4957 Decatur Hwy Ten Mile, TN 37880
Estimated payment $3,566/month
Highlights
- Barn
- Private Lot
- Wood Flooring
- Mountain View
- Traditional Architecture
- 2 Fireplaces
About This Home
Welcome to Southern Grace Farm — a historic and scenic property in Ten Mile, TN, with only two previous owners. Spanning over 10 unrestricted acres, this horse-ready estate offers endless potential with a large post and beam barn featuring six 12x12 stalls, a tack room, wash bay, and fenced pastures. Whether you're envisioning an event venue, Airbnb, remodel project, or a new home site with breathtaking views, this property is ready to bring your vision to life.
The main home includes a spacious primary bedroom on the main level and an upstairs suite with its own ensuite bath, plus two additional upstairs bedrooms. The oversized laundry room offers flexible space for an office, home gym, or bonus room. Original hardwood flooring throughout.
Water is sourced from a deep well that taps into a natural underground spring with high-quality spring water, and city water is also available at the road. The property also includes an owned (not leased) buried propane tank, a detached garage with a large bay door for vehicles or equipment, a small pond with clearing potential, and mature, producing pecan and pear trees. An old cabin adds charm and could be restored as guest quarters, storage, or bridal suite for events. Tractor with attachments and all appliances including washer/dryer stay with the property. Southern Grace Farm blends history, functionality, and boundless opportunity.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,247
Year Built
- Built in 1900
Lot Details
- 10.9 Acre Lot
- Wood Fence
- Barbed Wire
- Private Lot
- Level Lot
Parking
- 1 Car Garage
Property Views
- Mountain Views
- Countryside Views
Home Design
- Traditional Architecture
- Frame Construction
Interior Spaces
- 2,544 Sq Ft Home
- 2 Fireplaces
- Wood Burning Fireplace
- Gas Log Fireplace
- Bonus Room
- Wood Flooring
- Unfinished Basement
- Walk-Out Basement
- Laundry Room
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Covered Patio or Porch
- Separate Outdoor Workshop
- Outdoor Storage
- Storage Shed
- Storm Cellar or Shelter
Farming
- Barn
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Propane
- Well
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 112 015.05
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 |
|---|---|---|---|---|
| 2024 | $1,247 | $51,975 | $16,225 | $35,750 |
| 2023 | $1,247 | $51,975 | $16,225 | $35,750 |
| 2022 | $2,207 | $51,975 | $16,225 | $35,750 |
| 2021 | $1,095 | $51,975 | $16,225 | $35,750 |
| 2020 | $1,096 | $44,350 | $8,600 | $35,750 |
| 2019 | $1,048 | $39,050 | $6,475 | $32,575 |
| 2018 | $1,006 | $39,050 | $6,475 | $32,575 |
| 2017 | $1,006 | $39,050 | $6,475 | $32,575 |
| 2016 | $1,006 | $39,050 | $6,475 | $32,575 |
| 2015 | $1,005 | $39,050 | $6,475 | $32,575 |
| 2013 | -- | $40,850 | $7,000 | $33,850 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/28/2025 08/28/25 | Price Changed | $649,900 | -3.7% | $255 / Sq Ft |
| 05/20/2025 05/20/25 | For Sale | $675,000 | -- | $265 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $82,000 | Equititle Inc | |
| Warranty Deed | $120,096 | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $44,800 | -- | |
| Deed | $255,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $65,000 | Credit Line Revolving | |
| Closed | $65,600 | New Conventional | |
| Previous Owner | $34,480 | Commercial | |
| Previous Owner | $40,300 | Commercial |
Source: East Tennessee REALTORS® MLS
MLS Number: 1302490
APN: 112-015.05
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.
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