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198 Lorman Lane Madison, MS $ 410,000
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198 Lorman Lane
$ 410,000
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198 Lorman Lane

Madison, MS, 39110
$ 410,000
Bedrooms3 Baths2.0 Sq 2,271

Monthly Estimate*

$ 2,524

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Single Family Home for sale in Madison, MS

for $410,000 with 3 bedrooms and 2 full baths. This 2,271 square foot home was built in 1972 on a lot size of 1.35.

Rare waterfront opportunity in the highly desired Lake Lorman community of Madison. This property sits directly on the water and includes a separately deeded, vacant waterfront lot, offering exceptional value, flexibility, and future potential. The home is not turn-key and will require renovations, making it ideal for buyers looking to customize, invest, or add equity in a premier lake setting. Major improvements are already in place, including a new roof and new HVAC system, providing a strong foundation for future updates. Whether you envision a full renovation, weekend lake retreat, or long-term investment, this property offers hard-to-find double waterfront ownership in one of Madison's most sought-after lake communities. Endless possibilities—bring your vision and make it your own.

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Single Family Active

Price

$ 410,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 552

Style

Ranch

Lot Size

1.35

Year Built

1972

Town/City

Madison

County/Region

Madison

MLS | Web ID

4135936
Features
Interior
Interior Amenities Bar Built-in Features Ceiling Fan(s) Natural Woodwork Pantry Storage Vaulted Ceiling(s)
Flooring Carpet Laminate
Fireplace Features Gas Log Great Room Masonry Wood Burning
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Aluminum Frames
Fireplace Y/N Y
Half Baths 0
Laundry Features In Kitchen
Total Bedrooms 3
Total Baths 2
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General
Sewer Public Sewer
Heating Central Natural Gas
Cooling Electric
Utilities Electricity Connected Natural Gas Available Fiber to the House
Roof Architectural Shingles Asphalt Shingle
Appliances Cooktop Disposal
HOA Fee 750.0
Garage Spaces 0.0
Association Fee Includes Accounting/Legal Insurance Maintenance Grounds
Patio/Porch Features Deck
Architectural Style Ranch
Security Features Smoke Detector(s)
Construction Materials Brick
Year Built 1972
Levels One
Property Subtype Single Family Residence
Tax Year 2024
Waterfront Features Boat Launch Lake Front
Community Features Boating Clubhouse Fishing
HOA Fee 2 0.0
Assoc Fee Paid Per Annually
County Madison
New Construction N
Property Type Residential
HOA Y
Attached Garage N
Subdivision Name Lake Lorman
Garage Y/N N
Total Rooms 0
Full Baths 2
Status Active
Directions Lakeshore Drive right on Lorman Lane
High School Madison Central
City Madison
High School District Madison CO Dist
Lot Size Units Acres
Lot Size Square Feet 58806.0
Carport Spaces 2.0
Carport Y/N N
Elementary School Madison Station
Land Lease Y/N N
Tax Annual Amount 552.0
Home Warranty Y/N N
Middle/Junior High School Madison County
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Structure Type House
Standard Status Active
Year Built Source Owner
Legal Description LOT 196 & 196-A LAKE LORMAN PART 6
Senior Community None
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Exterior
Exterior Amenities Private Yard
Fencing None
Parking Features Carport Concrete
Lot Features Views Wooded
Water Source Public
Lot Size Area 1.35
Foundation Details Slab
Spa N
Building Area Total 2271.0
Lot Size Acres 1.35
Waterfront Y/N Y
Door Features French Doors Sliding Doors
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 198
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* Excluded Features
List By
Barry D Woodward

Listing Agent

Woodward Real Estate, Inc

Broker

barrywoodward@augustaconstruction.net

Email

Affordability Calculator

$2,570
Per Month
98%
2%
0%
Monthly Principal & Interest
$2,524
Monthly Property Taxes
$46
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5345970 Elementary School
5346560 Middle School
Madison Central High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/13/2026$410,000 Listed Price

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198 Lorman Lane, Madison, MS, 39110 is a Single Family Home for sale at $410,000 with 2,271 sqft and a lot size of 1.35. 198 Lorman Lane has 3 bedrooms, 2.0 baths, and was built in 1972. The property's zip code is 39110 which is in Madison, MS

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