11 days on rocket

123 Madison Dr, Dunlap, TN, 37327

$2,500,000

130.00 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeFarm
MLS #1390874
Lot Size130.00 Acres
StatusActive

About 123 Madison Dr

This stunning 130 acre parcel features everything you want from creeks and streams, ponds, a lake, mountain views, privacy, wildlife, and so much more. This property was once a golf course so it has almost 5 miles of paved cart path that allows you to access the property with ease. There are many access points on multiple roads including over 4,000 feet of frontage on US 127.The property also has a lot of private areas and has all underground utilities on multiple areas of the property. There is an extensive storm water run off system underground as well as irrigation that pumps from Spring Lake the runs throughout the property. The property could be used as agricultural, housing, or even open the golf course back up. Potential to be subdivided and some buildings can be purchased at an additional cost.

Property Details

Property Features

Listing Office:

  • Office Name: Sell Your Home Services, LLC

Lot Features

Lot Information:

  • Lot: Near Golf Course
  • Lot Size: 130.00 Acres

School Info

Assigned Schools Information:

  • Sequatchie County High School, Public District Grades 9-12
  • Sequatchie County Middle School, Public District Grades 5-8
  • Griffith Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: From Chattanooga take US 27 north to Hwy 111 to Dunlap exit. take US 127 north four miles and property is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,500,000

Tax Information:

  • Annual Amount: $4,437
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Dunlap, TN.

Med. Sold Price

$282.5K

Med. Price/SqFt

$165

Avg. Days On Market

36

# of Sold Homes

17

123 Madison Dr vs Dunlap

11 DAYS ON ROCKET

-25 Days

$2,500,000

+$2.2M More

KEY TAKEAWAY

This property is $2.2M more than the Median Sold Price in Dunlap, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #1390874

Listing Office:

  • Office Name: Sell Your Home Services, LLC

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/7/2024, 2:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 30, 2017Home Sold
$275,000
Jun 18, 2008Home Sold
$400,000
May 09, 2006Home Sold
$350,000
May 09, 2006Home Sold
$815,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,437$181,680
2019$4,437$181,680
2018$4,437$181,680
2017$4,110$181,680

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,562

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7620231
5
/10
  • Griffith Elementary School

  • 173 Jones Dr

  • 6.55 miles

  • Public District Grades PK-4

Middle School

school-card-donut-7620232
4
/10
  • Sequatchie County Middle School

  • 7079 State Route 28

  • 6.52 miles

  • Public District Grades 5-8

High School

school-card-donut-7620233
5
/10
  • Sequatchie County High School

  • 523 Highway 28

  • 3.70 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,081. The majority of Dunlap, TN residents have income less than $35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 123 Madison Dr

What is the listing price of this property?

The listing price of 123 Madison Dr property is $2,500,000.

What type of property is this?

The property 123 Madison Dr is land located in Dunlap, Tennessee, 37327.

Is this property for sale now?

Active Listing: 123 Madison Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 123 Madison Dr are:
Griffith Elementary School: GreatSchools Rating 5/10
Sequatchie County Middle School: GreatSchools Rating 4/10
Sequatchie County High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,437 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 30, 2017 for $275,000. (source: MLS/tax record).

How much acreage is this property?

The property 123 Madison Dr is 130.00 acres.
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Rocket HomesTennesseeSequatchie CountyDunlap37327123 Madison Dr

This home is located at 123 Madison Dr in Dunlap, TN and zip code 37327. This home sits on a 130.00 acre lot. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $2,500,000.

In April 2024, from all listings sold in Dunlap, TN there were more than 4 sold above asking price, over 11 sold below and more than 2 were sold right at the asked price. Between March 2024 and April 2024, Dunlap, TN real estate market has seen increase in the number of listings by 16.7%. In April 2024 median list price was $282,500 and the average listing age was 36 days.

From Rocket Homes Real Estate and based on county public records data.

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