423 Lanier Dr, Madison, TN 37115
OFF MARKET

$220,200

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 768 sqft (on 0.26 acres)

423 Lanier Dr, Madison, TN 37115

Rainbow Terrace
Est. Refi. Payment $1,373/mo*
Refinance Your Home
Currently Off Market - Sold Oct 2, 2006 for $62,162

Home Value

Trulia Estimate
$220K
Since last month
Decreased$600 (-0.3%)
Since last year
Increased$2K (+0.7%)
Since last sale
Increased$158K (+254.2%)
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 +110% in the last 10 years
MonthEstimated value
2026
September 2026$220K
August 2026$221K
July 2026$230K
June 2026$224K
May 2026$231K
April 2026$233K
March 2026$232K
February 2026$227K
January 2026$218K
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
361 Lanier Dr, Madison, TN
0.07
Single-Family Home
$239,900
07/31/26
2
1
756
542 E Maple St, Madison, TN
0.29
Single-Family Home
$143,000
08/21/26
2
1
840
425 Elm St, Madison, TN
0.36
Single-Family Home
$135,000
05/06/26
2
1
848
704 McCarley Ave, Madison, TN
0.14
Single-Family Home
$289,900
06/18/26
3
1
1,187
411 Lanier Dr, Madison, TN
0.02
Single-Family Home
$200,000
08/18/26
3
2
1,224
313 Elm St, Madison, TN
0.49
Single-Family Home
$210,000
04/14/26
2
1
896
778 Hospital Dr, Madison, TN
0.72
Single-Family Home
$115,000
04/23/26
2
1
672
113 Forest Park Rd, Madison, TN
0.39
Single-Family Home
$172,000
06/05/26
3
1
1,010
629 Neelys Bend Rd, Madison, TN
0.22
Single-Family Home
$309,791
11/20/25
2
2
1,176
335 Maple St, Madison, TN
0.49
Single-Family Home
$275,000
12/29/25
2
1
792

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
417 Lanier Dr, Madison, TN 37115
0.01
$278,200
2
1
778
Off Market
411 Lanier Dr, Madison, TN 37115
0.02
$200,000
3
2
1,224
Recently Sold
443 Lanier Dr, Madison, TN 37115
0.04
$340,300
3
2
1,184
Off Market
637 Carmel Ave, Madison, TN 37115
0.07
$317,500
2
1
943
For Sale
420 Lanier Dr, Madison, TN 37115
0.04
$600,000
3
3
2,067
Recently Sold
606 McCarley Ave, Madison, TN 37115
0.07
$344,700
2
1.5
1,288
Off Market
629 Cheryl Ave, Madison, TN 37115
0.08
$360,000
3
2
1,144
Recently Sold
361 Lanier Dr, Madison, TN 37115
0.07
$239,900
2
1
756
Recently Sold
623 Cheryl Ave, Madison, TN 37115
0.09
$411,700
3
2
1,440
Off Market
644 Carmel Ave, Madison, TN 37115
0.12
$279,900
3
1
1,419
For Sale
347 Lanier Dr, Madison, TN 37115
0.10
$266,000
2
1
768
Off Market
638 Cheryl Ave, Madison, TN 37115
0.14
$263,700
3
1
814
Off Market

Local Information

  • Map ViewExplore the area around 423 Lanier Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1948
0.26 acre lot
768 sqft
$287/sqft
Garage

About this House

This single-family home is located at 423 Lanier Dr, Madison, TN. 423 Lanier Dr is in the Rainbow Terrace neighborhood in Madison, TN and in ZIP code 37115. This property has 2 bedrooms, 1 bathroom and approximately 768 sqft of floor space. This property has a lot size of 0.26 acres and was built in 1948.
423 Lanier Dr, Madison, TN 37115 is a 2 bedroom, 1 bathroom, 768 sqft single-family home in Rainbow Terrace, built in 1948. It last sold for $62,162 on Oct 2, 2006. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $220,200, with a rent estimate of $1,548/month.

Home Details for 423 Lanier Dr

Interior Features

Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 4
Heating & Cooling
Air ConditioningCooling System: Central

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: BrickFoundation Type: Crawl RaisedPatio
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1948Year Updated: 1948
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 0.26 acres

Price and Tax history

DateEventPrice
Oct 2, 2006
Source: N/A
Sold
$62,162
Apr 2, 2002
Source: N/A
Sold
$63,000
Jul 30, 2001
Source: N/A
Sold
$25,000

Market trends in Nashville

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$465K
Sale-to-List Price
98.7%
Price per sq ft
$280
$0MoM
Available listings
4825
125MoM

Around this home

Neighborhood Overview

Rainbow Terrace
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Rainbow Terrace

At least 1 Trulia users voted on each feature.

  • 100 % Say neighbors are friendly

  • 100 % Say they plan to stay for at least 5 years

  • 100 % Say it's walkable to grocery stores

  • 100 % Say it's dog friendly

  • 50 % Say kids play outside

  • 50 % Say there's holiday spirit

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Very good neighbourhood to living in very friendly neighbours feel safe i have lived here for 28 years "
    0
    Flag
  • Speedyhensley
    "We have trigger traders at Halloween lots of Christmas lights in this in a Winter Kids are always outside in the summer Families walking their dogs up-and-down the street Great neighborhood To live in"
    1
    Flag
  • Speedyhensley
    "we have lived here for 24 years very quite and friendly neighborhood all shopping that you need is very close "
    0
    Flag
  • Speedyhensley
    "We have lived in this neighborhood for 23 years I'll neighbors are very friendly and willing to help each other"
    6
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 423 Lanier Dr

  • What is 423 Lanier Dr estimated to be worth?
    Trulia's estimated value for 423 Lanier Dr in Madison, TN is $220,200.
  • What is the price history for 423 Lanier Dr?
    423 Lanier Dr in Madison, TN last sold for $62,162 in October 2006.
  • 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 $465K. That is roughly unchanged from the prior month.
  • Does 423 Lanier Dr have air conditioning?
    Yes, 423 Lanier Dr in Madison, TN has air conditioning.
  • How big is the lot at 423 Lanier Dr?
    The lot at 423 Lanier Dr in Madison, TN is about 0.26 acres (11,326 sq ft).

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Apartments for Rent

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