NOT LISTED FOR SALE

198 Lock Seven Ln Carthage, TN 37030

Estimated Value: $146,000 - $325,000

3 Beds
2 Baths
1,573 Sq Ft
$148/Sq Ft Est. Value

Sale Details

Date Sold: February 19, 2026

Last sale price $120,000 $76 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $1,324 / mo

49 Days on Market

Highlights

  • No HOA
  • Level Lot
  • Carpet
  • Central Heating and Cooling System

About This Home

As of February 2026

January 10th, 2026, 10:00 a.m. on site, absolute real estate auction. Three bedroom 2 bath farmhouse on 3 acres. Property does need work, but offers a nice country backdrop. Smith Co. Court Case #2025-PR-2864. No Buyer's Premium. This property will sell at 11:00 a.m. on site, January 10th. Real Estate General Terms: A 10% non-refundable deposit of the total contract price & signing of Auction Purchase Contract immediately following the close of the auction will be required. There is NO BUYER’S PREMIUM on Real Estate or Personal Property. A valid drivers license is required to register to bid. Property is being sold “AS-IS” ‘”WHERE IS’’. Sale is contingent upon Court approval only. All Information Is Believed To Be Correct, But Not Warranted Or Guaranteed. Day of Sale Announcements & Terms and Conditions take precedence over all oral statements and printed material. Closing will be held no sooner than 30 days after court approval which is typically within three weeks from auction date. Court Case #2025-PR-2864 Estate of Mark Ivy Thompson Seller: Smith Co. TN Special Commissioner & Receiver Jessie Goad

Last Agent to Sell the Property

Mike Walker

Walker Auction & Realty, LLC Brokerage Phone: 6153089009 License # 275819 Listed on: 11/25/2025

Last Buyer's Agent

Mike Walker

Walker Auction & Realty, LLC Brokerage Phone: 6153089009 License # 275819 Listed on: 11/25/2025

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $584

Year Built

  • Built in 1920

Lot Details

  • 3 Acre Lot
  • Level Lot

Home Design

  • Frame Construction

Interior Spaces

  • 1,573 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Schools

  • Carthage Elementary School
  • Smith County Middle School
  • Smith County High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 047 00605 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$584

Year Built

Built in 1920

Lot Details

3 Acres

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1920
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Existing
  • Special Features: Auction
  • Stories: 2

Interior Features

  • Appliances: None
  • Flooring: Carpet, Laminate
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 1573
  • Building Area Units: Square Feet
  • Living Area: 1573
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Frame
  • Pool Private: No
  • Topography: Level
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Garage Yn: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 3
  • Lot Size: SURVEY IN DEED
  • Lot Size Units: Acres
  • Parcel #: 047 00605 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 584

MLS Schools

  • Elementary School: Carthage Elementary
  • High School: Smith County High School
  • Middle Or Junior School: Smith County Middle School

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2025
Closed on
Feb 19, 2026
Sold by
Bought by
Seller's Agent
Mike Walker
Walker Auction & Realty, LLC
Buyer's Agent
Mike Walker
Walker Auction & Realty, LLC
List Price
$120,000
Sold Price
$120,000
Views
18
Current Estimated Value
$232,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,523
Avg. Annual Appreciation
265.85%

Purchase Details

Closed on
Mar 28, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,200
Interest Rate
6.22%

Purchase Details

Closed on
Nov 20, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,893
Interest Rate
6.33%

Purchase Details

Closed on
Feb 15, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,900
Interest Rate
9.69%
Mortgage Type
Cash

Purchase Details

Closed on
Nov 1, 1994
Sold by
Bought by

Purchase Details

Closed on
May 31, 1990
Bought by

Purchase Details

Closed on
Apr 28, 1990
Bought by

Purchase Details

Closed on
Apr 13, 1990
Bought by

Purchase Details

Closed on
Apr 4, 1990
Bought by

Purchase Details

Closed on
Jun 9, 1987
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$120,000 None Listed On Document
$121,500 --
$129,900 --
$99,900 --
$44,500 --
-- --
$37,000 --
$32,000 --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $210,000
Previous Owner $97,200
Previous Owner $127,893
Previous Owner $99,900
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/19/2026 02/19/26 Sold $120,000 0.0% $76 / Sq Ft
01/13/2026 01/13/26 Pending -- -- --
11/25/2025 11/25/25 For Sale $120,000 -- $76 / Sq Ft
Source: Realtracs

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $584 $33,700 $6,600 $27,100
2024 $584 $33,700 $6,600 $27,100
2023 $584 $33,700 $0 $0
2022 $582 $33,575 $6,600 $26,975
2021 $637 $22,700 $6,000 $16,700
2020 $620 $22,700 $6,000 $16,700
2019 $620 $22,700 $6,000 $16,700
2018 $486 $22,700 $6,000 $16,700
2017 $480 $22,450 $6,000 $16,450
2016 $438 $18,900 $4,200 $14,700
2015 $438 $18,900 $4,200 $14,700
2014 $438 $18,900 $4,200 $14,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: RTC3050699

Realtracs

APN: 047-006.05

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