242 Preble Avenue, Madison, ME 04950
Property image
Property image
SOLD
SEP 9, 2026

$128,200

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 980 sqft (on 0.50 acres)

242 Preble Avenue, Madison, ME 04950

Refinance Your Home
Currently Off Market - Sold Sep 9, 2026 for $120,000 (8% below list price)

Home Value

Trulia Estimate
$128K
Since last month
Decreased$23K (-15.2%)
Since last year
Decreased$20K (-13.6%)
Since last sale
Increased$8K (+6.8%)
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 +196% in the last 10 years
MonthEstimated value
2026
August 2026$128K
June 2026$151K
May 2026$150K
April 2026$150K
March 2026$147K
February 2026$140K
January 2026$136K
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
83 Preble Avenue, Madison, ME
0.93
Single-Family Home
$270,000
05/29/26
2
1
1,152
81 Nichols Street, Madison, ME
1.11
Single-Family Home
$212,000
07/10/26
2
1
800
75 Colby Bryant Road, Madison, ME
0.71
Single-Family Home
$270,000
10/22/25
2
1.5
1,280
9 Spring Street, Madison, ME
1.21
Single-Family Home
$259,000
08/04/26
2
1.5
1,220
10 Maxim Street, Madison, ME
1.06
Single-Family Home
$220,000
02/27/26
3
1
1,174
6 Myrtle Street, Madison, ME
1.24
Single-Family Home
$203,000
06/18/26
3
1
928
15 Clifton Street, Madison, ME
1.19
Single-Family Home
$162,250
10/10/25
3
1
1,860
88 Pine Street, Madison, ME
1.32
Single-Family Home
$229,900
06/02/26
2
1
1,518

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
M 2 L40 Preble Avenue, Madison, ME 04950
0.43
-
-
-
-
Off Market
189 Shusta Road, Madison, ME 04950
0.61
$225,000
3
1
1,200
For Sale
P/O M1 L34 Preble Avenue, Madison, ME 04950
0.61
-
-
-
-
Off Market
102 Shusta Road, Madison, ME 04950
0.68
$241,500
2
1
1,300
Off Market
69 Shusta Road, Madison, ME 04950
0.71
$148,900
1
1
721
Off Market
174 Shusta Road, Madison, ME 04950
0.70
$312,600
2
1
950
Off Market
183 Shusta Road, Madison, ME 04950
0.70
$143,700
3
1
1,087
Off Market
65 Shusta Road, Madison, ME 04950
0.73
$211,500
2
1
1,434
Off Market
75 Colby Bryant Road, Madison, ME 04950
0.71
$292,200
2
1.5
1,280
Off Market
M2 L24 Preble Avenue, Madison, ME 04950
0.82
-
-
-
-
Off Market
43 Hidden Acres Drive, Madison, ME 04950
0.93
$49,000
2
1
924
For Sale

Local Information

  • Map ViewExplore the area around 242 Preble Avenue.
  • Schools2 Preschool Schools3 Elementary Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1950
0.5 acre lot
980 sqft
$122/sqft
Garage
Last check for updates: about 3 hours ago
Listed by Allied Realty
Bought with: Allied Realty
Source: Maine Listings, MLS#1673731

About this House

Cozy retreat with workshop, bonus space, and trail access.

Looking for an affordable country living, a place to call home? This cozy 2 bedroom, 1 bath property offers a peaceful rural setting with potential. The home features sliders leading to porch, creating a welcoming space to relax and enjoy the outdoors.

The garage is now set up as a workshop, making it ideal for hobbies, projects, or additional storage. A foundation beneath the main house includes a bonus room, offering space for storage.

Outdoor enthusiasts will appreciate access to nearby recreational trails. Some furnishings will remain, making this property for easy move in. Being sold as-is, come take a look at the possibilities.
242 Preble Avenue, Madison, ME 04950 is a 2 bedroom, 1 bathroom, 980 sqft single-family home built in 1950. It last sold for $120,000 on Sep 9, 2026 (8% below the $129,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $128,200, with a rent estimate of $1,572/month.

