116 Madison Dr, Waterloo, IL 62298
OFF MARKET

$226,100

Trulia Estimate
  • 3 Beds
  • 1,524 sqft

116 Madison Dr, Waterloo, IL 62298

Est. Refi. Payment $1,614/mo*
Refinance Your Home

Home Value

Trulia Estimate
$226K
Since last month
Decreased$10K (-4.1%)
Since last year
Decreased$92K (-28.2%)
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 +38% in the last 10 years
MonthEstimated value
2026
November 2026$234K
October 2026$235K
September 2026$244K
August 2026$282K
July 2026$269K
June 2026$289K
May 2026$283K
April 2026$292K
March 2026$289K
February 2026$268K
January 2026$276K
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
103 Lincoln Dr, Waterloo, IL
0.05
Single-Family Home
$365,000
06/01/26
3
2
1,455
125 Roosevelt Dr, Waterloo, IL
0.05
Single-Family Home
$299,900
05/26/26
4
1.5
1,500
118 Jefferson Dr, Waterloo, IL
0.09
Single-Family Home
$296,500
09/16/26
3
2.5
2,296
123 Jefferson Dr, Waterloo, IL
0.14
Single-Family Home
$244,000
04/20/26
3
3
2,302
114 Lincoln Dr, Waterloo, IL
0.15
Single-Family Home
$275,000
12/02/25
3
2.5
2,278
113 Jefferson Dr, Waterloo, IL
0.06
Single-Family Home
$295,000
06/10/26
4
3.5
2,394
104 Osterhage Dr, Waterloo, IL
0.16
Single-Family Home
$320,000
07/17/26
4
-
1,944
107 Parkwood Dr, Waterloo, IL
0.35
Single-Family Home
$267,500
01/15/26
3
2
1,664
101 Adams Dr, Waterloo, IL
0.17
Single-Family Home
$340,000
05/08/26
3
3
3,281
302 Parkwood Dr, Waterloo, IL
0.28
Single-Family Home
$350,000
08/14/26
4
-
1,060

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
121 Roosevelt Dr, Waterloo, IL 62298
0.02
$372,000
3
-
1,897
Off Market
114 Madison Dr, Waterloo, IL 62298
0.02
$275,400
3
3
1,450
Off Market
117 Roosevelt Dr, Waterloo, IL 62298
0.03
$231,200
4
-
1,890
Off Market
110 Jefferson Dr, Waterloo, IL 62298
0.03
$195,300
2
-
1,124
Off Market
112 Roosevelt Dr, Waterloo, IL 62298
0.03
$326,400
3
-
1,644
Off Market
106-1 Jefferson Dr, Waterloo, IL 62298
0.03
$121,400
2
1
960
Off Market
106-2 Jefferson Dr, Waterloo, IL 62298
0.03
$117,200
2
-
930
Off Market
114 Roosevelt Dr, Waterloo, IL 62298
0.04
$303,400
4
2.5
1,960
Off Market
123 Roosevelt Dr, Waterloo, IL 62298
0.04
$249,600
3
-
1,500
Off Market
117 Madison Dr, Waterloo, IL 62298
0.04
$229,200
4
-
2,332
Off Market
119B Madison Dr, Waterloo, IL 62298
0.04
-
-
-
-
Off Market
115 Roosevelt Dr, Waterloo, IL 62298
0.05
$200,400
4
-
1,950
Off Market
116 Roosevelt Dr, Waterloo, IL 62298
0.05
$208,900
3
-
1,232
Off Market
104 Jefferson Dr, Waterloo, IL 62298
0.05
$184,000
4
-
1,890
Off Market
120 Madison Dr, Waterloo, IL 62298
0.05
$284,400
3
2
1,452
Off Market
109 Jefferson Dr, Waterloo, IL 62298
0.05
$246,600
3
2
1,506
Off Market
125 Roosevelt Dr, Waterloo, IL 62298
0.05
$299,900
4
1.5
1,500
Recently Sold
103 Lincoln Dr, Waterloo, IL 62298
0.05
$365,000
3
2
1,455
Recently Sold
111 Jefferson Dr, Waterloo, IL 62298
0.06
$197,200
2
-
1,200
Off Market
119 Madison Dr #A, Waterloo, IL 62298
0.06
-
2
1
960
Off Market

Local Information

  • Map ViewExplore the area around 116 Madison Dr.
  • Schools1 Preschool School3 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1988
1,524 sqft
$148/sqft
Garage

About this House

This single-family home is located at 116 Madison Dr, Waterloo, IL. 116 Madison Dr is in Waterloo, IL and in ZIP code 62298. This property has 3 bedrooms and approximately 1,524 sqft of floor space. This property was built in 1988.
116 Madison Dr, Waterloo, IL 62298 is a 3 bedroom, 1,524 sqft single-family home built in 1988. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $226,100, with a rent estimate of $2,141/month.

