557 Preble Avenue, Madison, ME 04950
SOLD
MAY 18, 2026

557 Preble Avenue
Madison, ME 04950

  • 4 Beds
  • 2 Baths
  • 2,352 sqft (on 2 acres)

$118,000

Last Sold: May 18, 2026
21% below list $150K
$50/sqft

$118,000

Last Sold: May 18, 2026
21% below list $150K
$50/sqft
4 Beds
2 Baths
2,352 sqft
(on 2 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination
Last check for updates: about 15 hours ago
Listed by Real Broker
Bought with: Coldwell Banker Sandy River Realty
Source: Maine Listings, MLS#1649513

Description

This classic single-family residence offers 4 bedrooms and 2 full bathrooms, providing ample space and flexible living options. With 2,352 square feet of interior living space, this home presents a solid foundation for customization and value enhancement.

Situated on a spacious 2-acre lot, the property offers privacy while remaining conveniently close to town, making it an ideal location for both owner-occupants and investors. A newer metal roof adds durability and long-term value, while multiple heat sources provide efficiency and comfort options throughout the seasons.

The home includes a 2-bay garage, perfect for vehicles, storage, or workshop use. While the property needs TLC, it offers tremendous potential for renovation, rental income, or resale. The generous lot size allows room for outdoor living, expansion, or landscaping improvements.

With its desirable layout, strong structural features, and excellent location, this property is a great investment opportunity for buyers looking to add value and make it their own.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from May 20, 2026

Home Highlights

Parking
2 Car Garage
Outdoor
Deck
A/C
Heating only
HOA
None
Price/Sqft
$50/sqft
Listed
141 days ago

Home Details for 557 Preble Avenue

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Interior Entry,PartialNumber of Rooms: 9Types of Rooms: Primary Bedroom, Bedroom 1, Bedroom 2, Bedroom 3, Dining Room, Kitchen, Laundry, Living Room, Office
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 2352 Square Feet
Appliances & Utilities
Appliances: Gas Range, RefrigeratorRefrigerator
Heating & Cooling
Heating: Baseboard,Hot Water,Pellet Stove,Wood StoveNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Flooring: Vinyl
Levels, Entrance, & Accessibility
Floors: Vinyl
View
Has a ViewView: Trees/Woods

Exterior Features

Exterior Home Features
Roof: Metal PitchedPatio / Porch: DeckFoundation: Poured ConcreteNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Gravel,1 - 4 Spaces
Frontage
Road Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Private Sewer
Finished Area
Finished Area (above surface): 2352 Square Feet

Property Information

Year Built
Year Built: 1960
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Cape Cod
Building
Construction Materials: Wood Frame, Vinyl Siding

Price & Status

Price
List Price: $150,000Price Per Sqft: $50/sqft
Status Change & Dates
Off Market Date: Mon Mar 23 2026

Location

Direction & Address
City: Madison

Building

Building Area
Building Area: 2352 Square Feet

Lot Information

Lot Area: 2 Acres

Miscellaneous

BasementMls Number: 1649513Above Grade Unfinished Area: 2352

Price History for 557 Preble Avenue

DatePriceEventSource
05/18/2026$118,000Sold
Maine Listings #1649513
03/24/2026$150,000PendingMaine Listings #1649513
03/05/2026$150,000PriceChange
Maine Listings #1649513
02/28/2026$160,000PendingToActiveMaine Listings #1649513
01/30/2026$160,000ContingentMaine Listings #1649513
01/16/2026$160,000Listed For SaleMaine Listings #1649513
09/29/2017$80,000Sold
Maine Listings #1315224
08/09/2017$99,900PriceChange
Agent Provided
06/30/2017$104,900Listed For SaleAgent Provided

Market trends in Madison

Last updated April 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
17
2MoM
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Property Tax and Assessment

Year2024
Tax$2,777
Assessment$130,700
Home facts updated by county records

Comparable Sales for 557 Preble Avenue

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
57 Deer Run Road, Madison, ME
1.19
Single-Family Home
$255,000
03/31/26
3
2
1,179
75 Colby Bryant Road, Madison, ME
1.16
Single-Family Home
$270,000
10/22/25
2
1.5
1,280
456 Main Street, Madison, ME
1.58
Single-Family Home
$164,000
08/29/25
3
1.5
1,385
31 Red Barn Road, Norridgewock, ME
1.81
Single-Family Home
$130,000
11/03/25
4
1
1,536
231 Main Street, Madison, ME
2.22
Single-Family Home
$200,000
08/07/25
4
1.5
1,972
56 Myrtle Street, Madison, ME
2.15
Single-Family Home
$293,000
08/22/25
3
2
1,532
15 Clifton Street, Madison, ME
2.22
Single-Family Home
$162,250
10/10/25
3
1
1,860
11 Ash Street, Madison, ME
2.35
Single-Family Home
$271,350
12/22/25
3
2
2,176

Nearby homes

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Assigned Schools

These are the assigned schools for 557 Preble Avenue.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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

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Apartments for Rent

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Homes for sale near 557 Preble Avenue

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Off Market Homes Near 557 Preble Avenue

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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

Homes for rent near 557 Preble Avenue

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557 Preble Avenue, Madison, ME 04950 is a 4 bedroom, 2 bathroom, 2,352 sqft single-family home built in 1960. This property is not currently available for sale. 557 Preble Avenue was last sold on May 18, 2026 for $118,000 (21% lower than the asking price of $150,000). The current Trulia Estimate for 557 Preble Avenue is $118,100.