Last List Price
10,890 Lot Size0.25 Acres
116 Old Trace Rd, Unit 64, Madison, MS 39110

Description

Reduced $10k below appraisal! Don't miss out on one of the last waterfront lots in Phase 1 of The Town of Lost Rabbit. Over one hundred feet of protected, treed, green space in front of the lot ensures an unblocked and peaceful view of the Reservoir. Watch beautiful sunrises and moon rises from your front porch in this unmatched Traditional Neighborhood Development (TND). TND's emphasize walking spaces, neighborhood parks, and live-work environments. Lost Rabbit is only 3 miles from Highway 51 in...Reduced $10k below appraisal! Don't miss out on one of the last waterfront lots in Phase 1 of The Town of Lost Rabbit. Over one hundred feet of protected, treed, green space in front of the lot ensures an unblocked and peaceful view of the Reservoir. Watch beautiful sunrises and moon rises from your front porch in this unmatched Traditional Neighborhood Development (TND). TND's emphasize walking spaces, neighborhood parks, and live-work environments. Lost Rabbit is only 3 miles from Highway 51 in the heart of Madison, and only 5 miles from I-55 yet away from the traffic noise of other urban developments. Purchase includes property survey, soil engineering study, and pre-approved plans for a 3,800 sq ft custom home designed by award-winning architects.
LISTING CLOSED: 04/29/2020 12:00 AM

  1. Listed by Ashley Roper • Front Gate Realty LLC
    P: (601) 927-4348 C: (601) 927-4348 ashleyropersells@gmail.com

Property Details for 116 Old Trace Road, Unit 64

Status
MLS #
1313903
Days on Market
538
Taxes
-
HOA Fees
$1,000 / year
Condo/Co-op Fees
-
Property Type
MLS Type
Land / Single Family Residence Lot
Year Built
-
Lot Size
0.25 AC
View
True
Waterfront
Yes
Waterfront Features
Reservoir, View

Recent comparable sales

Median sold price

$89,000

Avg days on market

337

Sale-to-list ratio

82.6%

[Madison, MS]

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Location

Listing Courtesy of Front Gate Realty LLC

Sold By Nix-Tann & Associates, Inc.

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Building Information for 116 Old Trace Road, Unit 64

Building Size-Lot Size0.25 AC

Payment Calculator

$968 per month

30 year fixed, 6.55% Interest

Principal and Interest

$884

Property Taxes

$0

HOA Dues

$83

The Payment Calculator is for illustrative purposes only.

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Property Information for 116 Old Trace Road, Unit 64

Summary
Location and General Information
  • Directions: Hoy Road to Lost Rabbit. Stay on main road. Last street on right is Old Trace Road. Lot is on right between existing houses.
  • Fencing: None
  • Subdivision Name: Lost Rabbit
  • Latitude: 32.46
  • Longitude: -90.06
Taxes and HOA
  • Association: Yes
  • Association Fee: $500
  • Association Fee Frequency: Semi-Annually
  • Tax Legal Description: Lot 64 The Town of Lost Rabbit Phase 1
  • Association Fee Includes: Maintenance Grounds, Management, Pool Service
  • Tax Year: 2018
  • Tax and Financial Information:Tax Year: 2,018.00
  • Tax and Financial Information:Flood Insurance Required?: No
  • Tax and Financial Information:Leasehold Y/N: Yes
  • Tax and Financial Information:Association: Yes
  • Tax and Financial Information:Association Fee: $500.00
  • Tax and Financial Information:Association Fee Frequency: Semi-Annually
  • Tax and Financial Information:Legal Description: Lot 64 The Town of Lost Rabbit Phase 1
School Information
  • Elementary School: Madison Avenue
  • High School: Madison Central
  • Middle Or Junior School: Madison
Property
Lot Information
  • Other Structures: None
  • Lot Size Acres: 0.25
  • Lot Size Dimensions: 100.17x112.31x102.66 (30.9,42.63,29.13) x101.56
  • Lot Features: Views
  • Lot Size Area: 0.25
  • Lot Size Units: Acres
  • Lot Size Square Feet: 10890.0
  • Land Details:Frontage Feet: 100
  • Waterfront Features:Waterfront: Yes
  • Waterfront Features:Reservoir: Yes
  • Waterfront Features:View: Yes
Property and Assessments
  • Floor Plans Count: 0
  • Property Type: Land
  • Property Sub Type: Single Family Residence Lot
  • Current Use: None
  • Road Frontage Type: Other
  • Road Surface Type: Paved
  • General Property Information:Property Sub Type: Single Family Residence Lot
  • General Property Information:Approx Lot Size Acres: .25
  • General Property Information:Lot Size Dimensions: 100.17x112.31x102.66 (30.9,42.63,29.13) x101.56
  • General Property Information:Number of Lots: 1.00
  • General Property Information:Divisible: No
  • General Property Information:Elementary School: Madison Avenue
  • General Property Information:Middle or Junior School: Madison
  • General Property Information:High School: Madison Central
Interior and Exterior Features
Interior Features
  • Sewer: Public Sewer
  • Water Source: Public
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: .00
  • Bathrooms Total Notational: .00
Rental
Rental Information
  • Owner-Tenant Information: Vacant

Property History for 116 Old Trace Road, Unit 64

DateEvent & SourcePriceAppreciation
Apr 29, 2020

Sold

GCAOR MLS #1313903

Apr 6, 2020

Contract Signed

GCAOR MLS #1313903

Oct 14, 2019

Listed (Active)

GCAOR MLS #1313903

$174,000
DateEvent & SourcePrice
04/29/2020

Sold

GCAOR MLS #1313903

04/06/2020

Contract Signed

GCAOR MLS #1313903

10/14/2019

Listed (Active)

GCAOR MLS #1313903

$174,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 116 Old Trace Road, Unit 64

This home is within Madison Co School Dist.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - 3 to 5
Public - 6 to 8
Public - 9
Rating
School
Distance
Madison Avenue Lower Elementary School
PublicK to 2

Madison Avenue Upper Elementary School
Public3 to 5

Madison Middle School
Public6 to 8

Rosa Scott School
Public9

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 116 Old Trace Road, Unit 64, Madison, MS 39110
$174,000
10,890
$1,260,000
4
3,772
$1,249,000
5
5,830
$1,187,000
4
4,880
$535,000
3
2,416
8,276
$492,500
4
2,803

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Front Gate Realty LLC

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of ROAM MLS, Gulf Coast Association of REALTORS, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the ROAM MLS, Gulf Coast Association of REALTORS, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS Logos. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ROAM MLS, Gulf Coast, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS.Listing information Copyright© 2026 MLS of ROAM, Gulf Coast, REALTOR Association of Acadiana and South West Louisiana Multiple Listing Service, Inc. All Rights Reserved.