$545,900
$74K PRICE DROP

502 Charles Dr Madison, TN 37115

Estimated payment $3,158/month

Total Views 6,011
4 Beds
3 Baths
2,189 Sq Ft
$249 Price per Sq Ft

Highlights

  • Marble Flooring
  • Walk-In Closet
  • Patio
  • No HOA
  • Cooling Available
  • Central Heating

About This Home

MARKET PRICE REDUCTION!! Welcome to this stunning fully remodeled 4 bed, 3 bath home in the heart of Madison, just named the #3 up-and-coming neighborhood in Nashville! This thoughtfully redesigned home features two luxurious master suites, perfect for multi-generational living or added rental flexibility.

No detail was overlooked in the renovation — enjoy high-end finishes throughout, from designer tile and custom lighting to a gourmet kitchen with quartz countertops and sleek cabinetry. The home boasts refinished hardwood floors throughout, offering warmth and timeless character in every room.

Sitting on a large lot with DADU potential, this property is not only move-in ready but also investment-ready. With the major redevelopment of Rivergate Mall and Madison Square recently announced, values in the area are set to rise — making this a rare opportunity to buy into one of Nashville’s most promising neighborhoods at a great price. Preferred Lender offering 1% credit for qualified buyers can be applied specifically to rate buy down. Not all programs will qualify. Credit shows in the form of reduced Lender Compensation. Lender credit is 1% of the lean value. Contact Josh Montgomery @ 951-595-0021 Agents? Buyers to verify all information

Don’t miss your chance to own a piece of Madison’s bright future!

Listing Agent

William (Bill) Britt

Exit Real Estate Solutions Brokerage Phone: 6156815857 License #322136 Listed on: 04/02/2025

Exit Real Estate Solutions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,022

Year Built

  • Built in 1950

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 200 x 181

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2,189 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Driveway

Outdoor Features

  • Patio

Schools

  • Stratton Elementary School
  • Madison Middle School
  • Hunters Lane Comp High School

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • No Home Owners Association
  • W W Gray Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04212004000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,022

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1950
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Existing
  • Attribution Contact: 6156815857
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), Entrance Foyer, Open Floorplan, Walk-In Closet(s), Kitchen Island
  • Appliances: Electric Oven, Cooktop, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
  • Flooring: Wood, Marble, Tile
  • Total Bedrooms: 4
  • Main Level Bedrooms: 4
  • Full Bathrooms: 3
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 2189
  • Building Area Units: Square Feet
  • Living Area: 2189
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Brick
  • Patio And Porch Features: Patio, Covered
  • Pool Private: No
  • Roof: Asphalt
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Garage Yn: No
  • Open Parking Spaces: 5
  • Parking Features: Concrete, Driveway
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.52
  • Lot Size: 200 X 181
  • Lot Size Units: Acres
  • Parcel #: 04212004000
  • Property Attached Yn: No

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2022

MLS Schools

  • Elementary School: Stratton Elementary
  • High School: Hunters Lane Comp High School
  • Middle Or Junior School: Madison Middle

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 $2,022 $62,150 $18,750 $43,400
2023 $2,022 $62,150 $18,750 $43,400
2022 $2,022 $62,150 $18,750 $43,400
2021 $2,044 $62,150 $18,750 $43,400
2020 $1,903 $45,075 $7,375 $37,700
2019 $1,337 $45,075 $7,375 $37,700
2018 $1,337 $45,075 $7,375 $37,700
2017 $0 $45,075 $7,375 $37,700
2016 $1,384 $35,275 $6,000 $29,275
2015 $1,384 $35,275 $6,000 $29,275
2014 $1,337 $35,275 $6,000 $29,275
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2025 07/26/25 Price Changed $545,900 -3.7% $249 / Sq Ft
06/09/2025 06/09/25 Price Changed $566,900 -3.2% $259 / Sq Ft
04/29/2025 04/29/25 Price Changed $585,900 -5.5% $268 / Sq Ft
04/02/2025 04/02/25 For Sale $620,000 -- $283 / Sq Ft
Source: Realtracs

Purchase History

Date Type Sale Price Title Company
Warranty Deed $396,000 Concord Title
Deed $346,800 Concord Title
Special Warranty Deed $65,000 None Available
Trustee Deed $140,000 None Available
Warranty Deed $110,000 American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $372,050 New Conventional
Closed $356,400 New Conventional
Previous Owner $20,416 No Value Available
Previous Owner $150,000 No Value Available
Previous Owner $20,461 No Value Available
Previous Owner $106,250 No Value Available
Previous Owner $88,000 No Value Available
Previous Owner $75,000 No Value Available
Closed $16,500 No Value Available
Source: Public Records

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Source: Realtracs

MLS Number: 2810958

Realtracs

APN: 042-12-0-040