500 Lanier Dr, Madison, TN 37115
Property image
Property image
SOLD
APR 2, 2026

$582,900

Trulia Estimate
  • 5 Beds
  • 3 Baths
  • 2,300 sqft (on 0.82 acres)

500 Lanier Dr, Madison, TN 37115

Rainbow Terrace
Est. Refi. Payment $3,454/mo*
Refinance Your Home
Currently Off Market - Sold Apr 2, 2026 for $580,000 (2% below list price)

Home Value

Trulia Estimate
$583K
Since last month
Increased$300 (+0.1%)
Since last year
Decreased$58K (-9%)
Since last sale
Increased$3K (+0.4%)
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 +217% in the last 10 years
MonthEstimated value
2026
September 2026$583K
August 2026$582K
July 2026$579K
June 2026$582K
May 2026$578K
March 2026$581K
February 2026$584K
January 2026$598K
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
401 Neelys Bend Rd, Madison, TN
0.29
Single-Family Home
$278,000
01/12/26
5
3
2,477
420 Lanier Dr, Madison, TN
0.17
Single-Family Home
$600,000
03/27/26
3
3
2,067
849 Denson Ave, Madison, TN
0.44
Single-Family Home
$425,000
06/16/26
4
3
1,652
764 Howse Ave, Madison, TN
0.59
Single-Family Home
$360,000
01/20/26
4
3
2,944
311 Forest Park Rd, Madison, TN
0.25
Single-Family Home
$354,000
08/19/26
3
2
1,551
606 Blackstone Ave, Madison, TN
0.15
Single-Family Home
$345,000
02/03/26
3
2
1,182
752 Florence Cir, Madison, TN
0.70
Single-Family Home
$595,000
06/02/26
4
2
3,008
709 Florence Cir, Madison, TN
0.54
Single-Family Home
$345,000
01/30/26
3
2
1,990
709 Tahlena Ave, Madison, TN
0.71
Single-Family Home
$889,000
06/30/26
5
3.5
4,044

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
116 Margaret St, Madison, TN 37115
0.03
$285,100
4
2
1,572
Off Market
462 Lanier Dr, Madison, TN 37115
0.02
$627,100
4
2
2,403
Off Market
539 Neelys Bend Rd, Madison, TN 37115
0.06
$203,500
3
1
1,736
Recently Sold
111 Margaret St, Madison, TN 37115
0.08
$361,400
3
1
1,778
Off Market
561 Neelys Bend Rd, Madison, TN 37115
0.09
$399,000
4
2
1,724
Off Market
563 Neelys Bend Rd, Madison, TN 37115
0.10
$275,300
2
1
1,008
Off Market
809 Neelys Chase Dr, Madison, TN 37115
0.14
$322,800
3
2
1,165
Off Market
443 Lanier Dr, Madison, TN 37115
0.12
$340,300
3
2
1,184
Off Market
113 Coventry Woods Dr, Madison, TN 37115
0.14
$145,000
2
2
1,122
Foreclosure
Forest Park Rd, Madison, TN 37115
0.16
-
-
-
-
Off Market
601 Neelys Bend Rd, Madison, TN 37115
0.15
$330,900
2
1
1,299
Off Market

Local Information

  • Map ViewExplore the area around 500 Lanier Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1955
0.82 acre lot
2,300 sqft
$252/sqft
Garage

About this House

Welcome to this beautifully remodeled 4-bedroom, 3-bath home, perfectly blending modern elegance with functional living. Situated on an oversized .82 acre spacious lot, this home features a private in-law suite, ideal for multigenerational living, guests, or rental potential. Step inside to find an open-concept floor plan adorned with rich hardwood flooring, custom shaker-style cabinetry, and stunning quartz countertops throughout. The fully updated kitchen is a chef’s dream, boasting a large center island, stainless steel appliances, and ample storage. Retreat to the spacious primary suite with a spa-like en-suite bathroom, while three additional bedrooms offer comfort and flexibility for family, work, or play. The in-law suite includes its own separate living area and bathroom, offering privacy and convenience. Additional highlights include a 2-car garage, modern fixtures, energy-efficient upgrades, and tasteful finishes in every room. This move-in ready home has it all — space, style, and versatility. Don’t miss the opportunity to own this turnkey gem!
500 Lanier Dr, Madison, TN 37115 is a 5 bedroom, 3 bathroom, 2,300 sqft single-family home in Rainbow Terrace, built in 1955. It last sold for $580,000 on Apr 2, 2026 (2% below the $589,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $582,900, with a rent estimate of $2,911/month.
Last check for updates: about 22 hours ago
Listed by Brandon Bubis, (615) 804-6154
Legacy South Brokerage
Bought with: Michelle Hsu, (615) 243-8487, Tyler York Real Estate Brokers, LLC
Source: RealTracs MLS as distributed by MLS GRID, MLS#3117202

