Welcome to this beautifully crafted 4,080 sq. ft., 5-bedroom, 3.5-bath home on Madison’s hilltop in the Cherry Trace subdivision. Located on a quiet dead-end street, this property offers minimal traffic & a peaceful setting. A charming wraparound covered front porch welcomes you inside, where quality craftsmanship & thoughtful finishes are evident throughout. The main level is designed for both everyday living & entertaining, featuring an beautifully updated kitchen w/SS appliances, a center island, custom MIHER cabinetry, & quartz countertops that flow seamlessly into the large dining area & family room w/cozy fireplace. The primary suite is a true retreat, offering a large walk-in closet & updated ensuite bath w/jetted tub & walk-in shower. The finished walk-out basement expands your living space w/a large family room, wet bar, & a versatile multi-purpose room—ideal for a home gym, office, or guest space. Step outside to enjoy a lower patio overlooking the in-ground pool and spacious fenced backyard, perfect for entertaining & outdoor fun. An upper-level deck provides even more space to relax and take in the setting. Many recent updates incl. new pool liner & pool pump & new vinyl fencing. This home has been meticulously maintained & thoughtfully updated. Conveniently located near schools, shopping, golf courses, & quick access to historic downtown Madison. This property offers the ideal blend of comfort, space, and location.
For sale
Price cut: $10K (4/4)
$589,000
108 Cherry Trace, Madison, IN 47250
5beds
4,080sqft
Est.:
Single Family Residence
Built in 1991
0.47 Acres Lot
$568,600 Zestimate®
$144/sqft
$-- HOA
What's special
Finished walk-out basementNew vinyl fencingWet barQuartz countertopsQuiet dead-end streetVersatile multi-purpose roomLarge dining area
- 58 days |
- 1,168 |
- 31 |
Zillow last checked: 7 hours ago
Listing updated: April 04, 2026 at 10:49am
Listed by:
Scott Lynch,
F.C. Tucker/Scott Lynch Group
Source: SIRA,MLS#: 202605822
Originating MLS: Southern Indiana REALTORS Association
Originating MLS: Southern Indiana REALTORS AssociationTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Description: Primary Bedroom w/ensuite bathroom,Flooring: Carpet
- Level: Second
- Dimensions: 15.3 x 15.5
Bedroom
- Description: Bedroom 2,Flooring: Carpet
- Level: Second
- Dimensions: 11.4 x 13.9
Bedroom
- Description: Bedroom 3,Flooring: Carpet
- Level: Second
- Dimensions: 10.9 x 13.9
Bedroom
- Description: Bedroom 4,Flooring: Carpet
- Level: Second
- Dimensions: 11.3 x 13.9
Bedroom
- Description: Bedroom 5,Flooring: Luxury Vinyl Plank
- Level: Lower
- Dimensions: 12.8 x 14.3
Dining room
- Description: Flooring: Luxury Vinyl Plank
- Level: First
- Dimensions: 10.11 x 15.4
Family room
- Description: Family Room/Rec Room in lower level,Flooring: Luxury Vinyl Plank
- Level: Lower
- Dimensions: 16.7 x 32.1
Other
- Description: Ensuite Bathroom
- Level: Second
Other
- Description: Second Level Full Bathroom
- Level: Second
Other
- Description: Lower Level Full Bathroom,Flooring: Luxury Vinyl Plank
- Level: Lower
Half bath
- Description: Main Level Powder Room,Flooring: Luxury Vinyl Plank
- Level: First
Kitchen
- Description: Flooring: Luxury Vinyl Plank
- Level: First
- Dimensions: 15.3 x 18.10
Living room
- Description: Flooring: Carpet
- Level: First
- Dimensions: 11.3 x 13.1
Other
- Description: Den with fireplace off of kitchen,Flooring: Carpet
- Level: First
Other
- Description: Bar/Entertaining Area in lower level,Flooring: Luxury Vinyl Plank
