116 Water St, Madison, MS 39110
Property image
Property image
OFF MARKET

$941,800

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 2,143 sqft

116 Water St, Madison, MS 39110

Est. Refi. Payment $5,504/mo*
Refinance Your Home

Home Value

Trulia Estimate
$942K
Since last month
Increased$2K (+0.2%)
Since last year
$100 (0%)
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 +76% in the last 10 years
MonthEstimated value
2026
August 2026$942K
August 2026$941K
July 2026$940K
June 2026$943K
May 2026$931K
April 2026$927K
March 2026$940K
February 2026$933K
January 2026$938K
2025
2024

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
0.07
Single-Family Home
-
06/12/26
3
2.5
2,115
0.13
Single-Family Home
-
07/09/26
3
2.5
2,178
0.15
Single-Family Home
-
04/10/26
3
2.5
2,213
0.10
Single-Family Home
-
06/05/26
3
2.5
2,264
0.04
Single-Family Home
-
05/28/26
3
3
2,050
0.10
Single-Family Home
-
04/28/26
3
2.5
2,230
0.10
Single-Family Home
-
04/06/26
3
2.5
2,079
0.27
Single-Family Home
-
10/29/25
3
3.5
2,403
0.10
Single-Family Home
-
06/22/26
4
3
2,350
0.19
Single-Family Home
-
08/28/26
3
2.5
2,339

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
-
3
3
2,050
Recently Sold
0.05
$549,000
3
2
2,115
For Sale
0.04
$538,300
3
3
2,151
Off Market
0.01
$527,800
3
3
2,088
Off Market
0.08
$421,200
2
2
1,640
Off Market
0.07
$539,900
3
2.5
2,115
For Sale
0.06
$523,900
3
2
2,096
Off Market
0.06
$616,700
3
2.5
2,843
Off Market
0.06
$614,200
4
3.5
2,535
Off Market
0.04
$869,900
4
4.5
3,508
For Sale
0.10
$435,000
2
2
1,640
For Sale

Local Information

  • Map ViewExplore the area around 116 Water St.
  • Schools2 Elementary Schools2 Middle Schools2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2024
2,143 sqft
$439/sqft
Garage

About this House

Welcome to the latest and greatest Phase of Lost Rabbit! This one level home has a large open floor plan with high ceilings and lots of natural light.. Spacious dining room right off the kitchen great for hosting family and friends. Down the hall you will find the Primary Bedroom and 2 spacious guest bedrooms. If you're looking for a low maintenance yard without compromising the outdoor patio entertaining space then this is your new home! Not to mention it has a two and a half car garage. Neighbor iron fence will be installed in between homes on all houses. Phase IV is low maintenance patio style living at its finest. The Town Center of Lost Rabbit is now home to the General Store, a Spa, The Rabbit Hole (pub), neighborhood pool, marina, as well as several other offices and future development. Stop by today and come tour Madisons newest development. Please note that this property is not completed, updated pictures will be uploaded once the house is complete. Call your Realtor today for your private viewing.
116 Water St, Madison, MS 39110 is a 3 bedroom, 2 bathroom, 2,143 sqft single-family home built in 2024. It last sold for the $535,750 asking price on Mar 25, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $941,800, with a rent estimate of $3,023/month.
Last check for updates: about 22 hours ago
Listed by Pamela McGehee, (601) 954-2223
The Compass Group
Bought with: Robin Harrigill, (601) 672-4101, Harrigill Real Estate, LLC
Source: MLS United, MLS#4106218

Home Details for 116 Water St

Active Status

MLS Status: Closed

Interior Features

Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 2143 Square Feet
Appliances & Utilities
Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Available, Water Connected, Underground UtilitiesAppliances: Built-In Gas Oven, Built-In Gas Range, Dishwasher, Disposal, Exhaust Fan, Microwave, Stainless Steel Appliance(s), Tankless Water Heater, Vented Exhaust FanDishwasherDisposalLaundry: Laundry Room,Main LevelMicrowave
Heating & Cooling
Heating: Central,Fireplace InsertHas CoolingAir Conditioning: Ceiling Fan(s),Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
Fireplace: Living Room, VentlessHas a Fireplace
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Window: Insulated WindowsDoor: Dead Bolt Lock(s)Flooring: Ceramic Tile, Hardwood
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Ceramic Tile, Hardwood
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: Architectural ShinglesPatio / Porch: PatioFencing: Wrought Iron, FencedExterior: LightingFoundation: SlabNo Private Pool
Parking & Garage
Number of Garage Spaces: 2.5Number of Covered Spaces: 2.5No CarportHas a GarageNo Attached GarageParking Spaces: 2.5Parking: Concrete
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 2024
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceStructure Type: HouseArchitecture: Contemporary
Building
Construction Materials: BrickIs a New Construction
Property Information
Parcel Number: 123456

