Sold
Last List Price
3 beds2,143 sqft$250/sqft
116 Water St, Madison, MS 39110
Single FamilyProperty Type
1,742 sq ftLot Size
2024Year Built
$250/sq ftPrice per sq ft
$1,375/yrHOA Fees
2 carsParking Spaces

Description

Welcome to the latest and greatest Phase of Lost Rabbit! This one level home has a large open floor plan with high ceilings and lots of natural light.. Spacious dining room right off the kitchen great for hosting family and friends. Down the hall you will find the Primary Bedroom and 2 spacious guest bedrooms. If you're looking for a low maintenance yard without compromising the outdoor patio entertaining space then this is your new home! Not to mention it has a two and a half car garage. Neighbor...Welcome to the latest and greatest Phase of Lost Rabbit! This one level home has a large open floor plan with high ceilings and lots of natural light.. Spacious dining room right off the kitchen great for hosting family and friends. Down the hall you will find the Primary Bedroom and 2 spacious guest bedrooms. If you're looking for a low maintenance yard without compromising the outdoor patio entertaining space then this is your new home! Not to mention it has a two and a half car garage. Neighbor iron fence will be installed in between homes on all houses. Phase IV is low maintenance patio style living at its finest. The Town Center of Lost Rabbit is now home to the General Store, a Spa, The Rabbit Hole (pub), neighborhood pool, marina, as well as several other offices and future development. Stop by today and come tour Madisons newest development. Please note that this property is not completed, updated pictures will be uploaded once the house is complete. Call your Realtor today for your private viewing.
  • Listed by: Pamela McGehee 601.954.2223 pammcgehee@gmail.com Brokerage DRE #23840 • The Chandler Group LLC DBA The Chandler Group
Listing closed: 03/25/2025 12:00 AM • Source: GCAOR MLS, MLS#: 4106218

Recent comparable sales

Median sold price

$525,000

Avg days on market

119

Sale-to-list ratio

98.1%

Madison, MS

9 comparable properties found

$524,000 | 112 Water Street, Madison, MS 39110
1/11
1

$524,000

Sold 09/27/24

3
Bedrooms
2,096
Square Feet
0.15
Acres
$518,000 | 129 Water Street, Madison, MS 39110
1/39
2

$518,000

Sold 04/10/25

3
Bedrooms
2,030
Square Feet
0.15
Acres
$515,000 | 112 Brashear Street, Madison, MS 39110
1/79
3

$515,000

Sold 06/12/26

3
Bedrooms
2,115
Square Feet
0.1
Acres
$525,045 | 110 Brashear Street, Madison, MS 39110
1/37
4

$525,045

Sold 05/15/25

3
Bedrooms
2,059
Square Feet
0.17
Acres
$549,900 | 106 Brashear Street, Madison, MS 39110
1/43
5

$549,900

Sold 02/26/26

3
Bedrooms
2,177
Square Feet
0.17
Acres
$539,000 | 137 Water Street, Madison, MS 39110
1/6
6

$539,000

Sold 04/06/26

3
Bedrooms
2,079
Square Feet
0.15
Acres
$568,650 | 134 Water Street, Madison, MS 39110
1/2
7

$568,650

Sold 04/28/26

3
Bedrooms
2,230
Square Feet
0.12
Acres
$577,320 | 135 Water Street, Madison, MS 39110
1/17
8

$577,320

Sold 06/05/26

3
Bedrooms
2,264
Square Feet
0.1
Acres
$495,900 | 111 Lemoyne Street, Madison, MS 39110
1/47
9

$495,900

Sold 07/09/26

3
Bedrooms
2,178
Square Feet
0.08
Acres

Location

Listing Courtesy of The Chandler Group LLC DBA The Chandler Group

Sold By Harrigill Real Estate, LLC

Add your commute

Payment Calculator

$2,938 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,723

Property Taxes

$100

HOA Dues

$115

The Payment Calculator is for illustrative purposes only.

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Property Information for 116 Water Street

