diff --git a/minode/connection.py b/minode/connection.py
index d2ecc12..a0f02eb 100644
--- a/minode/connection.py
+++ b/minode/connection.py
@@ -411,7 +411,10 @@ class ConnectionBase(threading.Thread):
                         shared.node_pool.add((self.host, self.port))
                 elif self.network == 'i2p':
                     shared.i2p_node_pool.add((self.host, 'i2p'))
-            if self.network == 'ip':
+            if (
+                self.network == 'ip' and shared.listen_for_connections
+                and version.host != '127.0.0.1'
+            ):
                 shared.address_advertise_queue.put(structure.NetAddr(
                     shared.services, version.host, shared.listening_port))
             if self.server: