Welcome to this beautifully remodeled 4-bedroom, 3-bath home, perfectly blending modern elegance with functional living. Situated on an oversized .82 acre spacious lot, this home features a private in-law suite, ideal for multigenerational living, guests, or rental potential. Step inside to find an open-concept floor plan adorned with rich hardwood flooring, custom shaker-style cabinetry, and stunning quartz countertops throughout. The fully updated kitchen is a chef’s dream, boasting a large center island, stainless steel appliances, and ample storage. Retreat to the spacious primary suite with a spa-like en-suite bathroom, while three additional bedrooms offer comfort and flexibility for family, work, or play. The in-law suite includes its own separate living area and bathroom, offering privacy and convenience. Additional highlights include a 2-car garage, modern fixtures, energy-efficient upgrades, and tasteful finishes in every room. This move-in ready home has it all — space, style, and versatility. Don’t miss the opportunity to own this turnkey gem!
Closed
$580,000
500 Lanier Dr, Madison, TN 37115
5beds
2,300sqft
Single Family Residence, Residential
Built in 1955
0.82 Acres Lot
$581,500 Zestimate®
$252/sqft
$3,094 Estimated rent
Home value
$581,500
$552,000 - $611,000
$3,094/mo
Zestimate® history
Owner options
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$3,094/mo
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$3,094/mo
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$3,415/mo
Est. payment
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$3,415/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing Provided by:
Brandon Bubis 615-804-6154,
Legacy South Brokerage
Bought with:
Michelle Hsu, 343308
Tyler York Real Estate Brokers, LLC
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3117202
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bedrooms: 4
Bedroom 1
- Features: Suite
- Level: Suite
- Area: 225 Square Feet
- Dimensions: 15x15
Bedroom 2
- Area: 132 Square Feet
- Dimensions: 11x12
Bedroom 3
- Area: 110 Square Feet
- Dimensions: 11x10
Bedroom 4
- Area: 90 Square Feet
- Dimensions: 9x10
Primary bathroom
- Features: Double Vanity
- Level: Double Vanity
Kitchen
- Features: Eat-in Kitchen
- Level: Eat-in Kitchen
- Area: 144 Square Feet
- Dimensions: 12x12
Living room
- Features: Combination
- Level: Combination
- Area: 264 Square Feet
- Dimensions: 11x24
Other
- Features: Bedroom 5
- Level: Bedroom 5
- Area: 88 Square Feet
- Dimensions: 8x11
Recreation room
- Features: Second Floor
- Level: Second Floor
- Area: 276 Square Feet
- Dimensions: 12x23
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Built-In Electric Oven, Built-In Gas Range, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Microwave, Refrigerator, Stainless Steel Appliance(s)
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Ceiling Fan(s), Extra Closets, High Ceilings, In-Law Floorplan, Open Floorplan, Pantry, Walk-In Closet(s), High Speed Internet
- Flooring: Wood, Laminate, Tile
- Basement: None,Crawl Space
Interior area
- Total structure area: 2,300
- Total interior livable area: 2,300 sqft
- Finished area above ground: 2,300
Property
Parking
- Total spaces: 8
- Parking features: Garage Faces Side, Concrete
- Garage spaces: 2
- Uncovered spaces: 6
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch, Covered, Deck
Lot
- Size: 0.82 Acres
- Dimensions: 87 x 366
Details
- Additional structures: Storage
- Parcel number: 05202000500
- Special conditions: Standard,Owner Agent
- Other equipment: Air Purifier, Satellite Dish
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Brick
- Roof: Shingle
Condition
- New construction: No
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available, Cable Connected
Community & neighborhood
Location
- Region: Madison
- Subdivision: Rainbow Terrace
Other
Other facts
- Available date: 07/31/2025
Price history
| Date | Event | Price |
|---|---|---|
| 4/2/2026 | Sold | $580,000-1.7%$252/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #3117202 Report a problem | ||
| 3/4/2026 | Contingent | $589,900$256/sqft |
Source: RealTracs MLS as distributed by MLS GRID #3117202 Report a problem | ||
| 2/18/2026 | Price change | $589,900-1.7%$256/sqft |
Source: RealTracs MLS as distributed by MLS GRID #3117202 Report a problem | ||
| 1/30/2026 | Listed for sale | $599,900$261/sqft |
Source: RealTracs MLS as distributed by MLS GRID #3117202 Report a problem | ||
| 1/15/2026 | Listing removed | $599,900$261/sqft |
Source: RealTracs MLS as distributed by MLS GRID #3071147 Report a problem | ||
| 1/6/2026 | Contingent | $599,900$261/sqft |
Source: RealTracs MLS as distributed by MLS GRID #3071147 Report a problem | ||
| 1/2/2026 | Listed for sale | $599,900$261/sqft |
Source: RealTracs MLS as distributed by MLS GRID #3071147 Report a problem | ||
| 1/1/2026 | Listing removed | $599,900$261/sqft |
Source: RealTracs MLS as distributed by MLS GRID #3051873 Report a problem | ||
| 12/4/2025 | Listed for sale | $599,900-4%$261/sqft |
Source: RealTracs MLS as distributed by MLS GRID #3051873 Report a problem | ||
| 12/1/2025 | Listing removed | $625,000$272/sqft |
Source: RealTracs MLS as distributed by MLS GRID #3038877 Report a problem | ||
| 11/3/2025 | Listed for sale | $625,000-3.8%$272/sqft |
Source: RealTracs MLS as distributed by MLS GRID #3038877 Report a problem | ||
| 11/1/2025 | Listing removed | $650,000$283/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2995221 Report a problem | ||
| 9/16/2025 | Listed for sale | $650,000-3.7%$283/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2995221 Report a problem | ||
| 9/16/2025 | Listing removed | $675,000$293/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2968054 Report a problem | ||
| 8/25/2025 | Price change | $675,000-3.6%$293/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2968054 Report a problem | ||
| 8/8/2025 | Listed for sale | $699,900+145.6%$304/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2968054 Report a problem | ||
| 12/20/2024 | Sold | $285,000$124/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,094 +35.3% | $109,950 +56.5% |
| 2024 | $2,287 | $70,275 |
| 2023 | $2,287 | $70,275 |
| 2022 | $2,287 -1% | $70,275 |
| 2021 | $2,311 +2% | $70,275 +30.9% |
| 2020 | $2,266 +33.8% | $53,675 |
| 2019 | $1,693 | $53,675 |
| 2018 | $1,693 +0% | $53,675 |
| 2017 | $1,693 | $53,675 +47.6% |
| 2016 | -- | $36,375 |
| 2015 | $1,427 | $36,375 |
| 2014 | $1,427 | $36,375 +44.3% |
| 2013 | -- | $25,200 -7.4% |
| 2012 | -- | $27,200 |
| 2011 | -- | $27,200 |
| 2010 | -- | $27,200 |
| 2009 | -- | $27,200 +30.9% |
| 2008 | -- | $20,775 |
| 2007 | -- | $20,775 |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Neighborhood: Rainbow Terrace
Nearby schools
GreatSchools rating
- 4/10Stratton Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 4/10Madison Middle PrepGrades: 6-8Distance: 1 mi
- 4/10Hunters Lane Comp High SchoolGrades: 9-12Distance: 3.3 mi
Schools provided by the listing agent
- Elementary: Amqui K-8 School
- Middle: Madison Middle
- High: Hunters Lane Comp High School
Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$581,500
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Estimated market value
$581,500
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