- Level: Lower
- Dimensions: 13 x 18.11
Other
- Description: Laundry Room,Flooring: Luxury Vinyl Plank
- Level: First
- Dimensions: 6 x 9.7
Heating
- Heat Pump
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
- Laundry: Main Level, Laundry Room
Features
- Wet Bar, Eat-in Kitchen, Game Room, Jetted Tub, Kitchen Island, Second Kitchen, Utility Room, Window Treatments
- Windows: Blinds, Thermal Windows
- Basement: Full,Finished,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total structure area: 4,080
- Total interior livable area: 4,080 sqft
- Finished area above ground: 2,636
- Finished area below ground: 1,444
Property
Parking
- Total spaces: 3
- Parking features: Attached, Garage Faces Front, Garage, Garage Door Opener
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck, Patio, Porch
- Exterior features: Deck, Fence, Paved Driveway, Porch, Patio
- Pool features: In Ground, Pool
- Has spa: Yes
- Fencing: Yard Fenced
Lot
- Size: 0.47 Acres
- Features: Dead End
Details
- Parcel number: 390827441003000007
- Zoning: Residential
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Two Story
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding, Frame
- Foundation: Poured
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1991
Utilities & green energy
- Sewer: Public Sewer
- Water: Connected, Public
Community & HOA
Community
- Subdivision: Cherry Trace Subdivision
HOA
- Has HOA: No
Location
- Region: Madison
Financial & listing details
- Price per square foot: $144/sqft
- Tax assessed value: $312,600
- Annual tax amount: $3,644
- Date on market: 2/9/2026
- Cumulative days on market: 58 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Estimated market value
$568,600
$540,000 - $597,000
$2,238/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/4/2026 | Price change | $589,000-1.7%$144/sqft |
Source:  SIRA #202605822 Report a problem | ||
| 2/9/2026 | Listed for sale | $599,000+130.5%$147/sqft |
Source: SIRA #202605822 Report a problem | ||
| 7/9/2012 | Sold | $259,900$64/sqft |
Source: SIRA #J20120029 Report a problem | ||
| 1/24/2012 | Listed for sale | $259,900+68.2%$64/sqft |
Source: SCOTT LYNCH REALTY, INC. #20120029 Report a problem | ||
| 4/6/2009 | Sold | $154,490$38/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,278 +3.7% | $312,600 |
| 2023 | $3,161 +8.6% | $312,600 +1% |
| 2022 | $2,910 +8.8% | $309,600 +11.4% |
| 2021 | $2,675 +0.2% | $278,000 +5.3% |
| 2020 | $2,671 -2.9% | $263,900 |
| 2019 | $2,751 -4.3% | $263,900 |
| 2018 | $2,876 +6.7% | $263,900 -1.1% |
| 2017 | $2,696 +72% | $266,800 +6% |
| 2016 | $1,567 -3.8% | $251,700 +69.5% |
| 2014 | $1,629 -5.8% | $148,500 -4.9% |
| 2013 | $1,729 -0.2% | $156,100 |
| 2012 | $1,732 -17.6% | $156,100 -19.2% |
| 2011 | $2,102 +1.3% | $193,100 +1.4% |
| 2010 | $2,076 | $190,500 |
| 2009 | $2,076 -26.7% | $190,500 -18.5% |
| 2007 | $2,831 -33% | $233,600 -0.7% |
| 2006 | $4,228 | $235,200 |
Find assessor info on the county website
Monthly payment
Est. payment
$3,361/mo
Principal & interest
$3037
Property taxes
$324
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Climate risks
Neighborhood: 47250
Nearby schools
GreatSchools rating
- 5/10Anderson Elementary SchoolGrades: PK-4Distance: 0.7 mi
- 6/10Madison Consolidated Jr High SchoolGrades: 5-8Distance: 1 mi
- 6/10Madison Consolidated High SchoolGrades: 9-12Distance: 1.1 mi
Local experts in 47250
- Indiana
- Jefferson County
- Madison
- 47250
- 108 Cherry Trace
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