Price & Status

Price
List Price: $535,750
Status Change & Dates
Off Market Date: Sun Mar 16 2025

Location

Direction & Address
City: MadisonCommunity: Lost Rabbit
School Information
Elementary School: Madison AvenueJr High / Middle School: MadisonHigh School: Madison Central

Building

Building Area
Building Area: 2143 Square Feet

Community

Community Features: Boating, Fishing, Lake, Marina, Near Entertainment, Pool, Restaurant, Sidewalks, Street Lights

HOA

HOA Fee Includes: Accounting/Legal, Maintenance Grounds, Management, Pool ServiceHas an HOA

Lot Information

Lot Area: 1742.4 sqft

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Miscellaneous

Mls Number: 4106218

Additional Information

BoatingFishingLakeMarinaNear EntertainmentPoolRestaurantSidewalksStreet Lights

Price and Tax history

DateEventPrice
Mar 25, 2025
Source: MLS United #4106218
Sold
--
Mar 20, 2025
Source: MLS United #4106218
Pending
$535,750
Mar 19, 2025
Source: MLS United #4106218
Pending
$535,750
Mar 10, 2025
Source: MLS United #4106218
PendingToActive
$535,750
Dec 7, 2024
Source: MLS United #4083942
Pending
$535,750

Market trends in Madison

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$411K
$11.33K
MoM
Sale-to-List Price
98.7%
0.1%
MoM
Price per sq ft
$178
$1
MoM
Available listings
329
14
MoM

