500 Drake Elm Court

Madisonville, LA
$ 379,000 Beds 4 Baths 3 Sq 2,501
Monthly Estimate* How much can I afford?

Spacious and well maintained home situated on an oversized corner lot with a roof replaced in 2025! Bond for Deed financing is available with a 30 year term, 10% down payment and an interest rate of prime plus 1%. The open concept living area features high ceilings, real wood floors and abundant natural light. The kitchen offers granite countertops, upgraded cabinetry, new stainless steel appliances and updated lighting. A separate formal dining area is conveniently located just off the entrance. The large primary suite includes dual walk in closets and an en suite bathroom with a jacuzzi tub. Two additional bedrooms and a full bathroom are located downstairs. The oversized fourth bedroom upstairs features a private bathroom, dual walk in closets and walk in attic access, making it ideal for a guest suite, game room, home office or media room. Enjoy the covered patio with a gas line for outdoor cooking overlooking the expansive backyard. With a convenient floor plan, generous room sizes and plenty of indoor and outdoor space for entertaining, this home has so much to offer. Schedule your private showing today! The large primary suite includes dual walk in closets and an en suite bathroom with a jacuzzi tub. Two additional bedrooms and a full bathroom are located downstairs. The oversized fourth bedroom upstairs features a private bathroom, dual walk in closets and walk in attic access, making it ideal for a guest suite, game room, home office or media room. Enjoy the covered patio with a gas line for outdoor cooking overlooking the expansive backyard. With a convenient floor plan, generous room sizes and plenty of indoor and outdoor space for entertaining, this home has so much to offer. Schedule your private showing today!

Active

  • Price
  • $ 379,000
  • City
  • Madisonville
  • Bedrooms
  • 4
  • Full Bathrooms
  • 3
  • County
  • ST TAMMANY
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.2558 Acres
  • Zip
  • 70447
  • Sqr Footage
  • 2,501
  • Year Built
  • 2006
  • Style
  • Acadian
  • MLS#
  • 2561493
Listed By: Trinity Keller with NOLA Living Realty - (504) 301-9757
Data Source: Gulf South Real Estate Information Network

Features

General

Sewer Public Sewer
Heating Central
Cooling Central Air
Roof Shingle
Appliances Microwave,Oven,Range,Refrigerator
HOA Fee 270
Patio/Porch Features Concrete,Other
Architectural Style Acadian
Pool Features Community
Security Features Security System,Closed Circuit Camera(s)
Construction Materials Brick,Stucco,Vinyl Siding
Year Built 2006
Stories Count 2
Levels Two
Property Subtype Detached
Assoc Fee Paid Per Semi-Annually
County St Tammany
Property Type Residential
HOA Yes
Energy Efficient Windows
Subdivision Name Timberlane Sub
Garage Y/N Yes
Other Structures Shed(s)
Total Rooms 11
Full Baths 3
Status Active
Directions From Hwy 22,turn into Timberlane Subdivision. Turn left onto Timberwood Drive,right onto Timberwood Loop,then left onto Drake Elm Court. The home is located on the corner lot on the left.
City Madisonville
Year Built Details Resale home featuring a newer roof (2025) and fresh interior paint.
Property Condition Excellent
Standard Status Active
Tax Lot 96
Property Sub Type Additional Detached,Single Family Residence
PostalCity Madisonville
Legal Description LOT 96 TIMBERLANE PH 2 INST NO 1337156 INST NO 1519698 INST NO 1592328 1947285 INST NO 1995680 INST NO 2063621

Interior Features

Interior Amenities Tray Ceiling(s),Ceiling Fan(s),Granite Counters,Pantry,Stainless Steel Appliances
Fireplace Features Gas
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Laundry Features Washer Hookup,Dryer Hookup
Total Bedrooms 4
LivingAreaSource Measured

Exterior Features

Exterior Amenities Fence
Parking Features Attached,Garage,Two Spaces
Lot Features City Lot,Irregular Lot,Oversized Lot
Water Source Public
Lot Size Area 0.2558
Foundation Details Slab
Building Area Total 3332
Lot Dimensions 75x112.57x120x102.33
Lot Size Acres 0.2558

Room Details

Bedroom # 3 First Carpet
Bedroom Second Carpet
Bedroom # 2 First Carpet
Breakfast Room/Nook First Tile
Dining Room First Plank,Simulated Wood
Foyer First Plank,Simulated Wood
Laundry First Tile
Living Room First Tile
Living Room # 2 First Plank,Simulated Wood
Primary Bathroom First Tile
Primary Bedroom First Carpet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Madisonville, LA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

6/5/2026 Listed $389,000
6/30/2026 3% - $379,000

Property vs Zip Code Average in 70447

Price
AVG $480K
$380K
Year Built
AVG 2009
2006
Visits
AVG 86
127
Data Provided by Inside Real Estate®

Areas That We Cover

500 Drake Elm Court Madisonville, LA is a Single Family Home for sale at $379000 with 2501 sqft and a lot size of 0.2558 Acres Acre(s). 500 Drake Elm Court Madisonville has 4 bedrooms, 3 baths and was built in 2006. The property's zip code is 70447 which is in Madisonville, LA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.