Property Details
  • Taxes: $1,200 / year
  • MLS Type: Residential / Single Family Residence
  • Architectural Style: Contemporary
Building Information
  • Year Built: 2024
  • Lot Size: 0.04 AC / 1,742 SF
Summary
Location and General Information
  • Community Features: Boating, Fishing, Lake, Marina, Near Entertainment, Pool, Restaurant, Sidewalks, Street Lights
  • Fencing: Wrought Iron
  • Subdivision Name: Lost Rabbit
  • Latitude: 32.46
  • Longitude: -90.06
Taxes and HOA
  • Association: Yes
  • Association Fee: $1,375
  • Tax Legal Description: Lot 409
  • Association Fee Includes: Accounting/Legal, Maintenance Grounds, Management, Pool Service
  • Tax Year: 2024
  • Tax Annual Amount: $1,200.00
  • Tax and Financial Information:Tax Annual Amount: $1,200.00
  • Tax and Financial Information:Tax Year: 2,024.00
  • Tax and Financial Information:Homestead Y/N: No
  • Tax and Financial Information:Additional Exemptions Y/N: No
  • Tax and Financial Information:Flood Insurance Required?: No
  • Tax and Financial Information:Leasehold Y/N: Yes
  • Tax and Financial Information:Leasehold Fee: $1,300.00
  • Tax and Financial Information:16th Section: No
  • Tax and Financial Information:Association: Yes
  • Tax and Financial Information:Association Fee: $1,375.00
  • Tax and Financial Information:Covenants Y/N: Yes
  • Tax and Financial Information:Legal Description: Lot 409
Parking
  • Parking Features: Concrete
  • Garage: Yes
  • Carport Spaces: .00
  • Garage Spaces: 2.50
  • Parking Total: 2.50
  • Attached Garage: No
  • Parking Features:Parking Total: 2.50
  • Parking Features:Garage: Yes
School Information
  • Elementary School: Madison Avenue
  • High School: Madison Central
  • Middle Or Junior School: Madison
  • District High School: Madison CO Dist
Property
Lot Information
  • Lot Size Acres: 0.04
  • Year Built Source: Builder
  • Lot Features: Fenced, Sprinklers In Front
  • Structure Type: House
  • Living Area Source: Builder
  • Building Area Total: 2143.0
  • Lot Size Area: 0.04
  • Lot Size Units: Acres
  • Lot Size Square Feet: 1742.4
  • Waterfront Features:Waterfront: No
Property and Assessments
  • New Construction: Yes
  • Disclosures: None
  • Floor Plans Count: 0
  • Contingent Timestamp: 03-10-2025 12:41:41 PM
  • Property Type: Residential,Single Family Residence
  • Year Built: 2024
  • Property Sub Type: Single Family Residence
  • General Property Information:New Construction: Yes
  • General Property Information:Property Condition: New Construction
  • General Property Information:Approx Lot Size Acres: .04
  • General Property Information:SqFt Source: Builder
  • General Property Information:Year Built Source: Builder
  • General Property Information:Garage Spaces: 2.50
  • General Property Information:Carport Spaces: .00
  • General Property Information:Total Floors: 1.00
  • General Property Information:Bathrooms Half: .00
  • General Property Information:Bathrooms Three Quarter: .00
  • General Property Information:Fireplace: Yes
  • General Property Information:Fireplaces Total: 1.00
  • General Property Information:Pool: No
  • General Property Information:School District: Madison CO Dist
  • General Property Information:Elementary School: Madison Avenue
  • General Property Information:Elementary School 2: N/A
  • General Property Information:Intermediate School: N/A
  • General Property Information:Middle or Junior School: Madison
  • General Property Information:High School: Madison Central
  • General Property Information:Home Warranty: No
  • General Property Information:Accessibility Features: No
Utilities
  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Available, Water Connected, Underground Utilities
Interior and Exterior Features
Exterior Features
  • Roof: Architectural Shingles
  • Pool Private: No
  • Construction Materials: Brick
  • Foundation Details: Slab
  • Exterior Features: Lighting
  • Patio And Porch Features: Patio
  • Security Features: Smoke Detector(s)
  • Barn Features:Barn: No
  • Horse Amenities:Horse Amenities: No
Interior Features
  • Flooring: Ceramic Tile, Hardwood
  • Fireplace: Yes
  • Basement: No
  • Cooling: Yes
  • Cooling: Ceiling Fan(s), Central Air
  • Door Features: Dead Bolt Lock(s)
  • Fireplace Features: Living Room, Ventless
  • Heating: Central, Fireplace Insert
  • Interior Features: Built-in Features, Ceiling Fan(s), Double Vanity, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Primary Downstairs, Soaking Tub, Stone Counters, Walk-In Closet(s)
  • Laundry Features: Laundry Room, Main Level
  • Levels: One
  • Sewer: Public Sewer
  • Water Source: Public
  • Window Features: Insulated Windows
  • Heating: Yes
  • Rooms Total: 0
  • Bathrooms Total Integer: 2
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Notational: 2.00
  • Bedrooms Total: 3
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Appliances: Built-In Gas Oven, Built-In Gas Range, Dishwasher, Disposal, Exhaust Fan, Microwave, Stainless Steel Appliance(s), Tankless Water Heater, Vented Exhaust Fan
  • Attic Features:Attic: Yes
  • Basement Features:Basement: No

Property History for 116 Water Street

DateEvent & SourcePriceAppreciation
Mar 25, 2025

Sold

GCAOR MLS #4106218

Mar 20, 2025

Contract Signed

GCAOR MLS #4106218

Mar 20, 2025

Listed (Active)

GCAOR MLS #4106218

$535,750
DateEvent & SourcePrice
03/25/2025

Sold

GCAOR MLS #4106218

03/20/2025

Contract Signed

GCAOR MLS #4106218

03/20/2025

Listed (Active)

GCAOR MLS #4106218

$535,750

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

Public Records for 116 Water Street

Taxable ValueLand-Additions-Total-
Tax Record2025$1,453 ($121 / month)
Home Facts
Beds0StyleMiscellaneous Vacant LandCountyMADISONAPN072A-11D-003/07

Schools near 116 Water Street

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 Water Street, Madison, MS 39110
$535,750
3
2,143
1,742
2,377
$524,500
3
2,088
6,534
$524,000
3
2,096
6,534
2,510
4,307

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.

Listing Courtesy of The Chandler Group LLC DBA The Chandler Group

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.