$236,500
2 Beds
2 Baths
972 sqft (on 1.10 acres)
505 Main Street, Madison, ME 04950
Est. Refi. Payment $1,546/mo*
Refinance Your HomeCurrently Off Market - Sold Oct 18, 2024 for $200,000
Home Value
Trulia Estimate
$237KSince last month
Decreased$1K (-0.4%)Since last year
Increased$30K (+14.5%)Since last sale
Increased$37K (+18.3%)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 +183% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $237K |
| August 2026 | $236K |
| July 2026 | $238K |
| June 2026 | $230K |
| May 2026 | $224K |
| April 2026 | $211K |
| March 2026 | $208K |
| February 2026 | $209K |
| January 2026 | $208K |
2025 | |
2024 | |
2023 | |
2021 | |
2020 | |
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 |
|---|---|---|---|---|---|---|---|
1.11 | Single-Family Home | $120,000 | 09/09/26 | 2 | 1 | 980 | |
1.49 | Single-Family Home | $212,000 | 07/10/26 | 2 | 1 | 800 | |
1.24 | Single-Family Home | $220,000 | 02/27/26 | 3 | 1 | 1,174 | |
1.79 | Single-Family Home | $259,000 | 08/04/26 | 2 | 1.5 | 1,220 | |
1.22 | Single-Family Home | $162,250 | 10/10/25 | 3 | 1 | 1,860 | |
1.41 | Single-Family Home | $118,000 | 05/18/26 | 4 | 2 | 2,352 | |
1.75 | Single-Family Home | $270,000 | 10/22/25 | 2 | 1.5 | 1,280 | |
1.66 | Single-Family Home | $350,000 | 10/17/25 | 2 | 1.5 | 2,088 | |
2.14 | Single-Family Home | $240,000 | 03/09/26 | 2 | 2 | 1,100 |
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 |
|---|---|---|---|---|---|---|
0.13 | $141,200 | 3 | 1 | 1,248 | Off Market | |
0.20 | $80,000 | - | - | - | Recently Sold | |
0.26 | $168,000 | 3 | 1.5 | 1,385 | Off Market | |
0.42 | $211,500 | 2 | 1 | 1,434 | Off Market | |
0.42 | $148,900 | 1 | 1 | 721 | Off Market | |
0.43 | $241,500 | 2 | 1 | 1,300 | Off Market | |
0.61 | $312,600 | 2 | 1 | 950 | Off Market | |
0.68 | $248,600 | 4 | 2 | 1,600 | Off Market | |
0.74 | $225,000 | 3 | 1 | 1,200 | For Sale | |
0.89 | $143,700 | 3 | 1 | 1,087 | Off Market | |
1.05 | - | - | - | - | Off Market |
Local Information
- Map ViewExplore the area around 505 Main Street.
- Schools2 Preschool Schools3 Elementary Schools
- Shop & Eat
-- mins to
Home Highlights
Single-Family Home
Built in 1960
1.1 acre lot
972 sqft
$243/sqft
2 Car Garage
Last check for updates: about 10 hours ago
Listed by Better Homes & Gardens Real Estate/The Masiello Group
Bought with: Realty of Maine
Source: Maine Listings, MLS#1600578
About this House
Sweet, affordable and well-built 1960 ranch with attached two-car garage is conveniently located near Madison Area Memorial High School and downtown Madison. A breezeway between the garage and the house functions as a space to remove your shoes or sit and relax with your morning coffee or greet your guests. Efficient original kitchen with birch cabinets, peninsula, and picture window over kitchen sink includes a small dining area. The living room features a picture window, and the original hardwood floors appear to be under the carpeting as is visible near the home's art deco front door. Two bedrooms are located at either end of the back of the home. One with wood floors exposed, and it is presumed that there are wood floors under the carpeting of the second bedroom. The first-floor bathroom with tub/shower offers original built-in linen closet and clothes hamper. Storage options are numerous in this home, with linen and coat closets in the back hall, built-in dresser in the second bedroom, and just off the kitchen is the convenient walk-up attic. The basement feels like finished space, as it is dry enough to have carpets on the painted concrete floors, and features a second full bath. A large shed/garage is located in the back yard, but be sure to look at the tax map, as the land continues back into the woods. Call today to view this charming affordable home.
505 Main Street, Madison, ME 04950 is a 2 bedroom, 2 bathroom, 972 sqft single-family home built in 1960. It last sold for $200,000 on Oct 18, 2024 (2% below the $205,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $236,500, with a rent estimate of $1,549/month.
Home Details for 505 Main Street
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MLS Status: Closed |
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Interior Details Basement: Interior Entry,Finished,FullNumber of Rooms: 6Types of Rooms: Bedroom 1, Bedroom 3, Dining Room, Kitchen, Living Room, Sunroom |
Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 972 Square Feet |
Heating & Cooling Heating: Baseboard,Hot Water,ZonedHas CoolingHas HeatingHeating Fuel: Baseboard |
Fireplace & Spa No Fireplace |
Gas & Electric Electric: Circuit Breakers |
Windows, Doors, Floors & Walls Flooring: Carpet, Vinyl, Wood |
Levels, Entrance, & Accessibility Floors: Carpet, Vinyl, Wood |
View Has a ViewView: Trees/Woods |
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Exterior Home Features Roof: ShingleNo Private Pool |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Paved,1 - 4 Spaces |
Frontage Road Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 972 Square Feet |
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Year Built Year Built: 1960 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch |
Building Construction Materials: Wood Frame, Aluminum Siding, Vinyl Siding |
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Price List Price: $205,000 |
Status Change & Dates Off Market Date: Wed Sep 18 2024 |
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Direction & Address City: Madison |
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Building Area Building Area: 972 Square Feet |
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Lot Area: 1.1 Acres |
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BasementMls Number: 1600578Above Grade Unfinished Area: 972 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Oct 18, 2024 Source: Maine Listings #1600578 | Sold | $200,000 |
Sep 18, 2024 Source: Maine Listings #1600578 | Pending | $205,000 |
Sep 16, 2024 Source: Maine Listings #1600578 | PriceChange | $205,000 Price decreased by 5% |
Aug 16, 2024 Source: Maine Listings #1600578 | Listed For Sale | $214,900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $1,916 | $119,000 |
Home facts updated by county records
Market trends in Madison
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
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Available listings
27
Around this home
- Madison Elementary School
- PK-4
- Public
- 239 Students
2/10GreatSchools RatingParent Rating AverageI think they are super staff members Can't say enough good things about them.They are so involved with the children.Parent Review12y ago - Madison Elementary School
- PK-2
- Public
- 140 Students
NAGreatSchools RatingParent Rating Average
No reviews available for this school.
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.
LGBTQ Local Legal Protections
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
Zillow Inc. 415 Congress St #202 Portland, ME 04101 206-424-8443
Frequently asked questions about 505 Main Street
- What is 505 Main Street estimated to be worth?Trulia's estimated value for 505 Main Street in Madison, ME is $236,500.
- What is the price history for 505 Main Street?505 Main Street in Madison, ME last sold for $200,000 in October 2024.
- 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 505 Main Street have air conditioning?Yes, 505 Main Street in Madison, ME has air conditioning.
- How big is the lot at 505 Main Street?The lot at 505 Main Street in Madison, ME is about 1.1 acres.
Apartments for Rent
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Off Market Homes Near 505 Main Street
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