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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.

Pending · $200,000

2 beds2 baths1,110 sq ft$180 /sq ft0.02 acres

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.

The quick read

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.

Description of 161 Ellington Pl

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.

Highlights

Built 1986

Full property details

Complete reported fields for 161 Ellington Pl (reference).

MLS #3545564
StatusPending
Price$200,000
Price / sqft$180
Bedrooms2
Bathrooms2
Living area1,110 sqft
Lot size0.02 acres
Year built1986
All 32 property fields
Stories1
HeatingCentral
CoolingYes
BasementCrawl Space
ConstructionBrick
ParkingAsphalt
Annual taxes$1,436
AppliancesDishwasher, Dryer, Electric Oven, Electric Range, Ice Maker, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
Interior featuresCeiling Fan(s), High Speed Internet, Open Floorplan
FireplaceYes
Architectural styleCottage
Exterior featuresBalcony
PoolIn Ground, Private
Water sourcePublic
SewerPublic Sewer
UtilitiesWater Available, Cable Connected
HOA dues$300 / mo
SubdivisionEllington Place
CountyDavidson
AmenitiesMaintenance Grounds
ListedJuly 29, 2026
Days on market42
UpdatedSeptember 9, 2026

Listing activity

DateEventPriceChange
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.

  • Listed at $200,000, about 168% above the last recorded sale ($74,765, June 29, 1999).
  • County assessment: $204,100 total appraised value (land $41,000 + improvements $163,100).

County assessment from Davidson County public records; listing-cycle history tracked by the GH Market Engine.

Cost of ownership

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 basisAssessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate

Financing 161 Ellington Pl, Madison

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.

How the rate moves this payment

30-year ratePrincipal & interestEst. total / movs 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/mocurrent
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.

Buy versus rent, 161 Ellington Pl

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.

How this home is priced

How 161 Ellington Pl compares in Madison 37115

MetricThis homeMadison 37115 activeRecently sold
Price / sq ft$180$227 median-
Price position16th 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.

How this home compares in Madison 37115

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.

Home prices by high-school zone in Davidson County

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 zoneMedian $/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).

Competition & market pace

Active listings102 in Madison homes
Recent absorptionabout 28.3 sales / mo
Months of inventory3.6 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.

Location & neighborhood

161 Ellington Pl sits in Ellington Place, Madison, Davidson County.

Madison 37115 market snapshot

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).

Assigned schools

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.

High
Maplewood Comp High School

Ask Grant about 161 Ellington Pl

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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Similar & nearby

Similar listings nearby

Comparable listings near 161 Ellington Pl, by price and size.

Listed by Tam Whaley, Reliant Realty ERA Powered. Properties marked with the MTRMLS logo are provided courtesy of the Realtracs Internet Data Exchange Program. Information believed accurate but not guaranteed. IDX by Diverse Solutions.

Nashville real estate insights

Read: Middle Tennessee Real Estate Market Update August 2026
Middle Tennessee Real Estate Market Update August 2026

August 2026 Nashville housing market: inventory up 10% to 14,294 homes, supply at 5.59 months, average price up 3% to $637,141. What it means for buyers.

Read: Middle Tennessee Real Estate Market Update July 2026
Middle Tennessee Real Estate Market Update July 2026

July 2026 Middle Tennessee real estate data shows the average sale price up 6% year over year to $646,875, active inventory up 9%, and new contracts down 1% even as closings fell 8% and new listings dropped 19%. Months of supply rose to 4.92. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.

Read: Brentwood, TN New Construction: 3 Subdivisions to Watch This Summer
Brentwood, TN New Construction: 3 Subdivisions to Watch This Summer

Brentwood does not price as one market. Over the trailing 24 months, the new-construction enclaves Rosebrooke (about $3.74M median) and Witherspoon (about $3.33M) price above the established gated golf community at Governors Club (about $2.35M), against a townwide median near $1.58M. A Nashville broker's subdivision-level read for summer 2026 with live listings.

Read: Middle Tennessee Real Estate Market Update June 2026
Middle Tennessee Real Estate Market Update June 2026

June 2026 Middle Tennessee real estate data shows the average sale price up 7% year over year to $682,835, active inventory up 8%, and new contracts up 12% even as closings fell 4% and new listings dropped 16%. Months of supply rose to 4.8. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.

Popular searches

Frequently asked questions about 161 Ellington Pl

Is 161 Ellington Pl, Madison still for sale?

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.

How long has 161 Ellington Pl been on the market?

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.

Has the price of 161 Ellington Pl changed?

No. The asking price has been $200,000 since it was listed on July 29, 2026.

How much does 161 Ellington Pl, Madison cost?

161 Ellington Pl, Madison is listed at $200,000, about $180 per square foot across 1,110 square feet.

How many bedrooms and bathrooms does 161 Ellington Pl, Madison have?

2 bedrooms and 2 bathrooms.

What is the price per square foot?

About $180 per square foot ($200,000 across 1,110 sqft).

When was 161 Ellington Pl, Madison built?

161 Ellington Pl, Madison was built in 1986.

Does 161 Ellington Pl, Madison have a garage?

No garage is reported in the listing.

Are there HOA dues?

HOA dues are $300 per month, as listed.

What subdivision is 161 Ellington Pl, Madison in?

161 Ellington Pl, Madison is in the Ellington Place subdivision of Madison.

What is the estimated monthly payment for 161 Ellington Pl, 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.

What schools is 161 Ellington Pl, Madison zoned for?

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.

Is 161 Ellington Pl, Madison a short-term-rental property?

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.

How do I schedule a tour of 161 Ellington Pl, Madison?

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.

How do I make an offer on 161 Ellington Pl, Madison?

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.

Are more photos and details available for 161 Ellington Pl, Madison?

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.

Who can tell me more about 161 Ellington Pl, Madison?

Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.

How is 161 Ellington Pl, Madison priced compared to the market?

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.

Is the Madison homes market favoring buyers or sellers?

The Madison homes market is currently balanced, at about 3.6 months of inventory, per Realtracs as of September 26, 2026.

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