198 Lorman Lane, Madison, MS 39110

Local realty services provided by:Better Homes and Gardens Real Estate Expect Realty
198 Lorman Lane,Madison, MS 39110
$410,000
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  • 3 Beds
  • 2 Baths
  • 2,271 sq. ft.
  • Single family
  • Active
Listed by: barry d woodward
Office: woodward real estate, inc
MLS#:4135936
Source:MS_UNITED

Price summary

  • Price:$410,000
  • Price per sq. ft.:$180.54
  • Monthly HOA dues:$62.5

About this home

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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Home facts

  • Year built:1972
  • Listing ID #:4135936
  • Added:10 day(s) ago
  • Updated:January 23, 2026 at 04:40 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:2,271 sq. ft.

Heating and cooling

  • Cooling:Electric
  • Heating:Central, Natural Gas

Structure and exterior

  • Year built:1972
  • Building area:2,271 sq. ft.
  • Lot area:1.35 Acres

Schools

  • High school:Madison Central
  • Middle school:Madison County
  • Elementary school:Madison Station

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$410,000
  • Price per sq. ft.:$180.54
  • Tax amount:$552 (2024)

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