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for saleRealtyLens property overview
$259,525

226 Ellington Pl

Madison, TN, 37115
View more Madison, TN property pages
2Beds
1.5Baths
1,302Sqft
$199$/sqft

Listing Notes

This 2 bedroom, 1.5 bath condo in Madison offers 1,302 square feet, natural light throughout the day, two dedicated parking spaces, and a private fenced patio backing to wooded views with no homes directly behind. The main living area opens easily into the kitchen, creating a layout that feels connected without wasting space. LVP flooring runs throughout the main level, and the fireplace adds warmth and character to the living area. The kitchen was updated in 2018 with cabinetry, countertops, stainless steel appliances, and tile backsplash, while the upstairs bath was also updated with a tiled tub surround and updated cabinetry. Several of the major systems have already been addressed, including roof in 2021, HVAC in 2023, water heater in 2025, and windows replaced in 2018. The fenced patio creates a quieter outdoor setting that feels tucked away, with community pool and clubhouse access also available to residents. Conveniently located near downtown Nashville, East Nashville, Opry Mills, the airport, Ellington Parkway, Briley Parkway, and I-65.

Market Insights

Below nearby median-8.7%

$199/sqft vs a nearby median of $218/sqft.

Nearby median$218/sqft
Nearby properties8
Property size1,302 sqft
  • -8.7% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,302 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$279k$257k$301k · 62% confidence
vs ask $260k−$19k (−7.3%)

Asking price is about 7.3% below the fair value — likely to draw competing offers if it's still on market.

$217/sqft median across 7 tight comps × 1,302 sqft= $283k
  • Sparse street life−$4k −1.5%
Cumulative NYC adjustments−$4k−1.5%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-8.7% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
3 days
Last price change
No change recorded
Listed
May 9, 2026
Photos
35 photos
Property type
townhomes
Status
for sale
Last sold
Apr 6, 2018 · $139,900

Features & Amenities

Central AirCentral HeatDishwasherPets AllowedTwo Or More StoriesSwimming PoolViewsOpen Concept LivingFireplaceDenPatioClubhouse

Photos

Price History

May 9, 2026Initial record
$259,525for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.