$399,900

124 Cherry Trace Madison, IN 47250

Estimated payment $2,301/month

3 Beds
3 Baths
2,518 Sq Ft
$159 Price per Sq Ft

Highlights

  • In Ground Pool
  • Den
  • Formal Dining Room
  • 2 Fireplaces
  • First Floor Utility Room
  • Fenced Yard

About This Home

Inviting 3-bedroom, 3-bath brick home located in one of Madison’s most desirable neighborhoods. The private backyard is an entertainer’s dream with an in-ground pool and slide, pool house, hot tub, and a 14x14 gazebo—all surrounded by professional landscaping. Inside, you’ll find hardwood floors throughout the main level, tile in the kitchen and baths, and a flexible main-level bedroom currently used as a den or office. The fenced lot sits on a quiet dead-end street, offering both privacy and convenience, just minutes from golf, schools, and shopping.

Listing Agent

Patrick Lynch

F.C. Tucker/Scott Lynch Group License #RB14022524 Listed on: 09/23/2025

F.C. Tucker/Scott Lynch Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,166

Year Built

  • Built in 1990

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 120x150
  • Fenced Yard
  • Landscaped

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 2,518 Sq Ft Home
  • 1.5-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Thermal Windows
  • Blinds
  • Window Screens
  • Family Room
  • Formal Dining Room
  • Den
  • First Floor Utility Room
  • Utility Room
  • Crawl Space

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa

Utilities

  • Forced Air Heating and Cooling System
  • Gas Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 390827442055000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,166

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Improvements: 233000
  • Annual Tax: 2166
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • Foundation: Concrete Block
  • Land Assessment: 35000
  • Legal Description: n 011-01633-12 LOT 12 27-4-10 CHERRY TRACE ADD .425A 11-66-12 124 Cherry Trace
  • Lot Dimensions: 120x150
  • Numof Fireplaces: 2
  • Out Buildings: Garage
  • Parcel Number: 390827442055000007
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total: 268000
  • Total Deduction Amnt: 111225
  • Total Finished Square Footage: 2518
  • Type: 1.5 Story
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Crawl Space
  • Above Grade Finished Sq Ft: 2518.00
  • Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposal, Garage Door Opener, Range / Oven, Refrigerator
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Fireplace: Woodburning
  • Interior Amenities: 1st Floor Utility, Bath Main, Blinds, Cable Wired, Den/Office, Family Room, Formal Dining Rm, Utility/Mud Room
  • Lot Sq Ft: 17859.60
  • Room Count: 9
  • Sewer Type: Sewer
  • Total Sq Ft: 2518
  • Total Rooms: 9

Exterior Features

  • Exterior Features: Fenced Yard, Gazebo, Hot Tub, Landscaped, Paved Driveway, Pool - Inground, Screens, Thermopane Windows

Garage/Parking

  • Garage Type: Attached
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Gas
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Lot Info

  • Acres: 0.4100
  • Zoning: Residential

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,166 $216,600 $35,000 $181,600
2023 $2,242 $216,800 $35,000 $181,800
2022 $2,210 $214,900 $35,000 $179,900
2021 $2,002 $193,900 $35,000 $158,900
2020 $1,899 $186,700 $35,000 $151,700
2019 $1,901 $186,900 $35,000 $151,900
2018 $2,017 $191,200 $35,000 $156,200
2017 $1,983 $188,300 $35,000 $153,300
2016 $1,856 $176,400 $35,000 $141,400
2014 $1,630 $154,700 $35,000 $119,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2025 09/23/25 For Sale $399,900 +105.1% $159 / Sq Ft
09/13/2017 09/13/17 Sold $195,000 -15.2% $88 / Sq Ft
07/18/2017 07/18/17 Pending -- -- --
12/19/2016 12/19/16 For Sale $229,900 -- $104 / Sq Ft
Source: Southern Indiana REALTORS® Association

Purchase History

Date Type Sale Price Title Company
Deed $195,000 --
Source: Public Records

Source: Southern Indiana REALTORS® Association

MLS Number: 2025011337

Southern Indiana REALTORS® Association

APN: 39-08-27-442-055-000-007