$589,000
OPEN SUN 2PM - 4PM $100K PRICE DROP

481 Cheyenne Ln Madison, MS 39110

Madison Area

Estimated payment $3,389/month

Total Views 12,094
5 Beds
3 Baths
3,749 Sq Ft
$157 Price per Sq Ft

Highlights

  • Lake Front
  • Fishing
  • Open Floorplan
  • Madison Avenue Upper Elementary School Rated A
  • 1.2 Acre Lot
  • Community Lake

About This Home

$100,000 instant equity (below March 2026 appraisal) Welcome to a rare waterfront opportunity in Natchez Trace Village-set on a 1.2-acre lot with an extraordinary 330 feet of private lake frontage. Don't miss this chance to enjoy tranquil lakefront living just 5 minutes from reservoir boat access. The flexible floor plan includes five bedrooms, three fully renovated baths with tile finishes, and separate office/library spaces with custom built-ins. A split layout offers potential for a private guest or mother-in-law suite. Recent updates include: -New LVP flooring throughout -Fresh interior and exterior paint -Updated fixtures -New appliances Blending modern touches with timeless character such as: solid pine doors and detailed woodwork. All the work has been done for you with recently replaced roofing, gutters, air, heating and water heater systems, and added peace of mind from 2025 foundation stabilization that includes a transferable warranty. From the moment you step through the door, the home opens into a stunning 600 square foot great room with vaulted tongue-and-groove wood ceilings, floor-to-ceiling brick fireplace, and expansive windows framing sweeping lake views. Natural light and water views anchor the main living space, creating an immediate sense of openness and calm. Designed for both everyday living and unforgettable entertaining, the outdoor space is truly exceptional. A sprawling 900 square foot elevated patio offers panoramic lake views complemented by a covered porch, tiered fountain, mature trees, and established landscaping-providing both beauty and privacy in a one-of-a-kind setting. Additional features include a circular drive with ample parking and thoughtfully designed outdoor spaces that maximize the home's elevated position above the lake. Come see an exceptional property that combines scale, character, and waterfront living in one of Madison's most established neighborhoods.

Listing Agent

Bethany Culley-

Keller Williams License #B12648 Listed on: 04/08/2026

Keller Williams

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,446

Year Built

  • Built in 1970

Lot Details

  • 1.2 Acre Lot
  • Lake Front
  • Landscaped

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Carport

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 3,749 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Beamed Ceilings
  • Sheet Rock Walls or Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Track Lighting
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Fireplace in Hearth Room
  • Double Pane Windows
  • Vinyl Clad Windows
  • Blinds
  • Aluminum Window Frames
  • Entrance Foyer
  • Formal Dining Room
  • Play Room
  • Craft Room
  • Storage
  • Laundry Room
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Double Vanity
  • Walk-in Shower

Outdoor Features

  • Access To Lake
  • Covered Patio or Porch

Location

  • City Lot

Schools

  • Madison Avenue Elementary School
  • Madison Middle School
  • Madison Central High School

Utilities

  • Central Air
  • Heating Available
  • Natural Gas Connected
  • Natural Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 072e-22a-024-00-00

Community Details

Overview

  • Natchez Trace Village Subdivision
  • Community Lake

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,446

Year Built

Built in 1970

Lot Details

1.2 Acres

HOA Fees

$4 per month

Parking

2

Listing Details

  • Unit Levels: One
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Structure Type: House
  • Year Built: 1970
  • Lot Size Acres: 1.2
  • Subdivision Name: Natchez Trace Village
  • New Construction: No
  • General Property Information:List PriceSqFt: 157.11
  • Covenants And Restrictions: Homeowner Association
  • Special Purpose Rooms: Storage, Breakfast Area, Craft Room, Recreation/Play Room, Formal Dining Room
  • Special Features: 4097

Interior Features

  • BasementFeaturesBasement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Carpet, Luxury Vinyl
  • Window Features: Aluminum Frames, Double Pane Windows, Vinyl, Vinyl Clad, Blinds
  • Fireplace: Yes
  • Appliances: Cooktop, Dishwasher, Electric Oven, Exhaust Fan, Gas Water Heater, Oven, Water Heater, Electric Cooktop
  • Bathroom Features: Double Vanity, Walk-In Shower
  • Interior Features: Beamed Ceilings, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Walk-In Closet(s), Double Vanity, Eat-in Kitchen, Entrance Foyer, High Speed Internet, In-Law Floorplan, Primary Downstairs, Open Floorplan, Pantry, Recessed Lighting, Storage, Track Lighting, Vaulted Ceiling(s), Split Plan
  • Kitchen Features: Breakfast Bar
  • Walls - Interior: Sheetrock
  • Door Features: Dead Bolt Lock(s), Double Entry
  • Fireplace Features: Gas Starter, Hearth, Wood Burning

Exterior Features

  • Disclosures: None
  • Lot Features: Landscaped, City Lot, Views
  • Roof: Architectural Shingles
  • Patio And Porch Features: Covered, Patio, Porch, Stone/Tile
  • Waterfront Features: Lake, Other, Lake Front, Waterfront, View
  • WaterfrontFeaturesWaterfront: Yes
  • Pool Private: No
  • Waterfront: Yes
  • General Property Information:Accessibility Features: No
  • Exterior ConstructionSiding: Brick
  • Foundation Details: Slab

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Carport

Utilities

  • Sewer: Public Sewer, Other
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Cooling: Ceiling Fan(s), Central Air
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Laundry Features: Laundry Room
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Association Fee: 50.0
  • Association Fee Frequency: Annually
  • Community Features: Lake, Fishing
  • Association: Yes

Association/Amenities

  • HorseAmenitiesHorseAmenities: No

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Madison Avenue
  • High School: Madison Central
  • Middle Or Junior School: Madison
  • Junior High Dist: Madison CO Dist

Lot Info

  • Parcel #: 072e-22a-024-00-00
  • Lot Size Sq Ft: 52272.0

Tax Info

  • Tax Annual Amount: 2446.0
  • Tax Year: 2025

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,446 $23,562 $0 $0
2024 $4,119 $35,343 $0 $0
2023 $4,119 $35,343 $0 $0
2022 $4,119 $35,343 $0 $0
2021 $3,977 $34,127 $0 $0
2020 $3,980 $34,151 $0 $0
2019 $3,980 $34,151 $0 $0
2018 $3,980 $34,151 $0 $0
2017 $3,922 $33,660 $0 $0
2016 $3,922 $33,660 $0 $0
2015 $3,922 $33,660 $0 $0
2014 $3,922 $33,660 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/14/2026 05/14/26 Price Changed $589,000 -9.4% $157 / Sq Ft
04/25/2026 04/25/26 Price Changed $649,900 -5.7% $173 / Sq Ft
04/08/2026 04/08/26 For Sale $689,000 -- $184 / Sq Ft
Source: MLS United

Source: MLS United

MLS Number: 4145246

MLS United

APN: 072E-22A-024-00-00

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