Nov 25, 2019. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $225,000, with a rent estimate of $1,916/month.

Home Details for 116 Madison Ave

Interior Features

Interior Details
BasementTypes of Rooms: Dining Room
Heating & Cooling
Heating: GasHeating Fuel: Gas
Levels, Entrance, & Accessibility
Stories: 2Floors: Carpet, Laminate
Appliances & Utilities
DishwasherRefrigerator
Fireplace & Spa
Fireplace

Property Information

Year Built
Year Built: 1910
Property Type / Style
Property Type: Single Family HomeArchitecture: Old Style

Exterior Features

Exterior Home Features
Exterior: Vinyl
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Community

Units in Building: 1

Lot Information

Lot Area: 9583 sqft

Price and Tax history

DateEventPrice
Nov 25, 2019
Source: NYSAMLSs #R1199867
Sold
$144,000
Sep 5, 2019
Source: Agent Provided
Pending
$134,500
Jul 24, 2019
Source: Agent Provided
PriceChange
$134,500
Price decreased by 4%
Jun 7, 2019
Source: Agent Provided
Listed For Sale
$139,900
Nov 13, 2017
Source: Agent Provided
ListingRemoved
$139,900

Market trends in Olean

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
63
9MoM

Around this home

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 Olean

At least 74 Trulia users voted on each feature.

  • 88 % Say there are sidewalks

  • 87 % Say yards are well-kept

  • 87 % Say it's dog friendly

  • 83 % Say parking is easy

  • 79 % Say there's holiday spirit

  • 78 % Say car is needed

  • 74 % Say kids play outside

  • 73 % Say it's walkable to restaurants

  • 72 % Say it's walkable to grocery stores

  • 68 % Say streets are well-lit

  • 63 % Say people would walk alone at night

  • 61 % Say there's wildlife

  • 55 % Say neighbors are friendly

  • 51 % Say it's quiet

  • 43 % Say they plan to stay for at least 5 years

  • 26 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Anonymous
    "There are not many kids in the neighborhood and no kid friendly parks within 10 minutes."
    0
    Flag
  • Treshina Parks
    "There is a dog park. There are two spaces and they are separated by a fence. And people are very respectful. "
    0
    Flag
  • Kcchase5
    "I do not own a dog. But I see the dogs being walked around town and in the parks. As long as they are calm and not aggressive. "
    0
    Flag
  • Trulia User
    "what kind of education and attention their getting from school! Its beat to know what kind of ppl their hanging around, role models and inspiring ppl!"
    0
    Flag
  • Susan.kriner
    "We’re close to many public events at War Vets Park and Bradners Stadium. Too many to list! Far enough away to hear the echo’s but not have it overwhelmingly take over our daily life. "
    2
    Flag
  • Kristin B.
    "This is a great place to live and raise your kids. Police patrol regularly in crime is low. Recreational activities available as well"
    0
    Flag
  • Kristin B.
    "Recreational programs offered like ice skating, sports events, youth sport sign ups. Police patrol through the city often"
    0
    Flag
  • Kristin B.
    "I lived here for 10 years and it’s a great place to raise kids. House prices are reasonable and there is a heavy police presence protecting the area all the time"
    2
    Flag
  • Skbb18
    "Strollean - big fun party. Local breweries. Great fireworks. Cutco visitor’s center. Lots of parks. Beef and barrel restaurant."
    0
    Flag
  • Corinne Q.
    "Dogs are being walked all the time. The neighborhood is quiet and peaceful. There are sidewalks which are well maintained and neighbors are friendly. "
    0
    Flag
  • Katlyn L.
    "Incredibly walkable, which is great for teenagers and people without cars. Some areas are not great traffic wise but that's to be expected."
    1
    Flag
  • TZ
    "I just moved out of the city but lived there in my last house for ten years. My neighbors became my friends. We helped each other and looked after each other. Everyone on our block maintained their homes and yards well. It was a great West End neighborhood. Plus, it was convenient to everything - grocery, bank, gym, restaurant, movie and even the liquor store!"
    0
    Flag
  • Kelly
    "Restaurants, groceries and retail shops all within easy walking distance but with the river nearby there is a country-feel too"
    0
    Flag
  • Robert W.
    "I have lived here for almos 40 years and have never encountered neighbors like these. These neighbors drive past our house blowing their horns at obscene hours of the day, they tell obscenities at me and my mother and claim they are "vigilantes" carrying out "mob rule." We have had enough of the harassing comments, destruction of our property, and the camera pointed off their house and into my bedroom. Someone moving into Fountain Street beware."
    14
    Flag
  • Bob K.
    "there are many families and many grandparents in this neighborhood. There is a nice playground with ballground and basketball hoop. The park has a spotlight to illuminate at night ."
    0
    Flag
  • Karri E. J.
    "I work and live here. It's a great place to either retire or raise children. Downtown is only a couple of blocks away. The library is located a block away. "
    1
    Flag
  • Saadzmirza
    "A nice neighborhood with friendly people and scenically overlooks the Olean Metro Area. Some notable Olean residents live here."
    1
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 116 Madison Ave

  • What is 116 Madison Ave estimated to be worth?
    Trulia's estimated value for 116 Madison Ave in Olean, NY is $225,000.
  • What is the price history for 116 Madison Ave?
    116 Madison Ave in Olean, NY last sold for $144,000 in November 2019.
  • Is Olean a buyer's or seller's market?
    Olean is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Olean?
    Residents describe Olean, NY as pedestrian-friendly, well-kept, and dog-friendly. See recently sold homes in Olean, NY.
  • How big is the lot at 116 Madison Ave?
    The lot at 116 Madison Ave in Olean, NY is about 0.22 acres (9,749 sq ft).
  • Does 116 Madison Ave have a garage?
    Yes, 116 Madison Ave in Olean, NY has a garage.

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