Home Details for 500 Lanier Dr

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: None,Crawl SpaceNumber of Rooms: 9Types of Rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Master Bathroom, Kitchen, Living Room, Other Room, Recreation Room
Beds & Baths
Number of Bedrooms: 5Main Level Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 2300 Square Feet
Appliances & Utilities
Utilities: Water Available, Cable ConnectedAppliances: Built-In Electric Oven, Built-In Gas Range, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Microwave, Refrigerator, Stainless Steel Appliance(s)DishwasherDisposalLaundry: Electric Dryer Hookup,Washer HookupMicrowaveRefrigerator
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Windows, Doors, Floors & Walls
Flooring: Wood, Laminate, Tile
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Wood, Laminate, Tile
View
No View

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: Porch, Covered, DeckOther Structures: StorageNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Open Parking Spaces: 6Has a GarageNo Attached GarageHas Open ParkingParking Spaces: 8Parking: Garage Faces Side,Concrete
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 2300 Square Feet

Property Information

Year Built
Year Built: 1955
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence, ResidentialArchitecture: Traditional
Building
Construction Materials: BrickNot a New ConstructionNot Attached Property
Property Information
Parcel Number: 05202000500

Price & Status

Price
List Price: $589,900Price Per Sqft: $252/sqft
Status Change & Dates
Off Market Date: Sun Apr 05 2026Possession Timing: Close Of Escrow

Location

Direction & Address
City: MadisonCommunity: Rainbow Terrace
School Information
Elementary School: Amqui K-8 SchoolJr High / Middle School: Madison MiddleHigh School: Hunters Lane Comp High School

Building

Building Area
Building Area: 2300 Square Feet

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 0.82 acres

Listing Info

Special Conditions: Standard, Owner Agent

Rental Terms, Policies & Fees

Miscellaneous

Mls Number: 3117202Attribution Contact: 6158046154Above Grade Unfinished Area: 2300

Price and Tax history

DateEventPrice
Apr 2, 2026
Source: RealTracs MLS as distributed by MLS GRID #3117202
Sold
$580,000
Mar 4, 2026
Source: RealTracs MLS as distributed by MLS GRID #3117202
Contingent
$589,900
Feb 18, 2026
Source: RealTracs MLS as distributed by MLS GRID #3117202
PriceChange
$589,900
Price decreased by 2%
Jan 30, 2026
Source: RealTracs MLS as distributed by MLS GRID #3117202
Listed For Sale
$599,900
Jan 15, 2026
Source: RealTracs MLS as distributed by MLS GRID #3071147
ListingRemoved
$599,900

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

Based on information submitted to the MLS GRID as of 2026-09-17 14:43:20 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

Frequently asked questions about 500 Lanier Dr

  • What is 500 Lanier Dr estimated to be worth?
    Trulia's estimated value for 500 Lanier Dr in Madison, TN is $582,900.
  • What is the price history for 500 Lanier Dr?
    500 Lanier Dr in Madison, TN last sold for $580,000 in April 2026.
  • 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 500 Lanier Dr have air conditioning?
    Yes, 500 Lanier Dr in Madison, TN has air conditioning.
  • Does 500 Lanier Dr have laundry facilities?
    Yes, 500 Lanier Dr in Madison, TN has laundry facilities.

Explore by feature - Pet Friendly

1785 pet-friendly rentals in Madison, TN

Explore by feature - Garage

929 rentals with a garage in Madison, TN

Explore by feature - Air Conditioning

2064 rentals with air conditioning in Madison, TN

Explore by feature - Pool

703 rentals with a pool in Madison, TN

Explore by feature - Washer/dryer

2182 rentals with a washer/dryer in Madison, TN

Explore by feature - Outdoor Space

456 rentals with an outdoor space in Madison, TN

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 500 Lanier Dr

Skip to last item
Skip to first item

Homes for sale near 500 Lanier Dr

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item