1526 Ocoee Trail Madison, TN 37115
Neely's Bend NeighborhoodEstimated payment $1,642/month
Highlights
- Deck
- Covered Patio or Porch
- Ceiling Fan
- No HOA
- Central Heating and Cooling System
- Wood Siding
About This Home
Great Investment Opportunity in Madison! Discover this charming and updated 3 BR / 1 BA home in Neely’s Bend, currently leased through March 31, 2026—providing immediate rental income. Perched on a hill, the property features a spacious side deck, a welcoming front porch, and a generous yard. Inside, you’ll find beautiful LVP flooring throughout and an open-concept kitchen and living area designed for modern living. The kitchen includes stainless steel appliances, and the roof is approximately one year old for added peace of mind. Updated interior with charming finishes. Excellent location with good rental demand - a turnkey investment with a reliable tenant already in place! (Please do not disturb tenants. Photos are from Fall 2024 prior to current tenants.)
Listing Agent
Stones River Property Mgmt and Real Estate Service Brokerage Phone: 6156244203 License # 343176 Listed on: 12/30/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,015
Year Built
- Built in 1955
Lot Details
- 0.27 Acre Lot
- Lot Dimensions are 75 x 150
Parking
- Gravel Driveway
Home Design
- Wood Siding
Interior Spaces
- 879 Sq Ft Home
- Property has 1 Level
- Ceiling Fan
- Vinyl Flooring
- Crawl Space
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Covered Patio or Porch
Schools
- Neely's Bend Elementary School
- Neely's Bend Middle School
- Hunters Lane Comp High School
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Nawakwa Hills Powwow Subdivision
Listing and Financial Details
- Assessor Parcel Number 06302008800
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,399 | $50,275 | $18,750 | $31,525 |
| 2024 | $1,015 | $34,750 | $11,250 | $23,500 |
| 2023 | $1,015 | $34,750 | $11,250 | $23,500 |
| 2022 | $1,015 | $34,750 | $11,250 | $23,500 |
| 2021 | $1,026 | $34,750 | $11,250 | $23,500 |
| 2020 | $844 | $22,275 | $5,625 | $16,650 |
| 2019 | $614 | $22,275 | $5,625 | $16,650 |
| 2018 | $614 | $22,275 | $5,625 | $16,650 |
| 2017 | $614 | $22,275 | $5,625 | $16,650 |
| 2016 | $531 | $13,525 | $4,500 | $9,025 |
| 2015 | $531 | $13,525 | $4,500 | $9,025 |
| 2014 | $531 | $13,525 | $4,500 | $9,025 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/30/2025 12/30/25 | For Sale | $297,900 | -36.6% | $339 / Sq Ft | |
| 03/19/2021 03/19/21 | Price Changed | $470,000 | +11.9% | $535 / Sq Ft | |
| 02/09/2021 02/09/21 | Pending | -- | -- | -- | |
| 11/09/2020 11/09/20 | For Sale | $419,900 | +2299.4% | $478 / Sq Ft | |
| 07/22/2020 07/22/20 | Pending | -- | -- | -- | |
| 05/05/2020 05/05/20 | For Sale | $17,500 | -84.4% | $20 / Sq Ft | |
| 06/05/2018 06/05/18 | Sold | $112,000 | +17.9% | $127 / Sq Ft | View Prior Sale |
| 11/17/2017 11/17/17 | Sold | $95,000 | -- | $108 / Sq Ft | View Prior Sale |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $112,000 | None Available | |
| Warranty Deed | $95,000 | None Available | |
| Interfamily Deed Transfer | -- | Attorney |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $84,000 | New Conventional |
Source: Realtracs
MLS Number: 3060083
APN: 063-02-0-088
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