Active

509 Madeira St, Franklin TN 37064

$659,900
2 bed · 1,795 sqft · Built 2008

Showings will only be on Saturday and Sunday! Offers due by 6PM Sunday 10/11! Welcome to 509 Madeira St, a well-maintained all-brick home in a 55+ community in Franklin. The home features mature landscaping, a covered front entry, hardwood floors, detailed trim, and plenty of natural light. The spacious living room has a fireplace and large windows, with a dining room just off the main living area. A separate flex room offers additional space for an office, den, or study. Spend some time outside on the screened in porch or stone patio! The attached two-car garage provides convenient access a

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CloseDaily local analysis

Facts and context beyond the MLS description

The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.

Current market context

How this property compares in Franklin

This property is offered at $368 per square foot, compared with a $331 median for active 2-bedroom homes in Franklin. Its asking price falls near the 73rd percentile of that active group. The comparison uses 114 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.

The property has been tracked for 0 days, while the current cohort averages 69 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.

$368Listing $/sqft
$331Cohort median $/sqft
114Comparable active listings
69 daysAverage market time

Nearby closed sales

Recent sold homes near this property

The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $912,500, and the median is $316 per square foot where square footage was reported.

Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.

AddressSoldHomeSold priceDistance
262 Wrennewood Ln Jul 14, 2026 2 bd · 1,743 sqft $560,000 0.1 mi
1200 Vintage Grove Ln Sep 15, 2026 4 bd · 3,730 sqft $1,085,000 0.1 mi
215 Wrennewood Ln Jun 18, 2026 2 bd · 1,932 sqft $400,000 0.1 mi
215 Wrennewood Ln Aug 27, 2026 2 bd · 1,956 sqft $606,250 0.1 mi
1422 Primrose Ln May 28, 2026 6 bd · 4,305 sqft $1,525,000 0.2 mi
238 Bishops Gate Dr Sep 8, 2026 4 bd · 5,525 sqft $1,999,900 0.2 mi
1632 Cooper Creek Ln Jul 22, 2026 5 bd · 4,990 sqft $1,310,000 0.3 mi
3125 Vera Valley Rd Jul 6, 2026 4 bd · 2,279 sqft $740,000 0.3 mi

MLS timeline

Price and status history

This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.

  1. $659,900 · Coming Soon
  2. $659,900 · Coming Soon
  3. $659,900 · Coming Soon

Location reference points

How this address sits within the Franklin area

These distances are precomputed from the listing coordinates and a maintained set of regional landmarks; no mapping service is called when this page loads. Mileage is straight-line distance. Driving minutes are a planning estimate derived from that distance and should be checked against a live route before a showing or commute.

  • I-24 at Manchester54.9 miles straight-line · roughly 98 driving minutes
  • Downtown Manchester55.2 miles straight-line · roughly 99 driving minutes
  • Downtown Tullahoma55.3 miles straight-line · roughly 99 driving minutes
  • Arnold Air Force Base59.0 miles straight-line · roughly 105 driving minutes
  • Tims Ford Lake61.5 miles straight-line · roughly 110 driving minutes

Continue comparing

Similar active homes in Franklin

These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.

View all Franklin homes for sale · See the Franklin market report

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