What Locals Say about Madison

At least 179 Trulia users voted on each feature.
  • 95 % Say car is needed

  • 93 % Say parking is easy

  • 90 % Say it's dog friendly

  • 90 % Say yards are well-kept

  • 88 % Say there's holiday spirit

  • 83 % Say people would walk alone at night

  • 81 % Say kids play outside

  • 81 % Say it's quiet

  • 76 % Say streets are well-lit

  • 69 % Say there are sidewalks

  • 62 % Say neighbors are friendly

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

  • 54 % Say there's wildlife

  • 41 % Say there are community events

  • 17 % Say it's walkable to grocery stores

  • 12 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "The stop signs are basically ignored. There are a lot of kids on bikes, scooters, golf carts so pay attention!"
  • Trulia User
    "I have lived in my neighborhood for eleven years now. Great walking trails. Fun neighborhood events with live music. Golf cart friendly. Two free neighborhood pools, marina and an equestrian center. A fun bookclub group gathers monthly during the school year. Country club membership available with a golf course. fitness center and dining options. Very safe, active neighborhood."
  • Tamira Eagle
    "I just feel that everything is so close and convenient. I work in Madison as well so, I do also feel that it is a very safe and clean place to live. "
  • Skolb25
    "New and in a good school district. Well maintained and has a new pool. Lots of kids in the neighborhood."
  • Treona Hubbard Landfair
    "Holidays that we have. The kids get to be involved and the different food truck vendors that come around are good. "
  • Filesdl1
    "Many perks to our neighborhood. Great neighbors, swimming pools, clubhouse, access to the reservoir "
  • Lorrainecoker
    "Family oriented neighborhood with 3 pools , great schools in some areas of the subdivision. Lakes etc"
  • Lorrainecoker
    "Many families in the neighborhood, pools, club house, golf club, park. Very family oriented. Close to school, grocery shopping, doctors, health plex. Etc "
  • Sean T.
    "Busy, the city constantly keeps growing as well as the outskirts so with the influx of people from the surrounding areas it's just busier than ever before, they have expanded some roads to adjust with traffic."
  • Ruthridgway
    "Lots of green space and trails to take dogs out. Waste bags conveniently available. Dogs have to be leashed. "
  • Trulia User
    "On the lake. Out of the city limits. Most people in the area, are nice and they keep to themselves. (For the most parts)"
  • Ruthridgway
    "30 minutes to downtown Jackson. 20 minutes to hospital where I work in Jackson. Not busy at the times I come and go."
  • Marie W.
    "Trick or treating is a big to-do in our neighborhood. Also, food trucks, bounce houses, live music, and other community events at the clubhouse throughout the year. "
  • Maryneely M.
    "Great neighborhood. Very family friendly. Lots of children and elderly neighbors. Very quiet and peaceful. "
  • Lajones72884
    "October fest is always fun, they have movie in the park which the kids love! Also the lighting of the Christmas tree in the middle of the lake at strawberry patch! It is always a family favorite at well "
  • Lajones72884
    "In NorthRidge off Hoy Rd and just 5 miles away from my house with just 6 red lights. Traffic towards interstate can be a little backed up and heavy at times but that is to be expected "
  • Victoria.owchar
    "It is safe for their kids and pets and the school district is great! There are many kids that play outside during the day in and around the neighborhood"
  • Shereb30
    "Great access to the interstate, and shopping, restaurant’s, and from home to work In Madison only takes about 10 minutes."
  • Victoria.owchar
    "Great quiet respectful neighbors, houses are spaced out enough, big back yards, kids playing around the neighborhood, great school system"
  • Stevehiltonsr1
    "I’m retired therefore there is no commute for me to travel on. Neighborhood is very friendly and secure. We lookout for each other."
  • Victoria.owchar
    "The City of Madison hosts tons of family friendly events throughout the year at the heart of Madison...the red caboose. There are movie nights on the lawn, Halloween trunk or treat, fall festivals and a city Christmas parade to name a few..."
  • Kikit27
    "We live in a sweet house with a big back yard. We do not have many neighborhood events. I am not allowed to teach piano in my neighborhood which is unfortunate. I wish they would stop building the community with so many big box businesses. "
  • Heather G.
    "We’ve only been here a month, but EVERYONE is friendly! The area is spotless- no litter, well maintained and trim... housing prices aren’t outrageous, and the teachers are awesome at the schools!"
  • Katherine S.
    "People frequently let dogs (and children) run free in the street. If your dogs are skittish or afraid it isn't good. "
  • Jhcookdesigns
    "Driving is the only option. No public transportation and too spread out to walk most places. I live within a 10 min drive to work."
  • Cms197088
    "We have Large lots, privacy and horse property yet easy access to Gluckstadt and Madison. It is a quiet, safe neighborhood. "
  • Shawn I.
    "great neighbors, lots of children to play with each other and a great atmosphere in general. we play wuffle ball in the cul de sac "
  • Ricarda M.
    "People are seen walking their dogs quite often. If dogs wander off, the neighbors don’t bother them. "
  • Foolishbutler.jb
    "Great community kid friendly and peaceful. 5min away from the park and fire department . Been here 3 years with no problems "
  • Michael B.
    "It is a warm and friendly community. I enjoy the area tremendously and would not consider anywhere else in the Jackson MS area."
  • Betty D.
    "This is a small residential area with only one entrance/exit. There is a nice mix of young and older, married and single, kids of all ages and adults of all professions. We have an excellent public school system. All your needs are probably within a few miles in any direction."
  • Richard
    "Great Neighbors. Plenty of trees and very quiet. Love the charm of the established neighborhood. That’s all I can think of at this time"
  • Llewellyngray
    "Safe place to live. I would highly recommend this neighborhood to anyone. It’s a great place to raise children. The public schools are great and are the best in the state."
  • Llewellyngray
    "Beautiful environment. Very safe and great place to walk a dog. I absolutely love living in Madison."
  • Jles w.
    "10 mins. No issues. A little early in AM, but compared to other cities very good. Multiple routes and new roads being built."
  • Livia P.
    "The neighborhood is full of kids and families. There are lots of fun parties for kids throughout the year, a playground, and a pool. The schools are the best in the state. "
  • Kikit27
    "Cars drive too fast in the neighborhood and we have almost been hit on two occasions. You just have to be careful when walking your dogs."

LGBTQ Local Legal Protections

Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.

Frequently asked questions about 116 Water St

  • What is 116 Water St estimated to be worth?
    Trulia's estimated value for 116 Water St in Madison, MS is $941,800.
  • What is the price history for 116 Water St?
    116 Water St in Madison, MS last sold in March 2025.
  • Is Madison a buyer's or seller's market?
    Madison is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Madison?
    The median sale price in Madison is $411K. That is up $11.33K from the prior month.
  • Does 116 Water St have air conditioning?
    Yes, 116 Water St in Madison, MS has air conditioning.
  • Does 116 Water St have a pool?
    Yes, 116 Water St in Madison, MS has a pool.

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