161 Ellington Pl, Madison, TN 37115
161 Ellington Pl, Madison, TN 37115, Pending at $200,000 ($180/sq ft). 2 bd · 2 ba · 1,110 sqft · $180/sqft · 0.02 ac.
161 Ellington Pl, Madison, TN 37115, Pending at $200,000 ($180/sq ft). 2 bd · 2 ba · 1,110 sqft · $180/sqft · 0.02 ac.

Pending · $200,000
MLS #3545564 · listed July 29, 2026 · 42 days on market · updated September 9, 2026
2-bed, 2-bath home at 161 Ellington Pl in Ellington Place, Madison, 1,110 sqft, $200,000 ($180/sqft), by Reliant Realty ERA Powered.
Status: this home is currently under contract, per Realtracs as of September 9, 2026.
161 Ellington Pl is a 2-bedroom, 2-bath home in Madison, TN 37115, offered at $200,000, about $180/sq ft across 1,110 sq ft.
At $180/sq ft, this home is about 20% below the Madison 37115 median list price per square foot of $225.
Market read: the Madison homes market is balanced, at about 3.6 months of inventory.
All-in, about $1,691/mo at 20% down (7.50% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance, and HOA) run about $572/mo, roughly 34% of the all-in monthly payment.
At the current 7.50% 30-year rate, principal and interest on this home runs about $1,119/mo; at the 6.64% rate of about three months ago it would be roughly $1,026/mo, so monthly P&I is about $93 higher now.
School zone: assigned to Chadwell Elementary, Jere Baxter Middle, Maplewood Comp High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 161 Ellington Pl (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of September 9, 2026. Realtracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Madison.
One-story, 2 bedroom and 2 bath condominium nestled near the heart of Madison, TN. This home offers excellent access to the interstate placing it within minutes of downtown Nashville and the surrounding cities.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 161 Ellington Pl (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Under contract | |||
| Pending | |||
| Listed | $200,000 | ||
| Deed recorded | $74,765 | ||
| Quitclaim deed | $8,591 | ||
| Deed recorded | $6,050 | ||
| Quitclaim deed | $0 |
Listed July 29, 2026, this listing was on the market 42 days before it went under contract. It has been under contract since September 9, 2026.
County assessment from Davidson County public records; listing-cycle history tracked by the GH Market Engine.
Estimated monthly ownership for 161 Ellington Pl at $200,000: principal & interest, property tax, insurance, and HOA. Estimate only; not a loan offer.
| List price | $200,000 |
|---|---|
| HOA dues | $300 / mo |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate |
Estimated total monthly payment for 161 Ellington Pl is about $1,691/mo, 20% down on a 30-year fixed at 7.50% (a conforming loan), including principal & interest $1,119, estimated property tax $116, homeowners insurance $156, and HOA dues $300. Estimate only; not a loan offer.
| Principal & interest | $1,119/mo |
|---|---|
| Property tax (est.) | $116/mo |
| Homeowners insurance (est.) | $156/mo |
| HOA dues | $300/mo |
| Estimated total | $1,691/mo |
Assumes 20% down, 30-year fixed at 7.50% (Mortgage News Daily, as of October 8, 2026). Property tax uses the Davidson County General Services District rate at the 25% TN residential ratio. Estimate only; not a loan offer or appraisal. Enable JavaScript to adjust down payment, term, loan type, and rate.
| 30-year rate | Principal & interest | Est. total / mo | vs current |
|---|---|---|---|
| 6.50% | $1,011/mo | $1,583/mo | -$108/mo |
| 7.00% | $1,064/mo | $1,636/mo | -$55/mo |
| 7.50% | $1,119/mo | $1,691/mo | current |
| 8.00% | $1,174/mo | $1,746/mo | +$55/mo |
| 8.50% | $1,230/mo | $1,802/mo | +$111/mo |
Principal & interest on a 30-year fixed at 20% down ($160,000 loan), with property tax, insurance, and HOA held constant at $572/mo. Current 30-year fixed 7.50% (Mortgage News Daily, as of October 8, 2026). Estimate only; not a loan offer.
Owning 161 Ellington Pl runs about $1,691/mo all-in, from the payment estimate above. Whether buying beats renting turns on how long you stay, how fast prices and rents move, and the rent you would otherwise pay. Turn on JavaScript to model those assumptions and find the year buying pulls ahead.
