5128 New Highway 68 Madisonville, TN 37354
Estimated payment $5,580/month
Total Views
2,980
3
Beds
4.5
Baths
6,612
Sq Ft
$143
Price per Sq Ft
Highlights
- 1.6 Acre Lot
- Deck
- Cathedral Ceiling
- Countryside Views
- Traditional Architecture
- Wood Flooring
About This Home
This 6,612 square foot home is priced well below its recent appraisal and offers exceptional value. Set on 1.6 acres, the property has been thoughtfully remodeled and features four spacious bedrooms, multiple living and dining areas, two full kitchens, and two laundry rooms. The main level includes engineered hardwood flooring, bright, open kitchen with custom cabinetry and a large eat-in island, plus a breakfast nook and formal dining room. The main suite features a spa-style bathroom with tile flooring and a large walk-in closet. Additional highlights include a home theater, office, gym, recreation room, oversized deck, and a two-car garage. Designed for comfort and versatility, this home is perfect for large families, multigenerational living, or entertaining on a grand scale.
The fully finished walkout basement offers complete separate living quarters with its own private exterior entrance. It includes a full kitchen, laundry room, bathroom, living area, and bedroom—ideal for in-laws, guests, or potential rental income. This self-contained space provides flexibility and privacy rarely found in homes of this size.
Located just five minutes from a 9-hole golf course and Kefauver Park, ten minutes from the Monroe County Airport, and just minutes from the Tellico River, Vonore Lake, the Ocoee River, Cherokee National Forest, and I-75. McGhee-Tyson Airport in Knoxville is just 50 minutes away. This property combines space, function, and convenience at a price well below market value—an opportunity you don't want to miss.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,295
Year Built
- Built in 2000
Lot Details
- 1.6 Acre Lot
- Corner Lot
- Level Lot
- Irregular Lot
Parking
- 2 Car Attached Garage
- Side Facing Garage
- Garage Door Opener
- Off-Street Parking
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Frame Construction
Interior Spaces
- 6,612 Sq Ft Home
- Living Quarters
- Tray Ceiling
- Cathedral Ceiling
- Ceiling Fan
- Gas Log Fireplace
- Insulated Windows
- ENERGY STAR Qualified Doors
- Formal Dining Room
- Den
- Storage
- Countryside Views
- Fire and Smoke Detector
Kitchen
- Breakfast Room
- Eat-In Kitchen
- Self-Cleaning Oven
- Range
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Walk-in Shower
Laundry
- Laundry Room
- Washer and Dryer Hookup
Finished Basement
- Walk-Out Basement
- Recreation or Family Area in Basement
Outdoor Features
- Deck
Schools
- Madisonville Primary Elementary School
- Madisonville Middle School
- Sequoyah High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Perc Test On File For Septic Tank
- Septic Tank
- Internet Available
Community Details
- No Home Owners Association
- Michaels Mtn View Subdivision
Listing and Financial Details
- Assessor Parcel Number 079F A 028.00
Map
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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 | $4,252 | $249,500 | $37,150 | $212,350 |
| 2023 | $4,252 | $200,325 | $37,150 | $163,175 |
| 2022 | $3,928 | $127,250 | $30,700 | $96,550 |
| 2021 | $3,928 | $127,250 | $30,700 | $96,550 |
| 2020 | $3,928 | $127,250 | $30,700 | $96,550 |
| 2019 | $3,597 | $127,250 | $30,700 | $96,550 |
| 2018 | $3,597 | $127,250 | $30,700 | $96,550 |
| 2017 | $3,746 | $124,675 | $30,725 | $93,950 |
| 2016 | $3,746 | $124,675 | $30,725 | $93,950 |
| 2015 | $3,745 | $124,675 | $30,725 | $93,950 |
| 2014 | $3,297 | $124,684 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | For Sale | $945,000 | -- | $143 / Sq Ft |
Source: East Tennessee REALTORS® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $4,000 | -- | |
| Warranty Deed | $4,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Similar Homes in Madisonville, TN
Source: East Tennessee REALTORS® MLS
MLS Number: 1310857
APN: 079F-A-028.00
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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