Home Details for 116 Madison Dr

Interior Features

Levels, Entrance, & Accessibility
Stories: 1

Property Information

Year Built
Year Built: 1988Year Updated: 1988
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Exterior Features

Exterior Home Features
Exterior: Wood
Parking & Garage
GarageParking: Garage

Community

Units in Building: 1

Price and Tax history

YearProperty taxTax assessment
2025
$2,544
$251,400
Home facts updated by county records

Market trends in Waterloo

Last updated September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
49
8MoM
Sourced by Trulia Market Trends

Around this home

What Locals Say about Waterloo

At least 62 Trulia users voted on each feature.

  • 94 % Say it's dog friendly

  • 92 % Say parking is easy

  • 92 % Say yards are well-kept

  • 90 % Say people would walk alone at night

  • 85 % Say there's holiday spirit

  • 82 % Say car is needed

  • 82 % Say kids play outside

  • 79 % Say streets are well-lit

  • 77 % Say it's quiet

  • 63 % Say neighbors are friendly

  • 62 % Say there are sidewalks

  • 59 % Say they plan to stay for at least 5 years

  • 49 % Say it's walkable to restaurants

  • 45 % Say there's wildlife

  • 42 % Say there are community events

  • 36 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Juanita T.
    "It is a nice quiet neighborhood. People like to take walks and go to the parks and lakes. The dog parks are awesome for our four-legged friends."
    3
    Flag
  • Samantha L. .
    "Long but definitely better then the city traffic. I would always prefer the commute any day except during the winter "
    1
    Flag
  • Shelly_graves
    "Plenty of space in homes and yards, and a great place to walk. Parks nearby. Open fields. Quiet. Low traffic. "
    1
    Flag
  • Stacy S.
    "Safe for children great schools but limited after school activities unless you do Sports. Community school very big in agriculture education "
    0
    Flag
  • Claytonbour
    "Top quality schools, super low crime rate. Great area to raise a family. Can’t ask for a better place in Illinois or STL metropolitan area. "
    0
    Flag
  • Jennifer C. G.
    "We have parades and gatherings in the town square for holidays. The town lights up the street poles with Christmas Light Ornaments in December, it’s beautiful."
    0
    Flag
  • Jennifer C. G.
    "I have lived here for over 10 years the people are friendly, it has a wonderful sense of community and is a great place to bring up a family."
    0
    Flag
  • Suzanne S. R.
    "They would like that there are sidewalks all over the neighborhood . The streets are wide and people look out for each other "
    1
    Flag
  • Suzanne S. R.
    "There is true sense of community in Waterloo. Many people will come back here to raise their families. Lots of parks and events for the whole family. The downtown area is revitalizing it’s self . So much to do . Great place to live "
    0
    Flag
  • Christina F
    "Plenty of space, dogs can poop anywhere and you don’t have to pick it up outside of city limits. Roads and sidewalks are well maintained there is a great dog park near town and lots of people enjoy the community events"
    0
    Flag
  • edkane6431
    "It is a very quite and private close to a lovey park with lakes."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 116 Madison Dr

  • What is 116 Madison Dr estimated to be worth?
    Trulia's estimated value for 116 Madison Dr in Waterloo, IL is $226,100.
  • Is Waterloo a buyer's or seller's market?
    Waterloo is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Waterloo?
    Residents describe Waterloo, IL as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Waterloo, IL.
  • What are the closest schools to 116 Madison Dr?
    The closest schools to 116 Madison Dr in Waterloo, IL are Gardner Elementary School (rated 6/10), Rogers Elementary School (rated 10/10), W J Zahnow Elementary School (Pre-K).
  • Does 116 Madison Dr have a garage?
    Yes, 116 Madison Dr in Waterloo, IL has a garage.

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