762 Old Tellico Hwy N Madisonville, TN 37354
Estimated payment $3,993/month
Highlights
- Barn
- Views of Trees
- Wooded Lot
- Stables
- 47.06 Acre Lot
- Ranch Style House
About This Home
Nestled in the heart of picturesque landscapes, this expansive 47.06-acre farm presents a unique blend of tranquility, functionality, and potential, ready to accommodate a variety of aspirations and lifestyles. Unrestricted land, the property serves a dual narrative of serene living and abundant opportunity. The cleared pastures, fenced and cross-fenced, are perfect for equestrian lovers or those with a passion for agriculture, ensuring a seamless blend of work, play, and relaxation. The farm's two ponds add a picturesque element, while enhancing the functionality for irrigation or livestock. Wooded areas provide a natural wonder, offering peace and privacy, as well as opportunities for outdoor recreation right in your backyard. The presence of a large barn with 4 sheds, 8 stables, a crib, and a loft with stairs will support a variety of agricultural or equestrian activities. Two smaller buildings offer additional storage. The property's inclusion in the Greenbelt program not only affirms its agricultural value but also offers financial incentives through property tax savings. With a 90' well and septic tank in place, the foundation is set for sustainable living or further development.DEVELOPERS: This is a fantastic opportunity with nearly 2000' of road frontage! City water and natural gas provided by the City of Madisonville is located all along the road, and positions this land as an excellent candidate for future projects. Additional adjoining acreage (15.3) available for purchase takes this property all the way to and across New Highway 68, providing opportunity for a mixture of residential and commercial development. Conveniently located to Madisonville, and Interstate 75, approximately 1 hour from Knoxville and Chattanooga and 2.5 hours from Atlanta and Nashville. Nearby mountains, rivers and lakes provide endless activities and adventure year-round.Farm Sold AS IS. House given little value.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $381
Year Built
- Built in 1958
Lot Details
- 47.06 Acre Lot
- Property fronts a county road
- Rural Setting
- Sloped Lot
- Cleared Lot
- Wooded Lot
Property Views
- Trees
- Pasture
- Mountain
- Rural
Home Design
- Ranch Style House
- Fixer Upper
- Block Foundation
- Pitched Roof
- Metal Roof
Interior Spaces
- 1,414 Sq Ft Home
- Wood Frame Window
- Crawl Space
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 1 Full Bathroom
Parking
- Driveway
- Unpaved Parking
- Off-Street Parking
Outdoor Features
- Covered Patio or Porch
- Shed
- Outbuilding
- Rain Gutters
Schools
- Madisonville Primary Elementary School
- Madisonville Middle School
- Sequoyah High School
Farming
- Barn
- Pasture
Horse Facilities and Amenities
- Horses Allowed On Property
- Hay Storage
- Stables
Utilities
- No Cooling
- No Heating
- Well
- Septic Tank
- Sewer Not Available
- High Speed Internet
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
- Greenbelt
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 091 10400 000
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 | $381 | $25,000 | $14,450 | $10,550 |
2023 | $393 | $25,000 | $14,450 | $10,550 |
2022 | $443 | $19,775 | $13,225 | $6,550 |
2021 | $443 | $19,775 | $13,225 | $6,550 |
2020 | $443 | $19,775 | $13,225 | $6,550 |
2019 | $391 | $19,775 | $13,225 | $6,550 |
2018 | $391 | $19,775 | $13,225 | $6,550 |
2017 | $404 | $19,300 | $13,500 | $5,800 |
2016 | $404 | $19,300 | $13,500 | $5,800 |
2015 | $404 | $19,300 | $13,500 | $5,800 |
2014 | $462 | $22,057 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
01/17/2025 01/17/25 | Price Changed | $750,000 | -11.8% | $530 / Sq Ft |
04/01/2024 04/01/24 | For Sale | $850,000 | -- | $601 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Quit Claim Deed | -- | None Listed On Document | |
Quit Claim Deed | -- | None Listed On Document | |
Quit Claim Deed | -- | None Listed On Document | |
Deed | -- | -- | |
Deed | -- | -- | |
Deed | -- | -- |
Source: River Counties Association of REALTORS®
MLS Number: 20241286

APN: 091-104.00
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