Home Details for 242 Preble Avenue

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Doghouse,Interior Entry,Partial,UnfinishedNumber of Rooms: 5Types of Rooms: Bedroom 1, Bedroom 2, Kitchen, Living Room, Other Room
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 980 Square Feet
Appliances & Utilities
Appliances: Dryer, Microwave, Electric Range, Refrigerator, WasherDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Direct Vent HeaterNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Direct Vent Heater
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: On Site, Circuit BreakersHas Electric on Property
Windows, Doors, Floors & Walls
Flooring: Laminate, Tile
Levels, Entrance, & Accessibility
Floors: Laminate, Tile

Exterior Features

Exterior Home Features
Roof: Metal ShinglePatio / Porch: DeckFoundation: Poured ConcreteNo Private Pool
Parking & Garage
No CarportHas a GarageNo Attached GarageParking: Gravel,1 - 4 Spaces,On Site
Frontage
Road Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Private Sewer, Septic Tank
Finished Area
Finished Area (above surface): 820 Square FeetFinished Area (below surface): 160 Square Feet

Property Information

Year Built
Year Built: 1950
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Wood Frame, Wood Siding

Price & Status

Price
List Price: $129,900Price Per Sqft: $122/sqft
Status Change & Dates
Off Market Date: Wed Aug 05 2026

Location

Direction & Address
City: Madison

Building

Building Area
Building Area: 980 Square Feet

Lot Information

Lot Area: 0.50 acres

Miscellaneous

BasementMls Number: 1673731Above Grade Unfinished Area: 820

Price and Tax history

DateEventPrice
Sep 9, 2026
Source: Maine Listings #1673731
Sold
$120,000
Aug 6, 2026
Source: Maine Listings #1673731
Pending
$129,900
Jul 28, 2026
Source: Maine Listings #1673731
Listed For Sale
$129,900
Nov 16, 2022
Source: Maine Listings #1543932
Sold
$72,000
Oct 14, 2022
Source: Maine Listings #1543932
Contingent
$70,000

Market trends in Madison

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
27

Around this home

What Locals Say about Madison

At least 6 Trulia users voted on each feature.

  • 100 % Say yards are well-kept

  • 86 % Say parking is easy

  • 86 % Say kids play outside

  • 83 % Say it's dog friendly

  • 75 % Say there's holiday spirit

  • 75 % Say they plan to stay for at least 5 years

  • 71 % Say car is needed

  • 70 % Say people would walk alone at night

  • 67 % Say neighbors are friendly

  • 63 % Say there are sidewalks

  • 63 % Say streets are well-lit

  • 60 % Say it's walkable to grocery stores

  • 54 % Say there's wildlife

  • 50 % Say it's walkable to restaurants

  • 44 % Say there are community events

  • 40 % Say it's quiet

Sourced by Trulia users. Learn more about our methodology.
  • Amandaroy14
    "Many families in Area, good schools, friendly townspeople, nice town events, old down home feeling to it "
    1
    Flag
  • Trulia User
    "I’ve seen a woman drive into the neighborhood and let her older dog out of the car to do his business. 2x’s so far."
    0
    Flag
  • Sharyn
    "Great area for recreation year round: boating, fishing, snow mobiling, skiing nearby, golf, summer theatre, involved summer community. Small town feeling. "
    0
    Flag

LGBTQ Local Legal Protections

Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
Zillow Inc. 415 Congress St #202 Portland, ME 04101 206-424-8443

Frequently asked questions about 242 Preble Avenue

  • What is 242 Preble Avenue estimated to be worth?
    Trulia's estimated value for 242 Preble Avenue in Madison, ME is $128,200.
  • What is the price history for 242 Preble Avenue?
    242 Preble Avenue in Madison, ME last sold for $120,000 in September 2026.
  • 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, ME as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See recently sold homes in Madison, ME.
  • Does 242 Preble Avenue have laundry facilities?
    Yes, 242 Preble Avenue in Madison, ME has in-unit laundry.
  • How big is the lot at 242 Preble Avenue?
    The lot at 242 Preble Avenue in Madison, ME is about 0.50 acres (21,780 sq ft).

Apartments for Rent

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