$394,800
- 3 Beds
- 2.5 Baths
- 2,352 sqft (on 0.38 acres)
118 Cherry Trce, Madison, IN 47250
Est. Refi. Payment $2,359/mo*
Refinance Your HomeCurrently Off Market - Sold Jul 28, 2021 for $308,000
Home Value
Trulia Estimate
$395KSince last month
Decreased$700 (-0.2%)Since last year
Increased$23K (+6.2%)Since last sale
Increased$89K (+29%)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 +91% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $397K |
| August 2026 | $395K |
| July 2026 | $398K |
| June 2026 | $404K |
| May 2026 | $396K |
| April 2026 | $393K |
| March 2026 | $386K |
| February 2026 | $381K |
| January 2026 | $375K |
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 |
|---|---|---|---|---|---|---|---|
0.23 | 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 |
|---|---|---|---|---|---|---|
1.98 | $220,900 | 3 | 2 | 1,950 | Off Market | |
1.67 | $374,200 | 3 | 2 | 2,866 | Off Market | |
0.04 | $396,500 | 4 | 2.5 | 2,363 | Off Market | |
0.02 | $391,100 | 5 | 2.5 | 2,444 | Off Market | |
0.05 | $364,800 | 3 | 3 | 2,184 | Off Market | |
0.04 | $414,700 | 3 | 3 | 2,702 | Off Market | |
0.02 | $429,500 | 3 | 3 | 1,981 | Off Market | |
1.65 | $277,100 | Studio | - | - | Off Market | |
1.96 | - | - | - | - | Off Market | |
0.05 | $355,800 | 3 | 3 | 2,058 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1990
0.38 acre lot
2,352 sqft
$168/sqft
Garage
About this House
Great family home in the heart of the hilltop - close to schools, shopping, golf, etc. all while being on a quiet dead end street. This 3 bedroom, two and a half bathroom home offers great entertaining space, a fenced backyard and a nice heated two car attached garage. The covered front porch greets you into the large family room filled with natural light and a wood burning fireplace. The main level also features a formal dining room, living room, fully applianced eat in kitchen with an island and custom solid cherry cabinets, half bath and the utility room which includes the washer & dryer. Upstairs you will find the master suite, two more nice sized bedrooms with walk in closets and a full bathroom. The fenced backyard has the perfect amount of green space to enjoy the crisp fall evenings ahead while sitting on the deck. This one won't last long! Schedule your private showing today.
118 Cherry Trce, Madison, IN 47250 is a 3 bedroom, 3 bathroom, 2,352 sqft single-family home built in 1990. It last sold for $308,000 on Jul 28, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $394,800, with a rent estimate of $2,864/month.
Home Details for 118 Cherry Trce
|
|---|
Heating & Cooling Heating: ElectricAir ConditioningCooling System: CentralHeating Fuel: Electric |
Levels, Entrance, & Accessibility Stories: 2Floors: Tile, Carpet, Hardwood, Linoleum Vinyl |
Interior Details Number of Rooms: 7Types of Rooms: Dining Room |
Appliances & Utilities DishwasherDisposalDryerMicrowaveRefrigeratorWasher |
Fireplace & Spa Fireplace |
Windows, Doors, Floors & Walls Double Paned Windows |
Security Security System |
|
|---|
Exterior Home Features Roof: AsphaltDeckExterior: VinylFoundation Type: Crawl RaisedPorch |
Parking & Garage GarageParking Spaces: 2Parking: Garage Attached |
|
|---|
Year Built Year Built: 1990 |
Property Type / Style Property Type: Single Family Home |
|
|---|
Lot Area: 0.38 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 28, 2021 Source: MIBOR as distributed by MLS GRID #21796491 | Sold | $308,000 |
Jul 7, 2021 Source: MIBOR as distributed by MLS GRID #21796491 | Pending | $320,000 |
Jul 2, 2021 Source: MIBOR as distributed by MLS GRID #21796491 | Listed For Sale | $320,000 |
Dec 9, 2020 Source: SIRA #2020011378 | Sold | $275,000 |
Oct 21, 2020 Source: Agent Provided | Listed For Sale | $279,900 |
May 15, 2019 Source: SIRA #J20190142 | Sold | $255,000 |
Apr 16, 2019 Source: Agent Provided | PriceChange | $279,900 Price decreased by 3% |
Mar 25, 2019 Source: Agent Provided | Listed For Sale | $289,900 |
Oct 1, 2015 Source: SIRA #J20150240 | Sold | $205,000 |
May 14, 2015 Source: Agent Provided | Listed For Sale | $224,900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,576 | $312,000 |
Home facts updated by county records
Market trends in Madison
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
99
3MoM
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 118 Cherry Trce
- What is 118 Cherry Trce estimated to be worth?Trulia's estimated value for 118 Cherry Trce in Madison, IN is $394,800.
- What is the price history for 118 Cherry Trce?118 Cherry Trce in Madison, IN last sold for $308,000 in July 2021.
- Is Madison a buyer's or seller's market?Madison is currently a balanced 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.
- Does 118 Cherry Trce have air conditioning?Yes, 118 Cherry Trce in Madison, IN has air conditioning.
- Does 118 Cherry Trce have laundry facilities?Yes, 118 Cherry Trce in Madison, IN has in-unit laundry.