Method: net cost to own equals down payment plus about 3% closing plus payments made, minus equity built (principal paid and appreciation) and about 7% exit costs, measured against cumulative rent. Broker commissions are not set by law and are fully negotiable. Estimate only; not financial advice.
| Metric | This home | Madison 37115 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $180 | $227 median | - |
| Price position | 16th pctile | -21% vs median | - |
This listing beside the active Madison 37115 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 8, 2026.
At $180/sq ft, this home ranks in the 16th percentile of the 252 active homes in Madison 37115 by price per square foot.
Computed by Grant Hammond from 252 Madison 37115 comparables (Realtracs via IDX), as of October 8, 2026, refreshed weekly.
Median list price per square foot for active single-family homes by high-school attendance zone. Attendance zones cross city mailing lines; this is a price comparison, not a rating.
| High-school zone | Median $/sq ft |
|---|---|
| Hillsboro | $460/sq ft |
| Stratford | $369/sq ft |
| Pearl-Cohn | $318/sq ft |
| Maplewood | $317/sq ft |
| Glencliff | $282/sq ft |
| James Lawson | $273/sq ft |
| John Overton | $263/sq ft |
| McGavock | $236/sq ft |
| Hunters Lane | $233/sq ft |
| Whites Creek | $233/sq ft |
| Cane Ridge | $220/sq ft |
| Antioch | $212/sq ft |
Computed by Grant Hammond from active Davidson County listings (Realtracs via IDX).
| Active listings | 102 in Madison homes |
|---|---|
| Recent absorption | about 28.3 sales / mo |
| Months of inventory | 3.6 months, a balanced market |
Supply-side and recent-sale context for Madison homes. Sale figures are trailing 6/12/24-month medians of recorded Madison homes closings. Source Realtracs via IDX, as of September 26, 2026.
161 Ellington Pl sits in Ellington Place, Madison, Davidson County.
In Madison 37115, homes there are priced around $225 per square foot; inventory in Madison homes is running at about 3.6 months, a balanced market.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of September 26, 2026.
Approximately 6.0 miles from downtown Nashville (straight-line distance).
161 Ellington Pl is zoned for Chadwell Elementary, Jere Baxter Middle, Maplewood Comp High School. Attendance zones and enrollment change, confirm current zoning with the Metro Nashville Public Schools district before relying on it.
Get the full details, recent comparable sales, and any off-market options for 161 Ellington Pl - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
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As of the latest update (September 9, 2026), 161 Ellington Pl, Madison is under contract and no longer being shown, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
161 Ellington Pl was listed on July 29, 2026 and went under contract on September 9, 2026, after 42 days on the market, per Realtracs.
No. The asking price has been $200,000 since it was listed on July 29, 2026.
161 Ellington Pl, Madison is listed at $200,000, about $180 per square foot across 1,110 square feet.
2 bedrooms and 2 bathrooms.
About $180 per square foot ($200,000 across 1,110 sqft).
161 Ellington Pl, Madison was built in 1986.
No garage is reported in the listing.
HOA dues are $300 per month, as listed.
161 Ellington Pl, Madison is in the Ellington Place subdivision of Madison.
About $1,691 a month with 20% down on a 30-year fixed at 7.50%, principal and interest $1,119, estimated property tax $116, insurance $156, and HOA $300. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
161 Ellington Pl, Madison is zoned for Chadwell Elementary, Jere Baxter Middle, Maplewood Comp High School. Attendance zones and enrollment change, verify current zoning with the Metro Nashville Public Schools district.
No, 161 Ellington Pl, Madison is a standard residential home, not a permitted short-term rental. Ask Grant Hammond about STR-eligible inventory if that is your goal.
Request a time using the tour form on this page (in-person or a live video walkthrough), or call or text Grant Hammond, Compass RE, at (615) 945-7123. Most showings are confirmed within 24 to 48 hours.
Grant Hammond, Compass RE, can prepare and present your offer, walk you through price, contingencies, and timeline, and represent you through closing. Start with the form on this page or call (615) 945-7123. Broker fees are not set by law and are fully negotiable.
Yes. This page shows the full photo set and reported MLS fields; contact Grant Hammond, Compass RE, for a disclosure packet, recent comparable sales, and any off-market options.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.
At about $180 per square foot, 161 Ellington Pl, Madison ranks in the 16th percentile of active Madison 37115 listings by price per square foot, roughly 20% below the Madison 37115 median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Madison homes market is currently balanced, at about 3.6 months of inventory, per Realtracs as of September 26, 2026.
Thinking of selling in Ellington Place?
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